Market Outlook

[GrandSupercycle]

Quote from GrandSupercycle:

DOW/SP500/EURUSD weakness and USD strength continues.
More equity downside expected. Last futs 11,995

Prepare for the next Black Swan CRASH which will be "unexpected and could never have been predicted"
http://stockmarket618.wordpress.com

[Warning: Nine_Ender is an unbalanced internet stalker who requires professional help]

 

[shortie]

Quote from noddyboy:

Precisely. The time to sell was May 1st...The time to buy is Q3.

do you mean QE3?

 

[S2007S]

WOW whats happening, all of the sudden everything became a buying opportunity. hahahaha


Gotta love it.....

 

[S2007S]

Has anyone noticed the push and pull and how extremely volatile the market is when its down over 1%, but when its up over 1% it tends to trade up and basically just sit there the entire day. I have noticed over and over again.

Seems when its selling off you can actually feel the fight to turn it around and push it positive, but when its in rally mode it tends to just sit there and trade quietly.

Remember this day and remember the next 200+ point rally day!


The volatility today is just incredible.

 

[noddyboy]

Quote from S2007S:

Has anyone noticed the push and pull and how extremely volatile the market is when its down over 1%, but when its up over 1% it tends to trade up and basically just sit there the entire day. I have noticed over and over again.

Seems when its selling off you can actually feel the fight to turn it around and push it positive, but when its in rally mode it tends to just sit there and trade quietly.

Remember this day and remember the next 200+ point rally day!


The volatility today is just incredible.

Therefore buy when markets are down AND when markets are up.

 

[S2007S]

Tomorrow is a given that the markets rally, who knows how much or how high, but the markets will open in the green and most likely 90%+ close in the green as well. Since the market closed the day near its highs they will continue the rally into tomorrow and close it higher. Buy before the open or just buy tonight after hours so you can be good and ready to go tomorrow morning!

 

[iceman1]

from what I saw the futures sold off at the close...

however I am net long on NDX - went long today when market gapped lower.

 

[S2007S]

Quote from iceman1:

from what I saw the futures sold off at the close...

however I am net long on NDX - went long today when market gapped lower.

Yea I went long UWM as well, just about 30 mins into the open, holding it into the close of tomorrow and maybe the weekend, I feel if there is a strong close tomorrow the momentum could carry into Monday!

 

[hajimow]

There is a high chance that market rallies 2% on Friday.

 

[S2007S]

Quote from hajimow:

There is a high chance that market rallies 2% on Friday.

I would like to agree with a 2% rally after seeing the market nearly erase all of its losses today, but Im going with a definite close call to 1295-1298 on the SPX tomorrow, if it breaks 1300 tomorrow a couple of hours after the open then you will get a solid 2% rally by the close, but if it fails at 1300 then it will be close just shy of it!

S&P FUT
1283.50 6.50 +0.51%
DOW FUT
12021.00 45.00 +0.38%
NAS FUT
2250.25 12.75 +0.57%