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07/05/2022 Live Update

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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

BullBear52x wrote:I am taking next two weeks off to chase a salmon. There will be LL, Peace!
Have fun. Catch some big ones.
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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

ES 5 minutes. Back up to S2, where it finds some resistance. Trying to break out.

2022-07-05_10-22-04.png
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BullBear52x
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Re: 07/05/2022 Live Update

Post by BullBear52x »

Al_Dente wrote:
BullBear52x wrote:...I am taking next two weeks off to chase a salmon. There will be LL, Peace!
Boss, I don't want to jinx it, but every time you go on vacation the market does drop (true story).
Have a great time :D
Thanks Pasta boss and JFR, very oversold market, look at $BPSPX. long term investor will be a screaming buy and hold. Short term I am not bullish until we are trading above 5 DMA. Good luck.
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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

Alternatives.

DBC, IAU, IYR, SPYV and USO down.

TLT and UUP up.

SPYG back up to the previous close.

2022-07-05_10-36-45.png
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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

A quick scan brings up MRNA, Moderna. Pushing the outside of the envelope. P/E very low. ROE very high. Making hay during the pandemic. I prefer Pfizer, but am appreciative of them both.

2022-07-05_10-58-51.png
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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

ES 5 minutes. From S2 up to S1.

Back a bit later ...

2022-07-05_11-29-33.png
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Cobra
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Re: 07/05/2022 Live Update

Post by Cobra »

I see exhaustion so should be a pullback here first which likely would be bought as this bull shall have legs.
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JFR
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Re: 07/05/2022 Live Update

Post by JFR »

ES 5 minutes. Trying for another breakout. The higher it gets, the more likely a pause or pullback. More steam in the boiler?

2022-07-05_12-09-48.png
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Cobra
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Re: 07/05/2022 Live Update

Post by Cobra »


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Re: 07/05/2022 Live Update

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Cobra
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Re: 07/05/2022 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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