sharp pullback here would mean lower high, key time. must be up and up otherwise it's just a range day.
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maybe a pullback here first then we'll see, probably will be bought but it could be just a lower high.
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pasta Boss- No way with Chinese trade talks failing-
Years ago my wife was the sales manager for an internal printed circuit board group in a big tech company. Between the environmental regulations and the labor rates there is no way you can assemble electronics in this country anymore. Trade breakdown is a perfect excuse for the Chinese to stop all component imports from the US. We can not retaliate because that would be the end of products with solid state electronics in this country. Maybe the Administration could ignore country of origin and pretend that stuff with a Japanese or Korean name is ok but the truth is the Genie is out of the bottle and isn't going back in.
frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trades with cats wrote:pasta Boss- No way with Chinese trade talks failing-
Years ago my wife was the sales manager for an internal printed circuit board group in a big tech company. Between the environmental regulations and the labor rates there is no way you can assemble electronics in this country anymore. Trade breakdown is a perfect excuse for the Chinese to stop all component imports from the US. We can not retaliate because that would be the end of products with solid state electronics in this country. Maybe the Administration could ignore country of origin and pretend that stuff with a Japanese or Korean name is ok but the truth is the Genie is out of the bottle and isn't going back in.
i think your comment is re: semis
if so, i agree
BTW:
"""""Watching an older Al Brooks video last night he said 90% of the time either the high or low of the day is set by the first 90 minutes of trading."""
do u have a link boss?
thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
Al_Dente wrote:frontrunning the banks just ahead of EPS:
weak regionals (KRE, friend of smalls)
higher high, but not very strong yet on the big banks (XLF, friend of nobody)
712frontrun banks.png.png
very bullish, buy pullbacks /trump threats
last shot here for a double top bears 2797 ish but if 2800 goes, toast.