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Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 2:10 pm
by K447
Al_Dente wrote:Anecdote: GM said that the strike cost them near $2 billion (this from memory, yesterday’s news).
[So why not just pay workers fairly to begin with, and get on with the business of producing/selling your crappy cars.]
How much will they pay the workers over the lifespan of the contract?
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 2:13 pm
by Al_Dente
K447 wrote:Al_Dente wrote:Anecdote: GM said that the strike cost them near $2 billion (this from memory, yesterday’s news).
[So why not just pay workers fairly to begin with, and get on with the business of producing/selling your crappy cars.]
How much will they pay the workers over the lifespan of the contract?
IDK
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 2:23 pm
by K447
Al_Dente wrote:K447 wrote:Al_Dente wrote:Anecdote: GM said that the strike cost them near $2 billion (this from memory, yesterday’s news).
[So why not just pay workers fairly to begin with, and get on with the business of producing/selling your crappy cars.]
How much will they pay the workers over the lifespan of the contract?
IDK
Just as a guess, I suspect it is a number much, much larger than $2B.
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 2:30 pm
by BullBear52x
There is buyers but not at these level, 22-25ish will be more buying interest.
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:00 pm
by BullBear52x
A closed below 36.5 on Cash SPX will confirmed a bearish reversal day. bulls were fighting hard today but looks like they are going to give in now.
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:00 pm
by Al_Dente
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:07 pm
by BullBear52x
5 min. swing setup is in a buy zone, if we trade lower these buyers will be trapped. I think that is the plan all along so far they got the FOMO already this morning.
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:09 pm
by Al_Dente
RATE CUT ODDS
97.3%
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:50 pm
by Al_Dente
Northman: new highs AGAIN in front of the Fed policy announcement.
[pretty shocking chart]
https://www.zerohedge.com/s3/files/inli ... k=vRDTKwt5
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:51 pm
by Cobra
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:52 pm
by Cobra
well, guess that's it for today. here's what Wednesday looks like:
https://stockcharts.com/public/1684859/ ... /533449381
thank you guys, I'll see you in another thread soon.
before the close, please take a little time to vote for me, thanks:
https://stockcharts.com/public/1684859/ ... /533449381
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:54 pm
by Cobra
here you can find likely up or down on FOMC days recently:
https://stockcharts.com/public/1684859/ ... /533449390
Re: 10/29/2019 Live Update
Posted: Tue Oct 29, 2019 3:54 pm
by te_fern
This triangle did not hold today....
