The stock market

[movetheboat]

It wasn’t your fish. That’s for sure. You don’t catch any.

.....that was funny!!!

 

[movetheboat]

today was a nice payday!!! Just what a retired guy living on a small pension needed lol

BULLISH AT LEAST THRU 4TH JULY

 

[dsedy]

These are the near-term levels on the S&P daily that would have to clear for any type of pivot higher. First have to clear 3810, then 4017, then 4223. Each move into those areas will be shorted/sold on swing failures. You can see the green candle from yesterday, wicked into and could not clear 3810.

On the daily oscillator not oversold yet.

On another note: dem bastids' closed it at 3666 today.

Options Expiration tomorrow so will be interesting to see where dealers are positioned.

View attachment 49996

Was really hoping for a move to 4050 to start entering new shorts....didn't happen....
We cleared the 3807 and had a swing failure at 3945...retest and failed to close above 3807
Updated 4H chart

 

[dsedy]

In a Crypto trading Tournament. Our team is doing Ok 3 days in. Up 12.54% and 158 out of 500 + teams
I'm in 6th on my team. Didn't trade today.

 

[OVERBORED]

Crypto Ponzi Scheme

 

[movetheboat]

nice lil rally today...I'm not betting on it continuing in July

 

[BennyV]

Crypto Ponzi Scheme

Stole $4 billion. Offering $100K reward. Really?

 

[OVERBORED]

Did my quarterly 401K review yesterday. Ugh......down 12%. All things considered, I expected worse.

 

[movetheboat]

OIL back to double digits...down 7% today
Markets struggling....no capitulation
Have to get past the next rate cut

 

[wader]

Guess Not.....................

who's GUS??

The economy is fine....in 1918 for two years we had the spanish flu with 650,000 dead...then we had the ROARING twenties....same thing will happen

US retailers ditch talk of ‘Roaring Twenties’ boom amid consumer pinch

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its...

finance.yahoo.com

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its financial forecasts because of “multiple macro headwinds”. The strong housing market, record equity valuations and low interest rates that Friedman hailed in summer 2021 have been replaced by rising rates, a bear market and a 40-year peak in US inflation.

 

[longcast]

Guess Not.....................

US retailers ditch talk of ‘Roaring Twenties’ boom amid consumer pinch

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its...

finance.yahoo.com

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its financial forecasts because of “multiple macro headwinds”. The strong housing market, record equity valuations and low interest rates that Friedman hailed in summer 2021 have been replaced by rising rates, a bear market and a 40-year peak in US inflation.

NOPE!

 

[movetheboat]

lets see what happens when supply catches up to demand. I ordered an i-phone 13 on june 23rd and it hasn't even shipped yet...usually two days. Record travel this july 4th even with 5.00 gas. Jobs go begging!!!! This is the strongest "weak" economy I ever seen....your personal situation may BLOW...but hey...you own that

 

[movetheboat]

Guess Not.....................

US retailers ditch talk of ‘Roaring Twenties’ boom amid consumer pinch

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its...

finance.yahoo.com

The “unmasking” of American shoppers as they shed pandemic precautions “could lead to a Roaring Twenties type of consumer exuberance,” RH chief executive Gary Friedman predicted on his upmarket furniture company’s earnings call last June. On Thursday, Friedman announced that RH was cutting its financial forecasts because of “multiple macro headwinds”. The strong housing market, record equity valuations and low interest rates that Friedman hailed in summer 2021 have been replaced by rising rates, a bear market and a 40-year peak in US inflation.

before the WAR eh?

 

[Roccus7]

 

[wader]

what happened??!?!???!!


It was doing fairly well earlier in the day when I checked it. Crapped out by the close.

 

[Roccus7]

what happened??!?!???!!


It was doing fairly well earlier in the day when I checked it. Crapped out by the close.

The Dow Jones Industrial Average DJIA –0.69% fell 216 points, or 0.7%, while the S&P 500SPX –0.84% declined 0.8%, and the Nasdaq Composite fell 0.8%. The indexes were all solidly in the green before the news from Apple.

Apple (ticker: AAPL) plans on slowing down hiring and spending growth next year as economic demand wanes. Apple stock dropped 2%.

This comes after stocks popped on Friday, with all three major indexes gaining more than 1% as investors dialed back their expectations for a full-point rate increase by the Federal Reserve. The market has enjoyed a larger rally, as the S&P 500, at 3830, is still about 5% above its intraday low for the year of 3636 hit in mid June.

“Wall Street is starting to find its footing as investor Fed tightening fears eased,” wrote Edward Moya, senior market analyst at Oanda.

That’s given investors the all clear to focus on corporate profits instead. And they will have to focus given that 244 S&P 500 companies will report earnings over the next two weeks.

Already, companies are beating expectations. With almost 10% of the S&P 500’s market capitalization having reported earnings, earnings have come in 3.7% above estimates. Still, one issue remains. While companies are beating expectations for the past quarter, the road ahead might be more difficult. With interest rates rising and calls for a recession growing louder, it seems likely that earnings estimates must decline. Profit expectations for the S&P 500 for 2022 have risen over the course of the year, but are now down 0.3% in the past month, according to FactSet.

 

[wader]

Buy Estée Lauder Stock. Shares Could Climb 31%.

Estée Lauder stock has dropped 34% in 2022, but with China starting to recover, Estée Lauder could, too.

www.barrons.com

Yes.
That's exactly what I keep telling people.

 

[movetheboat]

enjoying this rally....did we bottom? If we continue up from here and pull away from where it closed.....PARTY TIME!!

Still not committed, my exposure is very defensive in long term positions

Short term this volatility is great for trading unless you are losing of course lol!!

we got back 10% this month!!! Lots of things are clicking....

 

[cany]

I did good today lol

 

[wader]

I did good today lol

so I noticed........