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Heute mal wieder ein ganz böser Tag für alle Öl-Aktien. Nicht jeder Ölriese wird 10-15% Dividendenrendite nachhaltig zahlen können und auch Dividendenchampions können die Dividende streichen!
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Have a great weekend! $SPX Wasnt kind to top callers with its best week since Nov 2008. My plan/levels next week: We're at resistance of a rising wedge now noted by many. If sellers cant drop it right away, this will squeeze out more bears to 2855 then 2930 before a big pullback
The problem with the adage "you cannot fight the fed" is that, taken to its logical conclusion, stock prices no longer reflect value, profits or other underlying fundamentals, but rather are simply a function of the Fed balance sheet.
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#Cryptocurrency@bux
#SP500 Remember - we are seeing a bounce. Very likely a TRIANGLE before next decline towards 1800! May last weeks - and form the shape of abc-triangle or abcde-triangle. Take care!
We rallied 20% off the lows and no shortage of posts out there comparing this rally to the size of previous bear market rallies. History doesn't need to repeat exact same way & wouldnt trade on the assumption it does. 1hr bull flag now in $SPX which puts a test of 2650-70 in play