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Everything posted by fxfox

  1. We also could say that it was simply a fight bull vs bears about who wants to go long into October and that in a election year. Given that the bulls did ok, cause they prevented market from falling a lot today, which would have been pretty normal on a Sep 30 right in front of ab election. I only look at ES. The overnight low was 3301. Look where cash closed. Nothing bearish to see. They will use the 1.6 Trill. They will do this rechnically good, cause they are advised by hard core pros (Goldman, JPM and wotnot). They will win the election, if we like that or not. Market will not collapse in October and that‘s gonna seal the deal for Trump. Don‘t read too much into the polls. Social science knows since decades that voters of radical parties or persons don‘t tell their true intention when asked. The vote for Trump will be higher than the polls show right now.
  2. Market today trades like on a tripple witching OpEx day. Weird.
  3. If this bull rampage goes on st this pace I gonna post the Soccer Bowl 80 ABC half time show
  4. The breakdown area was 3320/25, that is the congestion zone. Bulls have to clear that, otherwise bears are in control.
  5. ES at the EMA200 hourly now, 3305, also represents former hourly swing lows from earlier in the month.
  6. Goldman says „the time is ripe for Gold and Silver“. Dem gotta unload inventory. Sell everything.
  7. We go to the 2 hunnert daily by next Tuesday and then they gonna throw those 1.6 Trillion into the market.
  8. No, you shouldn’t have. He is a good guy. Has sometimes a few problems with the language (like myself 😂) that‘s why he choose the nick „JP6“ although I think he had „J6P“ (Joe Six Pack) in mind. Or he is French: Joel Paque Le Sixieme. 😂😂😂
  9. 3265 now. Am I shocked? No. Am I surprised? Yes. A bit.
  10. Feed Fool aka. JP6 called the tops quite good. Where is he?
  11. I think if they don‘t intervene we are going directly to the 2 hunnert daily. TODAY.
  12. We are now in an „bad news is bad news“ environment. This is an outcome of a lack of liquidity. Vice versa when „bad news is good news“ means there is enough liquidity there to bomb the markets higher. Is my interpretation correct, Doc?
  13. Only from your side. The rest is calm. quite some damage was done today. Bulls were pretty good in charge, looked like they gonna lift it up, then bears took over and bomb the S&P roughly 100 down. Seems like a move to the 2 hunnert is unevitable. Then we will see what happens.
  14. Commenting on the tools still available to the Fed, Powell revealed that the central bank has "basically done all of the things it could think of." Powell said this earlier today. Markets interpretation could be: The FED is done and won‘t be of much help going further. OTOH: Just yesterday he said the exact opposite. Weird.
  15. Quite sure he meant that stocks should meander right around these levels (something like a 2800 to 3300 range or so) for some time and GDP pick up and therefore the ratio goes down. Kaplan is in my view not an advocate of Da Bears wet dream of a tripple digit S&P.
  16. Just to keep things in perspective: We are still quite far ABOVE the EMA200 daily, in S&P circa 120 points, in NDX more than 1000. I say it again: Trump and his mobsters will do EVERYTHING to hold the market up into the election. There are BIG players in the market who have a genuine interest that Trumps gets his second term.
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