Yeah, I dunno as much about the company as you do but a casino company that is largely tied to a region that grew in the last 10 years seems like ground zero for a bubble stock if the market were to go down.
Down 7.5% today and 50 to 33 in a matter of weeks.
GL tho, was a great call from the jump.
``look how far the price is from its 20 SMA; acts like a rubber band. In addition as you noted its stupid oversold, below 20. Thursday`s candle was a bullish hurami. Friday a doji, . Doji`s at a bottom or top can often act as pivot points. A GENERAL rule for a doji in such a spot is ; the price will move in the direction it opens``
........
pretty cool, she followed probability
the market rallied again, strong breadth as internationals, emerging markets, and US markets all a Sea of Green
BIG day tomorrow......aapl after the close
aapl
3 month daily
still comfortably in front of its 200 MA (unlike the qqq). We saw a violent near 10% drops in goog and amzn a week ago after earnings, sent the qqq into free fall. If the market doesnt like what appl has to say the gap at 192 may act like a magnet, and the 200 SMA will be a support test. If appl comes through, the qqq`s should reclaim its 200 sma
will be interesting to see aapl`s candlestick tomorrow, they report after the close
fun fact;
since 1945 in the mid-election years: AFTER the elections (Nov 7th, i believe) the spy over the next 12 months has always been positive. 18 for 18 , perfecto . With AN AVERAGE return of 16.6% (worst yr +3 %)
........
pretty cool, she followed probability
the market rallied again, strong breadth as internationals, emerging markets, and US markets all a Sea of Green
BIG day tomorrow......aapl after the close
aapl
3 month daily
still comfortably in front of its 200 MA (unlike the qqq). We saw a violent near 10% drops in goog and amzn a week ago after earnings, sent the qqq into free fall. If the market doesnt like what appl has to say the gap at 192 may act like a magnet, and the 200 SMA will be a support test. If appl comes through, the qqq`s should reclaim its 200 sma
will be interesting to see aapl`s candlestick tomorrow, they report after the close
fun fact;
since 1945 in the mid-election years: AFTER the elections (Nov 7th, i believe) the spy over the next 12 months has always been positive. 18 for 18 , perfecto . With AN AVERAGE return of 16.6% (worst yr +3 %)
going to be fun, Recon
with the US running an absurd deficit given its `booming economic times`, this is called throwing in the towel;
[FONT="]Donald J. TrumpVerified account @realDonaldTrump<small class="time" style="font-size: 14px; color: rgb(101, 119, 134); margin-right: 5px; white-space: nowrap;"> Oct 30</small><button class="ProfileTweet-actionButton u-textUserColorHover dropdown-toggle js-dropdown-toggle" type="button" aria-haspopup="true" style="color: rgb(101, 119, 134); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 16px; line-height: 1; font-family: inherit; margin: 0px; overflow: visible; cursor: pointer; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border-width: 0px; border-style: initial; border-color: initial; padding: 2px 9px; transition: box-shadow 0.15s ease-in-out 0s; position: relative;">More
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[/FONT]
[FONT="]“If the Fed backs off and starts talking a little more Dovish, I think we’re going to be right back to our 2,800 to 2,900 target range that we’ve had for the S&P 500.” Scott Wren, Wells Fargo.
Gotta give him credit, knows his limitations..lol..........Scott Wren must be super happy-`look, the president used my name in a tweet!``
[/FONT]
`.....we will see......``
with the US running an absurd deficit given its `booming economic times`, this is called throwing in the towel;
[FONT="]Donald J. TrumpVerified account @realDonaldTrump<small class="time" style="font-size: 14px; color: rgb(101, 119, 134); margin-right: 5px; white-space: nowrap;"> Oct 30</small><button class="ProfileTweet-actionButton u-textUserColorHover dropdown-toggle js-dropdown-toggle" type="button" aria-haspopup="true" style="color: rgb(101, 119, 134); font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 16px; line-height: 1; font-family: inherit; margin: 0px; overflow: visible; cursor: pointer; background-image: initial; background-position: initial; background-size: initial; background-repeat: initial; background-attachment: initial; background-origin: initial; background-clip: initial; border-width: 0px; border-style: initial; border-color: initial; padding: 2px 9px; transition: box-shadow 0.15s ease-in-out 0s; position: relative;">More
</button>
[/FONT]
[FONT="]“If the Fed backs off and starts talking a little more Dovish, I think we’re going to be right back to our 2,800 to 2,900 target range that we’ve had for the S&P 500.” Scott Wren, Wells Fargo.
Gotta give him credit, knows his limitations..lol..........Scott Wren must be super happy-`look, the president used my name in a tweet!``
[/FONT]
`.....we will see......``
Boom
26,180.30 +545.29 (2.13%)<svg version="1.1" viewBox="0 0 12 12" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"></svg>
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[COLOR=rgba(0, 0, 0, 0.619608)]Nov 7, 5:28 PM EST · <g-link class="CVIh4c" style="color: rgba(0, 0, 0, 0.619608);">[COLOR=rgba(0, 0, 0, 0.619608)]Disclaimer[/COLOR]</g-link>[/COLOR]
26,180.30 +545.29 (2.13%)<svg version="1.1" viewBox="0 0 12 12" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"></svg>
[/COLOR]
[COLOR=rgba(0, 0, 0, 0.619608)]Nov 7, 5:28 PM EST · <g-link class="CVIh4c" style="color: rgba(0, 0, 0, 0.619608);">[COLOR=rgba(0, 0, 0, 0.619608)]Disclaimer[/COLOR]</g-link>[/COLOR]
another reminder of the dangers in buying individual stocks as a long term investment, rather than say ALL the top 500 US companies; the SPY . Instant diversification. ( Or if one is more apt, the whole wolrd ,ACWI...or a sector etf, etc etc)
ICONIC General Electric
GE
1 decade monthly
:monsters-
Booted from the DOW
ICONIC General Electric
GE
1 decade monthly
:monsters-
Booted from the DOW
OIL is in FREE FALL....amazing
3 month daily
wow, SEVEN straight red candles, finally it appears a green candle will form, the trading day is not over tho, lol. Very stretched from its 20 ma, stupid oversold (has been for awhile)....
1 decade monthly
obviously $12 ish is a BIG BIG level, she's at $12.77.........
3 month daily
wow, SEVEN straight red candles, finally it appears a green candle will form, the trading day is not over tho, lol. Very stretched from its 20 ma, stupid oversold (has been for awhile)....
1 decade monthly
obviously $12 ish is a BIG BIG level, she's at $12.77.........
'obviously $12 ish is a BIG BIG level, she's at $12.77.........'
a HUGE HUGE level was breached today on USO,.......triggering stops from Provo, Utah to Kuala Lumpur, Malaysia (see charts above). Bearing engulfing pattern two days on highER volume, and today's blow off. WAY WAY WAY stretched from 20 sma, not stable
the markets are back to normal, took us some time but here we are-- The Central Bankers Rule The World. Powell remained hawkish last week and the markets rolled over like a cheap suit. I think CPI tomorrow? ,could impact direction short term
a HUGE HUGE level was breached today on USO,.......triggering stops from Provo, Utah to Kuala Lumpur, Malaysia (see charts above). Bearing engulfing pattern two days on highER volume, and today's blow off. WAY WAY WAY stretched from 20 sma, not stable
the markets are back to normal, took us some time but here we are-- The Central Bankers Rule The World. Powell remained hawkish last week and the markets rolled over like a cheap suit. I think CPI tomorrow? ,could impact direction short term
Listen to Dexter....LMAO
Knocking a thread that has at least 30 posters participating in it.
I would say a thread like this has 100% more value over a fantasy land thread where 1 poster is talking to himself.
You can book that cheersgif
Yes carry on Ric.
Bring the knowledge
Bring the knowledge
Burning some time today. I looked at what pulling out of the market did. If I held the exact same mutual funds I would have lost 11%. Instead going to a very conservative mutual fund it was up 1.64%.
I still think that the market has some more room for correction downwards.
Reasons I think: interest rates have been going up is one of the bigger reasons, I still think the amount that the market went up for the 10 plus years of a bull market was significant and probably too much, the initial bump to the market from tax cuts will become old news and not drive the market up and current dysfunctional government will start to become a negative drain on the economy.....like the last government shut down and whatever the negative effect was on the economy.
