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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (14835)1/11/2021 12:24:44 PM
From: rimshot  Read Replies (1) | Respond to of 97958
 
several major banks report EPS on January 15th

FYI - if the $SPX is actually going to eventually top & reverse, a Fib extension
at $3843 is a level to keep in mind



To: ajtj99 who wrote (14835)1/11/2021 12:51:01 PM
From: The Ox1 Recommendation

Recommended By
ajtj99

  Respond to of 97958
 
If you go through the semi charts, I'd say 70% of them look similar, with the same basic up trend in place.

I'm not sure earnings matters to this group, except to goose or gap, crap and rebound them in the very short term.

While it appears to be more than excessive, there's no disputing how hot they've been lately!

I expect earnings will have more of an effect on other industries.