DrStool Posted November 15, 2022 Report Share Posted November 15, 2022 Yesterday's late selloff didn't happen. Also, I noted at the close. 16 hours ago, DrStool said: This is the low. And now we're looking at an approach to massive resistance around 4010-15, with a negative divergence setup on the hourly indicators. A breakout through 4016 would probably target 4050-60 today. If they hold the line here, to accomplish anything on the downside, they'd need to break 3957. Click the links below for moron the markets. The Repeal of Rule Number One, Don’t Fight the Fed November 14, 2022 Swing Trade Screen Picks – Few Good Longs, No Good Shorts November 14, 2022 The Repeal of Rule Number One, Don’t Fight the Fed November 14, 2022 Bond Market Rally is Technically Valid but Belies the Facts November 12, 2022 Bad News for the Markets – Not Just Withholding Boomed in October November 3, 2022 Surge in Withholding Tax Collections in October Indicates Faster Jobs Growth November 2, 2022 Bear Market Isn’t the Mirror of a Bull October 31, 2022 We Can Now Project When Fed Will Pause, But Not Reverse October 13, 2022 If you're serious about the underlying forces of supply and demand that drive the markets, join me! If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter. 1 Link to comment Share on other sites More sharing options...
SiP Posted November 15, 2022 Report Share Posted November 15, 2022 its gonna go up, still plenty of room to 4300, but first 4163 (SMA 50) and 4115 channel 1 Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 15, 2022 Report Share Posted November 15, 2022 Inflation going to back 0......(PPI) (as "measured" by the Govt.) therefore interest rates going back to 0......... money is/will always be free (for some)....... Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 15, 2022 Report Share Posted November 15, 2022 should I even mention Stock Buybacks....... (or the daily rip jobs higher since the England/UK bailout in Oct.) Link to comment Share on other sites More sharing options...
sandy beach Posted November 15, 2022 Report Share Posted November 15, 2022 Doc - the percentages I posted yesterday for Burry were for his asset allocation. He previously only held one stock - GEO and he added to that position and entered the others for the first time. He is pounding the table on private prisons (GEO and CoreCivic) as an investment and makes some interesting arguments that they are mostly not longer term incarceration centers like public prisons and that their services are poorly understood by the investing public. https://whalewisdom.com/filer/scion-asset-management-llc https://www.bloomberg.com/news/articles/2022-11-14/michael-burry-s-hedge-fund-is-betting-on-private-prisons Link to comment Share on other sites More sharing options...
fxfox Posted November 15, 2022 Report Share Posted November 15, 2022 1 Link to comment Share on other sites More sharing options...
fxfox Posted November 15, 2022 Report Share Posted November 15, 2022 1 hour ago, SiP said: its gonna go up, still plenty of room to 4300, but first 4163 (SMA 50) and 4115 channel Option trading related bull trap. Link to comment Share on other sites More sharing options...
DrStool Posted November 15, 2022 Author Report Share Posted November 15, 2022 My personal trading screens turned up way more shorts than longs today. First time in a while. 1 Link to comment Share on other sites More sharing options...
DrStool Posted November 15, 2022 Author Report Share Posted November 15, 2022 Fed balance sheet vs. government inflation measures and interest rates. Bond Market Rally is Technically Valid but Belies the Facts 1 Link to comment Share on other sites More sharing options...
DrStool Posted November 15, 2022 Author Report Share Posted November 15, 2022 Monthly annualized inflation rate and Fed balance sheet growth rate Bond Market Rally is Technically Valid but Belies the Facts 1 Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 15, 2022 Report Share Posted November 15, 2022 What was that.........? Stray Rockets hit Poland? Link to comment Share on other sites More sharing options...
DrStool Posted November 15, 2022 Author Report Share Posted November 15, 2022 Well, isn't that special. Link to comment Share on other sites More sharing options...
DrStool Posted November 15, 2022 Author Report Share Posted November 15, 2022 That's not good. Link to comment Share on other sites More sharing options...
sandy beach Posted November 15, 2022 Report Share Posted November 15, 2022 Just tuned in to find out what was up? Can't find anything in the news. Link to comment Share on other sites More sharing options...
MisFit Kid Posted November 15, 2022 Report Share Posted November 15, 2022 and 5 minutes later, back to green......... that ends that "beat market"..... 😆 as usual......... >: War is Bullish......for some..... Link to comment Share on other sites More sharing options...
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