CNN business has a wonderful fear and greed indicator. I love it. So I made my own version to track real time sentiment. Im using junk bonds prices - vix volatility to mimic cnn's version. DIA AAPL GOOGL MSFT TSLA
Traders, We're going to talk about this bear flag on Bitcoin. Will it play out or have we reached a bottom. 29k continues to hold us for support and that is good. The dollar looks like it's coming down a bit. Vix sideways. And let's take another peak at our new data point, the Nasdaq 100 above the 200 day moving average. -Stew
I've done an analysis of a very popular indicator which measures the sentiment of the market. The takeaway is that people have started to worry but neither has the price dropped enough and nor is there a significant level of fear in the market. I am going to wait before buying. Appreciate your feedback!
Kind of a dumb questions but I just wanted to make sure my emotions didnt out weigh my logic on this one. by iCantw84it 05.17.2021 @SavvyMoneyShow
Hi traders, Thursday was a pretty decent up day, ruined only by a bit of greed from my side in the AMD Short trade. But even after missing the best exit of the day, I squeezed a little extra from my typical RRR setting. The Trades: 1) NEO - LONG @28.35 - Unusual situation that I decided to go LONG into on the breakout pattern above 28.32. Sadly after the market...
Yep - the algos play out the addicitons of their masters to cheap money: low interest rates, REPO pumping, and the implicit guarantee from the FED. But an itty bitty virus that disrespects world leaders, has everybody flummoxed and reaching for safe havens. In this screencast I show a bit of algo action and some smaller time frame trends which can last for over...
In this screencast I set out why I think the NASDAQ is in deep trouble and uncertainty. This is truly beyond technical and fundamental analysis. I'm looking into the psychology of markets. There is a whole lot to fear in this market. Reality is catching up on fantasy. It's been a long lovely dream and the big boys have made their killing. They will not want this...
The DJI is approaching an all time high of about 278400. This market has become pretty volatile mostly at 30 - 50 minute charts. Although the DJI is pushing north madly, it is a market that is being moth eaten. It's instability is likened to a Jenga tower. The instability is also seen in trend switches down to the 5 minute level.