It looks like you're new here. If you want to get involved, click one of these buttons!
catch22 said:What did you discover that was "significant" selling towards the close? With large percent moves up, it is normal and expected to find some selling; but I don't see any large % drops in the broader sectors.
What did you discover that was "significant" selling towards the close? With large percent moves up, it is normal and expected to find some selling; but I don't see any large % drops in the broader sectors.
racqueteer said:If you're going in, probably smartest to keep a close eye on the exits. Probably a trade only.
If you're going in, probably smartest to keep a close eye on the exits. Probably a trade only.
Old_Joe said:And the actual reason for this reversal is... "just because" ??? (Not that I'm complaining, mind you.)
And the actual reason for this reversal is... "just because" ??? (Not that I'm complaining, mind you.)
© 2015 Mutual Fund Observer. All rights reserved.
Future + 1.5%
Be careful could be bear trap
No pivot plans but stocks maybe hyperbolic
Maybe leg up before next leg down to 3500s 3400s
Same precautions as wading into shark infested waters.
Glad I found BHB when I did! ...I'm dying to see my PRISX pick itself up out of the ditch. ...It's only a relief-rally, anyhow.
*bumped into KIT JUCKES last night on Bloomberg TV. He's always interesting, to my mind. He's the FX guy at Societe Generale.
From a Linked-In profile:
"I have been busily ignoring Linkedin for years. Linkedin have created another profile of me, as 'bloke what works for Societe Generale'. I am slowly going to start trying to figure this malarky out so if I ignore you or fail to connect with lifelong friends, it's cos I'm rubbish....
My random thoughts can be found on twitter (@kitjuckes), or by finding my occasional blog on any search engine.
I was born close enough to Eldoret to be slightly disappointed I can't run a marathon in anything like 2 hours. After that, I spent a lot of time in France, some in boarding school and then some in London, studying economics (though I seem to have spent an awful lot of time playing hockey, tennis and bridge, instead of studying). About a week before my finals I worked out that I really, really like economics, and some time later I worked out that what I am really interested in, is economic history. By then I'd decided to spend six years studying the wrong bits of economics. If I'd worked it all out earlier I'd be an academic, and my wife and children would have deserted me…..so it's all for the best."
Monday was 89% up-volume day (barely missed being 90% up-volume day)
Tuesday was 95% up-volume day.
2 VERY strong successive up-days. Rare.
I read somewhere and posted last wk
After severe panic selling days /capitulation, VIX massively high, poor sentiments
Then followed (after 5-7 days sales off) w couple days uptrends ( bulk of Stocks sp500 mid caps low caps) 85% 90% finishing positive for 3 5 days (new consecutive higher highs) despite massive bad news, new baby bull maybe born/formed.
Will watch market breadth/macd and market trends next 3-6 trading days
Was watching Bitcoin, did not reach new lower low past 2 3 wks (less than 18.5k) which may mean bottom consolidations
All bets off if uncle Powell keeping hawkish tones, both feet on the gas pedals/ no backing off (not 0.5%raise followed by 0.25% next yr, and no Qt slows down)...