People seem puzzled...
Extremely VEARISH NFP REPORT
BUT I WANT THE MARKET TO RALLY... over ES 4300
Posted 02 June 2023 - 07:43 AM
Extremely VEARISH NFP REPORT
BUT I WANT THE MARKET TO RALLY... over ES 4300
Posted 02 June 2023 - 07:54 AM
I'm rooting for a 14 handle on the Vix because who cares about only a few stocks holding the market up, overvaluation and falling earnings lol!! Kinda hard to get out of the grind within a unhealthy market, not to speak about all of the air gaps below the market that still need to be filled!!
Posted 02 June 2023 - 07:58 AM
Apple has now essentially achieved the goal of the test of the ATH....could overshoot by a few points before done.
What happens next could be real important in MEGA land...
IF apple DOES NOT turn tail within days now, market may be sniffing out the "unlimited spending" aspect of the debt deal.
All the criminals in the Uni-party have to do now is engineer another "crisis" to turn the spigot wide open.
WW3 anyone?
In the meantime 14500 on Naz holding so far..so MEGA "may" stall here...
But if that level gets blown out after the open, no tellin' how high she blows...
See if bears can start a roll or not PDQ
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 02 June 2023 - 08:01 AM
"Usually" this kind of obscene vertical ramp like we see on META ends badly once the turn down actually comes....
See if this time is different or not....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 02 June 2023 - 08:02 AM
NFLX also near interesting spot....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 02 June 2023 - 08:04 AM
I'm rooting for a 14 handle on the Vix because who cares about only a few stocks holding the market up, overvaluation and falling earnings lol!! Kinda hard to get out of the grind within a unhealthy market, not to speak about all of the air gaps below the market that still need to be filled!!
UVXY at 2.70 starting to look interesting...need to see sign of turn first 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
Posted 02 June 2023 - 08:07 AM
Looking like all hours 3 min line may be the turn signal on META 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
Posted 02 June 2023 - 08:08 AM
and possibly same for Apple...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 02 June 2023 - 08:31 AM
"Usually" this kind of obscene vertical ramp like we see on META ends badly once the turn down actually comes....
See if this time is different or not....
Straight up rallies unless they are from lows are never healthy and gaps are always filled even if it takes years!!!
Posted 02 June 2023 - 08:48 AM
first sign of turn on NFLX???
see what happens around 396
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy