Common Knowledge Game- i.e. what is market consensus
1. Monthly jobs report estimates are all over the map, waiting for Goldman to weigh in, as that counts as consensus. Will bad be good and good bad this time because of Fed effect?
2. Greek loan on Monday, current press reports no deal possible by Monday. If they don't get the 7 billion it is good night Irene. Another Sunday night save the markets jaw bone compromise?
Both items could easily move markets and Dell has pointed out Bollingers are primed for an explosive move.
Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
NASDAQ_McClellanOSC_Oversold_06MAY15.tiff (49.3 KiB) Viewed 3160 times
On my watch, long oil just pretty much does what short dollar tells it to do
But depends on yr timeframe as per usual, this is hourly, ignore the vertical lines.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Institutional index, Bears got a stamp of approval today, <900 today. This is why I don't post much today, Momma said " if you got nothing good to say then don't say a word" there is no good word for TA trend following world to said today. both the " It is what it is" and "Keep it simple stupid" department also has nothing positive to say
on the panic side of thing let see how this one goes?
My comments are for entertainment/educational purpose only. NOT a trade advice.
Tutti wrote:Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
Tutti wrote:Filed under FWIW: coming into today the NASDAQ was oversold and I would imagine if we close here we should be nearing extreme levels that have seen bounces over the last 2 or so years.
The attachment NASDAQ_McClellanOSC_Oversold_06MAY15.tiff is no longer available
On my watch, long oil just pretty much does what short dollar tells it to do
But depends on yr timeframe as per usual, this is hourly, ignore the vertical lines.
56oil v udn_png.png
Yes, time frame, time frame.
My comments are for entertainment/educational purpose only. NOT a trade advice.
intraday trend following, sell next selling wave, the day is old so I doubt it will be a good sell this time, but no way it's a buy for trend guy. this is when TSI is coming handy. Peace out!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
someone posted this many pages ago:
Auntie Yellen just said:
"could see sharp jump in rates when Fed hikes ; equity valuations are generally quite high
does anyone have a link to the text of her evil speech ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:someone posted this many pages ago:
Auntie Yellen just said:
"could see sharp jump in rates when Fed hikes ; equity valuations are generally quite high
does anyone have a link to the text of her evil speech ?
Boss, here's the speech, but those remarks came during Q&A (See second link)
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