[teaserteam]

Let see if US market will again recover tonight from the on-slaughter.  Think most short covering could have already completed. Market very overbought liao.

[singlon]

intermission
Turkish national television confirmed the elites are using Arenenochrome.

[Sharexchange]

回调啦 whats the big f deal

[teaserteam]

US Future red red again.  Very disappointed the last time.

[limpeh394]

IMO TA wise mkt correction for the next 1-2 week, but still on uptrend in next few mths

[revealer]

This is the only bear market that the market has corrected more than 20% and yet VIX shows that the market did not have any fear about a recession amid the threat from China selling the US bonds

[revealer]

IMO TA wise mkt correction for the next 1-2 week, but still on uptrend in next few mths

DOW,  SP500 and Nasdaq all have a leftover candlestick gap  to be filled.  Very likely this gap will be filled this time before they take off again unless something like Lehman Brothers were to happen again because of financial stress.

https://skyjuiceiswater.blogspot.com/202...jumpspot24

[sgbuffett]

The recent move up is a dead cat bounce it's a classic dead cat bounce based on size of move and sharpness.See article below.

I posted that it will drop yesterday and why before the article. You can look up my post.

A Bear Market No Matter How It's Sliced Or Diced (1333 Et/1733 Gmt)l

Whether it's a bull-bear indicator, the Fed hugely behind the curve on selling its bonds, or the narrowness of the stock rally off the June lows, the outlook isn't great.

The S&P 500's 17.4% gain off the close on June 16 to its recent peak on Aug. 16 is a textbook case of a bear market rally, according to BofA Global Research. Since 1929, there have been 43 bear market rallies of more than 10% that averaged 17.2%.

The recent rally was narrow, with 30% of gains due to just four stocks – the tech titans Apple Inc , Microsoft Corp , Amazon.com Inc and Tesla Inc , says the BofA team led by Chief Global Strategist Michael Hartnett.

BofA's Bull & Bear Indicator remains "extremely bearish" at zero on a scale to 10, though the note on Thursday acknowledges it's likely to rise in coming weeks due to High Yield inflows and a less bearish August fund manager survey.

But the big picture is real rates are still deeply negative, as seen by the Fed's limp removal of liquidity. For every $100 of the $5 trillion in bonds the Fed bought during the pandemic, they have sold just $2 worth.

The last time the Fed ended a hiking cycle with negative rates was 1954, and even assuming inflation slows to a 5%-6% range next spring, "whether the Fed knows it or not, they're nowhere done," BofA says.

(Herbert Lash)

[teaserteam]

Early morning, Futures red red again. Not looking good. Good luck trading.

[p1acebo]

Kateks die pain pain

[teaserteam]

just another correction if no "lehman brother" happening this time. The rebounce looked pretty strong in momentum.

https://www.investingnote.com/posts/2504492

[RiseofAsia]

Heard some Chinese Youtubers are giving short Selling US stock Call Since Thursday.
做空美股！ Song Boh!

[RiseofAsia]

China has Property bubble.
US has stock bubble.

Who will bust first?

[teaserteam]

The futures red red again.

[teaserteam]

Chinese stock dropped until no eye see today.. If drop like this by this week, ge jiang liao.

https://finance.sina.com.cn/stock/market...ml?cref=cj

[teaserteam]

This guy opens his mouth and China stock fell.. how powerful.

https://www.163.com/dy/article/HFILGQ0I0519QIKK.html

[revealer]

China just threw in 19 economic stabilising policies. They are trying to raise 300 billion Yuan (USD60 Billion) in bonds to be used in new infrastructure with not more than 50% of it for the capital of special debt projects.

USD 60 billion is a very small sum to solve such a gigantic economic problem. Lets see how the China market will react to this news today.

https://finance.sina.com.cn/china/2022-0...6413.shtml

[teaserteam]

https://www.investingnote.com/posts/2506678