Lol I just finished watching Closing Bell on CNBC on my Skybox. I treat it like a sports match so don't know what markets are doing going into it. Spoiler Alert....
...S&P has closed at a new record high.
Wow just . WTF happened to the mini meltdown a few days ago. And oil is back.
Monster (in relation to my modest means) dirty old oil dividends coming my way this month. There will be Dividends!!! (Oil movie reference)
looks like the mini meltdown is back anyway the volatility continues
here's bloomberg things to watch in 2022. im sure there be plenty other things pop up as well next year not listed in there take
What Could Possibly Go Wrong? These Are the Biggest Economic Risks for 2022
Coincidentally, I recently opined here that 4600 on the S & P 500 is a significant level, and ~ 4750 was the next level to watch on the bull trend. Well, this week it hit an ATH of 4745, but then reversed to 4595 (with the biggest 1 day fall this year) to sit back right on the significant level. Also leaving a Bearish engulfing pattern on the weekly chart. It seems that the market is treating those levels with some respect.
....and as at today this reasonably tight trading range (4600 - 4750) is STILL in play. The 4600 level especially is still being respected by the market, with the market bouncing off it today, yet again - making an intraday low.
....and as at today this reasonably tight trading range (4600 - 4750) is STILL in play. The 4600 level especially is still being respected by the market, with the market bouncing off it today, yet again - making an intraday low.
FED talk tomorrow could be direction setting??
4500 key level im watching.
another interesting thing at the moment is insider selling
SEC Chair Gary Gensler wants stronger insider trading rules as executive stock sales hit records
yes i like debt in a rising inflation environment it gets cheaper over time , and i dont see rates going to high this cycle. anyway markets didnt mind the fed slightly more hawkish tone
yes i like debt in a rising inflation environment it gets cheaper over time , and i dont see rates going to high this cycle. anyway markets didnt mind the fed slightly more hawkish tone
Or wait until the cycle turns down, investment assets drop in price and interest rates are brought down then load up on debt? Otherwise you could find yourself climbing uphill into a headwind with a heavy load.
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