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DrStool

Faceplant Friday 1/31/20

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I suppose it was France and Italy with negative 4th quarter GDP.  Which we know is bullish. The good news for markets is  Trump can do anything to get reelected, which is a term of art now,  so it's 4 more years. 

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While the trend may be topping out, there’s likely to be too much bouncing around in the short run for a low risk options trade in either puts or calls.

Got dat right yo! 

Technical Trader

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We opened on Monday at 3247, and here on Friday 3256. 

Look at the money I saved you.  LOeffingL

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With the light supply and the Fed money putting the wind at their backs, Primary Dealers got a gift on top of that. Coronavirus. The panic that induced has driven money out of stocks and into bonds. Just what they needed.

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i believe this may finally be IT

DJIA and SPX both end  JAN red

both have monthly reversal candles

lets go down till NOV.  maybe THE CLOWN wont get reelected

i know i know...but I can dream

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30 minutes ago, No Einstein said:

i believe this may finally be it.

Nahh.  Well it depends what you mean by "it". A bear market in stocks, in itself not likely and I am not just talking the mythical 20% wouldn't be it.  It would be interest rates rising across the curve, worldwide. To me anyway. So that it, nahh. Untold trillions will be deployed first. 

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Holy shit. Zerohedge got banned from Twitter. Couldn't happen to a nicer bunch.  

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