Storch Advisors CEO Gerald Storch assesses consumers, record holiday shopping and the November retail sales report. #foxbusiness
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It would be interesting to see how all of these "business experts" have been doing in the market. They have been wrong at every turn for the last two years
Maybe president biden will forgive credit card debt like college debt
One in four are still in debt from last Christmas. π’
Everybody charging
Buying Chinese crap is the driving force for the U.S. economy! Sad.
Of course it will be higher because everything costs more duh!
mΗlΓ¬yΓ Β· mΗlΓ¬yΓ !! zΗoshΓ nghΗo οΌοΌ π₯Έπ₯Έπ₯Έ
Regarding the USD Index forecast from the 5th of November:
This was triggered yesterday:
– Profit Target 1: At 101.82, close 50% of the position and move the stop-loss to 105.68. If the price rises to 104.45 after closing 50%, reopen the portion that was closed (a sell limit order can be set at 104.45 after 101.82 is reached).
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For the USD Index:
– The price target is set between 99 and 100.
– This target is expected to be reached by the first week of January 2024.
The trading strategy is as follows:
– Set a sell limit at an entry price of 105.68.
– Establish a stop-loss at 107 to manage risk.
There are two profit targets:
– Profit Target 1: At 101.82, close 50% of the position and move the stop-loss to 105.68. If the price rises to 104.45 after closing 50%, reopen the portion that was closed (a sell limit order can be set at 104.45 after 101.82 is reached).
– Profit Target 2: Close the remaining position when the price reaches 100.
########
I am certainly one of the best financial forecasters in the world and perhaps the best pure forecaster across subject areas in the world. I can certainly be the best ever if I have the correct oversight and control around me.
My forecasts are not 100% correct (the SP500 forecast was not correct) but the forecast risk tolerances are so tight that risk can be taken off after paying the tiny risk premium to the market, that is, the losses don't even matter.
When I am placed correctly in Q1 24, it will be a struggle NOT to generate forecasts that produce weekly positive net returns. The asset class doesn't matter provided it is liquid.
Remember, you have the power to choose positivity in any situation. Let's embrace positivity and make the most out of every moment!
THIS MAN IS A BRILLIANT ECONOMIST. TELLS IT LIKE IT IS
5.2 GDP. >4 UNEMPLY for 22 straight months BIDENOMICS.
Are we on the same planet for real .We already are in a recession and there are so many bubbles in the market if you believe the stock market is safe I feel really bad for you good luck kiss your money goodbye if your playing the rich man's market.
π such a kind lady Maria.
They put on a CEO as an expert… whose company went bankrupt and is now gone as if he's an authority on anything or has good sound advice or prediction? Really?
Interesting to know if BackMarket will ever pay me back $100. for their bogus Lenovo with the b.s. hacked bios.
Stock market at all time high. Where's the coverage
I have been doing deliveries into Brooklyn from NJ all month, and have been going across canal st and over the Manhattan bridge on my route. I have never in my 41yrs of life witnessed the stores so empty on canal st. There is literally no one out and shopping. It is scary
25% of Americans are still paying in last years Christmas spending. How long can this go on?
Inorganic market bull. The way to get money out of people's pockets.
aint got no money,,,, everything is too expensive ; even a coke.
Pretty sure I went in 2 stores to shop Marshalls and TJ Maxx. The rest has been online. Walmart and Amazon. Kept things simple this year and all cash. Prices are ridiculous for sure. Next year I may cancel Christmas.
Americans don't want poison in our country ! Like food for one and the junk they dump in our country from all these other countries ! And yet were being rip off… Wallstreet Your Part Of It And Your Ship Is on A Crash Course…
This is what you get when putting a puppet in the seat FJB…
Problem with the November numbers are result of inflation when 'black Fri." sales were never what they were a few years back and retail theft rising across the country. It can get worse easily….
Better to buy a loaf of bread and pay for it once than buy a loaf of bread and pay for it for years.
What has the Democrats done to our major cities?
I'm not hearing inflation manipulated I mean adjusted on this report
ππππ toys RUS needs to get a new CEO. That can adapt to the new technology, adapt to evolution.
πππ Thomas Edison screw himself for not listening to Nikola Tesla to evolve to AC current. Instead Edison try to put down Tesla. πππ then Edison DC current staid behind on the evolution.
I am giving away avocados from my 100-year young avocado tree $0. Everyone loves them.
πππππ this guy must be studying Russia economy.
πππππ Google it for your self Amazon increased his net sales only on the third
quarter from 127 billion to 143 billion
ππππ check facts. ππ
The democommies killed Amerika.