UNH takin' aim on low after another failed attempt at 540...
"The only theme this week is the CPI and the FOMC" Leaning BULLISH
Started by
dTraderB
, Dec 11 2022 05:42 PM
125 replies to this topic
#81
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Posted 13 December 2022 - 03:06 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#82
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Posted 13 December 2022 - 03:32 PM
bulls still holding right where they need to....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#83
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Posted 13 December 2022 - 03:52 PM
XRT and Rusty...hard to get much more wound up at the 200/900 conjunction than those.
perhaps TOMORROW we get a decision after the teasing today....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#84
dTraderB
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Posted 14 December 2022 - 09:00 AM
That was a VERY BEARISH CLOSE yesterday.
A few hours of consolidation with a gradual grind UP will set the stage for A HUGE RALLY after FED announcement & press conference.
My FF is a MASSIVE SANTA RALLY but still cannot pinpoint when it will begin.
EDIT: BELOW quote similar to my opinion.
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If we get a decent amount of growth a solid amount of retail sales, and if we dont get too much hawkish rhetoric from (Fed Chair Jerome) Powell, I really do believe you have a coiled spring ready for that Santa Claus rally, The Streets Martin Baccardax said.
One big lump of coal? It's pretty rare to see stocks fall dramatically in December, so some experts arent hedging their bets. I think Santa Claus Rally holds as much predictive power as Sell in May and Walk Away, which is minimal and coincidental at best, SoFi's Liz Young
A few hours of consolidation with a gradual grind UP will set the stage for A HUGE RALLY after FED announcement & press conference.
My FF is a MASSIVE SANTA RALLY but still cannot pinpoint when it will begin.
EDIT: BELOW quote similar to my opinion.
---
If we get a decent amount of growth a solid amount of retail sales, and if we dont get too much hawkish rhetoric from (Fed Chair Jerome) Powell, I really do believe you have a coiled spring ready for that Santa Claus rally, The Streets Martin Baccardax said.
One big lump of coal? It's pretty rare to see stocks fall dramatically in December, so some experts arent hedging their bets. I think Santa Claus Rally holds as much predictive power as Sell in May and Walk Away, which is minimal and coincidental at best, SoFi's Liz Young
Edited by dTraderB, 14 December 2022 - 09:02 AM.
#85
dTraderB
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Posted 14 December 2022 - 09:03 AM
Unless a major political event, global issue, causes a drop, I will buy DIPS.
#86
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Posted 14 December 2022 - 09:39 AM
Unless a major political event, global issue, causes a drop, I will buy DIPS.
So far it is working, but if Apple breaks 145 one more time, be careful.
That big upthrust yesterday could have been giant last gasp...IF...145 does not hold.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#87
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Posted 14 December 2022 - 09:42 AM
Apple hourly...gettin' wedged, and still in downtrend at this juncture
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#88
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Posted 14 December 2022 - 09:44 AM
A breach of 5 min pivot on Apple could still lead to trouble....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#89
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Posted 14 December 2022 - 09:46 AM
UNH still battling around 540...could be big decision after Fedspeak perhaps
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#90
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Posted 14 December 2022 - 09:48 AM
Watching Utes here to see if this pop makes a lower high or not...
If so, then yesterday would start to look like final blowoff move for this big leg up.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
