Going to be watching to real closely to see how GS and JPM act today...
Tesla been giving a leadout to the peloton for a bit here....
Unseasonally BEARISH APRIL? .EARNINGS RALLY?
Started by
dTraderB
, Apr 09 2023 04:36 PM
698 replies to this topic
#11
K Wave
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Posted 10 April 2023 - 07:15 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#12
K Wave
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Posted 10 April 2023 - 07:21 AM
2008 will be Sunday school picnic compared to what may happen now. Commercial properties could drop 40% in value due to drops in occupancy rates. Whatwil that do to REITs? Who said national debt is just a number. Simple 6thgrade math. Treasuries interest for new issues is double than just a year ago. A bunch of countries in Africa have already defaulted on debt with more to come. There is emergency meeting by world bank next week. Ukraine war shows no signs of ending. I hope bank of America does not follow SVB & others. I depend on that bank.
Yep, tons of Commercial Refis (which are typically financed for MUCH shorter periods of time than residential) at MUCH higher rates coming non-stop for the next few years....
Only way to possibly save from disaster is to get rates back near where they were, and that does not look likely with the 40 year cycle turn....
Edited by K Wave, 10 April 2023 - 07:22 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#13
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Posted 10 April 2023 - 07:25 AM
REIT will tell us soon enough if it is going to get real ugly...or not.
And what happens dead ahead may be a big clue in that regard, as bears have let it off the mat far enough to possibly give it some breathing room unless it goes right back into tank mode PDQ.
Gap below 2220 area today could be trouble....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#14
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Posted 10 April 2023 - 07:27 AM
Rusty gettin' pounded since the 1760 failure
MASSIVE pivot there now...bears still rule below
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
K Wave
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Posted 10 April 2023 - 07:29 AM
Apple looks be gapping back under 164...this could be kickoff day for bears there...
NVDA stil above 264, but should that give way later, would be big loss for bulls....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#16
K Wave
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Posted 10 April 2023 - 07:30 AM
For SOX, still ALL about Thursday pivot....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#17
K Wave
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Posted 10 April 2023 - 07:34 AM
Rusty gettin' close to opening below last weeks low.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#18
K Wave
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Posted 10 April 2023 - 07:47 AM
Apple....see if 5 min finally gives way here after the Check Mark top...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
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Posted 10 April 2023 - 07:50 AM
Bulls need to come out of the gate with guns blazin' or they are just about to get overrun...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#20
K Wave
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Posted 10 April 2023 - 08:08 AM
SMH trading below 250...suggesting very possible UGLY open for SOX
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
