This Seasoned Bull Is Still Hornier Than Larry King Overleveraged On Viagra

SPY Next Week

  • Bullish

    Votes: 17 38.6%
  • Flat

    Votes: 7 15.9%
  • Bearish

    Votes: 15 34.1%
  • I prefer not to tell

    Votes: 5 11.4%

  • Total voters
    44
Quote from shortie:

Bear need the best ever report from AAPL followed by a giant sell-off. There have been plenty of good reports but no sell-offs.

today's reaction to earnings has something for everybody, but i would say Bears have a stronger case. AAPL reported and last night it looked like it was all over for the bears. but today only QQQQ was positive and even it failed to take out the last week high.

i still see the news flooded with optimistic business headlines, but it is about to change. i am guessing we will start to see a ton of negative headlines the moment this market starts rolling down. THEY will try to put as much fear and doubt as THEY can into little guy's head before THEY load up on stocks again 5-10% lower.

BTW AH is red:
E-mini S&P 500 (Dollar) Jun 10 1197.25 -3.25
E-mini NASDAQ-100 Jun 10 2019.50 -6
 
Quote from shortie:

today's reaction to earnings has something for everybody, but i would say Bears have a stronger case. AAPL reported and last night it looked like it was all over for the bears. but today only QQQQ was positive and even it failed to take out the last week high.

The reaction to news and events is what matters. Blowout earnings and a sell-off tells it all.

Suck the money in then sell em'

And I agree we pause then rally again but this may take awhile. You just gotta follow the big money.
 
Quote from Lojanica:

Ummm..... I forgot.....

Oh yeah something about meat packing plant...

LOL!

Lookin' good, mate. Especially after Greek 3yr spread now at 11.6% haha! And they found Portugal to be lying as well. Lots' o fun!
 
Quote from Ivanovich:

Hope you bought the dip! Here comes the grind back up on no volume! Algos save the day!

We are the only 2 bulls here -- amazing giving the rise we had. Shows that most people are on the sidelines and it is the free money the govt is throwing propping it up. Can you imagine when retail comes back?
 
Quote from Ivanovich:

Hope you bought the dip! Here comes the grind back up on no volume! Algos save the day!

I do not think this will be easy today, but let us see...
 
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