Discussion ***Official*** 2022 Stock Market Thread

[FelixDeCat]

Hard to be long or short right now. I see a possible low of QQQ 300 or high of QQQ 330 based on CPI data.

 

[jpiniero]

Ooh CPI was unchanged. Not great considering pretty much everything other than gas is increasing still but I'm guessing that will be considered bullish.

 

[FelixDeCat]

Ooh CPI was unchanged. Not great considering pretty much everything other than gas is increasing still but I'm guessing that will be considered bullish.

Cramer said buy so you can now expect QQQ 400 by year end.

lol 😆

 

[jpiniero]

Cramer said buy

Oh no, that means QQQ is headed to 0.

 

[dullard]

Oh no, that means QQQ is headed to 0.

Always do the opposite of Cramer. I can't think of any better advice than to bet against his advice.

 

[Lost_in_the_HTTP]

Unchanged from June to July, but up 8.5 from July to July.

08/10/2022
In July, the Consumer Price Index for All Urban Consumers was unchanged, seasonally adjusted, and rose 8.5 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in July (SA); up 5.9 percent over the year (NSA).

CPI Home

www.bls.gov

 

[FelixDeCat]

Nothing but smooth sailing now?

 

[AdamK47]

VIX is below 20. Hasn't been there in 4 months.

 

[FelixDeCat]

VIX is below 20. Hasn't been there in 4 months.

The calm before the storm. Mao Zedong doesn't want foreigners in the breakaway island state.

 

[FelixDeCat]

So funny...a company named App Lovin...crashed after hours..

 

[FelixDeCat]

Sold everything.

 

[AdamK47]

Bought everything

 

[biostud]

Holding on to everything.

 

[Lost_in_the_HTTP]

Did nothing.

 

[FelixDeCat]

Did nothing.

The inflation creation act will work its insidious way into the economy. Also the Fed will raise rates again.

 

[dank69]

The inflation creation act will work its insidious way into the economy. Also the Fed will raise rates again.

Okay Harold Camping. I'm sure THIS is the time those filthy Dems actually wreck the economy.

 

[AdamK47]

The inflation creation act will work its insidious way into the economy. Also the Fed will raise rates again.

This could be a cautionary tale of going deep end politics while also making investments in the market. Let's see where you land end of Sept.

 

[brianmanahan]

Okay Harold Camping. I'm sure THIS is the time those filthy Dems actually wreck the economy.

lol i remember driving through NY state and randomly hearing that guy on the radio for the first time in 2010

he sounded so hilarious that i got off at a rest stop just to listen to him for 45 minutes (and start preparing for the end of the world)

 

[zinfamous]

The inflation creation act will work its insidious way into the economy.

This is a fundamentally stupid thing for a self-described adult to think. Who hurt you?

 

[FelixDeCat]

Okay Harold Camping. I'm sure THIS is the time those filthy Dems actually wreck the economy.

Ive never heard of this guy. I'd assume he was a famous market forecaster. Dems mean well but it never works out that way.

 

[FelixDeCat]

lol i remember driving through NY state and randomly hearing that guy on the radio for the first time in 2010

he sounded so hilarious that i got off at a rest stop just to listen to him for 45 minutes (and start preparing for the end of the world)

Oh thats who that guy was! I remember watching random youtube videos from random people who did not make them for a living and they were talking about that.

I guess we are also casually forget all that Mayan 2012 End of the World Calendar thing.

Hilarious video BTW.

 

[FelixDeCat]

This could be a cautionary tale of going deep end politics while also making investments in the market. Let's see where you land end of Sept.

Gave me a chuckle, thanks. I know the dems are planning another October surprise to try to stay in power, but its likely not to to work.

 

[FelixDeCat]

This is a fundamentally stupid thing for a self-described adult to think. Who hurt you?

Yet Arizonas favorite DINO who took payoffs to keep the carried interest tax loophole is laughing all the way to the bank.

 

[AdamK47]

Gave me a chuckle, thanks. I know the dems are planning another October surprise to try to stay in power, but its likely not to to work.

I don't think you actually sold.

 

[dank69]

Ive never heard of this guy. I'd assume he was a famous market forecaster. Dems mean well but it never works out that way.

Got literally any evidence to show how Dems have wrecked the economy in your lifetime? Because empirically by most metrics they destroy Republicans.