NFLX
When there’s just too much video streaming content to choose from, viewers turn to a trusty old friend: broadcast television…. (58%) rather than browse through the menus of their streaming services (33%), according to the research from Nielsen.
Research by behavioral psychologists has shown that too many choices can overwhelm consumers, create the unpleasant feeling known as “decision fatigue” … https://www.marketwatch.com/story/why-t ... =rss&rss=1
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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mini target, exceeds it then the low might be in or very close.
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Last rotation beat up my trend lines pretty badly.
I circled the three times the up move was stopped at VWAP. We have discussed here that the market VWAP is not the individual VWAP, but it is what it is. Certainly this does not happen every day. I would guess it is more significant if volume is light and active traders are scarce.
for now it could be a typical revisit of the day low before the real rebound so waiting for trading reversals setup.
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so it's good to wait for the 2nd test, now we know the low wasn't in, it could be measured move down. even it turns out to be a lower low trend reversal later, I'd pass, no buy, I don't like this new low, too decisive.
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Barbara Corcoran quit her job as a waitress in her 20s to start her New York City real estate brokerage businesses with just a $1,000 loan.
She later sold The Corcoran Group for $66 million in 2001.
She joined “Shark Tank,” where her best investment was $50,000 and it made her $30 million in a year and a half. (…two crazy guys, brothers, who had nothing more than a homemade sweatshirt blanket you drape over your head with a big hood. They called it the Comfy…)
INTERVIEW: https://www.marketwatch.com/story/how-b ... =rss&rss=1
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
For now a red weekly candle is guaranteed, the question is can we get a bearish engulfing while we are at it?
either ways, I will be out and enjoy my Friday.
My comments are for entertainment/educational purpose only. NOT a trade advice.
The larger context after today is if the FOMC has any shred of credibility left. Are they going to go the way of trade talk news, reported but ignored.