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bearish rally or bottom ?


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#1 andr99

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Posted 09 September 2022 - 10:02 AM

we are going to know soon 

 

https://i.postimg.cc/52SPxDBK/spxb.png

 

in april support was broken heavily, if that repeats it' s bearish rally, if not the bottom is in  


forever and only a V-E-N-E-T-K-E-N - langbard


#2 gm_general

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Posted 09 September 2022 - 10:29 AM

“In our view, unchanged guidance about when the pace of rate hikes may slow suggests that Chair Powell and the Fed are comfortable with current market pricing,” BofA economists said.

 

Really? The same stern stance taken on multiple occasions that trashed the market now means AOK? That is real tea leaves reading stuff.



#3 andr99

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Posted 09 September 2022 - 10:57 AM

“In our view, unchanged guidance about when the pace of rate hikes may slow suggests that Chair Powell and the Fed are comfortable with current market pricing,” BofA economists said.

 

Really? The same stern stance taken on multiple occasions that trashed the market now means AOK? That is real tea leaves reading stuff.

 

yesterday the ECB rised interest rates by 0.75%.......first time ever.......immediately the European stock markets dropped 1.5% .......but then magically they reversed up because.......hey it's good for markets  


forever and only a V-E-N-E-T-K-E-N - langbard


#4 pdx5

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Posted 09 September 2022 - 11:20 AM

10 year bonds yield 3.3% fully taxable. Inflation 9% after taxes paid.
Where can new money go except stocks?
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 andr99

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Posted 09 September 2022 - 11:26 AM

10 year bonds yield 3.3% fully taxable. Inflation 9% after taxes paid.
Where can new money go except stocks?

 

he has a different point of view

 

https://www.investin...surge-200629589


forever and only a V-E-N-E-T-K-E-N - langbard


#6 andr99

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Posted 09 September 2022 - 11:40 AM

nasdaq 

 

https://i.postimg.cc...mWZw/nasdaq.png


forever and only a V-E-N-E-T-K-E-N - langbard


#7 steadyquest

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Posted 09 September 2022 - 02:10 PM

If the fed even hints it recognizes that the derivative of inflation is falling like brandon off his bike the ticket price for this ride will go up in a hurry.    jmho

 

aapl.png      



#8 linrom1

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Posted 09 September 2022 - 02:40 PM

DXY down one day and commodities are running wild. Long 10% CPI. LOL.



#9 andr99

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Posted 09 September 2022 - 02:55 PM

the line in the sand that can' t be overcome by the spx is 4120 in my opinion for the bear to remain intact

 

and yes it is probably a bear market rally even though so far it' s early to say 

 

call me mad, but 4120 and then 3400 and the election rally starts......... 


Edited by andr99, 09 September 2022 - 03:02 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#10 redfoliage2

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Posted 09 September 2022 - 03:52 PM

I don't think Powell is happy to see a rising stock market at this juncture ....................


Edited by redfoliage2, 09 September 2022 - 03:59 PM.