Yes we would. I'm Irish and loved my visit there, just great people.59 South said:
You don't want that drama - plus they'd want to fight - not sure what about, but there'd be some fighting.
I don't see how anyone in our industrial defense industry would be ok with this happening cause Taiwan buys a lot of our defense products and arms.Bonfire1996 said:
Did Biden make a deal at G-20?
China gets Taiwan peacefully like Hong Kong. In return, China ends its support of Russia. I haven't seen anyone infer that, but getting nuggets here and there. Couple with the Buffett investment in Taiwan semiconductor…
That would make markets go ape.
Quote:
There are fears that a tax on renewable companies could deter investors from backing large-scale green energy projects.
There is a downtrend line a little above there - but yes I would say bear market is over. Its the final confirmation of a bottoming process and most other criteria now met
— Adam Mancini (@AdamMancini4) November 15, 2022
Mancini knows better than this.Bob Knights Paper Hands said:
I don't feel nearly as bullish as this sounds to me.There is a downtrend line a little above there - but yes I would say bear market is over. Its the final confirmation of a bottoming process and most other criteria now met
— Adam Mancini (@AdamMancini4) November 15, 2022
markets usually front run this and everyone wants to go short here given the news. We could be seasonally bullish til end of the year. End of year and through February could be ugly though!cryption said:
Layoffs are just beginning, I can't imagine bear market being over
Heineken-Ashi said:Mancini knows better than this.Bob Knights Paper Hands said:
I don't feel nearly as bullish as this sounds to me.There is a downtrend line a little above there - but yes I would say bear market is over. Its the final confirmation of a bottoming process and most other criteria now met
— Adam Mancini (@AdamMancini4) November 15, 2022
Downtrend break would signal the end of THIS segment of the bear market. The one we've been in most of the year. But until market is at new highs and economic conditions actually start to IMPROVE, not just get less worse during a one of the most bullish seasons, we could be in that period between bear market drops where we chop around within a range.
But remember your resistance levels. Always. Don't get lazy and don't let the media gaslight you into complacency where you start making foolish decisions like you did in late 2021.
As of today, 4135 is what we need to break the bear market downtrend. It moves down with each day. Above that and we can run a little, but still have resistance at recent highs 4325, 4512, and 4637. 4818 top would then have to be broken. And you know we aren't going to nail those, even if this leg is over, all at once. If you are feeling bullish, I would suggest keeping an eye on your overbought / oversold indicators. Start with daily and then try to notice a trend going down to hourly. Ignore anything less as those can swing around within a day and don't point to longer term trends.
Also, look around you. Don't get stuck watching technicals of one chart. So many things are linked. DJI is big dogs more than any other. SPX is more tame. Watch energy macros. Crude, nat gas, petro, oilfield services, exploration, etc. Watch metals. Keep an eye on BTC. Know where bond prices and yields are. What are currencies doing? Sectors and segments of the market will each have their own trends and will influence greater macros.
I'm sure the DOE/EIA can calculate a number to show decreased demand in the Weekly Report after Thanksgiving.Quote:
"This year's average U.S. gasoline prices on Thanksgiving are expected to be at their highest level ever for the holiday and beat the previous record from Thanksgiving of 2012, according to estimates from fuel-savings application Gas Buddy.
Despite the record-high average gasoline prices, 20% more Americans plan to travel by car for the holiday weekend, compared to 2021, especially after Covid precautions have significantly eased compared to the previous two years, according to Gas Buddy."
I was just trying to make a joke - had a taxi driver (old guy) in Dublin once tell me he grew up on the north side of town and married a southside lass. He said his whole family tried to fight her whole family before the wedding.ProgN said:Yes we would. I'm Irish and loved my visit there, just great people.59 South said:
You don't want that drama - plus they'd want to fight - not sure what about, but there'd be some fighting.
I think you're right eventually, but you have to simmer down a little good Farmer. There's many points between A and Z. But you get yourself hopped up on diesel injected Four Loko and run a straight line. I like to take breaks and enjoy my beer.Farmer @ Johnsongrass, TX said:
Boom-shaka-lakka-boom!I'm sure the DOE/EIA can calculate a number to show decreased demand in the Weekly Report after Thanksgiving.Quote:
"This year's average U.S. gasoline prices on Thanksgiving are expected to be at their highest level ever for the holiday and beat the previous record from Thanksgiving of 2012, according to estimates from fuel-savings application Gas Buddy.
Despite the record-high average gasoline prices, 20% more Americans plan to travel by car for the holiday weekend, compared to 2021, especially after Covid precautions have significantly eased compared to the previous two years, according to Gas Buddy."
$10 gasoline. Give it to me. Jerome wants it and,....8.50% 30 yr fixed home mortgage rates and 5% unemployment. And Brandon wants to send checks to all of us. Merry Christmas!
Yea I knew you guys would love that one. I LOL'd and spit out some tea when I read that.Farmer @ Johnsongrass, TX said:
Thanks Boss! Appreciate the link.
I love this quoteQuote:
There are fears that a tax on renewable companies could deter investors from backing large-scale green energy projects.
Radical Liberals always eat their own. Never. Fails.
LMAO!
LOLHeineken-Ashi said:
I think you're right eventually, but you have to simmer down a little good Farmer. There's many points between A and Z. But you get yourself hopped up on diesel injected Four Loko and run a straight line. I like to take breaks and enjoy my beer.
Heineken-Ashi said:I think you're right eventually, but you have to simmer down a little good Farmer. There's many points between A and Z. But you get yourself hopped up on diesel injected Four Loko and run a straight line. I like to take breaks and enjoy my beer.Farmer @ Johnsongrass, TX said:
Boom-shaka-lakka-boom!I'm sure the DOE/EIA can calculate a number to show decreased demand in the Weekly Report after Thanksgiving.Quote:
"This year's average U.S. gasoline prices on Thanksgiving are expected to be at their highest level ever for the holiday and beat the previous record from Thanksgiving of 2012, according to estimates from fuel-savings application Gas Buddy.
Despite the record-high average gasoline prices, 20% more Americans plan to travel by car for the holiday weekend, compared to 2021, especially after Covid precautions have significantly eased compared to the previous two years, according to Gas Buddy."
$10 gasoline. Give it to me. Jerome wants it and,....8.50% 30 yr fixed home mortgage rates and 5% unemployment. And Brandon wants to send checks to all of us. Merry Christmas!
