Wow that is actually an amazing chart! Trump trying to get markets up but i think BTFD is taking a breather ;(
Haaaaaaaaaa Anything to hype up the traders into thinking the bottom is in...10 years of gains followed my 3 weeks of losses and they rhith the bottom is in..... Wonder what they will say once that 20% drop and bear market comes rolling in... Wall Street strategist Tom Lee says rapid market sell-off is over: 'The bottom is here' Based on past market trends, Fundstrat's Tom Lee says "the bottom is here" and predicts equities will rally about 10 percent into year-end. Equities are at "unusually sold-off levels," Lee says, and he recommends allocating into sectors such as technology, which has struggled in October. "The message is to get aggressive and buy what was clobbered," Lee says. Kate Rooney | @Kr00ney Published 4 Hours Ago Updated 26 Mins Ago https://www.cnbc.com/2018/10/31/wal...apid-sell-off-is-over-the-bottom-is-here.html
And yet another article pointing to keep buying buying and buying... Despite sell-off, economy is in great shape and Dow still Marching towards 30,000,' money manager says The Dow Jones Industrial Average is heading to 30,000, says Neil Hennessy of Hennessy Funds. "There's no euphoria in this marketplace, and that's what would actually end the bull market," Hennessy says. Glenmede Trust Company CIO Jason Pride is setting up "for the next part of this ongoing bull market" by tilting portfolios toward "defensiveness" and "value." Tyler Clifford | @_TylerTheTyler_ https://www.cnbc.com/2018/10/30/dow-is-marching-towards-30000-analyst-says.html
Shorting more... In FAZ DRIP SDOW and TZA!!! All 1/4 to 1/2 positions....will add even more if apple earnings drive markets higher Friday! Let the fun begin
I am buying more into Apple earnings, Trump bragging about talking with Xi on twitter now. Wants a rally into election.
More hilarious articles from cnbc JP Morgan's chart expert says if the S&P 500 can stay above 2,700, the market comeback is for real Consistent S&P 500 closes above the 2,700 level could signal a sustained market rally, J.P. Morgan says. “After a couple failed attempts to rebound from a bullishly developing technical setup last week, this week's move tentatively has more staying power,” technical market strategist Jason Hunter says. J.P. Morgan strategist Marko Kolanovic also predicted a comeback and says a “short squeeze," as hedge funds and other active managers reposition, could undo October’s market damage. https://www.cnbc.com/2018/11/01/jp-...can-stay-above-2700-the-comeback-is-real.html Kate Rooney | @Kr00ney
Apple sinking hard after hours, no one saw that coming.......no worries wallstreet will find an excuse to keep the rally intact....can't drop the s&p back to 2600 or else the big old bear will come clawing back!!!