I am no pro. I just think that Apple makes up such a big % of the indices that its kind of beyond news. Its worth keeping an eye on.
Apple is only down a tiny bit really. Its AMZN that's really interesting for me. I have never seen AMZN get below its trend line before. That...
That will be an interesting one to watch. Right now is the first time AMZN has breached its long term trend going all the way back from 2015.
Lets see what happens after the Apple earnings first...
Or maybe the price is dropping ready for a big surge?
That's exactly why I said "if chips cant be made in China". They will need to be made somewhere else and cost more. My view is that this will...
This is why I don't think a pivot will happen. But I'm fine being wrong. It would undermine all of the previous efforts to lower inflation....
Personally, when I post in here, I am looking for people to challenge my views. If everyone agreed with me all the time then I would be getting no...
The hardest thing to do for who?
I don't mean bulls in general, I just mean the crowd that probably got hurt quite badly at least two times now this year. Surely that has to be...
Looks pretty logical. I wonder how masochistic bulls still are after being burned twice though. I think there is a case for the peak to not get...
So we get rumours and whispers instead until then. I very much doubt they will pivot. Inflation will go through the roof if they do, and they...
The 10yr rate has been going wild
NQ is still above support. I reckon the drop wont happen until tomorrow. I am staying short though.
I guess it depends on what you believe got us to this situation of high inflation in the first place. Some people believe its down to the supply...
Good point. So they cant really control the pace at which they roll off then. I didn't know much about it really.
You would think so. But given that interest rates are no where near high enough to offset inflation yet, inflation isn't going down, and the Fed...
Wow they have hardly even started selling anything off yet!! 2400 here we come. You would expect to see the balance sheet make large moves down...
New weekly low close on the SPX. Surely this reduces the chance of a bottom now?
Seems like a slow grind down again now.
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