12%ayear's Account Talk

My 828 shares of Walgreen took a major hit yesterday, closing down $7.08 a share, and are down another $.21 after the bell due to poor earnings announcements and being downgraded by GS and others. Major OUCH! That's $6000.
 
12%...why S and not I? Just wondering..Thanks..

FS
The I Fund is overvalued with the US DOLLAR oversold. Small-caps have plenty of room to the upside. This is the time of year many start buying them. Look for small Bank being taking over. Small-caps will pop nicely tomorrow. Also, we did great today with the F Fund.
 
Watch the lower the open followed by some heavy buying. It looks like a weaker economy will only push the FED to cut some more. However;earnings will be bad this quarter, this will be bad for the markets in general. Recessionary talks will be the focus soon.
 
Watch the lower the open followed by some heavy buying. It looks like a weaker economy will only push the FED to cut some more. However;earnings will be bad this quarter, this will be bad for the markets in general. Recessionary talks will be the focus soon.
Just as I thought, watch 10:00 for a nice pop. This is where shorts will have to cover based on data.
 
12%:

What are we seeing this morning? Is it profit taking, handle forming on the cup, bad news???

What's your read on this.

Thanks,

FS
 
Just as I thought, watch 10:00 for a nice pop. This is where shorts will have to cover based on data.
Here you go!! Watch the markets turn green. There will be a massive sell-off coming within day /days IMO. Earnings are going to be plain awful and I am going to sideline my action. However;today I see a nice rebound back into green.
 
What do you think about the ECB and BOE cutting rates tomorrow? The consensus is mixed, but I think they will cut.
At best, they will stay neutral. I am bailing out of stocks today,do not like Thursday. Went to the G Fund. Markets are overbought near-term. Although I see a nice rally today
 
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