The stock market

JackPrintMD said:
Remain liquid.
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finance.yahoo.com

Stock market today: Stock futures fall as further bank-related fears percolate

Stocks are feeling pressure from multiple directions.
finance.yahoo.com finance.yahoo.com

WTI crude oil (CL=F) fell about 4% in pre-market trading to around $67 a barrel, nearing its lowest level in nearly two years. Brent crude (BZ=F) also dipped 4% to just under $73 a barrel.

The pressure in oil comes after Energy Secretary Jennifer Granholm told lawmakers on Thursday refilling the country's Strategic Petroleum Reserve (SPR) may take several years and that it will be "difficult" to utilize the current decline in oil prices.
 
Roccus7 said:
You going to accept a +/- 2% margin of error on your "official" prediction, setting up a "No Man's Land" where neither one of us can gloat?
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If you want....for chits and giggles. My official as you call it prediction was a possibility of a 6 week rally based on that days action. But I think we can still close higher by April 10 than march 6th. The market will shrug off the bank news and has a clear picture of what the fed will do.

The bank news was left field ...hopefully we regulate again and some DH doesn't reverse it
 
dsedy said:
Santelli always nails it. Today was no exception.



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Santelli said the same shit from from 2008-2016 and we rocked all around..... then shut his mouth for 4 years for some reason

Recession is part of the normal economic cycle and has been from day one. It's gotta fall on someone and it will one day no matter what.
 
A rider on my chairlift recalled a cartoon he had seen in the 70's:
Stock's fell early today on confirmation of a giant meteor hurtling directly towards Earth, but rallied late as the Fed hinted at a rate cut.

None of it makes real sense, so predictions tend to be random in the long run. The only ones's making money for sure are the high speed traders, who are only interested in collecting their tiny vig a million times a minute.
 

Stocks rally to cap a winning month, quarter for Wall Street​


  • Hedge funds’ cyclical exposure at three-year low: JPMorgan
  • Back-to-back quarterly gains seen only twice in 14 bear cycles

NEW YORK (AP) — Stocks rallied Friday to close out a winning March and first quarter of the year, feats that looked questionable just a couple weeks ago when Wall Street was tumbling in turmoil.

The S&P 500 rose 1.4% to cap a 3.5% gain for the month. It also locked in a second winning quarter in a row after falling sharply most of last year on worries about high interest rates meant to get inflation under control.

The Dow Jones Industrial Average rose 415 points, or 1.3%, while the Nasdaq composite climbed 1.7%. For the Nasdaq, big leaps for technology stocks drove a gain of 16.8% for the quarter, its best since the surge out of the coronavirus-caused crash in the spring of 2020.

Friday’s gains came after a report showed inflation across the United States slowed in February, though it was still high relative to history. A continued slowdown could give the Federal Reserve more leeway to take it easier on interest rates after jacking them higher at a furious pace over the last year.
 
john carter
world class teacher trader
do not try to predict price , navigate price

so the clues friday
happy family indices gap up
830am eco data held va high
so its gap into 3 probably

so good shot at trending day as long as 15 min 20da ma holds up
if it 1 timeframes up sellers have been taken out

market profile says should be 1 pullback
and as long as that holds the 15min 20da just inventory adjust

so golden ratio said spx 4105
 
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