120 replies to this topic

[redfoliage2]

 

BTW, SPX 5000 still on the bulls schedule for the week ...............................

With the market breadth now improving I see it's more likely to see new highs coming ...........................

 

The bull will keep running till the data indicating a economic recession on the way or the Fed goes back raising ..........................

Edited by redfoliage2, 06 February 2024 - 02:09 PM.

[redfoliage2]

 

 

BTW, SPX 5000 still on the bulls schedule for the week ...............................

With the market breadth now improving I see it's more likely to see new highs coming ...........................

 

The bull will keep running till the data indicating a economic recession on the way or the Fed goes back raising ..........................

 

What we are seeing today just a ST consolidation  ....................................

Edited by redfoliage2, 06 February 2024 - 02:19 PM.

[redfoliage2]

Just bought some NVDA calls on the dip.  I see NVDA price likely to be above 800 upon reporting on Feb 21 .....................

Okay, by now NVDA has recovered 50% of its loss from earlier dips today. Buying dips working well in this market..........................

Edited by redfoliage2, 06 February 2024 - 02:57 PM.

[redfoliage2]

 

Just bought some NVDA calls on the dip.  I see NVDA price likely to be above 800 upon reporting on Feb 21 .....................

Okay, by now NVDA has recovered 50% of its loss from earlier dips today. Buying dips working well in this market..........................

 

Msg Deleted

Edited by redfoliage2, 06 February 2024 - 03:00 PM.

[redfoliage2]

 

 

 

BTW, SPX 5000 still on the bulls schedule for the week ...............................

With the market breadth now improving I see it's more likely to see new highs coming ...........................

 

The bull will keep running till the data indicating a economic recession on the way or the Fed goes back raising ..........................

 

What we are seeing today just a ST consolidation  ....................................

 

Now let's see if there will be more selling in the last hour.................................

Edited by redfoliage2, 06 February 2024 - 03:05 PM.

[redfoliage2]

 

 

 

 

BTW, SPX 5000 still on the bulls schedule for the week ...............................

With the market breadth now improving I see it's more likely to see new highs coming ...........................

 

The bull will keep running till the data indicating a economic recession on the way or the Fed goes back raising ..........................

 

What we are seeing today just a ST consolidation  ....................................

 

Now let's see if there will be more selling in the last hour.................................

 

The intra-day bull/bear dynamics indicating bulls are still in control and we are likely to see a bounce up soon.  Maybe overnight in the index futures market..............................................

Edited by redfoliage2, 06 February 2024 - 03:48 PM.

[redfoliage2]

 

 

Just bought some NVDA calls on the dip.  I see NVDA price likely to be above 800 upon reporting on Feb 21 .....................

Okay, by now NVDA has recovered 50% of its loss from earlier dips today. Buying dips working well in this market..........................

 

Well, NVDA now recovered 2/3 from the earlier intra-day dips ...........................................

 

Edited by redfoliage2, 06 February 2024 - 03:55 PM.

[dTraderB]

None filled

AVGO 1220 or 1215 CALL FEB 16

[dTraderB]

Consolidation, basing day in US markets but breakout day for CHINA & HONG KONG markets.

[dTraderB]

"All eyes - not least those of policymakers in Beijing - will laser in on Chinese stocks on Wednesday to see if they can continue their surge higher on the latest wave of expectations that authorities will take further steps to support markets.



China's big two indexes jumped more than 3% on Tuesday for their biggest gains in almost two years, although it should be remembered that only last week had sunk to five-year lows.



Still, the bounce suggests that the overwhelming gloomy sentiment towards China, even if you think it is justified on a longer term fundamental basis, is probably over-cooked in the short term."