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This is a very mixed-signal day (for me). Couple small scalps, but nothing to commit to a solid trade. Comp breaking new HOD and continuing towards upper channel line while DOW and Trans hang near their mid or 2/3 range areas. Should have went skiing. :(

Gonna tempt the "peel your face short squeeze"? You are one brave amigo.

Nice trades LP.

naz and trans maintaining the fight. AAPL staying above water as well. If naz joins, we could see another 5-8 points.

Good conditions to scale the trade.

indu breaking support, trans hanging on the lower tl. 4 more points for spx gap fill. looking to get long vic the gap fill

Nice...... :cool:

okee dokee then. Thanks for posting your charts...I enjoy comparing our lines.

Spectre........ But there HAVE to be purchases or sells of the SP500 individual stocks. Who's wagging who? The FED has set up a scenario where the only _perceived) way to make gains is the stock market whether through dividend or growth. This is the expected result. I do not dismiss...

Mojitos all around. :cool:

What footprints are you using to determine who "this" might be? Any tracks leading to a culprit?

Out at 1502. I think there is a sub 1495 coming, but have to leave the desk.

Gold breaking (up) from it's down-sloping trendline channel. Interesting effects.....

Financials and NAZ gonna be the heartbreakers today?

Add at 1508.25. Pissing into a head wind. Feels like a warm rain.

Looks like it will hold.

pivot gonna hold? short at 03.50, tgt below 1500, stop vic 10

This is a prevalent thought process for mid to long term investment strategies as of the last couple months. I can see no logical reason they would fail other than true black swan events. Pile into them longs with reckless abandon and a 4-5% div is icing. That is the flow.

Looking for a 1502-1500.50 print for this small position short. Looking for the fail.

Nicely done. Corned beef for lunch?