Thread: Bquat's Account Talk

Not much strength yet. Chart:

So, in review why we lost the tug-a-war between Election talking points and real life:

1. Ex FED chairwoman Yellen tried to push that Inflation is transitory and then that it was coming down The rate of rising inflation was decreasing not Inflation itself

2, They had FED chairman Powell say there will be rate cuts Well Consumer Price Index continued up and the other FEDs didn't get the memo

3. It was put out there was going to be a cease fire in Israel No things exoculated increasing the chance of oil production to be affected.

And I was expected an election run up I was wrong

Originally Posted by Bquat

And I was expected an election run up I was wrong

We might have to wait until June.

This chart only goes up to the 2016 election, but it's over a century's worth of data showing how the Dow Jones performed during an election year.

Looking better. I was thinking my 100 SMA was the Dead Cat Bounce line, and we are above that. I didn't show the small gap up because of yesterday's top tail. Chart:

Nice work. The 20-day average fell below the 50-day which generally triggers an oversold bounce, so now what? I like that the 50-day average is still flat and hasn't turned down much yet.