Thread: Epic's Account Talk

https://www.foxnews.com/media/upcomi...-yardeni-warns
Yardeni Research President Edward Yardeni discussed what he believes Americans should expect from upcoming inflation data, warning that "it’s going to be bad news again."

...plus, Ira said in his latest vid that he's in the .75 rate hike camp now, and he also said that he can't imagine the JPow press conference on the 27th of July will be anything but Hawkish.

The question is, will the Market Rally for a day or 2 after the announcement, then drop like a rock the way it did the other 2 previous times??? Hmmmmm???? I really wish I knew.....

Originally Posted by Epic

The question is, will the Market Rally for a day or 2 after the announcement, then drop like a rock the way it did the other 2 previous times??? Hmmmmm???? I really wish I knew.....

This is a take no prisoners type of market. Bigger question is does the market slowly creep up until the 27th, creating an inviting atmosphere, then "wham", back down to previous lows.

Originally Posted by WorkFE

This is a take no prisoners type of market. Bigger question is does the market slowly creep up until the 27th, creating an inviting atmosphere, then "wham", back down to previous lows.

I think until further notice we are in a "sell the rally" environment. I think the Fed continues until they break something, which it might take to get inflation under control.

Originally Posted by WorkFE

This is a take no prisoners type of market. Bigger question is does the market slowly creep up until the 27th, creating an inviting atmosphere, then "wham", back down to previous lows.

I hope we can creep up to some new highs. Sure hope we don't "wham" back to previous lows but will have to take that ride if it happens. I'm down six figures and right now I will ride the peaks and valleys because I'm not willing to take that loss yet.

Just some insight (opinions) from two of the 27 bazillion talking heads out there to look at. Take it all with a grain of salt.

https://twitter.com/AdamMancini4/sta...C9ocuiufcqAAAA
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....and for those who like short vids, I stumbled on this....(Full Screen It)

https://www.youtube.com/watch?v=gDorK_oTmRI

..

Happy CPI Day everybody . . . . UP, DOWN, UP, DOWN Where will we end up???

https://www.investing.com/indices/indices-futures

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Even a worse start today . . . . . Drill baby, DRILL ! ! ! ! !

https://www.investing.com/indices/indices-futures

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Some more graphic eye candy . . . . . .
https://www.naaim.org/programs/naaim-exposure-index/
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https://www.aaii.com/sentimentsurvey
AAII7-13-22.PNG

WOW ..... Pretty decent day. Should be interesting to see where it goes from here.
https://www.investing.com/indices/indices-futures
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I thought this was interesting.......
https://twitter.com/SuburbanDrone/st...C-6ZX-14ArAAAA
Go to link and click on chart to enlarge.

7-19-22itter.PNG

I like it, but what will happen tomorrow? Dang crystal ball is broken.

Hmmmmm
I just find stuff like this rather interesting..... He didn't do very well when he's done this type of thing in the past.

Before this happened:
https://www.hpcwire.com/2022/07/19/u...lenges-linger/
The U.S. Senate on Tuesday passed a major hurdle that will open up close to $52 billion in grants for the semiconductor industry to boost manufacturing, supply chain and research and development.

This happened:
https://www.marketwatch.com/story/na...te-11658179117
Nancy Pelosi’s husband buys millions worth of Nvidia stock ahead of chip-manufacturing bill vote