Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
- 2009- PRESENT DAY---100% dependent on "THE FED"
This is true for the entire US economy and the stock market as a whole.
Is that 250 on the spx?
no one is printing. Just adding zeroes electronically.
All the debt they have created. What else do you expect. They just had everyone doped into thinking that higher rates were not until 2023.
How did that turn out.
Looking more like a double top for now. I'm still not going long here.
buy the dip instead of taking a bigger risk here.
Every time the volume spikes. There is a sharp drop.
Not right now.
how do you profit from TQQQ
I am guessing you are planning on shorting tqqq or getting into puts, for the ride down to 31. Does time decay affect short positions or only long.
where will that put qqq
My vote is for spxu to outperform spy. Dont know bout the others.
Monday could be a big down day as in the start of a trend reversal.
SPY 300 would be nothing,for a true bear market correction. Just a 25% correction from the recent highs. I would say even lower to maybe 80
It could have started for all we know. I say we get to 4070 - 4075 before a bounce back above 4100.
Nikkei is down 2% according to yahoo.
A lot of people are predicting a top at 4300 in the spx. I was thinking approximately 4150. However, we are not far away from the 4300 area.
not a big correction.
Like the fact that you posted a number. Let us see what happens.
Good Call!
Powell on 60 minutes today. Says everything is under control. Fed will raise rates once inflation starts to average 2%. No rate increase this year and maybe not even next year. Says, things are different in a global economy.
Atleast you posted a #. My target is 4150, when it reverses.
They are just following orders. If they dont. They will be replaced with others, who will be just as willing to serve the masters.
Wow. It just opened above the 13600 resistance. Its been gapping up third day in a row. Amazing.
looks like they are coming up against a solid resistance at 13600. I don't see new high's for Nasdaq.
Spx is 125 or less away from a major top. Shorts being driven out and wiped out for the ride down. The coming correction will be brutal.
Could not do it. But now regretting. Gut feeling was correct for a quick scalp. Oh well that's how it goes sometimes. Maybe tomorrow.
Thinking of shorting QQQ here. It is right up against the 50 and has not been able to clear that mark the entire month of march.
Gold approaching 52 wk lows. BoFA was calling "3K in 18 months" back in April of 2020, when it was 1723. This means gold should skyrocket in the next 7 months to 3K
The ship in suez canal is now afloat again. That's what caused the green candles.
The 10 yr yield is on fire. Bounced of the 20 dma and now back above the
10 dma. Projected to challenge the 20 mark and a rise to 30 from there. All could transpire this year.
Missile attack on an Israeli ship: An Iranian ship hit an israeli ship near oman and the mkts turned back up. BTW this happened just as we were at the 50 dma expecting a bounce. What a coincidence. Technicals do work.
Powell is a liar. They all are. Some years back he embarked on a tightening policy and reducing the fed balance sheet to below 2T. Look where their balance sheet is today. They will keep printing and supporting the mkts. That's their monetary policy. Keep the rich in their furs.
Powell and Yellen signal confidence in economy. Everything will be ok now.
There you go. I posted my first chart here. Not the pro you are but it gives the message.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=162748345
Today's close right on the Trend line. Break below that and we visit 3850.
https://ih.advfn.com/p.php?pid=chartscreenshot&u=QBeOdvmC8zeWMEqFsHMwQ7V0z6YlFn%2Ft&kslash=s
You did not answer the question. I will state again.
"Can you predict where the SPY will be at friday's close, using your ruler lines. This will end the debate."
Please post a number instead of arrows. Thanks.
NW. Can you predict where the SPY will be at friday's close, using your ruler lines. This will end the debate.
SLV forming a Cup n Handle on the weekly chart. With all the alleged shorting by the banks, they can barely send it down.