When something "gaps" up (like netflx did by jumping 20% on earnings) creates an island by trading up there for a while, then gaps back down.
I'd post some links but Yahoo chat does not seem to like that.
In that vein, I came across a really cool article about how those screaming for QE3 to help "stimulate" the economy are either nuts or misled.
Basic point is that QE did not help unemployment, more of it will not do so either.
ANyone think he will unlease the QE3?
I doubt it as we are near all-time highs and have no need for that kind of market adrenaline boost
Here is a cool chart and a quick explanation of why tomorrow jackson hole meeting matters to the markets.
IN 2010 at same event Bernanke told us he'd do QE2.. will this repeat itself?
Interesting spot on the Nasdaq - looks like we are flirting with a major overhead resistance. Check out these charts.
Will we break down or break up? I think this is unsustainable for the moment and we break down, but Ben can save us!
Interesting Charts and thoughts at this blog post.. Looks like 246 is going to be a huge resistance level.. You guys think we blowing through it or breaking down?
Here is that article - http://blog.marketcorrelation.com/2012/08/keep-eye-on-amazon.html
I vote we make a double top and go south for a while
Some nice charts and quick comments - http://blog.marketcorrelation.com/2012/08/corn-corn-corn.html
Its looking like Corn is really poised for a big move either way. I'd vote it goes higher, but who knows..
You guys think we head north, now that the USDA has said it's peice?
I have been interested in shorting the AUD/USD for a while now, and it may be a good time to do that.
Here is a neat article outlining some of the reasons and the technical levels to watch.. http://blog.marketcorrelation.com/2012/08/aussie-dollar-at-interesting-spot.html
Do you guys think we are going to reverse here?
Well it looks like the USDA revised the production #s lower, yet Corn is down marginally... Anyone have a good reason for it?
I Came across a really cool blog post about Corn, the USDA numbers and its has a chart & embedded video about the situation.
You guys think that we are going to blast off in the next few weeks?
Came across a really cool blog post about Corn, the USDA numbers and its has a chart & embedded video.
You guys think that we are going to blast off in the next few months?
Came across a great article about the ECB and the implications of last week's statements by Mario Draghi. Looks like we are approaching a very interesting point in this crisis, I think the Markets will be very interesting in the coming months.
Check out that quick post here - www.blog.marketcorrelation.com
DO you guys think it was a game changer or just another delay tactic?
Came across a cool article about the ECB and the implications of last week's statements by Mario Draghi. Looks like we are approaching a very interesting point in this crisis, it will be very interesting in the coming months.
Check out that quick post here - blog.marketcorrelation.com