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SPX WEEKLY CHART...My Hunch: 12-13%

Posted by mborder1 on 17th of Jul 2021 at 08:42 am

SPX WEEKLY CHART...My Hunch: 12-13% correction (Target: SPX 3800-3850) to 50wk SMA, retest of Broken highs trendline, and 38% Fib. retracement of W3 /of i of Bull WII 

Will find out tomorrow. One strategy will be to put half of account in cash and split the other half equally between : AMZN,NVDA, and COST. Turn off computer and go to my mountain log cabin and fish for 5 yrs.   

Considering that  inflation indicators and employment rates are said to be often fudged and the Fed definitely does not want the market to crash and cause recession but running out of tricks to keep market up, If I were a betting man, I should back up the truck on the long side   

Everyone is expecting a market

Posted by mborder1 on 9th of Jun 2021 at 03:03 pm

Everyone is expecting a market crash tomorrow. Does that mean the market will gap up? lol

What kind of investment is

Posted by mborder1 on 8th of Jun 2021 at 02:29 pm

What kind of investment is the Stock market when it all comes down to how much the Fed can scare the Bears and pamper the Bulls? Find me a safe 3% return on my money and I promise not to look at a stock chart again! LOL

ARKG also looks good

Is ARKK BACK? up 3%

Posted by mborder1 on 7th of Jun 2021 at 04:40 pm

Is ARKK BACK? up 3% today and approaching 50 ma.

Buy and Hold XLP since

Posted by mborder1 on 4th of Jun 2021 at 03:53 pm

Buy and Hold XLP since top of bull market in Yr 2000 would have beaten SPY by a bunch with much lower drawdown. Amazing!

HI Dividends gaining stocks: SPKE,VST,NRG

Posted by mborder1 on 3rd of Jun 2021 at 03:45 pm

HI Dividends gaining stocks: SPKE,VST,NRG

Carz ETF

Posted by mborder1 on 3rd of Jun 2021 at 03:05 pm

Carz ETF

Dividends driven market continues. VYM

Posted by mborder1 on 3rd of Jun 2021 at 02:14 pm

Dividends driven market continues. VYM beating SPY and QQQ

would be fun to have

Posted by mborder1 on 21st of May 2021 at 03:03 pm

would be fun to have a Friday afternoon rally !   

good moves in gaming software:

Posted by mborder1 on 20th of May 2021 at 10:43 am

good moves in gaming software: EA,TTWO,ATVI

buying also in  software sector.

Posted by mborder1 on 20th of May 2021 at 09:42 am

buying also in  software sector. IGV up 1.85%

outperforming clean energy

Posted by mborder1 on 20th of May 2021 at 09:09 am

outperforming clean energy

Semis outperforming SMH past 5

Posted by mborder1 on 20th of May 2021 at 08:12 am

Semis outperforming SMH past 5 yrs and yesterday

Would be nice if correction

Posted by mborder1 on 19th of May 2021 at 12:20 pm

Would be nice if correction ended at this double bottom

Good sign

Semis showing strengh.

Posted by mborder1 on 19th of May 2021 at 11:26 am

Good sign

how do you use OPEX

5/21/21  OPEX

Posted by mborder1 on 18th of May 2021 at 04:59 pm

how do you use OPEX to judge traders sentiment?

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