Good jobs report = 📉
We’re now seeing the inverse of bad economic data = 📈 which we saw in ‘20-‘21. It’s frustrating that the market is completely beholden to the whims of Fed policy— where if economic reports are good, the market gets spooked because it means the Fed isn’t likely to take a softer stance on future hikes. This also means we’re going to have to start seeing economic data deteriorate much further before some semblance of equilibrium is restored. I’m all cash, being patient, but I hate this market so much. Side note: There are random tickers which are showing relative strength in this environment: $PI, $SMCI, $AEHR to name a few. Any others I should add to my watchlist? TC: $285k (+ paper money, for which I’m actually thankful at the moment)
All jobs data is delayed. Plus the ones who lost their jobs in August might still be on payroll based on their severance deal.
>when you don't understand expectations Lol
How much cash are you sitting on?
That’s what happens when society enables the fed reserve to rig the system. Learn to play the game
HDSN, ENPH
That's why I bet all my money on TQQQ $1 put in a year. Either I lose my job and be rich, or I lose all my savings and continue work as slaves for my day to day job.
Smart investor identified. $PI, $SMCI, $AEHR performed pretty well during last 12 months. Are you holding any of them? Any ideas about their future performance?
SMCI A YEAR BACK.. Can I Dm you to know how you watch for stocks. Noob to stock market and interested in learning
285k base is awesome 👏
OP, what level for that base?