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Except Bears Can't Go To Wall Street 8/13/20

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12 hours ago, Private Skidmark said:

I'm just weak. I like indoor plumbing. Although, there's something to be said for going wherever you want. Like bears do.

The Fed shoots them. 

Serious trend break on this chart. 

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I agree 100%. There are lots of folks who said that when Apple was at a PE of 17 that it was „ridiciously overpriced“, that were guys with „big names“ in the web or on Twitter. Fact is: At a PE of 17

2 minutes ago, DrStool said:

What an unholy mess.  

My considered professional analysis.

But the hourlies remain on buy signals. 

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This is flippin' exhausting. Just hanging around 3378 in suspended animation. Just move already! I keep checking my charting software to make sure I haven't lost the feed. These channels on 32M seem to say, 1. up, 2. up, or 3. down. Helpful, no? 🤡

 

Screen Shot 2020-08-13 at 10.27.54 AM.png

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4 minutes ago, PullMyFinger said:

This is flippin' exhausting. Just hanging around 3378 in suspended animation. Just move already! I keep checking my charting software to make sure I haven't lost the feed. These channels on 32M seem to say, 1. up, 2. up, or 3. down. Helpful, no? 🤡

 

Screen Shot 2020-08-13 at 10.27.54 AM.png

I've been tape watching obsessively. It's fucked up. 

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They've lost control. They let the whole world in, to save their tourism industry, and surprise surprise, the virus is increasing. 

180 new cases today. It may not sound bad, but it's trending higher fast.  

I'm seeing a few more people wearing masks, but most people aren't. Not a single vendor in the market was wearing one.  

These people don't believe that the virus is real. 

 

 

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1 minute ago, DrStool said:

Croatia had a record high in cases today. 

This is not good. 

Cases, hospitalizations, or deaths? I'm having such a hard time tracking the numbers, I don't know what to believe here in the States.

Stay safe. I came down with coronavirus earlier this summer. Was fairly sick, but not hospitalized. Definitely not a fun experience. Didn't get tested for about 10 days after I first had symptoms because I'm stubborn and stupid, but I did self-quarantine as soon as I started feeling bad. Tested positive 4 weeks in a row after that, then finally had a negative test. No one else in my family got it, or if they did they were asymptomatic. Just lucky ol' me. The cough and shortness of breath lingered for weeks after the fatigue and headaches went away. And several weeks exiled to my basement was not a plus either.

Felt I was in pretty good hands as I live close to Jewish Hospital here in Denver, and they have a very highly rated respiratory practice. I asked the testing nurse if each of my positive tests counted as a case, and she said not in Colorado, but also read anecdotally in other states that each positive test is a case. So I have no idea what the numbers really are, or aren't. I just know that as you say they aren't good.  

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I have to be very careful. People with cardiovascular disease tend not to do well, as in, they tend to end up in the hospital, and a significant percentage don't come out. 

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If this pullback holds through the hour, hourlies will edge to sell side. Nice negative divergences too. 

"If"

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