NASDAQ Composite (^IXIC)

Bob
19 hours ago
$^IXIC conversation
I officially declare the near term bottom was in today. We could see more selling near the end of year when China locks down again, but it came very close to support (3,800 for $^GSPC and 11,000 for the Nas) and bounced right off, twice. All technical analysts know this, and so do all AI. The algos will be pushing this back up. Time to close short positions and go long, kids. $AMZN rallied, and $AAPL $140 support held.

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Really? 37% presidential approval today in media?

They are all a mafia of liars, like the faked war to feed their weapon factories, plundering middle class people's money from 401K pension plans with wicked artificial oil prices, high rates, unbearable housing costs and provoked famine.

Soon we will see is an outburst of riots around the world and people dusting off the guillotines worse than at the French revolution.

I don't think the mummy puppet & co. gonna survive this.

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The Fed is raising rates and set to start QT next week. Snowflake fell 68% from its highs and still has a PE of N/A. Does that sound like an opportunity to buy given the current monetary environment? HELL NO!!! You should've known better...

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This too shall fade...

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Buyer strike... DON'T FIGHT THE FED!

Or else, you'll get caught in the fade...

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One year ago!!!

Mike last year
$^IXIC conversation
HMMM, the US government is now the largest holder of corporate bonds buying 120 billion dollars worth a month! And all the sudden yields are rising and stocks that retail investors bought will start crashing and the fed says don't worry its normal and like lemmings you will follow powell right off the cliff and the big dogs will once again eat the retail investor for lunch!!! Get Out!!!

I hope that everyone has read Chapter 1 & 2 from the book "The Intelligent Investor" on Investment vs. Speculation & Inflation. You will understand where the market currently is and what will happen in the near future with increasing inflation and eventual increase in interest rates.

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Shiller P/E is 33+ on the S&P500. This market is WAY overvalued.

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Massive demands for travel coming in March... Summer of 2021 will be a record for air travel... Thanksgiving and Christmas will be off the charts...

All Airlines will return to pre COVID-19 levels in a record level...

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"Powell likely going to have to raise interest rates."

Yes. As inflation increases, the way to curb it is through raising interest rates. The fed originally stated that rates weren't going to rise until at least 2022. However, it seems that we may see a rate increase sooner than expected.

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COVID deaths up. We will be hitting records in the next few days. Deficit spending up. Companies have decreased earnings, yet markets are at ATH. This is a classic bubble folks. S&P500 is worth half of what it is today, based on the Shiller P/E.

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Judge should overturn the tax free unemployment income from 2020 next. It's theft to get 10k and not pay any tax while someone who works for 10k must pay tax.

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FIRST TIME SINCE OCTOBER OF 2020 NO POSITIVE CASES OF COVID-19!!!!

Where do you think the traveling industry is heading???

BUY the Airlines!!!!

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