/biz/ - Business & Finance

real talk
do you guys REALLY trust this rally?
any big movements before a fed meeting would trip all my red flags
i wanna know if anyone is unironically buying into this or is it muh golden bullrun memeing

so basically we're in a state where market is gonna dump hard next week since inflation data is not looking good and fed will probably hike harder than expected, then after some panic optimism will come back on the prelude to earnings season, and every last dip will be slurped
then earnings season will make us pump higher than ever before, because "how can the economy be in the shitter when le ebin nvidia is promising a gazillion percent annual growth in AI chips?"
then come early august people will suddenly remember CPI and rate hikes are a thing again and we dump again, only for the dip to be slurped because "we already got through the worst of it, rate hikes are bullish since they mean we're one step closer to lower rates"
and this cycle will continue repeating itself, quite possibly for a few months, until all of a sudden we'll have a dip that will keep dipping without being slurped until we're suddenly in a bear market again?

>>55117592
>"""day""" trader
>leaves positions open during the weekend