PMI is going to be bad. Construction is going to be negative. Bill auctions will have no impact on equity markets.

Mortgage rates don't matter much as long as you're keeping a tally yourself so you can try and understand Fed movements. It's more important to know MoM home sales and price. The Fed minutes you spoke of are minutes from the last meeting. The next FOMC rate decision will be the JAN/FEB meeting. With their latest signaling, it's probably going to be 25 bps until we hit 5/5.25%. Housing/services is sticky as fuck so it's going to take some time.

JOLTS data will be lower which will prop up markets because it's what the Fed is looking at and lower numbers means/hopes Fed can start their easing.

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All this means is that it's going to be choppy. That said, I've been saying that with the latest NKE/FDX earnings showed we're not quite at earnings compression as I had hoped. I see some upside here until we break into the 390/400 range.

Thinking once we hit somewhere in that range we'll start to see some prolonged downtrend and earnings revisions starting late January/early February as earnings start to come out in earnest.

I had the same feeling when I watched "The Saint" in the late 90s. At this point, I'm just glad I have a computer that relatively fits in the palm of my hand.

All you idiots blowing up your accounts on Robinhood makes me think they'll actually survive for the foreseeable future.

Calls on HOOD.

They gave you the best advice possible and you're on here asking what's wrong?

Just listen to them. Try a different broker.

Sure. But people are getting rid of their prime status or sharing it.

If you believe in the company, just DCA into it. I could be wrong as I'm not a wizard. I just feel the era of growth companies is gone for the time being and most growth companies, if they survive, won't hit recent high valuations for years.

Dwindling e-commerce. AWS no longer growing at growth valuation rate. Increased borrowing costs. Overcapacity. Looming recession. Fed rates not being cut till end of 2023/early 2024.

I made a model after their last disappointing earnings and with certain guesstimates, I came to somewhere 20% below from here.

I'm not saying it'll go straight down from here. There will be choppiness but I gather it'll hit somewhere near bottom around 20% as they try and finally cut some overhead.

About 20% more before it starts trending back up.

None. You didn't understand at all what was reported.

Fusion is the future.... 50 years from now. For now, it's a well celebrated science experiment. Commercial viability isn't anywhere close.

I mean... some of us overpaid for college and learned how to lose money there. Don't think I opened up investopedia since I was overpaying for college to try and make sense of things.

Doesn't AAPL pay still utilize V/MC's payment network? Even contactless pay is tied to a credit card that's run on V/MC/D/AMEX no? How exactly would this unseat them?

I mean... since he's free to speak his mind during this Brookings speech, he's basically just going to stomp on any hope of below 5% terminal rate like I called last month.

He'll point to continued increase in GDP. Tight labor markets. Markets still hoping in the wrong direction. He might even hint that since GDP increased and looks like consumer spending increased for Q4, inflation is probably higher so 75 bps could still be possible. That things can slow after this DEC meeting since even housing is picking back up. No more midterms to worry about and politicians won't give a shit anymore and will just let the man do his job.

You'd get better advice at r/investing.

We're just a bunch of degenerates here trying to predict the market using weather balloons and bet lambos that it'll go a certain way.

I wonder how much more he can lose before he has to put up more collateral for his leveraged loans.

Go to r/investing.

You'll get better answers.

But right off the bat, I can tell that you don't understand that $350 dividend each month varies on ETF price. Stock price drops, you won't get $350/mo. Also, if price of that ETF drops in value, you lose more than just your dividends.

But if you plan on holding that forever, go for it. You'll get more detailed answers at r/investing than here I'm sure.

They prob couldn't match your order is the logical conclusion.

Spotted GME "parabolic" holders on the top left.

People are still rallying for GME to go parabolic.

Fed's going to hammer down w/ hawkishness to tell all regards to stop buying shit.

Everyone wants a pivot so they can pay ¢25 for milk. Isn't that what everyone is hoping for?

Twitter is a private company now.

Let's all move on.

I hate to say it but this is why we need Blockchain and smart contracts in insurance so payout and contract is laid out and can't do this bullshit.

This made me chuckle.