Posted by jtsurfah on 15th of Jul 2020 at 11:36 am
Had IWM on new entry list for today with a tight stop (it was
close to support)...but it popped at the open. Any thoughts on
whether or not it holds the gap?
Posted by xxkumarxx on 15th of Jul 2020 at 11:38 am
IMO today is tax day. So lot of people had to pull out
some money to pay taxes hence the dit last few days. Now that
we are over this hump we will move higher. I bought EQ this
am on the covid front was lucky to get it at 13.00 . But we
have some good news there too so I think we go higher.
Posted by jtsurfah on 15th of Jul 2020 at 11:48 am
Also, "swing" states 89% in favor of more Federal stimulus
(shocker) so an almost certainty is now a foregone conclusion.
Anyone see Cramer's "tech analysis" segment on Mad Money
yesterday? Williams (the oscillator guy) gave him exact dates for
when the market will turn, but not how much. In this case, he says
market will top on July 27th and the S&P might go up and tag
the old highs between now and then (don't shoot the messenger, I'm
just repeating the story).
Posted by kevindeng0727 on 15th of Jul 2020 at 11:59 am
Larry Williams? Is there a link for that video.
It's interesting bacause I follow one of Larry's mentee,
former technical analysis director at merrill lynch. He is looking
for pullback/consolidation into end of July/early August and then
strong into the election.
Had IWM on new entry
Posted by jtsurfah on 15th of Jul 2020 at 11:36 am
Had IWM on new entry list for today with a tight stop (it was close to support)...but it popped at the open. Any thoughts on whether or not it holds the gap?
IMO today is tax day.
Posted by xxkumarxx on 15th of Jul 2020 at 11:38 am
IMO today is tax day. So lot of people had to pull out some money to pay taxes hence the dit last few days. Now that we are over this hump we will move higher. I bought EQ this am on the covid front was lucky to get it at 13.00 . But we have some good news there too so I think we go higher.
Also, "swing" states 89% in
Posted by jtsurfah on 15th of Jul 2020 at 11:48 am
Also, "swing" states 89% in favor of more Federal stimulus (shocker) so an almost certainty is now a foregone conclusion.
Anyone see Cramer's "tech analysis" segment on Mad Money yesterday? Williams (the oscillator guy) gave him exact dates for when the market will turn, but not how much. In this case, he says market will top on July 27th and the S&P might go up and tag the old highs between now and then (don't shoot the messenger, I'm just repeating the story).
Larry Williams? Is there a
Posted by kevindeng0727 on 15th of Jul 2020 at 11:59 am
Larry Williams? Is there a link for that video.
It's interesting bacause I follow one of Larry's mentee, former technical analysis director at merrill lynch. He is looking for pullback/consolidation into end of July/early August and then strong into the election.
https://www.cnbc.com/2020/07/14/jim-cramer-charts-suggest-sp-500-climb-will-stall-out-in-late-july.html
Posted by jtsurfah on 15th of Jul 2020 at 12:13 pm
https://www.cnbc.com/2020/07/14/jim-cramer-charts-suggest-sp-500-climb-will-stall-out-in-late-july.html
If market does stall headline
Posted by z0ned on 15th of Jul 2020 at 01:54 pm
If market does stall headline will be "Cramer called rollover" if it keeps going up it will be "Larry Williams wrong about rollover" :)
Thanks.
Posted by kevindeng0727 on 15th of Jul 2020 at 12:20 pm
Thanks.
I could see that, been
Posted by matt on 15th of Jul 2020 at 12:00 pm
I could see that, been leaning towards that myself