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

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To: catou1 who wrote (74588)12/12/2022 12:35:14 PM
From: Lee Lichterman III1 Recommendation

Recommended By
ajtj99

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Yep. Shorted stuff is bouncing as people cover to get flat ahead of the release. Defensive plays also catching a little bit of a bid. Volume is horrible as no one betting big either way.
I scalped my losses on the accidental short back and am quitting to get to work so I don't blow it. It's going to be cold and rainy tomorrow so I can trade when things are moving.
Mixed messages on the market right now. Trannies, tech, high yield and junk bonds strong. However so is utilities, healthcare, staples while discretionary is weak. Financials are bouncing after lagging for a while.
Like I said, I think some of it is short covering.
Just had another deer get hit on the highway I guess. I need to go see who it was and hopefully it wasn't my big buck.
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