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QQQ is cooked, sell


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#31 redfoliage2

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Posted 07 January 2022 - 10:23 AM

 

yea good points.. 

 

I guess the word on the street is that the cpi and ppi next week could maybe finish the market off if they are strong numbers

 

my greatest concern is that a huge portion of the underbelly of the market has already corrected...  so the danger is if the big money declines to do major dump of the big cap stocks..

 

 

 

 

 

 

are you sure redfoliage?  Seems like we are sitting on the edge of a high cliff at this juncture....

 

Larry  and Joe Dinapoli talking about an 87 style crash to start right now

 

I see tech selling was done and QQQ is going to go up from here into the earnings reporting season starting next week ............................

 

I don't see this is the time for a correction as the rate still low and the Fed still pumping $60 Bil per month.  And it's the reporting season and earnings generally should be good.  So, I see the selling was just a one-time move,  a delayed selling from 2021.  JMHO. 

 

 

CPI?  I have some comments here:

 

https://www.traders-...6212-sure-tina/



#32 tradesurfer

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Posted 07 January 2022 - 10:36 AM

https://stockcharts....he-ver-534.html



#33 tradesurfer

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Posted 07 January 2022 - 10:37 AM

It is amazing to me that VIX is not up 100% already given all the conflicting dangerous signals

 

 

we have bonds about to meltdown or mini crash

 

stock market on the edge of a cliff

 

real estate peak

 

silver and gold weak


Edited by tradesurfer, 07 January 2022 - 10:41 AM.


#34 tradesurfer

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Posted 07 January 2022 - 10:52 AM

all hands on deck !!! major major crash risk here !!!



#35 redfoliage2

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Posted 07 January 2022 - 01:09 PM

With the bond selloff, it comes again - TINA.  I'd expect SPX new highs soon ..................



#36 tradesurfer

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Posted 07 January 2022 - 01:15 PM

isnt the bond crash in 1929,   the thing that helped stocks fall over the final edge... ?

 

 

With the bond selloff, it comes again - TINA.  I'd expect SPX new highs soon ..................



#37 redfoliage2

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Posted 07 January 2022 - 01:21 PM

 

isnt the bond crash in 1929,   the thing that helped stocks fall over the final edge... ?

 

 

With the bond selloff, it comes again - TINA.  I'd expect SPX new highs soon ..................

 

Very different era not comparable.  But here is why stocks are still the alternative in 2022:

 

https://insight.fact...igh-eps-in-2022


Edited by redfoliage2, 07 January 2022 - 01:27 PM.


#38 tradesurfer

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Posted 07 January 2022 - 01:26 PM

Yes but werent earnings really good on October 11th 1987 also ???  tongue.png

 

 

 

 

isnt the bond crash in 1929,   the thing that helped stocks fall over the final edge... ?

 

 

With the bond selloff, it comes again - TINA.  I'd expect SPX new highs soon ..................

 

Very different era not comparable.  But here is why to park the money in stocks in 2022:

https://insight.fact...igh-eps-in-2022

 



#39 redfoliage2

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Posted 07 January 2022 - 01:32 PM

 

Yes but werent earnings really good on October 11th 1987 also ???  tongue.png

 

 

 

 

isnt the bond crash in 1929,   the thing that helped stocks fall over the final edge... ?

 

 

With the bond selloff, it comes again - TINA.  I'd expect SPX new highs soon ..................

 

Very different era not comparable.  But here is why to park the money in stocks in 2022:

https://insight.fact...igh-eps-in-2022

 

 

Also very different era in terms of the interest rate.  The interest rate in 1987 was 10% then.



#40 Chilidawgz

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Posted 13 January 2022 - 03:44 PM

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