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https://www.cnbc.com/2018/10/26/stoc...rian-says.html
El-Erian's comments yesterday--
Liquidity and divergence between US rates and others--he mentioned those in Europe specifically-- are his two factors
And he feels the Fed/Powell insistence on his plan to raise rates 4 times a year a definite disrupter
So nothing too new--
And again the liquidity factor -- I keep reading about that more and more
You really just shouldn't be in the stock
Market. You're an emotional mess that just barks out every headline on CNBC over and over and over again
It's pretty frightening.
You don't know how anyone is reacting to the market's activity in real life--
Calling someone "an emotional mess" for posting info on CNBC when that person makes a rational comment seems to upset you more than the poster was...
Maybe you shouldn't be on a thread asking if the bull market is over...
there are many analysts/talking-heads out there who think that this volatility is not necessarily a bad thing
That the market seeking a level to advance up from---
And if that happens then the bull isn't over---it just starts again from a lower base...
Like it did after the Jan/Feb decline and eventually worked itself to new high...
You don't know how anyone is reacting to the market's activity in real life--
Calling someone "an emotional mess" for posting info on CNBC when that person makes a rational comment seems to upset you more than the poster was...
Maybe you shouldn't be on a thread asking if the bull market is over...
there are many analysts/talking-heads out there who think that this volatility is not necessarily a bad thing
That the market seeking a level to advance up from---
And if that happens then the bull isn't over---it just starts again from a lower base...
Like it did after the Jan/Feb decline and eventually worked itself to new high...
When someone goes on and on and on and on with the same drivel everyday it's pretty apparent they are pretty worked up...the hyperbolic reactions and headlines get tiresome...
Lance Roberts said that when there are steep drops the levels that used to be supports to prevent the market dropping and held at certain times when market was selling for whatever reasons
Those same levels become resistance layers---and hamper the market from moving past them
The more often a level is tested either as a support or resistance the more difficult it seems to get through it into higher or lower territory...
So a certain level on the Dow or S&P or Nasdaq chart that was "friendly" earlier to help hold gains and momentum could become more "hostile" once it was breached by negative movement...
Made it more "real world" explanation--
Like swimming with the current or against the current--
Anyone who has done that knows it takes more strength and stamina to swim against a current, especially a strong one
And maybe that is redundant info to most of you who are more knowledgeable investors
GDP numbers come in at 830 this AM
That could be a help or not--
If that is lower than what was "anticipated" likely to push a steeper drop
Consumer confidence number comes in a little later
Will be interesting to see what they are and how market reacts...
EDITED to add this link--apparently GDP is good which might slow market drop--
But that is "old news" really and was factored in to the earnings just reported--which were "disappointing" based on expectations... https://www.cnbc.com/2018/10/26/stoc...p-for-dow.html
Stocks pared losses, however, after the Commerce Department reported the U.S. economy grew at a 3.5 percent rate in the third quarter, faster than economists had expected.
So Powell likely feels justified in his rate upticks for future...
Last edited by loves2read; 10-26-2018 at 07:06 AM..
GDP numbers come in at 830 this AM
That could be a help or not--
If that is lower than what was "anticipated" likely to push a steeper drop
Consumer confidence number comes in a little later
Will be interesting to see what they are and how market reacts...
EDITED to add this link--apparently GDP is good which might slow market drop--
But that is "old news" really and was factored in to the earnings just reported--which were "disappointing" based on expectations... https://www.cnbc.com/2018/10/26/stoc...p-for-dow.html
Stocks pared losses, however, after the Commerce Department reported the U.S. economy grew at a 3.5 percent rate in the third quarter, faster than economists had expected.
So Powell likely feels justified in his rate upticks for future...
When someone goes on and on and on and on with the same drivel everyday it's pretty apparent they are pretty worked up...the hyperbolic reactions and headlines get tiresome...
lol, All I can picture is someone running around with their hair on fire, spilling coffee all over the place.
Unless you're day trading, relax, most of us are in this for the long haul.
Consumer confidence number comes in a little later
Consumers will be getting less confident soon as they see the equities market plunging.
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