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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: SGJ who wrote (126638)6/18/2019 11:03:06 AM
From: yard_man  Read Replies (2) | Respond to of 220647
 
go SOX!! I see SOXL is up 17 -- SOX is up almost 5%. Just a guess -- but I'd guess I was wrong. :-)

This looks like too much of a rally to simply be ascribed to fed easing.

And yes, I heartily agree -- when are the fundamentals ever good.

Good luck to you. I still have no inclination to buy it. But I do like the BTK here.



To: SGJ who wrote (126638)6/18/2019 11:42:22 AM
From: GROUND ZERO™1 Recommendation

Recommended By
Mevis

  Read Replies (2) | Respond to of 220647
 
If you want to see a weekly 3 week buy wiggle, then look at the $SOX chart, it's already completed and today is only Tuesday... all we need to do is hold current levels through this week into Friday's close and we'll have something going for that index... in fact, if this pattern remains intact into Friday's close, then it would be powerfully bullish for all the other indices since the semi index so typically leads the way in both directions...

Today's action in the SOXL has clearly moved its mo line in the right direction...

GZ