ES Journal - 2023/2024

Well, we fell 35 points last night after META reported its earnings. Did ya gasp back then as well? Frankly, this is what normally happens in a bear market, although this ain't exactly a bear market. We all become pussies in a bear market and overreact to everything, negative or positive. :sneaky:

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Not gasping anything, just saying the phenomenon is market drop much faster than it goes up. Not everyday you see 40pt upmove without any stall like here.
 
treasury borrowing for the second quarter is more than anticipated, 20% more.

Thanks.

Hmm, I can understand this might be a bad news for the bonds, but why's it bad for the equities? When did we ever selloff due to treasury borrowing more? Shouldn't it be the other way around? Anyways, 10 year bond is holding up pretty well.

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we've been under the 200 on the daily...
looking to see if we get back up to the last HVN around 5200 and if that resists or supports. I'll be targeting either 4920 LVN area or 5265 areas.
 
Thanks.

Hmm, I can understand this might be a bad news for the bonds, but why's it bad for the equities? When did we ever selloff due to treasury borrowing more? Shouldn't it be the other way around? Anyways, 10 year bond is holding up pretty well.

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See, I told ya it was all for not'n. Never have I heard of stocks being sold off because of more loans were taken out. NEVER!

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