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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (14859)	1/11/2021 1:21:32 PM
From: The Ox	Respond to of 97958

I agree. Hard to see a crash coming but we are due for a simple correction. I might even say long overdue for a simple correction.

To: ajtj99 who wrote (14859)	1/11/2021 3:16:10 PM
From: edward miller	Read Replies (1) \| Respond to of 97958

So far $TNX is looking like FIVE WHITE SOLDIERS to me. At some point the Fed might need to do something. Might be a few broken eggs here and there. Not yet, of course, since we will all get out the door in time. Like always. <GGGGG> Not a prediction, just lame market humor attempt.

To: ajtj99 who wrote (14859)	1/11/2021 7:05:52 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 97958

Spark for a crash...How do you think the market will react when Biden is suddenly gone? I don't think there is much of a chance of him finishing 4 years and probably won't finish this year. Covid, stroke, or dementia, I just don't think he'll make it. Would the market like Harris better? Doubts about who new VP would be?

To: ajtj99 who wrote (14859)	1/12/2021 9:08:02 AM
From: The Ox	2 Recommendations Recommended By ajtj99 Lee Lichterman III Respond to of 97958

For most of last year, certainly through the first 6 months of the pandemic, crude prices were right around $40/bbl. In relation to the last few years, this was very low and substantially aided gas prices. With oil now over $52/bbl and GS claiming it will be over $60 within the next few months, gas prices will go up. For most, it won't be a big deal but for the bottom segment of our economy, it's going to be very painful, if this plays out the way it appears at this time. Many industries have added a "pandemic surcharge", similar in nature to the fuel surcharges seen on invoices when oil was well over $100/bbl. Lumber is up, copper is up, and the costs of many building supplies are also up, many due to the delays in product moving from overseas to the US. None of this affects the upper class but much of this adds additional strain on the middle and lower class. We are starting to see pricing pressures increasing in several key areas.