SMC Update 9-14-23

Thu, 09/14/2023 Thursday, 09/14/2023 5:17 PM PDT


Comments (4)
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daniel039209
daniel039209

brian1469 said:

Once again it looks like we are going to get a 2 day delay from the news like most FED reactions have been this year.

Would like to see an absolute slaughter going into the weekend if Peter is right and this is wave 3

reiterating: a break of SPX 4450 will set off some landslide. they caught alot of people yesterday on that large rally.

dcarter8883312
dcarter8883312

NFLX Could Drop To 360 rather quickly. ~Dorothy

adwhartonmd232
adwhartonmd232

S&P 500 dropped 54.78 points today to below 5,20,&50 day moving averages and closed below at 4450.32 The 50 day ma was at 4482.51 The 200 day ma is way down at 4182.09

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adwhartonmd232
adwhartonmd232

I know Peter does not like events but US House Speaker McCathy has problems with the Republican Party and has to pass a bill to extend the budget in 9 business days or the Government will shutdown Oct 1st This would be major economically problem and stock market would have the stimulus for major sell off. This would fit Peters projections

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