How many people took advantage of what the market showed us yesterday to make some money today? 🤔 ================================================ DJIA yesterday $^DJI conversation FWIW, here are the DJIA stocks that were under accumulation today: CAT, CSCO, GS, IBM, INTC, PG, TRV, UNH and WMT. Since we didn't get our usual late day fade, day traders must have felt comfortable holding their positions over night for more pop in the morning. Of the companies reporting earnings today, all but one reporting earnings beats over estimates and last year. Another slew of reports coming in tomorrow, probably not with the same results, but it's hard to imagine a sell off with numbers coming in like they are.
Oh look, the one stock that was under distribution yesterday was down today and the four that were under accumulation yesterday were up nicely today. Trading is fun when you just follow the money trail. LOL
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ DJIA 23 hours ago $^DJI conversation Interesting that on a down day that only one DJIA was under distribution, meaning lower lows and lower highs on increased volume, which was V. On the other hand, four DJIA were under accumulation which were, CVX, HON, MCD and WBA. The fact that the bears couldn't reclaim all of Friday's gains is another bullish sign that we are near a short-term bottom going into earnings season. I certainly wouldn't want to be short right now.
Update, everybody is doing fine. LOL +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ DJIA 17 hours ago $^DJI conversation Interesting that on a down day that only one DJIA was under distribution, meaning lower lows and lower highs on increased volume, which was V. On the other hand, four DJIA were under accumulation which were, CVX, HON, MCD and WBA. The fact that the bears couldn't reclaim all of Friday's gains is another bullish sign that we are near a short-term bottom going into earnings season. I certainly wouldn't want to be short right now.
No sir, we were not. LOL +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ JP 9 days ago $^DJI conversation Are we looking a 1000 points down today?
$FCEL $PLUG are all under alternative energy group that is often affected by oil price, Sleepy B is lobbying OPEC to keep it low. Media won’t cover this and just talk about $^DJI all day.
I hope that everyone has read Chapter 1 & 2 from the book "The Intelligent Investor" on Investment vs. Speculation & Inflation. You will understand where the market currently is and what will happen in the near future with increasing inflation and eventual increase in interest rates.
Hey guys, just wondering how much you guys are up YTD or since the market crashed in late Feb. Just curious. If you're not comfortable listing a % gain/loss, you can simply note you're at a loss or a gain since (x date). We're all here to make money, so I hope you all are.
If you're new to the stock market, welcome! The sooner you learn the market cycle, the sooner you'll accept the emotional roller coaster you'll be going on. Contrary to recent popular euphoric myth, pandemics, recessions and depressions of -60% to -90% or more drops in the stock market are not strange anomalies restricted to the past only.
I hear analysts point out that even with today's move we are still not in "correction territory." Correction being a drop of 10% or more from the recent/all time highs. They'll point out the $^DJI is only less than 8.5% off its highs, no need to worry! Well it depends how you calculate the all-time highs. Based on my calculations the Dow is down more than 11.5% from highs so we are well in the correction mode. My method is take the highs of each stock no matter when it occurred and calculate the index price, not just the index as one stock. My approach is bottom-up, not top-down. Which I think, mine, is a more accurate formula.
I'm not sure what all the euphoria is all about with dead cat bounces, aka 50% retracements, technical bounces etc. By the very nature of how the stock market works, with sell offs, followed by bounces, and then more selling. This has happened long before computers and algos. Trend is more important than daily fluctuations. The fact is that shops and companies will continue to be decimated by this virus because people will be afraid to catch it and infect their family members. People won't go to the store or shop unless they have to. They won't eat out, won't buy/sell, won't go anywhere with a lot of people. This will go on for months. It's not going to magically turn around next week. China's economy WILL be affected. Layoffs WILL occur, and an extreme dip in GDP or even a recession can follow, along with the global economies and the U.S. Low manufacturing in China will lead to inflation in the U.S. where consumption is still strong. Simply supply and demand. That'll lead to Feds raising rates to combat inflation.
Per the WSJ:
"Ironically, given the name Spanish Flu, Spain performed better than average. Per capita GDP rose during the epidemic, though real consumer spending per person fell in 1920-21.
The years between 1918 and 1920 or 1921 also featured sharp declines in stock prices in many countries. We have data on real rates of return on stocks in these years for 18 of the 36 countries in our sample. Among these 18, 11 had stock-market crashes, defined as a cumulated real rate of return of minus 25% or worse. The weakest markets for this period include Italy at minus 69%; Denmark, minus 57%; Switzerland, minus 54%; Japan, minus 52%; and France and Spain, both minus 46%. Germany saw a rate of return of minus 78%, but this reflected in part the reparations payments imposed by the Versailles Treaty at the end of World War I. The U.S. stock market performed better than average, but the real return in 1920 was still a dismal minus 22%."
OK OK, the S&P broke support today. It started off good, but I think Dr. Fauci's testimony about reopening too early causing more death and destruction spooked the market. Sold all longs a few mins ago and went to $TVIX and some $SQQQ. After all, the market only went up on hope/hype of a reopening.
If you were smart, you would have moved 401K out for any trapped bag holders and sold your long positions. Next week the real blood bath begins. Manipulator always try to keep the market in a controlled free fall by pushing it up on Fridays so the weekly numbers look good and so they can short for the following week.
The Dow Jones for the past 100+ years. The first yellow highlight was during the 1918 Flu Pandemic. You then had the Roaring 20s where stocks went a straight unsustainable up, setting up for a massive stock market crash, thus triggering the Great Depression.
You can see we are due for a big correction. We'll either approach the lows after the dot com bubble crash and recover there, or it'll head straight down to meet the trendline from half a century ago.
Debt bubbles & zero interest rates are the only things propping up the market. The EU has a bunch of zombie companies that only survives from more debt.
A drop to the 1987 flash crash level would be about a 93% drop. Seems unlikely, but the Great Recession dropped stocks about 56%, and in the Great Depression it dropped more than 90%, so that would be right on par with a Great Depression level drop. It all depends on COVID-19.
That's why it's important that you research this SARS-COV-2 virus and really understand the SCIENCE (not fake Media pumping, hyping, or lying, but real science) of what sets it apart from MERS and SARS and the flu/common cold. Hint: It's infectious as hell and kills a shiz ton of people. Unlike the 1918 Flu Pandemic where it could kill you within a few hours or days (from you drowning in fluids), it takes about 30 days to kill you, ensuring you continue to infect other people throughout that time.
The ignorance of "it's just the flu", "the flu is worse", "it's just the common cold" will ensure that misinformation GUARANTEES people continue to spread this virus and cause more deaths, doing the very thing you hope it doesn't do. Only facts and science matters.
Pray it does not mutate or come in waves like past pandemics where the secondary and tertiary waves are A LOT more deadly than the first one.
7% of 4 billion people = 280 MILLION people dead. This number is more than all the wars of the 20th AND 21st centuries AND all the seasonal flu and common cold deaths, COMBINED.
California Gov. Gavin Newsom ordered Monday all counties in the state to close indoor operations for a handful of businesses, including restaurants, bars, movie theaters and museums, as Covid-19 cases continue to climb.
California Gov. Gavin Newsom ordered Monday all counties in the state to close indoor operations for a handful of businesses, including restaurants, bars, movie theaters and museums, as Covid-19 cases continue to climb.
"Powell likely going to have to raise interest rates."
Yes. As inflation increases, the way to curb it is through raising interest rates. The fed originally stated that rates weren't going to rise until at least 2022. However, it seems that we may see a rate increase sooner than expected.
If economy is still heating up and stock is booming again, the Fed has no reason to hold off rate increase, they will keep raising interest rate in 2019. Remember the NY Fed says they are willing to consider keeping interest rate the same IF market data shows we are slowing. So if stocks is soaring, then there will be more interest rate increases in 2019. Understand cause and consequences and invest carefully. $^GSPC $^DJI $^RUT
================================================
DJIA yesterday
$^DJI conversation
FWIW, here are the DJIA stocks that were under accumulation today: CAT, CSCO, GS, IBM, INTC, PG, TRV, UNH and WMT.
Since we didn't get our usual late day fade, day traders must have felt comfortable holding their positions over night for more pop in the morning.
Of the companies reporting earnings today, all but one reporting earnings beats over estimates and last year.
Another slew of reports coming in tomorrow, probably not with the same results, but it's hard to imagine a sell off with numbers coming in like they are.
++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
DJIA 23 hours ago
$^DJI conversation
Interesting that on a down day that only one DJIA was under distribution, meaning lower lows and lower highs on increased volume, which was V.
On the other hand, four DJIA were under accumulation which were, CVX, HON, MCD and WBA.
The fact that the bears couldn't reclaim all of Friday's gains is another bullish sign that we are near a short-term bottom going into earnings season. I certainly wouldn't want to be short right now.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
DJIA 17 hours ago
$^DJI conversation
Interesting that on a down day that only one DJIA was under distribution, meaning lower lows and lower highs on increased volume, which was V.
On the other hand, four DJIA were under accumulation which were, CVX, HON, MCD and WBA.
The fact that the bears couldn't reclaim all of Friday's gains is another bullish sign that we are near a short-term bottom going into earnings season. I certainly wouldn't want to be short right now.
+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
JP 9 days ago
$^DJI conversation
Are we looking a 1000 points down today?
$^GSPC
$^DJI
$^IXIC
$^RUT
$^FTSE
$^N225
$^CMC200
$^GSPC
$^DJI
$^IXIC
$^RUT
$^TNX
$^CMC200
$^FTSE
$^N225
$^GSPC
$^ICIX
$^DJI
$^RUT
https://photos.app.goo.gl/PzVLsu2afMbucPMd6
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
Per the WSJ:
"Ironically, given the name Spanish Flu, Spain performed better than average. Per capita GDP rose during the epidemic, though real consumer spending per person fell in 1920-21.
The years between 1918 and 1920 or 1921 also featured sharp declines in stock prices in many countries. We have data on real rates of return on stocks in these years for 18 of the 36 countries in our sample. Among these 18, 11 had stock-market crashes, defined as a cumulated real rate of return of minus 25% or worse. The weakest markets for this period include Italy at minus 69%; Denmark, minus 57%; Switzerland, minus 54%; Japan, minus 52%; and France and Spain, both minus 46%. Germany saw a rate of return of minus 78%, but this reflected in part the reparations payments imposed by the Versailles Treaty at the end of World War I. The U.S. stock market performed better than average, but the real return in 1920 was still a dismal minus 22%."
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$^GSPC
$^ICIX
$^DJI
$^RUT
$TVIX
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
$^GSPC
$^DJI
$^IXIC
$^RUT
$^TNX
$^CMC200
$^FTSE
$^N225
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
$TQQQ
$SQQQ
$UPRO
$SPXS
$SPXU
You can see we are due for a big correction. We'll either approach the lows after the dot com bubble crash and recover there, or it'll head straight down to meet the trendline from half a century ago.
Debt bubbles & zero interest rates are the only things propping up the market. The EU has a bunch of zombie companies that only survives from more debt.
A drop to the 1987 flash crash level would be about a 93% drop. Seems unlikely, but the Great Recession dropped stocks about 56%, and in the Great Depression it dropped more than 90%, so that would be right on par with a Great Depression level drop. It all depends on COVID-19.
That's why it's important that you research this SARS-COV-2 virus and really understand the SCIENCE (not fake Media pumping, hyping, or lying, but real science) of what sets it apart from MERS and SARS and the flu/common cold. Hint: It's infectious as hell and kills a shiz ton of people. Unlike the 1918 Flu Pandemic where it could kill you within a few hours or days (from you drowning in fluids), it takes about 30 days to kill you, ensuring you continue to infect other people throughout that time.
The ignorance of "it's just the flu", "the flu is worse", "it's just the common cold" will ensure that misinformation GUARANTEES people continue to spread this virus and cause more deaths, doing the very thing you hope it doesn't do. Only facts and science matters.
Pray it does not mutate or come in waves like past pandemics where the secondary and tertiary waves are A LOT more deadly than the first one.
7% of 4 billion people = 280 MILLION people dead. This number is more than all the wars of the 20th AND 21st centuries AND all the seasonal flu and common cold deaths, COMBINED.
https://photos.app.goo.gl/8QbAZeW66rvXW8wQ9
$^GSPC
$^ICIX
$^DJI
$YANG
$TVIX
$TSLA
All Airlines will return to pre COVID-19 levels in a record level...
#AAL #UAL #BA #LUV #JBLU #DAL #MESA #ALK #SKYW #HA #^DJI #^IXIC
https://www.cnbc.com/2020/07/13/california-to-close-indoor-restaurants-movie-theaters-and-bars-statewide-as-coronavirus-cases-rise.html
$^GSPC
$^ICIX
$^DJI
$^RUT
$TVIX
$UVXY
Yes. As inflation increases, the way to curb it is through raising interest rates. The fed originally stated that rates weren't going to rise until at least 2022. However, it seems that we may see a rate increase sooner than expected.
$^GSPC
$^DJI
$^IXIC
$^RUT
$^TNX
$^CMC200
$^FTSE
$^N225