Generational Dynamics Forum - New Site

Phong, bear markets that are accompanied by a recession tend to be long drawn out affairs, quite different to non-recessionary bear market corrections. I don't think that the market will bottom this year; my current view (based upon my own fuzzy maths) is January 2023 at the earliest but more proba...

https://pbs.twimg.com/media/FYzCfjzXEAMzJXX?format=jpg&name=large Think this image says it all. The bulls seem to be very happy as if they've broken through, but they've only reached the top of this trendline, even with the after market action, if they can get above it and hold then we might be in ...

I was expecting this last pull back and rally, and it's painting the chart beautifully. Don't really want to call 4055 the top as I mentioned before, we could go up to 4080, but if it is the top then I would expect a gradual decline that looks like just profit taking and a normal correction after a ...

https://tradingeconomics.com/united-states/gdp-growth

-0.9 Q2 GDP

Could have sworn Powell just said not 24 hours ago that he doesn't see the US in a recession. Futures seeming to love the news as they believe it means the Fed pivots earlier then expected.

Thank you Vince, much appreciated. I suspect that Phong is right about FOMC directing 100 bp today if they are serious about dealing with inflation Short squeeze timing was off a bit, thought it'd be before the FOMC meeting, but looks like their 75 bp was the cause for the short squeeze and gap clo...

Hey Richard, I wanted to see where the futures would be before posting as there are a few possibilities for elliott wave. I'll refer to the S&P since most people seem to follow that index. a) We're in a complex 2 corrective wave after the whole drop to 3636 is viewed as a 1 drop and could retrace hi...

Hi Richard, Phong works for me. As of now, the futures are up about 1% and the DXY is down 0.65%, I expect this trend to continue throughout this week with the DXY possibly backtesting the 105 breakout and the S&P using this to close the gap around 4030, so another 3.5% up. Also, DXY is weakening in...

Theres a point which has received very little discussion thus far: Boomers already in retirement or about to retire collectively own quite a high percentage of USA stock markets - either directly or through a wide variety of funds. I've thought about this as well, is there a public chart that shows...

If you are new to short term trading and haven’t come across Crestmont Research it’s very helpful in getting over 100 years of stock market history into ones head. On the longer term both earnings and PE ratio are most likely to fall. Your projections for Elliot 3 are probably just the beginning. O...

It may be the contrarian in me, but I don't think that gaps get filled. It's like the technical low hanging fruit which is going to get a lot of people caught on the wrong side of the trade. I suspect we get 3500 S&P, 27000 DOW in the next wash out. Beyond speculation, smart money goes to where ther...