Epic's Account Talk

Hmmmm....... I thought August and September were supposed to be traditionally bad months for stocks, and yet it continues to creep higher. Just leftover momentum from the past 2 weeks??? It's sooo hard to trust what's going on right now. :worried::ugh:
 
Talk about nickel and diming you to death......
I'm a car guy, but will most likely never own a BMW in my life. I found this a little shocking none the less that BMW would even think of treating it's customers like this. Wow !! I've never heard of such a thing.
"$18 monthly fee for heated car seats"

https://www.tweaktown.com/news/8739...8-monthly-fee-for-heated-car-seats/index.html
You gotta be $h!ttn me!

Lol, who doesn't have heated car seats these days....my Hybrid Nissan Rogue keeps mine and my wifes buns warm all winter long...and the hybrid keeps our mpg near 35 despite the weight of an AWD system.
BMW's used to be a status symbol...but so many cars are so well made these days, I don't think the Beemer has that much of a "status edge" anymore.
A buddy of mine drives a 2003 Beemer, and thinks he's king of the hill:rolleyes:, until he's reminded his ancient car has non of the bells and whistles of todays cars.
 
Just FYI .......:smile:
https://www.cnn.com/2022/08/02/investing/premarket-stocks-trading

"We think the market might have been too complacent too soon in fading recession risks," strategists at Goldman Sachs told clients this week. "We think markets will be vulnerable to hawkish surprises."
The big reason investors haven't dumped stocks is because they entered 2022 with high levels of cash, according to Chedid. As inflation surges, diluting that cash's value, they're not eager to hold more. And so far, attractive alternatives have been limited.
"It means that the pain trade is on the way down," Chedid said. In other words, those who still have skin in the game could get hammered.
 
So I was just skimming over the charts at https://www.tradingview.com/markets/stocks-usa/ideas/ and most all that are S&P related have it going down to the 360 area give or take by late August / early September. Some even lower, but most are focused on that 360 number for some reason before the next bounce.
If it goes there, it might be Toe Dippin Time !!! :banana::banana::banana:
 
So they passed that $430 BILLION Dollar Bill in the Senate. How will the Market react this week???? Up, Down, or no effect what so ever??
Should be fun to watch ................
:popcorn:
 
Well that's weird, I just saw another article about the same thing and they quoted $740 BILLION.
I don't know who's right, but that's still a lot of our Tax Dollars they're spending.
Now, back to my Popcorn.............
:popcorn:
 
Just another interesting FYI that I noticed. Will the reaction be the same??? :dunno:
https://twitter.com/SuburbanDrone


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Like Tom says, the market doesn't repeat history, but sometimes it rhymes. First corollary of chart pattern analysis - once a repeating pattern is identified, it will at that point change. :nuts:
 
Just FYI. Had this for a while but just never posted. For those with accounts outside of TSP. Just a good reference. :D
Logged off and then logged back on seems to have fixed my attachment display glitch that I was having. :banana:

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WOOT-WOOT
​A little SS FYI for those of you who receive it. I'm not quite there yet. Workin on it.....
:laugh:

From https://www.foxbusiness.com/persona...lldgfrdaljumfqtmllbgi4dillbmu3gmmzqg43tcytehe

The Consumer Price Index (CPI), a measure of inflation, increased by 8.5% annually in July, according to the Bureau of Labor Statistics (BLS). This was down slightly from 9.1% in June, but remains near its 40-year high.

Because inflation levels remain high, the cost of living average (COLA) for 2023 is predicted to be 9.6%, the highest level since 1981, according to The Senior Citizens League. If inflation rises further in the coming months, COLA could be 10.1% in the year ahead. Whereas if inflation continues to slow, it could be closer to 9.3%.

"A high COLA will be eagerly anticipated to address an ongoing shortfall in benefits that Social Security beneficiaries are experiencing in 2022 as inflation runs higher than their 5.9% COLA," the Senior Citizens League stated.
 
1 hour till JPow speaks from JHole . . . . .

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5 Minutes till the Open. We'll see what happens as things unfold......
https://www.investing.com/indices/indices-futures

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