The stock market

[movetheboat]

Just wondering why this thread hasn't seen any activity. Guess everyone is licking their wounds...

 

[Roccus7]

And you would if you could!! ?

 

[CELLFISH]

2 weeks of christmas are traditionally the most quiet times... FLAT…

 

[movetheboat]

2022 WAS all about protecting capital, trading short term Long or Short positions and (as I stated many times) stay away from CRYPTO. Getting thru 2022 unscathed took a lot of effort....making a profit difficult. BEAR markets destroy both bulls and bears or tries too.

I am hoping for a wash out by early spring. If you protected your capital you will be in a good position to BUY. I f you didn't ...don't feel bad..you will have lots of company.

At the capitulation stage a lot of people throw in the towel and sell everything and swear off the market forever. When you get that feeling...we bottomed!!! Please post it here for me

 

[wader]

The market chaos sparked by Russia's invasion of Ukraine may finally be over, according to these 5 charts

Commodity prices surged and the euro crashed after Russia invaded Ukraine. But the worst of the pain might be over as 2023 approaches.

markets.businessinsider.com

 

[wader]

at least something of mine was able to stay above water - was up another $4-$5 earlier in the day

Cany managed a bit of a gain as well I see,

 

[cany]

at least something of mine was able to stay above water - was up another $4-$5 earlier in the day

Cany managed a bit of a gain as well I see,

Still way behind lol

 

[wader]

Still way behind lol

I was gonna mention that but thought I'd leave it alone.

 

[cany]

I was gonna mention that but thought I'd leave it alone.

Im focusing on my lil ones now

 

[movetheboat]

at least something of mine was able to stay above water - was up another $4-$5 earlier in the day

Cany managed a bit of a gain as well I see,

EL...Wells Fargo reiterated overweight...275 PRICE TARGET

 

[Roccus7]

EL...Wells Fargo reiterated overweight...275 PRICE TARGET

They've got a hell of a row to hoe for that 275, looking at the 1 yr numbers from yesterday...

EL: $253.91-$117.95 (-31.72%) past year

 

[movetheboat]

They've got a hell of a row to hoe for that 275, looking at the 1 yr numbers from yesterday...

EL: $253.91-$117.95 (-31.72%) past year

They are probably stuck in that stock and want out....higher

 

[movetheboat]

 

[Matts]

It still amazes me that news reports are so lazy that they treat the Dow as a barometer for "The Economy" and that this has been so pervasive over the last 30 years that folks from all walks of life buy into it.
My understanding is that today's rally is based on reports that job growth (a justification for passing almost any type of legislation) and wage increases (which help everyone still in the work force) have cooled - and millions of folks in their 20's and 30's who make not much more now than we did in the 80's will read the surge in the Dow as good tidings.
Anyway, Old Guys Rule!

I've given up trying to predict how various events will move the markets.

 

[wader]

Macy's quietly lays an egg — and more may be coming for retail

Macy's had a poor holiday season. Here's how to be thinking through the retail trade. More on that, and what else to watch in markets on Monday, January 9, 2022.

finance.yahoo.com

 

[movetheboat]

Macy's quietly lays an egg — and more may be coming for retail

Macy's had a poor holiday season. Here's how to be thinking through the retail trade. More on that, and what else to watch in markets on Monday, January 9, 2022.

finance.yahoo.com

Market is acting like October was the bottom....earnings season is coming....I think we continue to rally.

 

[dsedy]

Just plowed some $$ into physical Gold / Silver American Eagles via Apmex

 

[movetheboat]

They've got a hell of a row to hoe for that 275, looking at the 1 yr numbers from yesterday...

EL: $253.91-$117.95 (-31.72%) past year

yup...well it's 273.00 now....go larry go!!!

 

[movetheboat]

i would like to see 4100 on the s+p to convince me we don't turn back down.

we are 6000 DOW points off the bottom....yes thats a SCHWING!!!!!!

I'm a SCHWING trader ya know!!

 

[wader]

yup...well it's 273.00 now....go larry go!!!

$274.50 after hours...........