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


To: Lee Lichterman III who wrote (61517)6/2/2022 10:05:50 AM
From: ajtj991 Recommendation

Recommended By
Lee Lichterman III

  Respond to of 97932
 
I was perusing the news this morning, and I hadn't realized Rocket Mortgage laid off 2,000 employees back in April. They say they are not really layoffs, but furloughs. Semantics.



To: Lee Lichterman III who wrote (61517)6/2/2022 2:10:24 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
towerdog

  Read Replies (2) | Respond to of 97932
 
I'm calling it quits for the day. Market feels heavy here like they're forcing it up and spending $5 to get $1. They might ramp the close but my last couple trades were slow and had me sweating a little. When the buy programs backed off, the drops were quick like there weren't many bids below. Not going to risk it and have work to do now that it stopped raining for a day or two.
Good luck

PS - I think this is just beginning of month inflows. MSFT news blown off, multiple Fed members making it more than clear that they are going to keep hiking and even hinted at September or more 50 point hikes coming and the market just keeps whistling past the graveyard. Gettin while the gettins good? Pain ahead, guaranteed