$1.40m? Try over $40 million!!! He outed his account by revealing what % was made. Quickly deleted it.
I have had 3 gummies tonight. None of this is making sense. Are you saying don't hold any stocks for next year? I'd have to sell off millions of dollars worth. The taxes would be deadly. I don't think you would be good Financial Advisor. Put everything in one option trade? Don't buy any stock for a whole year? How am I going to generate enough cash for Mrs Stoney's shopping? JAN UP OR DOWN?
He better be careful SEC is hunting down these BS stock manipulators who front run and cash out. They are going to jail. Same old game.
Everyone says the same thing-- Bad Year coming -- that's all I hear anywhere. What have I taught you all about contrarian thinking? We can be sure there will be no PE expansion right? So we are pretty much for sure going to have a flat year. The close next year will be very close to the close this year. But what happens in between? The market just sleeps? Hardly. Lets Go back to Our original thesis... Inflation drops fast & hard. to about 4% <----- That has not happened yet. That is still a celebration in the making. Jobs market turn down. That has not happened yet, and disgusting as it sounds That is still a market celebration in the making. Earnings Remain Surprisingly Resilient for one more reporting period. Will that happen? My bet is yes.
Who cares about January?! We're going lower. If you think January will be an up month and you have good timing, go for it. But 2023 is gonna be a bad year I'm afraid. You're worried about one month out of 11? Rookie mindset Stoney. What happens if we drop to 3400 in February? You've already proven you can't read a chart very well. 3400 is a very realistic possibility. Like I said, I can see many reasons for this market to tank, but the only one I can see for it to go up is an algo driven short-squeeze. When the dust settles, the trend is still down. If you want to go long stocks, I suggest you do so by selling the front month puts, and keep selling them until you get assigned. And hope you're right about the stock when you do get assigned. Just like I spelled out on GNRC. Don't buy it at $92, sell the February $80 puts for $4. If it drops, you're in a decent stock at $76. Trade accordingly Stoney. You've been forewarned.
Stoney, god love ya.... but you have the street wisdom of a... you. You're not in touch with what's really going on. Just swallow that unmerited ego of yours... and hear what I say. 2023 is gonna be a bad year. I don't care if we hit 4100 in 10 days. 2023 is gonna set lower lows than 2022.
Well thankfully, and luckily for you, GVZ made certain my aspirations were set much higher than settling for a career like this. I did not say that. Nor did I say that. There's stocks that go green everyday. I said 2023 will set lower lows than 2022. Send her to therapy to help her figure out why she's like this.
It's looking pretty good/ I handed that prediction in a little late (because of you) and I indicated a Jan rally so MarketWatch actually put me down for Next year's target. 2023. So it looks tight. I think we will hit in in Jan.