DrStool Posted November 18, 2021 Report Share Posted November 18, 2021 Yesterday morning I stuck my tongue firmly in my butt cheek and produced this chart of the ES, S&P 500 fugutures. So far, it isn't right, but it isn't wrong either. At least not yet. Yesterday, I wrote: On 11/17/2021 at 11:03 AM, DrStool said: Now I'm not going to play pretend and act like I know which this is. I'll let the market tell us. It's pretty clear that if they don't break 4675 later today, this sucker is likely headed for the freakin' moon. This top/bottom pattern would have a conventional measured move target of 4795 if it breaks out to the upside. Today, we're still in mid No Man's Land. The parameters to watch today are 4695 and 4685 on the downside. Bears need to retake those to have any shot at getting anything going on the downside. Bulls still need to clear 4718 for an upside breakout, and potentially explosive projectile move. So the zig zig lives until proven otherwise. For more on the big picture and elsewhere: Gold Breaks Out, Sets New Targets, Miners Move Benefit of the Doubt to the Upside Until Proven Otherwise The Fed Pulls The Plug, Macro Liquidity Cruiser Starts Its Turn Buys and Sells in Balance in Swing Trade Screens Why Jerome Powell Had a Frog In His Throat Link to comment Share on other sites More sharing options...
BreakOut Posted November 18, 2021 Report Share Posted November 18, 2021 Looked like a winner to me. As someone said, cutting back from $80 billion to $70 billion is like a drunk cutting back from 8 to 7 beers. Link to comment Share on other sites More sharing options...
GregFokker Posted November 18, 2021 Report Share Posted November 18, 2021 Whappened? Link to comment Share on other sites More sharing options...
Jorma Posted November 18, 2021 Report Share Posted November 18, 2021 20 minutes ago, GregFokker said: Whappened? Got me. If you haven't seen it Lee, Yellen told Pelosi that Dec 15 is the drop dead date for the debt ceiling increase. That's the headline number in other words so that will drive the news. One of these days........ Link to comment Share on other sites More sharing options...
DrStool Posted November 18, 2021 Author Report Share Posted November 18, 2021 Wrong, but not wrong. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 18, 2021 Report Share Posted November 18, 2021 AAPL hit a new ATH with a One Minute Buy at any cost Bid....... I guess those Share Buy Backs can happen at any time....... Link to comment Share on other sites More sharing options...
Jorma Posted November 18, 2021 Report Share Posted November 18, 2021 20 minutes ago, MisFit Kid said: AAPL hit a new ATH with a One Minute Buy at any cost Bid....... I guess those Share Buy Backs can happen at any time....... Over a trillion this year I hear. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 18, 2021 Report Share Posted November 18, 2021 7 minutes ago, Jorma said: Over a trillion this year I hear. Maybe they should buy TSLA......oops, to late........🙄 Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 18, 2021 Report Share Posted November 18, 2021 My bad, AAPL does not need TSLA, they are going to Build/Roll their own AUTONOMOUS CARS .........2025 No pedals, no steering wheel, just Pure Genius......... Bloomberg: *APPLE ACCELERATES CAR WORK, AIMS FOR FULLY AUTONOMOUS VEHICLE *APPLE REACHES KEY MILESTONE IN DEVELOPMENT OF PROCESSOR FOR CAR *APPLE AIMING FOR AUTONOMOUS CAR WITHOUT STEERING WHEEL, PEDALS Link to comment Share on other sites More sharing options...
DrStool Posted November 18, 2021 Author Report Share Posted November 18, 2021 Dull, but dull. Link to comment Share on other sites More sharing options...
DrStool Posted November 18, 2021 Author Report Share Posted November 18, 2021 15 minutes ago, MisFit Kid said: My bad, AAPL does not need TSLA, they are going to Build/Roll their own AUTONOMOUS CARS .........2025 No pedals, no steering wheel, just Pure Genius......... Bloomberg: *APPLE ACCELERATES CAR WORK, AIMS FOR FULLY AUTONOMOUS VEHICLE *APPLE REACHES KEY MILESTONE IN DEVELOPMENT OF PROCESSOR FOR CAR *APPLE AIMING FOR AUTONOMOUS CAR WITHOUT STEERING WHEEL, PEDALS If there are no pedals, how will drivers get their exercise. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 18, 2021 Report Share Posted November 18, 2021 35 minutes ago, DrStool said: If there are no pedals, how will drivers get their exercise. Like Fred Flintstone........ Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 18, 2021 Report Share Posted November 18, 2021 Largest US Auto Makers ($$$) (The BIG 3) AAPL TSLA RIVN Who Cares/Everybody Else Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 19, 2021 Report Share Posted November 19, 2021 It is All Good...................... Link to comment Share on other sites More sharing options...
Jimbo Posted November 19, 2021 Report Share Posted November 19, 2021 Robin hoods not so merry shareholders Stock now below IPO level. Ha ha ha. So overvalued. The attempt to meme the stock failed. Probably because the market cap just too big. Link to comment Share on other sites More sharing options...
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