Here's my prediction for how things will turn out after lunch on Sept. 4th. As you can see, there's a cycle of optimism and fear. Short rallies and deep selloffs. Some of the bears from yesterday are walking back their predictions and saying things may go higher. This could be the denial stage already, or maybe not. But looking at NASDAQ:AAPL , their bubble has...
Et ceterus paribus, I think UVXY may be overvalued right now and will eventually return to its pattern of decreasing at a decreasing rate.
Descartes Global Systems Group is facing a slowing growth trajectory that may play out for the next few weeks.
Well, I sold my short position for a 20% return. I guess I decided to be an investor rather than a gambler. I'm still a little bearish, but with my short position out of the way I'll be able to focus more on my work and stress less about the market.
How investors react to this pause will determine if its a temporary downturn or structural change
I feel very, very sure that things go down from here.
I'm not even really sure what this means to be honest, but it's alarming. The SPX and VIX should move counter to each other.
Long Term spread of Abbott Laboratories.
Pregnancy test technology.
It seems as if something fundamentally changed in 2018, beginning a multi-year period of volatility. From a WashPost article about the period: "DEC. 4, 2018 Markets tumbled after Trump tweeted “I am a Tariff Man” and the Trump administration backed off earlier claims of a trade-war truce with China." (www.washingtonpost.com)
Merry Christmas, Satoshi. Wherever you are...
Finishing out the wedge formation, may drop after that.
The winning streak had to end at some point. SPX moving back toward yesterday's midpoint.