Dear Chair Powell
I am not an economist, don't even play one on tv. I can't even say what is the real definition of inflation. But I do know this. The bag of groceries that used to cost me $25 now costs close to $35 or $40.
Best Regards,
A consumer
Something changed in the market today. I don't know what it was but that was the highest volume for Naz in at least 5 yrs which includes all those quad witches. And the March plunge.
I will never buy a value stock again.
I will never buy a value stock again.
I will never buy a value stock again.
I will never buy a value stock again.
I will never buy a value stock again.
I will never buy a value stock again.
I will never buy a value stock again.
TONIGHT on CNBC at 8p ET โ A CNBC Special Report: Markets In Turmoil.
After the Dow plunged 1,000 points and the Nasdaq dropped 5%, what's next for your money? Our reporters and guests will bring you the latest.
Dentist I know reports he did a root canal on a 22 yr old patient yesterday. Patient told him to buy TSLA because the stock is going to split and it's easy money.
Math classes must be optional these days..
I will start my Saturday morning chart-fest shortly. But there are some ground rules today.
If you have something mean or nasty to say, keep it to yourself or you will be blocked.
I have zero capacity for mean stuff today.
Insiders. I have never seen the ratio this high. Used to be 70 was 'off the charts'.
Whatever you do, please don't waste my time with 'but they sell for a variety of reasons'. It's high, don't rationalize it.
Tomorrow is August 25th. That was the date 35 years ago, in 1987, that the DJIA made its high before the Crash in October.
(Reminder that I have no life. I have no idea why I remember these things)
I tweeted a chart of TSLA yesterday. Gave no opinion, just said that the chart will be in a textbook one day.
Here's what I learned:
1) there are still lots of fanboys
2) I don't know how to draw a chart.
3) you should unfollow me now. lol.