J1snoop, You used the words yesterday and trend in the same sentence. Trends are long term price movements not yesterday or on the open or close ect.
" How is this possible if we are indeed in a Bull Market?" Volatile stocks like GILD are volatile in all markets. Just because a Bull market might be "toppy" (or might not) does not make it other than a Bull Market until it changes direction over time.
I just read a newsletter from a favorite author Jared Dillion the Streat Freak. He said either Presidentsl Candidate will balloon the debt with infrastructure soending and simply cancel it in the future like Japan is getting ready to do.
His suggestion is:
1. Avoid Bonds
2. Buy Gold
3. Don't short this market except as a day trade.
In his opinion a disaster of a meltdown is in the unknown future perhaps Decades away. So stay liquid,buy Gold and stay long.
So I took a little loss on SJB and a SPY Put and sitting back and watch my 25% of investments increase. I did do because the newsletter confirmed my opinion, so now I will follow the tape and not try to out quess it.
Yahoo locked me out of the iPad and say I have to answer secret question to verify identity . I have never given Yapoo any personal information and the correct answer does not reinstate me. Currently on iPhone and if kicked off I,m done. So far IV is boring:(
Whoa now ! I don't think the Fed buys stock,they do buy Government securities on the open market to meet there target dates. The Chinese equivalent might buy stock but not our Federal Reserve. They do influence stock purchases.
The wall will provide good wages to the Mexican workers who build it . Let's face it we need Mexican labor. Those hard working people are fantastic, personally have not run in to a bad apple. Most in the US are only willing to push a button in a air conditioned office. Try to find a kid to mow the yard , good luck!
Did the police use diplomacy and reach out to his inner self before shooting the poor boy ? If the kid had been black in the US Obama and the Revs would be wringing there hands and organizing over police brutality. His mom and her lawyer would be giving interviews about what a good boy he was.
I think your shorts might be devouring your account instead of protecting it. That will be the case until the worm turns when ever that might be.
My only BPowder experience was with cousins Confederate Cannon. A lot of fun and smoke and then you go retrieve the cannon balls, they cost too much to lose.
J1, I,m with you on this,some police regard a citizen properly exercising his rights a deadly threat. The Castile shooting hopefully will be investigated in that light.
Slick, why is it so important to repeat your guess so often? You and others need to get a life other than message board jollies. You are a good trader, it does not matter if this guess hits or misses.