ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ajtj99

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To: Qone0 who wrote (74283)	11/30/2022 7:57:05 PM
From: Lee Lichterman III	2 Recommendations Read Replies (1) of 97932

The question is what would be the spark? Earnings are over, the Fed is done for a bit. It would have to be N Korea lobbying a missile into Tokyo, AAPL warning but it's too early. I'm having a hard time buying with a low VIX, high valuations and shrinking liquidity but we are in a 3 day month rollover bullish period so I know we'll probably keep climbing. Maybe tomorrow's PCE comes in hot. If the market keeps going through, I could see the Fed doing 50, then another 50 and another 50. My model says they need to get to 6.5% and it's been climbing the longer they've been behind.

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