Home > Boards > Free Zone > User's Groups > TOP GUN

Posted this elsewhere yesterday before open...

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
BooDog Member Profile
 
Followed By 193
Posts 20,044
Boards Moderated 4
Alias Born 08/03/06
160x600 placeholder
Fed Again Eases Terms for Main Street Lending Program--Update
The Federal Reserve announced Friday its latest round of changes to boost participation in its $600 billion lending effort targeting small and midsize businesses amid difficulty by Congress and the White House in reaching agreement on a new round of relief measures.
Trial of Covid-19 Antibody Drug Regeneron Is Halted in Sickest Hospital Patients
Fed Again Eases Terms for Main Street Lending Program
Regeneron Monitoring Committee for Covid-19 Vaccine Recommends Holding Off Enrolling Patients With High Oxygen Requirements
Top Company News of the Day
Dow on Track to Wrap Up Worst Month Since March
Total Returned to Profit, But Recovery Was Mixed -- Earnings Review
NatWest Surprises With Swing to 3Q Profit -- Earnings Review
U.S. Consumer Confidence Ticks Up in October But Stalls at Month-End
Altria Cuts Juul Valuation to Below $5 Billion
Credit Karma in Talks to Sell Tax-Preparation Business to Square
Chicago-Area Business Activity Slightly Eases in October -- MNI Indicators
Form 8.3 -Willis Towers Watson Plc
Correction to AbbVie Earnings Article
Where Trump and Biden Stand on Budget Deficits
Exxon Posts Third Consecutive Quarterly Loss for First Time -- 2nd Update
Huawei Slips to No. 2 in Smartphones as Samsung Reclaims Lead
Exxon Posts Third Consecutive Quarterly Loss for First Time -- Update
Novo Nordisk 3Q Net Profit Rose as Pandemic Disruption EaseD -- Earnings Review
U.S. Personal Income +0.9% in Sept; Consensus +0.5% -- Update
Mexican Economy Rebounds in Third Quarter
Total: Third Quarter 2020 Results
Citigroup Issues $2.5 Billion Affordable Housing Bond
U.S. Personal Income +0.9% in Sept; Consensus +0.5%
Prosus Launches $5 Billion Buyback in Bid to Close Tencent Value Gap -- Update
BooDog   Wednesday, 08/14/19 04:06:45 PM
Re: BooDog post# 4218
Post # of 4265 
Posted this elsewhere yesterday before open...

Quote:

Yesterday, 07:17 AM #3033


BooDog's Avatar

BooDog




BooDog is online now TSP Talker Reputation: 882 AutoTracker



Join Date:Jan 2008Posts:208Likes (Given):247Likes (Received):162


Quote:
Default Re: Whipsaw's Account Talk








Quote Originally Posted by Whipsaw View Post

How low can we go? Downside targets anyone? I'm thinking 2850 on SPX.




My flat line is around 2740 - 2760 for the SPX.

The bears are trying like crazy to kick the bulls where it counts. And the media is playing right into it as well blowing every bit of news out of proportion.

Look at gold starting to hit 2012 resistance. https://finviz.com/futures_charts.ashx?t=GC&p=m1 and the banks doing their thing as well. The SPXN coming into a wedge https://finviz.com/quote.ashx?t=SPXN
All in all I see a very good potential to see double bottoms near 7k on the NASDAQ https://finviz.com/futures_charts.ashx?p=d1&t=NQ around 2700 on the S&P https://finviz.com/futures_charts.ashx?p=d1&t=ES and even a double bottom around 25000 for the DJIA. It could hold its support around 25500 but who knows. If those support levels break we're looking at possibly going under 24k. Take a look at longer term trend lines and those support levels stick out a little better imo. I'm certainly not a qualified analyst or advisor. Not expecting all this to happen overnight, just like the bull market there are up and down shorter term trend lines. And I'm betting on a decent bounce soon. I was neutral to bullish but starting to have my doubts.

But, if the bulls can somehow start squashing the bears then they can turn this around in a hurry.

Better news...
"UK wages rise at fastest rate since 2008, but unemployment also up:" Morning Brief



I took some off yesterday at close as well ( my moves need to be in before noon and take effect at close)...

Quote:

Yesterday, 10:45 AM #21

BooDog




BooDog is online now TSP Talker Reputation: 882


Join Date:Jan 2008Posts:208Likes (Given):247Likes (Received):162


Default Re: BooDog's Account Talk



Volatility.

moved some back to G. Now 5% C, S & I, 85% G

I can move the rest to G if we keep moving up, but can't add till September. Buggers!



Anyway, who knew things would move as fast as they did.

"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist
Consent Preferences