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07/14/2020 Live Update

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Cobra
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Re: 07/14/2020 Live Update

Post by Cobra »

Testing the day high for the 3rd time. Need a couple of bars of consolidation before the breakout can be successful. Breakout now might not hold.
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Al_Dente
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Re: 07/14/2020 Live Update

Post by Al_Dente »

Jamie Dimon, CEO of JPM:
In 1Q we expected a sharp downturn followed by a rapid recovery. Now we expect something "much more protracted."
"This is not a normal recession. The recessionary part of this you’re going to see down the road."

JPM set aside $10.5 billion to cover future bad loans, a record.
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: 07/14/2020 Live Update

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Cobra
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Re: 07/14/2020 Live Update

Post by Cobra »

Maybe another breakout is possible.
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Cobra
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Re: 07/14/2020 Live Update

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Cobra
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Re: 07/14/2020 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Wednesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449381

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

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JFR
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Re: 07/14/2020 Live Update

Post by JFR »

SPY 5. Up. Up. And up. Finishes up 4.08 for the day. Hopeful investors are All-In like there's no tomorrow.

2020-07-14_1449.png
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