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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 (74047)11/18/2022 3:51:32 PM
From: Lee Lichterman III1 Recommendation

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ajtj99

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Quiet in here today as we all watched the paint dry most of the day. A lot of whipsaws on low volume and depth. I can't imagine what next week will be like ahead of the holiday. Will it just be us trading against each other? -G-

TRIN was slightly over 1 most of the day and defensives were stronger than growth and discretionary. Closing ramp probably op ex related in my opinion. We are slightly over now so I wouldn't be surprised to see it slip in this last few minutes.
My bird dogs were actually strong so I am a bit confused as defensive stocks were stronger like I said and SPYV was ahead of SPYG.

I still think it is all about the liquidity. The market is safe until the TGA and RRP stop dropping.

I wonder if LYV is a buy? I know nothing about them but they are getting hit hard because they ran out of Taylor Swift tickets so congress might have a hearing. 99% of the time, nothing happens and it is just a pony show to give he illusion that Congress cares about something.
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