If inflation comes in lower than estimated, expect a massive rally. If it comes in very high, obviously a selloff, but should recover next week from China reopening anticipation. If it comes in a little higher than estimated, it might sell off initially but then rally to close green in anticipation of China's reopening and markets accepting Feds raising rates and assessing later this summer. Trend appears to be up, despite the volatility.
Also, if the UN gets Russia to agree to allow Ukrainian food exports in return for allowing Russian and Belarusian potash and fertilizer exports, expect the market to rally too. Wheat needs to be exported soon or it'll go bad in a few months at most.
If inflation starts going lower throughout summer, this very well could be the lows this year.
I love the perma bears here. The reason the market will keep ripping is there's a lot of longs on the side line, not having a clue the bottom is in, and even more shorts who keep shorting. They'll FOMO panic buy and cover at huge losses for weeks, undoing any profit they may have had since the downturn started.
Remember, the market is forward looking. If inflation is the same, or going up with each report, then yeah I'd be worried. But inflation has gone down 2 months in a row, signaling smart people to cover (like me), and go long (like me), or for sideline longs to jump back in.
The WORST thing you as a long is sell out from fear, not buy lower to gain more shares, waiting for the share prices to go ABOVE where you sold, then and only then, FOMO buy for LESS shares. And then... panic sell when the market goes down a little. Great way to lose money.
Lunch time is over, rally continues. That's bullish. Plus, with China reopening, and Feds doing only 2 rates increases and pausing, this is good news because it lowers inflation, but allows the market a breather to come to realization we've oversold. New stronger hands in, weak hands out. Once Putin is taken out, market will rally even harder.
Panic buying and covering for the next few weeks as China reopens and inflation starts trending down. Minimum Nasdaq 13K and S&P 4.4K. And if inflation continues to die down over time to 2% as some expects it to by mid 2023, we could very well have seen the lows of the year as stocks recover back to the all time highs again.
OK, sold out of my long positions. Anyone wanna bet tomorrow we see red? In this volatility, always lock profits when you get it. Anyone wonder if $NVDA will miss after hours with a significant revenue stream coming from China, and with China locked down for the past 2 months? Any major misses or warnings like from $SNAP will cause the market to tank again. Lock profit, bull or bear, when you get it. It's the only way to play this volatility game. Closed my $TQQQ and $UPRO, and went into farm/fertilizer-related stocks like $ICL, $IPI, $WEAT etc. because we KNOW Putin isn't stopping anytime soon, and China's zero COVID policy will continue to lock down hundreds of millions of people for the foreseeable future even after Shanghai slowly reopens next month. Will wait for another -3% day to close new short positions and go long again.
My calls are printing YUUUGGGEEE. How are your puts doing guys? Since I'm nice, I'll take the time to explain one last time to people who REFUSE to understand or don't care to understand, or just flat out don't comprehend the market. The market sold off from inflation and fear of Feds raising rates, leading to a recession. Now that inflation has been shown for 2 months now to have gone down (i.e. meaning peak inflation is behind us), the market doesn't care that the Feds will still raise rates a few more times. That's GOOD, so it kills inflation even more. With inflation dying down, despite Russia's war to wipe Ukraine off the map, and with the market already sold off epicly the past 6 months, it's now reversing and rebounding. Except, this isn't a dead cat bounce because inflation, the root cause of all this mess, is trending down. Some economists think it'll be around 2-3% by mid 2023. If so, the Feds won't need to raise rates anymore, and the market will eventually head back up to the all time highs. In other words, NOW is the time to buy, near the bottom.
The longer you wait holding your puts, the longer you lose money. The longer you wait on the side lines not buying back or not buying, the longer you miss out. Everyone dreams of catching the bottom, but in order to catch the bottom, you have to be long! LMAO!
There's a reason I woke up early, bought all long positions in premarket immediately after inflation numbers came out, and then at market open, closed all my covered calls at any cost, sold some stocks and then bought more calls.
Have a great weekend y'all. I know I will. I tried to help, but only you can help yourselves. You can drag a cow to the water, but you can't make it drink to save its life. The rally has only just begun. 52 week highs again by early next year at the latest if inflation heads to 2% by then. I'm tired of explaining so I won't anymore.
Close all shorts boys and girls. This is the real deal. Big bounce to 13K+ on the Nasdaq and 4.4K on the S&P. It attempted a few times but bad news kept killing the rallies. This time, it seems legit with China lockdowns easing and China mass videoconference suggesting they do care about their economy. YUUUGGGEE rally has only just begun.
If you're new to the stock market, welcome! The sooner you learn the market cycle, the sooner you'll accept the emotional roller coaster you'll be going on. Contrary to recent popular euphoric myth, pandemics, recessions and depressions of -60% to -90% or more drops in the stock market are not strange anomalies restricted to the past only.
OK OK, the S&P broke support today. It started off good, but I think Dr. Fauci's testimony about reopening too early causing more death and destruction spooked the market. Sold all longs a few mins ago and went to $TVIX and some $SQQQ. After all, the market only went up on hope/hype of a reopening.
If you were smart, you would have moved 401K out for any trapped bag holders and sold your long positions. Next week the real blood bath begins. Manipulator always try to keep the market in a controlled free fall by pushing it up on Fridays so the weekly numbers look good and so they can short for the following week.
Looks like everyone's selling on the rallies. Remember to SELL THE RIPS! Don't baghold the DIPS! Full economic collapse is coming and the Feds know this. Next up: -50% GDP, -40% unemployment and the Feds will send everyone a check for the next 2 years to "sustain the economic bubble".
The very act of desperation today means we get multiple limit downs. I wouldn't be surprised if we see -25% today.
Feb 28 (~2 weeks ago) to Mar 14. Cases and Death increases, in just 2 weeks. Imagine what the next 2-4 weeks will be like. This virus will continue for the next 4 months through July like the 1918 and 2009 pandemic flu. Hot countries like Brazil proves the virus continues to spread so long as the people allow it to. Get out while you can my friends. If you had listened, you could have gotten out weeks ago and saved yourself a bunch of money on your 401K and made a shizit ton shorting like me. The market will tank -50% from the all time high, easily, and most likely beyond -70% because this isn't a snow storm. You don't just go back to work. Layoffs, loan defaults, and bankruptcies are coming, worldwide = Great Depression 2.0
And THEN, the 2nd wave hits in the fall, and the winter/spring, and keeps repeating. You. Have. Been. Warned. Like. You. Were. Warned. Before.
In 2-3 months AFTER infection, each country (and we're talking smaller countries 1/5th the size of the U.S.) will have deaths exceeding that of the TOTAL annual seasonal flu deaths of THE United States of AmeriKah alone, something that normally takes 7 months. That means the exponential growth from the 2-3 months to the final 7 months will get it into the millions or tens of millions per country, dead, if no lockdowns are in place.
So much for "the flu is worse" non-sense.
The only alternative is full and total lockdown of each country, which means lowered consuming spending, layoffs, loan defaults, bankruptcies and recession/depression.
Undo lockdown, and the Wuhan supercoronaflu does it's exponential magic again. Lockdown again, and back to recession/depression.
All roads lead to a Great Depression 2.0 and -90% in the stock market.
For the record, Dems and some Republican senators with a conscious believe the stimulus bill is not helping enough of the common folks (us) and is helping too much of the big companies, like usual. That's why they're voting no.
Something tells me America's denial, playing down of this virus, lack of math and science skills/knowledge, and event arrogant attitude will guarantee American deaths per population and economic damage be greater than most western nations. People are still treating this like a regular recession/depression. Heck, some are in complete denial and won't even say the word "depression" and will even get emotionally all worked up and upset if that word is even mentioned.
The people who early on in January saw all this coming are the ones who can see logically and clearly into the future. Everyone else is a hindsight expert, and still dismissing anything their minds can't understand. You can't see beyond that which you don't understand.
Finally, no one's actually talking about both the real issues: the virus and the unsustainable debt.
Can anyone list facts about this virus??? Can anyone list facts about the vulnerable state of the everything bubble BEFORE the virus hit?
Does everyone realize YOUNG PEOPLE with NO PREEXISTING conditions are in the hospitals and ICUs? Do you comprehend the medical debt will destroy everyone OR the insurance companies OR the hospitals when people can't pay?
Clowns still be comparing the U.S. to South Korea and China. That's like comparing []D00[]D to apples.
When you understand the science behind this new virus AND the everything bubble, AND comprehend the damage it'll do, not just to America but to other countries too (we're dependent on the world), then you'll understand the gravity of the situation.
Next week, Saudis flood the market with oil. Watch what happens.
SURVEY - Thumbs up if you know why the market is selling off. Thumbs down if you are seriously clueless on why the market is selling off and simply waiting to buy the dip.
Feel free to respond with your thoughts to back up your opinion. We're all here to learn and make money. Well, maybe not all of us. Some people don't want to learn the truth because it hurts and they can't accept the truth.
To put it into perspective, the unemployment rate maximum during the Great Depression was 24.9%, and was mostly above 14%. During the Great Recession, the max was 10%.
The 20% from Mnuchin rivals that of the Great Depression. Ain't no joke folks. I was not kidding when I warned a Great Depression 2.0 is coming. Unemployment claims are up SHARPLY.
Treasury Secretary Steven Mnuchin warned Republican senators Tuesday morning that without action the coronavirus pandemic could drive up US unemployment to 20%, a Republican Senate source told CNN.
Treasury Secretary Steven Mnuchin warned Republican senators Tuesday morning that without action the coronavirus pandemic could drive up US unemployment to 20%, a Republican Senate source told CNN.
Also, if the UN gets Russia to agree to allow Ukrainian food exports in return for allowing Russian and Belarusian potash and fertilizer exports, expect the market to rally too. Wheat needs to be exported soon or it'll go bad in a few months at most.
If inflation starts going lower throughout summer, this very well could be the lows this year.
$^GSPC
$^DJIA
$^RUT
$SPY
$UPRO
$TQQQ
$TNA
Remember, the market is forward looking. If inflation is the same, or going up with each report, then yeah I'd be worried. But inflation has gone down 2 months in a row, signaling smart people to cover (like me), and go long (like me), or for sideline longs to jump back in.
The WORST thing you as a long is sell out from fear, not buy lower to gain more shares, waiting for the share prices to go ABOVE where you sold, then and only then, FOMO buy for LESS shares. And then... panic sell when the market goes down a little. Great way to lose money.
$^GSPC
$SPY
$UPRO
$TQQQ
$SPY
$UVXY
$^GSPC
$^DJIA
$UPRO
$TQQQ
$^GSPC
$^DJIA
$^RUT
$SPY
$UPRO
$TQQQ
$TNA
The longer you wait holding your puts, the longer you lose money. The longer you wait on the side lines not buying back or not buying, the longer you miss out. Everyone dreams of catching the bottom, but in order to catch the bottom, you have to be long! LMAO!
Anyways, you're welcome guys.
$^GSPC
$^DJIA
$^RUT
$SPY
$UPRO
$TQQQ
$TNA
Have a great weekend y'all. I know I will. I tried to help, but only you can help yourselves. You can drag a cow to the water, but you can't make it drink to save its life. The rally has only just begun. 52 week highs again by early next year at the latest if inflation heads to 2% by then. I'm tired of explaining so I won't anymore.
$SPY
$^GSPC
$^RUT
$^DJIA
$SPX
$UPRO
$TQQQ
$TNA
THE MARKETS ARE REALLY CHEAP AND ARE ONLY GOING UPWARDS...!!!
$SPY
$^GSPC
$^RUT
$^DJIA
$SPX
$UPRO
$TQQQ
$TNA
$SPY
$UVXY
$^GSPC
$^DJIA
$UPRO
$TQQQ
https://photos.app.goo.gl/PzVLsu2afMbucPMd6
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
$^GSPC
$^ICIX
$^DJI
$^RUT
$TVIX
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
The very act of desperation today means we get multiple limit downs. I wouldn't be surprised if we see -25% today.
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
Layoffs, loan defaults, and bankruptcies are coming, worldwide = Great Depression 2.0
And THEN, the 2nd wave hits in the fall, and the winter/spring, and keeps repeating. You. Have. Been. Warned. Like. You. Were. Warned. Before.
In 2-3 months AFTER infection, each country (and we're talking smaller countries 1/5th the size of the U.S.) will have deaths exceeding that of the TOTAL annual seasonal flu deaths of THE United States of AmeriKah alone, something that normally takes 7 months. That means the exponential growth from the 2-3 months to the final 7 months will get it into the millions or tens of millions per country, dead, if no lockdowns are in place.
So much for "the flu is worse" non-sense.
The only alternative is full and total lockdown of each country, which means lowered consuming spending, layoffs, loan defaults, bankruptcies and recession/depression.
Undo lockdown, and the Wuhan supercoronaflu does it's exponential magic again.
Lockdown again, and back to recession/depression.
All roads lead to a Great Depression 2.0 and -90% in the stock market.
Italy:
888 to 17.7K cases
21 to 1,266 deaths
Spain:
33 to 5.2K
0 to 133
Iran:
388 to 11.4K
34 to 514
Germany:
60 to 3.7K
0 to 8
France:
57 to 3.7K
2 to 79
US:
62 to 2.3K
0 to 50
Swiss:
15 to 1,139
0 to 11
S. Korea:
2.3K to 8.1K
16 to 72
UK:
20 to 798
0 to 11
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
The people who early on in January saw all this coming are the ones who can see logically and clearly into the future. Everyone else is a hindsight expert, and still dismissing anything their minds can't understand. You can't see beyond that which you don't understand.
Finally, no one's actually talking about both the real issues: the virus and the unsustainable debt.
Can anyone list facts about this virus???
Can anyone list facts about the vulnerable state of the everything bubble BEFORE the virus hit?
Does everyone realize YOUNG PEOPLE with NO PREEXISTING conditions are in the hospitals and ICUs? Do you comprehend the medical debt will destroy everyone OR the insurance companies OR the hospitals when people can't pay?
Clowns still be comparing the U.S. to South Korea and China. That's like comparing []D00[]D to apples.
When you understand the science behind this new virus AND the everything bubble, AND comprehend the damage it'll do, not just to America but to other countries too (we're dependent on the world), then you'll understand the gravity of the situation.
Next week, Saudis flood the market with oil. Watch what happens.
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
My estimated numbers predicted 1,000+ new deaths on March 31 (yesterday), with a total of 5,000+ deaths total in the U.S.
Today, we have 1,000+ new deaths & 5,000+ deaths total. I'm 1 day off... and the day is not over, so will the number increase?
Click to see the full image:
https://photos.app.goo.gl/aihGucVwiCyfZbDu8
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
$^GSPC
$^ICIX
$^DJI
$^RUT
$TVIX
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
Thumbs down if you are seriously clueless on why the market is selling off and simply waiting to buy the dip.
Feel free to respond with your thoughts to back up your opinion. We're all here to learn and make money. Well, maybe not all of us. Some people don't want to learn the truth because it hurts and they can't accept the truth.
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
https://photos.app.goo.gl/S5p1UojgoHJMe5aT6
The 20% from Mnuchin rivals that of the Great Depression. Ain't no joke folks. I was not kidding when I warned a Great Depression 2.0 is coming. Unemployment claims are up SHARPLY.
https://www.cnn.com/2020/03/17/politics/steven-mnuchin-unemployment-warning-coronavirus/index.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fcnn_latest+%28RSS%3A+CNN+-+Most+Recent%29
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU