The Dow made its high of the day at about 11:50 Any moment now Rick is going to turn up and open a ri$$k free trade so stay tuned.
His last post was on Thursday when the market went up. Friday was a down day so Rick vanished. Nothing new.
This was making the rounds today. #COF #ALLY Not related: China's COVID outbreak was a military operation agreed upon by the Chinese govt (with Western nations) to prevent a reopening that could've reignited inflationary forces. This will probably be mentioned later this decade.
Santa Claus rally is the last five trading session of the year right? So the rally already started on Friday and continuing now: SIFs up overnight. BUY BUY BUY !!!!! Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!
I posted this on August 10th, 5 months ago, with emphasis on what I underlined : Since then the usual crew on here has been saying Inflation isn't really dropping and markets are going to crash very soon. The SPX is actually up a touch since June. The media is no longer unanimous some of the analysts are breaking from the pack and joining my outlook on 2023, that the negative narrative is way overdone. Economic numbers continue to easily outpace what many people were expecting. Granted, we may chop around a lot first half of 2023 but once the market figures out the dismal forecasts aren't going to happen it isn't going to warn traders to get on board. And yet we still have clowns like Calhoun talking about breaching Covid lows based on some wacky gut feeling he has.