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my guess is it just topped fwiw


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#11 redfoliage2

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Posted 30 June 2020 - 02:21 PM

The market swing-bottomed  ............



#12 Darris

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Posted 30 June 2020 - 02:24 PM

 

Sell Bonds, buy Stocks.  Jerry Siegel, worth a listen.  

  https://ritholtz.com/2020/06/mib-jeremy-siegel-covid-market/

I agree with JS. I  am in  that process already.

 

I thought you would like it if you had not seen/heard it yet.  It is dated June 21st.



#13 andr99

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Posted 30 June 2020 - 02:37 PM

long long long long..........they have told it....they don' t want another financial crisis. Covid is digested by stock markets which were sent to the lowest possible point, because the powers that be had a V recovery scenario in mind. Such a crash is a single event not the start of a bear market.....they have said it using clear letters......and numbers   


Edited by andr99, 30 June 2020 - 02:38 PM.

forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#14 Rich

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Posted 30 June 2020 - 02:49 PM

It looks like I will have a pretty good up signal for tomorrow.

 

Rich

 



#15 slupert

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Posted 30 June 2020 - 02:51 PM

we aren't done yet, couple more weeks. (JMHO



#16 pdx5

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Posted 30 June 2020 - 02:51 PM

not sure but i think so 

Any chance you might change your mind after today's close?


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#17 redfoliage2

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Posted 30 June 2020 - 02:53 PM

There must be something happening behind today's move.  The news should be out any time soon.................

BTW, don't fight the Fed.


Edited by redfoliage2, 30 June 2020 - 02:55 PM.


#18 slupert

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Posted 30 June 2020 - 03:07 PM

There must be something happening behind today's move.  The news should be out any time soon.................

BTW, don't fight the Fed.

Mnuchin and Powell just testified. lol, it was on TV. Hammered out a pretty good bottom last week, eh? (JMHO)



#19 pdx5

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Posted 30 June 2020 - 03:07 PM

 

 

Sell Bonds, buy Stocks.  Jerry Siegel, worth a listen.  

  https://ritholtz.com/2020/06/mib-jeremy-siegel-covid-market/

I agree with JS. I  am in  that process already.

 

I thought you would like it if you had not seen/heard it yet.  It is dated June 21st.

 

The bonds saved my butt during March decline.

My instincts said the clearance sale in March in stocks was a good time to begin switching.

So far so good. If my target is reached in July, I am very likely to hit the sidelines.

I am becoming more and more risk averse as an octogenarian. 


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#20 K Wave

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Posted 30 June 2020 - 03:07 PM

There must be something happening behind today's move.  The news should be out any time soon.................

BTW, don't fight the Fed.

Or perhaps they're looking at Sweden and realizing the Virus has no real killing power left....along with sensing that the case spikes are nearly done here in USA.

 

And ...Don't Fight the Fed


Edited by K Wave, 30 June 2020 - 03:08 PM.

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