The stock market

[movetheboat]

THIS GAVE US A LITTLE BOUNCE AT 10AM...BUT IT WON'T LAST

U.S. consumer sentiment rises in September; inflation expectations fall​

FILE PHOTO: Grocery store in Washington
WASHINGTON (Reuters) - U.S. consumer sentiment improved moderately in September, while households' inflation expectations declined amid lower gasoline prices, a survey released on Friday showed.
The University of Michigan's preliminary September reading on the overall index on consumer sentiment came in at 59.5, up from 58.6 in the prior month.

 

[movetheboat]

Historically and seasonally next week is the worst week for the stock market.....I am waiting for around Halloween to see if we reach some kind of bottom

 

[movetheboat]

FED EX is down 21% today...they are predicting world wide recession

The dollar is STRONG.....Joe Blow thinks that is a good thing...but NOPE

Hide in fixed income....making any return is better than losing

 

[movetheboat]

Today is FED day.....rates up 3/4 or a full point. That being said odds favor a close in the GREEN!!! Too many people short or in PUTS....The market will punish them and then return later to our regularly scheduled BEAR market!

 

[movetheboat]

sorry FED is wednesday......but we turned around and closed GREEN

 

[movetheboat]

Market is still too bearish and too many people short....fuel for a rally even though the DOW futures are predicting a DOW down 200 points at the OPEN today

 

[CELLFISH]

 

[wader]

"scoop 'em up"

 

[movetheboat]

rate increase .75...markets all over the place.....will rally hard today and sell tomorrow

 

[movetheboat]

maybe not eh? Dow whacked for 500 points.....very bearish looking ahead

 

[movetheboat]

Historically and seasonally next week is the worst week for the stock market.....I am waiting for around Halloween to see if we reach some kind of bottom

this week has certainly proven its rep for being a BAAAAAD week.......and futures point to a chit day today also.....the DOW right now is below the JUNE lows....and OCTOBER is not a market friendly month......When to start buying is the question........

 

[Roccus7]

 

[movetheboat]

opened another CD TODAY 12 MONTH 2.75%

 

[movetheboat]

Market (dow) was up 300 and is now is down 200. NOT GOOD!!! No Buyers!!!

earnings season in two weeks

 

[movetheboat]

nice rally today...lets see if it has legs...end of the month shenanigans

 

[movetheboat]

DAMN....Futures down!!! The job numbers came in too strong.....as weird as that seems a strong job market is not good right now.......points toward more interest rate increases. Dow points to a 300 point drop at the open

AND we got October coming which also sucks for the market......

 

[movetheboat]

well boys and girls...the UGLY stick hit the ole market upside the head!!!

APPLE will keep going down and drag the indexes with it...it's heavily weighted in the indexes

The redistribution of wealth that occurs every few years...they crash all this crap and buy it up to sell it back to the masses all over again

 

[CELLFISH]

this thread is worse than “ 3 word story “…

 

[movetheboat]

this thread is worse than “ 3 word story “…

true...but not worse than the CORN thread

 

[movetheboat]

Picked up GS at 351.25

Capital markets are still there, lots of money on the sidelines, deals will happen.

Watch banks with increasing consumer debt. The switch from "saving" (now being used up as the "free" money ended), rise in interest rates, banks will make money!

ya can get more below 300