What Direction will Stocks, Oil, and Housing Prices Go?

[KYLECODY]

The inflation bears are back! Equities are getting crushed this morning, 10 yr up 8.5 bps!

I like watching the RSI charts. Buy when its oversold and sell when its overbought. Even in this market for the indexes or large, profitable stocks its 10-15% up over a few months and then back down. Can't time it but can within a few pts on each end with patience. Just cant buy any high flyers, growth, select tech or non profitable stocks in this rising rate environment, imho. They get hammered on the bad days. Ive never had enough faith in individual stocks to go in heavy (I prefer houses), too many variables, most shady that can cripple most investors. It can be a con game. Just ask the CFO of BBBY that just jumped off the roof, literally, last week..

 

[Fernando]

Just last week, some Wall Street experts were downplaying inflation saying inflation is not as bad as it is.
Makes me wonder if Wall Street is manipulating Main Street in profiting from their misleading views.

 

[redfish]

Thanks to low appraisal volume, I have been able to focus on my investments more. I welcomed the late week rally last week with some Friday profit taking with a goal of getting to 50% cash in my port. When the equity rally continued Monday I was a bit perturbed but waking up this morning and seeing futures down 2.5% vindicated my liquidation Friday. Woohoo.

 

[KYLECODY]

Thanks to low appraisal volume, I have been able to focus on my investments more. I welcomed the late week rally last week with some Friday profit taking with a goal of getting to 50% cash in my port. When the equity rally continued Monday I was a bit perturbed but waking up this morning and seeing futures down 2.5% vindicated my liquidation Friday. Woohoo.

Nice work. I had been taking advantage of the ups when they came in spurts since January to try and get out of anything growth or the fashionable high PE/no profit stocks when I could do so without losing money. Im still refusing to sell my losers and just waiting things out for a few years. Many are down 50%, ugh. Im about 65% cash right now, hate to let the money just sit there but not willing to **** it away in a down market.

 

[Terrel L. Shields]

Despite the plunge in the stock market, oil actually went up slightly. And that despite a big build in oil reserves in storage. Despite weakening demand, Wall St. and energy hedge funds are betting that prices increase into the winter. That's my take at this moment - even a settlement in the war in Russia won't change much.

 

[Fernando]

One day at a time. End of year to difficult to predict.
If tomorrow, stocks crop again, we are in serious trouble. Can't recall recently when it dropped and then next day have another big drop.
If Wall Street goes up tomorrow, we have less worry.

 

[Joe Flacco]

You guys are so funny whenever there is a big down day.

 

[OSU Beavers]

 

[DTB]

Can't recall recently when it dropped and then next day have another big drop.

You missed April, May and June eh?

 

[Terrel L. Shields]

If tomorrow, stocks crop again, we are in serious trouble.

Zen youz in begg twouble...

I don't see it as anything but a big reaction to the Fed raising rates and inflation not beginning to fall. Apparently there are a lot of investors who thinks Powell doesn't have the heart to continue raising rates if Wall St. whines enough....and I thought that too but I may be wrong. Powell in Jackson Hole basically said he was gonna do it and had to do it and wasn't letting off the brakes for anything until he knocks employment down and slows the economy. That's what tames inflation. And it may take several years to actually do it.

OTOH, if the trains go on strike, then the dock workers out West goes on strike....the oil refiners run out of ethanol...a hurricane distrupts the oil from the Gulf and no reserves left in the SPR...ugh, Katy bar the door...This is gonna hurt. The winter of our discontent is upon us.