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Misc Stock Market

Not pumped about this start so far. While the Nasdaq can carry the market, I didn't want to see non-tech get sold immediately at the bell.
 
Another is failing "

Fantasia Holdings, announced it is liquidating as well​


www.thegatewaypundit.com

China's Evergrande Shares Fall After Chairman Sells a Significant Stake - Now Another Developer in China, Fantasia, Files for Liquidation

China’s Evergrande, the world’s largest debtor, continues its fall from profitability while another company in the same sector, Fantasia Holdings, announced it is liquidating as well. We’ve reported on Evergrande for a few months now. The one time world’s largest debtor was failing back in...
www.thegatewaypundit.com www.thegatewaypundit.com
 
Smalls might officially be useless again. After the gap up, the only time that it looked good again was during that pump around lunchtime. The Dow might have to be used as an indicator overall, it held the recovery ramp much better after the gap and dump this morning but is going to need to close back above 35500.

I ultimately can't complain though. This was a good day and I got back most of what was lost on Friday.
 
Even if it's in the midst of taking a trip to bear market territory, we have to be close to the breaking point with IWM.

Its last good day was over two weeks ago...good night Irene.

When it bounces, I'm out on what I was trying. Just no longer feels like it's going to work considering what my theory was.
 
IWM was a total bull trap....just been crushed and small caps getting taken to the woodshed.
 

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The Russell 2000 is currently up a little more than 1%.

Odds that it gaps up tomorrow morning and then dumps?

100% chance

Odds that it finishes higher tomorrow?

0% chance

Back on the useless list, the Dow now resides on it too. Both are done for and they're going to drag the market lower for the rest of this year.
 
I really don't see how the S&P holds the 200-day if it does happen to go there. At my last look, it's the general area where it bounced three times in October, the gut feeling for me says that a fourth time would fail as support generally weakens at every bounce.

So, if dip buying around here is wrong, then dip buying at the 200-day likely turns out to be wrong too and we'll probably end up seeing 4000-4100, and the apparent historical idea that the S&P usually stays around 10% or so from its record during QE will end up not being the case this time.

I know no one has talked about going to the 200-day on here, just talking about some comments that I saw elsewhere.

That still wouldn't be my base case, but if things don't settle down, it will turn into the base case. Thought we'd see some of what's been seen in the past 3 days next year. May have started early.
 
Grabbed some MVIS on the usual dip this morning. Stop set under yesterday’s low. ---- it let’s ride
 
Great. Powell speaking again this morning. Don't say inflation you bastard.
 
When you understand the link below = $$$. But, to add on to the link below, it is very early still, just one of four burn vehicles being used (other three to start soon = supply goes down). Still hard to buy, but will be easier soon (demand will go up). Marketing about to start (over a million in war chest)

Link-->
 
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Who wanna try some with me? Been on my radar for a while. Traded it last year. Cool company. SpotRX. Basically a prescription vending machine. Expanding to different states. Target Medicare Medicaid. Low float 82927999-D83F-440A-B98F-F70CD235787D.png
 
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