BUT SPX 3300 doable by September
Possible...at least by the end of the month.
Fib
FED watchers scratch heads BUT SPX 3300 doable by September
Started by
dTraderB
, Jul 13 2019 03:31 PM
32 replies to this topic
#21
fib_1618
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Posted 14 July 2019 - 09:09 AM
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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#22
dTraderB
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Posted 14 July 2019 - 09:21 AM
Not into ideology, I prefer trading with the sole objective of making $$
BUT, since Trade War and related issues are influencing the markets, I want to know what is happening, the tone & tenor of the negotiations, and the
results, if any; China wants tariffs remove but that is a final objective that can be softened or finessed if they get other things:
Signs are growing that Donald Trump won’t get what he wants from China anytime soon
https://www.bloomber...nts-frustration
Hu Xijin 胡锡进 Retweeted CNBC
Current US administration team prioritizes their own political interests, bragging about their non-existent trade war victory, predicting negotiation prospect as needed, manipulating public expectations by selectively releasing information. Mr. Navarro himself is not reliable.
Hu Xijin 胡锡进 added,
CNBCVerified account @CNBC
Peter Navarro: Don't believe anything you read in the Chinese or US press about trade negotiations https://cnb.cx/2NP7Fn3
11:42 AM - 13 Jul 2019
#23
redfoliage2
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Posted 14 July 2019 - 09:32 AM
BUT SPX 3300 doable by September
Possible...at least by the end of the month.
Fib
It's also possible for SPX 5858 by September if we all wish so.................
#24
fib_1618
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Posted 14 July 2019 - 12:52 PM
BUT SPX 3300 doable by September
Possible...at least by the end of the month.
Fib
It's also possible for SPX 5858 by September if we all wish so.................
Nope...the markets can only do what they're able to work with...fantasy doesn't apply.
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.
Technical Watch Subscriptions
#25
hhh
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Posted 14 July 2019 - 01:29 PM
Isn't believing in endless, never to be repaid debt fantasy?
#26
fib_1618
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Posted 14 July 2019 - 07:04 PM
Isn't believing in endless, never to be repaid debt fantasy?
The funny thing is...it's this same debt that drives the equity markets higher.
This is why we usually see pullbacks, or even bear markets, only when the FED tightens "too much" or is "asleep behind the wheel" in its policy.
Regardless, following the directional flow of money allows one the ability to "not worry so much" and to just go with the course provided until it changes.
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.
Technical Watch Subscriptions
#27
dTraderB
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Posted 15 July 2019 - 06:23 AM
I hope tis week is not as dull as overnight & this morning session
I like this indicator, as another tool, not as a BUY/SELL trigger; I do not depend on any indicator to be my buy/sell trigger; I AM THE one who decides when to buy & sell....
SPY - Hold Long above 299 - Woo Hoo on a hold long signal - the rule is to buy at the low on Friday and hold until the open on Monday. WWW says we will be at a low on Friday. Earning favor sideway moves.
1:45 AM - 15 Jul 2019
#28
dTraderB
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Posted 15 July 2019 - 06:26 AM
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Over 75% of stocks in the S&P 500 are now above their 200-day moving average, the most since February 2018. $SPX
5 replies56 retweets117 likesReply5Retweet56117Like -
S&P 500 up over 20% so far in 2019, best start to a year since 1998. $SPX
11 replies39 retweets87 likesReply11Retweet3987Like
#29
dTraderB
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Posted 15 July 2019 - 07:20 AM
Lipper US Weekly FundFlows Insight Report: Money Market Funds ...
Seeking Alpha-1 hour ago
Equity mutual funds (-$3.3 billion) suffered their twenty-first consecutive weekly net negative flows. The usual suspects were responsible for the outflows, ...
#30
dTraderB
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Posted 15 July 2019 - 07:23 AM
* The case to own $DB * Over 75% of stocks above 200 day moving average - largest since February, 2018 * The ratio of Tech/S&P is at the highest level since January, 2001. * More signs of a global and domestic manufacturing recession. @jimcramer
4:37 AM - 15 Jul 2019 from Manhattan, NY
