No kiddingPlayed out beautifully
*Investors Blog*
- Thread starter Warstud
- Start date
and I have seen some post calling it a pay raise....It is a COLA because of inflation and not a pay raise...
Albertsons merger with Kroger could be announced this week.
https://www.cnbc.com/2022/10/13/sha...tential-merger-with-grocery-giant-kroger.html
Guess they'll ruin jewel-osco
Crazy days like today gets me antsy.
https://nypost.com/2022/10/13/dow-falls-as-hot-inflation-data-drives-fears-of-big-rate-hike/
https://nypost.com/2022/10/13/dow-falls-as-hot-inflation-data-drives-fears-of-big-rate-hike/
I am a rube but I am trying to learn. I am trying to follow what your saying?
You referring to the CPI flattening? This is headline CPI. Core continues to rise?
Not to worry. The market made wide swings like it has been this year during the first 8 months or so in 1929 and that turned out okay, right?
I don't do fundamentals so never looked at fed data. Price reacts to forecasts just guesses made by drunk 25 year olds on wallstreet while theyre at a strip club
....that's what my post was about...go to forexfactory scroll down the list to cpi click it and u'll see the "traders" data..I'm on my phone so can't take screenshots to show u betterPlus the fact we're at a double bottom on the daily. That's why I said yesterday I'll buy a double bottom after it tests the lows on bad news cause it will invariably go up 99% of the time
I'm bearish for the next year till price revisits the covid lockdown area that caused the runup to new highs....it's just a technical retracement...it doesn't mean the whole economic fabric will unravel like permabears fantasize about happening in a fortnight, lol so price will have rallys. this one should prolly get back to 3900 maybe even 4100 like I was wanting it to week and half ago when I went long.
Thanks for your reply. So I am still a bit lost but it doesn't take much. So your looking at this data - CPI Y/Y - trending down last 4 months?I don't do fundamentals so never looked at fed data. Price reacts to forecasts just guesses made by drunk 25 year olds on wallstreet while theyre at a strip club
Plus the fact we're at a double bottom on the daily. That's why I said yesterday I'll buy a double bottom after it tests the lows on bad news cause it will invariably go up 99% of the time
I'm bearish for the next year till price revisits the covid lockdown area that caused the runup to new highs....it's just a technical retracement...it doesn't mean the whole economic fabric will unravel like permabears fantasize about happening in a fortnight, lol so price will have rallys. this one should prolly get back to 3900 maybe even 4100 like I was wanting it to week and half ago when I went long.
You mentioned forecast? Forecast has been consistently less than actual for several months.
It's not so much the forecast or the actual number but the trend...my chart was downward your Fred chart was flat...people's kneejerk reaction to the miss was the opportunity. Buying the bad news at a test of lows will almost always pay off...that's what I was waiting for....from yesterday. If you're not a technical trader it will be hard for you to understand why price does the opposite at highs and lows
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If anyone thinks Tesla is a good investment you would think it would be time to buy now that it’s stock has been slashed 50% in the past year and now approaching a two year low if it continues this trend.
Definitely not a stock for me but what do I know?
Definitely not a stock for me but what do I know?
no big deal just a retrace to the midpoint of yesterdays candle...prolly a buy op....ill look to go long again sunday night
What rally?
The ones that happen every other day.
I went conservative some time ago.
Over the last few years I have accumulated this stock all the way from 40ish down to 20ish and back up then held and still hold.
At times I felt why am I holding such a dysfunctional company but stuck with it, as I continue to stick with TMUS and WMT which I bought low 90s.
Anyway a breath of fresh air because I wanted to kick myself for not dumping it when it was in the 50s not to long ago.
I did work for them a short while right before, during and after Covid. Then retired.
https://stocks.apple.com/AUJjODb3IR1mcckKm9xFEKA
Over the last few years I have accumulated this stock all the way from 40ish down to 20ish and back up then held and still hold.
At times I felt why am I holding such a dysfunctional company but stuck with it, as I continue to stick with TMUS and WMT which I bought low 90s.
Anyway a breath of fresh air because I wanted to kick myself for not dumping it when it was in the 50s not to long ago.
I did work for them a short while right before, during and after Covid. Then retired.
https://stocks.apple.com/AUJjODb3IR1mcckKm9xFEKA
