Don't forget, they will juice it up to the HIGHS OF THE SESSSION..at lunch time..... Sit tight it will rise into the lunch hour ES 2105.00 now
5 straight up days so far. Momentum building...again just another boring day. Zero volatility ......aside from that keep notice of IYT....its not following today's move higher.
Yellen getting grilled on Capitol hill. I love it.....its funny to see them get grilled but guess what....nothing ever changes...its like a bunch of kids going back and forth. It's all show and zero action. Bubble ben bernanke got grilled and nothing changed. He left and is making millions doing his lame speeches....now we have yellen and she hasn't a fucking clue what she is doing. She is cluefuckingless.....once the next big downfall and collapse comes to wallstreet they will have her back on the stand for more Q&A that once again will go absolutely no where....
And to think all that government intervention and all that distortion ...yea that means definite new highs So they believe ....its all a game...only way to keep their gdp up is to build ghost cities and ghost malls and ghost everything .....and they need their markets higher in order to create that 7% gdp figure....and I guess 150% gain in a single year isn't enough....they need more
Intel and netflix announce after the close... Intel looking for about .50 EPS and about $13.2 billion in revenue .....
Yep. Intel and netflix surging after hours....always Under promise and over deliver ...rinse and repeat..... That's how these companies beat quarter over quarter over quarter..... Intel did 55 cents ...analysts were looking for 50 cents....netflix did 6 cents analysts were looking for 4 cents..... Why weren't analysts looking for 68 cents on Intel and 12 cents on Netflix. It seems every company always always beats their EPS number....watch every earnings report going forward.
We have a bearish daily candle....You know what that means...midnight rally tonight...got to void that candle.