Ramp Express has been unreliable lately. Still a swift 5 points up would make a big difference on a day with such a worthless little trading range. Relative volume is down to 93% for the day so I think the bears are asleep.
NOT INTRADAY
Options traders are as fickle as price; that’s their job.
Using only the inverted-VIX centerline has been a reliable swing signal….. like now …. sell
(solid vertical lines are the 1/VIX swing signals)
daily
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:NOT INTRADAY
...
Using only the inverted-VIX centerline has been a reliable swing signal….. like now …. sell
(solid vertical lines are the 1/VIX swing signals)
daily
"The SEC, operating under the Reagan Republicans, passed rule 10b-18, which made stock buybacks legal. Up until the passing of this rule, the Securities Exchange Act of 1934 considered large-scale share repurchases a form of stock manipulation.
The 1982 rule provided “safe harbor” protection as long as a company bought back no more than 25% of its average daily volume over the previous four weeks and didn’t buy its stock at the beginning or end of the day’s trading. The SEC Commissioners argued at the time that the rule would encourage higher stock prices thereby benefiting investors across the board."
So enjoy those buybacks while they last. As at the current level they are eliminating all sense of price discovery and some time in a galaxy far far away they will be outlawed once again.
volume surge so should be a rebound here till the close.
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