Discreet Dolls

Crucial date for stocks: Thursday

stinkynuts

Super
Jan 4, 2005
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CPI data will be released in the morning before market open.

It is expected that CPI will be around 6.5%, down from 7.1%.

If this happens, or if it falls even further, then this is HUGE.

This will signify the turning point. The Fed will hike 0.25 one more time, pause, and in the second half of the year start cutting rates.

The market will anticipate this and the rally will start. S&P may gain 20%, Nasdaq 30%, and the tech stocks that have been battered could come back 50%+.

Some stocks to consider:
Netflix
Nvidia
Microsoft
Apple
Google

QQQ should be a very good bet in the next couple years

Cruise stocks will recover as well. I doubled down on:
NCLH
CCL

One stock that could lead to massive returns is Matterport (MTTR). This is a great company that creates virtual replicas of buildings. It's down 90% from its peak last year, and if it goes back to its peak, it would mean a 1000% return (10 times).

If the metaverse takes off, this could be a huge player in the market. Over the next ten years, I see this company becoming huge. You've probably seen the 3D virtual tours in real estate listings, that is just one application. It is also used for virtual tours such as in museums, virtual shopping in stores, and other innovative applications.
 
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Anbarandy

Bitter House****
Apr 27, 2006
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So, you're all in, fully invested before Thursday's lift-off?

I kind of remember Jerome Powell putting a damper on the markets' expectation of just this kind of "all-in, ready for lift-off' sentiment that aborted the previous launch date.
 

stinkynuts

Super
Jan 4, 2005
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So, you're all in, fully invested before Thursday's lift-off?

I kind of remember Jerome Powell putting a damper on the markets' expectation of just this kind of "all-in, ready for lift-off' sentiment that aborted the previous launch date.
Yes, Jerome Powell and his minions have been talking down the market, trying to keep a lid on stocks. I already hold all the stocks that I expect to do welll They are down big, so I hope to make a recovery.

The difference is that this time there will be no fed meeting for at least three weeks, so there is plenty of opportunity for the market to rally unchecked to some degree. Also, this next drop in inflation will be a much strong indication of a consistent and strong trend down, resulting in massive drops in inflation by the year end, along with cuts.

I'm predicting the S&P to rally 2% tomorrow, and the Nasdaq 3%, maybe even higher. Tech stocks, along with Tesla may jump up to 3-7%.
 
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stinkynuts

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Jan 4, 2005
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Will today be a monster day with 5% gains, and indices in the + 3-4% range? CPI coming out in ten minutes!
 

stinkynuts

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Jan 4, 2005
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CPI came it at 6.5 as expected. Did not come in lower as many hoped. Premarket is down, but market should do pretty good today. Not sure why premarket is still red for the Nasdaq and tech stocks. They should go up during the day, hopefully.
 
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stinkynuts

Super
Jan 4, 2005
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Well it would be nice if some of my stocks came up from the 54% loss I took last year.
Ouch, and I thought I was hit hard.

It looks like the market pre-priced everything yesterday, hence the 1.7% gain in the NASDAQ yesterday. NASDAQ is flat. :(
 

stinkynuts

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Jan 4, 2005
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Holy crap, Tesla down 5% and tech stocks sinking along with the NASDAQ. CPI met expectations, and wasn't bad. This is strange.
 

richaceg

Well-known member
Feb 11, 2009
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Lucid just got another 1.5B loan...this stock was battered for 2 years...from high 40s all the way to $7...XPEV and NIO are down as well...Only Lucid is on green right now...I wouldn't touch it though....I put some eggs on MULN....@ 0.22 and it's now 0.39...tech should bounce back early this year...just not today.
 
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