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Discussion in 'Stock Market Today' started by T0rm3nted, Feb 8, 2021.

  1. Money123

    Money123 Active Member

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    Watching next week looking for a bit of a sell off to get in something. Nothing goes 700 points and continues. If it does then it will a day or so more.
     
  2. Money123

    Money123 Active Member

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    The Treasury is about to dump $170 billion worth of treasury bonds on the market on Monday (June 5th)
     
  3. Money123

    Money123 Active Member

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    Michael Wilson and his team of strategists at Morgan Stanley predict a downturn in U.S. corporate earnings and, consequently, in equities averages. They attribute this anticipated slump to several factors, including the expectation that the Federal Reserve won’t ease policy this year, the projected liquidity crunch as the Treasury sells bonds to replenish its funds, and concerns about the sustainability of growth.





    They predict a 16% year-over-year drop in S&P 500 EPS in 2023, followed by a sharp rebound in 2024, given their view that policy will become more accommodating in 2024 rather than in 2023. Their 12-month S&P 500 target is 4,200, with a base case end-2023 target of 3,900.
     
  4. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  5. Money123

    Money123 Active Member

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    I am not getting in anything today. See tomorrow few charts setting up next few days.
     
  6. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    DXJ up again, the Nikkei is on a tear lately :eek:
     
  7. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    anotherdevilsadvocate likes this.
  8. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  9. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  10. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  11. stock1234

    stock1234 2017 Stockaholics Contest Winner

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  12. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Fear & Greed Index is over 75.
    Good time to look at interesting shorts.
    eg CRI as a play on birth rates declining...DIS is at a gap resistance...any others? I don't want to hear NVDA here lol, I see that enough on Reddit. All it is doing is consolidating this month.
     
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  13. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    A nice run by ORCL before earnings :eek:
     
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  14. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    On Friday, UPS will vote to authorize a strike.
    The strike will not go into effect until August 1, and that is only if they do not get a contract by then.
    But until then, there'll be a new thing for people to worry their asses off.
     
  15. Money123

    Money123 Active Member

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    Markets look good anyway. A bull market this week?
     
  16. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    Be careful.
    The VIX is up +7% today. And the new VIX1D is +38%.
    CPI comes out tomorrow, and PPI on Wednesday.
     
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  17. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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  18. stock1234

    stock1234 2017 Stockaholics Contest Winner

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    ORCL not losing its gains from the regular trading hours :eek: It could be the under the radar AI play :D
     
  19. Money123

    Money123 Active Member

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    Yeah I sold my Pfizer for a profit.
     
  20. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    /NQ going through 15k
     

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