Jealous much? #1 market timer... for a reason. VAN NAILED IT TO THE DAY! EDIT: I see you deleted your post. Egg in your face son. When you can read the bigger picture price action like that... call me.
Hey Stoney... For real... maybe go to Investopedia and cut and paste the definition of Fibonacci numbers, like you did with RSI and VWAP. Then tell us when to use it. Pretenders and contenders. There's no money in the Ivory Tower bro. You'll never succeed gathering your thoughts from other's works... without the ability to think critically. You already owe me bigtime for this simple but timeless insight. I've saved you $1000's of dollars already. You're coming along nicely. The more you listen, the more you learn.
Van you are a victim of your own fears. Three times in three weeks you have called for a pullback and now nobody listens. It is the Boy who cried Yullia syndrome. It's OK this is why you have me to save your ass. I have showed you the numbers, I have showed you your own words. if you want to go back to your fake arrows and changed times and fakery I can expose all of that a second time.. the readers are weary, they just want you for once to get it right. I would suggest you ask me before making market predictions.
A Holiday Message From Your PM- Inflation expectations hit lowest level in more than two years The war has been won. Now what? The latest consumer sentiment survey from the University of Michigan revealed consumers expect inflation to sit at 3.1% in a year, a noted decrease from last month's expectation of 4.5%. December's reading is the lowest since March 2021 and is slightly above the 2.3% to 3.0% range seen in the two years before the pandemic. Expectations for long-run inflation fell to 2.8%, down from November's 3.2%, which was the highest reading since 2011. Inside the Fed this manna to their ears. Expectations are everything, the actual inflation not important. How does the big bad wolf scare us one more time in order to keep markets in check. Will the big bad wolf do just that-scare us... These Hands have molded a perfect soft landing. Take credit bro! Just as President Biden should. A couple months ago inflation was the big complaint of Republicans, everyhing would be based off that-- scare folks about inflation and blame Joe for gas prices. Lets put stickers on gas tanks blaming Joe... Now each sticker has been peeled off mournfully by Trump lovers. What will they complain about now. Hear this out loud The Federal Reserve's 2022 consumer finance survey unveils a striking picture of American prosperity, revealing that the mean net worth of the average household has ascended to$1.06 million, a 23% from $868,000 in 2019. This statistic, while impressive, masks a more nuanced and unequal economic landscape. I was quite taken aback by this. How the hell can Trump win when inflation has been defeated, and the average voter is sitting on $1 mil. We have won the war. Victory is ours. Long Live the investors of America. ~stonedinvestor
Rockstar Games recently announced a deal with Netflix (NFLX), which will bring Grand Theft Auto: The Trilogy – The Definitive Editionto thes treaming giant's gaming platform on December 14. The game includes Grand Theft Auto III, Grand Theft Auto: Vice City, andGrand Theft Auto: San Andreas and will be available to Netflix members on the App Store, Google Play, and in the Netflix mobile app. Nice move!
The Cboe Volatility Index will “generally trade higher in 2024 than in 2023, and the extent of the increase depends on the timing and severity of an eventual recession” and potential wider swings that could curb selling of short-term volatility, the bank’s Americas equity derivatives strategists, led by Bram Kaplan, wrote in a note Friday. Stock markets will suffer in the first quarter of 2024 as a rally in bonds would signal sputtering economic growth, according to Bank of America Corp.’s Michael Hartnett. The narrative of “lower yields = higher stocks” would flip to “lower yields = lower stocks,” Hartnett wrote. --> This is an interesting point. And we could flip it and then say bond yileds going up as they did Friday are now good for stocks-! David Bailin, Citi Global Wealth’s chief investment officer and head of investments, says stocks are ripe for further gains in 2024 as inflation trends lower, the economy remains resilient and earnings rebound — increasing the opportunity cost for investors still sitting on the sidelines, clinging to their cash. “I’m not sure what investors are waiting for,” he said. “The US economy is going to stay strong and, eventually, money-market rates are going to come down, so why are people not buying core 60/40 portfolios?” --> Another interesting point. I have always maintained 100% stocks was the way to go. I have never ever owned Bonds. Just this past week a big study was done and guess what-- a 100% stock portfolio out preformed 60/40 by a wide margin. The final tally was $1 mil something for all stock and $700,000 something for the traditional mix. This report has been passed around and in the past the investment being burried usually does pretty well... and that would be these bonds.
Honeywell is an interesting play now-- they are doing alot of work on the flying cars without any fanfare. Honeywell International Inc. agreed to acquire the security business of Carrier Global Corp. for an enterprise value of about $5 billion, which marks the biggest deal since 2015 for the maker of jet engines and gas detectors.
4,888 -? The S&P 500 rose 0.2% this week, marking its sixth-straight weekly increase, the longest such winning streak in about four years. The index stands at its highest closing level since March 2022. "There is some optimism priced in on earnings and the economy and the Fed, so that has taken us to this level,” said Scott Wren, senior global market strategist at the Wells Fargo Investment Institute (WFII). With the S&P 500 near the top of its trading range, "we think there is a lot more potential for downside than upside." The WFII has a 2024 price target for the S&P 500 of about 4,700, or about 2% above current levels. Have I been too negative? These guys are right with my thinking...