Re: Whipsaw's Account Talk
Hi Whipsaw, I'm looking at Stochastic to see when signal, K line, drops below 80 as tgats when it loses embedded reading per Ira. Not seeing that today, but Im still thinking about pocketing a lil gain. I think your point about big drop with down crossover is very valid! Best wishes to you! :)
Re: Whipsaw's Account Talk
Here's one explanation, with 4 reasons!
Varney: 4 reasons the stock market is at or near all-time highs
https://www.foxbusiness.com/markets/...all-time-highs
Re: Whipsaw's Account Talk
Futures are up! :cool: Maybe yesterdays hiccup is all we'll see, for now anyway. Will we see a double top and then downside? I don't think so considering all of the work the fed is doing re. interest rates, buying debt, etc. We shall see.
Re: Whipsaw's Account Talk
It would be nice to see the strength hold all the way into the close today.
Re: Whipsaw's Account Talk
Re: Whipsaw's Account Talk
Quite a bit of negative commentary on MW regarding the markets rise, bearish sentiments, comeuppance, idiot's tales... is this for real? Warnings, or scare tactics?
Re: Whipsaw's Account Talk
We're climbing out of the low open...
Re: Whipsaw's Account Talk
Man, S-Fund is the laggard! :suspicious: Will have to consider a rebalance come the 1st of September. Small-Caps are supposed to be stronger in Aug-Sep, but then everything is out of whack right now anyway.
Re: Whipsaw's Account Talk
Can't remember who posted it (maybe nasa1974) but seasonality is with the F fund for the rest of August...
Of course the bond chart looks kinda scary at this point, so what do I know?
Re: Whipsaw's Account Talk
Re: Whipsaw's Account Talk
And you don't even have to wait until the afternoon for the fade...
Re: Whipsaw's Account Talk
Finishing in the green! Annoyed at S lagging the C went looking for seasonality info, found this site: Seasonality | Equity Clock
If I'm reading it right, we shouldn't be in the S&P or the Russell, but the F-fund?!