The job market should not rely on monetary policy bail-outs in the first place. It's like administering painkillers to a cancer patient. The Fed cannot cure the cancer.
No but if you’re looking at a stock like Tesla and you can’t rely on fundamentals, you’re essentially riding momentum. So if the stock is trading above VWAP, and SMA and is breaking resistance and holding for more than 5 mins, and the RSI doesn’t bottom out to sub 25 for more than 5 mins, that’s a pretty clear signal that buyers are in control and price will continue to rise, a simple look at at the tape for the day and seeing higher lows being made and attending upward SMA means it’s going to keep running.
The reason I didn't punt very much into it compared to my other is that I didn't do much on ORCL. It checked my sentiment box - which is something that I use for investing / identifying things. I didn't have much time tho as it was hours before ER's so I just punted
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Basically - I read the daily / see what people are chatting about (tickers). I'll do my own DD on it / very high level (is this a shit idea or is there potential?). Not much beyond that. If I think there's potential I'll search around online (forums such as here, r/investing, r/stocks, even yahoo (meme energy is there) and a bunch of other places. I'll do a high level sentimental analysis on it - basically - what do people think. But - there's more to it than that. I try to figure out who is smart money and who is dumb money (who actually knows what they're talking about). Hence - I shitpost and interact with people. Basically - I actually talk to other investors (I don't just run the numbers myself).
If you get a bunch of smart money all agreeing on it - generally it's a safe bet. I don't work in many industries I invest in (ie: I bought UNH at 240, but never worked in healthcare) - so I rely on the sentiment of people smarter / more knowledgable than myself. I look for a group consensus of "yes" or "no" among smart money. I mostly filter / ignore dumb money.
Basically make a 2x2 matrix of "smart money, dumb money" crossed with "bullish, bearish". Bucket people and look for trends there & follow the trend. IE: I'm trying to trend follow before it shows up on the charts. If you get a lot of dumb money being long (& smart money taking profits) - it's often a top signal. I saw this on OPEN - which is why I shorted it. On this one - lots of smart money was saying "calls, duh" and so I figured "well, fuck it, I'm in".
Core PPI excludes oil, but it measures the price changes received by domestic producers for goods and services, which still heavily rely on energy prices.
So, oil can indirectly affect Core PPI through higher transportation, plastics, or chemical input costs. For example, if oil rises, shipping costs increase, which can raise the price of non-energy goods over time.
On the other hand, CPI also includes imports. That’s why I think PPI means relatively little, and the Fed cares much more about CPI or PCE. but TBH. I don't know the full correlation between Oil and core PPI.
OK folks, listen up. What you are seeing is typical bubble behavior. The SEC ignores forward statements which can be utterly ridiculous because of the disclaimer on every SEC doc and each earnings call. CEOs sees that Tesla and others can make ridiculous forward looking claims and be rewarded by market participants. Ellison and Oracle has just joined in on the fun.
The same thing happened during the dotcom boom. It is up to the market to call "bullshit". If it is unable to do that, we rely on the SEC and shareholder lawsuits. But neither of those two options are efficient. And the SEC isn't going to do shit for at least the next 3 years.