|
|
Post by huh on Nov 28, 2018 8:23:23 GMT -5
I'll take a bite of AAPL @ 169.25 today, if it gets there. Redux I still believe spot VIX down to at least 15.20's, but likely even lower since also expecting much more downside in VXX (-25% or more) and IWM up to ~163.80 (+10% from here) - and if these all play out, I believe that would seal the deal on a market top. |
|
|
|
Post by walnut on Nov 28, 2018 10:56:54 GMT -5
I sure hope so. Need SP back above 200 day ma to sleep easy.
Indicators look bullish, and stochastics seem to forecast several days of bullishness. Trump-China and Powell this week are important.
|
|
|
|
Post by novie08 on Nov 28, 2018 11:00:12 GMT -5
Just fwiw, Rick Ackerman has AAPL to possible 162.43 which would be 30% lower than the high.
|
|
|
|
Post by theMist on Nov 28, 2018 13:24:37 GMT -5
This could be the last hoorah for the Bulls going into end of year
we'll see...
|
|
|
|
Post by clinton on Nov 28, 2018 13:43:32 GMT -5
spy crossed the 200ma hourly
long XLF puts.
for better or worse sticking w the plan
|
|
|
|
Post by clinton on Nov 28, 2018 13:44:47 GMT -5
give trump an hour he'll tweet something bearish
|
|
|
|
Post by lasvegas77 on Nov 28, 2018 13:56:52 GMT -5
Wow a 550 point up move on the dow and tvix is only down 6.4%
|
|
|
|
Post by clinton on Nov 28, 2018 14:28:15 GMT -5
GM and FORD announcing high paying job layoffs is the beginning of the recession.
the only trickle down will be the misery
|
|
|
|
Post by clinton on Nov 28, 2018 14:29:07 GMT -5
Low oil prices will probably mean oil job layoffs too if oil price doesnt bounce soon
|
|
|
|
Post by walnut on Nov 28, 2018 14:54:09 GMT -5
GM and FORD announcing high paying job layoffs is the beginning of the recession. the only trickle down will be the misery That was my thought too, GM even said so. But, kinda hard to gauge by F and GM, something very wrong with the car business. If you look at the long term Ford chart, you have to wonder what was the point. Other than the recovery from 09, and the nice dividend, the chart looks like a company that is dying. Mark Fields seemed to think that Ford was going to be a high tech company, but the market never bought it. Ford never got a FANG P/E. |
|
|
|
Post by clinton on Nov 28, 2018 15:21:32 GMT -5
|
|
|
|
Post by clinton on Nov 28, 2018 15:31:19 GMT -5
spy price near high, 1 mon obv not even close to a high
this is algo magic, gap down tomorrow is what usually happens when I see this
|
|
|
|
Post by clinton on Nov 28, 2018 15:38:19 GMT -5
Algo magic  |
|
|
|
Post by clinton on Nov 28, 2018 15:48:54 GMT -5
this is why i dont short spy
its all big cap tech
|
|
|
|
Post by clinton on Nov 28, 2018 16:01:06 GMT -5
love how they paint the tape the last 30 sec haha
well I hope I guessed right
|
|
|
|
Post by clinton on Nov 29, 2018 0:58:07 GMT -5
|
|
