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Speaking of reversals, keep an eye on CVNA.
QQQ is +2% today in pre-market, the momentum continues. SPY only +1% and DIA is still only flat. Looking for a reversal intraday, with at least...
Oh yeah? We hit $408 this week. TARK nearly +60% this month.
So far, inflation peaked in June. Which is where small caps bottomed out. Other major indices have been basing since then as well. Definitely...
I say no recession yet. And if I'm right, then I think we still see SPX hit an all-time high. Funny thing is the yield curve un-inverts right...
All-time high. Soon to be joined by others before the recession finally comes.
Things might get bad for Google. [IMG] [IMG]
Yeah the rally continues. Watching DIA to target last week's high.
Watching ISRG's report this afternoon. Been flat for 2 months.
Touched 4050 /ES. Peeked above the downtrend lines in SPY and QQQ. See how the week goes from here.
I'm being cautious because it is at monthly R2 and RSI is 70. Will probably go up a bit early on Monday (carryover momentum from this week). [IMG]...
Should we buy TARK? +30% so far this year.
NFLX yesterday after hours traded 313 to 345.64 in just 5 minutes. It is still in that range today.
I don't trust the rally to go for 2 days right now. Oscillators were very overbought coming into this week. SPY and QQQ still need to overcome...
There's a nice inverse head-and-shoulders pattern here, as well as a golden cross pending. [IMG]
Yeah there's a cup in December's pattern. Even June-November traces out a cup.
This line works even better in logarithmic scale [IMG] That could go as high as $405 in SPY. See you all on Tuesday.
I think the December low is very important. So since we started 2023 right at the low, I figured I would wait as long as I could to vote in this...
SPY at the well-known resistance line. [IMG]
It's funny because all the news has been bad for them lately. Banks looking weak, relative to the general market. ERs tomorrow morning. That...