This thing is way ahead of where quarterly money flows suggest it should be - I think it will pull back and consolidate 1.10 - 1.150 range. Also looks to be exhibiting the same post-crisis recovery that it followed after the GFC. I'm pretty sure all of these anti-fed pumpers were out there barking about it back then as well.
Also, Bitcoin (all cryptos) still look like crud, barely hanging on minus over 30% and still tired.
Stocks looking real good in terms of quarterly money flows. This recent pull back looks like profit taking to me (maybe another 5% down and reverse but I think we are near the end of the correction. Oil also holding up and actually creeping higher, suggesting demand remains (for now); again, we know that the American consumer IN 2007 - FIFTEEN YEARS AGO - was able to support $100+ / barrel oil. Today we are tickling $86 / barrel.
Fear sells. Listen to the data.
God Bless.
#GoChiefs!
Also, Bitcoin (all cryptos) still look like crud, barely hanging on minus over 30% and still tired.
Stocks looking real good in terms of quarterly money flows. This recent pull back looks like profit taking to me (maybe another 5% down and reverse but I think we are near the end of the correction. Oil also holding up and actually creeping higher, suggesting demand remains (for now); again, we know that the American consumer IN 2007 - FIFTEEN YEARS AGO - was able to support $100+ / barrel oil. Today we are tickling $86 / barrel.
Fear sells. Listen to the data.
God Bless.
#GoChiefs!
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.