Yep, looks good on the Bull but we`ll see soon enough. Intraday we formed a Bearish H&S and that played out, then we formed a Bullish H&S and that played out at EOD.
@T-Coonazz - just curious here, were you a member on the old HSM board? your pfp is very familiar to me. if not, then i apologize. either way it's great to have you here.
Good Wednesday morning traders and welcome to a new day, fresh start! Here is this morning's pre-market news thread for those of you wanting to get a quick read before today's open- <-- click there to read! Hope everyone in here has a great trading day ahead today!
buy the rumor sell the news? Futures down after the big stimulus bill. Hopefully people see that you can't throw money at virus to fix it. We're still about 1-2 weeks away from a lockdown to stop the spread and it'll be too late - just saying.
Right ?! Big question, I made some good money since Tuesday. My fear is things get better than sooner. Then what we missed the low
ah, yes, that was it! lil-coonazz. and, oldie, i'm really impressed at your memory! you never miss a beat man.
don't wanna jinx this, but could this be our first back-to-back green days for the SPX for a long time? i just checked, and it looks like we haven't had back-to-back up days in the SPX for the past 28 trading days. wow. that happens to tie the longest streak going back to WWII. in fact, for the DJ30, it hasn't had back-to-back green days in the past 32 trading days, which ties the 4th longest in history. looks like that streak finally ends today absent some big reversal that has us closing red for the day.
https://finance.yahoo.com/news/coro...l-unemployment-claims-march-21-153036254.html Can't wait to see how market react tomorrow
after, and I repeat AFTER, it is easy to see that 350 level could have some foundation; further to MA200 worked as sup/level before
INO : Inovio Pharmaceuticals has potential for huge growth! Covid-19 vaccine trials start in April! Nows the time
Heh TDOC down -15% intraday, and one of the few stocks that was down yesterday. Got to be careful when the RSI hits 80. Growth stocks outperformance looks to me like it has hit an extreme. MSFT is the largest weighting in that index. Again, careful of chasing stocks with RSI over 80. Feeling like it will get choppy.
DJ30 is now up +20% off of monday's low i was wondering if that technically meant we entered a new bull ... but i think not since that is going off of intraday extremes. still impressive move this week thus far
