04/13/2020 Live Update

[QED]

TSLA Target + 38 %
From 580.53 to 802
Exceptions prove the rule

Tesla: $1250 Target
https://www.youtube.com/watch?v=7XsLljA ... dex=2&t=0s

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[BullBear52x]

Paging bb52x
Boss: look at our oldie-but-goodie

The attachment 413renko.png.png is no longer available

out side BB, Honey hole for day trading only, until we trades under 5 DMA then you will see what side I'll be on

[Al_Dente]

Recall that NUGT is now 200% leveraged (previously 300%).
Things got a bit weird, but volume (not shown) and percentage gain (here) show that miner bulls got even bolder on 4/9 when the Fed announced they were buying junk bonds and everything else.
5min
(On the daily chart - not shown - GDX approaches potential triple top)

[Al_Dente]

Tri-state and all northeastern states governors LIVE
https://www.youtube.com/watch?v=EwJt8ath-yA

[ccash04]

Interesting day, AMZN and NFLX doing heavy lifting, also V and MA are down over 3% but SQ is now positive, what is going on.

Going long into the close, looking forward a squeeze up, given where LQD is and appears to be heading back up thinking SPY will follow and break above 275, looks to still close negative but should be above 275.

[Al_Dente]

PA Gov: “Well, since we were responsible for shutting down, I think we’ll be responsible for opening back up.”

[Al_Dente]

'Currently, only 9.6% of the companies listed on the NYSE are trading above their 200dmas — a sign that the market is still in a downtrend.
A number that would suggest the market has bottomed and is entering a new upswing would be around 15%.'
WSJ

[Al_Dente]

'Buying corporate bonds and ETFs in the secondary market does nothing to help fund the economy, and merely helps the returns of investors who have already bought corporate bonds. It is a paradise for speculators.'
[FT]

[Cobra]

Members only update at 3:50 pm
http://www.cobrasmarketview.com/2020/04 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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/ ... /533449374

[Heck]

After hours study re Corona Market

https://www.youtube.com/watch?v=lGC5sGdz4kg

[JFR]

ES 5. Back where it was at the open of the day session.