should know within minutes if this is final shakeout, or perhaps the start of something downside
Edited by K Wave, 08 May 2023 - 01:16 PM.
MARKETS BULLISH, but I am " SELL IN MAY" MODE...BUFFET BEARISH?
Started by
dTraderB
, May 07 2023 04:32 PM
250 replies to this topic
#41
K Wave
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Posted 08 May 2023 - 01:15 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
#42
K Wave
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Posted 08 May 2023 - 01:23 PM
Shake N Bake???
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#43
K Wave
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Posted 08 May 2023 - 01:24 PM
Dow same....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#44
K Wave
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Posted 08 May 2023 - 01:25 PM
Anyway likely HUGE pivot on Trannies at 14K now
If bulls get get it over 14200 now, before bears finally take 14K, bears could have some real problems....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#45
K Wave
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Posted 08 May 2023 - 02:18 PM
this is getting comical at this point......
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#46
redfoliage2
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Posted 08 May 2023 - 02:48 PM
Maybe a gap down for tomorrow as the market breadth collapsed today .........................
Edited by redfoliage2, 08 May 2023 - 02:57 PM.
#47
redfoliage2
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Posted 08 May 2023 - 03:03 PM
Money flow turned negative as well ..................
#48
dTraderB
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Posted 08 May 2023 - 06:34 PM
"US 1mth yield has jumped to 5.36%, highest level since 2001"
Will buy some tomorrow, this is a great return. Markets chopping & consolidating before next breakout - up or down. I think DOWN. Very low volume & tight range today, with lowest amount of trades since... maybe December 2022. But do not be fooled by this market behavior because it can & will move rapidly when it breaks out.
Holger Zschaepitz (@Schuldensuehner) tweeted at 6:18 PM on Mon, May 08, 2023:
Bill Gross says buy T-Bills amid ridiculous debt ceiling issue. Says debt ceiling standoffs like this are always resolved. US 1mth yield has jumped to 5.36%, highest level since 2001. https://t.co/yWkZ9VD8uYhttps://t.co/HsONjya0PK
Will buy some tomorrow, this is a great return. Markets chopping & consolidating before next breakout - up or down. I think DOWN. Very low volume & tight range today, with lowest amount of trades since... maybe December 2022. But do not be fooled by this market behavior because it can & will move rapidly when it breaks out.
Holger Zschaepitz (@Schuldensuehner) tweeted at 6:18 PM on Mon, May 08, 2023:
Bill Gross says buy T-Bills amid ridiculous debt ceiling issue. Says debt ceiling standoffs like this are always resolved. US 1mth yield has jumped to 5.36%, highest level since 2001. https://t.co/yWkZ9VD8uYhttps://t.co/HsONjya0PK
#49
dTraderB
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Posted 08 May 2023 - 06:41 PM
Judy Shelton (@judyshel) tweeted at 6:57 PM on Mon, May 08, 2023:
@elonmusk The Fed is paying 5.15% on commercial bank deposits (reserve balances) and 5.05% on reverse repos to money market mutual funds who park cash overnight at the Fed. How can commercial banks compete against that? A federal government agency (the Fed) is squeezing out
(https://twitter.com/...5249377280?s=03)
@elonmusk The Fed is paying 5.15% on commercial bank deposits (reserve balances) and 5.05% on reverse repos to money market mutual funds who park cash overnight at the Fed. How can commercial banks compete against that? A federal government agency (the Fed) is squeezing out
(https://twitter.com/...5249377280?s=03)
"US 1mth yield has jumped to 5.36%, highest level since 2001"
Will buy some tomorrow, this is a great return. Markets chopping & consolidating before next breakout - up or down. I think DOWN. Very low volume & tight range today, with lowest amount of trades since... maybe December 2022. But do not be fooled by this market behavior because it can & will move rapidly when it breaks out.
Holger Zschaepitz (@Schuldensuehner) tweeted at 6:18 PM on Mon, May 08, 2023:
Bill Gross says buy T-Bills amid ridiculous debt ceiling issue. Says debt ceiling standoffs like this are always resolved. US 1mth yield has jumped to 5.36%, highest level since 2001. https://t.co/yWkZ9VD8uYhttps://t.co/HsONjya0PK
#50
dTraderB
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Posted 08 May 2023 - 06:44 PM
McOsc hardly moved, bear the -40 level. It has to move above zero or else baxk down again.
https://www.mcoscill...t_breadth_data/
https://www.mcoscill...t_breadth_data/
