Comments on: Big 3 & Mag 7 Stock Market Analysis 12-27-23

By: KevinK

KevinK — Thu, 28 Dec 2023 16:25:53 +0000

That is supposed to be…. “buy the dippers”.
Sorry

By: KevinK

KevinK — Thu, 28 Dec 2023 01:22:37 +0000

It will take a black swan event to derail this market, but it would have to be a catastrophic “end of the world” event to do so. The market has shown that bank failures are insignificant. The FED has everybody’s back. Rising high yield bonds show that there’s plenty of liquidity out there. Again, the FED sees to that, and they WON’T raise interest rates or shrink the money supply in a presidential election year. JP is a market fav right now. The rising stock market has made 98% of market participants much richer and happier. Lower interest rates = bigger company profits = higher stock prices = ballooning IRA and 401k bottom lines = people spending more = healthy economy. Increasing unemployment is a yawn to the market. How can there be rising unemployment when there are help wanted signs in every store, restaurant, and business. Record high consumer debt just mirrors Washington’s spending habits…$35 trillion…make it $100 trillion….Nobody cares.
The “but the dippers” are frothing at the mouth waiting for any small rise in interest rates or any miniscule market pullback.
Look for another year with big double digit returns in the market …… JMO

By: trade0039

trade0039 — Wed, 27 Dec 2023 23:04:53 +0000

Randy why do you think the market will Tank 40% to 50%. There must be a solid Catalyst in order to drop Market like that. (Fundamentals???)

Also, for the entire year of 2023 you were very Bearish and yet Q’s rallied 57% and SPY rallied 27%.

Also I have noticed that you are always bearish and talk about bearish PPO cross over and Negative Divergence but not once mentioned bullish PPO crossover. This is very important that all traders should be discipline and keep track of their wins and losses and I personally believe you should have a track on how many win and how many loss calls have been made.

If you keep saying market will drop 50%, one day it will happen for sure and 2023 have already past you saying so.

Your analysis is helpful to some degree but you sounded like perma Bear just like Jim Cramer and Thomas Lee from CNBC who are perma Bulls.