Smart money selling now? If there is such a thing as “
smart money” they sold a while ago. If anything they are doing the
opposite of what the “non-smart” are doing which are
short or on the sidelines waiting for a retest... that may
never come.
Tom Bowden of Earnings beat once said that when you have big
drops in the morning but buying it during the day it's generally
institutional buying. One theory
Tomorrow is a "Super Moon". At one time we followed that but not
sure if it has any relevance anymore. (When it did it often was a
market reversal point for some odd reason).
End of quarter rebalancing . If a 401k was a 60/40 mix with the
correction the 60 % (equity portion) is way off. Bonds need to be
sold and equities bought. Institutions will be buying today and
tomorrow. Interesting to see what happens after that..
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
The community is delayed by three days for non registered users.
Google getting bought this am.
Posted by tgo5043 on 24th of Apr 2020 at 08:45 am
Google getting bought this am.
Very good point racerick.
When H&S doesn't work out - notice where it bounced ...
Posted by tgo5043 on 24th of Apr 2020 at 08:34 am
Very good point racerick.
And most are getting paid
Great Depression 2.0
Posted by tgo5043 on 23rd of Apr 2020 at 09:03 am
And most are getting paid more then they did when they worked. Go figure!
I always like to redraw
Wednesday's Newsletter
Posted by tgo5043 on 23rd of Apr 2020 at 08:52 am
I always like to redraw a bearish chart in the most bullish way possible to see if I am missing something. Enjoy.
One explanation why the market
Posted by tgo5043 on 22nd of Apr 2020 at 02:35 pm
One explanation why the market is ignoring the bad news is that it is said the market looks six months ahead. Just a thought...
Smart money selling now? If
On the /ES charts, it feels to me this action ...
Posted by tgo5043 on 22nd of Apr 2020 at 01:26 pm
Smart money selling now? If there is such a thing as “ smart money” they sold a while ago. If anything they are doing the opposite of what the “non-smart” are doing which are short or on the sidelines waiting for a retest... that may never come.
Inv Head and Shoulder Triggered.
Posted by tgo5043 on 22nd of Apr 2020 at 10:01 am
Inv Head and Shoulder Triggered. Hope some of you caught it
Inverse Head and Shoulder on
Posted by tgo5043 on 21st of Apr 2020 at 03:43 pm
Inverse Head and Shoulder on 5 mini
He's is a compelling writer
Fantastic commentary form John P Hussman's recent market letter.
Posted by tgo5043 on 20th of Apr 2020 at 05:18 pm
He's is a compelling writer with a horrible track record . He's a perm bear .
I agree. Also what seems
Who's ready for the downside?
Posted by tgo5043 on 20th of Apr 2020 at 05:13 pm
I agree. Also what seems most obvious usually doesn't pan out.
Another random fact.. the USA
Can you even believe this!
Posted by tgo5043 on 20th of Apr 2020 at 10:15 am
Another random fact.. the USA has had only 16 years of not being in some kind of war since our founding.
Could it be a diamond
SPX 10 Recent Range
Posted by tgo5043 on 16th of Apr 2020 at 03:24 pm
Could it be a diamond pattern Steve? If so would it be bearish?
Tom Bowden of Earnings beat
BUYERS - Who the heck are the Buyers? I know ...
Posted by tgo5043 on 15th of Apr 2020 at 02:40 pm
Tom Bowden of Earnings beat once said that when you have big drops in the morning but buying it during the day it's generally institutional buying. One theory
Nice buy signal Matt!
SPX 5 min
Posted by tgo5043 on 15th of Apr 2020 at 02:27 pm
Nice buy signal Matt!
Not sure why so many
SPX 60 View Updated
Posted by tgo5043 on 14th of Apr 2020 at 03:08 pm
Not sure why so many want to short the market. Price action is not bearish.
Looks like a head and
Sorry I'm posting so much! haha...Looking closer at the inverse ...
Posted by tgo5043 on 9th of Apr 2020 at 06:21 pm
Looks like a head and shoulders top to me.
Cup and Handle Triggered? Be
Posted by tgo5043 on 9th of Apr 2020 at 10:20 am
Cup and Handle Triggered? Be careful if you are short.
Tomorrow is a "Super Moon".
Posted by tgo5043 on 6th of Apr 2020 at 03:53 pm
Tomorrow is a "Super Moon". At one time we followed that but not sure if it has any relevance anymore. (When it did it often was a market reversal point for some odd reason).
Please don't share that stuff
Are we at war with China ?? https://www.americanthinker.com/articles/2020/04/china_is_preparing_to_start_a_war_with_america.htmlhttps://theconservativetreehouse.com/2020/04/01/president-trump-announces-major-drug-interdiction-effort-targeting-central-american-cartels/
Posted by tgo5043 on 2nd of Apr 2020 at 09:14 am
Please don't share that stuff on BPT retirefire. There is enough of that elsewhere.
End of quarter rebalancing .
Posted by tgo5043 on 30th of Mar 2020 at 03:31 pm
End of quarter rebalancing . If a 401k was a 60/40 mix with the correction the 60 % (equity portion) is way off. Bonds need to be sold and equities bought. Institutions will be buying today and tomorrow. Interesting to see what happens after that..