Checking with you Greg, I wasn't sure what to do but thanks to you, I know what I'm going to do. You have saved me & I want to Thank You for all you do!! I was almost down to a thousand, with some deposits made. I just kept losing but now I'm around $5. I can always count on you to keep me on track. Love you Greg.
I think we're gonna see some seriously flat moving stocks, etf's, metals, etc until either a new stimulus package is actually passed OR the market gets a STRONG PULL BACK to force the Fed's hand. The FOMC minutes yesterday was OBVIOUS that the FED is putting the weight on congress to act before it does on this round. Everyone was looking for "yield curve control". Nope. Notice the game they're playing here? See the little tug of war with the DXY and 10Y? Each keeping each other in check, not allowing the market to move. I have to say, watch out for that 10Y creeping up like it did the past few days. We get about .75 or .8 and watch out. Back above 1.0 and watch out below OR the FED stepping in to reverse course. Like Greg is ALWAYS saying, get on the "other side" of that trade. Well, there sure seems to be A LOT of DOLLAR BEARS right now. I mean A LOT. Not saying the end game isn't to kill the dollar, BUT we need to remember, that one way to DO THAT is to spike the dollar and put a serious SQUEEZE on everyone to sell assets. Get it? Dollar goes UP, deflation kicks in, people start to sell and then WHALES come in and BUY. Without more stimulus or fiscal change SOON, we're gonna either see a dead calm or continued sell off and maybe a larger one to get the FED to act before congress. Which, in my opinion will NOT happen. It's pass the hot potato here. The last stimulus was already eaten and new one priced in....and it's not even here. Thoughts?
Interesting. Would like to read the reasons you say that the Fed won't act before congress beyond pass the hot potato. They've clearly shown an appetite for unlimited stimulus and debt this year.
Simple. Democrats want Trump out. Only way to do that is to CRASH THE MARKET. Fed knows this. They have to find a way to thread the needle over the next several months and make it look like it's NOT THEIR FAULT, putting the blame on Congress's failure to act or the current administration....or both. Bottom line is that although the market keeps hitting new highs, it has become abundantly clear even to idiots that QE does not work. Thousands figuring this out hourly. Fed knows this too. Last one holding the bag of shit in the end will be to blame. FED will hold until Congress makes a move. Market will react as usual, BUT something else is planned between now and NOV. What I have no idea, but you feel it. We ALL FEEL IT and it will either accentuate the effects of Covid OR be a whole new thing. My bet is a whole new insanity. Think about what they've achieved in just six months?? Shut down the whole planet. Makes 911 seem like tinker toys. Hitler and Goebbels are thinking, "why the FUCK didn't we think of that? GENIUS. A virus that makes everyone willingly give up all their rights and freedoms." Either way more distractions are needed and that right soon.
I was just talking to my wife about this. Got down on myself for not holding longer for more profit. Really really needed to hear this. Thank you for everything you do... 💯🙌🙏
airline stocks? people need to start flying again someday? hmmmm. All rated F on schwab. I suspect the world opens up "miraculously" right after the election. Any thoughts on airline stocks from my friends on this chat?
I need to get an eight foot long banner made with that reminder on it, and hang it on the wall above my computer monitor! :)
Checking with you Greg, I wasn't sure what to do but thanks to you, I know what I'm going to do. You have saved me & I want to Thank You for all you do!! I was almost down to a thousand, with some deposits made. I just kept losing but now I'm around $5. I can always count on you to keep me on track. Love you Greg.
I think we're gonna see some seriously flat moving stocks, etf's, metals, etc until either a new stimulus package is actually passed OR the market gets a STRONG PULL BACK to force the Fed's hand. The FOMC minutes yesterday was OBVIOUS that the FED is putting the weight on congress to act before it does on this round. Everyone was looking for "yield curve control". Nope. Notice the game they're playing here? See the little tug of war with the DXY and 10Y? Each keeping each other in check, not allowing the market to move. I have to say, watch out for that 10Y creeping up like it did the past few days. We get about .75 or .8 and watch out. Back above 1.0 and watch out below OR the FED stepping in to reverse course. Like Greg is ALWAYS saying, get on the "other side" of that trade. Well, there sure seems to be A LOT of DOLLAR BEARS right now. I mean A LOT. Not saying the end game isn't to kill the dollar, BUT we need to remember, that one way to DO THAT is to spike the dollar and put a serious SQUEEZE on everyone to sell assets. Get it? Dollar goes UP, deflation kicks in, people start to sell and then WHALES come in and BUY. Without more stimulus or fiscal change SOON, we're gonna either see a dead calm or continued sell off and maybe a larger one to get the FED to act before congress. Which, in my opinion will NOT happen. It's pass the hot potato here. The last stimulus was already eaten and new one priced in....and it's not even here. Thoughts?
Interesting. Would like to read the reasons you say that the Fed won't act before congress beyond pass the hot potato. They've clearly shown an appetite for unlimited stimulus and debt this year.
Simple. Democrats want Trump out. Only way to do that is to CRASH THE MARKET. Fed knows this. They have to find a way to thread the needle over the next several months and make it look like it's NOT THEIR FAULT, putting the blame on Congress's failure to act or the current administration....or both. Bottom line is that although the market keeps hitting new highs, it has become abundantly clear even to idiots that QE does not work. Thousands figuring this out hourly. Fed knows this too. Last one holding the bag of shit in the end will be to blame. FED will hold until Congress makes a move. Market will react as usual, BUT something else is planned between now and NOV. What I have no idea, but you feel it. We ALL FEEL IT and it will either accentuate the effects of Covid OR be a whole new thing. My bet is a whole new insanity. Think about what they've achieved in just six months?? Shut down the whole planet. Makes 911 seem like tinker toys. Hitler and Goebbels are thinking, "why the FUCK didn't we think of that? GENIUS. A virus that makes everyone willingly give up all their rights and freedoms." Either way more distractions are needed and that right soon.
Enjoyed reading your analysis. Agree that we're about to get some big distractions 🦁
Anything can happen at this point and I feel the same way about the dollar . Will go up before goes down?
It looks like our trades are getting ready to take off! We're in a good position! Thanks for all your help Greg!
👍🤓
I was just talking to my wife about this. Got down on myself for not holding longer for more profit. Really really needed to hear this. Thank you for everything you do... 💯🙌🙏
airline stocks? people need to start flying again someday? hmmmm. All rated F on schwab. I suspect the world opens up "miraculously" right after the election. Any thoughts on airline stocks from my friends on this chat?
The only thing I know about airlines stock is that they are in a huge debt .i will buy airports stocks instead but is my opinion !!
Very good! My rule number ONE is: Ohne Kohle kannst Du niemandem in den Arsch treten ...
It is very true. GREG .NEED MORE LIKE YOU IN TODAY'S WORLD !!!
DO you consider that there is a selloff??
Very hard to do than to say...speaking about my self. I am getting better with you
I now have that on my desktop. Appreciate all your help Gregory.
Amen Brother thanks we need more people like you in the 🌎 I hope I make you proud one day 🙏
I need to read that over and over
I have a question that is been in my head . How good is silver or gold ( as store of value)if we going into digital world LONG TERM ?
I own both metals because is the only real money historically .
Then I think is just a bunch of metals Doing nothing . I guess that is the reason I also got into crypto
Also you add that the price of this metals has been manipulated for decades.. what change now ?
Very True, Yes Sir!!!