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Stimulus Plan Updated in the Congress - Going to Pass Soon with/without GOP


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#1 redfoliage2

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Posted 28 January 2021 - 04:47 PM

https://www.bloomber...stimulus-update


Edited by redfoliage2, 28 January 2021 - 04:50 PM.


#2 redfoliage2

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Posted 28 January 2021 - 04:52 PM

https://www.business...iliation-2021-1



#3 fib_1618

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Posted 28 January 2021 - 04:54 PM

Duh.

 

Makes you wonder why the party who's in control right now are dragging their proverbial heels on this as we return to a pre-Trump era of failed political and economic policies.

 

Fib


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#4 redfoliage2

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Posted 28 January 2021 - 04:56 PM

No bubble as the Fed said.  I see more new highs in February ...................



#5 fib_1618

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Posted 28 January 2021 - 04:59 PM

No bubble as the Fed said.  I see more new highs in February ...................

 

Probable...as we still have to work off the momentum of the fuel provided over last 2 months before a more broader based correction is noted.

 

Fib


Edited by fib_1618, 28 January 2021 - 04:59 PM.

Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#6 pdx5

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Posted 28 January 2021 - 05:46 PM

No bubble as the Fed said.  I see more new highs in February ...................

I hope the bubble lasts through mid-March when I can exit with long term gains.


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

#7 redfoliage2

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Posted 29 January 2021 - 09:35 AM

 

No bubble as the Fed said.  I see more new highs in February ...................

I hope the bubble lasts through mid-March when I can exit with long term gains.

 

Bubble?  you will find SPX much higher by the end of the year ...................



#8 redfoliage2

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Posted 29 January 2021 - 10:13 AM

I see a short squeeze is in the cards for next week .................



#9 12SPX

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Posted 29 January 2021 - 12:50 PM

Gonna have to be quite the short squeeze now lol!  With biden in charge I think its gonna be heavy lifting for the market! 



#10 redfoliage2

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Posted 29 January 2021 - 01:07 PM

Now by shorting stock index futures hedgies are trying to recover their huge loss from being squeezed in the GME trades.  It's a matter of life and death for them and they have to win this time in order to repay the big loans from their Wall Street buddies.  No doubt their Street buddies are helping them to win this time or the money they lent will be gone.  It's a corrupted Street ................


Edited by redfoliage2, 29 January 2021 - 01:16 PM.