MisFit Kid Posted March 3, 2023 Report Share Posted March 3, 2023 Another Pleasant Valley Friday....... Here in status symbol land Mothers complain about how hard life is And the kids just don't understand (Charcoal is burning everywhere, too) AKA: (the miracle of Flo-Bot Friday) Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2023 Author Report Share Posted March 3, 2023 Goose Oven Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2023 Author Report Share Posted March 3, 2023 They have an hour and 14 minutes to get this back under 4027, otherwise the implications of the breakout will stand. Link to comment Share on other sites More sharing options...
DrStool Posted March 3, 2023 Author Report Share Posted March 3, 2023 And that implication would be 4125-30 Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 3, 2023 Report Share Posted March 3, 2023 Looking back at the charts.... The same thing magically occured just last month......(at the start of the month) Feb 1st and 2nd (SPX 4200) Link to comment Share on other sites More sharing options...
Jorma Posted March 3, 2023 Report Share Posted March 3, 2023 One hell of an island top on TNX today. At least for today the market is saying, sorry Fed, you ain't raising rates until the Treasury increases the supply of paper. That's how it feels to me. As long as the music is playing they are going to dance Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 3, 2023 Report Share Posted March 3, 2023 8 minutes ago, Jorma said: One hell of an island top on TNX today. At least for today the market is saying, sorry Fed, you ain't raising rates until the Treasury increases the supply of paper. That's how it feels to me. As long as the music is playing they are going to dance The Elaine Benes Market........🤪 Link to comment Share on other sites More sharing options...
MisFit Kid Posted March 3, 2023 Report Share Posted March 3, 2023 EOD EOW High....that easy, again..... Link to comment Share on other sites More sharing options...
WTF Posted March 3, 2023 Report Share Posted March 3, 2023 VIX down over 5.6% today to 18.49... perfect... added to my long position. Link to comment Share on other sites More sharing options...
potatohead Posted March 4, 2023 Report Share Posted March 4, 2023 Lee, You accurately pointed out the intergovernmental accounting paydowns. The reason is now clear. entitlements are becoming a massive outflow. Link to comment Share on other sites More sharing options...
potatohead Posted March 4, 2023 Report Share Posted March 4, 2023 or the longer term picture Link to comment Share on other sites More sharing options...
aussiebear Posted March 5, 2023 Report Share Posted March 5, 2023 The man dubbed "Dr Doom", US-based economist Nouriel Roubini, is warning that the world is facing a "perfect storm" of high inflation, rising interest rates and recession that will be "the worst of all worlds for workers". Employees in Australia may already feel some appreciation for Dr Roubini's argument. https://www.abc.net.au/news/2023-03-03/nouriel-roubini-warns-of-stagflation-crisis/102045718?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web Link to comment Share on other sites More sharing options...
Jorma Posted March 5, 2023 Report Share Posted March 5, 2023 I've found a dream job I think. Press secretary of the Treasury. Nobody has called with a question since 1999. Great for all the naps I need. Link to comment Share on other sites More sharing options...
SiP Posted March 5, 2023 Report Share Posted March 5, 2023 I don't read Robini. He is permabear and keep talking about end of the world all the time. Link to comment Share on other sites More sharing options...
SiP Posted March 5, 2023 Report Share Posted March 5, 2023 Some good traders just started betting on sell off, but technicals dont look so ugly. SPX, gold, NDX etc all saved important levels and bouced. And dont get me started on Europe like Italian FTSE, French CAC or German Dax. All of them don't look bearish to me. So I think it get to the point - trade what you see, not what you hear in the media (recession all over the world). SPX need to close below 3900 to invalidate the bull scenario. Link to comment Share on other sites More sharing options...
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