Point of order. The fastest animal on earth is the peregrine falcon.
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Point of order. The fastest animal on earth is the peregrine falcon.
How fast can a peregrine falcon run? Probably not as fast as a cheetah.
How fast can a peregrine falcon fly? Probably not as fast as a commercial jet.
Order restored
How fast can a peregrine falcon run? Probably not as fast as a cheetah.
How fast can a peregrine falcon fly? Probably not as fast as a commercial jet.
Order restored
How fast can a cheetah fly? Not as fast as a peregrine falcon. How fast can an airplane run? Not as fast as a cheetah.
It's just my OCD, man. The fastest "thing on earth" cannot be both a cheetah and an airplane, because one runs on land and one runs on sky. You have to separate them into categories. I get the trading punchline... Nothing compares to when I enter my position and it moves against me at C+1.
Sorry, I let my OCD/Aspergers whatever the hell I have get in the way. Carry-on. Apologies.
@Laissez Faire SPX/SPY/ES made a 7-day low and unless something changes quickly it will be the lowest close of the last seven days.
What do your stats have to say about that?
What do your stats have to say about that?
The rally thesis needs a close above yesterday's high to put it back on track for $400 to $411. I see the emini is back to yesterday's high at this moment. This week is an outside week. An outside down week that closes back inside the range of the previous week would be much more constructive than an outside down week that closes below the low of the previous week. I'll update the weekly chart after today's close is in the record books. Watch yesterday's high and last week's low and today's close. In other words, look to today's close relative to those data points.
I think this is the new reality. You have to build your own baskets and get back to individual stock picking because getting great returns from SPY is the QE world and that is not going to work in the QT world.
The dispersion of returns in the QT world is going to be far more between the winners and the duds compared to everything floating up in the QE world.
This decade belongs to traders and stock pickers now. The passive index investors will convert like halfway into the next bull market.
The dispersion of returns in the QT world is going to be far more between the winners and the duds compared to everything floating up in the QE world.
This decade belongs to traders and stock pickers now. The passive index investors will convert like halfway into the next bull market.
Almost +$4.00 at the close today. Looking for that $93.65 to fill. Crude has to make a 1 to 2 penny stop run to get it.