OPENED AT $289 // NOW $293 PREVIOUS CLOSE $288. Invesco QQQ Trust (QQQ) Is 290 a sig number Van. Trend line?
What's going on here? About the RV Industry Getting Clobbered Started by SeekingZinni Apr 23, 2022 Replies: 50 Views: 4,185 vanzandt<----------------------- Did you set them straight! RV's still retro, still aluminum just not driven parked in back yards.- Friday at 7:43 PM
OUT ZIM! ZIM Integrated Shipping Services Ltd. (ZIM) NYSE - Nasdaq Real Time Price. 70.15+5.46 (+8.43%)<------------- As of 02:24PM EDT.
WTF Yahoo is worthless. Signs are piling up that the housing market is cooling down They ran a piece this am saying the exact opposite.
Charts point to near-term bounce taking S&P 500 to 4,100, Nasdaq 100 to 13,000 A reversal pattern has formed that should lead to a nice rebound, according to technical analysis from Saxo Bank. But the overall trend is still down, analyst Kim Cramer Larsson wrote in a note Monday. "Friday S&P 500 (SP500) (NYSEARCA:SPY) reached and tested 3,815 support," Larsson said. "Trading session ended on a strong note forming a Hammer candle (occurs in a down trend where lower shadow - or wick - is 2-3 times the height of the body with no or little upper shadow) which is bottom and reversal indicator." "With divergence on RSI a rebound is likely that could take S&P 500 towards 4,100 before selling pressure is likely to resume," he added. "Nasdaq 100 (NDX) (NASDAQ:QQQ) (is) staying within the steep falling channel," he said. "However, divergence on RSI indicates we could see a rebound towards 13K which is the 0.382 Fibonacci retracement of the falling channel. Nasdaq is likely to be rejected at or below 13K and selling pressure to resume." "Despite the bearish moves in Equities VIX (VIX) is still only slightly elevated showing a slightly rising trend," Larsson said. "If VIX closes above 37.50 we are entering big fear levels." BTIG technical strategist Jonathan Krinsky said the S&P clearly has some trendline support "and with the exception of April, the final week of the month has been decent this year (re-balancing effect?)." "While a counter-trend rally is well overdue and makes sense here, we don’t think we have seen the final low," Krinsky said.
We need housing to cool down quite a bit. Powell and Co. will be looking at those figures hard between now and the June meeting. I think it is in fact cooling off some. Make no mistake, the prices aren't dropping, that may take some time, but I think they've peaked. Across the board. That will make the market head up. Big Pete might get his 4200 yet. Fuel prices need to at least flatten out though. If you see unleaded above $7 as a national average, you can bet Q2 comps in many sectors will look ugly. I'm glad you're out of Zoom. Of course now it'll go to $130 tonight.
Van let me know if you want to take another crack AT IT TOMORROW. I usually start my research right after the close. I would love a day or two off!