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03/02/2020 Live Update

Heck
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Re: 03/02/2020 Live Update

Post by Heck »

SPY Target + 37 %
From 294.46 to 403
+ 1.85 % Dividend Yield
te_fern
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Re: 03/02/2020 Live Update

Post by te_fern »

Added BB52's 40ish line. Should be resistance the rest of the day....
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This is not investment or trade advice.
Heck
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Re: 03/02/2020 Live Update

Post by Heck »

AMZN Target + 67 %
From 1870 to 3123.56

The rich get richer
Heck
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Re: 03/02/2020 Live Update

Post by Heck »

Al_Dente wrote:
Heck wrote:
Al_Dente wrote:
Heck wrote:......Wall St preps for possible shutdown of trading floor.......
Boss: can you give us a source on that, thanks
Charles Gasparino
https://www.fox5ny.com/news/nyse-could- ... ontingency
THANK YOU BOSS
Welcome
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Cobra
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Re: 03/02/2020 Live Update

Post by Cobra »

Possible double bottom. 51% chances.
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QED
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Re: 03/02/2020 Live Update

Post by QED »

Heck wrote:
Al_Dente wrote:
Heck wrote:......Wall St preps for possible shutdown of trading floor.......
Boss: can you give us a source on that, thanks
Charles Gasparino

https://www.fox5ny.com/news/nyse-could- ... ontingency
Apparently, some brokerages are already practicing their shutdown plans ...

Millennials Marooned As RobinHood Experiences System-Wide Outage :roll:
https://www.zerohedge.com/markets/mille ... ire-outage


Fidelity Breaks For 2nd Time In A Week: Countless Accounts Showing Zero Balance :roll:
https://www.zerohedge.com/markets/fidel ... ro-balance

.
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MrMiyagi
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Post by MrMiyagi »

WE ALL SURVIVED THE WEEKEND!!!
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Al_Dente
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Re: 03/02/2020 Live Update

Post by Al_Dente »

ONGOING VIX WATCH:
The famous VIX signal may trigger at the close (outside the bb then CLOSES back inside the bb = buy-spy signal). It has a high success rate.
ONLY THE CLOSE COUNTS.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 03/02/2020 Live Update

Post by Al_Dente »

Drawdowns since the big 2009 low
As of Friday 2/28
Note last December‘s drawdown [trade wars] was deeper than the current drawdown [virus].
https://www.advisorperspectives.com/ima ... da51f5.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 03/02/2020 Live Update

Post by Cobra »

Not good, possible lower high trend reversal.
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Al_Dente
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Re: 03/02/2020 Live Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:Not good, possible lower high trend reversal.
Washington State coronavirus cases up to 18 with 6 deaths now (possibly 7). These are the old folks from the nursing home.
ccash04
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Re: 03/02/2020 Live Update

Post by ccash04 »

Squeeze play up to 3080?
brokebybernacke2
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Re: 03/02/2020 Live Update

Post by brokebybernacke2 »

ccash04 wrote:Squeeze play up to 3080?
like the idea. 3050 maybe. market weathering the corona headlines ok.
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Al_Dente
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Re: 03/02/2020 Live Update

Post by Al_Dente »

'Across the U.S., hand sanitizer sales are up 73% for the four weeks ended Feb. 22, according to data pulled by Nielsen. Sales of medical masks have surged 319%.'
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 03/02/2020 Live Update

Post by Cobra »

Breakout on the upside now should be more likely.
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Al_Dente
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Re: 03/02/2020 Live Update

Post by Al_Dente »

Al_Dente wrote:Broke above ascending triangle, target roughly 3075
5min
32asc tri.png.png
target met
good grief :o
Last edited by Al_Dente on Mon Mar 02, 2020 4:58 pm, edited 1 time in total.
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 03/02/2020 Live Update

Post by Cobra »


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Cobra
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Re: 03/02/2020 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

Thank you guys, I'll see you in another thread soon.

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ccash04
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Re: 03/02/2020 Live Update

Post by ccash04 »

Booyeah good move there
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