[QUOTE=Willie23;7290913]We are living in the post-truth era.[/QUOTE]I hope that fireman finds out that the trump thing was a hoax.
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[QUOTE=Willie23;7290913]We are living in the post-truth era.[/QUOTE]I hope that fireman finds out that the trump thing was a hoax.
[QUOTE=Admin2;7290489]The US just lost their last AAA rating when Moody's downgraded them so most pension funds will need to divest themselves of treasuries. Farms are still going out of business by the thousands and the only reason the market is up is because somebody whispered in his ear that if he doesn't want to be as famous as Kennedy it was time to stop playing Monopoly with the economy.
Oh yeah, Republican rejected his budget because his deficit was way larger than any from Biden. I thought Doge, and closing all the federal agencies was supposed to save money. Why doesn't he have a balanced budget?
These are the things I wonder about.
Yeah and if you really believe that "assasination" attempt that gave him the perfectly framed shot of him defiantly raising a fist with the Stars and Stripes set against the bluest sky I have a bridge in Brooklyn you might be interested in.[/QUOTE]The US doesn't deserve a AAA rating. All that Moody's fear mongering over the weekend was epic and probably shook out the weak, who were happy to almost be back to broke even. Then Trump did the tweet just like I said and we were back up above my yellow target line. It was glorious. I am not into politics but the boomers protested wars and got our military into countless wars that destroyed many parts of the world. Then the my institutionalized divorce, refused to die, and now we have an America where normal youngsters don't want to live, reproduce, can't buy a home and pay $3,000 for an apartment. In Argentina, Javier Milei changed the course of the country with a budget. I just want a peaceful revolution with outside the box thinking. The crowd is controlled while we're suppose to be free thinkers.
Nasdaq was a nail bitter. A scalpers dream as it has made a rounding top.
1. Buy low, sell high. Lots of opportunities to divest at a possible local top.
2. Know your gaps as they may become possible battle zones of support.
Number 1 is why you have targets and take profit zones. I was holding onto 20% of my profits and a tad bit worried Moody's was going to get me. Luckily it was a buy the dip kind of day. That is actually how they get you. Create a pattern that works, and then, whoops, it doesn't work. Those option leaps I told everyone about the lowest one was sold over 800%. The last couple days, I sold out and hedged the long term accounts for downside. Scaled out of these, and I am on vacation. Everyday is the stock market offers a thousand opportunities.
The big issues going forward are. Japan &.
US Treasury auction had no bidders. Where can money go for safety. Gold? I hate gold it is too heavy and where you going to keep it? In a security box at the bank? Looks like Bitcoin is winning. Just hit my target.
Good traders always have a team. You need a bear and you need a bull.
No one can promise tomorrow.
Nasdaq 100 ($NDX): The Nasdaq 100 shows a pattern, that the Friday before Memorial Day being historically strong, up 71.4% of the time with an average gain of 0. 43% over the last nine years. Thursday is also noted as a decent.