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Turn Risk Tuesday and Thursday


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#1 Douglas

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Posted 19 February 2018 - 03:12 PM

The system says the risk of a turn in the stock market appears to be elevated this week on Tuesday the 20th and Thursday the 22nd. 

 

Despite what the system says, I think Wednesday the 21st may turn out to be the wild card this week if the FOMC minutes released that day reveal that the governors actually have finally awoken from their 9 year sleeping beauty slumber.  A little kiss from prince inflation might just have done the trick.   

 

Regards, 

Douglas



#2 slupert

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Posted 20 February 2018 - 03:45 PM

W bottom in the Dollar, semis held the comp up for the shorting opportunity. Tech might be seen as a little overvalued now with the low in for Uncle Buck. (JMHO)