see what happens around 14300 on Trannies on this bounce....
"The only theme this week is the CPI and the FOMC" Leaning BULLISH
#91
Posted 14 December 2022 - 09:49 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#92
Posted 14 December 2022 - 09:50 AM
TSLA still not well....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#93
Posted 14 December 2022 - 09:52 AM
The overnight pivot just above 34K could be real big now...bulls still with ball as long as it holds...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#94
Posted 14 December 2022 - 09:53 AM
XRT still weak...but so far holding the very key 64
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#95
Posted 14 December 2022 - 09:55 AM
Looks like on Utes if the gap above 1K does not hold, then time to think about shorting now.
see how far this pop gets...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#97
Posted 14 December 2022 - 11:39 AM
Now it's all depends what the Fed chief will say during the conference in the afternoon, it's going to be volatile when he starts talking. I see he is likely to remain hawkish as the inflation is still way too high for the target set by the Fed ........................
Edited by redfoliage2, 14 December 2022 - 11:43 AM.
#98
Posted 14 December 2022 - 02:07 PM
and there ya go, Fediots have inverted the 2 year now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#99
Posted 14 December 2022 - 02:09 PM
It looks that the market is ready to go lower to break yesterday's low ................
Edited by redfoliage2, 14 December 2022 - 02:09 PM.
#100
Posted 14 December 2022 - 02:10 PM
Now it's all depends what the Fed chief will say during the conference in the afternoon, it's going to be volatile when he starts talking. I see he is likely to remain hawkish as the inflation is still way too high for the target set by the Fed ........................
Inflation ended last year....why does everyone insist on driving while looking in the rear view mirror.
Rent was one last few items remaining, and judging by the Austin RE market freeze up, they may coming down soon as well.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy