don't worry, if tesla drops 10%, they've got someone on the bench to take up the slack...AAPL subbed in today...
I'm running through the DOW30 stock charts, looking like quite a few might be shorter term sells. They could keep on chugging along, but idk. Several are hitting the upper bband on my charts and just look like they might pullback a bit. I have $0 on any of these, just simply trying something new evaluating them. And I haven't gone through all of the DOW, just a big chunk. Some of these I think could very well continue moving right up though. MSFT I wouldn't touch with earnings coming up and NKE has been crushing it.
We are all here to make money, it's an interesting read, unless you are a caveman that doesn't see a finer print. Have you read the other article I posted about this being one the biggest short squeezes in history? That doesn't sound bullish long term. I look at longer term charts and they point to a decline. Ok, the printing press, as you call them, may continue, but what guarantees do you have that would result in much bigger inflation figures and by doing so keeping equity markets from falling? Have you watched the video I posted? I listen to people that understands what's going on and then look at long term charts and I don't see upside potential. As it stands I remain convinced that new lows before new highs and that is my wager. Whether it's going to happen by December or later I am not too concerned.
few more Dow stocks AXP Amex financials getting killed lately...Sell AAPL This one will hold up the Dow BA Boeing could go either way CAT is a strong sell CSCO Could go either way DD Dupont...I think with general industry is a sell HD Will hold up the Dow IBM Strong sell All the financials look like they could fall at any minute All the oil stocks look like they could fall at any minute All the Pharma and Biotech already falling MCD and Coke are junk food that has long gone out of style Apple is the one to worry about holding everything up
That's TA for ya, one sees a bull another a bear, hence all the bloody debates whether it works or doesn't.