A very powerful planetary alignment is about to begin⦠Saturn will square Pluto and the Moon and Venus will join Pluto in a septile arrangement. To add to this, the Sun septiles Saturn, too. So I'm neutral.
Cramer left himself enough leeway to spin his call as bullish. one can never be too careful in the business of forecasting.
Contrarian (bearish) signal if there ever were one.... You'll need an amazing final 30 minutues to get the S&P even close to 1200 today. I think you missed the parts about "news being priced in" and "buy the rumor, sell the news" in Trading 101.
There may be a catalyst for a post-election sell off with a Republican House victory. The Democrats have a lame duck session where they can pass virtually anything they want with no accountability. (Lame duck sessions is the reason why I oppose term limits for Congress.)
6 black filled candles on SPY in the last 3 weeks. this must be a sign of a major indecision. the market has essentially waited for 3 weeks for something big, maybe? but for what? for the major 3X news bang this week?
even with the overnight gains ES has not taken out the highs from 6 days ago. is the top in place? at the risk of being ridiculed by ET experts, i am bringing out the greedy long pig picture... SPY 119.40
I cant wait until tomorrow is over and this QE2 is pushed aside, this market continues to rally based off of more worthless stimulus for the economy, its extremely hilarious that this news thats months old continues to be the driver of this stock market rally. Bubble ben bernanke continues to fail and this new QE2 will fail the same way. Cant wait until QE3 and QE4 comes around, fun times are here again.
so many bears here on ET, hmm... Bullish 7 18.92% Flat 5 13.51% Bearish 20 54.05% I don't have an opinion on market direction 3 8.11% I prefer to keep my opinion to myself 2 5.41% Total: 37 votes 100%
EUR/USD at 1.4045. Time is 12:49PM on election day. Smart money seem to start to show up to buy dollars between here and 0.5% higher. Will stocks feel the effect if the king is back?