426 replies to this topic

[K Wave]

WMT close under 132 today would get it real close to the edge.

 

Under 130...sayonara...

[redfoliage2]

This looks just a consolidation.  I see bulls still want more upside before the Fed meeting in early Nov. ...........

Edited by redfoliage2, 06 October 2022 - 02:06 PM.

[beta]

Sold all long hedges, and back to 100% short.

[12SPX]

Putting on 3760 profit stop and was hit for a 5 point profit, try to get back in lower...

[dTraderB]

Starting to buy, gradually, stocks & ETFs  - ST & IT trades

[K Wave]

Looks like the big pivot is on UNH at 517....

 

Bears pretty much need to break it by tomorrow to stay in the game...

[redfoliage2]

Index futures likely to get a test overnight, but I expect ES 3700 will hold for this consolidation ...............

Edited by redfoliage2, 06 October 2022 - 02:43 PM.

[beta]

FYI in case it's of interest to anyone, Stockcharts is hosting CHARTCON tomorrow Fri-Sat.  Your chance to learn TA from some of the best traders in the industry.  

 

Registration link here: https://stockcharts....s/chartcon2022/

 

I was recently in Seattle, WA and drove up to Redmont to visit Stockcharts' HQ.  (They are pretty much the main event in downtown Redmond, an otherwise sleepy town).  What an amazing example of scaling a homegrown startup.   And glad to see they remain privately owned.

Edited by beta, 06 October 2022 - 04:23 PM.

[K Wave]

AMD starts off the meat of Q3 earnings season off with this early report.

 

https://www.anandtec...revenue-craters

 

Driving this unexpected drop in revenues is an exceptionally weak client market, with revenues down 40% versus Q3’21 and resulting in what’s traditionally AMD’s largest market segment by revenue becoming their smallest in a single quarter.

Edited by K Wave, 07 October 2022 - 05:39 AM.

[K Wave]

LEVI missed revenue by 5% and cut future guidance.

 

Now we see how these stocks ACT after not so great news