Why we will finish above 380 today

by | Nov 6, 2022 | Resources | 26 comments

Why we will finish above 380 today

390 next week. And 420 by end of year

Overreaction and positioning. Although powell was hawkish because todays fed has a third tool ontop of rates and balance sheet. These dumb press conferences and immediate algo overreactions

He confirmed that now the max before a pause is 4.75. A lot of people were thinking it’ll be closer to around 5. Now the bell curve peaks at 4.5. And tail ends (low probability ends regards) are 4 and 5

Sentiment Algos saw hawkish news and sold. Paper hands sold. You regards doubled down on puts to try to awake from your recent hibernation and porn loss and it dipped fast. Algos saw velocity and acceleration go down fast and it was a snowball.

Well sorry. Big boys had buy orders at the big supports. They held. Now all analysts have repriced their P/E ratios for this year and next Factoring in the pause when we get to 4.5. And bam. Buy buy buy. Now you’ll have a lot of TINA. Short covering. And any big favorable news will lead to 2-3% up days

Also not to mention doesn’t matter what party wins next week. Markets always run after midterms

Enjoy spy 420 by eoy 🚀🚀🚀🚀



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Why we will finish above 380 today


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26 Comments

  1. ohiofuntimes

    At what point in his last press conference did he ever mention a pause?

  2. highliter

    Ban him if we don’t finish above 380

  3. VisualMod

    >It is indeed foolish to try and predict the future, but I am certain that the stock market will continue to rise in the coming weeks and months. Anyone who tries to short it will be met with fierce resistance.

  4. TooMuchCarving

    !remindme 5hours

  5. AlesantroCorticeli

    Lets pray for those numbers my man..

  6. HumblePackage7738

    I believe this but seeing this on WSB makes me concerned

  7. Stashek

    Let me guess! Bagholding a tonne of SPY 390C expires next week?

  8. Giacdude

    This one looks like the average dumbest r/cryptoCurrency post. Well done OP 🙂

  9. PutmeintheGreen

    My calls hope so buckarooo

  10. caezar-salad

    What an awful post.

  11. SateliteDicPic

    Was the part where he confirmed rates max at 4.75 when he said “rates may have to go higher than we expected?” Or did I miss something?

  12. edgelordkys

    you were saying?

  13. Ok_Speech_3709

    Wishful thinking. Be careful you may get crushed going long into headwinds. Earnings and jobs haven’t reflected the impact of rates, believe the companies negative guidance.

  14. Dothemath2

    ![img](emote|t5_2th52|4887)

  15. TendyChaser

    Stonks go up.

  16. RealMcGonzo

    OP makes new Reddit accounts every couple weeks, LOL.

  17. redditmodsRrussians

    wow, full regards out here buying bricks of copium and trying to cut it with tears. Only pivot happenin is Jpow diving into everyone’s anus with a 360 twist.

  18. craftystudiopl

    OP got bamboozled by bull trapists.

  19. Forcetobereckonedwit

    What he said ☝️

  20. Grape_Ape1980

    I’m gonna suggest 330 spy puts 30 days out because that’s where we need to be to tackle inflation. The market cannot be green at 8%inflation

  21. Mekx_

    cope

  22. Breadman42000

    Stocks rally to eoy and fall off a cliff early January?

  23. OGsKiTTZz

    im really curious is to what type of people actually give a shit? its like believing what the news tells you. If your not invested into gme and trying to end this circus of them stealing money from us..Your useless..The market is rigged.. WAKE UP!!

  24. BreakfastOnTheRiver

    ![img](emote|t5_2th52|4886)

  25. Dat_Accuracy

    ![img](emote|t5_2th52|18630)

  26. DiamondNuts69

    Jpow will pound you ![img](emote|t5_2th52|4641)

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