Jump to content



Photo

Markets will rally....when Gary Cohn denies he is leaving WH


  • Please log in to reply
2 replies to this topic

#1 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 06 March 2018 - 10:56 AM

Forget technical and fundamental analysis, astrology, throwing a dart or tossing a coin, here's how you trade in the Trump era:

 

When Gary Cohn denies he is leaving WH after rumors etc sent the market down from the N Korean's rally

 

.. and will go down again when people realize N Korea is simply stalling and buying time, something Trump understands and appreciates because that's his primary strategy 

 

...and market will go up again when Trump muddles the tariff issue as the market decline hurts his ego

 

...and weirdly, Ron Paul is agreeing with me (see here: https://www.cnbc.com...it-stocks.html)

 

SERIOUSLY: watch for early signs of VIX & VXX ( I prefer looking at VXX)  divergences from the S&P, there are some of that today. 

 



#2 NAV

NAV

    Member

  • Traders-Talk User
  • 16,087 posts

Posted 06 March 2018 - 11:12 AM

This market is teetering on the edge .


"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#3 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 16,704 posts

Posted 06 March 2018 - 11:36 AM

Yeah, really wild market action, symptomatic of a confused and panicky market.

I see it is testing your 2713 area.

Am looking at how it behaves at 2700 plus or minus 5