[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-live-updates-march-28-2023-121200860.html[/URL]
The stock market
[URL unfurl="true"]https://finance.yahoo.com/news/stock-market-news-today-live-updates-march-28-2023-121200860.html[/URL]
[URL unfurl="true"]https://www.thestreet.com/breaking-news/look-the-brutal-layoff-email-disney-ceo-bob-iger-sent-employees-today?puc=yahoo&cm_ven=YAHOO[/URL]
A rider on my chairlift recalled a cartoon he had seen in the 70's:
Stock's fell early today on confirmation of a giant meteor hurtling directly towards Earth, but rallied late as the Fed hinted at a rate cut.
None of it makes real sense, so predictions tend to be random in the long run. The only ones's making money for sure are the high speed traders, who are only interested in collecting their tiny vig a million times a minute.
[Markets]('https://www.bloomberg.com/markets?source=eyebrow')
[HEADING=2]Bearish Sentiment on Stocks Is Best Thing Rally Has Going for It[/HEADING]
[LIST]
[*]Hedge funds’ cyclical exposure at three-year low: JPMorgan
[*]Back-to-back quarterly gains seen only twice in 14 bear cycles
[/LIST]
By
[Lu Wang]('https://www.bloomberg.com/authors/ADsAO0Dt_CM/lu-wang')
March 31, 2023 at 4:18 PM EDT
[HEADING=2]Stocks rally to cap a winning month, quarter for Wall Street[/HEADING]
[LIST]
[*]Hedge funds’ cyclical exposure at three-year low: JPMorgan
[*]Back-to-back quarterly gains seen only twice in 14 bear cycles
[/LIST]
NEW YORK (AP) — Stocks rallied Friday to close out a winning March and first quarter of the year, feats that looked questionable just a couple weeks ago when Wall Street was tumbling in turmoil.
The S&P 500 rose 1.4% to cap a 3.5% gain for the month. It also locked in a second winning quarter in a row after falling sharply most of last year on worries about high interest rates meant to get inflation under control.
The Dow Jones Industrial Average rose 415 points, or 1.3%, while the Nasdaq composite climbed 1.7%. For the Nasdaq, big leaps for technology stocks drove a gain of 16.8% for the quarter, its best since the surge out of the coronavirus-caused crash in the spring of 2020.
Friday’s gains came after a report showed inflation across the United States [slowed in February]('https://apnews.com/article/inflation-prices-rates-federal-reserve-consumer-spending-dbeb41c2898b33d9f5e7cfee3252c228'), though it was still high relative to history. A continued slowdown could give the Federal Reserve more leeway to take it easier on interest rates after [jacking them higher]('https://apnews.com/article/federal-reserve-inflation-banks-interest-rates-jobs-91a9185ebce972bbf5ab1f46654f1a53') at a furious pace over the last year.
john carter
world class teacher trader
do not try to predict price , navigate price
so the clues friday
happy family indices gap up
830am eco data held va high
so its gap into 3 probably
so good shot at trending day as long as 15 min 20da ma holds up
if it 1 timeframes up sellers have been taken out
market profile says should be 1 pullback
and as long as that holds the 15min 20da just inventory adjust
so golden ratio said spx 4105
[URL unfurl="true"]https://www.cnbc.com/2023/04/02/nasdaq-100-futures-slip-ahead-of-first-trading-day-of-the-second-quarter-live-updates.html[/URL]
[URL unfurl="true"]https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-record-tesla-deliveries-fall-short-opec-output-cut-surprise/[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/roku-announces-second-set-layoffs-140143743.html[/URL]
[URL unfurl="true"]https://finance.yahoo.com/news/oil-pops-futures-mixed-as-second-quarter-gets-underway-stock-market-news-today-115655290.html[/URL]
DOW UP...S+P UP...NASDAQ DOWN
not bad considering Opec screwing
DOW and S+P UP 7 out of 8 last trading days!!
SCHWING!
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[URL unfurl="true"]https://www.cnbc.com/2023/04/04/stocks-moving-big-midday-gm-amc-etsy-and-more.html[/URL]
[URL unfurl="true"]https://www.cnbc.com/2023/04/03/stock-market-futures-open-to-close-news.html[/URL]
jpd sent this link to me - I thought it worth sharing
.............even if you're old and gray."
"Well, it's alright.
............you still got something to say."
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