50% return today. Maybe a good time to short this roller coaster stick.Had GMVD for a bit. Would bull ride it a bit. Lost interest and see I missed to huge bounce I thought was coming.
50% return today. Maybe a good time to short this roller coaster stick.Had GMVD for a bit. Would bull ride it a bit. Lost interest and see I missed to huge bounce I thought was coming.
I'm pretty sure it's gonna take a long time to recover from today. Hopefully the entire market crashes for a fire sale.
Dow down 1.5% today? We've seen that before quite a lot. Why do you think it will take a long time to recover?
I can see a bear the rest of the winter or until Omicron burns out.
Because my luck sucks! I just have a bearish feeling. Hopefully I'm wrong.Dow down 1.5% today? We've seen that before quite a lot. Why do you think it will take a long time to recover?
Most have, the market has been a mess since mid November. Not good.I have sucked at this for three months.
It's a multitude of things coming together in my opinion:I think the inflation scare is more of the problem than Covid right now. I don’t think Covid is scaring people right now like it did early on. People are still going out and doing things, even here in the northeast. With December inflation month over month, or more normal, we may be getting over that hump now too, especially as production ticks up and supply chains get to pre Covid levels.
I think the inflation scare is more of the problem than Covid right now. I don’t think Covid is scaring people right now like it did early on. People are still going out and doing things, even here in the northeast. With December inflation month over month, or more normal, we may be getting over that hump now too, especially as production ticks up and supply chains get to pre Covid levels.
The Fed is going to have to raise rates 3-5 times this year to tame the inflation beast.
JPow just started his second term -- time to raise the Jolly Roger.
Could lead to a (gentle, albeit, I hope) double-dip recession depending on how it goes.
This stuff takes time, though. We're far from out of the woods. Some of the economic disruptions associated with the Great War in the 1910s were contributing factors to the Great Depression in the 1930s.
It could always be worse (without those stops)Ouch. Saw about 10 emails come in at 9am this morning which meant a handful of stop losses executed. Is it happy hour yet?
We’re not going anywhere good while 2500+ Americans are dying every day for weeks long cycles.