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Wage increases not good news,but will they bet this is the plateau. (eom)


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#1 slupert

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Posted 29 July 2022 - 07:36 AM

eom



#2 slupert

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Posted 29 July 2022 - 07:43 AM

i Have no clue why this market has been rallying like it has been ,individual earnings aside.



#3 slupert

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Posted 29 July 2022 - 07:58 AM

Only a matter of time until investors say "Thank You, but what are ya going to do for me now pal?"



#4 OEXCHAOS

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Posted 29 July 2022 - 09:43 AM

To many fundamentalist, stubborn bears.

 

The SH has $1.14 BILLION in net new shorts since the top.

 

M


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#5 slupert

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Posted 29 July 2022 - 11:58 AM

To many fundamentalist, stubborn bears.

 

The SH has $1.14 BILLION in net new shorts since the top.

 

M

Every one of these rallys was FED induced. Happens right after the FEd, they catch end of the month strength, , and there is tons of money out there coming in installments like they are supposed to do. Institutions don't time the market, they will wait for a market to be up 10% like it is now to buy it, while many hope for a retest (which I believe will happen). I aclled for 4200 for this rally top, but belive the big one comes in Sept through the end of  Oct, beginning of Nov., then down hard. Septmbers unlikely bear slayer, Vladimir Putin. (JMHO)



#6 pdx5

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Posted 29 July 2022 - 04:15 PM

i Have no clue why this market has been rallying like it has been ,individual earnings aside.

The clue is out in the open, Apple, Tesla, Amazon, etc all beat earnings estimates. Happy days are here again!!

Market is encouraged by upbeat earnings from the leaders. Never mind that credit card debt is going up at a strong pace, non-transitory inflation will force FED to keep raising rates, China is getting ready to takeover Taiwan, and Ukraine keeps on going. 


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#7 redfoliage2

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Posted 30 July 2022 - 09:45 AM

Fed favorite inflation indicator PCE up again:
https://www.cbsnews....port-june-2022/