58 Comments
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Brian M Gross's avatar

Mr. Gregory. Mannarino, thank you for another perfectly worded statement that not only is probably 90% of the time the case, but it’s exactly the case of the first quarter of 20 22 when Joe Biden opened his mouth. Everyone lost their shirt and then it popped right back but of course if you were on the wrong side everything was “ perfect. “ You ended up losing a lot. Thank you though Mr. Gregory Mannarino honestly if I could give you 10 grand, I would pull it immediately and put it in your pocket. You have done a lot for people. I hope they appreciate you as much as I do. Please forgive any misspellings I talk to text.

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Brook’s Golden State Of Mind's avatar

Greg I like the fact that you’re accurate and teach us well. Some other YouTubers fake a lot of stuff and say things I know are not accurate.

I’ve been listening to talk about Fed Now which is a payment service and I’ve heard lots of inaccurate remarks about it made . Fed Now makes transferring funds faster. I’m pretty sure the trust and Institution that I receive payments from on stocks and other investments around the world will use Fed Now . Fed Now will make payments instant . Thats one of the reasons I enjoy listening to you. Thank you. Accuracy matters!

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Dan T's avatar

I like the fact there are women in an otherwise male dominated area of interest. At my investment/trading service there are a good number of female members. Does this make me a feminist?

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Steve Buchanan's avatar

Thanks for this.

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Janet's avatar

Thanks Greg. I remember that old saying from years ago.

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Bill Michael's avatar

Thank You, Greg. Thank You. Do you EVER STOP WORKING...??? Please, be good to yourself.

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Andy's avatar

Thanks for the update.

Money never sleeps

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E R's avatar

Love IT !!! Chillax the weekend Greg. We GOT THIS !!!

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William Lester's avatar

old school methods 😁

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Wade's avatar

Is there any basis for the bullishness we're seeing?!

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Ol Hickory's avatar

Fed went back to QE and said they don’t plan on raising rates further

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Dan T's avatar

The speculators are still very short the market and there are still plenty of bears otherwise. I bet the specs get squeezed and this market runs up to a double top on the charts. Then look out below for a 80% correction. Afterwards hyperinflation.

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Wade's avatar

My strike is 410 on some long duration SPY puts. 410-415 just looks VERY frothy and I'm hesitant to exit the position at an early loss.

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Dan T's avatar

Sometimes you gotta cut your losses. It's not just about making money It's also keeping what you have. I have found it hard in the past to admit I was wrong and the market had a different idea. I am finally over that I think. Mental stops on options are not a bad thing.

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Dan T's avatar

QQQ for example is up nearly 15% the last six months and the trend is up. It is dangerous for us to impose our viewpoint on the market.

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chris kennedy's avatar

The VIX's complacency has had me wondering too. Great point GM

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Dan T's avatar

Is that what they call climbing a wall of worry? I think the big crash is yet a few months away.

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Dp's avatar

Thanks Greg!

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Dan T's avatar

The VIX can go alot lower. I am with the few looking for a market melt up or at least a strong bull run into maybe late summer or fall. Then look out you better be completely out or going short. I want to put some money into a leveraged short ETF at crash time but the rest is coming out of my accounts and into tangibles. It will probably be the last time you will be able to find silver and gold. When those that have been chasing the market get scared it will all be all bought up.

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trumpHELL666's avatar

I think you are 100% correct on all points. 💯👍

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Ryan Larsen's avatar

Thanks Greg I have been watching the charts and I agree with you and with the SPY position you put on this week. I know not all trades go exactly how we want them to right away but I have never met anyone else who has been more correct that you have when it comes to market moves.

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FuturesTrader404's avatar

If FRC gets bought out by a large bank, it could cause the market to explode on monday and tuesday, as short sellers cover their positions. However, I agree that the FED Rate Decision will be another 25 bps, and this will cause all regional banks to crater, putting extreme pressure on the market, especially if Powell says the wrong thing.

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Dan T's avatar

I understand there is a big short position to be unwound. If those smaller bank shares fall the major banks will rise and offset market decline. There will also be volume on that trade to boost the market. The FED will also have soothing words to bolster the market as they transition the banking system into CBDC.

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LJ's avatar

Also, "Sell in May and go away" ;)

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Kyle's avatar

Yes "look out below" is right as nothing has been fixed on a structural basis since 2008, just more exponential money printing. Good luck everyone!

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