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01/15/2022 Weekend Update

Posted: Fri Jan 14, 2022 7:10 pm
by Cobra
Down 2 week, the next week has 65% chances to close up.

Re: 01/15/2022 Weekend Update

Posted: Fri Jan 14, 2022 10:35 pm
by JFR
SPY daily. Three Line Break. Pullback to the EMA 20. Will this one go as far as late September and late November, to the lower Bollinger Band?

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Re: 01/15/2022 Weekend Update

Posted: Sat Jan 15, 2022 12:54 am
by Al_Dente
"We just can't find employees that want to work" [said by CEOs paying poverty wages]
Symbol KR
In a new survey of 36,000 Kroger hourly workers in Colorado, Washington, and California, 42% of respondents said they relied on borrowing money from friends or family to pay for basic needs over the last year, 34% said they cut portion sizes or skipped meals because they couldn't afford food, and 14% said they were homeless. Some of Kroger's hourly employees resorted to collecting aluminum cans to help pay their rent.
Kroger is the country’s largest grocery chain, where senior executives each made $5 million or more in 2020, with CEO Rodney McMullen earning $22 million, nearly double his 2018 pay.
https://www.buzzfeednews.com/article/al ... gc#4ldqpgc

"The Real Threat To Democracy Is Corrupting Wealth Inequality"
Kleptocracy
https://www.zerohedge.com/political/rea ... inequality
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Re: 01/15/2022 Weekend Update

Posted: Sat Jan 15, 2022 2:01 pm
by BullBear52x
From " It is what it is Department" Big picture, We are in a No Man's Land. go ahead guessing a chop Zone. :lol:
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Back to my book, Swing setup is entering sell the rips zone once more, so you know the routine, sell until it fails.
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Intraday on Friday were ending the day with Positive Price action (PPA), Monday will have to wait and see, Friday's high is my pivot. it's 2022 why make it hard for yourself? Covid already makes it hard for everyone. stay safe and clean. Peace!
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Re: 01/15/2022 Weekend Update

Posted: Sat Jan 15, 2022 4:29 pm
by Al_Dente
A funny thing happened on the way to the backtest.
SPY printed a HIGHER LOW, which should be good for a bounce up to the declining MAs
60m
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Re: 01/15/2022 Weekend Update

Posted: Sun Jan 16, 2022 2:37 pm
by Al_Dente
AAPL has pierced but really hasn't stayed below 50ma since mid september.
After it rejected 50ma in spetember, it declined another 8%, which doesn't mean it will do the same this time.
As you all recall, AAPL is the big gorilla in SPY
Daily
https://stockcharts.com/public/1684859
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Re: 01/15/2022 Weekend Update

Posted: Sun Jan 16, 2022 3:00 pm
by Al_Dente
[FactSet via Callum Thomas]
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Re: 01/15/2022 Weekend Update

Posted: Mon Jan 17, 2022 12:54 am
by Al_Dente

Re: 01/15/2022 Weekend Update

Posted: Mon Jan 17, 2022 9:42 am
by Cobra
$AAII bull - $AAII bear down to the recent low, maybe it means a rebound of the stock market.
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