DrStool Posted November 3, 2023 Author Report Share Posted November 3, 2023 I don't think this is going to age well. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 3, 2023 Report Share Posted November 3, 2023 36 minutes ago, DrStool said: Typical bear market rally. It'll take until Thursday for all the shortz to be squeezed out, then LTFO. The Texas Ranger Rally ⚾ ..... 50 + years and finally a Championship (World Series) US Baseball Record for futiliy....to a degree..... Link to comment Share on other sites More sharing options...
WTF Posted November 3, 2023 Report Share Posted November 3, 2023 Same old, same old... the crooks on Wall (with the help of the talking heads) telling the same tired rosy stories... "the fed is done, the bottom is in, soft landing, this time it's different, ect... always ending with "must purchase stocks (at any gross over-valuation) or get left behind"... sad that the sheeple keep falling for it but, it is what it is... When the retail investors refuse to buy, regardless of how undervalued the markets... the bottom will finally be in... Link to comment Share on other sites More sharing options...
SiP Posted November 3, 2023 Report Share Posted November 3, 2023 the bottom is in, buy stocks and bonds Link to comment Share on other sites More sharing options...
fxfox Posted November 3, 2023 Report Share Posted November 3, 2023 Moeller Mersk and Hapag Lloyd charts say global recession Link to comment Share on other sites More sharing options...
WTF Posted November 3, 2023 Report Share Posted November 3, 2023 11.17.23 could be interesting... Link to comment Share on other sites More sharing options...
TurdButter Posted November 3, 2023 Report Share Posted November 3, 2023 2 hours ago, DrStool said: I don't think this is going to age well. What? Your prior comment or the rally itself? Link to comment Share on other sites More sharing options...
SiP Posted November 4, 2023 Report Share Posted November 4, 2023 S&P 500 CLIMBS 5.9% FOR WEEK, BEST SINCE NOVEMBER 2022 Link to comment Share on other sites More sharing options...
SiP Posted November 4, 2023 Report Share Posted November 4, 2023 11 hours ago, fxfox said: Moeller Mersk and Hapag Lloyd charts say global recession in my opinion, you are confusing the recession with the building of excess capacity. there are far too many containers, just as there are far too many logistics companies. This is regularly written about by a couple of people I follow. It is simply the result of lockdowns. It is not the fault of lack of demand. Link to comment Share on other sites More sharing options...
DrStool Posted November 4, 2023 Author Report Share Posted November 4, 2023 12 hours ago, TurdButter said: What? Your prior comment or the rally itself? Yes Link to comment Share on other sites More sharing options...
fxfox Posted November 4, 2023 Report Share Posted November 4, 2023 3 hours ago, SiP said: in my opinion, you are confusing the recession with the building of excess capacity. there are far too many containers, just as there are far too many logistics companies. This is regularly written about by a couple of people I follow. It is simply the result of lockdowns. It is not the fault of lack of demand. I think it is a mix of both overcapacity and lack of demand. The Baltic Dry Index didnt just go down. It collapsed. Link to comment Share on other sites More sharing options...
fxfox Posted November 4, 2023 Report Share Posted November 4, 2023 1 hour ago, DrStool said: Yes Quite tricky now. It does not feel like just another short squeeze without follow thru. Quite some issues did test the 200 or other important technical stuff from above and then bombed higher from that level. The October candle could very well have been a bear trap. Just a guess: The January 2024 candle will be a bull trap. Link to comment Share on other sites More sharing options...
SiP Posted November 5, 2023 Report Share Posted November 5, 2023 good read Europe’s Great Housing Crisis Is Only Getting Started https://ca.finance.yahoo.com/news/europe-great-housing-crisis-only-050021151.html Link to comment Share on other sites More sharing options...
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