Search:

Off topic, but related, the seasonality chart for February did a pretty good job as well of forecasting direction.

https://www.tsptalk.com/images/mb/2021/022721a.gif
Chart provided courtesy of...

Yeah, both charts look peaky, at least for short term.

Did you see the dollar?

https://www.tsptalk.com/images/mb/2021/022621c.gif

The February 2021 results are in and here are the top 5 returns. :banana:


http://www.tsptalk.com/tracker/tally/2021/0221_winners.gif


Congratulations! Great job.

If you are interested,...

The S&P 500 is testing that 50-day EMA. Waiting for a bottom, is a lot like waiting for a pot of water to boil. It won't happen if you're watching it. :)

Yesterday's high (over 1.6%) and reversal in the 10-year yield may be a temporary peak. If not, the correction in stocks should continue. If it does start to pullback and try to fill that open gap,...

Yields are getting serious...

https://www.tsptalk.com/images/mb/2021/022521d.gif

Gotta hold here.

https://www.tsptalk.com/images/mb/2021/022521c.gif

Credit market smarting today.

https://www.tsptalk.com/images/mb/2021/022521a.gif

The short squeezers are having a big day today. GME, as I mentioned in another post, was up 100% today, AMC up 18%, TLRY up 13%, EXPR up 43%. :eek:

Boom! Up 100% today.

Nice reversal. 10 minutes to go, but it looks like the Transports are actually going to close at an all-time high.

https://www.tsptalk.com/images/mb/2021/022321c.gif

The credit market ETF just went positive for the day.

https://www.tsptalk.com/images/mb/2021/022321b.gif

Big spike in the VIX this morning. The question is whether it can close above or below that 200-daty EMA.

https://www.tsptalk.com/images/mb/2021/022321a.gif

I have to admit that I'm a little paranoid after the Robinhood Gamestop fiasco. This morning I had a typical incident with Fidelity during busy trading. I tried to buy a couple of heavily beaten...

I'm with you. It will probably matter, until it doesn't. But it makes for a good headline. :)


Tesla’s share price is now directly tied to the value of bitcoin, analyst says

...

The S-fund (dwcpf) is not keeping pace with the Russell 2000 today. Big divergence.

https://www.tsptalk.com/images/mb/2021/022221e.gif

Yeah, very important to hold. Only a few closes below the 50-EMA in the past year.

https://www.tsptalk.com/images/mb/2021/022221d.gif

Interesting... on a day with stocks down almost across the board, the Transports are up 0.87% and making new highs.

https://www.tsptalk.com/images/mb/2021/022221c.gif

Elon Musk says bitcoin seems high after surpassing $1 trillion market cap


https://www.cnbc.com/2021/02/20/elon-musk-says-bitcoin-seems-high-after-surpassing-1-trillion-market-cap.html

Yield on 10-year is up and at new highs, yet...

https://www.tsptalk.com/images/mb/2021/021921c.gif


Small caps are racing higher too. So much for the growth concern.
...

Dollar breaking below the H&S...

https://www.tsptalk.com/images/mb/2021/021921a.gif


Transports making new highs...

https://www.tsptalk.com/images/mb/2021/021921b.gif

Just don't lose the address. That's what scares me. "Where'd I put that paper wallet?" :)

The head and shoulders on the dollar chart is looking quite clean. Wednesday's gap was filled this morning, and I suspect a move down to 24.35 is next. Commodities are probably the place to be,...

The small caps, Russell 2000 and S-fund's DWCPF, are both flirting with their 20-day EMAs. Those have been holding for the most part since this latest rip near the election started. We'll see if...

Tesla is testing the 50-day EMA, and a descending support line. Could be a bull flag. 750 - 755 area could be a good buy spot for a bounce but if it falls below that, it could get ugly. Possible...