Fed's Mester still expects 3 rate cuts in 2024 after new inflation reading... all well and good but what is the market expecting? 4?
Cava is up 40% this year, more growth expected: CEO .Maybe I was a little quick dismissing these guys but I really don't see anyone in NY eating at CAVA. But impressive return. Ted let me take another look at their numbers. and store openings.
This is going to surprise you guys but I am holding to my lowest on the street S&P number. Why? No good reason I assure you. If I go off earn I can paint a picture up like everyone else but taking the opposite view of everyone else which often works but not in manias<--- I look at the S&P and say well where will it go to in a big sell off. Dec 21 2021<---- That high is 4,786 ///////////////// Give up 3 years of gains? Well Gov shut down? Trump what if he gets in. He'll put a panzy/carzy in the Fed and we will crash. Putin what if he launches nukes? I know nothing solid but if something went down 4,888 is not that crazy. I'm sure I am not winning first place this year but lets just let the original target ride. 4,888.
I don't know if it's these little white pills or what. But I am so thankful for this recent run- we really should just turn our books in. That comes from someone who has already sold a bunch of stocks he shouldn't have so I have to be careful I'm not trying to justify that.
This is so fishy. CA has a special carve out for those places that bake bread and sell as a stand alone item.. oh and that huge payment to Gavin Newsom that didn't play a roll<-------
Soooo, we keep calling for a pullback? You're batting zero so far. Eventually it'll happen. And you can quote your latest post, and claim "I'm the best market timer in the world."