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Re: Good day to sell [Re: jbyrd63] #7732947
12/02/22 07:37 PM
12/02/22 07:37 PM
Joined: Feb 2014
Posts: 10,955
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
trapper
J

Joined: Feb 2014
Posts: 10,955
Ky
Originally Posted by jbyrd63
China Covid , low volume Black Friday sales . Supply chain issues about to worsen! Cash in on the high tide by Friday it might be bad !

See the day I mentioned? The slide started about 10 this morning then the GOVERNMENT released jobs numbers and it trended back up Hold my beer !!

Re: Good day to sell [Re: jbyrd63] #7732975
12/02/22 07:56 PM
12/02/22 07:56 PM
Joined: Apr 2010
Posts: 3,682
Ohio
S
stinkypete Offline
trapper
stinkypete  Offline
trapper
S

Joined: Apr 2010
Posts: 3,682
Ohio
Itís called volatility!!! Nothing more!!!

Re: Good day to sell [Re: stinkypete] #7733028
12/02/22 08:51 PM
12/02/22 08:51 PM
Joined: Nov 2007
Posts: 894
N. W. MISSOURI
T
TRAPPER-ED Offline
trapper
TRAPPER-ED  Offline
trapper
T

Joined: Nov 2007
Posts: 894
N. W. MISSOURI
Originally Posted by stinkypete
[Linked Image]
I have held my tongue long enough. I got blisters. Stay in the game. Itís long term baby
x2 on the long term


50 + years of trapping & some fur buying and i still know nothing.
Re: Good day to sell [Re: jbyrd63] #7733227
12/03/22 01:48 AM
12/03/22 01:48 AM
Joined: May 2010
Posts: 9,420
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 9,420
mn north of blakely
Originally Posted by jbyrd63
Originally Posted by jbyrd63
China Covid , low volume Black Friday sales . Supply chain issues about to worsen! Cash in on the high tide by Friday it might be bad !

See the day I mentioned? The slide started about 10 this morning then the GOVERNMENT released jobs numbers and it trended back up Hold my beer !!


It was remarks by Jerome Powell that caused the markets to reverse.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Good day to sell [Re: jbyrd63] #7733310
12/03/22 07:29 AM
12/03/22 07:29 AM
Joined: Feb 2014
Posts: 10,955
Ky
J
jbyrd63 Offline OP
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jbyrd63  Offline OP
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J

Joined: Feb 2014
Posts: 10,955
Ky
49 er didnít Powell announce on Wednesday? The rally began 13 minutes after jobs report
[Linked Image]

Re: Good day to sell [Re: jbyrd63] #7733527
12/03/22 11:42 AM
12/03/22 11:42 AM
Joined: May 2010
Posts: 9,420
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
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Joined: May 2010
Posts: 9,420
mn north of blakely
I should have clarified my comment to "for the week"

The markets were mixed for the day yesterday, with the bell weather SP down a tad.

The pundits might say the job reports was better than expected at first blush but after further review the labor participation rate fell. Also "better" than expected job reports at this juncture in time give the FED more ammo to continue being hawkish.

As was pointed out by stinkypete the drop yesterday morning can easily be attributed to day to day volatility, it was barely a percent. Don't think for a second the average stock market professional is aware that severance packages are helping to keep the UE rate down.

Don't take my remarks a disagreement with your points. Fundamentally I think the market is going to see quite a bit more of a sell off.

Anyhow it was 10 below this morning, it won't be long and it will start to get cold out.


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Good day to sell [Re: jbyrd63] #7733539
12/03/22 12:10 PM
12/03/22 12:10 PM
Joined: Feb 2014
Posts: 10,955
Ky
J
jbyrd63 Offline OP
trapper
jbyrd63  Offline OP
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J

Joined: Feb 2014
Posts: 10,955
Ky
Please stay warm and safe out there 49er ! Tagged out , weather sucks, Dr won't let me fish until after kidney stones are busted up. Just rambeling LOL But still amazed at how markets sway on trivial facts. Yes for argument purposes they are raising only .5 instead of .75 . THEY ARE STILL going up and STILL are higher than 1 year ago...

Re: Good day to sell [Re: stinkypete] #7733558
12/03/22 12:28 PM
12/03/22 12:28 PM
Joined: May 2016
Posts: 3,186
Southern Illinois
F
Foxpaw Offline
trapper
Foxpaw  Offline
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Joined: May 2016
Posts: 3,186
Southern Illinois
Originally Posted by stinkypete
Itís called volatility!!! Nothing more!!!


I learned on Seinfeld the market fluctuates, lol!

Re: Good day to sell [Re: Foxpaw] #7733622
12/03/22 01:53 PM
12/03/22 01:53 PM
Joined: Mar 2007
Posts: 34,072
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 34,072
McGrath, AK
Originally Posted by Foxpaw
Originally Posted by stinkypete
Itís called volatility!!! Nothing more!!!


I learned on Seinfeld the market fluctuates, lol!



Great comment attributed to JP Morgan when asked what the market was going to do. He responded.........."It's going to fluctuate"


He also said ......."I made most of my money by selling too soon."


Mean As Nails
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