Agreed, yesterday's selloff coupled with today's GAP and run....Now looking like closing on the HOD.

Thanks...the Gap on yesterday's "news" definitely has me scratching my head...

Should have known the bait and switch was right under my nose...ie...your chart.

pretty impressed with how they have held this up on the Gap.

nobody has the balls to tell the truth....they can't pull the plug.

AGCO...Fendt

This I know. I am or should I said was a loyal customer. We farm enough acres to afford 2 combines. We have owned deere equipment for 7 decades. They have made impossible to own their equipment anymore. It isn't reliable and parts are never in stock and they mark up the parts 4 and 500%....

1 combine to trade yoy was 60k 3 years ago, It jumped to 80k 2 years ago and to trade for 2025 it is now 120k....They are doing it to every customer. The inflation jumps they have taken have priced them out of the market. Prepare from a major backlash from the farming consumer. Belts have been tightened.

you've done well! I wish i would have followed your lead sooner. Looking toppy going into the fed.

Topped out!

Patience boys this Dog is dead for the next couple years. Construction is tanking. Deere is in major trouble. Fancy accounting only goes so far.

putting in a floor or ceiling?

like I said a month ago....even when we turned to a bear market the powers that be during an election year will run this back up. All of see the reality but at this time we are in fantasy land. Whoever takes control will inherit a horrible recession.

so when will they reflect the real job numbers?

I picked off a quick win as well but this market is going higher....hard to believe with Iran plotting an attack. Funny how they always wait till weekends to do it

wow...honestly didn't see this coming today....figured they would smash it on Friday. taking back all loses. nice work brother. keep killing it. I better pay attention to your calls more often.

nice. I just bought 529p for .22

nice call..

The rotation between indices is amazing...

If it doesn't crash at the end of the day....then yes. That's the way I look at it. all of us are looking for this overinflated boat to blow up and it kicks us in the teeth cause it makes you believe it finally is going to do the eight thing and it doesn't.

Like I said you may think you are in a bear market....(I want to believe that as well)...but we control nothing. Bots can turn a very bad economic outlook into nothing more than media foder...we never should have gotten this high but we did. Bots trading P&E's in the 30s and some near or above 50.

Today is trading like it did when we went from 415 to 520.

For today the bots are taking the long home.

it doesn't matter. the bots have been turned back on.

they are going to take it home today.

going to be hot and cold all day.

garbage day...no reason to trade this right now.

There will b no fade...wish there was.

With all the uncertainty in the market right now and global unrest we will see more volatility...this today was the machines telling us who is in charge.

Rotation at mid day

The machines are to strong. No way it sells off today.

DE about to get slaughtered. They have earned it. Can't treat your customers like shit for so many years and just expect them to keep taking it. They ran the largest inflationary period on the American farmer ever seen in history.

Lol....are you watching?? Are you not recognizing the economic downturn....Grains all went into a bear market....not just the United States. infrastructure spending is only minimal. US economy is on life support. It's being pumped by every media outlet across the US.

And we're supposed to believe the markets aren't rigged for 1 faction.

Ag economy is 3 years away from coming out of their recession unless a major weather event happens. This company is about to be slaughtered.

The one sector farmers will spend money on is planters. Find out how many planters are on order ....or better yet how many employees are working in Planter works(thats what JD calls their planter factory)... People have been laid off there for almost 6 months......just saying be careful...Papa Deere is going to slash.

I'm not....that will start getting heavily cut this next qtr. layoffs can only get u through 2 qtrs after that it's dividends. next wtr expect a huge dividend cut.

In the conference call they made no mention of more layoffs or driving down inventory even further. Maybe I shouldn't have said lie. I should have said never told the whole truth.

I work in this sector and agriculture is in a MAJOR recession....Farmers have pretty much closed their checkbook. Inflation has hit them for the last 10 years and now interest rates are putting the squeeze on. Deere cannot avoid a major hit here. Layoffs aren't going to save them from this recession.

Deere lied on their conference call. This is going to end badly.

No direct mention of these were made in the earnings call, although there was much emphasis placed on cost control measures.

“We ended 2023 with really low levels of large tractor inventory, but we think it’s prudent to drive those levels even lower as we close out our 2024.

“The key here, is that by staying ahead of demand changes, we’re giving ourselves the optionality to react most efficiently to whichever way the market moves in the next year.”

dollar weakening will cause more inflation. This all could have been avoided.

yeah this has been one of those many bot days. You have a timetable when the reality sets in? You've always had good perspective.

Close HOD!!!!

Higher for longer. A.I. thinks that will save us. Truth is nothing is going to save this.