60 replies to this topic

[blustar]

UVIX + 11% now since yesterday. Hey I'm a good sport. When you guys are wrong, let's laugh together.

[blustar]

BTW, I hope y'all bought some protection on your long positions...LOL

[skott]

One thing you could do Brad is keep your statements/analysis simpler. Avoid the extremes in predictions. Avoid trying to predict every blip of the day, it can't be done. If it could, you'd be a trillionaire and so would others. Good luck, keep it real.

[Rogerdodger]

Yesterday the Inverted vix was dropping thus indicating issues.

However, horizontal and trend-line support should not be ignored

So SPX 4100ish could be the down-side limit.

[steadyquest]

financial crisis investiing 101

 

[skott]

Steadyquest, what does it look like now?

[OEXCHAOS]

Boy that's not consistent with AAII, but it's certainly interesting.

 

That said, TSP is Bulled up, which is Bearish for next week.

 

I think the tell will be this weekend's sentiment. Assuming we're down today. I've observed that the Amateurs have been very quick to jump right back Bearish on the slightest weakness. When that stops happening, we may be in trouble.

 

M

[da_cheif]

Boy that's not consistent with AAII, but it's certainly interesting.

 

That said, TSP is Bulled up, which is Bearish for next week.

 

I think the tell will be this weekend's sentiment. Assuming we're down today. I've observed that the Amateurs have been very quick to jump right back Bearish on the slightest weakness. When that stops happening, we may be in trouble.

 

M

todays and possibly mondays hiccup marks sundays full moon...watch the sky ....and btw the mcllellan  oscilator in a rare event crossed the 1000 barrier promising a bull marker for 2023

Edited by da_cheif, 03 February 2023 - 02:37 PM.

[skott]

Animal spirits are raging again among retail investors and topping the meme frenzy seen exactly two years ago — at least by one measure.

Unbowed by losses of more than 50% in their favorite stocks last year, individual traders are storming back to stocks like Carvana Co. and crypto-related products as the market staged a rebound that added almost $2 trillion to equity values in January alone. 

The 2021 meme-stock frenzy — where the day-trader crowd upended the stock market and schooled some of the seasoned pros — didn’t end well after last year’s bear market, with retail traders losing all of the money made in the meme-stock rush. 

Those losses are no hindrance to a resurgence in gambling spirits, as long as the trend is back in favor. The Roundhill MEME ETF (ticker MEME), debuted in 2021, has advanced roughly 40% this year, compared with a nearly 9% gain in the S&P 500.

Edited by skott, 03 February 2023 - 03:12 PM.

[skott]

Here is the whole article 

 

Retail Army’s Grip on Stock Market Is Tighter Than in Meme Era - Bloomberg