The S&P has topped
- Thread starter volente_00
- Start date
Buy1sell2's market stop got trigger on his 1000 lot
I can't move a dang thing. Not above, not below.
It's hard not to sound shallow, trading around a news event in which people have died in brutal fashion -- in response to other people dying in brutal fashion.
But the fact is, it's time to divorce from the humanity of it all, read it for a market event, and go to work. And the "work" part of this ..... jus' ain't happenin'. Sheeesh.
Peace out, y'all.
Hug somebody.
Make some money.
Buy1sell2's market stop got trigger on his 1000 lot
that one lot wonder lived dangerously
There is definitely something odd with the tape as of late.
The Bond/equity ratio is also pointing out that we may have topped.
If we look at macro, you can see usd/jpy continuing its decline, gold bouncing off its lows from December 2016, and also just recently the Nikkei made a new low(that hammered out the last 2 days)...so while there were buyers that came to rescue before the close......we still did make a new lower low on it.
That being said, I'm still not fully convinced we have topped. I think it may or so be the case that these few factors are on other trader's concern and thus price action as of late has been showing that.
The Bond/equity ratio is also pointing out that we may have topped.
If we look at macro, you can see usd/jpy continuing its decline, gold bouncing off its lows from December 2016, and also just recently the Nikkei made a new low(that hammered out the last 2 days)...so while there were buyers that came to rescue before the close......we still did make a new lower low on it.
That being said, I'm still not fully convinced we have topped. I think it may or so be the case that these few factors are on other trader's concern and thus price action as of late has been showing that.
Whats this ....
Morgan Stanley says huge 30% stock surge could be ahead; Like 1999, 'cannot afford to miss it'
http://www.cnbc.com/2017/04/10/morgan-stanleys-new-strategist-says-2017-could-be-like-1999.html
Morgan Stanley says huge 30% stock surge could be ahead; Like 1999, 'cannot afford to miss it'
http://www.cnbc.com/2017/04/10/morgan-stanleys-new-strategist-says-2017-could-be-like-1999.html
Sounds like a pump job to get more shorts put on
Buyers need sellers and sellers need buyers.