Today is their official follow through day after the 18th day of the rally attempt.
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Today is their official follow through day after the 18th day of the rally attempt.
I have no idea how anyone can hold some individual stocks with any serious skin in the game. META in particular, shareholders have had a very emotional ride.
Another week, still no follow through day. Quiet news and low volume week in general.
Druckenmiller top 5 holdings
1. NVDA
2. CPNG
3. MSFT
4. LLY
5. TECK
Page not found - Stockcircle
They weren't enthused about the volume on Nasdaq and continue to proceed with caution.
IBD's 40 year anniversary sale is on now. $40 for 4 months if anyone was looking to check it out.
Funny how market rallies on rate cut hopes, but if the market is going up, the fed has no reason to cut rates.
If today's gains hold and volume is up, today will be a follow through day according to IBD rules. FTD's indicate the start of a new rally.
UBS downgrades AMZN, AAPL, MSFT, META, NVDA, GOOGL to Neutral from Overweight. This is street speak for 'sell'.
Profit momentum of Big Six tech companies to 'collapse' over 2024, UBS says
BTC is seeing some weekend volatility and possibly threatening the psychological $60k level. With BTC down 15% from the high, how many ETF buyers will be looking to sell on Monday before it goes...
He gets a lot of glory in the press when he gets it right, but he got this one wrong and reduced his position by 1/3 in Q4 2023. Wouldn't be surprised if he unloaded more on the buyout spike.
Not a single mention of government money printing by the manager at Black Rock. When's the last time someone on the buy said said stocks were overvalued anyway?
2022 was the longest bear market...
I love how mainstream media has such a hard time talking about this.
It's a bad deal that the victims will be refunded based on crypto prices in November 2022. BTC is up 340% since then.
Most of them will have to work until 70. An additional 15-20 years of hopefully maxing retirement savings will help those numbers, but working full time past the age of 60 it better be something you...
The hype period might be starting to wane. I haven't had much success with any of the chat bots and have really stopped using them. Too much bad information and fantasy links that have nothing to...
Crazy thought, but DJIA has been forming a base since February 22 and currently is sitting right around the buy point at the 39,250-39,300 area.
Still going sideways. A break above the right shoulder of around 16,000 would imply new highs. If this rally is as broad based as the bulls are now saying, then this should happen soon.
I keep hearing the buy side advisors talk about how it's a broad rally, but small caps still trying to get thru that 205 level.
It's amazing what rising stock prices can do for sentiment.
Breaking lower. Next line of support is a 10% drop from here.
Get ready to hear some scientist say the reason for these kinds of low temps is "climate change".
Imagine what will happen when the fed cuts rates.
60436
Government jobs at all levels: 52,000
Restaurants and bars: 42,000
Meanwhile, full time careers that create wealth are laying people off.
Powerful reversal today and still extended 30% above the 50 DMA. Gap to be filled around the 690-740 level, which is a 15% to 20% drop from today's close.
60435
Another magnificent seven stock not looking too good. Goodbye 200 DMA today and down 15% from its top - in a bull market.
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