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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (8454)9/8/2023 8:30:48 PM
From: Rarebird  Respond to of 8531
 
I know. I have been in ET for the past 3-4 months. Outrageous insider buying, poor EPS and revenue results. Very strange stock.



To: Julius Wong who wrote (8454)9/8/2023 8:40:00 PM
From: Rarebird  Respond to of 8531
 
I went long DRD, GBTC and BBVA ( right before the close) and COWZ.

I also added to existing positions, BXSL and ODP.

I am trying to understand what has been going on in the financial markets this week. The economic data has been strong, but the market response has been anemic. The rise in long bond yields and strength in the USD has been a factor. In the back of my mind, maybe the market is pricing in a recession in 6 months. But I don't think the Market looks out that far.

Next week is a seasonally strong week.