@TedHZhang@Deepvue I have the impression the Market health is not great with all the breakout failures , reversals and lack of follow thru. Indices draw a biased picture.
@TaPlot Just wondering why you bought GEV at the indicated point in the first place, considering the massive overhead supply from the huge gap down Jan 27th? π€
So far the #seasonality is living up to its reputation π what could be the next catalyst for the markets? Probably the #Fed conference September 18th. An U&R of the lows of August 5th is in play #SPX#SPY#QQQ#Nasdaq : https://t.co/4NMMUPBdBn
General Dynamics #GD with nice #VCP. Trading just below important century mark. There seems to be some supply coming to the market around 300 USD. Above all time high at 301.24 and the way should be cleared for the next leg higher : https://t.co/bDWRviaxW8
@NickDrendel@Deepvue Itβs remarkable how strong some stocks from the consumer staple sector have been (XLP). today PG and KMB stand out: New all time highs, closed near the high of the day, strong relative strength
After #PG another #consumer#staple (#KMB) with big breakout to new all time high. Relative strength, pocket pivot on Friday, right sector. What else can you ask for #XLP#SPY : https://t.co/hHrfq8NpoK
Procter&Gamble #PG with breakout. In June the breakout failed, then the stock reset, today its breaking out again. So far nice big green and bullish candle. Also, I like the relative strength with indices selling off and sector strength #SPY#XLP: https://t.co/UywVeqbhuH