The news says correction, bears get all excited about how much sense it makes, then instead everyone buys the dip .... again
So to end the summer of 2017 on the Friday before Labor Day, the S&P futures got over the selling day of August 17th and then stalled, closing right at the top of the selling day of August 10th.
So it looks like China is letting the US know they aren't going to play the fear game this week. There's def a game being played w/ the Futures. HF want a dip & are trying w/ News & pushing on the Futures. Looks like they're losing.
It's all over. Going to be the gap over resistance for the 250 push. Put on your space suits and strap in. Time to mine for Space Cash!
ES down this morning. Somewhat expected, as there was shortening of thrust yesterday and quite a lot of trading volume for less price progress---selling pressure.
You know what’s sadder then NK w/ Nukes? The pathetic Shorts here who have no dignity left that they have to resort to using Un for help
Looks great but with this turns around don’t fight the trend.. sideways for a few days it had a great run up Friday.. let’s go bulls
The place to park your money is banks. Too many reasons for higher. The only area of the market that is still undervalued
All the "bear" rhetoric has degraded discussion to 4th grade level. That's what this bull market has reduced its advocates to.
Bears the market is moving up despite a wall of worry. You're thinking this is all Bulls when mostly it’s your shorting that’s helping most.
Regardless if you’re long or short Embrace the volatility. It gives us something to trade. I couldn't care less about direction.
Best of luck today traders! Remember that famous Mark Douglas quote, 'Anything Can Happen' and trade accordingly.
I expect the market to drop on Thursday when the Republicans release their tax plan and Wall Street realizes it will never pass.
They kind of let vix get out of control 11.3, feels like another sell vix to 9 while taking spy to 260+ kind of week
Today, Tuesday, looks like a re-test of last Thursday's bar. Today's intraday recovery and Thursday's strong close are pictures of demand but the bulls need to see some follow-thru tomorrow.
It's assumed if the market is going down then stocks are going down but truth is you can profit focusing on select, bullish stocks.
It appears the market has been undergoing absorption and is now in a position to make new highs. S&P Futures Daily:
The more i read about all the debt the more i realize that the stock market is never going down , it simply cannot. Buy it all
