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what is youor total position in spxu and ave price. I have 1500 at 14.1 average.
Could not agree with you more.
You could not be more wrong. American military is the worst. The american soldier is a high maintenance entity. They need bottled water, regular food and cannot live of the land if they had to for months. The airforce planes are not as good as what we have been led to believe. Look what happened in vietnam. The costly and the vastly superior USAF planes could not shoot down the lightweight mig 17, 19's. And it goes on and on. The US military is a device to deliver tax payer dollars to the defense industry. Look at the B1 and the F-35. Boths planes cost billions and are rated poorly by most airforces except the USAF. Why, because the USAF generals are the minions of the defense indutsry. As I said I could go on and on.
War breaking out with china will be the end of the US. They will attack american interests overseas. This is just posturing to make the cowboys happy ( as in we are in charge). Nothing will happen.
TOP!! People are calling 4K on the spx.
keeping my thumbs Xed.
futures are not indicating that
One can say that the fed pump before the drop stopped it at 35%. Otherwise could get much worse. This drop was engineered. As someone said on this board the algos are just a mechanical manifestation of human thoughts. It seems as though new highs are in order.
That will never happen. The fed has always cradled the markets. It just became extremely obvious this time.
"Criminal". That part has become very clear to everyone, about our government especially this year. They are not even hiding it. There is a lot of organized crime infiltration in the stock markets. Mafia has graduated to white collar crime, as in gone corporate.
Demand is being artificially created by the fed to keep the prices from going negative again. A lot of people had predicted negative prices again at the expiration of june contract this month, but did not happen. This is being done by allowing the airlines to fly empty planes to keep burning gas. There are still a lot of flights in the air, mostly flying empty or at 5 - 10 % of capacity.
The next question is, why would airlines fly these plains and not avoid further costly losses. Answer is the fed bail out money.
work from home is only a temporary thing. Even though people are working from home companies are still maintaining their respective areas and paying the rent off course.
This is indicative of an extreme bullish sentiment. Most pundits on Youtube are calling 3600 this year. A target also mentioned by DowDeva. Question is do we go there this year and straight from the 2850 - 2900 area or do we first take a trip down to the 2500. I have a bearish sentiment but have made scalps here and there on the long side much easier than shorting. Futures up tonight.
While NIK is moving up. Japan has officially fallen into a recession.
Nasdaq very close to closing that gap from february. That should be a completion of sorts of the retracement for the techs and start the move down for all indices. DOW is already lagging behind. Unable to close above 24700.
That was a different FED. This one has a magic wand. He can make everything right. Wer can all sleep well. Thanks for the info in the pc ratio. I am thinking of buying spxu today.
A perfect "W" has formed on the daily chart.
Sad but true. The common man is f'kd to the core. Thank Uncle ...
does not look like today.
DOW still below the trend line resistance I was talking about. Let us see if it can clear the 24700
Geez, we heard ya. This message posted six times. Just went long with spxu.
what is it saying?
LOL
Powell's interview was not assuring at all. He had no clue except empty words of hope for the nation. Good enough to pop the futures.
I dont. According to the rules, there is a lot of extra money to be made for hospitals if they show a patient has or died from covid -19. Where there is money there is greed. Where there is greed there is corruption.
Killing the elderly and people who are 60 or over has a double advantage. No SS payments no medicare expenses. We all know these systems are insolvent or near insolvency. So I guess this was a great way to make these systems viable again.
India and china, the worlds most populated nations have no medicare, hence no reason to report false deaths. Chloroquine has yielded excellent results in those nations. But hey, we wont give it a shot here because there is no profit to be made and corporations must profit regardless the price to people. eom.
NN hasn't a clue. From zero he now goes to new highs, soon he will change it back to zero again.
same thing for QQQ and NQ. This means that they will never allow indices to fail. Individual companies? Yes.
Or
They will increase the weighting of certain companies that are looking promising.
There are others whose phones need to be checked.
volume is back down to an average of 400KK share per hour. Normal for days when it has been closing green for the recent month or so. So I am guessing it will be a green day today.
Good call. That went right by me.
This is setting up for a gap up tomorrow.
Not happening. expect a strong rejection from that area.
The way I see it is the left shoulder top is in place in oct 2018. The head is the present top in february. The right shoulder is in the process of getting completed as we speak. Drawing a trendline between these three is giving a downside target of 1200.
I am not an options guy. So cannot comment on you strategy. Never understood options, so stay away from them and just watch. This board does benefit me in when to go long and short. Basically a trend trader with an occasional scalp here and there. Usually with spxu, spy and qqq.
However, I do believe that we are setting up with a huge H&S pattern on the spx weekly chart, which will resolve itself near 1200. This is apparent on a three year chart.
why does the fed want to impoversih the people
DD are you saying its safe to jump in head first into shorts.
I am near kildeer
what suburb
do you live in the city or the suburbs?
That is what the fed wants everyone to think, that the markets will never tank. Once everyone has bought that the rug gets pulled.