Consensus for NFP tomorrow is that it will virtually „crash“ from 372k to 250k.
If it comes in better, we will now say „then they gonna sell because of fear of tight FED“. But they could also promote the narrativ that the FED lies and won‘t be as tight as it said… Fact is, there was more liqui than we thought since June bottom. Where did it come from? No one knows.
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trying to look at this on my cell phone the 5-day cycle projection looks like 4195 or so.. about the same measuring objective as the high base breakout.
So the last 3 months on the SPX is a "do over".......
How is AMZN Bullish......Not a damn thing matters......
—Amazon on Thursday reported its second-consecutive quarterly loss but its revenue topped Wall Street expectations, sending its stock sharply higher.
posting a net loss of $2.0 billion in the second quarter, or 20 cents per diluted share, compared with net income of $8.1 billion, or $15.79 per diluted share, in first quarter 2021
>: Again, lets talk about that QT and or World-Wide "Tight-Money" "Tight-Liquidity"
Gonna be most interesting. If there is anyone who has pricing power than Apple. So it would be surprising if they would not bring somewhat „good“ earnings.
Is The Goose Ready to Eat? 8/4/22
in The Daily Stool - Stock Market Message Board
Posted
It never stopped......and it never will......