The market is overreacting, if anything this should be bullish for stocks.
More inflation = higher asset prices, eventually people should come to this conclusion.
I think Sandris is right, people looking for any excuse to sell.
He just knows he cant raise rates because it will bankrupt the government, his only other way to combat inflation is the balance sheet. It honestly makes sense to me why he is doing what hes doing. Politics infects everything. Thats why he said he wont sell treasury notes.
Something I am not factoring in is the schedule for QT, if its the consensus that QE caused this bull run, the negative should produce the opposite...
Now I don't really know what to do...
1 1/2 hrs to fed and QQQ pushing to resistance...
My gut tells me negative reaction to fed report to get calls cheap then it rockets but that depends if it doesn't tank back to support prior to 2pm.
Basically the exact setup that happened to MSFT earnings.
Market looks like a fucking penny stock.
I hate to keep posting as a bearish negative Nancy but a gap up like that can't possibly keep going... can it?
Id love to go long and stop worrying about the fucking massive swings down but this past 24 hours is insanely volatile and i can't imagine the...
Ive been duped by bow league before so I hope to god its true this time but the little info weve got so far sounds really good (50% more added damage to base damage to bows and quivers getting damage love.
I just hope its not a toxic rain league instead of a real bow league with high pdps and...
Fed is going to be dovish with inflation expecting to ease in 2nd half of the year, shorts will cover for a big rally and we seasaw for apple earnings.
Perhaps r/investing is more your taste for big spreadsheets and revenue reviews by people with more experience?
Don't know exactly what you are expecting posting here.
Q1 earnings will be negative if they buy Activision... Interdasting.
Current earnings for acti is 600m so it will take 28.75 years at that rate to break even.
Tailwinds of the pandemic,zero interest rates with christmas sales... yeah they expected a lot more.
Apple is going to really send this market to hell.
Most likely its just more shorts covering like it was for yesterdays bounce. Still think we need to see earnings to see exactly where the trend will go.
Everyone is bullish it looks like, a little pop and everyone is loading up on calls thinking fed will reverse policy over a few days of red in the market just so the market can go back to ath 🤦
Interest rate will be .25 in March and fed will discuss run off later in the year.
Everything is...
https://www.cnbc.com/2021/09/10/apple-vs-epic-70percent-of-app-store-revenue-from-customers-playing-games.html
Apple made 72.3b of apple app store profits in 2020. With the ruling apple can't force developers from linking to 3rd party payment sites and lowering its massive 30% cut to 15% for...
If retail FOMO bought this and it tanks for last hour... oof.
I know theres gonna be a lot of people wanting to get in before MSFT earnings but not 2.5% in a rally.