US stock indices rally smells like a dead cat bounce

    https://www.marketpulse.com/markets/chart-alert-us-stock-indices-rally-smells-like-a-dead-cat-bounce-outlook-on-sp-500-nasdaq-100-and-dow-jones-djia/

    Posted by Candid-Elk6135

    31 Comments

    1. Responsible_Knee7632 on

      For the 5th time this month lol. Just look at the monthly DJIA, NASDAQ, and S&P charts

    2. When trump announces they are taking kharg island and opening the strait tonight it will plunge

    3. Ok_Drummer6282 on

      Given we sent another carrier to the middle east yeah. 

      This is a trap for people who dont browse reddit or immediate news sources and just take in the “trust me bro” cable news. 

    4. 1-Dollar-Doge-Coins on

      Half the people on Reddit seem to short circuit when the market goes up, when they feel like it should only be going down.

    5. Major corps still announcing the layoffs of tens of thousands of employees? Plans to take the island? More aircraft carriers? Announcement of cyber attacks against the west? Talks of invading cuba? Illegal national takeover of voting? Yea. Its not recovering yet. 

    6. STierMansierre on

      Retail moving in a little early. You guys gotta wait for the big bankers and investors to give obvious frustrated signals towards the current admin before you start buying. The admin can’t fix this at this point, they’re the ones who broke it and the world stage is holding them accountable until policy or leadership is changed. That will only happen with serious pressure and public outcries from the elites who now are seeing what this admin means for business despite being shown clearly already after a first term.

    7. Unusual-Economist288 on

      Low stake conspiracy here: It always seems like there’s a Q-end bounce so AUM advisors can max comp…

    8. weHaveThoughts on

      Does anyone else think the announcement tonight will be about invading Iran? The timing for an assault on Iran is about right as it will be 4:00 AM in Iran when the announcement starts.

    9. LordOfTheFelch on

      This is traders who are elated that they can use slurs and sexually harass coworkers again without fear of social opprobrium who are in the late stages of denial that such a development involves a tradeoff

    10. Relevant-Doctor187 on

      The market is essentially concentrated to the point a few people can control its general direction or at least it feels that way.

    11. If the strait of Hormuz was open today, oil will still hit $120 a barrel….. probably $130. 

      The Economy is going to slow down. At this point, it’s not technical analysis, it’s physics. 

      Transportation, factories, and construction materials need oil. 

    12. I think the real catalyst will be determined by whether or not I sell my positions at a loss.

      If I sell, new bull market for the year, if I hold, bears will maul me. Decisions, decisions.

    13. Big_Wave9732 on

      Damn, haven’t heard “dead cat bounce” used in serious analysis since the early aughts. What’s old is new again.

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