So far so good.$30,000 Millionaire said:
You want this level, right here, to hold. I'll be getting short if we lose the LOD.
Low of the day big boy and it's support.Charismatic Megafauna said:$30,000 Millionaire said:
You want this level, right here, to hold. I'll be getting short if we lose the LOD.
4115? What's the significance?
FJ43 said:
Looks like OA is back from ban camp on Twitter.
Me while markets are still in the box. pic.twitter.com/ogKr8SQxxF
— Freedom Costs More Than Being Concerned... (@oldarmy1) August 9, 2022
That's what she said.Quote:
Bottom will be "in".
People just waiting on the inflation number.$30,000 Millionaire said:
Really boring day.
not initially. If numbers are good, we will tank. They always pull the opposite, if numbers suck, we will rally. Retail put buyers will get slaughtered, lolLake08 said:
If numbers are good tomorrow we rally. Bottom will be "in".
Quote:
The sweeping climate, health care and tax bill that Senate Democrats passed Sunday includes one of the biggest tax hikes in decades, including a new levy for corporations that repurchase their own stock
The Inflation Reduction Act of 2022, which passed along party lines with Democrats employing the budget reconciliation process, would raise an estimated $739 billion over the next decade, with the revenues going toward initiatives designed to combat climate change and curb pharmaceutical prices, as well as efforts to reduce the nation's $30 trillion debt
It includes about $433 billion in new spending, while roughly $300 billion of the new revenue raised would go toward paying down the nation's deficit.
Some of the main revenue raisers stem from new levies on wealthy businesses, including a 1% excise tax on corporate stock repurchases that is poised to take effect in 2023. Democrats, who estimated this new levy will raise about $74 billion over the next decade, are hoping to slow companies' tendency to buy back their own stock from investors with the tax.
Mancini is looking longer term for his support.resistance line. 4101 has been the place of monster moves, so no surprise to be back here. Bounced 100 points off it in Feb, almost 500 point move in June off this area. Big move coming.Charismatic Megafauna said:
Am i the big boy or is the lod? Lol
Just asking because mancini has been saying 4105, which jives with friday's low, but if i draw support between there and tuesday's lows we wanted to hold more like 4120. Or is a 15pt range just noise?
UPDATE: MUSK SOLD A TOTAL OF $6.89B IN TESLA SHARES
— FXHedge (@Fxhedgers) August 10, 2022
$MU
— ⚡️drippy ⚡️ (@drippy2hard) August 10, 2022
Massive indecision Doji with twice the average volume. Usually signifies trend reversal. Observing some accumulation pattern on volume as well.
WH kept mentioning about Micron and active contracts wrt CHIPS act.
Send it 🚀 pic.twitter.com/AYwSZCeT2a
irish pete ag06 said:
Can I do my best 30K impersonation real quick?
So is everyone super bullish now?
still flagging within a range actually.Lake08 said:
Bottom is in.
$VIX $VXX
— Bootsie 🏖 (@bootsiejones) August 10, 2022
$20 would likely coincide with $ES_F $4231-6 target off June lows. https://t.co/fT7fz30vJT pic.twitter.com/TRUK7nBAAD