https://m.investing....flation-3110984
Edited by redfoliage2, 23 June 2023 - 05:19 AM.
Surprising JUNE BULLISH SURGE should end soon
Started by
dTraderB
, Jun 19 2023 04:24 PM
86 replies to this topic
#71
redfoliage2
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Posted 23 June 2023 - 05:14 AM
As the real inflation persists this is what the central banks have to do:
https://m.investing....flation-3110984
https://m.investing....flation-3110984
#72
dTraderB
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Posted 23 June 2023 - 06:44 AM
WSJ:
Stock futures and bond yields are declining Friday as recession fears come back into focus. Central bankers from the U.S. to Norway have stressed this week that they aren't done raising interest rates. Investors are questioning whether the global economy's unexpected resilience to central bank policy-tightening will finally start to unravel.
Closely-watched purchasing managers' surveys released Friday by S&P Global pointed to sharper-than-expected slowdowns in the eurozone, Japan and Australia. The U.S. manufacturing survey for June is out at 9:45 a.m. ET.
Stock futures and bond yields are declining Friday as recession fears come back into focus. Central bankers from the U.S. to Norway have stressed this week that they aren't done raising interest rates. Investors are questioning whether the global economy's unexpected resilience to central bank policy-tightening will finally start to unravel.
Closely-watched purchasing managers' surveys released Friday by S&P Global pointed to sharper-than-expected slowdowns in the eurozone, Japan and Australia. The U.S. manufacturing survey for June is out at 9:45 a.m. ET.
#73
dTraderB
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Posted 23 June 2023 - 06:48 AM
The Thursday-Friday rally streak may be broken this week..... BUT THIS MARKET IS EXTREMELY RESILIENT as we saw yesterday.
I think EITHER it goes down by at least 2% today OR finishes UP. BIG DECLINE or up.
I think EITHER it goes down by at least 2% today OR finishes UP. BIG DECLINE or up.
#74
redfoliage2
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Posted 23 June 2023 - 06:49 AM
Not a simple recession its going to be a stagflation. We are going to see the bear market part II
#75
K Wave
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Posted 23 June 2023 - 08:00 AM
IF DAX fails on this bounce somewhere near 16K, could start to get ugly and possibly fast...
16K is so freaking huge on this chart...
That's a Bingo
16K holds...possibly a big 1st step by bears...
VIX finally popping...now we see if Apple and META can break those huge pivots today...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#76
K Wave
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Posted 23 June 2023 - 08:43 AM
Now we watch to see if Dow also fails to hold 33600 breakout, as DAX did at 16K
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#77
K Wave
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Posted 23 June 2023 - 09:03 AM
Watching this 480 pivot zone on UNH....
IF it rolls over here, could get real ugly, real fast....
Edited by K Wave, 23 June 2023 - 09:03 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
#78
K Wave
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Posted 23 June 2023 - 09:05 AM
IF Apple is going to continue ascent to end of month, likely need to hold 185...
Under that, and cracks in the dam likely start to appear...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#79
dTraderB
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Posted 23 June 2023 - 09:59 AM
BEARS nust take out ES 4370 & close the week below this level or else new 2023 HIGHS next week
The Thursday-Friday rally streak may be broken this week..... BUT THIS MARKET IS EXTREMELY RESILIENT as we saw yesterday.
I think EITHER it goes down by at least 2% today OR finishes UP. BIG DECLINE or up.
#80
dTraderB
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Posted 23 June 2023 - 10:04 AM
10 to 1 UVXY REVERSE SPLIT.
HOLDING CALLS
WILL CLOSE & REVERSE TO PUTS above 25
HOLDING CALLS
WILL CLOSE & REVERSE TO PUTS above 25
