Gotta love ZERO RISK in the SP500 = $$$

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Trouble is there is never any follow thru selling. Plenty of bearish setup on daily weekly and monthly time frames over the past 2 years. No follow thru selling though.
 
great day to exit FANGS BTW

AMZN has a lot of air to the downside... FB may have peaked..

financials/ tech / energy will lead to the downside
 
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OTCkrak said:
the last major intraday reversal was in November when markets we're up +0.5% and went as low as -1.5% when that idiot from ABC falsely tweeted that Trump was communicating with Russia duijg campaign..

todays move is organic and smells of exhaustion.
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I can buy the organic part, but would like to see more volume for the exhaustion.
 
Rickshaw Man said:
Trouble is there is never any follow thru selling. Plenty of bearish setup on daily weekly and monthly time frames over the past 2 years. No follow thru selling though.
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That's been the greatest problem.....it would take alot to see a follow through here....Dow was up 5.5% in 2018 at it's intraday high this morning....that's an incredible feat for only 2 weeks of trading....and to think not one 3% correction in over a year.....even a 3% correction and the markets are stillllllll up for 2018, that's extremely impressive.
 
OTCkrak said:
great day to exit FANGS BTW

AMZN has a lot of air to the downside... FB may have peaked..

financials/ tech / energy will lead to the downside
More...



Amazon has added tens and tens and tens of billions in market cap in January....what warrants that? They keep raising price targets on Amazon...today they said Amazon will carry an $800 billion market cap this year!!!!!!
 
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