TVIX has gone to the PINK sheets during liquidation under the symbol TVIXF.
TVIX being liquidated
#1
Posted 06 July 2020 - 09:24 AM
#2
Posted 06 July 2020 - 09:38 AM
New ATH for FNGU, but TQQQ still lagging.
#3
Posted 06 July 2020 - 09:50 AM
Every stock on the NDX index is above the 5 day moving average today. Last time that happened was March 26th 2020, but this is a limited data base from barcharts beginning in Jan 2017. There is high probability a few NDX issues will drop below the 5 day tomorrow for a brief reset.
#4
Posted 06 July 2020 - 09:55 AM
FXI China large cap ETF up 8.5% today.
YINN China 3x long fund from Direxion up 25% today.
Edited by Darris, 06 July 2020 - 09:56 AM.
#5
Posted 06 July 2020 - 10:18 AM
Breakwave Dry Bulk Shipping ETF (BDRY) up 15% today and back to February prices, but still well below 2020 highs.
#6
Posted 06 July 2020 - 10:21 AM
SPX and NYA Bullish percents lagging on this 5 day run up.
#7
Posted 06 July 2020 - 10:26 AM
NQ to ES ratio 6:1 today. Insane. ($120 NQ for every $50 ES)
#8
Posted 06 July 2020 - 10:59 AM
RUT and VX futures are not giving good vibes for afternoon continuation to the upside. On the sidelines.
#9
Posted 06 July 2020 - 11:39 AM
FXI China large cap ETF up 8.5% today.
YINN China 3x long fund from Direxion up 25% today.
China gov't is encouraging the people to buy Chinese stocks to counter effects of corona-virus.
The gov't of China claims it is the best method to stimulate Chinese economy.
#10
Posted 06 July 2020 - 12:06 PM
Jason Goephert at sentimentrader web site has shown a chart in the past of when a US president recommends buying stocks. I think it was 100% up except for one time recently when we had a dip after Trump said buy. If Xi is saying buy, then that is probably a good thing. I posted a daily $SSEC chart yesterday with a trend following CCI 144 period. China stocks will be in an uptrend until that indicator starts to drop back below 150 now. +100 is the safe zone.