Looks like Uncle T coming to the rescue again with more stimulus.
There will be multiple 50 pts movement in either direction. Just look at PA on support.
SPX at 2700 or so is 20% correction. That's pricing in a recession without hard numbers and based on fear. I will look to buy and play this dip....
Buy equiities...you know, new stimulus. Haha.
Need the Fed to start buying in the AM.
Dang, perfect timing with this oil war. Let's just pull everyone into a global recession. Genius!
150k volume and 5% take down. Hmmm.
I already experienced this first hand in WA last week. Yesterday the markets are all stocked up on food again.
It's not truly predicting the economy and use it for trading. It is making sense of the market as it relates to the economy. If the market is...
Other countries had 1 month in advance to plan for the CV. It's pathetic how we ignore the warning signs and only jump when the waters hit our feet.
Everything at this point is based on many unknowns to baseline assumptions. The closest hard data is from China with 100k cases. Are people...
Ok, let's analyze one factor at a time. You are assuming negative growth for all of 2020 as the best case scenario? This is more like the worst...
At a minimum, the good news is that we got 50bps lower from the Fed. Market is expecting 25bps more in March meeting and another 25bps in April....
I am not following the math. How did you come up with best case scenario as the market adjusting 15-20%?
How do you think we got here from the high in a week? This card was played a few many times already. Nobody knows the actual effect on the...
Dozu, I like this thread you started. Keep give daily analysis, if possible. I want to compare yours to mine to see if there's something I am...
Who cares if it goes up or down. Just trade PA. Although, trade with a bias for up or down; if PA looks strange, then, re-assess.
Almost entire day ATR in last 30 mins. I think I called the bullshit shakedown the whole day today.
Dang, 1 long wicked candle. Wash for the day? Stay tuned.
Sweet, buy buy buy! Unless bad news during weekend, going long next week.
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