Invesco QQQ Trust, Series 1Короткая
QQQ - Update - Not A Convincing Open
Well at least not horrible news on the unemployment front, but the market is not buying it. At this point the they come out with OK numbers and then are 11 for 12 in revising lower so the market is not buying the BS.
Also the chances of recession are increasing here, don't need to go any further than looking around at all the discounts companies are offering. Twelve months ago there were no deals on trucks, now they are offering incentives. Same with Motorcycles, 1.99% financing was not an option, now its everywhere.
Groceries are also coming down, look at meat prices, eggs, and dairy. Lower lower lower. With the exception of chicken thighs, they seem to be holding their own. Crappy because that is what I feed my dogs which are on raw diets ;(/.
Anyways, layoffs are starting to trickle in with the likes of John Deere, Dell, Wells Fargo and other large companies. These are good paying jobs with benies and this will trickle into the service industry. I mean seriously, we went to breakfast the other day and it was $35 for the two of us.
In short, I am not convinced and it looks like the market is not convinced this is a roaring economy. Also the rise in unemployment is starting to approach 5 and houses simply are not selling like hotcakes anymore. In our neighborhood in Florida, a house would be on for at most 3-5 days, not we have several that have been on 2-3 months.
This is the domino effect, anyone that can buy, is simply looking at the numbers and thinking, hmmmmmm in six months I can get a lower rate. This feeds into a housing recession. We are one of those, we just sold our rental and we are looking to buy another. However in order to avoid taxes through a 1033 exchange, we have to buy here.
So I may take a stab at selling some short term calls in the meantime. See where we are in a few and I will post the trade as I take them.
Also the chances of recession are increasing here, don't need to go any further than looking around at all the discounts companies are offering. Twelve months ago there were no deals on trucks, now they are offering incentives. Same with Motorcycles, 1.99% financing was not an option, now its everywhere.
Groceries are also coming down, look at meat prices, eggs, and dairy. Lower lower lower. With the exception of chicken thighs, they seem to be holding their own. Crappy because that is what I feed my dogs which are on raw diets ;(/.
Anyways, layoffs are starting to trickle in with the likes of John Deere, Dell, Wells Fargo and other large companies. These are good paying jobs with benies and this will trickle into the service industry. I mean seriously, we went to breakfast the other day and it was $35 for the two of us.
In short, I am not convinced and it looks like the market is not convinced this is a roaring economy. Also the rise in unemployment is starting to approach 5 and houses simply are not selling like hotcakes anymore. In our neighborhood in Florida, a house would be on for at most 3-5 days, not we have several that have been on 2-3 months.
This is the domino effect, anyone that can buy, is simply looking at the numbers and thinking, hmmmmmm in six months I can get a lower rate. This feeds into a housing recession. We are one of those, we just sold our rental and we are looking to buy another. However in order to avoid taxes through a 1033 exchange, we have to buy here.
So I may take a stab at selling some short term calls in the meantime. See where we are in a few and I will post the trade as I take them.
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