Haha man... have you looked at Chevron, Exxon, and Devon. KO, just days ago, hit an all time high... and while I was skeptical, he hit on IBM as well. Take it easy big man.
It's called a technical correction... 🤣Don't forget DVN, IBM, GS, BAC, JPM, CVX, PDBC, MO. Question is, how come nobody is buying these aggressively if they are "on sale"?
I do not see the 10YY rising any higher. I think Greg is right, and it will hang around 3% or decline very slowly, because the historical sentiment of the 10YY is extremely high right now. The FED can't keep hiking rates or else the overall historical sentiment of the 10YY will over correct on the downside. However, I am seeing the DXY continuing to put on more strength, so I think the "Fear Trades" are just beginning with steady (or lower) 10YY and higher DXY, over the next several months.
One of the more ridiculous days I think we have seen throughout this pullback/technical correction. Market was finally able to breakout. Closed above that critical 4150 level on the S&P 500 so hopefully market can build off today or just spiral lower tomorrow. One thing is for certain, volatility bound to continue with the criminal fed speaking this week...
Don't forget about that VIX-spike!
how's KO looking? HPE? Your batting average sure looks to be below .500...
Haha man... have you looked at Chevron, Exxon, and Devon. KO, just days ago, hit an all time high... and while I was skeptical, he hit on IBM as well. Take it easy big man.
It's called a technical correction... 🤣Don't forget DVN, IBM, GS, BAC, JPM, CVX, PDBC, MO. Question is, how come nobody is buying these aggressively if they are "on sale"?
PDBC, 11 million shares traded today up from the 8 million average.
Thanks for the midday update, you are appreciated.
I do not see the 10YY rising any higher. I think Greg is right, and it will hang around 3% or decline very slowly, because the historical sentiment of the 10YY is extremely high right now. The FED can't keep hiking rates or else the overall historical sentiment of the 10YY will over correct on the downside. However, I am seeing the DXY continuing to put on more strength, so I think the "Fear Trades" are just beginning with steady (or lower) 10YY and higher DXY, over the next several months.
One of the more ridiculous days I think we have seen throughout this pullback/technical correction. Market was finally able to breakout. Closed above that critical 4150 level on the S&P 500 so hopefully market can build off today or just spiral lower tomorrow. One thing is for certain, volatility bound to continue with the criminal fed speaking this week...
BREAKING: Foreclosures Up 181% in One Year – Home Sales Down 12.6% vs. Last Year
Excellent. Love having mid day updates. Thanks.
https://www.google.com/amp/s/www.dailymail.co.uk/news/article-10774235/amp/Ukraine-war-Russian-state-media-threatens-UK-underwater-nuke.html
I don't know if the yields matter much with this
UK was good place for a drink .. oh well
He is probably getting away with hyperbole because Putin is having cancer surgery.
thanks for the update greg love the newsletter thanks for everything u do
Thank for this mid day report
Eyes are peeled
Thanks a bunch Greg
Appreciate the updates, Boss!
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How are gold and silver under pressure, I don’t get it
Got it! Thank you.