Nice trade, I got shaken out in todays whipsaw. Good Luck!
Bought TLT this am
#11
Posted 11 May 2022 - 05:48 PM
#12
Posted 12 May 2022 - 03:05 AM
#13
Posted 12 May 2022 - 04:27 AM
Keep an open mind... this thing might just be starting...the great reset?
The market is still expecting 50 bps rate hikes in June and July. It's been a long, long time since we've seen the Fed not respond to a large stock market decline with easy money. And you have to go back to Volcker to find a Fed that has tightened policy into a bear market.
Terry Laundry type chart:
https://stockcharts....id=p45545342106
Edited by MDurkin, 12 May 2022 - 04:32 AM.
#14
Posted 12 May 2022 - 04:53 AM
SPX was at 2250 in March-April 2020.
Now just over 2 years later it is at 3975.
Sure FED put has gone on since Volker.
But that was during time inflation was half at most compared to now.
I am not seeing which policies Biden & congress is proposing which will cause serious drop in inflation. Our country runs on energy. What proposals currently being considered will stop oil prices to drop? Please enlighten me. $40 Billion proposal to help Ukraine fight Russia? Where is that $40B coming from? More debt? Bigger cost to service that debt? That will reduce interest rates?
How long will the voters tolerate 8% inflation? Can FED keep rates 6.5% below inflation rates without politicians rioting?
#15
Posted 12 May 2022 - 05:08 AM
Let the market find it's REAL price without any interference from the Fed (QE, buying bonds). Lets see where we are at in Oct.
#16
Posted 12 May 2022 - 03:39 PM
I am not so sure we can call this bear market just yet.
SPX was at 2250 in March-April 2020.
Now just over 2 years later it is at 3975.
By my measures it's a confirmed Bear Market.
And, probably about ready for a rip-roaring bounce.
M
Mark S Young
Wall Street Sentiment
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#17
Posted 12 May 2022 - 05:52 PM
#18
Posted 21 May 2022 - 05:10 PM
TLT might be ready to rocket never seen a head and shoulders like this..
https://stockcharts....id=p45545342106
Edited by MDurkin, 21 May 2022 - 05:11 PM.
#19
Posted 22 May 2022 - 04:12 PM
#20
Posted 27 May 2022 - 02:06 PM
update ( bought @114.70 )
Edited by Chilidawgz, 27 May 2022 - 02:07 PM.