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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.23+2.5%12:16 PM EST
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To: Trader J who wrote (55247)10/4/2022 11:11:16 AM
From: Zen Dollar Round  Read Replies (1) of 56535
 
Thanks for the update from Jellystone and sorry to hear about your father-in-law. I wish him well and trust he'll have a successful operation.

Here is my TL;DR (too long; didn't read) take on what's going on in the markets yesterday and today with these large rallies:

It's business as usual for a bear market continuing to head further downward into next spring at a minimum and midterm elections in November. This strong rally confirms my beliefs in that regard as it's happened before several times in past decades just like this.

I've created and saved the much longer explanation of all of the market forces I believe are in play with the recession we're in (yes, we are in one), but decided not to post it yet. I'd just like to get some feedback on it from you Trader J in a PM before I post it here.

I think it's good but I can also get a little full of myself sometimes and not connect the dots as well as I think I do, so I just need some feedback if you've got the time to check it out.

Be safe out there all of you and squeeze this rally for all it's worth. I don't expect it to last past the first week of November regardless of how the elections go, if that long. It's a smokescreen for what that the Fed has done and what I believe it will continue to do.
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