Off-Topic Stock Market & Crypto Discussion

[mr.h]

Tesla earnings today..
The editorial board wrote:

“Mr. Trump thinks he can bully everyone into submission, but he can’t bully Adam Smith, who deals in reality. Markets know tariffs are taxes, and taxes are anti-growth. The Trump tariffs are the biggest economic policy mistake in decades, and extending the 2017 tax reform and deregulation may not compensate for all the damage.”

 

[JD08]

 

[JD08]

Who wants to guess what tomorrow will bring?

 

[TheEye]

Who wants to guess what tomorrow will bring?

My prediction is flat or mixed day for the averages.

 

[JD08]

My prediction is flat or mixed day for the averages.

I see profit taking either tomorrow or Thursday.

 

[flips]

Who wants to guess what tomorrow will bring?

We break out of this balance we been in last 8 days soon. Not going to chop around forever. Am still bullish in short term (next 2-3 weeks)

 

[JD08]

We break out of this balance we been in last 8 days soon. Not going to chop around forever. Am still bullish in short term (next 2-3 weeks)

The only certainty I've ever seen in uncertainty is the seesaw. Never doubt people's ability to find a way to make money.

 

[Cmuri]

 

[Cmuri]

 

[mr.h]

Trump says the right things about tariffs and the Fed chairman and we go up.
This is and was a self-made recession in the making.
Declare victory and shut up.

 

[flips]

We break out of this balance we been in last 8 days soon. Not going to chop around forever. Am still bullish in short term (next 2-3 weeks)

If mkt likes what Bessent says in his speech today we are going to rip so much higher

 

[JD08]

 

[JD08]

 

[TheEye]

And this is why short term predictions are seldom correct.

 

[mr.h]

"Trump's recent comments around Powell, his soothing words around China, all tell you that Trump is starting to 'feel the market,'" Renaissance Macro head of economics Neil Dutta wrote.

 

[Cmuri]

 

[JD08]

 

[JD08]

 

[flips]

....and still bullish. If we don't close the week above the "tarrif pause pump" prices I'll prolly change tune. We've knocked on the door and been rejected on like 4 subsequent trading days. Can't break through next time and we prolly tank. Should be some kind of announcement with some kind of country by end of week, or this is a complete clown show. Am still targeting the last FOMC meeting prices to take some profit off.

If we're going to avoid recessionary bear market '98 & '18 are useful analogs to look to.

'98 swept the low after a nice rally. '18 just ripped up till it got to the prior ATH.

 

[TheEye]

On April 21, one of my managed portfolios picked up META at 483 per share. NVDA 95.8 and ETN 95.8. Others as well but these were the largest purchases.