"Earnings estimates (general) being revised lower and many companies still missing" -- Bloomberg

Discussion in 'Stocks' started by Scataphagos, Mar 6, 2025 at 7:40 AM.

  1. Clip this morning.

    Suggests slowing economy... maybe recession next?

    FWIW...
     
    SimpleMeLike likes this.
  2. newwurldmn

    newwurldmn

    Who cares. Only look at Price Action, right?
     
    HawaiianIceberg likes this.
  3. nitrene

    nitrene

    Trump announced tariffs in March 2018 and within 6 months the markets started dropping. By Christmas Eve QQQ was down 19% from the highs. It looks like a repeat is coming.
     
  4. Good Morning Scataphagos,

    PA Price only. KISS
     
  5. Price TA always works.
     
    HawaiianIceberg and SimpleMeLike like this.
  6. Hello Scataphagos,

    That is correct!
     
  7. Sekiyo

    Sekiyo

    Only the pros know that PA backed by FA works best.
    But most traders are illiterate gamblers anyway.

    Latest estimate: -2.4 percent — March 06, 2025

    Direction is lower, at least 10% below highest high (5.5k ES).
    At best we pullback towards the 10 week sma (6k ES),
     
    Last edited: Mar 6, 2025 at 1:22 PM