The worse the economic news, the higher the stock market will go. At first it was a logical concept to grasp, because the worse the economy, the more they needed to print money to make the problems disappear. But recently in the past nine months I disagreed.
How in the hell can the human race keep lasting this long with their head in the sand?!
The one thing that is needed over anything else is to go back to just a small portion of rationality and realization. This right now feels like the Great Depression, the DotCom Bubble, the 2008 Bubble all wrapped into a single entity but the feeling as if it will never happen.
This article was posted yesterday evening, and look at the direction the market has taken. It's not over and I'm sick of it. I'm sick of being forced into believing that irrationality is the new rationality.
It’s musical chairs - and they announce when the music stops playing. They can prolong it until they are ready for it stop. I don’t think they are stopping yet, either. Maybe later this year? But definitely during trump’s reign. So that way - all the deceived Christians can learn the hard way - not to put your faith in mere humans.
Hi Illumin, do not worry, as the digital printing presses are greased and ready to go. Biden has his head up Obamma's butt, as Barack makes all the decisions. They are trying to hamstring 47. This will result in printing money to the moon. What else can they do??? So, invest as if it is 2022,23,24 all over again. Obey The Pug!
Not time to dump yet, tho, and yes you are 100% right. But I'm staying long for now and will hodl all crypto, except if it hits 108k again, and it will, I'm skimming profits and buying stocks if we get a correction there.
He did punk out, so whoever said that has some cred to critize the move. It cost many of gregs sheep money. Not me, I stuck, but heeded Greg, slowed down and bought the stuff we like modestly, and only on dips.
No bitterness, Greg has called Trump supporters losers, crushed and berated a girl named Amanda on a live a few weeks ago, Greg is an immature bully and he puked on that call. He has sheep that blindly follow him judging by the comments on these blogs by the nee majority of his viewers. He has caused a few people I turned Greg onto , into "im never watching Greg again:
I think Greg is unnecessarily emotional about the markets, trades, and the general economy at large. He says he doesn’t buy the governments numbers, but when something is cratering, like manufacturing numbers or something, suddenly he finds reason to believe the numbers once again.
I get it, but the numbers are what they are. The numbers never changed, only the calculation did. So either believe it all or believe nothing, instead of cherry picking data.
Same with his MMRI - touts it’s the best tool out there on many streams, only to come back and say that it’s just ONE tool and needs to be taken with a grain of salt. Come on…
He does call out people directly in his streams, not exactly professional IMO considering he has a significant public platform.
Bottom line, he freaked out when his MMRI went into the red recently, sold his portfolio incl. JEPQ only to come around a week later to say he’s dipping his toes in back again after nothing really changed in the markets, especially JEPQ. So where’s the rationale, other than he got scared and put everyone on notice.
I thought we were in this together, so if he’s selling, expect others to follow suit. Not everyone on here is a millionaire like he is and can afford to take the same trades on a whim if he FEELS emotional about the markets.
Let’s see if the market redeems him this week/month…
Greg, you know there are a lot of people who trust in everything you say. I think you scared a lot of people (not me) out of the market where they could of made big gains. That's all Bad396 was stating imo
They used yo be outright, lions we are doing this. After sec jumped on him, the code for you should do this is, Hey Lions, here's what I'm buying or selling to avoid issues with sec. Everybody that been here a few years knows that. If you reply and I don't answer, it's just cause I'm swamped today.
What a joke! One week ago you were out of the market and staying out! Now, 1 week later, 700 shares of JEBQ now bought back in to market. Thanks for your great advice Greg, nothing like changing your mind and paying attention to your own so called fantastic MMRI risk indicator. We can't all be like you Greg! Certainly don't have your $$$ to jump in and out like a YoYo!
I don't give a shit about you moving your money around in the market, what I do care about is the fact that you changed your mind against your own so called fantastic MMRI. Thats what pisses me off, listening to you constantly repeat yourself, Im not the only one that hears the same thing day in and day out. Im through with your youtube BS!
Ten year yield over 4.60%, I’m gonna sit this out. Risk/reward seems pretty low now. Maybe the market can gain another 20% this year, but I think potential losses are well over 50%
That chart you posted of the Fed funds rate plateauing a year or two before every crash shows we’ve probably got less than a year left. There’s probably some more gains in stocks, but I’m not picking up pennies in front of a steamroller
MMRI is creeping up but the Fed is interjecting and pushing it down. Is this them buying treasury notes since no one else wants to buy our debt? Especially China
I just checked JEPQ's record. Today's open was 57.56. It's 52 week price range was 47.67 - 58.21. That's a range of $10.54. At the open it was trading $.54 below it's previous highs during the past year. The dividend yield is 9.28%. All of the stocks held by this fund are up except for AAPL and NFLX.
So you would feel better if he put in $Millon with the uncertainty that the market could tank tomorrow. You don’t go all in with a depression around the corner.
Yes i know he bought 350 last week too but considering he was completely out of market last week that’s only putting in $40,000 into market. I thought since he was 60 including retirement ac & everything he would be worth a fortune
Mannarino has been right from the beginning.
The worse the economic news, the higher the stock market will go. At first it was a logical concept to grasp, because the worse the economy, the more they needed to print money to make the problems disappear. But recently in the past nine months I disagreed.
How in the hell can the human race keep lasting this long with their head in the sand?!
The one thing that is needed over anything else is to go back to just a small portion of rationality and realization. This right now feels like the Great Depression, the DotCom Bubble, the 2008 Bubble all wrapped into a single entity but the feeling as if it will never happen.
This article was posted yesterday evening, and look at the direction the market has taken. It's not over and I'm sick of it. I'm sick of being forced into believing that irrationality is the new rationality.
https://www.wsj.com/economy/jobs/job-search-workers-unemployment-months-5a4cfcee?st=NFJhCZ
It’s musical chairs - and they announce when the music stops playing. They can prolong it until they are ready for it stop. I don’t think they are stopping yet, either. Maybe later this year? But definitely during trump’s reign. So that way - all the deceived Christians can learn the hard way - not to put your faith in mere humans.
I choose myself, what I do, my business, not hang for dear life to fascist nor communist, a rope dished out to me.
Hi Illumin, do not worry, as the digital printing presses are greased and ready to go. Biden has his head up Obamma's butt, as Barack makes all the decisions. They are trying to hamstring 47. This will result in printing money to the moon. What else can they do??? So, invest as if it is 2022,23,24 all over again. Obey The Pug!
Not time to dump yet, tho, and yes you are 100% right. But I'm staying long for now and will hodl all crypto, except if it hits 108k again, and it will, I'm skimming profits and buying stocks if we get a correction there.
“You’re back in the market? I can’t believe it! I thought you were out! This guy is a fraud!” -Signed, average moron in the comments 😂🤣
Thanks for the heads up on this!! Hope you’re having a blessed morning
He did punk out, so whoever said that has some cred to critize the move. It cost many of gregs sheep money. Not me, I stuck, but heeded Greg, slowed down and bought the stuff we like modestly, and only on dips.
“Punk out?” I don’t understand… he is open with his trades… he told everyone what he’s doing and continues to do so…
He “cost people money?” Exactly how? If they’d been following Greg for a while, they’re all pulling profits…
Calling Greg’s people sheep and not LIONS shows that you’re a bit bitter, but why? 🤷🏻♂️
No bitterness, Greg has called Trump supporters losers, crushed and berated a girl named Amanda on a live a few weeks ago, Greg is an immature bully and he puked on that call. He has sheep that blindly follow him judging by the comments on these blogs by the nee majority of his viewers. He has caused a few people I turned Greg onto , into "im never watching Greg again:
Bad396... how about not getting all triggered about what I say or do? Give that a try.
I think Greg is unnecessarily emotional about the markets, trades, and the general economy at large. He says he doesn’t buy the governments numbers, but when something is cratering, like manufacturing numbers or something, suddenly he finds reason to believe the numbers once again.
I get it, but the numbers are what they are. The numbers never changed, only the calculation did. So either believe it all or believe nothing, instead of cherry picking data.
Same with his MMRI - touts it’s the best tool out there on many streams, only to come back and say that it’s just ONE tool and needs to be taken with a grain of salt. Come on…
He does call out people directly in his streams, not exactly professional IMO considering he has a significant public platform.
Bottom line, he freaked out when his MMRI went into the red recently, sold his portfolio incl. JEPQ only to come around a week later to say he’s dipping his toes in back again after nothing really changed in the markets, especially JEPQ. So where’s the rationale, other than he got scared and put everyone on notice.
I thought we were in this together, so if he’s selling, expect others to follow suit. Not everyone on here is a millionaire like he is and can afford to take the same trades on a whim if he FEELS emotional about the markets.
Let’s see if the market redeems him this week/month…
Knowing Greg personally, I can tell you he isn’t a bully. He holds strong opinions and isn’t afraid to share them.
Either way. I wish you the best. Have a blessed and meaningful day, back to my BBQ 😄
Bad396 is a funny guy, gets all out of control about what I say, do, its amusing.
Greg, you know there are a lot of people who trust in everything you say. I think you scared a lot of people (not me) out of the market where they could of made big gains. That's all Bad396 was stating imo
Indeed. On his advice I sold my average of $52/share for $55-56 when he sold his, now only to get back into it at $57. Stupid recommendation IMO.
These aren’t recommendations, these are simply what HE is doing. 🤷🏻♂️
They used yo be outright, lions we are doing this. After sec jumped on him, the code for you should do this is, Hey Lions, here's what I'm buying or selling to avoid issues with sec. Everybody that been here a few years knows that. If you reply and I don't answer, it's just cause I'm swamped today.
Enjoy your day!! I understand where you’re coming from.
Greg "punked out" at the top of the markets in mid-December. He is now buying back in small amounts at a lower price. Looks like a win to me.
Ill give it a try!
You said you were out of the Market! You must have been talking about Wegmans.
What a joke! One week ago you were out of the market and staying out! Now, 1 week later, 700 shares of JEBQ now bought back in to market. Thanks for your great advice Greg, nothing like changing your mind and paying attention to your own so called fantastic MMRI risk indicator. We can't all be like you Greg! Certainly don't have your $$$ to jump in and out like a YoYo!
The real joke is how people like you get absolutely triggered about me moving money around in the market. Absolutely hysterical.
I don't give a shit about you moving your money around in the market, what I do care about is the fact that you changed your mind against your own so called fantastic MMRI. Thats what pisses me off, listening to you constantly repeat yourself, Im not the only one that hears the same thing day in and day out. Im through with your youtube BS!
So let me get this straight. You do not care what I do but what I do freaks you out.... Ok, got it.
Ten year yield over 4.60%, I’m gonna sit this out. Risk/reward seems pretty low now. Maybe the market can gain another 20% this year, but I think potential losses are well over 50%
Risk is high. I do not blame you. I am just slightly stepping back in. I may have to get out fast as well... lets see how it plays out.
That chart you posted of the Fed funds rate plateauing a year or two before every crash shows we’ve probably got less than a year left. There’s probably some more gains in stocks, but I’m not picking up pennies in front of a steamroller
I totally get it. I am 1. prepared to be wrong and 2. because of that, I am ready to get out of the market if need be.
Yea if you can time it then all the power to you, but I’d rather be a year early than a day late
Greg, you say 350 is a small position, please tell me what how many shares approximately would you consider a large position. Thanks
Greg, you say small position is 350 shares, please tell me for you what is considered a large position, thanks
MMRI is creeping up but the Fed is interjecting and pushing it down. Is this them buying treasury notes since no one else wants to buy our debt? Especially China
I just checked JEPQ's record. Today's open was 57.56. It's 52 week price range was 47.67 - 58.21. That's a range of $10.54. At the open it was trading $.54 below it's previous highs during the past year. The dividend yield is 9.28%. All of the stocks held by this fund are up except for AAPL and NFLX.
Hit 52 week high. Bought when you bought! 👍🏻
Is that all 350 shares ? That’s just $20,000
I mean I thought you would have a much higher net worth & would be playing around with much larger figures
Just dabbling. I may be wrong here, being cautious.
So you would feel better if he put in $Millon with the uncertainty that the market could tank tomorrow. You don’t go all in with a depression around the corner.
Nibbling 350+ 350 he bought last week. Waiting for MMRI to make up its mind (Fed gonna QE or not)
Yes i know he bought 350 last week too but considering he was completely out of market last week that’s only putting in $40,000 into market. I thought since he was 60 including retirement ac & everything he would be worth a fortune
I bought more gold.
Thanks for the HEADS-UP on JEBQ
Thanks Greg!!
What will it take to get you back in 100%
A WHOLE LOT MORE.