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Perfect BULLISH setup this week


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#11 dTraderB

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Posted 28 January 2019 - 11:55 AM

Just keep on talking will calm the markets, at least on the trade war issue

As for borrowing, once that GDP is 3% and over, not too bad; yeah, one day it will matter, but in the long run we are all dead.

 

 

Bloomberg Retweeted

Best case for U.S.-China trade talks this week? @PIIE's @jfkirkegaard says it's "kicking the can down the road," i.e. to keep talking. In part because Donald Trump is "politically weak" after he reopened government without winning any border wall funding. https://www.bloomberg.com/news/videos/2019-01-27/u-s-china-talks-best-scenario-would-be-kicking-the-can-down-the-road-piie-says-video 

 

Bloomberg

To finance the U.S. government's growing budget deficit, the Treasury department will borrow another $1 trillion for the second-straight year https://bloom.bg/2G5MFmz 

 



#12 dTraderB

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Posted 28 January 2019 - 12:00 PM

If we lose the financials today (which I hold and I am not selling) - I can see the market down by over two percent. @jimcramer @tomkeene



#13 dTraderB

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Posted 28 January 2019 - 12:01 PM

Bad earnings trump FED dovishness & China Trade negotiations

 

James DePorre @RevShark
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There were eight earnings reports before the open this morning and seven of them missed estimates. Column coming on http://www.realmoney.com 

7:57 AM - 28 Jan 2019


#14 dTraderB

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Posted 28 January 2019 - 12:06 PM

NIVIDIA was bad, but CAT earnings shocked many....

 

Downtown Josh BrownVerified account 

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Caterpillar is a sh!tshow, too. This has implications for everything. Company does business all over the planet.

 

Nvidia just told you the same thing you heard from Intel and Apple - consumers slowing down and large deals are not closing because of economic / trade uncertainty. If they’re all “a one-off” then none of them are one-offs.



#15 qqqqtrdr

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Posted 28 January 2019 - 04:15 PM

Went over my charts on Friday...   The momentum is strong upward on the market, but short term we were overbought...   I am expecting a couple days of downside earlier this week for short term indicators to come back into Neutral territory...