226 replies to this topic

[dTraderB]

No, does not seem likely as global economic, financial, and political situation worsens

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Latest:

Breaking Market News 

 

@financialjuice

·

1h

 

CHINA'S SICHUAN EXTENDS FACTORY POWER CUTS TO AUGUST 25TH - CAIXIN

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Power cuts & COVID SURGEs in China, many other places, but the most worrying possibility is a WINTER OF MISERY in EUROPE: war, less gas, economy plunges into recession.... 

 

Can POWELL et al in JACKSON HOLE  bail out the market again ? Maybe, for a week or two, but the is the very high probability of a disastrous Winter.

 

The good news is this will be the WORST, the world - especially EUROPE - will rapidly increase usage of renewables, and a new BUUL MARKET begins in 2023. 

 

 

[dTraderB]

BARRON's said the US in a recession now; it is, but many are in denial. 

 

Recession Is Already Here for Many

Despite the market bounce driven by the release of federal oil reserves, small businesses and households are straining under the pressure of still-high inflation, an unbalanced labor market, and dwindling savings.

https://www.barrons....d=past_editions

 

here is another indicator that supports an ongoing recession:

@AvidCommentator

· 1h

The Dreaded Inflation Yo-Yo - A Thread -

Currently U.S trucking costs are seeing big falls as retailers are faced with record levels of inventory (h/t @FreightAlley - In time this will hit the trucking sector hard, its stuck between falling contract prices and rising costs.

https://twitter.com/...341950636146688

[dTraderB]

One of my favorite SHORTS when it trades  above 900 .... soon, it will be even more favored when above 800 is a sure SHORT

 

Waiting... biding my time, again.... 

 

@TrendSpider

·

10m

 

$TSLA Printing a blue doji so far this month right near May's high

[dTraderB]

So, what's new?

THIS: it is becoming a popular opinion

 

@Nouriel

·

Aug 15

 

Roubini Sees Either US Hard Landing or Uncontrolled Inflation

https://twitter.com/...298539162828811

 

OTH:

@JimPethokoukis

· Aug 16

JPMORGAN am trading note: "Tail risks diminishing post-CPI, sentiment improving for risk assets: signs that a peak in inflation is behind are growing, which reinforces the idea that Fed hawkishness is likely behind and a soft landing is increasingly likely."

[dTraderB]

@AdamMancini4

·

20h

 

Have a great weekend! Since July 2021, 4200 has been the bull/bear line in #ES_F:

Brokeout August 10. Now, bulls must hold to keep it going & stop deep sell

Next week: 4190-4200 likely tests. Another leg to 4330+ in play if it holds. 4190 fails, we sell to 4160, 4100.

https://twitter.com/...046797258203140

[dTraderB]

 

 

 

 

Tom McClellan

 

@McClellanOsc

·

Aug 19

 

I post an Excel file each day at https://mcoscillator.com/data/osc_data/OSC-DATA.xls… with the past few months' McClellan Oscillator and Summation Index data (classic versions). Intraday, you can type in pretend A-D numbers to see what the Oscillator value would be if market closed with those numbers.

https://twitter.com/...751855121993728

 

 

 

 

 

Tom McClellan

 

@McClellanOsc

·

Aug 19

 

I post an Excel file each day at https://mcoscillator.com/data/osc_data/OSC-DATA.xls… with the past few months' McClellan Oscillator and Summation Index data (classic versions). Intraday, you can type in pretend A-D numbers to see what the Oscillator value would be if market closed with those numbers.

[dTraderB]

WOW! Sliced thru the ZERO like....

 

Down 130 on Friday; not a surprise

 

 

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

 

 

 

Tom McClellan

 

@McClellanOsc

·

Aug 19

 

I post an Excel file each day at https://mcoscillator.com/data/osc_data/OSC-DATA.xls… with the past few months' McClellan Oscillator and Summation Index data (classic versions). Intraday, you can type in pretend A-D numbers to see what the Oscillator value would be if market closed with those numbers.

https://twitter.com/...751855121993728

 

 

 

 

 

Tom McClellan

 

@McClellanOsc

·

Aug 19

 

I post an Excel file each day at https://mcoscillator.com/data/osc_data/OSC-DATA.xls… with the past few months' McClellan Oscillator and Summation Index data (classic versions). Intraday, you can type in pretend A-D numbers to see what the Oscillator value would be if market closed with those numbers.

 

[dTraderB]

SPX also dipped below the zero line

 

https://www.marketin...llan-oscillator

[dTraderB]

Did I say MARKETS on the EDGE?  Here is a graphical representation of this:

 

https://www.marketin...-highs-new-lows

 

SPX also dipped below the zero line

 

https://www.marketin...llan-oscillator

[dTraderB]

...and here:
https://www.marketin...e-decline-ratio

 

Did I say MARKETS on the EDGE?  Here is a graphical representation of this:

 

https://www.marketin...-highs-new-lows

 

SPX also dipped below the zero line

 

https://www.marketin...llan-oscillator