50 replies to this topic

[slupert]

one stock I have been shorting is Roku, I think she's running out of steam.Ruth is pricey as are several others. (JMHO)

[tradesurfer]

Wow ! 92% above 200 DMA.  and shot up in a straight line

 

http://schrts.co/UEJNAISj

[traderx]

vix lower -low volatility indicates going higher

[redfoliage2]

https://www.zerohedg...ribution-season

 

https://www.zerohedg...oaring-realized

Edited by redfoliage2, 29 November 2020 - 07:11 PM.

[Rich C]

We've been in a trading range since the early Sept. high and the market is back at the top of the range.  PE is extended, earnings season is over so no positive catalyst there.  Congress does not seem disposed to pass any stimulus bill in the lame duck session, no catalyst there.  Virus is accelerating, that's a negative.  I think the vaccine good news has been priced in.  I'm looking for a correction, no idea how far it pulls back.  I sold AVGO because it is overbought, will look at other overbought stocks to lighten up a bit.

[linrom1]

Going to be a down month for December ..................

Down December implies bear market in 2021?

[salam]

 

Going to be a down month for December ..................

Down December implies bear market in 2021?

 

Pretty much, but down January seals the deal, usually 

[tradesurfer]

https://twitter.com/...5820820480?s=20

[tradesurfer]

I agree with the idea that the direction of December sets the 'tone' for 2021 and early next year...

 

possible huge liquitidy event about to unfold

[redfoliage2]

The Fed is currently reluctant to do more on liquidity, but as the stock prices getting higher and higher the liquidity is drying up and unable to support higher asset prices.

 

https://www.investin...sible-200546232

Edited by redfoliage2, 30 November 2020 - 10:14 AM.