[Eccl 10:2]

We are in a bit of a channel, between the declining tops from the 440 area and the support around 435.

If we break above the channel, we will likely resume the longer-term upward trend.

If we break much below 435, we'll probably hit the weak 200 bar support around 430, then on down top the lower 420's.

NOTE: For discussion purposes only. I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you, nor does FreeRepublic.com.

[Eccl 10:2]

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

NOTE: For discussion purposes only. I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you, nor does FreeRepublic.com.

[ckilmer]

does that not look to you like a large bull flag?

[aMorePerfectUnion]

Definitely overbought range (composite of 9 technical indicators)...

Stops.

[Justa]

Moved my retirement funds to cash 2 weeks ago.

March is going to be a GenZ wakeup

https://www.youtube.com/watch?v=ovXaIFPy-ks

Many people have never seen economic repression. They can’t even fathom high interest rates in a recession.

“Living beyond your means never ends well”

[aMorePerfectUnion]

I’ll add this… cause it’s an interesting observation.

“ The top 10% of stocks in the S&P 500 account for 75% of the market, the highest concentration level since the Great Depression, per Deutsche Bank”

- x/Unusual Whales

[CFW]

For information purposes:

https://www.zerohedge.com/personal-finance/wtf-going-jobless-claims-data

“WTF Is Going On With The Jobless Claims Data...”

Article at link has long list of lay-offs, below is just the first 15.

---

“In the real world labor market, 2024 has been a sh*tshow of layoffs...”

1. Everybuddy: 100% of workforce
2. Wisense: 100% of workforce
3. CodeSee: 100% of workforce
4. Twig: 100% of workforce
5. Twitch: 35% of workforce
6. Roomba: 31% of workforce
7. Bumble: 30% of workforce
8. Farfetch: 25% of workforce
9. Away: 25% of workforce
10. Hasbro: 20% of workforce
11. LA Times: 20% of workforce
12. Wint Wealth: 20% of workforce
13. Finder: 17% of workforce
14. Spotify: 17% of workforce
15. Buzzfeed: 16% of workforce

.........

[1of10]

I’m missing your pings ...
hope you are doing ok

back in the channel ...
a lot of movement.....

I was wondering about your thoughts ...

I hope I didn’t tick you off with the unicorn comments
just trying to get some back and forth going

I don’t know what folks want in an “investment” thread ..

I’m on hold right now .... watching and waiting ..
I wish they had done this Friday , I was L+L 8-)

They are really working the DXY and 10y ... Looks like they are going to try and hold the NDX 18000 but ... who knows
right now?
It would be something if sqqq was 11 again Friday ...
If it shapes up that way .. I know what I’ll be doing.