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security certificate probably expired
I have to force the entry in this site because my antivirus is blocking me. I'm just saying.
"Tehran by noon. Nuuk by Dinner" {??}
Tik Tok's mail header, I have no idea but it sounds good. LOL
I am almost FLAT as indicated on Friday afternoon, and I have no strong bias - bullish nor bias. I think market wants to go up but
maybe a bit wary of the geopolitical situation - Iran, Ukraine etc, and even CUBA that seems to be targeted by Donald. Of course, CUBA is
easy pickings but there is the worry that CHINA may seize the opportunity to take Taiwan, Russia to up the ante on Ukraine etc..
S0, I will remain flat to small short and let it play out, maybe we can get more info to go long or short
327 Views · 35 Replies ( Last reply by 12SPX )
Turn Windows for the Week of January 12th
My turn probability summation system readings which try to predict turns or acceleration of the current trend in the DJIA are again high for just about every day this coming week with peaks on Monday January 14, Thursday the 15th and Friday the 16th.
The peaks in the summation system on Tuesday the 6th - Wednesday the 7th and on Friday the 9th caught small local tops which just may have set up a double top of some sort if the DJIA turns down on Monday the 12th. More on that below.
The high fast equity put/call ratio posted last week under the turn window update provided a good buy signal, short term at least, as shown below. The low value of the ratio at the end of the week may be warning of the potential for a bit of weakness sometime in the next few days. Again more on that below.
Finally, it looks like tomorrow the SCOTUS is finally ready to rule on the POTUS tariff tantrum last year. Given that tariffs are a tax which is revenue for the government which is paid by US based importers and the Origination Clause in Article 1 of the Constitution requires all revenue raising originate in the House of Representatives, it would sure seem that the only possible outcome is for the SCOTUS to strike down the tariffs, assuming, of course, that the SCOTUS has a copy of the Constitution, or they have actually read it, which given some of their rulings, is seriously in doubt. Of course, Bessent has said the Administration has Plan B in their back pocket to still maintain the tariffs even if the SCOTUS rules against them. Regardless, this whole mess could rattle the stock market bright and early this week and not in a positive way.
Regards,
Douglas
Actual Position and Market Opinion Poll for Monday 1/12/26
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Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".
Check out past Poll results here: http://www.traders-t...n-poll-archive/
AAPL, Washed out as small caps march,looks like it closed
looks like it closed the Oct. 20th gap today. Accumulation looks fine for a stock in a downtrend, gaps lower they start nibbling, slow stochs. 6.5 just the way I like them, couldn't resist not buying that RSI of 26. In at $259.63 in AH, Ill buy more lower. Small caps on a tear, but will they be seeking a little more safety in big cap tech. Big cap tech has been terrible, and Katie Stockton says no way on "Fast", I'll try it for a quick trade with stops in place.
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