for those of you that trade the dow... looks like the probability is for the dow to continue lower for another year. but, no guarantees from the management.
Very interesting Mr bear.
Im not a bond person mainly because I've spent little effort to understand that market - besides the basics - and I just naturally cant wrap my head around it. That market is amazingly important through out the world. Thanks for your continued attention to it. This chart and article is great.
And how's your bee business? I for one would be interested in an update ,stories , predictions ,woes etc.
Interesting chart. Thanks bear.
I continue to believe that Powell and company are going to continue their hawkish path on interest rates but I was wondering what effect (on our stock market) other central bankers actions around the world will have. The Bank of England recently did an about face and went from tightening to loosening (buying bonds). If the world takes that path, will the easy money find it's way to the US stock market? Or at least counterbalance our Fed's tightening?
everything was severly oversold. the dow was too far below its moving averages. so there may be a bounce for a bit.
look at this... a shoulder in late 2021, and early 2022. then a weird double head over the last 6 months. now i think we will work on the right shoulder for a couple months. probably won't go over 105.
downtrend should resume with another rise in interest rates. but for now we may have a bull trap. if you are long stocks, you may want to take a profit after we rise a little.
Dow 1 month below:
Dow 1 year below:
Dow 15 years below:
bees are ok for now. last year, before the monsoon, the bees were not doing too well. we had a harsh drought. tucson went more than 15 months with only 1 inch of rain. that was before la nina set in.
but after the monsoon last year, things have gotten better. there is more moisture in the soil (and in the bloom). the monsoon last year was the 3rd highest (rain total) in 100 years. the monsoon this year was good.
the big problem is costs. if a person needs to replace some bees, the cost has gone up more than 50% over the last 2 years.
the price of pollination is up only about 10%.
i raised my price of honey a little more than 10%. (i can't raise the price too much, because it will pizz off some of the long term customers, and you do not want to loose them). but if you raise the price about the same as inflation, then folks understand.
Whoever thought a thread about the dow/stock market would discuss bees/honey (-:
But this is a sweet topic wherever it lands (-:
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