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Too bad the Fed didn't

Posted by mla127 on 3rd of May 2024 at 02:51 pm

Too bad the Fed didn't raised rates .... we probably would have busted that 50dma and be an all time high again next week ... lol ... What is 2024

HD ... Flagging on the 200dma ...

Posted by mla127 on 3rd of May 2024 at 10:02 am

HD - Gaped above my initial buy order ...

WMT

Posted by mla127 on 2nd of May 2024 at 04:08 pm

WMT - Looking for long, but the 50MA seems to be capping it for now ... a bit like COST ... so if this fail to break it and reverse from it, this could turn out to be a good short ...

Peter Zeihan has been talking about this for awhile now ,.... interesting stuff ... Demographics are like the "Quarterly charts" for us traders ...lol .. slow moving, but trends are very significant when they develop ...

Bulls pigged out on food

DBA

Posted by mla127 on 2nd of May 2024 at 12:07 pm

Bulls pigged out on food ... now there's a little bit of a digestive issue to deal with ....

Yeah ... got an alarm

COST

Posted by mla127 on 2nd of May 2024 at 11:36 am

Yeah ... got an alarm set on it ...

There was a time, mostly

Posted by mla127 on 1st of May 2024 at 03:46 pm

There was a time, mostly pre GFC, where nobody cared about about the Fed statement or if they were talking somewhere ... now every time one them talks, it's like a playoff post game interview ... the wording analysis comes out , a Financial Dr Phil will analyse the tone and word selection ... etc... lol ...

SPX 10m ... .nice ....

Posted by mla127 on 1st of May 2024 at 03:38 pm

SPX 10m ... .nice ....

The market is like a

Posted by mla127 on 1st of May 2024 at 03:36 pm

The market is like a massive Draftkings for real money ... ... it's algo driven for the most part anyway ... if you try to make sense of it, you'll loose your mind and in the end it will affect your P&L ... there's nothing to rationalize in this ... Personally, as long as I can make money in this circus ... that's all I care about.