Do I hear $50.00?
For ARMH, with Waldo bashing all during the rise from 42.00 as INTC has basically treaded water.
Nice time for some bottom fishing on the new low, ie 35.41, a whopping .12 below the prior low as the QQQ's spent the week pretty much going nowhere. Ending on a low matching the morning low is a positive especially so when early in the day, it was up on the day at 35.98
even a 20 year treasury bond pays more than INTC.
oh, for the good old days when canadian energy trusts paid over 20 percent, dividends monthly.
The little guys have been doing a wonderful job of keeping the markets up on low volume. Bright and early next week, the big boys are going to be looking to lock in those profits.
You all have no clue.
P has been making money trading stocks for a very long time.
as suggested last night, bght some sqqq today down near the lows, and low and behold, a higher low developed, then a higher high
while an overbght market can stay overbght, the odds are not favorable.
Oh Waldo's pretty good at it, ARMH, 42, 43, 44, 45, 46, 47, 48 and up again today in an overbght market as he constantly bashed a stock with a rising macd.
Thanks for the cheap SQQQ shares today.
Poor Waldo thinks the 5 day drop in INTC was due to political events even as the qqq rallied to new rally highs and ARMH soared during the period INTC was dropping. a nonsequiter
Poor Waldo, the gap up was met with selling pressure in the QQQ's wirh the oversold sqqq popping up from a minor new low of 35.50 to 35.80 plus. Market not gaining any steam. Odds favor a decline coming up after this low volume churning at overbght levels.
P, once again, the qqq's are nestled up in overbght territory, rsi above 70, save for the gap down today, (they recovered) and are still in the mid 99's.
macd looks like it wants to roll over. Focusing on the short side, but not heavy, would prefer to see an actual turn down before going heavier. September not usually a good month for the markets. We shall see.
Waldo should learn not to bash stocks with rising macd's, ie ARMH as it moved up about 15 percent with Waldo proudly bashing all the while
Meanwhile, the QQQ's are currently about .06 off the most recent high in AH. Seems the lowly paid Wall Streeters are keeping the markets propped up till next week
the low paid wall street guys sure are doing a good job of propping the markets up. the QQQ's have barely budged, currently down a mere .3 percent off the highs, intc close to 2 percent
the markets are only going to dip for one short day?
you better hope so