User Panel
Posted: 10/13/2022 9:04:15 PM EST
The Dow was up 2.8% today, and the SP500 was up 2.6%, after opening in negative territory. Nice gains, considering recent history. What does this mean? Is it just a dead cat bounce? The fundamentals haven't changed - inflation is still hot, the Fed is going to raise rates for the forseeable future, the invasion of Ukraine by the Soviets has not abated, Brandon is still Chairman and still has dementia, and Europe is going to freeze this winter.
I'd like to know who bought the market today, and why. Bottom fishers? Hedge funds? Fools and their money? I have said several times in GD that money hates to sit idle. It doesn't like to get 1%-2% per year, when it's used to 8%-10% or more. All those automatic payroll deductions into 401k plans are losing no matter where it goes - either to stock market losses, bond NAV losses, or inflation in cash. Money will sit idle for a while in cash on the sidelines, but its patience has limitations. Have we reached the point where money just wants to go somewhere - anywhere - where there's a chance to at least keep up with Bidenflation? Is this just desperation we're seeing? Or a real market turnaround? Inquiring minds want to know! |
|
Cash is king right now. Give it a little while yet. We’re going to see deals everywhere.
|
|
|
|
|
|
|
I buy the dips regardless. The dips have become predictable when ever the FED releases a statement or provides data.
I think today was a result of a lot of people selling puts and short covering. Nothing more than that. |
|
Up 2% today and down 4 tomorrow. Rinse and repeat with Potato.
|
|
|
|
Gold, silver, and their modern equivalents never saved anybody.
|
|
|
|
|
Quoted: This. Sit tight, the inflation numbers are still high and the Fed will manage to keep things lively for a bit longer. View Quote Sitting tight is losing me 10%+++ per year. Like that old cartoon showing vultures sitting on a tree branch, one of them says, "Patience my ass. I'm gonna kill something." |
|
We are sitting on the 200WMA for the S&P 500 -- this isn't exactly the best place to be bearish.
All these posts are pretty much a bottom signal |
|
Quoted: The Dow was up 2.8% today, and the SP500 was up 2.6%, after opening in negative territory. Nice gains, considering recent history. What does this mean? Is it just a dead cat bounce? The fundamentals haven't changed - inflation is still hot, the Fed is going to raise rates for the forseeable future, the invasion of Ukraine by the Soviets has not abated, Brandon is still Chairman and still has dementia, and Europe is going to freeze this winter. I'd like to know who bought the market today, and why. Bottom fishers? Hedge funds? Fools and their money? I have said several times in GD that money hates to sit idle. It doesn't like to get 1%-2% per year, when it's used to 8%-10% or more. All those automatic payroll deductions into 401k plans are losing no matter where it goes - either to stock market losses, bond NAV losses, or inflation in cash. Money will sit idle for a while in cash on the sidelines, but its patience has limitations. Have we reached the point where money just wants to go somewhere - anywhere - where there's a chance to at least keep up with Bidenflation? Is this just desperation we're seeing? Or a real market turnaround? Inquiring minds want to know! View Quote Short sellers need to BUY to make money. That's who! |
|
|
I don't know when the bottom will be but I do know that BY DEFINITION the majority of people will be wrong about it.
|
|
|
Quoted: So, who was buying today, and why? View Quote Algorithms, pro traders that see a clean sweep of the June lows and a reclaim and know that it's a bullish divergence. Historically, we get bounces and reversals on the 200WMA. Does this guarantee anything? No way....but I'd much rather be a buyer here than a seller, even if there is another leg down. |
|
|
Producers and Merchants finally have pricing power after losing two years to the wuflu. Record profits are being reached. Why wouldn’t an investor buy every dip here?
Maybe not anything related to real estate but most other equities and products have pricing power. even the poors have to buy commodities. |
|
will do this for some period of time. fluctuations up and down, short term big players making moves. is typical of uncertainty. no normal person will be able to discern a useful pattern. big players making tiny amounts per item traded on single transactions in huge trades, back and forth, short and long. you need to be on the floor or on a super high speed direct to floor connection and be using ultra fast computers.
|
|
|
CD right now can get 4ish. Won’t keep up with inflation but might take a bite out.
|
|
|
Quoted: 50% of everyone are below average. It might be 75% with GD. View Quote View All Quotes View All Quotes Quoted: Quoted: I don't know when the bottom will be but I do know that BY DEFINITION the majority of people will be wrong about it. 50% of everyone are below average. It might be 75% with GD. Your confusing median and mean. |
|
Quoted: Algorithms, pro traders that see a clean sweep of the June lows and a reclaim and know that it's a bullish divergence. Historically, we get bounces and reversals on the 200WMA. Does this guarantee anything? No way....but I'd much rather be a buyer here than a seller, even if there is another leg down. View Quote View All Quotes View All Quotes Quoted: Quoted: So, who was buying today, and why? Algorithms, pro traders that see a clean sweep of the June lows and a reclaim and know that it's a bullish divergence. Historically, we get bounces and reversals on the 200WMA. Does this guarantee anything? No way....but I'd much rather be a buyer here than a seller, even if there is another leg down. Enjoy those dips. Pain hasn’t started yet. |
|
|
|
|
|
|
|
|
|
Quoted: We will see how this ages. Could be wrong, but history since the 50’s says this is a good spot to buy. View Quote View All Quotes View All Quotes Quoted: Quoted: Enjoy those dips. Pain hasn’t started yet. We will see how this ages. Could be wrong, but history since the 50’s says this is a good spot to buy. 2023 is the 50th Anniv. of the petro-dollar. History says fiat currencies last only 50 years and Saudi Arabia already reneged on the petro-dollar agreement by accepting yuan. Interpret that as the basis for the petro-dollar is gone. Federal Reserve Note (Dollar) is still the fastest horse in the glue factory (BoJ can't sell Yen Bonds b/c no one showed up for the auction and BoE says it won't buy bonds anymore). I expect a flight to the dollar as foreigners seek the safety of the world's reserve currency. Dollar will buoy up from it. Then brrrrrrrrrr! finishes it. They want to replace the federal reserve note with CBDC (credit and the company store). |
|
Quoted: 2023 is the 50th Anniv. of the petro-dollar. History says fiat currencies last only 50 years and Saudi Arabia already reneged on the petro-dollar agreement by accepting yuan. Interpret that as the basis for the petro-dollar is gone. Federal Reserve Note (Dollar) is still the fastest horse in the glue factory (BoJ can't sell Yen Bonds b/c no one showed up for the auction and BoE says it won't buy bonds anymore). I expect a flight to the dollar as foreigners seek the safety of the world's reserve currency. Dollar will buoy up from it. Then brrrrrrrrrr! finishes it. They want to replace the federal reserve note with CBDC (credit and the company store). View Quote |
|
|
|
Sign up for the ARFCOM weekly newsletter and be entered to win a free ARFCOM membership. One new winner* is announced every week!
You will receive an email every Friday morning featuring the latest chatter from the hottest topics, breaking news surrounding legislation, as well as exclusive deals only available to ARFCOM email subscribers.
AR15.COM is the world's largest firearm community and is a gathering place for firearm enthusiasts of all types.
From hunters and military members, to competition shooters and general firearm enthusiasts, we welcome anyone who values and respects the way of the firearm.
Subscribe to our monthly Newsletter to receive firearm news, product discounts from your favorite Industry Partners, and more.
Copyright © 1996-2024 AR15.COM LLC. All Rights Reserved.
Any use of this content without express written consent is prohibited.
AR15.Com reserves the right to overwrite or replace any affiliate, commercial, or monetizable links, posted by users, with our own.