Jump to content



Photo

ST: "the path of least resistance is anything but higher" .. except TESLA?


  • Please log in to reply
127 replies to this topic

#11 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,125 posts

Posted 13 March 2021 - 11:04 AM

Weekly Perspective...

 

604ce1b44862e_ZBTBond031321w.thumb.PNG.c


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#12 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 03:31 PM

XTRENDS:
"This is the most important week of the year for all asset classes. FED will bluff bond markets to stop the bleeding on Wednesday and bonds may call its buff. Plus this is a quad expiration week #SRVIX"

#13 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:03 PM

ADAM:
The headline behind the recent selloff was surging yields, yet 10yr made new highs last week & $SPX was +200 points. Every move has a narrative & if trading was easy as following it everyone would be rich. Absolutely critical to ignore headlines & trade only price and your setups

#14 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:04 PM

ADAM:
Have a great weekend! The key pattern in #ES_F is an ascending "megaphone" causing every big rally & selloff since November. We bottomed March 4 at support. Resistance now 4060

Plan next week: 4060 in play as long as 3890/3855 hold. 3855 fails we sell again. Details below $SPX https://t.co/mBr8ZiqVmy

#15 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:09 PM

Fuel to rally!

Stephanie Link (@Stephanie_Link) tweeted at 11:17 am on Sun, Mar 14, 2021:

Consumer: $3T in fire power to spend. Something to think about.


(https://twitter.com/...4562861056?s=03)

#16 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:13 PM

LANCE:
So interesting comments last week from @dougkass on #specuation which has not been removed from the #market as of yet. This is showing up in #smallcaps which are priced beyond what even the most #optimistic #economic assumptions can deliver.
https://t.co/vMoihjIkEJhttps://t.co/omEuCtFyYV

#17 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:14 PM

"Friday was the lowest NYSE volume in a month"

#18 dTraderB

dTraderB

    Member

  • Traders-Talk User
  • 8,689 posts

Posted 14 March 2021 - 04:17 PM

Wow! Extreme bullishness!
Look for a pullback.

Helene Meisler (@hmeisler) tweeted at 8:26 am on Sat, Mar 13, 2021:
Saturday Poll

The next 100 points for the S&P?
64% up
36% down

(https://twitter.com/...9436075011?s=03)

#19 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 7,808 posts

Posted 14 March 2021 - 07:41 PM

If that $3 Trillion is all bulled up, why should it count as bearish?

Money flow trumps sentiment :)


Edited by pdx5, 14 March 2021 - 07:42 PM.

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

#20 brucekeller

brucekeller

    Member

  • Traders-Talk User
  • 887 posts

Posted 14 March 2021 - 10:50 PM

I wouldn't be surprised if savings rates keep going up.  Some people will travel and spend, but there are tons of people still paranoid about COVID even after the vaccine comes out. Of course, were most of those homebodies to begin with?