spy
daily, 1 yr chart
-wont psot it cause it may fuck the thread
my 2 cents;
we will gap down HUGE. Gaps get filled (unless you believe the world is coming to an end.or you feel USA/markets are done.......) -this means opportunity . From the futures, looks like we may open at 203 ish. Where is support? weak at 203ish ...then 199ish....then 194ish....break that and the tiny gap from earlier in the year at 187 may get filled -- Then gotta hold 181. At 192ish , from todays close, would be a 10% correction. How to play it ? Have a plan. as an example a) add in segments-- just add at X%-- example at a 5% drop add $ , add more at 10% (if it does drop this much). Now wait.
b) if wanting to 'time ' the bottom as best as possible -- WAIT for the downleg to show evidence its drying up-- volume is a leading indicator. Also, watch the candle anatomy forming for that day, it may be a bullish candlestick (check to see at 3:50ish pm each day). And lastly, ideally enter on a green candlestick day and higher volume.
markets dont like uncertainty .....boy oh boy, they just got it.
daily, 1 yr chart
-wont psot it cause it may fuck the thread
my 2 cents;
we will gap down HUGE. Gaps get filled (unless you believe the world is coming to an end.or you feel USA/markets are done.......) -this means opportunity . From the futures, looks like we may open at 203 ish. Where is support? weak at 203ish ...then 199ish....then 194ish....break that and the tiny gap from earlier in the year at 187 may get filled -- Then gotta hold 181. At 192ish , from todays close, would be a 10% correction. How to play it ? Have a plan. as an example a) add in segments-- just add at X%-- example at a 5% drop add $ , add more at 10% (if it does drop this much). Now wait.
b) if wanting to 'time ' the bottom as best as possible -- WAIT for the downleg to show evidence its drying up-- volume is a leading indicator. Also, watch the candle anatomy forming for that day, it may be a bullish candlestick (check to see at 3:50ish pm each day). And lastly, ideally enter on a green candlestick day and higher volume.
markets dont like uncertainty .....boy oh boy, they just got it.
spy
we will gap down HUGE. Gaps get filled (unless you believe the world is coming to an end.or you feel USA/markets are done.......) -this means opportunity . From the futures, looks like we may open at 203 ish. Where is support? weak at 203ish ...then 199ish....then 194ish....break that and the tiny gap from earlier in the year at 187 may get filled -- Then gotta hold 181. At 192ish , from todays close, would be a 10% correction. How to play it ?
Have a plan.
as an example a) add in segments-- just add at X%-- example at a 5% drop add $ , add more at 10% (if it does drop this much). Now wait.
b) if wanting to 'time ' the bottom as best as possible -- WAIT for the downleg to show evidence its drying up-- volume is a leading indicator. Also, watch the candle anatomy forming for that day, it may be a bullish candlestick (check to see at 3:50ish pm each day). And lastly, ideally enter on a green candlestick day and higher volume.
cheersgif
[h=1]Mexico ETFs plummet in worst day since 2008[/h]
[h=1]Gun stocks fall and prison stocks jump after Trump win[/h]
Guns stocks are tumbling and prison stocks are soaring after Donald Trump won the presidential election.
Corrections Corporation of America CXW, +37.38% was the biggest percentage gainer listed on the New York Stock Exchange Wednesday, with shares leaping 35%. Shares of Geo Group GEO, +17.17% , which has corrections and other facilities in North America and abroad, were up 17%.
popcorn-eatinggif
[h=1]Gun stocks fall and prison stocks jump after Trump win[/h]
Guns stocks are tumbling and prison stocks are soaring after Donald Trump won the presidential election.
Corrections Corporation of America CXW, +37.38% was the biggest percentage gainer listed on the New York Stock Exchange Wednesday, with shares leaping 35%. Shares of Geo Group GEO, +17.17% , which has corrections and other facilities in North America and abroad, were up 17%.
popcorn-eatinggif
The time to buy was last night when the futures were down 800. But having a setup for access like that was harder than getting the Steelers +3 last week
I'm personally surprised that HealthCare is roaring, already....suspect this may not sustain but good for short term gains, for those that chose that...
....just too much uncertainty right now with ObamaCare, shits gonna take time to fix...
....insta-Bubble? In Health Care?
Lets see how sustained these gains gonna be lol
[h=1]Defense stocks surge as Trump victory, GOP sweep spur spending hopes[/h]
Defense stocks surged Wednesday, with a number of them running up to record highs, as Donald Trump’s election victory and the Republican sweep of Congress spurred hopes of increased spending.
The iShares U.S. Aerospace & Defense exchange-traded fund ITA, +3.83% powered up 3.1%, with 34 of 37 equity components trading higher. It rose as much as 5.2% to an all-time intraday high of $137 earlier in the session.
Defense stocks surged Wednesday, with a number of them running up to record highs, as Donald Trump’s election victory and the Republican sweep of Congress spurred hopes of increased spending.
The iShares U.S. Aerospace & Defense exchange-traded fund ITA, +3.83% powered up 3.1%, with 34 of 37 equity components trading higher. It rose as much as 5.2% to an all-time intraday high of $137 earlier in the session.
[h=1]Trump victory sends Fed rate expectations plummeting[/h]
The shock victory of Donald Trump in the presidential election has roiled financial markets, creating new uncertainty about the economic outlook, which is anathema to the Federal Reserve.
The election result has raised doubts among investors that the central bank will follow through with its widely telegraphed interest-rate hike next month.
Odds of a December Fed rate hike fell below 50% in the wake of Trump’s victory according to Bloomberg News, citing U.S. overnight indexed swaps. The odds were as high as 82% on Tuesday.
The shock victory of Donald Trump in the presidential election has roiled financial markets, creating new uncertainty about the economic outlook, which is anathema to the Federal Reserve.
The election result has raised doubts among investors that the central bank will follow through with its widely telegraphed interest-rate hike next month.
Odds of a December Fed rate hike fell below 50% in the wake of Trump’s victory according to Bloomberg News, citing U.S. overnight indexed swaps. The odds were as high as 82% on Tuesday.
okay, thoughts as to sectors that should likely enjoy a Mr Trump presidency? Monies strongly flowing into a few sectors
financials-- IYF up 2.50%. Missing something? MR Trump looking to deregulate this industry?
healthcare/pharma/biotech-- in anticipation of bye bye Obamacare, i guess. Or , the harm that Mrs Clinton would have done to it, so they are rejoicing ?
industrials- Mr Trump plan to fire massive stimulus at infrastructure?
defense - Mr Trump to pour monies into national defense? (nice call here FZ and Willie)
what a wild wild wild day.......are you fuckin' kiddin' me? futures down 800 and up 200 late in the day?...........:missingte..............dagone............
financials-- IYF up 2.50%. Missing something? MR Trump looking to deregulate this industry?
healthcare/pharma/biotech-- in anticipation of bye bye Obamacare, i guess. Or , the harm that Mrs Clinton would have done to it, so they are rejoicing ?
industrials- Mr Trump plan to fire massive stimulus at infrastructure?
defense - Mr Trump to pour monies into national defense? (nice call here FZ and Willie)
what a wild wild wild day.......are you fuckin' kiddin' me? futures down 800 and up 200 late in the day?...........:missingte..............dagone............
