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3 push up (red arrow) so assume another push up before a 2 legged pullback.
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"A rally like this is of course very dramatic to say the least, but you have them all the time in a bear market," famed investor Carl Icahn told CNBC.
"We keep our portfolio hedged. I am still very, quite bearish on what is going to happen. I think the Fed has to keep raising and if it doesn't then it's going to be worse in the future anyway."
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:"A rally like this is of course very dramatic to say the least, but you have them all the time in a bear market," famed investor Carl Icahn told CNBC.
"We keep our portfolio hedged. I am still very, quite bearish on what is going to happen. I think the Fed has to keep raising and if it doesn't then it's going to be worse in the future anyway."
icahn debbie downer... Dollar /dxy getting to 105 levels, last seen mid august, sp was in 4300s. market priced in dollars, so that level shouldnt be so hard again eh? ..eh?
BREAKING: FTX files for Chapter 11 Bankruptcy.
*FTX SAYS SAM BANKMAN-FRIED HAS RESIGNED HIS ROLE AS CEO AND WILL REMAIN TO ASSIST IN ORDERLY TRANSITION
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:BREAKING: FTX files for Chapter 11 Bankruptcy.
*FTX SAYS SAM BANKMAN-FRIED HAS RESIGNED HIS ROLE AS CEO AND WILL REMAIN TO ASSIST IN ORDERLY TRANSITION
Will he go to jail and become the crypto poster child?
Al_Dente wrote:BREAKING: FTX files for Chapter 11 Bankruptcy.
*FTX SAYS SAM BANKMAN-FRIED HAS RESIGNED HIS ROLE AS CEO AND WILL REMAIN TO ASSIST IN ORDERLY TRANSITION
Will he go to jail and become the crypto poster child?
I really liked FTX. I am sure we haven't heard the last of Sam B-F's endeavors. I wish him the very best as his platform for trading Crypto's was top notch...until it wasn't!
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
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
After Black Friday and most likely closer to Christmas, It goes up to %70+ just check it out on stockchart ( $$UMCSENT) going back to 1978. They send 600 questionaries to people ??? and come up with the data.
The University of Michigan's Consumer Survey Center questions households each month on their assessment of current conditions and expectations of future conditions. Preliminary estimates for a month are released at mid-month and are based on about 420 respondents. Final estimates are released near the end of the month and are based on about 600 respondents.
After Black Friday and most likely closer to Christmas, It goes up to %70+ just check it out on stockchart ( $$UMCSENT) going back to 1978. They send 600 questionaries to people ??? and come up with the data.
The University of Michigan's Consumer Survey Center questions households each month on their assessment of current conditions and expectations of future conditions. Preliminary estimates for a month are released at mid-month and are based on about 420 respondents. Final estimates are released near the end of the month and are based on about 600 respondents.
"Lies, Damed Lies, and Statistics"
My comments are for entertainment/educational purpose only. NOT a trade advice.