We’re heading into the fifth day since the system flagged oversold. Based on the data, there is a high probability that stocks will trade higher in the short term. As of now, equities are higher than where they were last week, already placing the signal in success. But I think there’s more coming.
I’d focus heavily on commodities for a mean reversion spike.
For the session, stocks drifted higher by 150, led by shipping, department store, airlines, oil and gas, and copper. The laggards were gold, silver, semis and biotech.
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Fly do u follow vcali on snap and can we expect you to have ur own snaps chats in the future?
Sorry I don’t snap
Yesterday was an after brexit mini redux
Just an excuse to drag vix back to 11/12 range on a “very negative” headline
Where we’re told or everyone says: market didn’t care, market ignored fear
Hey everybody, that’s obviously bullshit, whoever or whatever manipulation
just moved it up dragged vix back in an overly uniform master type control
Today became part ii, market is moved by computer programs known as algos, for all you new readers
[TRANSLATION: I think the market is rigged and I have no clue why I remain in the markets as a speculator.]
Nice to see an instituional buyer shoe up today.
WCP.to
CR.to
CJ.to
BIR.to
the oil and gas space up here in the land God calls home has been beaten down merciless to levels last witnessed in February 2016….the turn is finally at hand after a couple false starts. Thank God the deep value investors have put their money to work.
The obvious answer is to be bullish and go long like king kong dong at every opportunity
The retiree or 401k holder should be running like hell. Not that I hope they do, because I hope they are Destroyed. However, the lack of caution, wariness, or divesting or desertion among our older citizens is braindead-folly
I sometimes wonder if you are making any money in this market, with you being on the rag and such.