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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (73391)11/4/2022 1:38:48 PM
From: Lee Lichterman III2 Recommendations

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DanWebzster
towerdog

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A couple things I noticed before I head out.
ENPH bearish engulfing candle today.

Follow senators. I think I mentioned I was watching GOGL because I saw some senator bought it. It was around $8 at the time but I just watched even though it has a HUGE dividend because shipping rates were collapsing. It's over $9 now.

Something to ponder and maybe discuss this weekend, XBD Broker/Dealer has been strong. I would think trading revenues would be dropping since market is down, portfolios are down and stymies have been lost. IPOs and SPACs are dead so what gives???

CAT & DE continue to baffle me. Fertilizer and fuel prices are killing farmers and grain prices aren't high enough to offset. I drove by a soybean farm last week and he just left them unharvested. There's hundreds of acres of brown dead beans just sitting there. Probably can't afford to run the combine. Construction is coming to a halt. Who's going to be buying equipment?
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