A Continuation In Trend

There is a very big possabliity that there is much more pain on the way.

The markets have been very choppy lately and there has been talk that out Fed chair Jerome Powel may Pivot on raising the interest rates by 75 basis points....
I believe he is not going to pivot and that he said so in the last FOMC meeting.

Oil and Gas is on the track to raise to at least $90 a barrel and some analysis suggest even back up to $100 a Barrel. This is a great time to enter some energy plays whether it is in stock equities or in derivitives of those companies in the form of stock Options energy is headed its way back up In My Opinion.

China: Something that should be noted is that China is likely to "appoint" President Xi Jinping for a third term on October 16th which will impliment him at an unprecedented control over China that was previously Illegal before Xi himself changed the law earlier this year. Very possible the invasion of Taiwan will occur after this communist party election and before Biden leaves office.

North Korea: Is testing balistic missles over the China sea again and Japan is on high gaurd. Another result in the weakness Biden Portrays

Russia: should first be noted that Russia is a part of OPEC + (thats what the plus is in the name) and was part of the agreement to stop the production of 2 million barrels a day as well as the rest of the OPEC Nations. Russia is also threatening to use 'Low Yield Nucleaur Weapons' agaisnt the Ukrainiane people.
It is also likely that the USA was responsible for the exploasion of the Nord Streeam 1 pipeline in the Baltic Sea. When a brand new Pipeline was just happened to be opened (from Holland to Germany ) the day after the sabatoge on the NordStream 1. That is a possible esculatuion later on including America with the Russian Ukraine War.

Markets: Short Interest and Open interest in PUT Options shows that investors fear the market has furuther to go down. I am definetly one of them when speaking about the broad market. There are a lot of oppertunity available for those who can play Day/ Swing trades profitably.

Bitcoin has been on a rough ride But it has been noted that it has started to seperate its self from the equity markets showing gains on heavy market sell days. In my opinion, It will be time to buy a good amount of Ethereum, Bitcoin and Solana. I am also Interested into XRP thanks to the people in my MooMoo chat room.

International Banking System. Systemicly Important banks like Credit Suisse are showing signs of weakness that could suggest that the very banks that are at the basis of the economy over in Europe are in danger of collapse in the poorer countries start to defult on their debt to these banks....Definetly something to watch out for.....

The recently released Jobs Report showed a decrease in job openings of 10 million. this is a 1 1/2 year low in the Jobs report for the US. This Still shows that the US has a fairly strong Job market relative the the state of the rest of the Economy but wshat should be noted is that this is a lagging indicator and the decrease in the openings has started and is making new lows... Jobs Are going to stand as a very strong indicator of the health of the United States Economy.

The Economic Events Coming Up For Thursday:

For Friday: