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ST SELL, IT SELL, another tax cut for the super rich...


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#1 dTraderB

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Posted 31 July 2018 - 07:42 AM

Both ST and IT sell still on

ST SELL stop @ my "secret" indicator level: 2814 (SPX daily close)

IT SELL stop @ 2821.4  (SPX daily close)

An intraday hourly close above 2819 will - most likely - trigger an ST BUY

 

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#2 dTraderB

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Posted 31 July 2018 - 07:46 AM

NOT GOOD

 

Trump Administration Mulls a Unilateral Tax Cut for the Rich
New York Times-16 hours ago
WASHINGTON — The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally ...
 
 
 
 
Trump weighs big tax cut for rich: report
International-The Hill-15 hours ago


#3 redfoliage2

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Posted 31 July 2018 - 09:23 AM

I think this morning index futures were propped up by fake news .............


Edited by redfoliage2, 31 July 2018 - 09:23 AM.


#4 q4wer

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Posted 31 July 2018 - 09:25 AM

we have a tipping point buy,  just a pop for today,  end of July.



#5 q4wer

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Posted 31 July 2018 - 09:29 AM

APPLE's earning after market close,  an event making shorts nerves.... 



#6 ryanoo

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Posted 31 July 2018 - 09:30 AM

I think this morning index futures were propped up by fake news .............

what news?



#7 q4wer

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Posted 31 July 2018 - 09:33 AM

APPLE's earning after market close,  an event making shorts nerves.... 

Bullish investors hope Apple earnings day serves as backdrop for a turnaround Tuesday

#8 ryanoo

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Posted 31 July 2018 - 09:34 AM

 

NOT GOOD

 

Trump Administration Mulls a Unilateral Tax Cut for the Rich
New York Times-16 hours ago
WASHINGTON — The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally ...
 
 
 
 
Trump weighs big tax cut for rich: report
International-The Hill-15 hours ago

 

The 99% will take a while to see it, maybe they will see it in 5 years.... a lot of middle class folks in the blue states probably saw tax increases ...

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#9 redfoliage2

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Posted 31 July 2018 - 09:46 AM

 

I think this morning index futures were propped up by fake news .............

what news?

 

Renewed interests in US-China trade talk............



#10 fib_1618

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Posted 31 July 2018 - 09:49 AM

 

NOT GOOD

 

Trump Administration Mulls a Unilateral Tax Cut for the Rich
New York Times-16 hours ago
WASHINGTON — The Trump administration is considering bypassing Congress to grant a $100 billion tax cut mainly to the wealthy, a legally ...
 
 
 
 
Trump weighs big tax cut for rich: report
International-The Hill-15 hours ago

 

 

A perfect example of how the media gets their marching orders in swamping politically biased information...happens every Sunday as well.

 

All of these "articles" provide little substance and only promote supposition as we ramp up to the mid terms.

 

The market pays no attention to such distortions, lies and half truths. Many here would be wise to do the same.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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