The stock market

[cany]

please do

Read up

 

[dsedy]

@cany...
@wader probably cannot see the post...he might have blocked me

 

[cany]

@cany...
@wader probably cannot see the post...he might have blocked me

They he doesent get to play right?

 

[dsedy]

They he doesent get to play right?

good point

 

[wader]

@cany...
@wader probably cannot see the post...he might have blocked me

I haven't blocked anyone - well at least not anyonr involed here - you want us to indiscriminately pick a point?

 

[cany]

Guess he unblocked you now lol

 

[dsedy]

I haven't blocked anyone - well at least not anyonr involed here - you want us to indiscriminately pick a point?

from todays closing price 3669.89. up or down by tomorrow by 4pm est

 

[movetheboat]

I think it will be a low key day to absorb this great rebound and then Monday...NEW ENERGY AND SUCKERS! LOL

So Donny my man I say down a wee bit i pick "A"

 

[Snapprhead27]

A

 

[dsedy]

Cany: b
MTB: a
Snapperhead: a

 

[dsedy]

Cany: b
MTB: a
Snapperhead: a

Unless something changes in the next 15 @movetheboat and @Snapprhead27 PM me your email if you like...will send the prize gift cards another crazy day on the street...morning looked good, then everything got whacked again.

 

[wader]

until it follows that pattern it's established lately & sells off tomorrow

as I was saying.................

 

[movetheboat]

Well DSEDY did indeed send out e-gift cards to the winners. Thanks Don!!

 

[movetheboat]

WOW....Looks like another monster rally day coming up again!

 

[wader]

WOW....Looks like another monster rally day coming up again!

shhhhhhhhhhhhhhhh

 

[movetheboat]

GDP rose by 2.6% in 3Q22 after two straight quarters of negative prints. Recession watch is still on however.

MarKET looks HIGHER!!

 

[dsedy]

GDP rose by 2.6% in 3Q22 after two straight quarters of negative prints. Recession watch is still on however.

MarKET looks HIGHER!!

net trade contributed to 2.77% of this number, or 108% of the bottom line!


According to the BEA, the upturn in the third quarter, compared to the second quarter, primarily reflected a smaller decrease in private inventory investment, an upturn in government spending, and an acceleration in nonresidential fixed investment that were partly offset by a larger decrease in residential fixed investment and a deceleration in consumer spending. Imports turned down.

But, again, it was all about trade...

Net exports contributed 2.77ppt to GDP growth, or more than 100% of the total, as the trade deficit receded in the third quarter.
— Neil Irwin (@Neil_Irwin) October 27, 2022

... as the following breakdown shows:

• Personal Consumption: 0.97% of the bottom line number, down from 1.38% and the lowest since 2019.
• Fixed Investment subtracted -0.89% from the GDP, in line with last month's -0.92% as corporations continue to retrench ahead of the recession
• The change in private inventories shrank for the 3rd quarter, this time shrinking GDP by -0.70%
• On the positive side net exports rose by 2.77% courtesy of a 1.63% increase in exports and a decline in imports which contributed another 1.14% to the GDP print. As noted above, this alone was enough to explain the entire gain in Q3 GDP, and is a function of US support of the European war economy as the US exports record amount of commodities (oil and gas) as well as weapons to Europe.
• Finally, government consumption - which was and remains an oxymoron - added 0.42% to the bottom line GDP.

 

[movetheboat]

ergo recession watch still on

 

[movetheboat]

UPDATED MON, OCT 31 20227:47 AM EDT
SHAREShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email

Stock futures slide on Monday with the Dow on track for best month since 1976!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​

 

[movetheboat]

FED DAY!!! Another interest rate increase and probably more to come.

Don't fight the fed when they go down...and don't fight them when they go up!!

TRANSLATION>> The stock market will head back down...S+P could easily got to around 2500 making a near 50% drop in the market

GOOD NEWS...You can make 3-4% on a savings account
BAD NEWS....Credit card and mortgage interest rates going up

INFLATION...CC RATES UP....MORTGAGE RATES UP...MARKET GOING DOWN

DESTINATION FUKKED!!! CAPITOL ONE IS 3% ON SAVINGS NOW AND WILL INCREASE AFTER TODAYS FED TALK....NOT BAD

Rough times ahead and in this environment things could get Dangerous.