If you look at MACD on a daily chart for the last three years. During this month we made a very low reading -3. Sometimes this signals lower lows may come. But if we make a higher high it's null and void. When I look at seasonal s it leads me to believe we make a higher high. Im not a complete slobbering bull. But im bullish for now. http://stockcharts.com/h-sc/ui
Bears back in hibernation ... Shortest correction in history...about 8 days? 9 days? Anyway this guy says bears are back in hibernation ...means fresh highs coming either tomorrow morning or Monday the latest. No more 8 day dips till 2019. http://www.cnbc.com/id/102138778
Congrats to all longs, free money once again. So easy! To all the detractors claiming you have to 'trade'.. no you don't! You just buy the dips like a braindead monkey and it works each and every time. Rinse and repeat. Trading is so 1990s.
OK, you know the drill, since last night the futures rallied then dipped. Tonight we rally up slow and steady. By 2am cst we will be up near 17190 on the Dow. My sell order for 15 is placed at 17190. Yawnnnn stretch, go to work magic futures.
I also read that on average markets have their best 6 months from November to April rising 7%....so there is zero risk from now until April 2015....buy any .05 to .38 dip tomorrow new highs on Dow...s&p breaks 2000. And to think just October 15 no one wanted to buy stocks...now stocks are up over 10-30% and everyone wants in. I pulled up some 5 year charts and its literally amazing to see how high stocks have gone. One recently was DPZ ...under $8 in 2009 today approaching $90. That's over a 1000% return in just 5 years Makes you think what are the chances seeing that same exact return over the next 5 years, could DPZ trade as high as $900 a share with a market cap of $10 billion +
S&P FUT1990.25 1.75 +0.09% DOW FUT17128.00 14.00 +0.08% NAS FUT4098.50 9.00 +0.22%OIL80.97 -0.15 -0.18% More Markets 09:22:53 PM ET NASDAQ futures starting the uptrend tonite....