i am sticking with down 40% off the top this quarter and maybe a lot more for this year. my reasoning is i don't think there is any more money left to be printed, if they do print the markets will go up, but you will need wheel barrels of money to pay for food.

i just checked the volume, not enough of it to break lows right now

Amazon saves the day....for now I guess

Stock is up over 400 points after hours for a 15%+ move higher

S&P futures went from 4462 all the way up to 4506 all due to AMZN after the regular close

GIANT reversal in S&P futures since Amazon reported...from a low of 4462.25 to now sitting at 4518

I guess the next big move will be tomorrow when the jobs report comes out at 8:30am ET

$250 BILLION in market cap created in mere minutes...what a world...:lol:

The Futures looked great before I logged off last night...

Amazon had a big influence in that..


This morning...


NOT!!!!

Facebook really screwed a lot of people who thought the 100d MA was secured on Wednesday.

I'm not making anymore pinpoint predictions other than to say, I think this market is heading straight to 4212 and below.

Those job numbers today do nothing but put MORE pressure on the Fed to raise rates more than they thought they would have to. So right now, the market (which moved up about 40pts on the S&P since the jobs numbers) either thinks those numbers are fake, or they are just suckering in the last bit of suckers before it marches down down down.

Debt
 

An article came out in Quartz explaining that the debt is not 30 trillion, but "only" 22 trillion. Like that explains away something.
It means that each person in the US owes 67K. And at only 3% to carry it, that means the first 2k of federal taxes paid every year is to carry that debt. That's 2k for Bezos, the guy who hands you fries through McDonald's window, each homeless person and each US college student.

i believe FEDS will wait till 1nd qtr earnings...

with Christmas numbers gone ....1st qtr will be another story...or NOT


Don't quit PA....love your posts

those job numbers are bullshit.....

its all the people that took advantage of stimulus checks and unemployment benifits...

IT RAN OUT.....NO CHOICE BUT TO GO BACK TO WORK!!!!

Texas Senator Ted Cruz bought Bit Coin on January 24th. Senator Rick Scott, the richest man in the Senate, just loaded up with Treasury bonds.

unusual to see these guys invest in things other than stocks.


in my life, i would never buy into the Crypto, but would do i know. Ted Cruz had perfect timing on this move on Bit Coin.

Contradicting that the Senator is buying Treasury's and others are buying tech stocks....

:confused: