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Forecast: Stimulus Bill soon!!! Word is bullish!


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#1 traderx

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Posted 16 December 2020 - 07:27 AM

The 4 principals met twice yesterday. After first meeting talked to their parties. Then met again.



#2 traderx

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Posted 16 December 2020 - 08:21 AM

deal might happen this morning-trade accordingly



#3 traderx

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Posted 16 December 2020 - 08:23 AM

SPX already moving up



#4 traderx

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Posted 16 December 2020 - 08:29 AM

looks like no money for state and local govs, and no liability restriction for companies

each party wanted one of those

our government is now working again---compromise is key

 

none is set yet- just forecast



#5 traderx

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Posted 16 December 2020 - 08:32 AM

retail sales report   downnnn not good- causing very small decline in market, but stablized



#6 traderx

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Posted 16 December 2020 - 08:34 AM

I love TA but also use news.



#7 12SPX

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Posted 16 December 2020 - 08:59 AM

It's interesting that it knows its going to get its stimulus but that retail number was pretty bad, could it actually be thinking about reality lol!  I'm short from 3697 with a profit stop of 3696, see what happens after the open would like 3700 to short at! 



#8 12SPX

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Posted 16 December 2020 - 09:08 AM

profit stop 3693... for the open we'll see after that...



#9 12SPX

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Posted 16 December 2020 - 09:22 AM

And out for a 7 point profit as I moved it to 3690... gonna be a fun open!



#10 fib_1618

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Posted 16 December 2020 - 05:52 PM

And....the President won't sign it in its current form...next.

 

Fib


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