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need see more bars, maybe pullback isn't over yet, just maybe.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
te-fern thanks for that on bio's may explain some of what is going on with the R2K, a failed breakout forming up for a double top. Could shape up to be a down day, or at least close the opening gap.
Small Caps refusing to drop below the opening print. Waiting for Cobra to certify the ES is stuck in a boring range again.
Think I will paint a wall so I have something to watch.
Trades with cats wrote:Small Caps refusing to drop below the opening print. Waiting for Cobra to certify the ES is stuck in a boring range again.
Think I will paint a wall so I have something to watch.
Yeah, I finally went and took a shower. Not much going on! LOL!
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I was working at a small savings and loan when Paul Volcker inverted the yield curve big time. Market is betting the Fed won't let it get out of hand. But that is really a bet on the PBoC being miracle workers. Let's not even look at carmageddon or the strip mall apocalipse, just buy those bank stocks because the Fed will save them yet again.
Sorry, my attitude towards the sector is showing. Afterall which is bigger, new loss reserves or fines and legal defense fees for rigging markets and abusing customers.