Economy crash =/= stock market crash?

Type_45

Strong rally today. There will be face-ripping rallies before the bust which will pull in money from the sidelines.

Type_45

masonic said:

Up 1% just after markets open this morning, cancelling out much of the dip that occurred just before markets closed yesterday.

However, let's not forget...

adindas said:

Also, normally Friday is not a good day for the stock marker as the traders especially with leverage tend to close their position to avoid weekend fees.

The Friday Phenomenon certainly doesn't hold true today! 

lozzy1965

Type_45 said:

Strong rally today. There will be face-ripping rallies before the bust which will pull in money from the sidelines.

Have you commented on the interest rate prediction thread?  You're good at telling us what has happened and asserting what will happen.

renegade1

FTSE 100 up 2.68%. Type_45 was extremely motivated to share this with you all but he's having some IT issues. 

GSP

Any reason on the driving force on the better day?

Type_45

GSP said:

Any reason on the driving force on the better day?

I think I read that the markets are now expecting the FED to pivot. I haven't looked any further into it and may be wrong.

masonic

Reasons are always just speculation anyway. Traders and market makers don't state a reason they set or accepted the agreed price for their trade when they buy or sell. News that is coincident with price movements is always a likely suspect, but news can be interpreted in different ways.

coastline

masonic said:

Reasons are always just speculation anyway. Traders and market makers don't state a reason they set or accepted the agreed price for their trade when they buy or sell. News that is coincident with price movements is always a likely suspect, but news can be interpreted in different ways.

Agree many a time the news is totally negative but investors look to the future. Buy when prices are lower. This week they must have been looking at my indicators . 
Stochastic low around 3700 and up we go . A few things to note here see how Fridays move closed one of those gaps in trading . The next one is around 4050 . If the majority of trades are computer led , Algos , then this will be one of the many permutations built in. Old highs , lows , moving averages , list will be a fair old size . Not that I understand it all but I never ignore it. Yesterdays volume in Grey below the price chart was also a fair size . There's six higher grey volume bars on there this year and all have signalled a rally of some sort. We might be in for something upwards but how long ? The Stochastic itself has been fairly accurate to be fair this year despite the gloom. Aprils low call was out but the rest would have more than compensated for that. Junes sell call at the high 4100 and this weeks buy 3700 that's 10% and buying cheaper.

$SPX | SharpCharts | StockCharts.com

I mentioned 3800 a while back as it was a low on the Weekly Stochastic for a decent entry point longer term. They don't come around every year. Still it could all breakdown with future earnings reports in the 2nd half of the year.

$SPX | SharpCharts | StockCharts.com

Type_45

coastline said:

masonic said:

Reasons are always just speculation anyway. Traders and market makers don't state a reason they set or accepted the agreed price for their trade when they buy or sell. News that is coincident with price movements is always a likely suspect, but news can be interpreted in different ways.

Agree many a time the news is totally negative but investors look to the future. Buy when prices are lower. This week they must have been looking at my indicators . 
Stochastic low around 3700 and up we go . A few things to note here see how Fridays move closed one of those gaps in trading . The next one is around 4050 . If the majority of trades are computer led , Algos , then this will be one of the many permutations built in. Old highs , lows , moving averages , list will be a fair old size . Not that I understand it all but I never ignore it. Yesterdays volume in Grey below the price chart was also a fair size . There's six higher grey volume bars on there this year and all have signalled a rally of some sort. We might be in for something upwards but how long ? The Stochastic itself has been fairly accurate to be fair this year despite the gloom. Aprils low call was out but the rest would have more than compensated for that. Junes sell call at the high 4100 and this weeks buy 3700 that's 10% and buying cheaper.

$SPX | SharpCharts | StockCharts.com

I mentioned 3800 a while back as it was a low on the Weekly Stochastic for a decent entry point longer term. They don't come around every year. Still it could all breakdown with future earnings reports in the 2nd half of the year.

$SPX | SharpCharts | StockCharts.com

I think the Fed will pivot in Q3.  What "pivot" will look like I don't know.  It could just be a pause in tightening, or it could be printing more money.  But this time it will be doing it when inflation is running at ~9%-10%.  When this happens the markets will melt up.  Money will be made by equities investors.  And it will raise most other boats too.

The downside is that it will all collapse.  And that means the USD, along with equities and most other things.  I think the downside will be 80%.  More conservative estimates are 60%-70%.  Regardless, you really don't want to be in equities when that happens.

Adyinvestment

Ah okay, so you have changed your mind then.

This isn't the huge crash you have been hyping about for 100 pages.

But it will happen one day...