Death by a thousand cuts

[gcode]

The stock market is looking ugly

Here is an S+P 500 chart since November of 2021.

We are in a bear market. In early December, we tested it. Omicron happened in mid to late December. We have fundamentally turned a corner.

Instead of a big crash, we are losing .5% to slightly over 2% per day. That is death by a thousand cuts.

Meanwhile, look at Crude Oil. Let's go Brandon!

Crude oil will leave a mark. This is inflationary as the price of crude affects a lot of production and supply chain transportation.

Questions that I would love to know answers to which are impossible to answer.

How much of any market is held on margin? When margin calls happen, people sell. This exacerbates any breakdown.

How many people are so used to "buying the dip" that they are either picking bottoms or hopefully waiting for a rally? Picking bottoms in a market like this are suicide by the way.

How many people are looking at their portfolio and hopefully waiting for a bounce to SELL? They just want out. If it is a large percentage of them, there will be no bounce.

In the short run, any bounce in this sort of market is a dead cat bounce.

Why is it different than before?

[YoDoug]

Don't worry, Jim Cramer is making a video now to say how this economy is actually really great and the only risk is not having forced vaccinations.

[Jeff]

"You stupid son of a bitch!"  "inflation is a great asset!"


80 million..... allegedly.

[Tim Johnson]

"You stupid son of a bitch!"  "inflation is a great asset!"


80 million..... allegedly.

Only .gov would think "inflation is a great asset!". It does raise tax revenue but the added assets are eaten up by the created inflation.

[Zoffen]

"You stupid son of a bitch!"  "inflation is a great asset!"

80 million..... allegedly.

In what world is it a good thing that prices always go up and things always cost more....?

Well...its good if you have possession of the printing press and can buy all the things with your free money...    

The world right now is essentially run by a big band of robber barrons who with more money than god can buy any .gov and any .person off to continue to hold on to power. Good thing they are very pompus and assume their plans are foolproof. Thank God they are still human and make dumb human mistakes otherwise we'd all be in the camps already.....wait...maybe we are and we don't even know it yet!