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there are elections in November...


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#1 andr99

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Posted 29 June 2022 - 03:18 PM

so if we bounce till July 8th, we go sideways till July 15th and then start to drop......where would the bottom be ? Election in November means a bottom in late August early September, because from there till November the stock market has to bounce, it can' t disturb the political climate


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#2 pdx5

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Posted 29 June 2022 - 04:55 PM

in USA the executive branch has equivalent power to congress and courts. 

In November, executive branch head Biden is not up for election.

The changes will be minor adjustments in congress after election results. 

The president can veto any bill passed in congress.

It requires 2/3rd majority in congress to override veto.

Republicans are not going to have 2/3rd majority in congress from November election.

In summary, nothing big will change by this mid-term election.

 

In my opinion the biggest factor affecting the stock market is 8.6% inflation, highest in 40 years.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#3 Rogerdodger

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Posted 29 June 2022 - 05:49 PM

In my opinion the biggest factor affecting the stock market is 8.6% inflation, highest in 40 years.

 

My buddy from high school had to buy a car battery today...$250!!!  swoon.gif



#4 12SPX

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Posted 30 June 2022 - 08:32 AM

They've been going up for a long time with better technology as regular batteries at least here are normal price, he should've come up here lol!!  



#5 pdx5

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Posted 30 June 2022 - 11:11 AM

I have a 2011 Chevy HHR with ORIGINAL battery! Should I replace it just because of age of 11 years old?

It still starts the car at flick of the ignition switch.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#6 K Wave

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Posted 02 July 2022 - 11:00 AM


 

In my opinion the biggest factor affecting the stock market is 8.6% inflation, highest in 40 years.

Yesterday's news...

 

CRB likely to see a sharp correction after the way overextended run up...already down nearly 9% just last few weeks

 

With grains crashing, along with used car prices, and Oil looking highly suspect, along with the air coming out of housing big time, and the Bullwhip Effect hitting retail, you may see year over year numbers still up, but not much in the way of month over month for awhile

 

crb.png


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#7 pdx5

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Posted 02 July 2022 - 07:07 PM

We should find out soon. Next inflation numbers will be published mid-July.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule