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01/18/2023 Live Update

merryme
Posts: 561
Joined: Tue Apr 01, 2014 1:41 pm

Re: 01/18/2023 Live Update

Post by merryme »

At the other side of the range fast.
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“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
jademann
Posts: 1051
Joined: Wed Aug 22, 2012 10:49 am

Re: 01/18/2023 Live Update

Post by jademann »

Looks like the swing trade is fading away and we will settle around here for the next few months!
My comments were dictated to me by homie the clown
merryme
Posts: 561
Joined: Tue Apr 01, 2014 1:41 pm

Re: 01/18/2023 Live Update

Post by merryme »

Food for thought...
1) Aging population is big problem in USA. (How does one resolve this problem?)
2) Productivity...this angers people but, what is the cost of payroll versus productivity? Work ethics have changed. (This is a touchy subject!) Put another way, if there is less productivity per employee, this creates problems for corporations and stock prices. Hence, layoffs come in handy.
3) Payroll is the #1 inflationary pressure for businesses when it is hard to find talent.
4) Presently, we are overemployed as businesses cannot find qualified workers. Layoffs are necessary to mix it up a bit!
Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
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Cobra
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Re: 01/18/2023 Live Update

Post by Cobra »

It's the very first touch of EMA20 in 2+ hours so could attract some sellers.
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merryme
Posts: 561
Joined: Tue Apr 01, 2014 1:41 pm

Re: 01/18/2023 Live Update

Post by merryme »

Watching buyers and sellers duke it out on this very fast chart. $.05 level.
This is the super short term range at the bottom of the larger trading range previously shown.
Need more fear/volume to move lower.
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Sharing research and ideas only, this is not trading advice.
“If people concentrated on the really important things in life, there’d be a shortage of fishing poles.” – Doug Larson
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Cobra
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Re: 01/18/2023 Live Update

Post by Cobra »


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Cobra
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Re: 01/18/2023 Live Update

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Cobra
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Re: 01/18/2023 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Thursday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449387

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

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