oh yeah we'll see a dip alright, but not until the russell 2000 hits 880
i don't mind being called dumb money, the smart money losing their asses caused the financial crisis, shows how much they know lol.
Yeah, keep going up and pull me out of a bad move.
If at first you don't succeed, redefine success.
You can't outrun Death forever, but you can make the b&stard work for it.
5 things to know before the stock market opens Wednesday
PUBLISHED WED, FEB 26 20206:47 AM ESTUPDATED AN HOUR AGO
Matthew J. Belvedere@MATT_BELVEDERE
https://www.cnbc.com/2020/02/26/5-th...y-26-2020.html
From Sentimentrader.
When the S&P 500 rallied the day after a presidential election, it was higher 3 months later 90% of the time by an average of +4.4%. When it dropped the day after, then it was higher 3 months later only 50% of the time with an avg return of -0.9%.
Bearish engulfing candle played out today in SPX.
Stocks do go down and wouldn't that be something if these insane IPO's mark some sort of a top.
spx2.jpg
To add to the above post, a black candle on IPO day is not good. The bungee cord is retracting.
abnb.JPG
S&P500 (C Fund) (delayed) (Stockcharts.com Real-time) |
DWCPF (S Fund) (delayed) (Stockcharts.com Real-time) |
EFA (I Fund) (delayed) (Stockcharts.com Real-time) |
BND (F Fund) (delayed) (Stockcharts.com Real-time) |
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Yahoo Finance Realtime TSP Fund Tracking Index Quotes |
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