08/08/2020 Weekend Update

[Cobra]

Up 2 weeks in a row, 76% chances higher high ahead the next week, so bulls should be fine.

[BullBear52x]

From It is what it is department"Overbought market. many thing suggested this rally will not sustain, I was joking weeks a go, the Fed needs to save the dollar, Tank commodities, and let the SPX correct to 2500. still think that is the balanced act. Key focus Overbought in most short term indicators expected a correction to come as soon as next week, regardless of stimulus talk, no news no rumors on my side of charting. bullish market and overbought with high complacency level and fearless while $VIX is well above the norm of 16.
Save the dollar or crash the dollar? I see a bottoming on a dollar, strong dollar bad for earning number in general, the earning season is come to an end time to support it.

Complacency level is way scary, too comfortable out there on the buy side.

a pull back is at hand per SPX:VIX ratio

Short term trend is up dip will be bought as long as we are trading over 5 DMA, as over bought as it may be early bird counter trend will have to be careful yet. I will continue my excuse to find the top, Trade well, Peace!

[Heck]

'Broke And Unemployed' Hunter Biden Slapped With $450K Tax Lien - 'Resolved' In Six Days

It's a big club and you ain't in it

84,000 Mail In Ballots Disqualified In New York City Primary

Kodak Government Deal On Verge Of Collapse for wrongdoing

Five high tech stocks worth more than most countries

Look out below

[Heck]

Treasury Rates Can Still Hit 0%
The Death Of Growth

https://epbmacroresearch.com/2020/08/07 ... -part-iii/

[Heck]

Dead Economy ?

The lowest yield on the 10-Year Treasury on record dating back 149-years was reached this week.

https://economicprism.com/the-dollar-is-dying/

[Heck]

7-Year-Old Boy In Georgia Died "From COVID-19"? There's Just One Thing

According to the Chatham County Coroner, the child had a seizure and fell in the shower and was unresponsive

Fake news

Fake markets

BEARYA

[Heck]

Saudi Aramco Keeps Dividend Despite Profits - 50 %

Worst quarter in modern history of oil industry

BP Target 20.12

https://stockcharts.com/freecharts/pnf. ... ANRBO[P][D][F1!3!1.0!!2!20]

BEARYA

[Heck]

AAPL 90 % of IWM

Previous Market Peaks Marked by Similar Super Stocks

https://tinyurl.com/y6gs9r7j

[Heck]

News vs TA

Kodak Government Deal On Verge Of Collapse for Wrongdoing

KODK Target + 1101 %
From 14.57 to 175

[Heck]

$GOLD Target + 19 %
From 2024.8 to 2408.79

$SILVER Target + 128 %
From 27.43 to 62.4

[Heck]

WFC Target - 13 %
From 25.22 to 21.92
- 0.1 % Dividend
163 % Debt/Equity
- 53 % YTD

https://stockcharts.com/freecharts/pnf. ... NRBO[PA][D][F1!3!1.0!!2!20]

[Heck]

Robinhood says it will stop showing how many customers hold a certain stock on its website

[Heck]

https://twitter.com/NorthmanTrader/stat ... 96803?s=20

[Heck]

GOLD Target + 92 %
From 28.437 to 54.59
0.9 % Canada Dividend

[Heck]

News vs TA

Kodak Government Deal On Verge Of Collapse for Wrongdoing

KODK Target + 1101 %
From 14.57 to 175

KODK - 40 % this AM on News government loan on hold

[Heck]

New Lows for $TNX
Look out below stocks