DJI is now UP 450pts from its day lows (Still down a bit) .. hard to keep up with
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@jasongoepfert
Today, more than 29% of issues on the NYSE have hit a 52-week low. On the Nasdaq, it's more than 33%.
There have been only 18 similar days since 1984.
The S&P 500 showed a loss a year later once, for -0.2%. Its median return was +32.0%.
normal day when the vix is so high. anyway the rally at the close was algo driven on a fed comment
https://www.bloomberg.com/news/artic...d=premium-asia
W69 is a seasoned player unlike the reef fishes attracted into the market in the last 2 years because of the easy returns from the prolific $$$$ printing by governments.
Going to be plenty of tasty treats in the months ahead but we need CAPITULATION - sooner the better.
futures selling off now
cnbc quoting powell just said a soft landing may be hard to acheive.
guess if he achieves one he be a legend as not many if any fed people have ever achieved one in a tightening cycle
Petrol still ways too cheap.
Too many idiots still can afford to cruise with their gas guzzlers night after night through town. Boyracers still burning fuel and diesel to annoy and endanger the neighbourhood, kids can still afford to endanger and annoy the neighbourhoods with their illegal and dangerous motocross activities ... and the queue of big gas guzzling four wheel drives picking up kids from school (and bringing them home on sealed roads) seems to get longer rather than shorter.
Waiting for $5 per litre, maybe this might settle it?