Black Monday

[bull....]

There is no bigger joke than US stocks right now. Anyone buying into this madness needs to seriously rethink. The game is absolutely rigged and if you think smart money/the wealthy are going to let all the retail holders that are fomoing into this rally make bank you are seriously wrong.

yea its all about fomo and momo now and who can print the most. fundamental analysis is dead in this environment

[bull....]

sp500 broke out of range last night lets see if it holds and nasdaq nearly at all time new highs wow its all about tech eh. goes to show all news is good news lol


i like what labour doing with pork

Govt buying 2000 pigs a week as industry struggles with surplus

With thousands of pigs unable to go to market during the coronavirus lockdown, the Government is stepping in
The meat will then be delivered to food banks by national food rescue network KiwiHarvest.

https://www.stuff.co.nz/business/121...s-with-surplus

[bull....]

notice the volumes on the NZX are getting considerably less now we are in level 2. down from 100m at its peak per day to 45m yesterday goes to show plenty people punting on stocks in lockdown

[clip]

Updated hourly DOW chart, not sure about current ranges, just tracking sideways
Attachment 11609

[bull....]

Updated hourly DOW chart, not sure about current ranges, just tracking sideways
Attachment 11609

hi clip im using a 24 hr dji chart so my channel is 22900 - 24800 so on a dji it hasnt broken out yet. on your chart i would move the top line up to the high at end april as that was pivot so is resistance line now

[clip]

hi clip im using a 24 hr dji chart so my channel is 22900 - 24800 so on a dji it hasnt broken out yet. on your chart i would move the top line up to the high at end april as that was pivot so is resistance line now

Thanks mate, gradual learner here.. have made some adjustments on my side.. appreciate your views

[bull....]

heres a 24hr chart one i use of dji on a 2hrly clearly shows the range


Attachment 11616


can see the clear bounces of bottom and top of ranges. if your going to use pivot points you need to confirm them with other indicators

[kiora]

"Does the world have a new vampire squid? "
https://www.ft.com/content/88e3e75e-...5-a8475a45b33f

"Fink and Blackrock are criminals. The FED is paying Blackrock to buy its own etfs. Conflict of interest. END THE FED. Buy Gold and Silver. This stock BUBBLE has popped. The FED has been propping it up 100 percent since MARCH."
https://finance.yahoo.com/news/black...125917150.html

[Balance]

"Fink and Blackrock are criminals. The FED is paying Blackrock to buy its own etfs. Conflict of interest. END THE FED. Buy Gold and Silver. This stock BUBBLE has popped. The FED has been propping it up 100 percent since MARCH."
https://finance.yahoo.com/news/black...125917150.html

Told you once and told you twice - don’t fight the Fed.

Many many shorters losing their pants out there, taking on the Fed.

[kiora]

Told you once and told you twice - don’t fight the Fed.

Many many shorters losing their pants out there, taking on the Fed.

Who's shorting it?
Blackstone going long.
Buying its own ETF with cheap/free money from the Fed