Jump to content



Photo

SOCIAL MEDIA AD BOYCOTT spreads - can NASDAQ still rally ?


  • Please log in to reply
44 replies to this topic

#11 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 08:28 AM

My biggest problem with Tom's robust 2021 S&P EPS forecast is his expectation of rising profit margins. As Grandma Koufax used to say, "Now way Jose." More on Monday's "Sell In June and Avoid The Swoon"
Quote Tweet
 
CtFjYadW_normal.jpeg
 
 
Thomas Lee
 
@fundstrat
· Jun 23
If true = giganto “V” twitter.com/carlquintanill…


#12 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 08:32 AM

WH Kudlow: Every Number Is Showing V-Shape Recovery For US
 
San Francisco Mayor Breed: To Delay Reopenings Planned For Monday - SF Virus Numbers `Low But Rising Rapidly'


#13 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 08:33 AM

Mark Zuckerberg just lost $7bn after a flurry of comps from Unilever to Coca Cola pulled advertising from #Facebook's network. Now Zuck is no longer the third richest person in the world. https://bloomberg.com/news/articles/2020-06-27/mark-zuckerberg-loses-7-billion-as-companies-drop-facebook-ads?sref=61mHmpU4


#14 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 08:36 AM

The Fosback Absolute Breadth Ratio 21MA has backed off from its multi-decade high made in March 2020, but it is still at a high level, which would ordinarily be high enough to mark a meaningful price bottom.
https://twitter.com/...523681238245377


#15 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 08:38 AM

https://www.marketin...summation-index



#16 Dex

Dex

    Member

  • Traders-Talk User
  • 2,546 posts

Posted 27 June 2020 - 09:34 AM

 

SPX island still intact. So is uptrend line.

 

 

 

Doesn't know TA ... in a downtrend you draw the line from the top.  Decline from the top of the island reversal.


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#17 Dex

Dex

    Member

  • Traders-Talk User
  • 2,546 posts

Posted 27 June 2020 - 10:08 AM

 

 

SPX island still intact. So is uptrend line.

 

 

 

Doesn't know TA ... in a downtrend you draw the line from the top.  Decline from the top of the island reversal.

 

Also, if you start the uptrend from the April low you can see the uptrend line is broken.

 

Helene isn't jelling.


"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16


#18 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 24,855 posts

Posted 27 June 2020 - 01:17 PM

Facebook Speech Police. What could go wrong?

Is America becoming a police state?

 

China social credit system, punishments and rewards explained

Oct 29, 2018 - China has started ranking citizens with a creepy 'social credit' system ... Like private credit scores, a person's social score can move up and down

 

As far as trading, except for very short term trades, I lean towards agreeing with this twitter post:

 

"This is the worst time to use traditional TA as your main guide.

FED has changed the rules of the game, continues to do so daily"


Edited by Rogerdodger, 27 June 2020 - 01:26 PM.


#19 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 6,939 posts

Posted 27 June 2020 - 02:02 PM

"Wild EXPLOSION in speculation:

NASDAQ / S&P volume ratio has gone through the roof, and is now higher than at the peak of the dot-com bubble!

For those who are old enough to remember, most traders who got rich quick during the dot-com bubble also lost their shirts in the crash"
https://t.co/JigxFj7tgh

Edited by dTraderB, 27 June 2020 - 02:02 PM.


#20 Bernie

Bernie

    Member

  • Traders-Talk User
  • 382 posts

Posted 28 June 2020 - 09:00 AM

https://www.tradingv...com/x/ssa2r6y0/

 

https://www.tradingv...com/x/F3pPmrhs/

 

https://www.tradingv...com/x/GtCuxSpA/

 

FYI, No reply's Thanks

Bernie