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Off-Topic Stock Market & Crypto Discussion

Individual investors, spooked by the banking storm, are losing their appetite for U.S. stocks.​

After reaching a monthly record in February, share purchases by individuals have slowed sharply, falling to levels not seen since November 2020, Vanda Research data show. The pullback leaves equity markets without a dependable leg of support as some investors become increasingly concerned about the possibility of a pronounced recession, rather than the "soft landing" scenario many had hoped the Fed could pull off in its efforts to tame inflation. In the coming days, investors will pore over the March jobs report for insights into how the labor market is faring.
 

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mr.h said:
I’m glad you didn’t post 2022…
Click to expand...
Last April was a ****show. We also had a negative quarter to start the year. But apparently the year before an election is also strong.

IMG_2042.jpeg
 
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I am a big fan of history and going with the odds/megatrends, but there are so many crazy factors out there right now. Bottom line though, with a ridiculous budget deficit, the Fed still raising, chronic shortages in labor, energy, housing and food, and an economically incompetent government, I am still net bearish.
 
OPEC needing to cut production again…

USDISM Manufacturing PMI(Mar) 46.3-3.3947.547.7

USDISM Manufacturing Employment Index(Mar) 46.9-1.5149.849.1

USDISM Manufacturing Prices Paid(Mar) 49.2-0.8953.851.3


If they are looking for a slowdown, here we go.
 
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mr.h said:
OPEC needing to cut production again…

USDISM Manufacturing PMI(Mar)46.3-3.3947.547.7

USDISM Manufacturing Employment Index(Mar)46.9-1.5149.849.1

USDISM Manufacturing Prices Paid(Mar)49.2-0.8953.851.3


If they are looking for a slowdown, here we go.
Click to expand...

Slowdown is a foregone conclusion, inflation needs to come in more, and that is unclear.
 
From Barrons today, the scuttlebutt is that Brandon had promised the Saudis that he would be refilling the SPR and reneged. Surprised the S&P is holding up.

The Biden administration may not be entirely blameless, though. The U.S. had intended to buy back oil for its Strategic Petroleum Reserve (SPR) when prices fell to about $67 to $72 per barrel. But Energy Secretary Jennifer Granholm said late last month it would be difficult to do that this year.
 
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07:55USDRedbook Index (YoY)(Mar 31) 3.7% --2.8%

09:00USDFactory Orders (MoM)(Feb) -0.7% -0.45-0.5% -2.1%
09:00USDIBD/TIPP Economic Optimism (MoM)(Apr) ---46.9
09:00USDJOLTS Job Openings(Feb) 9.931M-1.6710.4M10.563M
all lower numbers..except same store sales
 
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the Fed loves the numbers, but the mkt did not. You can’t have it both ways.
 
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Big S&P and ISM numbers coming. Any number above 50 shows growth.

USDISM Services PMI(Mar) 51.2-0.9254.555.1
 
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07:30USDContinuing Jobless Claims(Mar 24) TRADE NOW1.823M4.061.699M1.817M
07:30USDInitial Jobless Claims(Mar 31) TRADE NOW228K2.71200K246K
Are we seeing the weakness the Fed wants to see?
disinflation?
 
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