The stock market

[dsedy]

75 is baked in. First move at 2pm is usually wrong.. gotta wait until Powel speaks at 2:30. Also pace of balance sheet reductions will be in focus.

If 50, we rally & melt up

 

[movetheboat]

DADDY...don't even look today!! EL

 

[movetheboat]

75 is baked in. First move at 2pm is usually wrong.. gotta wait until Powel speaks at 2:30. Also pace of balance sheet reductions will be in focus.

If 50, we rally & melt up

MY TAKE IS THE MARKET GOES THE OPPOSITE WAY THE NEXT DAY AFTER FED

 

[dsedy]

MY TAKE IS THE MARKET GOES THE OPPOSITE WAY THE NEXT DAY AFTER FED

yes dem bastid's love to mess with peeps

 

[dsedy]

2pm to now

fake out at 2PM higher now making new daily lows post fomc press conference

see where they close it could do reversal by 3:45 who knows...

 

[dsedy]

Nope. Stonks puked

 

[Roccus7]

Guess that 75 point increase wasn't really baked into the market...

 

[dsedy]

Guess that 75 point increase wasn't really baked into the market...

It was baked in. It was the comments from Powell on trajectory and pace. He was more hawkish.
That’s why I stated wait until 2:30 when he opens up his mouth in the Q&A.

It’s always the case. The forward comments are more important than the thing itself.

 

[Roccus7]

It was baked in. It was the comments from Powell on trajectory and pace. He was more hawkish.
That’s why I stated wait until 2:30 when he opens up his mouth in the Q&A.

It’s always the case. The forward comments are more important than the thing itself.

True enough. I was surprised that many figured they'd back it down to 50 on this swing. Chairp of the Fed is a no-win job; on a Good Day you don't piss anyone off...

 

[wader]

what a roller coaster ride

 

[movetheboat]

I-BONDS new rate 6.89% thru april 2023

 

[movetheboat]

I don't think the market is done with the down party

 

[wader]

what a roller coaster ride

she was up $23+ a share at one point today.........................

The Old Lady just refuses to lay down it seems.

 

[movetheboat]

she was up $23+ a share at one point today.........................

The Old Lady just refuses to lay down it seems.

its down 164 points from its 52 week high....I call that LAYED DOWN AND LEGS IN THE AIR

 

[wader]

a its down 164 points from its 52 week high....I call that LAYED DOWN AND LEGS IN THE AIR

show me another stock that reacts like that after the beating it's taken - I dare you

Remember - I didn't pay more then $95 a share & the majority of my holdings where bought at $26. Couple of 100 were free via Grants

 

[movetheboat]

that's nice those who bought at 374 ARE SCREWED because they just missed earnings and announced headwinds in 2023...so idiots shorted that news and got punished, it's a low float stock pretty easy to manipulate....it could see 150 if the market turns down again...no if...WHEN!

 

[movetheboat]

The fearlessness of youth!!!! Looks like a BUBBLE to me...that said the bubble may not burst for awhile so have fun kids it's your turn to play the greatest thing ever,,,,AKA TULIPS....DOT COM....TECH

comment on bitcoin 18 months ago at 60,000

last two days alone it got whacked 15%....now at 17,000

 

[movetheboat]

government gridlock and uncertainty.....market no likey dat

at least energy is coming down too...so ya got that going for ya

savings acct 3%
12 month CDs 4%

until we get capitulation where everyone swears they will never buy stocks again...maybe spring 2023? s+p 2500?? could be

 

[movetheboat]

CPI number (inflation) came in GOOD!!!!!!

As of right now futures point to the DOW opening up 800 points!!!!!

I had bought three positions betting a cooler CPI number but just dumped two here in pre-market

 

[Matts]

Whoa!!
quick, backdate a buy order....