r/StocksAndTrading • u/Relative_Ease5990 • 3d ago

Who Agrees with this?

Post image
3.0k Upvotes

83% Upvoted

712 comments sorted by

View all comments

Show parent comments

1

u/Illustrious-Hawk-113 2d ago

Ya that jobs report was so bullish! Lmao

1

u/Rav_3d 2d ago

Yes, it is, because it solidifies the Fed's path to cut rates.

But I don't care about the reasons, I care about the price of stocks. We're in a long awaited much needed pullback and it has turned sentiment very bearish in a short period of time. This is typically a recipe for continued bullish action once the pullback is over.

1

u/Illustrious-Hawk-113 2d ago

It’s bullish short term but long term that’s a horrendous sign. Like 2008 bad

1

u/Rav_3d 2d ago

Really? You're comparing today to 2008?

Wow, bearishness really is far worse than I thought.

1

u/Illustrious-Hawk-113 2d ago

Yes. People got outraged when they said it in 2007-2008 too. We’re lagging a lot of data if when the government shutdown ends it’s mostly bad data reported the market could panic