DrStool Posted November 2, 2023 Author Report Share Posted November 2, 2023 1 hour ago, fxfox said: Giant SHS on the monthly. March 2020 and Sep/Oct 2022 low not far away. Must hold, otherwise: Sayonara. Screens are based on daily bars and 13 week cycles. Then I trade the hourly, 20 minute and 5 minute bars for fine tuning. Monthly? Bwahaha. At my age, can't wait for the monthly bars to play out. Link to comment Share on other sites More sharing options...
SiP Posted November 2, 2023 Report Share Posted November 2, 2023 Roku - boom Link to comment Share on other sites More sharing options...
SiP Posted November 2, 2023 Report Share Posted November 2, 2023 Palantir and Shopify - boom Link to comment Share on other sites More sharing options...
DrStool Posted November 2, 2023 Author Report Share Posted November 2, 2023 Another new low on the Fed's RRP slush fund. Dropping at an average of $200 billion per month give or take. That theoretically leaves 5 months until the shit hits the fan. Or sooner. WTSHTF coming soon to a theatre near you. Here’s Why Macro Liquidity Still Signals Record Danger Link to comment Share on other sites More sharing options...
DrStool Posted November 2, 2023 Author Report Share Posted November 2, 2023 5 day cycle projection 4325. Link to comment Share on other sites More sharing options...
SiP Posted November 2, 2023 Report Share Posted November 2, 2023 dont worry about april 2024. If yields continues to go down we come back to bull market. we should have santa rally. We enter two great months Link to comment Share on other sites More sharing options...
potatohead Posted November 2, 2023 Report Share Posted November 2, 2023 49 minutes ago, DrStool said: Another new low on the Fed's RRP slush fund. Dropping at an average of $200 billion per month give or take. That theoretically leaves 5 months until the shit hits the fan. Or sooner. WTSHTF coming soon to a theatre near you. Here’s Why Macro Liquidity Still Signals Record Danger curious if they are timing the end of RRP with the Treasury's previously announced bond buyback program. Operation, Kick the can in the nuts and down the road. Link to comment Share on other sites More sharing options...
fxfox Posted November 2, 2023 Report Share Posted November 2, 2023 23 minutes ago, potatohead said: curious if they are timing the end of RRP with the Treasury's previously announced bond buyback program. Operation, Kick the can in the nuts and down the road. Still waiting for the FUBRS247 program Link to comment Share on other sites More sharing options...
fxfox Posted November 2, 2023 Report Share Posted November 2, 2023 Will Apple be the party pooper after ze bell? Doubtfull. Maybe 1% chance. Apple is part of the club and last time they really disappointed was in? 2008 or so? Link to comment Share on other sites More sharing options...
DrStool Posted November 2, 2023 Author Report Share Posted November 2, 2023 58 minutes ago, potatohead said: curious if they are timing the end of RRP with the Treasury's previously announced bond buyback program. Operation, Kick the can in the nuts and down the road. Treasury buyback program. OK. They're not buying back, they're exchanging one security for another. How does that affect supply? It doesn't. Link to comment Share on other sites More sharing options...
DrStool Posted November 2, 2023 Author Report Share Posted November 2, 2023 1 hour ago, SiP said: dont worry about april 2024. If yields continues to go down we come back to bull market. we should have santa rally. We enter two great months I'm not worried. I just trade what the market gives. Read the charts and trade short term. Swing Trade Screen Picks – Adding Longs October 31, 2023 Bonds rally sometimes. But as long as the Treasury pounds the market with supply month in and month out, and the Fed is not buying virtually all of it, bond prices will continue to trend lower. The Law of Supply hasn't been repealed. The last 39 months have proven that. The market can not maintain a stable equilibrium price for fixed income securities if the Fed doesn't buy it or fund it. So "if" the Fed returns to buy or fund the bond market, or "if" the Treasury uses its $850 billion in cash to pay down debt, then bond prices can rally for 6 months, but that would be the limit. "If" the Treasury spends down its $850 billion to pay down T-bills, which is something that they've done twice before, then the RRP fund won't be drawn down. There are lots of "ifs." It appears from the TBAC forecast that they want to reduce bill issuance, but it's not consistent with the fact that the Treasury also says that it will maintain a $750 billion cash balance. These two goals are inconsistent. I don't care to speculate on what they'll do, because they don't even know until they do it. They act when the market forces their hand. Best practice is to trade the liquidity flows as represented in the charts. I mean sure, you can always guess. Some people are good guessers and they get lucky more than other people do. Link to comment Share on other sites More sharing options...
WTF Posted November 2, 2023 Report Share Posted November 2, 2023 4 Quarters of declining sales for AAPL... but at least it is grossly overvalued.... 1 Link to comment Share on other sites More sharing options...
SiP Posted November 2, 2023 Report Share Posted November 2, 2023 Apple beat estimates. on top and bottom line. Link to comment Share on other sites More sharing options...
fxfox Posted November 2, 2023 Report Share Posted November 2, 2023 12 minutes ago, SiP said: Apple beat estimates. on top and bottom line. Have they ever in the last 14 years NOT done that? Link to comment Share on other sites More sharing options...
WTF Posted November 2, 2023 Report Share Posted November 2, 2023 15 minutes ago, SiP said: Apple beat estimates. on top and bottom line. LOL estimates... Is AAPL a new startup company... are their people that have never heard of this company and just waiting in the wings to buy a +$1k phone... (a fkn phone? You have got to be kidding me!!!) There are no new customers for apple that have not already purchased an iphone... it is now just replacements... NO WAY that valuation supports this price... The half-price sale starts today... (buy stock today and get half your money back when you sale in 18 months...) Link to comment Share on other sites More sharing options...
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