The volatility isn’t done yet it seems like More volatility could be here to stay due to interest rates starting to go higher now. Global markets kept going down while we hit the new ATH, I guess the divergence can’t go on forever XHB hit another 52 lows Actually I don’t mind a little bit of slowdown in the housing market, prices have gotten so high that a lot of people can’t afford buying houses here. I am in Hawaii though, affordability could be better in the mainland
I haven't entered again. I want something closer to 2750. It only hit 2755. After that, a nice pop up would be nice. We'll see. POST COMMENT #1 = I want one more push to the 2750 level and then I can enter. I don't want to "chase"
Ok. So, based on the close today, we might have a chance to enter around or non-above 2750 tomorrow. It may gap up as well. It's hard to say in this "mid-level" of a very broad range. But, if it does collapse to that 2750 or non-above level, I am buying more [long].
VIX still below 20s I feel like the VIX will need to spike higher than that before we bottom out Not enough fear yet
Tech shares getting hit and the SPX is in danger of losing its gains for the day NFLX seems to lose most if not all of its gains from its earnings
Transports and small caps in correction territory and the homebuilders have been in bear market territory for awhile
whoops sorry about the outage! i forgot to setup the spreadsheet this morning lol everything should be back now. if i am missing anything please let me know. thx!
whelp, ready or not earning season about to ramp up in a big way here here is a look at next week's notable earnings calendar-
I have been holding myself from adding to my position in Ford - waiting for the ER on 10/24 to see if there is a possibility of a turnaround in near future.
A lot of big tech earnings next week, and maybe they can lift the NASDAQ a little bit if the earnings are good. Tech is looking a little vulnerable now especially if interest rates continue to move higher.
