From Twitter-Citron is a very vocal short selling firm-
Citron accepting a challenge. @Jimcramer has famously named his dog Nvidia. If $NVDA is trading over $230 in 12 months, Citron will donate $230k to the Humane Society. $NVDA has become a victim of its own success as competition looms on ALL sides. Great company. $175 tgt 2018
Background change to gray is Tokyo open. Back to white is New York open. These are not equidistant tick bars. So the bar prints when 2,000 trades take place. Important thing is still NO Gaussian bell curve on volume profile.
classic breakdown then sharp rebound. trading on bear side is always difficult because you never know this sharp rebound is reversal or just a rebound.
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Can you look into VIX? since last 2 days VIX is not reacting to the market...SPX red and VIX red, which is not a good sign for the BEARS
wedge retest….LOD /20d 2649ish goes again look to 2620ish … 2600… near 200d SMA VIX daily bull flag of sorts.. "IF" we hammer today… yes VIX is low red a tad curious.. bonds green
McClellan states the case that according to the big bank analysts, most on Wall Street subscribe to. The case of continuing Fed policy errors.
And quite honestly the Fed is composed of intellectually in-bred academic snobbish genius but idiots with no skin in the game. Their institutional track record is horrible. They rightly live in fear of populist politicians as they know what Old Hickory did to one of their predecessors.
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