[Eccl 10:2]

Good chance of more downside short term, IMO

Please ping me if you want to be added to the list, but…

NOTE: I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you.

[Sequoyah101]

I suppose it is pretty well established by now that the market baked in 6 rate reductions this year while the fed was thinking more like 3 reductions. When that sinks in at the next fed notice things will take a further hit. The moderating factor of course is all that inflation has to go somewhere; at least moderate increases in profit. If it comes to light that the fed will actually do something more like a rate increase before a decrease panic will ensue or at least serious disappointment. If they choose to back bidet they may hold. Time will tell. I expect the market direction is down though.

I will do mostly what I always do; buy more S&P ETF, more dividend ETF and pare down bonds since I hate them. Not very exciting, not very aggressive, not very technical but it works for me. After I have seen so many companies borrow or sell their children to continue a dividend I think it is as good or better than a bond that gives you paltry interest and your money back instead of a comparable dividend and inflation plus growth back.

Milk the cow, grow the herd, gather the eggs and save some chicks, harvest some hens and sell the old cows before they become unproductive.

[1of10]

I don’t know if you saw this ,,,

https://freerepublic.com/focus/f-news/4218280/posts

a little ditty about Powel and july cut ...

but then again here is a Rate hike one ...
https://freerepublic.com/focus/f-bloggers/4218259/posts

Looks like the plan may be to dribble the rate like a basketball

just thought I would throw those your way