Historical analysis of that statement, combined with the FA of the economy, shows that statement to be misguided. You think we have hit a 3 month market top yesterday/today?
No, but you came on with some stupid, stupid bs about understanding "the broader markets". As I said, possibly the dumbest thing you've ever posted. Stocks are easy. The "broader markets" take street smarts.
I didn't piss on you. And btw, wasn't it you that was calling for new all time highs in the weed stocks when CGC was north of $50? It was. And who told you they were heading down in a big way? Me. Case closed.
No, I said when weed is legalized at the federal level. I have always maintained that stance. Weed stocks will suck until banks can legally process the funds from weed companies. Pfffh. Sorry for the distraction. Go back to your individual stock-storming sessions with Stoney. I enjoy the back-and-forth between you two.
And we'll use a 3 month time-frame. For no other reason than to eliminate the noise in between. Although I think I nailed the top. That run-up yesterday was a classic "blow-off top". I mean it doesn't get any better. But we shall see. I was right about FDX though wasn't I? And the world hated it. Go figure.
With yet another source of energy offline, European natural gas for January delivery continues its relentless march higher; prices now reaching $44 / mmbtu, Europeans will pay 900% more for natural gas in January 2022 than January 2021. In the US, where natural gas prices have risen almost 50% year over year, consumers are paying less than $4 / mmbtu Europe is Fucked. Look To Sports- A year ago when things got dicey or was that two years ago? We first saw the problems arise in Sports. The NBA that's what told us this was serious. Now we look to sports to show us how to manage this Omicrom. Ironically what we have to do is LESS quarantine. We can't have every person who sat next to someone infected take a bunch of days off. As the NFL comes towards the end of their season they will be pulling out all the stops to keep the games going. They will test more, mask more and quarantine LESS<--- This is what America as a whole must do. So now in the NFL they just changed a rule if you test positive you no longer need two negative test to play but one<--- It's these kinds of "loosenings " that we have to do not tightenings. We have lost focus-> The variant itself is not that bad! We are all going to get it. And as long as they don't come back later and say surprise you all have tails, we are going to be alright. It is in the sheer numbers of people clogging up the health care system and the large number staying away from work- that's where the danger lays. So if you feel sick stay home. But the rest of the office should go in. All these companies allowing wrk from home- they are not helping. I would not get all excited about the stock market until the NFL cancels games- if they carry their season through to the superbowl so will the bull carry this market.
France shuts down nuclear plants - gas and power prices shatter records During routine maintenance, Electricite de France(OTCPK:ECIFF)("EDF") found pipe defects on the safety injection systems for two nuclear facilities; both are shut down awaiting repair. Two additional reactors, using the same technology, will be shut down briefly later this month for inspection. French month ahead electricity prices for January have risen to ~$620 / mwh on the back of the EDF news, compared to average power prices in the US at ~$100 / mwh.
Hey, there's no beef on my part... ....but next time think twice before you say something off the wall stupid in describing me with... "Broader market, Nah". You have no friggin clue what I know. Talk sh*t, and you'll drawl my ire. Simple as that. So let it go. Post a Youtube.