SiP Posted January 6 Report Share Posted January 6 I would say that strong NFP is negative for stocks ("higher for longer") and bonds but I guess its something else in play. Same for dollar (strong data). The only explanation is lower inflation in wages. So its like soft landing play. Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 The explanation is that there were too many big players with too large short positions. They weren't prepared for a reversal of the narrative to goldilocks strong jobs growth low inflation. Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 My god, they're even buying bonds. Nightmare on Rue Philibert. Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 5 day cycle projection 3885-3895. In other words, right back to the top of the range. Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 There's also a lot of rebuying. Stuff that got sold for tax losses and were the weakest in Q4, are rallying the most. Garbage time. Link to comment Share on other sites More sharing options...
Jimbo Posted January 6 Report Share Posted January 6 2022.........THE YEAR THE FEDIVERSE WENT AWAY Yes ....the Fediverse (TM) went away in 2022. Too much reality has stunned the bond and stock investors. They seek greedily for another blue pill....... Metaverse anyone??????? Can't wait for the sequel "Return of the Fediverse" Director...Printer Jay Producer....Pivot Pictures. Link to comment Share on other sites More sharing options...
SiP Posted January 6 Report Share Posted January 6 I guess this is also in play Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 If you know anything about candlestick charting, the current hourly candle is a Yahrzeit. Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 Really seems like the stuff that gotten beaten to crap the last few days of tax selling is the garbage that floated up to the surface fastest. Bloated dead bodies filled with noxious gases float. Link to comment Share on other sites More sharing options...
Jimi Posted January 6 Report Share Posted January 6 11 minutes ago, DrStool said: If you know anything about candlestick charting, the current hourly candle is a Yahrzeit. Had to google it. Always learning. Link to comment Share on other sites More sharing options...
Jimi Posted January 6 Report Share Posted January 6 Just now, Jimi said: Had to google it. Always learning. I remember this book on my mom's shelf - she studied linguistics. Link to comment Share on other sites More sharing options...
SiP Posted January 6 Report Share Posted January 6 Too much bearishness Link to comment Share on other sites More sharing options...
DrStool Posted January 6 Author Report Share Posted January 6 32 minutes ago, DrStool said: If you know anything about candlestick charting, the current hourly candle is a Yahrzeit. But we don't yet know who is dead. Link to comment Share on other sites More sharing options...
Jimi Posted January 6 Report Share Posted January 6 4 minutes ago, SiP said: Too much bearishness Eventually, Death takes the hypochondriac.... Link to comment Share on other sites More sharing options...
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