i don't think this is the bottom...been making a killing shorting though...will flip to bullish when the bottom looks like it's in. Buying the dips works in the long run, but if you make your living trading, i don't recommend it.
Any dumbass can say "buy the dips and buy everything , and be ready for anything" holding up his stupid little dog and cute little factory race car. I also think anyone that says it does not matter who is president only has only half a brain or is brain damaged. I am out. This guy is a prankster.
He isn't wrong in the long term...just shorter term the market has much further to fall IMO...and i find it ridiculous that this channel has been promoting putting everyones hard earned cash at the market top, and trying to catch a falling knife. There needs to be more caution here, rather than "buy, buy, buy"...and the market keeps free falling.
To your point about "it doesn't matter who is president"..... in the economic and financial standpoint of the world....yes, it really doesn't matter at all. From a cultural standpoint, it sort of does matter. But the thing is this entire world...the modern culture we live in...it only exists because of a monetary system that prevents people from mass extermination.
The dollar is what keeps people civilized...and even with a dollar based monetary system, we still go at eachothers throats. Imagine if it all went away. The world would shift so quickly into an apocalypse. So, it really doesn't matter who sits behind the resolute desk, because the next president is just going to keep allowing the FED to print more and more and more. It's been like this for decades.
The Great Great Depression is here, Got Gold, Get Gold!
Six in 10 (60%) Canadians say people living paycheque to paycheque is today's norm, according to a report from H&R Block Canada. And while 26% say that the cost of living will shift down the road, 73% say that Canadians overall will suffer down the road by not having enough money put aside.
Apr 4, 2024
Our survey revealed that over 66% of Americans report living paycheck to paycheck. A recent Bureau of Labor Statistics weekly earnings report indicated a 3.5% year-over-year increase in median weekly earnings for the first quarter of 2024.May 30, 2024
MMRI crashing doesn't always mean stock market will instantly be propped up. As mentioned several times, it is a forward looking indicator. The market is taking profits because it is being told that the FED is coming in to buy it back up. These CEO's, Hedge Funds, Institutions are selling to bank those profits, and then when the market hits a floor (where they consider a floor), they will put all of that cash left on the side and buy.
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.
They are desperately trying to keep the fake charade market propped up. The sheeple think the economy is good solely based on what the stock market does.
How does the drop of 3.5 % in oil price even happen in one day with increasing potential of WW3. I’m sure it’s because everyone lost their jobs and are staying home or pitching their tents.
U.S. crude oil production stayed the same for the week ending July 26. Current weekly oil production in the United States, according to the EIA, is now on par with the all-time high of 13.3 million bpd.
No one wants to hold over the weekend. Iran could bomb Israel big time over the weekend. Monday morning could be WW3 fear crazy.
The Japan Yen carry trade also looks to be b*ggered. That is a big thing but most do not seem to understand its impact. What will Japan do on Monday morning? Defend the Yen or let their stockmarket crash? Someone is going to be on several zoom calls to Tokyo this weekend.
you are thinking in the false direction. its not a /// war /// markets dont like. the /// fear of a war /// is something markets dont like. So if something would start over the weekend markets would rise not fall.
This is not the time to be scared and sell, but rather to be greedy and buy.
The market is telling the FED that one rate cut is not enough --- it wants to see the FED slashing rates, therefore it is selling hard, discounting a mistake by Powell, who seems unsure on whether or not to cut aggressively.
This is a copy and paste from Lior Gantz of wealth research group
Bought more silver today. Also looking to add to existing stock positions. I like that 244 number. Dollar and interest rates will continue to drop as FED destroys the economy in an effort to control inflation.👍🏻
So you had said to but the dip. Do we keep buying, because I'm getting killed over here. 🙋
Nothing has changed. I intend to buy every dip across the board, not just the stock market, moving forward.
Greg, what are your thoughts on shorting oil?
dont do it. too much risk. just wait to buy.
Yellen said there would be no more crashes right? So it will keep going up and up and up?
wait for a bottom then buy in if you want to ride this monster...
.... I heard the circus was looking for a Knife Catcher - ba-dum 'crack-up-boom' crash!
Why are you trying to catch a knife Doug? Wait for a bottom then buy in IF you want to ride this monster...Can you read?
They don't teach "levity" on the bot farm.... btw are their salary raises higher than inflation?
i don't think this is the bottom...been making a killing shorting though...will flip to bullish when the bottom looks like it's in. Buying the dips works in the long run, but if you make your living trading, i don't recommend it.
Don't just buy blindly. Look at a chart and see support levels. I am looking to buy SOXL to trade it but I am watching support and moving averages.
Any dumbass can say "buy the dips and buy everything , and be ready for anything" holding up his stupid little dog and cute little factory race car. I also think anyone that says it does not matter who is president only has only half a brain or is brain damaged. I am out. This guy is a prankster.
there will always be poeple like you, you hate it when poeple are sucesfull so you have to put them down
He isn't wrong in the long term...just shorter term the market has much further to fall IMO...and i find it ridiculous that this channel has been promoting putting everyones hard earned cash at the market top, and trying to catch a falling knife. There needs to be more caution here, rather than "buy, buy, buy"...and the market keeps free falling.
To your point about "it doesn't matter who is president"..... in the economic and financial standpoint of the world....yes, it really doesn't matter at all. From a cultural standpoint, it sort of does matter. But the thing is this entire world...the modern culture we live in...it only exists because of a monetary system that prevents people from mass extermination.
The dollar is what keeps people civilized...and even with a dollar based monetary system, we still go at eachothers throats. Imagine if it all went away. The world would shift so quickly into an apocalypse. So, it really doesn't matter who sits behind the resolute desk, because the next president is just going to keep allowing the FED to print more and more and more. It's been like this for decades.
Hey Mitch, Really? Why are you HERE? If Greg is a prankster then bug out and don't come back. Get a life dude and disappear...
DCA
The Great Great Depression is here, Got Gold, Get Gold!
Six in 10 (60%) Canadians say people living paycheque to paycheque is today's norm, according to a report from H&R Block Canada. And while 26% say that the cost of living will shift down the road, 73% say that Canadians overall will suffer down the road by not having enough money put aside.
Apr 4, 2024
Our survey revealed that over 66% of Americans report living paycheck to paycheck. A recent Bureau of Labor Statistics weekly earnings report indicated a 3.5% year-over-year increase in median weekly earnings for the first quarter of 2024.May 30, 2024
MMRI crashing doesn't always mean stock market will instantly be propped up. As mentioned several times, it is a forward looking indicator. The market is taking profits because it is being told that the FED is coming in to buy it back up. These CEO's, Hedge Funds, Institutions are selling to bank those profits, and then when the market hits a floor (where they consider a floor), they will put all of that cash left on the side and buy.
A good moment for this would be when things get serious in Israel.
Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony
Trump’s recent speech on bitcoin and crypto embraced policies that will seek to mold bitcoin into an enabler of irresponsible fiscal policy and will employ programmable, surveillable stablecoins to expand and entrench dollar dominance.
https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/?ref=unlimited-hangout
Webb used to tout Bitcoin as I am sure you are aware.
Has she stopped accepting crypto donations?
They are desperately trying to keep the fake charade market propped up. The sheeple think the economy is good solely based on what the stock market does.
#Baaaa-aaaaa :<)
I doubt that most people believe the economy is good. I think a lot of them are desperately trying to keep their heads above water.
#WeTheSheeple
Another scammer. Please ban.
This one feels different
Aha! That was the line I used on the freshman co-eds back in the day. Worked every time
Except the past 10 times did not feel different
but remember it's not the truth its what you can make them believe is the truth.
Besides, once you learn to convincingly fake sincerity you're there
Besides, you can't complain, it's working for J. Powell
It seems to be working for Mannerino as well.
How so?
So MMRI don't work right now.... Got it 👍
How does the drop of 3.5 % in oil price even happen in one day with increasing potential of WW3. I’m sure it’s because everyone lost their jobs and are staying home or pitching their tents.
U.S. crude oil production stayed the same for the week ending July 26. Current weekly oil production in the United States, according to the EIA, is now on par with the all-time high of 13.3 million bpd.
Traders are responsible for a lot of it is my guess.
It's me, I'm buying all the debt
Lol
All a lie by the liars murders thieves peds Revolution needed
No one wants to hold over the weekend. Iran could bomb Israel big time over the weekend. Monday morning could be WW3 fear crazy.
The Japan Yen carry trade also looks to be b*ggered. That is a big thing but most do not seem to understand its impact. What will Japan do on Monday morning? Defend the Yen or let their stockmarket crash? Someone is going to be on several zoom calls to Tokyo this weekend.
you are thinking in the false direction. its not a /// war /// markets dont like. the /// fear of a war /// is something markets dont like. So if something would start over the weekend markets would rise not fall.
Starve the Beast! Make the Wall Street Banksters take their losses. Demand reinstatement of F.D.R.s Glass-Steagall Act.
I though the market goes up when 10 year yeild drops?
Yeah GM has only cost me $20k this week. It is my fault I bought his nonstop bullshit.
Bitcoin Distribution Chart
https://docs.google.com/document/d/1RzEI6a_oa29m-I_UDdeHW075Y4JXw7PRCQuG6SRsBiU/edit?usp=sharing
SPX Waterfall! Don't worry about this gap down. The gap will be refilled. Next stop for the SPX is in the 5266 area.
https://docs.google.com/document/d/1N4wWhZdeMLIeJv4t6w2Phli83tUYcWE9r5YOMAE5Lz4/edit?usp=sharing
BUY EQUITIES!
Are you running for the hills? DON'T!
This is not the time to be scared and sell, but rather to be greedy and buy.
The market is telling the FED that one rate cut is not enough --- it wants to see the FED slashing rates, therefore it is selling hard, discounting a mistake by Powell, who seems unsure on whether or not to cut aggressively.
This is a copy and paste from Lior Gantz of wealth research group
Bought more silver today. Also looking to add to existing stock positions. I like that 244 number. Dollar and interest rates will continue to drop as FED destroys the economy in an effort to control inflation.👍🏻
Fed trying to stop a cut artery with a band-aid. This all started in 1913.