Search found 894 matches

by richard5za
Wed Mar 08, 2023 8:46 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

Vince,
With respect to your recent post I am seeing a current 2023 S&P 500 chart similarity to the 2000 to 2003 bear market

There was a failed break in April of 2002 and then the index dropped another 27%

This observation may or may not be valid. Lets see
by richard5za
Wed Mar 08, 2023 8:36 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

If USA goes into recession later in 2023 then 20% down from 4000 is a fair forecast i.e SP500 is circa 4000 less 20% = 3200 30% down is also easily possible But this is not the generational dynamics prediction; their prediction is much, much lower when things really implode; P/E ratio below 10, earn...
by richard5za
Sat Mar 04, 2023 10:33 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

We look like we're breaking through that support level on the S&P downside, right on March 1. Look out. Keep your eyes glued to 14 March CPI - very NB. If inflation looks beaten stocks could fly high. If not, and inflation is rising, market will assume more FED interest rate hikes and stocks go dow...
by richard5za
Thu Mar 02, 2023 9:25 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

You can look at USA economic indicators for yourself, but just to name a couple: GDP is rising again and unemployment is very low. These indicate a strong economy When the US goes into recession the rest of the world also goes into recession. A recession means less economic activity and therefore l...
by richard5za
Wed Mar 01, 2023 7:24 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

In what way is it strong? Residual spending from the money printing in 2020? The future outlook and earnings are bad, and insolvencies will happen with greater rates, one way or another. The markets are forward looking, and is usual, they sell even if news is good, but the future earnings look bad....
by richard5za
Tue Feb 28, 2023 5:41 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

Yes, I have thought we were due for a crash for a long time, but ... Here's a brief technical analysis view: The S&P 500 broke its year long down trend in January and then moved higher trying to capture 4200. It failed to do this and has fallen about 5% more recently. The year long down trend line ...
by richard5za
Sat Feb 18, 2023 9:10 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

Cool, today Saturday, I had an in depth look at the S&P charts and outlook. In my opinion there is no high probability trade that goes beyond a few days. As the market stands one can scalp a short term trade here and there but to take a 6 or 12 month investment view in stocks is a 50/50. For the nex...
by richard5za
Sat Feb 18, 2023 1:30 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

Cool, just asking, are you a politician?
by richard5za
Fri Feb 17, 2023 8:23 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

From the publication Chart of the Day: "Yesterday, Anthony Scaramucci revealed he was a closet technician when he shared this stat on Twitter. He pointed out that no prior S&P 500 bear market has made a new low after spending 18 consecutive days above its 200-day moving average." Of course this time...
by richard5za
Thu Feb 16, 2023 6:01 am
Forum: Finance and Investments
Topic: Financial topics
Replies: 29822
Views: 15598692

Re: Financial topics

Cool, I see buyers got fired up on BTC which posted an 11 % gain. Maybe your happy days are on their way!