78 replies to this topic

[dTraderB]

Expect more market behavior similar to last week, possibly SPX 3300, but unless there is a major election issue then markets will make new HIGHS in November. 

 

Trillions in Stimulus as well as the FED coming in a the most optimum time will spur the markets ahead. 

 

The only major issue that can prevent this is another virus surge that closes several parts of the economy. 

 

ADAM:

@AdamMancini4

 

Have a great weekend! Election nearing and $spx spent this month setting up for a move that looks to be up Plan next week: The pattern is an inverse H&S within a bull flag. 3465 breaks it out targeting 3520 & 3575. For bears: Loss of 3420 1st sees 3370-last chance spot for longs

 

[dTraderB]

Next level guy, TIC TOC:

 

@TicTocTick

 

Weekly analysis for 10/26:

1. Expecting considerable weakness early into next week on S&P500

2. My weekly targets are sub 3300

3. Analysis void if any daily close above 3460. Now 3456.

[dTraderB]

quite bullish, l

 

 

 

Helene Meisler

 

@hmeisler

 

Saturday Poll I am not at my desk today but let’s vote anyway! The next 100 points for the S&P?

 

UP

56.3%

 

DOWN

43.7%

3,035 votes · Final results

7:55 AM · Oct 24, 2020·Twitter for iPad

 

Helene Meisler

 

@hmeisler

 

Saturday Poll I am not at my desk today but let’s vote anyway! The next 100 points for the S&P?

 

UP

56.3%

 

DOWN

43.7%

3,035 votes · Final results

7:55 AM · Oct 24, 2020·Twitter for iPad

[dTraderB]

VIXX too high for SPX a few % away from ATH but this is a election hedging environment so not surprising. 

If VIX rises this week I may do a SVXY trade 

 

Tom McClellan

 

@McClellanOsc

 

My latest Chart In Focus article, "VIX Open Interest Says This is Not a Top", is posted at https://mcoscillator.com/learning_center/weekly_chart/vix_open_interest_says_this_is_not_a_top/….

[dTraderB]

 

https://www.mcoscill...t_breadth_data/

[dTraderB]

Lance Roberts

 

@LanceRoberts

·

6h

 

On a longer-term basis, #markets remain #overbought, #extended and very #exuberant. Yes, don't fight the #Fed for now, but just remember #reversions happen ALL. THE. TIME. https://realinvestmentadvice.com/stimulus-no-stimulus-market-bounces-with-headlines-10-23-20/

[dTraderB]

Lance Roberts

 

@LanceRoberts

·

6h

 

The #market continues to hold support at the 20- and 50-dma cross, but remains confined to a downtrend. A break of support will bring September lows into focus as we are close to triggering a #sell signal. https://realinvestmentadvice.com/stimulus-no-stimulus-market-bounces-with-headlines-10-23-20/

[dTraderB]

Lisa Abramowicz

@lisaabramowicz1

·

Oct 23

 

More individual investors are bullish than bearish on U.S. stocks for the first time since February, via

@TheOneDave

[dTraderB]

Safe Haven Demand

Extreme Greed

Stocks have outperformed bonds by 6.84 percentage points during the last 20 trading days. This is close to the strongest performance for stocks relative to bonds in the past two years and indicates investors are rotating into stocks from the relative safety of bonds.

Last changed Oct 20 from a Neutral rating

Updated Oct 23 at 4:10pm

 

[dTraderB]

link for above

https://money.cnn.co...fear-and-greed/