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  1. Altavest_Erik

    ‘Godfather’ of chart analysis says damage done to the stock market is ‘much, much worse’

    He speaks like anyone who is regulated, with a lot of caveats. From a few weeks back, to now, he is being consistent though. His major theme seems to be that we're still in the midst of a pullback, until Q1 2019, and then the longer term bull will resume. We shall see.
  2. Altavest_Erik

    Wages and salaries jump by 3.1%, highest level in a decade

    Isn't the CPI about 2.4% right now?
  3. Altavest_Erik

    ‘Godfather’ of chart analysis says damage done to the stock market is ‘much, much worse’

    “I’ve been a bull for a long, long time and like everyone, I was waiting for a correction but this is something different,” said Acampora, who many chartists refer to as the “godfather” of technical analysis. “All the leadership is getting crushed,” he said. Acampora said he believed that the...
  4. Altavest_Erik

    Wages and salaries jump by 3.1%, highest level in a decade

    https://www.cnbc.com/2018/10/31/wages-and-salaries-jump-by-3point1percent-highest-level-in-a-decade.html
  5. Altavest_Erik

    Live Demonstration Nov 1 -- Automated Algo Systems Trading

    In a recent Tweet, Liz Ann Sonders, Chief Investment Strategist at Charles Schwab said, "Algo trading activity is dominating the US equity markets and is rising elsewhere." Register Here In this live trading demonstration during market hours, you will discover how easy it is to have...
  6. Altavest_Erik

    Trump Quotes Wren of WF..."...head back to 2,800 to 2,900 on SP"...

    “If the Fed backs off and starts talking a little more Dovish, I think we’re going to be right back to our 2,800 to 2,900 target range that we’ve had for the S&P 500.” Scott Wren, Wells Fargo...
  7. Altavest_Erik

    Agrees with Trump: “You Ain’t Seen Nothing Yet” – “We’re Going to See a BIG, BIG Rally” (AUDIO)

    "Earnings are really good from companies. They’re doing really well. I think that stocks are under priced right now. We’re going to see a big, big rally as this economic expansion continues. There’s an old saying, buy low sell high. We need to buy….Now’s a good time to be buying."...
  8. Altavest_Erik

    Charles Payne: Fed Chairman Jerome Powell Crushed The Market...

    Payne: Two things again that move markets sentiment and fundamentals. The sentiment I think the Fed ruined it. I think Powell crushed this market on October 3rd. Powell crushed this market. Look at October 3rd and look what’s happened since then...
  9. Altavest_Erik

    Live Algo Trading and Automated Systems Demo - Online Workshop

    In a recent Tweet, Liz Ann Sonders, Chief Investment Strategist at Charles Schwab said, "Algo trading activity is dominating the US equity markets and is rising elsewhere." In this live trading demonstration during market hours, you will discover how easy it is to have professionally developed...
  10. Altavest_Erik

    Options Spread Automater -- Online Workshop

    How You Can Systematically Trade Credit Spreads (and debit spreads too) And Manage Risk/Reward In Minutes Per Day Live Online Workshop and Demonstration on Monday, October 29 @ 1:00 PM EST. Register Here (A link to the recorded workshop will be emailed to all registrants)
  11. Altavest_Erik

    Cooperman -- "So the condition that normally lead to a big decline are simply not present."

    Since Cooperman formed Omega in 1991, he has beaten the SP by about 3% each year. Average annual returns were 14.6 percent net of fees versus the S&P 500’s 9.3 percent between January 1992 through June 2014. Res ipsa loquitur.
  12. Altavest_Erik

    CNN Fear & Greed Index...

    ...as of October 25 at 4:00 pm EST
  13. Altavest_Erik

    Cooperman -- "So the condition that normally lead to a big decline are simply not present."

    The pricing structure in the market allows for a rise in rates. The condition that normally lead to a big decline... What are they? Recession. OK. There’s no signs of recession the economy if anything is too strong the economy is on fire. I was at a board meeting two weeks ago and the head of...
  14. Altavest_Erik

    Dollar Index could be a problem for stocks today?

    Dollar Index could be a problem for stocks today?
  15. Altavest_Erik

    Stock Market Faces Unlimited Downside Risk...

    He said "the 2015 top", as there is a top in each year.
  16. Altavest_Erik

    Stock Market Faces Unlimited Downside Risk...

    https://www.marketwatch.com/story/the-stock-market-faces-unlimited-downside-risk-warns-veteran-trader-2018-10-23
  17. Altavest_Erik

    Foreign Buying of U.S. Treasurys Softens, Unsettling Financial Markets

    Overseas investors, traders and central bankers are buying fewer Treasurys, a potential turning point for a $15 trillion market at the center of global finance and economics. Foreigners increased their holdings of Treasurys by $78 billion in the first eight months of 2018. That is just over...
  18. Altavest_Erik

    MACD on a monthly basis just crossed over at a higher level than 2008 and 2001.

    MACD on a monthly basis just crossed over at a higher level than 2008 and 2001.
  19. Altavest_Erik

    Market sell-off could get 'significantly worse' this week — and it echoes 1987 crash, strategist say

    BNY Mellon’s chief currency strategist said the current sell-off echoes 1987 market crash, speaking to CNBC Tuesday. Market activity could get much worse over the next week, and a no-deal Brexit could contribute to a risk off environment, he claimed. Higher Treasury yields have unnerved...
  20. Altavest_Erik

    ‘Bonds are the bubble, not stocks,’ says billionaire investor Cooperman

    Since Cooperman formed Omega in 1991, he has beaten the SP by about 3% each year. He's definitely out of his mind.
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