Comments on: Commodities Analysis & Trade Ideas 12-22-23 https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/ Stock Trading, Investing & Market Analysis Wed, 27 Dec 2023 21:16:56 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Imadaytr8r https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30112 Wed, 27 Dec 2023 21:16:56 +0000 https://rightsideofthechart.com/?p=213058#comment-30112 In reply to KevinK.

Correction big guy … just about everyone is calling for a drawdown before the Fed makes their first cuts … which leads me to go long on the IWM since when everyone is in agreement it usually doesn’t happen. The rule of thumb with pundits, gurus, and hobbyist bloggers is they’re a lot like broken clocks … they’re usually correct at least twice a day.

]]> By: KevinK https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30111 Wed, 27 Dec 2023 19:30:24 +0000 https://rightsideofthechart.com/?p=213058#comment-30111 At the beginning of 2022 all the pundits were bullish….they were wrong
At the beginning of 2023 all the pundits were bearish…they were wrong
At the beginning of 2024 all the pundits are bullish….

]]> By: Imadaytr8r https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30110 Tue, 26 Dec 2023 21:08:44 +0000 https://rightsideofthechart.com/?p=213058#comment-30110 Randy, when can we call last week’s “trick” red candle on the Q’s another head fake, or in technical terms, the dreaded whipsaw? Tom Lee on CNBC is calling for 2024 small caps to expand 50%! Are there any qqq stocks on that list? He nailed the S&P this year so I’m no longer laughing at the Cheerleaders … they’re flushing us down the toilet.

]]> By: KevinK https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30109 Tue, 26 Dec 2023 20:19:24 +0000 https://rightsideofthechart.com/?p=213058#comment-30109 Everybody’s taking time off and away from the market….Too bad
Lots of easy money to be made just riding the Santa rally.
Just go long anything, and you can’t lose.
Use leveraged and you make even more.

]]> By: jmccallum https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30108 Tue, 26 Dec 2023 13:00:23 +0000 https://rightsideofthechart.com/?p=213058#comment-30108 In reply to KevinK.

Hi Kevin,
Thanks so much for letting me know. I didn’t think to check that out.

]]> By: KevinK https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30107 Fri, 22 Dec 2023 23:08:35 +0000 https://rightsideofthechart.com/?p=213058#comment-30107 Randy, and everyone else
Merry Christmas to all and to all a good night

]]> By: KevinK https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30106 Fri, 22 Dec 2023 20:31:06 +0000 https://rightsideofthechart.com/?p=213058#comment-30106 In reply to jmccallum.

Correct me if I’m wrong…
UUP had a 1.75 dividend on Monday which makes up about 6.25% of that 7% drop.
So it’s only down about 7/10% this week.
And P.S.
You said maybe nobody’s out here…we’re here waiting and watching on bated breath

]]> By: Woodshed https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30105 Fri, 22 Dec 2023 19:05:00 +0000 https://rightsideofthechart.com/?p=213058#comment-30105 In reply to hotrodricky.

Randy …I would like to hear your most recent thoughts on whether or not the Grinch will steal Christmas

]]> By: hotrodricky https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30104 Fri, 22 Dec 2023 18:55:08 +0000 https://rightsideofthechart.com/?p=213058#comment-30104 If the long-term forecast for the dollar is down how can you also be bearish on the market?

]]> By: jmccallum https://rightsideofthechart.com/commodities-analysis-trade-ideas-12-22-23/#comment-30103 Fri, 22 Dec 2023 18:40:58 +0000 https://rightsideofthechart.com/?p=213058#comment-30103 Randy,

What about UUP. It’s down 7% this week?

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