Intra-day A ups being made early. SPY. Still, this market has a weird feeling to me, (what do I know?). I'm just very hesitant for some reason. Just an observation on where my head's at.
XLB is now 9, XLF fell to an 8 on the 30 day line. XLV, (former champ) is now a 2.
Important information to hear. Much appreciated, unfortunately for those of us just starting out, not the best news. The only thing that "helps" out us newbies, (besides Mav's generosity) is that we don't know how much easier it was "before."
So maybe it says something if you're just...
Just hoping we get SOME type of significant pull back next week. I'm dying watching this tape being as minimally involved as I am. I know, high quality problem, but still...
S&P, XLV, XLI, as well as individual names, F, GM? XLB looks like failed A down headed for A up. CSCO maybe?
I'm probably being too predictive, and I know I shouldn't be, but the A downs that I saw don't have a lot of follow through.
... and we're close to a ton of the Monthlies, telling me we probably aren't confirming today...
Do you think this puts a failed monthly A up in play Mav?
Yeah... weird right? Wouldn't you at least expect the yields on t-notes to start heading up? Is this purely cash flowing into the market at the beginning of the year?
Bond folks buying bonds, stock folks buying stocks, gold people buying gold, and everyone's waiting for the signal to move...