Hey, your FRGE looks like it wants to take out $50, are you gonna play a few shares? I tried once, the spread is frustrating.
I'm in the back using my wife's computer curled into a little ball of fear. My Dog's anal glands have me worried and a worried investor is a scared investor. I am having a bad vibe day. RH my lawd it's taking down entire sectors. Van the cat is out of the bag and the dude that opened the bag if freakin' RH of all people. I thought RH was for wealthy people? Well this CEO sees softening demand and his words are being passed around trading desks. Oh no. This is not good. I have been waiting for this moment.. we got another big clue today... driving trends DOWN big suddenly the high price of gas is taking a big bite out of economic activity... Have you got gas lately? Notice how it really doesn't come down. The reality has set in. SLOWDOWN . HOW HAS THIS HAPPENED AGAIN. I developed a stock-screen yesterday... I think it is really relevant you want to get in names after they have warned.
Canary in coal mine day... we have the driving (lack of) we have RH high end consumers slowing down-- that means mortgage rates have already taken a big bight out of frivolous spending (my wife's specialty).. Goldman is saying earnings do not look good from here... Oh man everything has flipped.
I manage to get out at $386 yesterday as well, I am thinking to get back in but I am not sure yet I will see how it develop.