Bquat's Account Talk

[Bquat]

Green line holding. I think I'm okay: :blink:

 

[mmk119]

that was a big drag against interest rate sensitive stocks. ...plus this close to the long weekend?

 

[nasa1974]

I think it was that jump in yields, but was it caused by this obscure PMI data that came out right when things shifted?

Whatever it was sure tanked the market around 12:30.

 

[Bquat]

I didn't expect this. ​This was crazy. Did someone say rate hike or something:

 

[Bquat]

I wonder what happened today

 

[Bquat]

Leaving some room to get half back. Taking a chance. My 50 SMA held so I am keeping my fingers crossed: :cheesy:

 

[Bquat]

Leaving some room to get half back. Taking a chance. My 50 SMA held so I am keeping my fingers crossed: :cheesy:

Well some bounce back. I will wait until after the long weekend to figure out the Midterm. Where's my 50 cents piece. Coin toss: :blink:

 

[Bquat]

Well, I thought we were going somewhere. Still have my coin in the air: :blink:

 

[Bquat]

I am definitely looking bad here. I will wait for a stronger support line because I already took the loss. :embarrest::embarrest:

 

[Bquat]

I am definitely looking bad here. I will wait for a stronger support line because I already took the loss. :embarrest::embarrest:

Well 3 government bond sells didn't go well this week. Not looking strong today but a little move in the right direction. Still watching here since I already lost. Chart: :blink:

 

[Bquat]

Close enough of filling both gaps. Upper gap filled and now nothing to pull us up. :worried: Then bottom gap filled nothing to pull us down.
My 100 SMA tested as support So are we neutral? I did say I was waiting for stronger support.:cheesy: I may be a contrary indicator:

 

[Bquat]

Bulls definitely happy bottom gap was completely filled. ​Chart:

 

[Bquat]

I don't know what happened. Chart: :blink:

 

[nasa1974]

I don't know what happened. :blink:

Maybe somebody sneezed.

 

[Bquat]

I need this level to break upwards above the Dead Cat Bounce. Chart: :blink:

 

[mmk119]

Bquat, not sucking up - cause I stay mostly in the "C" fund. but, wanted to give you a shout out. Just like I've learned a lot watching Dreamboat Anne's account; I've learned a good bit watching you draw trend lines and channels. thanks for posting.

 

[Bquat]

Thanks very much. Here's a longer-term chart, while I make the Midterm the Longterm and play with a shorter Midterm: :cheesy:

 

[Bquat]

My 50 SMA acted as resistance and trying to build support at this level. The up and down right here is acting like a noise level and no commitment on either direction. Playing with new Midterm: :blink:

 

[Bquat]

Well again I can't beat the news. Talking points for Powell is rate cuts are still on the table. I don't think we'll get one until September when the election is starting. It will come no matter what for the administration. Just my thoughts

 

[Bquat]

Chart: :blink: