Well, I moved my stuff into storage, and sold my house in WA. Gold looks topped out (or close enough that I don't want to play it any more), so I'm back in the stock market again.
I noticed today that a bunch of crap stocks like RH bounced today after a selloff the last week or two. One that caught my eye today is AFRM. They actually make money now, so I think it'll follow through nicely on the bounce today. Bought some calls and stock mid day while it was in the bull flag.
The EUros are pumping the crap out of everything, so not gonna short anything. Not to mention if they get a budget deal done over the weekend, you'll see a big pop Monday. Both RSI and MFI hit overbought on ES and NQ on my 3 hr chart, but RTY did not hit overbought. I think there's a good chance small caps get pumptarded with Europe breaking out since RTY hasn't hit all time high (ATH) yet. (Marked on chart)
Can't promise I'll post often, but I will post when I see something. I don't recommend shorting anything until the budget deal gets done.
The biggest indicator that the market is pumping crap stock is ARKK climbing, lol.
I noticed today that a bunch of crap stocks like RH bounced today after a selloff the last week or two. One that caught my eye today is AFRM. They actually make money now, so I think it'll follow through nicely on the bounce today. Bought some calls and stock mid day while it was in the bull flag.
The EUros are pumping the crap out of everything, so not gonna short anything. Not to mention if they get a budget deal done over the weekend, you'll see a big pop Monday. Both RSI and MFI hit overbought on ES and NQ on my 3 hr chart, but RTY did not hit overbought. I think there's a good chance small caps get pumptarded with Europe breaking out since RTY hasn't hit all time high (ATH) yet. (Marked on chart)
Can't promise I'll post often, but I will post when I see something. I don't recommend shorting anything until the budget deal gets done.
The biggest indicator that the market is pumping crap stock is ARKK climbing, lol.
Uwaga
Europe went red, but small caps still higher before open than SPX and NDX. We could see some sector rotation today since it's Friday.Uwaga
Well, I was right about sector rotation and small caps outperforming NDx. I got out after lunch, obviously I did not maximize my profits, but I thought we'd get a melt up not a selloff.Uwaga
I was right that the RSI indicator would go overbought....
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