Jump to content



Photo

NAAD Cum

Pushing toward new lows

  • Please log in to reply
3 replies to this topic

#1 MikeyG

MikeyG

    Member

  • Traders-Talk User
  • 2,850 posts

Posted 15 August 2023 - 09:25 AM

Retail looks fine this morning, but manufacturing fell off a cliff, housing data missed as well...

 

Internals, not so hot...

 

 


mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world." 


#2 MikeyG

MikeyG

    Member

  • Traders-Talk User
  • 2,850 posts

Posted 15 August 2023 - 09:35 AM

5.3 to 1 down ratio on NYSE, if we are 7 to 1 or greater after lunch EST we usually close near the low of the day...


mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world." 


#3 MikeyG

MikeyG

    Member

  • Traders-Talk User
  • 2,850 posts

Posted 15 August 2023 - 09:44 AM

Also, China seems to be in deflationary mode already...


mdgcapital@protonmail.com  

papilioinvest.com

@papilioinvest

 

"One soul is worth more than the whole world." 


#4 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,145 posts

Posted 15 August 2023 - 11:31 AM

Internals, not so hot...

 

https://tinyurl.com/259wencr

 

naad081523.png

 


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions