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


To: Lee Lichterman III who wrote (74047)11/17/2022 9:03:00 PM
From: Sendme4 Recommendations

Recommended By
Jacob Snyder
Lee Lichterman III
skier31
The Ox

  Read Replies (1) | Respond to of 97962
 
If this chart holds true.....

We should be entering the Fear stage.





The big boys are about to fall one by one.

TSLA is may be the first to go



The current H&S target is down by the purple zone and even if it dips that low, they could still put one more squeeze on the market and hit my upside target just under 4100 before Thanksgiving.

The green arrows are all cloned so they are the same moves.






To: Lee Lichterman III who wrote (74047)11/18/2022 11:14:39 AM
From: Real Man1 Recommendation

Recommended By
Lee Lichterman III

  Respond to of 97962
 
fred.stlouisfed.org

The contribution of reverse repos coming out of the Fed and into the market was more than 300 billion since end of September.



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

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97962
 
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.