All things STOCKS

China cannot be trusted.
You trust our gov't?

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Pays very well... 😏

So, what is the market going to do over next seven hours? I'm positioned too aggressively.

J-Pow seems to be on a personal mission to crash me out before he heads off to retirement.

I'm thinking QQQ down 2% today.

AmIrIgHt?
I think Powell may be outnumbered on when it comes to another rate cut. I got much less aggressive recently, though. Short(ish) time to retirement.
 
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I think Powell may be outnumbered on when it comes to another rate cut. I got much less aggressive recently, though. Short(ish) time to retirement.
Hope you are right.

Now that you mention it, J-Pow should consider his own Thrift Savings Plan account. His C fund is up 18% this year.

Might want to tone down his rhetoric to improve his own nest's egg.. 🤔
 
I'm up about 1% on the day. It's about what was expected, so a lot already baked in. Probably give it all back sometime this week or next. Sure would help the $ if we would get ahold of deficit spending.
 
I'm up about 1% on the day. It's about what was expected, so a lot already baked in. Probably give it all back sometime this week or next. Sure would help the $ if we would get ahold of deficit spending.
It's all relative to other currencies. The DXY is up 36% since 2008 while deficits have exploded.

I think today sets up a pretty stereotypical Santa Claus rally with a pullback coming in early Q1.
 
It's all relative to other currencies. The DXY is up 36% since 2008 while deficits have exploded.

I think today sets up a pretty stereotypical Santa Claus rally with a pullback coming in early Q1.
Agree with the Santa Claus rally.

The biggest news was the resumption of Fed purchases of treasuries.
 
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Futures and After Hours are indicating a significant pull back. Hopefully not a trend d veloping for year end, but rather some ping ponging sessions.
 

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