hitman trades and how I see the market

The only 2 names that's holding up this market $TSLA and $AAPL when these 2 drop then the market bottoms out. I might consider buying $TSLA @$150.00.

 

As they say follow your local politician: https://www.capitoltrades.com

 

As of next week I will be moving my concentration towards $DJIA and less of $SPX, looking at scenarios in relation to these 2 I believe there will be more movement in the $DJIA.

 

https://www.barchart.com/etfs-funds/quotes/DIA/interactive-chart

https://www.barchart.com/etfs-funds/quotes/SPY/interactive-chart

Put these 2 charts side by side and you should understand why I'm going to concentrate more on $DJIA.

 

With the FED's being very hawkish yesterday look for more carnage to come. GL

 

Year end outlook and what I expect might happen looking at post #445 the $DJI had a 4 week run and all the FURUs were gong ho, now they are quite $DJI is nowhere close to 36332 high at the start of 2022 and with just 10 trading days left for this year I would be very impressed to see $DJI break 35000. Back in Oct I believed $TSLA and $AAPL was holding up the market looking back on the 24 Oct they both started their decline and still continue to decline yes in Nov $DJI had a 4 week propped up run now what? EOY close no Santa rally.

I like the downside next week but not trading for obvious reasons,

$TSLA went below $150.00 did I buy NO will I buy it NO.

 

$150.00 out..... Maybe @$90.00

 

So you have a high number of job opening and this is a bearish out look on the market
https://www.bls.gov/news.release/jolts.nr0.htm

 

Looking at the DOW for December the decline started the week of 05Dec, the uptick started 02 Jan it remains to see if this will continue for Jan2023.

 

I wish Powell just send a serious right hook to this hearing by telling them " the way to stop this mess is stop spending and start paying down the debt".

Lol@ Warren

tired of listening to these talking heads bullshit going to take my girl for a walk,

creepy looking cougar Vance looks like she wants to lap up Britt

 

3 takeaway from this meeting, 1) the gov't will roll out a crypto...its just a matter of when, 2) interest rates will continue to rise and 3) black unemployment will rise 2.9% compare to whites 0.9%.

Powell still can't say what created the inflation problem.... he knows fully well... a famous line from a movie he can't utter "you want the truth you can't handle the truth".

going take my girl for a walk.