I wonder why the DOW has had 3 enormous crashes in the last 20 years. Maybe because its parabolic and retards keep buying regardless of pricing. Maybe, just maybe, if people bought moderately then the DOW would just casually rise instead of freefalling every 10 years. You bulls are retards.
looking for mid 30s
Large inflows for call options today and it is forming a W pattern on RSI
JPM is the best bank IMO and that is why I don't touch XLF, although I love XLE. Great entry point for a long position that follows the trend line. $115 price target by September.
I don't fully agree with what the fed is doing but I'm here to make some money. I tried to short and closed it when SPY broke some resistance levels today. It doesn't seem to want to head back down to $300. I admit when I am wrong and the short wasn't the play recently.. even though it made sense. Taking a step back it looks like we are still in an upwards channel...
SPY has broke its obvious trendline and has began reversing