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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: humble1 who wrote (38852)5/24/2023 4:44:12 PM
From: Tweets Boar Hog  Respond to of 41467
 
Nividia blew em out. Near 350 after hours.

You may be right Humble.

Tweets



To: humble1 who wrote (38852)5/27/2023 10:17:37 AM
From: humble1  Read Replies (1) | Respond to of 41467
 
See back link.

Breadth has been horrible, congress left town without a deal, and the flation numbers were ugly on Friday. Odds of a June hike rose. Equity markets could have - should have - plunged. Instead, SPX matched higher all day punching through resistance at.4200, closing above it. Possibly the craziest day I have ever seen.

What does this tell us about the market. My thought: almost everyone who is going to sell has done so.