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Posted
  On 11/10/2022 at 9:50 PM, MeerkatBong said:

Just saw S&P had best day since 2020.

Markets love a mixed congress.

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  On 11/11/2022 at 1:04 PM, CooterBrown said:


The best political stability is gridlock.

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they liked core monthly inflation numbers (excluding energy and food) showing a look forward annual number below 4% (0.3% * 12 = 3.6%) and adding back energy and food it's still below 5% on an look forward basis (0.4% * 12 = 4.8%). 

Yes markets like gridlock (they also like SOP politics not batshit crazy politics), but the major impetus was and is the Fed and inflation.

  • Hook 'Em 2
Posted

Today would seem like a pretty good ⬆️  day, if it wasn't human nature to compare it to yesterday.
It also shows why the Dow should not be used as a market indicator - it is antiquated, from when averages were calculated by hand, now you can have the entire market and any sector you want with instantaneous results. Those fucking boomers just refuse to give up the Dow as a bell weather 

Posted

What to do. What to do. Is this enough to push us past the 200 day moving average in the s and p and look to start a new bull market? Someone needs to tell me quick because we are hitting 407 today. 

Posted
  On 11/15/2022 at 2:23 PM, Cheeseweasel said:

GUIDE US WALLY!!!!

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this market makes no sense to me
I was just about to post - Is it time to take something off the table, to buy Puts into this market rise, to sell calls into the rise or to sit here like Forrest Gump and just participate in the market while sitting with my thumb up my butt
Stupid is as stupid does

Posted

Weird fetishes in the stock market doom thread?  Say it ain’t so!

 

I have a great feeling about today.  
 

I drank some good coffee, my knees don’t hurt five days after running a half marathon, and best of all, I am not looking at MY FUCKING ACCOUNT today because I’m going to enjoy the day.

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