Phyliss T
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$CONTRA GLOBAL TECH IND GROUP INCORPORATED (GTII.CNT.US)$ still the shares are locked up wtf
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Phyliss T
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$CONTRA GLOBAL TECH IND GROUP INCORPORATED (GTII.CNT.US)$ Should drop today right?
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Phyliss T
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$SPDR S&P 500 ETF (SPY.US)$
An Overheated Rally
The S&P 500 has been on a very strong rally for several months and is showing no signs of slowing down yet. Investors and analysts alike have been calling for a correction over the past few weeks.
The S&P 500 is showing signs of overextended price action and extreme overbought conditions on the weekly candles. These are some of the technical reasons why traders have been cautious recently. But always remember that the mar...
An Overheated Rally
The S&P 500 has been on a very strong rally for several months and is showing no signs of slowing down yet. Investors and analysts alike have been calling for a correction over the past few weeks.
The S&P 500 is showing signs of overextended price action and extreme overbought conditions on the weekly candles. These are some of the technical reasons why traders have been cautious recently. But always remember that the mar...
![When is The Next Correction?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240316/09a10c4a76834c74b810f7956afe916f.jpg/thumb?area=100&is_public=true)
![When is The Next Correction?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240317/c5554497e0c64774a03976237deb076f.jpg/thumb?area=100&is_public=true)
![When is The Next Correction?](https://ussnsimg.moomoo.com/sns_client_feed/70107943/20240316/bd132c6785f44a2f94f17773be159f96.jpg/thumb?area=100&is_public=true)
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Phyliss T
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$SPDR S&P 500 ETF (SPY.US)$ market should be selling off but yet it pumps, of course. propped up by nvidia again. this market is a fckn joke. im done trading its all rigged better chances doing poker
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Phyliss T
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Noticing more and more comments like this lately.
What usually happens is the opposite of what investors think will happen.
Remarks by Michelle W. Bowman Member Board of Governors of the FED (February 2024):
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
What usually happens is the opposite of what investors think will happen.
Remarks by Michelle W. Bowman Member Board of Governors of the FED (February 2024):
$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$
![Rate Hikes instead of Rate Cuts?](https://ussnsimg.moomoo.com/sns_client_feed/71286787/20240228/21cdc99cf08643b78f8029d6a6e67337.png/thumb?area=100&is_public=true)
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Phyliss T
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In Q4 2023, nominal GDP grew by 3.2% according to data this morning.
This would mean a $334.5 billion increase in nominal GDP.
Meanwhile, over the same time period the US added $834.2 billion of debt.
In other words, it cost us $2.50 of debt for every $1.00 of GDP last quarter, according to Zerohedge.
As Fed Chair Powell recently said, "we are on an unsustainable fiscal path."
What's the long term plan here?
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
This would mean a $334.5 billion increase in nominal GDP.
Meanwhile, over the same time period the US added $834.2 billion of debt.
In other words, it cost us $2.50 of debt for every $1.00 of GDP last quarter, according to Zerohedge.
As Fed Chair Powell recently said, "we are on an unsustainable fiscal path."
What's the long term plan here?
$ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$
![Picture](https://ussnsimg.moomoo.com/sns_client_feed/71286787/20240228/655c413851934db8a63efec6523086bf.jpg/thumb?area=100&is_public=true)
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Phyliss T
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When people say that the economy is super strong, please understand…
We are running a HISTORIC deficit.
6.2% of GDP. Never seen before outside of WW2, the GFC or Covid.
If we weren’t running this deficit and balanced the budget, or even got close, GDP would collapse.
$SPDR S&P 500 ETF (SPY.US)$
We are running a HISTORIC deficit.
6.2% of GDP. Never seen before outside of WW2, the GFC or Covid.
If we weren’t running this deficit and balanced the budget, or even got close, GDP would collapse.
$SPDR S&P 500 ETF (SPY.US)$
![Picture](https://ussnsimg.moomoo.com/feed_image/70040948/753b22bfdd963a9bbcea71c81c6303c1.jpg/thumb)
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Phyliss T
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1. Presidents Day, Markets Closed - Monday
2. Fed Meeting Minutes - Wednesday
3. S&P Global Services PMI data - Thursday
4. Existing Home Sales data - Thursday
5. Total of 5 Fed speaker events this week
6. ~15% of S&P 500 companies report earnings
Short but busy week ahead. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
2. Fed Meeting Minutes - Wednesday
3. S&P Global Services PMI data - Thursday
4. Existing Home Sales data - Thursday
5. Total of 5 Fed speaker events this week
6. ~15% of S&P 500 companies report earnings
Short but busy week ahead. $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$
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