I'd be amused to see the S&P going higher until october and then crash til december... Would be fun because nobody expects that. So maybe that is why it will happen.
Even if you are right this market can make you wrong for an extended period of time.
Being bear too early means you'll be broke soon, be bull and you'll be slaughtered !
This is only volatility and false trends. There is no believers out there. All we know for sure is : they are gonna print money. The actual question is : when ? When those billions injected into the banking system will diffuse into the real economy ? When all this QE will become inflation ?
My gut feeling is that we should see a rise of the euro for 2-3 months and then a sharp drop, say in december, when nobody expect that.
By the way I bought FAS @ 18$ and sold way to early... I could have made a fortune... Something to think about... A good week overall, but nothing to be proud of, when I made 5 instead of 100.
Here I need to change my way of trading, when I cut too quickly my gains and let my losses running.
Hi catnip, like you i guess this rally is more a dead cat bounce than a new bull rally. We're expecting the stress test release by July 23rd and the release of the US GDP by the end of the month (30).
What's your time frame for the next leg down ? Do you still think that the bull trap will take place until september, or could we see a bear attack before ?
The market is a discounting machine, and I think that it has not discounted a republican victory by november yet. So when it will, I guess eurus will drop to parity and equities should go down likewise.
The bull trap takes place. I see the free fall of eurus in november right before or after the US elections. I'm pretty sure republicans will sweep democrats's ass. And then, the market will discount a new fiscal et monetary policy which will take into account a stronger dollar.
So nothing to do until then IMO. Expect also the market to resume its downtrend by then.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(10 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(10 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(10 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
How bitcoin halvingreduces bitcoin inflation below that of gold and how its "hardness" can beat every other asset & currency over time. Watch here.
كيف تنخفض نسبة التضخم في بيتكوين تحت نسبة تضخم الذهب و ما يعني "صلابة" بيتكوين كعملة او إرادة؟
Latest Hot-Chart - Apr 09
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
View Hot-Chart..
http://bruxelles.blogs.liberation.fr/ING.pdf
That's worth it !
Being bear too early means you'll be broke soon, be bull and you'll be slaughtered !
This is only volatility and false trends. There is no believers out there. All we know for sure is :
they are gonna print money. The actual question is : when ? When those billions injected into the banking system will diffuse into the real economy ? When all this QE will become inflation ?
My gut feeling is that we should see a rise of the euro for 2-3 months and then a sharp drop, say in december, when nobody expect that.
Here I need to change my way of trading, when I cut too quickly my gains and let my losses running.
What's your time frame for the next leg down ? Do you still think that the bull trap will take place until september, or could we see a bear attack before ?
The market is a discounting machine, and I think that it has not discounted a republican victory by november yet. So when it will, I guess eurus will drop to parity and equities should go down likewise.
How do you see those events unfold ?
So nothing to do until then IMO. Expect also the market to resume its downtrend by then.