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"INFLATION PANIC SETS IN .... SUCKERS' RALLY"


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#41 redfoliage2

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Posted 16 November 2021 - 04:06 PM

The retail sales data is inflationary and 10 year yield going higher on it.  Stocks will have to go down ................


Edited by redfoliage2, 16 November 2021 - 04:10 PM.


#42 dTraderB

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Posted 16 November 2021 - 07:58 PM

Tiring trading this week, small profit Monday but bigger loss today. 

Still think this is a market ready to crash but needs a push, a catalyst, something to instill fear in the dip buyers. 

Until that happens, grind higher, pull back, grind higher again.... repeat. 

But that crash is coming.... sooner than most think. 

 



#43 dTraderB

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Posted 16 November 2021 - 08:00 PM

It is quite possible this could be a losing November for me but I think I can avoid that with more aggressive trading in final week of the month. 

 

Complete lack of downside continues in #ES_F. Slightly reminiscent of 1999 when NQ (which very oddly, also set its major low in mid-Oct) rallied from Oct 1999 to Jan with only 1 two day dip in November. Always safest to save heavy shorts for *after* support fails & respect trend
Quote Tweet
 
 
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Adam Mancini
 
@AdamMancini4
· 11h
Despite 5 green weeks, #ES_F only managed a small two red day dip last week, opting to chop instead. My core support yesterday was 4670-75: Tested, held & based above for last 12hrs Plan today: 4702, 4740 in play as long as 4670 holds (4650 lowest). Sell only begins below 4650 twitter.com/AdamMancini4/s…
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#44 dTraderB

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Posted 16 November 2021 - 08:02 PM

BAD BREADTH, a market living on borrowed time. 

 

McClellanOsc_1177.gif

 

https://www.mcoscill...t_breadth_data/



#45 dTraderB

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Posted 16 November 2021 - 08:03 PM

POWELL  will be out.... 

 

 
 
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The next $Fed Chair will be ... vote early and often. poll ends in about 4-hours
  •  
    Jerome Powell
    58.8%
  •  
    Lael Brainarrd
    41.2%
890 votes·Final results


#46 dTraderB

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Posted 16 November 2021 - 08:08 PM

This is NOT a bubble? OK  

 

 
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Rivian's ($RIVN) market capitalization is now $10 billion greater than that of Citigroup ($C) . 

Edited by dTraderB, 16 November 2021 - 08:09 PM.


#47 dTraderB

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Posted 16 November 2021 - 08:10 PM

...and, what a loser! 
 

Maryland Mayor Arrested On 50 Counts Of Distributing Revenge Porn On Reddit


#48 dTraderB

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Posted 16 November 2021 - 08:13 PM

Yeah, the final phase of this bubble

 

 
 
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The financial market rally has gone BTFD -> YOLO -> now FOMO. https://on.ft.com/3Cnxzm1


#49 dTraderB

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Posted 16 November 2021 - 08:15 PM

November 16, 2021- 8 PM SPX Tests ATH While Breadth & McO Below Zero https://sevensentinels.com/november-16-2021/
November 16, 2021- 8 PM SPX Tests ATH While Breadth & McO Below Zero https://sevensentinels.com/november-16-2021/


#50 da_cheif

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Posted 16 November 2021 - 10:55 PM

7 spentitalls ....lol....watch the sky after opex


Edited by da_cheif, 16 November 2021 - 10:55 PM.