42 replies to this topic

[parsifal]

And now with Macron re-elected the worst is yet to come, quite sad.  But what is even more worse is that the situation in the EU is irreversible, it has gone beyond control.

[redfoliage2]

Okay, the market just barely dodged a black swan as Micron won the France presidential election (that's why the market was sold hard last Friday).   Statistically there is a 95% probability that the market will bounce up this week..........................

Edited by redfoliage2, 25 April 2022 - 03:36 AM.

[andr99]

the market was sold heavily on Friday to favour the election of Macron. Newspapers and tvs and the stock market manipulation just to create the fear inside Joe six pack, that if the right parliamentary wing wins it will be a big big problem. The big problem will be for the thousands of illegal economic immigrants that might receive a ticket to get back home. But don' t worry, next year it's our turn to vote and the leftists can prepare themselves to lose their seat in the parliament and find a real job.............. 

[redfoliage2]

Okay, the market just barely dodged a black swan as Micron won the France presidential election (that's why the market was sold hard last Friday).   Statistically there is a 95% probability that the market will bounce up this week..........................

We got an intra-day reversal from the washout sale and we are likely have seen a bottom today .......................

[redfoliage2]

For tomorrow -  I'd not be surprised at all if we see a big gap up at the open.   But if it gaps down it's just a gift for bulls ...........................

[redfoliage2]

Since SPX bounced nearly 100 points from the low yesterday it looks that the market wants a consolidation here especially in the morning hours  ...........................

Edited by redfoliage2, 26 April 2022 - 08:38 AM.

[12SPX]

I wouldn't say its quite consolidation but not surprising to see a pullback lol!! 

[redfoliage2]

I wouldn't say its quite consolidation but not surprising to see a pullback lol!! 

Sure this is more than a consolidation.   Now let's see if the February low will hold or not ..................... 

Edited by redfoliage2, 27 April 2022 - 08:30 AM.

[redfoliage2]

Let's see if AAPL earnings after close today can save the market from going down below the Feb. low ......................................

[redfoliage2]

This looks a do/die move from bulls covered by the pending AAPL and AMZN earnings reports.  They must have known the reports going to beat.  This may set the bottom here, but it needs to be confirmed tomorrow.........................

Edited by redfoliage2, 28 April 2022 - 02:52 PM.