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Watch for a NYMO Divergence


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#1 redfoliage2

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Posted 05 March 2021 - 02:22 PM

EOM



#2 redfoliage2

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Posted 05 March 2021 - 02:46 PM

Also watch the relief bill in the Congress, that should pass the Senator over the weekend.  I just cannot imagine that the Congress will refuse to help the people who voted for them and when many of them are currently struggling in difficult situation.  So it must pass, and it will ........................



#3 redfoliage2

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Posted 05 March 2021 - 02:57 PM

Also watch for USD/Yen carry trade money flows Sunday night....................



#4 hhh

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Posted 05 March 2021 - 03:02 PM

Is there only one guy in the Senate holding the bill up?



#5 redfoliage2

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Posted 05 March 2021 - 03:06 PM

Is there only one guy in the Senate holding the bill up?

I heard one guy trying to delay the vote by asking floor clerks to read out loudly the entire 600 some pages of the bill,  what a joke.  But the bill will pass, that's the common sense  ...................



#6 hhh

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Posted 05 March 2021 - 03:07 PM

Thanks, where was he when the Patriot Act was about to be passed?



#7 slupert

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Posted 05 March 2021 - 03:08 PM

EOM

any thoughts on CLOV, not the greatest stock, but I think its unduly punished, started building a position.



#8 redfoliage2

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Posted 05 March 2021 - 03:42 PM

 

EOM

any thoughts on CLOV, not the greatest stock, but I think its unduly punished, started building a position.

 

It looks a new stock, IPO last year?  You need to know the stories behind the recent down move. 



#9 redfoliage2

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Posted 05 March 2021 - 03:44 PM

Thanks, where was he when the Patriot Act was about to be passed?

He did not ask the clerks to read out the entire pages of that bill .................



#10 redfoliage2

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Posted 05 March 2021 - 03:46 PM

SPX now well above the 50 MA support, it's a good test on this key support ......................


Edited by redfoliage2, 05 March 2021 - 03:47 PM.