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Or you can now use TapaTalk again!Whipsaw's Account Talk
- Thread starter Whipsaw
- Start date
Let's hope the "S" fund rebounds for a nice finish for the month and the week.
weatherweenie
Well-known member
[h=1]Treasury Secretary Yellen says rates may have to rise somewhat to keep economy from overheating[/h]
Whipsaw
Well-known member
Whipsaw
Well-known member
So, I'm checking out market websites this morning for anything on futures... Marketwatch said 'asian markets mostly higher'; Market Beat said 'asian markets mixed.' What gives? I've been suspicious of MW for some time now. Any good, straightforward, objective market websites out there folks like?I find CNBC the best as far as non-hype reporting and un-obnoxious web site to navigate. I gave up on Investors Business Daily because their web site is so obnoxious with pop ups and redirects. It's as if they intentionally don't want you on their web site. I find MW to be the worst as far as doom and gloom. If I want a headline to reassure myself after I've gone to G it's there, lol
Whipsaw
Well-known member
Sell offs, and rumors of sell offs...
https://www.marketwatch.com/article...n-stocks-tumble-51620727901?mod=mw_latestnews
Whipsaw
Well-known member
Yesterday on the C fund we closed higher than we opened, that's a gain right? Yesterday's S-fund candle is red, but it opened and closed higher than the previous day, another gain? All Relatively speaking, I guess. I am optimistic for one more slog to the top of the apparent channels, not based on anything in particular.
DreamboatAnnie
Well-known member
Good morning Whipsaw! :smile: Answer is no for both (unfortunately
). I do believe the gain/ or loss is computed by comparing the close to the prior close. Yesterday, both candles were red and empty on daily charts, which means it closed at the top of the candle's body. So empty reds look worse than they actually are, but they are still a loss.
I looked into this recently and put it on my post, #3584:
Note - Explanation on candlesticks:
Candlestick Colors- BLACK versus RED -
BLACK means it closed higher than previous candlestick's close.
RED means it closed lower than previous close.
Candlestick Fill - EMPTY versus FILLED Candle -
EMPTY candle means it closed higher than it opened (i.e. price started at bottom of candle and ended at top of candle).
SOLID candle means it closed lower than it opened (i.e. price started at top of candle and ended at bottom of candle).
Typically you get SOLID RED and EMPTY BLACK candles.
Less Common:
SOLID Black forms when price gaps up (at start of period) and then falls, but was still above close from prior period (e.g. prior day on daily chart). Note: So, Price closes at bottom of black solid candle body (not at top).
EMPTY Red forms when price gaps down (at start of period) and then goes up, but was still below prior period close (e.g. prior day on daily chart). Note: So, Price closes at top of red empty candle body (not at bottom).
DreamboatAnnie
Well-known member
Yes, its great to hear the coins jingling! :arms:Similar threads
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