UFTWY
wrote a post · Jan 26, 2023 16:11
I think bear market could be over. What is your objective opinion?
Seems that all earnings came out really decent(opposite what bears have been hinting),even Tesla beat expectations and
tech stock saw 50-60% correction and were basically oversold, unemployement is low,
GDP Q4 growth 3-4%,war is Ukraine is has been localized on only 2 regions,oil/gas price has normalized, inflation going down fast, housing cooling which is basically what FED wanted to see.
25bps increases are already priced in for Feb/Mar and we already know they are gonna keep rates through most 2023 with pause probably happening in April or maybe even March.
Honestly i really don't know what would have to happen for SP500 go 10-15% down from 4000?
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151668307 : I think oil price will go up further
Thelord : I think bear market is already over. All the negative news have been priced in
Small bull : then u guys should buy with everything u have, haha
sTone83 : I think the biggest problem is that US debt exceeds the upper limit - if not handled properly, it will trigger a series of chain reactions (interest rate cuts are needed to stimulate the economy's ability to repay debts, and interest rate hikes are needed to suppress inflation. The two are contradictory; the Federal Reserve is now estimated to be a headache)
101694382 : A bear market should end with a good rally followed by a sharp drop. It can only rally by lulling the dumb money to believe that it's really over. And that is when it proves you wrong. Now is just whipsawing or topping. Won't be surprised if a dump comes next week.
UFTWY OP 151668307 :
UFTWY OP Thelord :
UFTWY OP 101694382 : hmmm...Wait and see
UFTWY OP sTone83 : The US Debt clock has been reset
UFTWY OP Small bull :