Farmer @ Johnsongrass, TX said:

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Irish 2.0 said:

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$30,000 Millionaire said:

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Irish 2.0 said:

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Engine10 said:

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Yo who dropped the big stick on the Q's?

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Some MS dip**** is on CNBC saying we're in a bear market. I wouldn't call this market a bear market yet, but it's not really a bull market anymore either

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if you removed the big 5, i think it is a bear market.

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And if you remove the other stocks it's a bull market. Can't pick and choose what equities to include in an analysis of what type of market we're in. I'm by no means saying it is a bull market, but it's not a bear market either IMO

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Technically, a 20%, or greater, downward correction would be needed in the DJIA all time closing high to the DJIA closing low to be considered a bear market and change of direction. Currently, the market is in a Mega Bull Market and has been for a long time; however, there can be Cyclical Bear Markets within a Mega Bull Market. So, what is this current market? IMO it's a wide basing within a Mega Bull Market. I would not be surprised to see the market trade this wide basing the majority of the year. Also, this is a mid-term off Presidential election year. These types of years, mid-term off Presidential election year, tend to provide a great buying opportunity at some point. History proves this over the last 50 to 60 years. Last one was Nov 2018.

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Added bonus, is anyone from the Fed speaking tomorrow?

Tomorrow could be the opportunity noted above.

Farmer @ Johnsongrass, TX said:

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Farmer @ Johnsongrass, TX said:

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Irish 2.0 said:

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$30,000 Millionaire said:

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Irish 2.0 said:

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Engine10 said:

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Yo who dropped the big stick on the Q's?

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Some MS dip**** is on CNBC saying we're in a bear market. I wouldn't call this market a bear market yet, but it's not really a bull market anymore either

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if you removed the big 5, i think it is a bear market.

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And if you remove the other stocks it's a bull market. Can't pick and choose what equities to include in an analysis of what type of market we're in. I'm by no means saying it is a bull market, but it's not a bear market either IMO

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Technically, a 20%, or greater, downward correction would be needed in the DJIA all time closing high to the DJIA closing low to be considered a bear market and change of direction. Currently, the market is in a Mega Bull Market and has been for a long time; however, there can be Cyclical Bear Markets within a Mega Bull Market. So, what is this current market? IMO it's a wide basing within a Mega Bull Market. I would not be surprised to see the market trade this wide basing the majority of the year. Also, this is a mid-term off Presidential election year. These types of years, mid-term off Presidential election year, tend to provide a great buying opportunity at some point. History proves this over the last 50 to 60 years. Last one was Nov 2018.

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Added bonus, is anyone from the Fed speaking tomorrow?

Tomorrow could be the opportunity noted above.

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All I heard you say Farmer was buy

Dan Scott said:

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Futures open around 4260 which was Mancini's lower end target.

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Bouncing right off that you start, good news

FJ43 said:

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Farmer @ Johnsongrass, TX said:

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Farmer @ Johnsongrass, TX said:

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Irish 2.0 said:

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$30,000 Millionaire said:

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Irish 2.0 said:

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Engine10 said:

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Yo who dropped the big stick on the Q's?

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Some MS dip**** is on CNBC saying we're in a bear market. I wouldn't call this market a bear market yet, but it's not really a bull market anymore either

---

if you removed the big 5, i think it is a bear market.

---

And if you remove the other stocks it's a bull market. Can't pick and choose what equities to include in an analysis of what type of market we're in. I'm by no means saying it is a bull market, but it's not a bear market either IMO

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Technically, a 20%, or greater, downward correction would be needed in the DJIA all time closing high to the DJIA closing low to be considered a bear market and change of direction. Currently, the market is in a Mega BUll Market and has been for a long time; however, there can be CYclical Bear Markets within a Mega Bull Market. So, whaT is this current market? IMO it's a wide basing within a Mega Bull MarKet. I would not be surprised to see the marKet trade this wide basing the majority of the year. Also, this is a mid-term off PreSidential election year. These types of years, mid-term off Presidential election year, tend to provide a great buying opportunity at some point. History proves this over the last 50 to 60 years. Last one was Nov 2018.

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Added bonus, is anyone from the Fed speaking tomorrow?

Tomorrow could be the opportunity noted above.

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All I heard you say Farmer was buy

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buy the invasion… pic.twitter.com/7j5rKmoEJn

— FxMacro (@fxmacro) February 21, 2022

Tumble Weed said:

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Dan Scott said:

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Could it be argued all the excess has already been driven out of the market?

Lol. What a list. If you own theses why. pic.twitter.com/SXWVzONkY9

— sam (@smartertrader) February 21, 2022

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I will tell you why I own clov! Mf Texags!

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3 things:

• Most of that list has been traded on this thread in the last 18 months - you silly degenerates.
• I get 99.9% of my stock advice from this thread.
• How did he get a screenshot of my account?

cjo03 said:

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Tumble Weed said:

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Dan Scott said:

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Could it be argued all the excess has already been driven out of the market?

Lol. What a list. If you own theses why. pic.twitter.com/SXWVzONkY9

— sam (@smartertrader) February 21, 2022

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I will tell you why I own clov! Mf Texags!

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3 things:

• Most of that list has been traded on this thread in the last 18 months - you silly degenerates.
• I get 99.9% of my stock advice from this thread.
• How did he get a screenshot of my account?

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It's my big learning from 2021, gotta go with big boy stocks as well as a few speculative small caps, I got way out of balance and it's painful right now. I am slowly readjusting though

I am going to guess that Chevron and Exxon will crush Q1 earnings. I own these. There are probably other O&G that will do well too. I just have a vested interest in these. ..... Oil = +$94/barrel, up $3 and change

$30,000 Millionaire said:

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I think this is an OK place to buy. What do you have to lose at these prices?

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Is it an ok place to hold with a cost basis of $12? Asking for a friend.

Miss you fellas. Been coaching softball and working on my insurance license. A career change is in the works.

Goldman now saying 6% drop if Ukraine situation worsens.

So glad the uptick rule was undone. Money to be made tomorrow. We are gonna retest Jan lows early tomorrow. My guess is they don't hold.

Hang Seng index down 3.1%.

Did I mention what my school mascot is? :-).

BaylorSpineGuy said:

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Goldman now saying 6% drop if Ukraine situation worsens.

So glad the uptick rule was undone. Money to be made tomorrow. We are gonna retest Jan lows early tomorrow. My guess is they don't hold.

Hang Seng index down 3.1%.

Did I mention what my school mascot is? :-).

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??

Something like that….except we won the Sugar Bowl and a natty in Men's Hoops! :-)).

We can't beat you guys to save our sorry lives, but otherwise we have hit pay dirt on athletic success.

Well, the rubber is about to meet the road. I'm taking ELF and UHUAL off the watchlist after they lost their 200ema level. Who knows how low they'll drop so I'm sitting out on these.

Really should have sold OSTK when I had the chance last week. The MACD clearly indicated it was time to sell and I ignored. Oh well, It's in my long term account. A reversal soon would be nice. Not sure it'll happen.

SAVA is out of time to make a decision. Last week, it tried for a breakout and failed when it reached 55. Without a catalyst, I believe we are heading back down to 40 or less.

I'm not seeing very many buy opportunities right now. I plan to just hold on to what I have this week.

La Bamba said:

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https://twitter.com/DeItaone/status/1496104391182635010?s=20&t=44Hp4WMm4-tDMka7jnYB1g

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Russia/Ukraine crisis could force a reassessment of the Fed tightening path resulting in central banks turning less hawkish, while policymakers may consider additional fiscal stimulus: JPM

— *Walter Bloomberg (@DeItaone) February 22, 2022

That's not a good thing because inflation is already out of control

ProgN said:

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La Bamba said:

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https://twitter.com/DeItaone/status/1496104391182635010?s=20&t=44Hp4WMm4-tDMka7jnYB1g

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Russia/Ukraine crisis could force a reassessment of the Fed tightening path resulting in central banks turning less hawkish, while policymakers may consider additional fiscal stimulus: JPM

— *Walter Bloomberg (@DeItaone) February 22, 2022

That's not a good thing because inflation is already out of control

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Yeah I'd rather we rip the bandaid instead of throw more money at this

This is another prime example of the theory many of us have with the market these days. Whatever you think should happen based on logic and current circumstances, the opposite will likely happen.