It’s been a buy the dip since they changed the environment back in 08. The V is used to get us to the next higher level.
Actually its been buy the dip since the 1980’s . I remember the mkt like yesterday in 1990 . Mkt was down maybe 20% going into gulf war and the night the bombs started dropping we skied and never looked back for 10 yrs .lol
Watching for a reaction around 60 if I'm not stopped out before that hits. Added a few long the way, so got a bit too close to the market. Still think 6500 can happen.
was at an decent itialian restaurant last night with family, 21% gratuity superimposed without asking on a $580 food bill, excluding sales tax, forked out nearly $800. wtf. US Core CPI Picks Up on Services; Goods Inflation More Subdued https://www.bloomberg.com/news/arti...ce-january-on-services?srnd=homepage-americas The pickup in the core CPI was fueled by services prices. Excluding energy, they climbed the most since the start of the year. Airfares jumped by the most in three years, while medical care and recreation also advanced. The reacceleration in services costs, after months of more subdued prints, underscores the lingering difficulties in taming inflation. Economists and policymakers have been largely concerned about goods prices given President Donald Trump’s sweeping tariffs, but consumer demand risks augmenting services inflation.
Lucky day. Watching for a reaction around 64, now. If that doesn't stop this, well... Think I'm just going to hit the sack for a few and see if this just doesn't go to target.