NQ heading for the final flush. These liquidators want to be flat for the weekend.
Flat 77.50 for +4. Reenter on a pullback.
I wish!! Distribution clearly continues among tech, holding the bulls at bay. Likely a retest of 71.
Come to Papa. Not sure the selling is over, but the buy programs clearly kicked in at ES 67.50 when the DOW balanced at 11745. ES could get...
Add 69
Yep Two words: Op Ex. Billions of dollars are on the line during op ex. The funds with the deepest pockets usually win.
We haven't had a day like this (big range with open high close low) since Nov, and that was amidst a 50 pt correction. And today was the highest...
We missed it by a point. I'll try harder next time.
L 78 T 95ish
2 have a much bigger impact on 30 than on 500.
The DOW is remaining extraordinarily resilient to this selloff. If the bulls that are holding up a few key components of the DOW capitulate, a...
Lookin for SPX 1277ish before continuation to the upside. Profit-taking is a 2-3 day process.
Startraitor and icfed. We were at 1254. icfed wins if we get to 1354 first, and vice versa.
A 10 pt pullback was convenient, and you could see the buying start before we hit 74.25. Everybody and their grandma was looking at that area...
A Dow component or sector is clearly weighing, i.e. being sold off. Nazzie made new highs. SnP was back up at yesterday's high. Dow barely got to...
Gov't default. And I'm not talking about the Feds. All across the country states, counties, and munis are literally bankrupt, and it's not...
Yep
It doesn't matter who the seller is, but they, and prop desks, money managers, et al, can move the market like that. It's just important to...
Hedge/mutual/pension liquidation. Selling off assets to make room for others, or get back in at a lower price. The market is going up, after all.
We may pullback, but not like yesterday. The NQ price action yesterday morning said it all. It was clearly having major troubles, aka fund...
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