haha nice pic. One thing I noticed is that when the markets are down between 1-2% there is just an incredible amount of pushing and shoving in the market, the volatility is just all over the place, but when the markets are surging 1-2% they hardly experience any kind of quick up and down movements, its just a slow steady turtles pace to the close.
Lol you'll see tons of people say they were short right at the top yesterday neglecting to say they lost 90% of there accounts shorting the past 6 weeks.
Not only will IBM earnings out Monday set the tone for Tuesdayâs trade â but they could set the tone for the next 5 weeks. At least that's what a research note from Bespoke would suggest. As you may know IBM [IBM 137.19 -5.64 (-3.95%) ] reported after the bell - but what you might not know is that IBM's one-day post earnings direction is same as S&Pâs direction over next 5 weeks 80% of the time, according to Bespoke. In other words if we see a gain in IBM on Tuesday we should see a gain in the S&P 500 over the next 5 weeks, explains host Melissa Lee.