good morning @StockJock-e! you back from fla yet? edit: shit i just realized that tomorrow is your bday! glad i just remembered ... got something special planned for ya
good eye on that greenback @Marcy i agree this looks like a turning point for the dxy after repeated failed attempts to convincingly break below 89. on the flip side this won't bode well for the yellow looks like another trip down to 1300 may be in order.
meanwhile an interesting reversal on the crude today ... made a 100% retrace of the earlier morning dip and then some ... even closed the RTH session green. seems like this has its eyes set on that round # $70 handle ... nowwhat from old HSM would have been perfect in this situation i can't do the round #'s quite like him.
waiting on a pullback for /CL, since I missed the bullish action this morning looks like it's getting overbought here...
well.....we're at $69 on /CL....volume is drying up some, so I imagine the big boys might be done driving it up for now. might be time for them to hit some stops on the way back down
Let’s see if the market can avoid the 3 day losing streak here, the SPX and the DOW are both just barely down for the day
happy birthday to @StockJock-e today! here is sj-e's bday thread if you guys would like to post a quick bday wishes for him- https://www.stockaholics.net/threads/happy-birthday-to-stockjock-e-today.4502/
Good Tuesday morning to all. Here is the pre-market thread for those wanting to get a quick read in before today's open- <-- click there to read! Hope everyone has a great trading day ahead today!
10yrs briefly over 3% after smashing #'s on new homes & cons. conf. new home sales at highest since 2006 and CC up near 18yr highs
