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Posted 13 October 2022 - 01:33 PM
Posted 11 October 2022 - 10:13 AM
Going to hold those stocks for now. My reasoning for a ST trade there was, my Fearless Forecast on the 10 year. I was expecting the previous high to hold and act as a celing until the end of the year. That still could happen. Wasn't expecting this today though. The CPI of course is the big day of this week nd could be pretty warm I was still expecting the previous top in rates to hold. (JMHO)
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Posted 13 October 2022 - 02:58 PM
All indices have their biggest candlestick of the year on the daily charts... Let's see what happens now... I'm still thinking we are due for a two week rally that we need to watch to see if it will fizzle or shoot higher...
Member
Posted 13 October 2022 - 03:05 PM
All indices have their biggest candlestick of the year on the daily charts...
One of the biggest bullish engulfing candles that I can remember...
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
I want return OF my money more than return ON my money
Posted 13 October 2022 - 04:38 PM
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Posted 13 October 2022 - 09:02 PM
Finally seeing something that looks remotely like a possible top on 20 yr...
have to get it under 4.15 on this swing though...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 13 October 2022 - 09:09 PM
2 year on the other hand, still livin' in its own world....
I can still see this possibly going even higher unless hard down real soon
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
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Posted 13 October 2022 - 09:53 PM
Today was typical face ripping bear market rally.
Such rallies are rare in bull markets. Combination of bargain hunters + short covering causes such rallies.
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Posted 14 October 2022 - 07:58 AM
Today was typical face ripping bear market rally.
Such rallies are rare in bull markets. Combination of bargain hunters + short covering causes such rallies.
The broad market outperformed the Goldman Sachs, heavily shorted stock index This tells us it was a little more than short covering. We still should see some kind of back testing ST and TECH still needs to go lower?
WHY DID MY FEARLESS FORECAST WORK YESTERDAY? They bought bonds because they are afraid of a recession. Bulls should hope that earnings captivate the market ST during earnings season. If recession fears worsen you are going to be one hell of a rocky road. (JMHO)
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Posted 14 October 2022 - 08:16 AM
Today was typical face ripping bear market rally.
Such rallies are rare in bull markets. Combination of bargain hunters + short covering causes such rallies.The broad market outperformed the Goldman Sachs, heavily shorted stock index This tells us it was a little more than short covering. We still should see some kind of back testing ST and TECH still needs to go lower?
WHY DID MY FEARLESS FORECAST WORK YESTERDAY? They bought bonds because they are afraid of a recession. Bulls should hope that earnings captivate the market ST during earnings season. If recession fears worsen you are going to be one hell of a rocky road. (JMHO)
FED didn't blink, the bonds market blinked. Lets see how long that lasts.
Member
Posted 14 October 2022 - 10:46 AM
1 year inflation expectations rise, first time since March. Bye Bye Fearless Forecast was nice knowing ya.
