Steven Kilgore

Personally, chip makers are probably down because something like 90% of the mewest/most advanced are made in Tiwan. China has really been rattling thw war sword over Tiwan recently.

The Dems have to make sure they squeeze every ounce of blood from the middle class.

Apple was more or less spot on, and they didn’tmove a whole lot off of the price they were at. Granted it was up 2 bucks in AH before earnings drop.

Man, Amazon up 11.9% AH, man is is rocketing up. Going to be interesting what apple does here shortly.

Have to love the Democrats main way to pay for this is “better IRS enforcement”. Yea, if they could magically wave a wond and everyone would pay up. Just an FYI, the biggest amount of cheating ia the child tax credit, something the “rich” sure aren’t claiming.

You, Biden, and Yellan are the only ones who think it will be positive.

Meta/FB was fairly bad with a miss.

Point is they didnt miss by much or at least Google didnt, the top line was almost right on par however EPS was off a few sence. The reason the markets like it is (if memory serves) neither adjusted guuidence during the quarter and all companies are expected to do noticeably worse due to inflation. Since it was a close miss that’s a good thing as opposeed to a 10-20% or more miss.

Its up 2.2% AH….

Amazon also had bad news hit this afternoon from an investment firm that they expect bad numbers on Thursday Amazon also had bad news hit this afternoon from an investment firm that they expect bad numbers on Thursday

It’s going to work until it doesn’t. Meaning, what happens when the next president pulls back all the credits and such to buy EV’s and it comes down to buying an ICE car or EV and there is a 10k+ difference in price.

Idk man, usually you have well thought out (back with data) statements. I would of thought down 2-5% by now from yesterdays disastrous CPI, but it’s been almost flat. If earnings this month doesn’t hammer the NASDAQ then I may have to start taking small long positions to keep. I have been taking small scalping postions here and there making $50-750 a day for a few weeks. Sometimes i don’t do any trading. But if earnings can’t knock this down it might be time to think long term again.

Have to say, I am surprised this is green and not negative 2-3-% right now. Will be interesting to see if it dumps in the las hour ish or can it hold.

And wake up broke

If for some reason this CPI comes out as say 4-5% range then maybe 13k. Otherwise I think it’s dumping tomorrow and on into Friday. Might be the final dump (capitulation)/might not. But that’s pretty much what it hinges on now.

Ouchie, this is the reason I go to cash every end of the day. I may miss some gains, but I also miss these big drops.

And his testimony will be a whole lot of nothing, just like the 100 people before him. We have 40 year high inflation, unaffordable housing, crime rate that are surging like never before, and a wide open southern boarder that has drugs and illegals flowing in at record rates. But no, lets spend years going over a hundreed morons that decided to carry protests to far. This a rehash of Russiagate that Dems careied on for 3 years that had zero meat to it.

CPI will be based on last month so may very well be the same or higher than last months. Next month should be lower either way. However, the problem with it being lower is because people cant buy things, so the flip side of the coin is companies are going to have very low or negative growth going forward because of suply chain and labor going way up.

Do be carefule here, we are at the very top of the downward channel. I cashed our, took my bit of gains and am sitting in cash now.

Not very likely, to reach that high it would have to break the downward bear channel and their is only a few hundred left until it hits the upper end. More likely is between CPI and 2nd quarter earning we see new lows in the next few weeks. If the earnings are bad enough it might have the capitalization needed to finally reach the bottom.

Not very likely, earnings season will be upon us soon. These companies migh have ok to even improved top line numbers but bottom line numbers are going to take a beating. Everthing to higher cost of labor to higher raw inputs is going to do serious damage to bottom lines.

That estimaion depends on a lot of factors. Could be as early as the 2nd inning or as late as the 6th. Unfortunately their is no way to know for sure until its over and we look back. Really no way to know on wild cards like Ukraine. Is Russia successful in choking off the Black Sea and most of Ukraines wheat production and this cause a world wide food disruption? Or does the war drag in and Europe has a massive energy sortage and thus a major recession? So many wild cards that could make this a multi year up to a decade or longer pull back. On the flip side Putin could die tomorrow from cancer, Russia thrown into turmoil, pulls put of Ukraine, Europe and US send 500 Billion in aid and Ukraine is back up and running at say 80-90% in 6 months to a year and this was just a small problem. Just wont know until we are on the other side looking back.

I know that feeling, somethimes i am just happy for a green day. Don’t always need a big gain just no loss.

I figured you backed up to December, but even on your chart the upper channel should be higher ish, almost up to 14k, if you really went off of the highes and not just an arbitrary top and bottom. But again, either of us could be right, it’s just how you set your perimeters. I figured you backed up to December, but even on your chart the upper channel should be higher ish, almost up to 14k, if you really went off of the highes and not just an arbitrary top and bottom. But again, either of us could be right, it’s just how you set your perimeters.

Pro life or not, as someone who leans to the right, I think it’s a horrible precedent to meddle in decisions over a womans body. But no matter what you think roughly 1/2 of the stats will have them and 1/2 will not. The overthrow of Roe v Wade does nothing but throw it back to the states.