DHUnplugged Podcast

PAIN - that is what he said.... PAIN! RSS feed gone wild. It looks like it is fixed. Markets held up nicely - but end of the month, low volume and just trader exhaustion seemed to win over. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm Up - Worst Day in months - Powell invokes Volker  - PAIN AHEAD - $10,000 off Student Debt Sale - RSS Feed - something not right with DHUnplugged - Pushed show on Fedd 5 times last week. - Need a CTP Stock! - Inflation HOT is baseball Card Market! Market Update - HOT MESS - Now What? - -  Europe poised for more problems with Russian Oil - ECB next in line to start hiking rates - EVs Stil hot News - Ford up - 50-Day MA - S&P 500 and NASDAQ 100, touch and bump Monday BIG ANNOUNCEMENT - TEASE REALLY - TriggerCharts Indicators - New Distribution, New platforms..! NOW TRADING VIEW.. Launch 1st week of September - Tradestation, eSignal, TradingView! RSS Feed Gone Wild! - Pushed 3-4 DHUnplugged. Something with Site code - Maybe... We shall see tonight. Salesforce Story - Credit Card expiration - thought I updated - Billing due 8/14 - 8/29 get a threatening email and warning about pulling forward contract and lock out - 8/29 - LOCKED OUT - can't even get to the billing area to see what is up... - Threatening email - no direct way to contact --- Your account with Salesforce has an outstanding balance of USD******. If this balance is not settled by 08-Sep-2022, your account will be placed with a third party collection agency. If payment is received by Salesforce after this date, payment for the full contract value will be required before your account can be reactivated and for any and all collection costs incurred by Salesforce including the fee for placing the account. We are obligated to pursue the entire unpaid contract value of any and all agreements between Salesforce and *Horowitz & Co.  We would like to avoid these measures; however, we feel we have no choice but to take these steps. Salesforce will have no obligation to maintain or provide your data after the time specified in your Master Subscription Agreement, and will thereafter delete or destroy all copies of your data in our systems. You may request a data export within the time period set forth in the Documentation by logging a support case. Start with Inflation Item - "Gasoline futures have fallen to new trend lows this morning, now printing lowest levels in over 6 months" - Down 32% from high Gas Futures Technicals ! - 50 DMA - holds for all major indices after Friday's breakdown - 200-day massive resistance - - Institutional - 1st line of support (50 Day) ---- But 50 Day below 200 day - Not good set up ---- One good thing - 50 Day slightly rising - End of Month, light volume, big sell-off - Needs to Hold and rebound if any chance Powell Speech - Says the word Pain - Invokes comment about Volker - Essentially walks back any thought that they are going to slow the rate hikes White House Prepping - Says they think employment numbers may be soft on Friday - or softening... - On that note - SNAP laying off  20% of staff - Remember all those calls for : "Nobody teaches finance in school?" - THIS IS WHY WE GET COMPANIES THAT THIK THEY CN RUN WITH CRAP FINANCIALS Jackson Hole Reality Check - Awakening - Central banks spent decades building their credibility on inflation fighting skills and losing this battle could shake the foundations of modern monetary policy. - - "The longer inflation stays high, the greater the risk that the public will lose confidence in our determination and ability to preserve purchasing power." (ECB Member) - "Even if we enter a recession,