120 replies to this topic

[dTraderB]

POWELL **WILL*** REGRET THIS STATEMENT UNLESS HE REVERSES FLAWED POLICY & do what must be done to save the housing & regional/small banking sector:

"...Doesn't think [commercial real estate crash] is likely: I dont think theres much risk of a repeat of 2008.
--WSJ

[dTraderB]

McOsc DOWN on Friday
https://www.mcoscill...t_breadth_data/

[redfoliage2]

Pops sold and dips bought............................

Edited by redfoliage2, 05 February 2024 - 09:41 AM.

[dTraderB]

NQ HEDGE LONG 17650
2 NQ & 1 ES

[redfoliage2]

PMI data showing a strong economy, likely leading to a soft landing other than a recession ...................

Edited by redfoliage2, 05 February 2024 - 10:11 AM.

[dTraderB]

ES 4944.5

NQ HEDGE LONG 17650
2 NQ & 1 ES

[redfoliage2]

PMI data showing a strong economy, likely leading to a soft landing other than a recession ...................

The dip is likely to be bought ......................

Edited by redfoliage2, 05 February 2024 - 10:24 AM.

[dTraderB]

Too many eager DIP BUYERS... ES 4725-30 STRONG SUPPORT ZONE, a better LONG entry

[redfoliage2]

 

PMI data showing a strong economy, likely leading to a soft landing other than a recession ...................

The dip is likely to be bought ......................

 

The outlook of a soft landing is much better than a recession for the current bull market.  With today's PMI data indicating US economy is humming along I see SPX 5000 likely to be achieved soon ..............................

Edited by redfoliage2, 05 February 2024 - 11:42 AM.

[redfoliage2]

 

 

PMI data showing a strong economy, likely leading to a soft landing other than a recession ...................

The dip is likely to be bought ......................

 

The outlook of a soft landing is much better than a recession for the current bull market.  With today's PMI data indicating US economy is humming along I see SPX 5000 likely to be achieved soon ..............................

 

So I'd expect stock prices going higher along with this economy as long as the Fed not raising the rate since it said at the meeting it's done with raising...........................

Edited by redfoliage2, 05 February 2024 - 11:53 AM.