Short-Term QQQ has to stay flat/bullish for this to work, but big time RSI divergence and falling wedge says a breakout is soon on the way. Bad earnings & worse guidance could not break the 157 support so I finally bought in there after watching it for a long while. Super undervalued to me, I calculated worst case 220 per share even with continuing bad...
JPowell is a disgraceful joke. Fed pivots and oil breaks out. Get ready for hyper inflation in a best case scenario.
In the waves I'm falling under The weight comes crashing down But I know that's it's just water Sink or swim or float or drown
Everything you say Can be heard through the white noise And we can never stay up in arms I think the end of Roe v. Wade is exactly what this ice cube needs.
With a look of disbelief Alone and numb to the cold I knew the last moment had passed Betting on deflation restoring margins and increasing sales.
The short sellers, they used to say "Inventories!" The long buyers, now they say "Inventories!"
Let the world hear these words once more: "Save us oh lord, from the wrath of the Norsemen."
You listened to mild-mannered god And put your faith in deceitful words Your powertrip was paid by blood In kindness' name you spilled our blood Shorting supply chain congestion & towards a temporary trough in price increases. Inflation is a cancer that JPowell is trying to treat as a common cold by feeding us chicken soup with 2.00% rates. Cancers always...
Interesting correlation. I see $CAR as essentially just trading leveraged used car prices, but I was unaware how close used car prices correlated to lumber prices. Makes sense in some regards, little in others.
It's times like these that make me say, Lord, if You see me please come my way.
The land is silent...before the storm! On the vast fields of snow, the wind is blowing strong With it's frozen cold and relentless touch It leaves a dead and hollow land of ice Depreciation = (Costs - Residual Values) / Useful Life The squeeze was rational; Residual values higher, useful life and cost unchanged for the current inventory - sticky prices analogy -...
It's times like these When lines are drawn Which side of the fence Are you standing on?
I'm just another stranger in a city I can't remember My bed is where I lay my head This is my life of luxury
I know it's so wrong but I'm so far gone Don't need you to tell me I'm so cynical Quit being so over-skeptical What's wrong?
One foot in the grave, other on the ground I can't process what I'm feeling now This skin I can do without
When you feel like this When you saw it all come crashing down Subtle but not underground Are you ten years ago?
Contrary to popular opinion casinos are not recession proof, only lotteries. The Federal Reserve giveth, and the Federal Reserve taketh away.
Channel trade resisting 1100 - 1200. Risk in the market travels from the weakest sectors to the strongest. Only the big tech stocks are now left to begin their corrections and I believe TSLA will be the first to come under pressure. As the discount rates increases, the valuation multiples fall exponentially. Buckle up, it's going to be a bumpy ride.