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The hunt for round numbers continues amid declining earnings and a softening economy. Housing start -8.8%, permits -7.7% and B of A drops 1st q GDP to 0.0%. Lets move to record highs and prove that central planning works!
SPX highs 2134.71.. just a mere 40 points away. Resistance here/a tad higher.. with trend lines much higher we break the last downtrend. Very messy fork should we stop at 2102-*2105. VIX kinda wedging bullishly.. depending on today, and Wed VIX expiration.
Mind the morning gap, opening at 2100ish. 6 point gap, black daily candle.
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Last edited by fehro on Tue Apr 19, 2016 9:58 am, edited 1 time in total.
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Trying to set up the stage for small pull back...LOL even CB's are struggling to come up with some excuse to do little pullback on current market..any BS to drop 20-40 points..
Trades with cats wrote:Last night Wall Street Journal said Elizabeth Holmes under investigation by SEC for fraud. Won't the collapse of Theranos Unicorn jolt the techs?
I doubt it, private company in the healthcare sector with "unique" blood collection method.
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