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My FF for Today


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#1 redfoliage2

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Posted 31 October 2017 - 09:21 AM

VST signal turning bullish.  Expect market higher later today.............



#2 redfoliage2

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Posted 31 October 2017 - 12:33 PM

VST signal remaining in Bullish mode.............



#3 redfoliage2

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Posted 31 October 2017 - 02:06 PM

VST Neutral now.........



#4 redfoliage2

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Posted 31 October 2017 - 02:13 PM

For tomorrow watch out what tax bill the House is to unveil.  If it's a five-year phased-in cut then expect a sell off.............


Edited by redfoliage2, 31 October 2017 - 02:22 PM.


#5 typicalbear

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Posted 31 October 2017 - 03:42 PM

For tomorrow watch out what tax bill the House is to unveil.  If it's a five-year phased-in cut then expect a sell off.............

 

I believe today's corp collected tax-average is about 16.9%.  Now, they want to lower the rate to 20%.  Am I missing something?

 

As I have posted several times....there isn't going to be a tax cut or reform.  They claim to have been laying the plan out for months but as I

 

write this , they"re trying to come up with $2.5T to pay for it by screwing with 401K's and state and local taxes while ending the death 

 

and ALT MIN taxes. We're broke....and soon everyone will be getting a good lesson on just how broke we are.  Tomorrow may be a sell the

 

news day.



#6 redfoliage2

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Posted 31 October 2017 - 07:08 PM

Release of the tax bill delayed:

https://www.politico...tax-plan-244385


Edited by redfoliage2, 31 October 2017 - 07:13 PM.


#7 redfoliage2

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Posted 01 November 2017 - 08:50 AM

VST signal in Bullish mode................................



#8 redfoliage2

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Posted 01 November 2017 - 10:43 AM

VST signal Neutral now.



#9 redfoliage2

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Posted 01 November 2017 - 12:15 PM

Now it's in Bearish mode............



#10 redfoliage2

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Posted 01 November 2017 - 12:34 PM

But I'd not be surprised if it reverses up after the Fed announcement later today..............


Edited by redfoliage2, 01 November 2017 - 12:37 PM.