Black Monday

[JSwan]

Yes, exactly. He'll downplay it as much as possible, while pointing to the soaring sharemarket.

He said he and his wife are doing "very well"

https://twitter.com/realDonaldTrump/...58400352972800

[Ggcc]

He said he and his wife are doing "very well"

https://twitter.com/realDonaldTrump/...58400352972800

Better than most I would say. Better than the best of all the others. He is now positively positive or negatively positive. I don’t know anymore.

[Zaphod]

Some of the videos released by the WH could have been prerecorded. I'm sure all of this is going to help keep markets volatile for the foreseeable future.

[BlackPeter]

DOW - Head and Shoulders?

DOW HuS.JPG

[Hoop]

DOW - Head and Shoulders?

Hmmm..maybe..if it is, its pullback has gone above the neckline break which could (not always) suggest a failure or there is an overriding (more powerful) pattern in play (It's common to have patterns within patterns) ....That overriding pattern could be the 5 month upward sloping asymmetrical complex head and shoulder pattern which confirmed its pattern (neck line break) back in mid September, and the recent rally is it's pull back to test its neck line. The pull back to test the break line is considered a second chance to sell..

For those people not used to reading charts, put a small ruler at 45 degree angle starting at the bottom on BlackPeter's chart's left side (up-sloping) and you will begin to see the upward sloping H&S pattern..The Head occurred on the 8th of June, it has many shoulders and necks (complex)..more on the righthand-side than on the lefthand-side (asymmetrical)..Asymmetric H&S aren't as reliable as Symmetric, they have higher failure rates..
To an untrained eye many sloping H&S patterns are missed..even those perfect sloping symmetrical ones which have a very reliable prediction outcome (very low failure rate)..

[peat]

Never taken much stock in sloping H+S myself.
For crooked hunchbacks?

oh and PS Hoop has a lot more credentials than me.

[bull....]

Trump says he will leave Walter Reed on Monday:

well those super drugs must be good , back to business as usual for trump

[King1212]

Hate uncle trump but love him as well. The only us president that able to move the market up n down with a single tweet! Here we come.... Market at full charge!

[bull....]

US markets rotation still on tech to other sectors to a degree , rut raging on stimulus hopes , transports at new highs even the dow utilities which we mentioned seems like mths ago as a pattern in the making broke out of the ascending triangle to the upside today.

In NZ interest in utilities as gentailers , property stocks and retirement stocks have all been in demand again lately probably due to ORR going to implement new measures shortly to drive deposit rates heaps lower vrs the once popular atm ,fph and techs here not so in favour , so nz getting its own sort of rotation move as well.

[bull....]

Hate uncle trump but love him as well. The only us president that able to move the market up n down with a single tweet! Here we come.... Market at full charge!

trump did it again sent a tweet to say stimulus is off and the market tanks 500 pts in 5 mins