DrStool Posted February 7 Report Share Posted February 7 Well, they managed to escape the triangle pattern a millisecond before reaching the trickle point. But it was still too near it to generate any power, so here we languish. The ES, 24 hour S&P futures are still stuck near the middle of the range of the past 3 days. However, since Monday there have been slightly higher highs and lows, so maybe that's bullish. I dunno. For now, anything between 4934 and 4963 is a nothingburger. Even when they break one or the other there wouldn't be a lot of running room. We're looking at 4918 and 4975 as the next sets of spport and resistance lines. Yawn. Swing Trade Screen Picks – Adding 3 Shorts for Each Long Meanwhile, every market from bitcoin to gold is like watching paint dry. Except for Treasuries. Pork bellies, anyone? What’s Up with Down Withholding Tax Collections For moron the markets, see: Is This the End, or Only the Beginning February 5, 2024 What’s Up with Down Withholding Tax Collections February 4, 2024 In the Goldrums February 2, 2024 Swing Trade Screen Picks – Clearing Out the Shorts January 30, 2024 Fed Balance Sheet Right Now Says Bears Should Get Ready to Rumble January 28, 2024 Primary Dealers Are Maxed Out Again January 24, 2024 US Economy Crashed in December – Nope, See Update January 3, 2024 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 folder. Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Market has DTs coming into 8 AM NY premature ejaculation. Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Breakout! Link to comment Share on other sites More sharing options...
Jorma Posted February 7 Report Share Posted February 7 For cripes sake 4999.25. Link to comment Share on other sites More sharing options...
MisFit Kid Posted February 7 Report Share Posted February 7 So Richard Pryor won the Nevada Primary? Link to comment Share on other sites More sharing options...
specie Posted February 7 Report Share Posted February 7 1 hour ago, Jorma said: For cripes sake 4999.25. I WANT MY 5000! AND I WANT IT NOW! Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 2-3 day cycle projection 5005. Is This the End, or Only the Beginning Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Stocks are the new crypto. Link to comment Share on other sites More sharing options...
WTF Posted February 7 Report Share Posted February 7 TSLA up on employee layoff hopes... imagine how well the stock would do if they just let everyone go... Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 Link to comment Share on other sites More sharing options...
BurntOnce Posted February 7 Report Share Posted February 7 this is the ugly truth why wall street rises; destroy the planet, harm the general public in the name of economic growth. there are similar evil injustices occurring. Bank of America Pledged to Stop Financing Coal. Now It’s Backtracking. The changes come as Republican lawmakers step up efforts to punish businesses that consider climate change and the environment in their operations. https://www.nytimes.com/2024/02/03/climate/bank-of-america-esg.html Link to comment Share on other sites More sharing options...
WTF Posted February 7 Report Share Posted February 7 Oh the tension keeps mounting as the AssNPee flirts with 5000... I can only imagine how the world will change if only that magic number can be seen... I for one will celebrate the stupidity by adding to my FNGD position... this market is doomed... Link to comment Share on other sites More sharing options...
MisFit Kid Posted February 7 Report Share Posted February 7 1 hour ago, WTF said: Oh the tension keeps mounting as the AssNPee flirts with 5000... I can only imagine how the world will change if only that magic number can be seen... I for one will celebrate the stupidity by adding to my FNGD position... this market is doomed... I finally found something my portfolio is doing better than......🙃 Link to comment Share on other sites More sharing options...
DrStool Posted February 7 Author Report Share Posted February 7 The ES did tick 5000. Link to comment Share on other sites More sharing options...
Recommended Posts