thank you. others seem to disagree and think fundamental is strong and thus the stock market will continue to go up and up and up. dumbest shet i ever heard. lol.
Might be voodoo, but I'm on the lookout for an IT low around first week of May. But it definitely could be fugly going into that low.
Ok ladies and gents....could today 4/25/18 be the Black Thursday? I’m ready to short the market today. Let’s get paid.
Fundamentals *are* strong. But like today (big earnings beats; market down ~1.0%), the economy that drives the fundamentals, and the market (the wagging tail on this dog), are importantly different. The market went up on cheap cash and *hope* for earnings catch-up. The earnings are here ("Finally!"), but the cash punch bowl is running dry. Whoever doesn't expect a reaction here???? Yowsa. (Yeah. You knew that. In a way, we *all* knew that.....) For 2018, I predict.... https://media1.tenor.com/images/19b83e3485b5dce990a971c9111ace6a/tenor.gif?itemid=8241025
It means one thing, wall st. is dumping every little chance they get. You have been warned. For you investors, don’t look at your 401k statement for the next few months.
Vinny, Its looking kinda green for black Thursday. I think its Wednesday anyway.... You probably flattened out right? No positions?
It is down right now during lunch hour. I know wall st like to do their dumping during the lunch hour. Small position with tvix right now.
I was gonna warn you to close that TVIX... I got busy trading something else and forgot. It just fell off a cliff. Knew it would. Hope you didn't lose too much.