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


To: The Ox who wrote (74490)12/7/2022 4:37:50 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Read Replies (1) | Respond to of 97611
 
The average stock did much better than the index today.



To: The Ox who wrote (74490)12/7/2022 4:46:10 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
The Ox

  Read Replies (1) | Respond to of 97611
 
It was a weird day. I got hit hard on my first trade and spent the rest of the day chopping my way back. A lot of work to barely get anything.
High yield, junk bonds were up all day, regular government yields were down and the dollar was weak so I really thought we would fly. Instead we struggled to stay flat just chopping all day.
We're trapped between a down channel and an up channel. It's going to have to make up it's mind by the end of the week.