Global Growth and some SPX levels to watch....
https://www.cnbc.com...your-money.html
Edited by robo, 07 February 2019 - 09:34 AM.
Posted 07 February 2019 - 09:32 AM
Global Growth and some SPX levels to watch....
https://www.cnbc.com...your-money.html
Edited by robo, 07 February 2019 - 09:34 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 07 February 2019 - 09:44 AM
AAII bulls jump 8 points to 40%. Bears fall to 22.8% Bulls highest since 11/7 Bulls lowest since 6/13. Please SMPT* *See My Pinned Tweet.
Spread between the two highest since the day after Powell said "long way" from neutral
Posted 07 February 2019 - 09:47 AM
Sven Henrich Retweeted Mohamed A. El-Erian
No new highs without dovish capitulating central banks. No new highs without artificial liquidity and/or intervention. 10 years after the financial crisis this remains the primary price discovery dynamic. Does not speak well for either economies or markets.
Sven Henrich added,
Posted 07 February 2019 - 09:48 AM
Am hesitant to take long NQ trades this morning.. ...maybe will do so above NQ 6935 (now at 6921)
Posted 07 February 2019 - 09:49 AM
My TVIX Beer Money trade is performing well after getting the buy signal yesterday...
https://stockcharts....33c&a=644813041
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 07 February 2019 - 09:50 AM
Slight dip
Minor divergence
https://www.mcoscill...t_breadth_data/
Edited by dTraderB, 07 February 2019 - 09:51 AM.
Posted 07 February 2019 - 09:54 AM
I want to see how this daily cycle plays out before going long again.... Watching and VST trading TVIX. I also have some HDGE while I wait for the next cycle low.
Stop around $38.00ish for TVIX.... I don't want to give back my gains....
Yes Sir....
Getting close to my stop.... I will try again later if it's hit...looks that way for now.....
LOL..... It looks that way for sure!
Edited by robo, 07 February 2019 - 10:01 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 07 February 2019 - 09:55 AM
EU Commission has slashed its economic forecasts to reflect this. Eurozone growth is seen at 1.3% in 2019. 2 countries of concern: #Italy’s 2019 growth forecast cut to just 0.2% vs 1.2% previous est while Germany’s growth forecast is at 1.1% vs 1.8% prior. http://europa.eu/rapid/press-release_IP-19-850_en.htm …
Posted 07 February 2019 - 10:13 AM
Well that didn't take long.... Flat TVIX and waiting on the next setup...... Holding HDGE until I think we are close to the next cycle low when I will flip back long.
Good Trading!
Edited by robo, 07 February 2019 - 10:15 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 07 February 2019 - 10:16 AM
Well that didn't take long.... Flat TVIX and waiting on the next setup...... Holding HDGE until I think we are close to the next cycle low when I will flip back long.
Good Trading!
Beautiful day for trading!!!