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| Looks Like The "Trump" Stock Market Rally May Be Over! | |
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| Tweet Topic Started: Feb 12 2018, 04:36 PM (1,046 Views) | |
| La Pasionaria | Feb 12 2018, 04:36 PM Post #1 |
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Oh well, as the old saying goes, "what goes up must come down." Seems like most of the "magic" of the "Trump stock rally" has by now dissipated. All one need do is look at a technical analysis chart and you'll see that the three major markets peaked on or about January 26, rolled over on the 29th, gapped down to a lower level on the 30th and then all tanked beginning on February 2nd and traded down on incredibly heavy volume for 5 of the next six days. The lowest down day was on February the 9th when the low of the day was within spitting distance of the market levels on Election day of 2017. Yeah the markets are all up today but the volume is nothing like that which materialized on the down days. I guess that the sugar high of the ill conceived "tax reform" and those big $1,000.00 bonuses some folks got just aren't all that special after all. Okay folks, it's back to reality. (Moved - MFAB) Edited by Coast2coast, Feb 12 2018, 09:45 PM.
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| Drudge X | Feb 12 2018, 05:21 PM Post #2 |
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+410.37 (+1.70%)https://finance.yahoo.com/quote/amzn?p=amzn +46.63 Edited by Drudge X, Feb 12 2018, 05:21 PM.
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| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 12 2018, 05:33 PM Post #3 |
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Amazon is but one stock among thousands. Now pull your head out of the sand and go look at market wide technical charts so as to get yourself a grip for God sake!
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| Robertr2000 | Feb 12 2018, 05:35 PM Post #4 |
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The "crash" will start in Asia and Europe, then the US will fall (Markets). Trumps fault how?
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| "if that **** wins we'll all hang from nooses" | |
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| Drudge X | Feb 12 2018, 05:36 PM Post #5 |
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Amazon, Google, Apple, Facebook, Priceline, and few other stocks are the barometer. You are truly hopeless. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| The Inquisitor | Feb 12 2018, 08:33 PM Post #6 |
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Incorrect Format for Op-Ed board "For the OpEd board we would like all outside Opinion content placed there but please title the topic the same as you would a News Board topic. In other words, there should be a linked opinion article and the title of that article should match the title of your topic. If you have an news article (from a news board eligible source) that does not qualify for the News Board due to age of the news item then you may place it in OpEd" Edited by The Inquisitor, Feb 12 2018, 08:34 PM.
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| Warning....Leftist's Post Here....Take Precautions | |
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| La Pasionaria | Feb 12 2018, 09:56 PM Post #7 |
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Your current diatribe is typical of a Trump apologist, and I suspect there will be much more of the same from the claque of Kool-Aid guzzlers who populate this site. It's obvious from what your touting that you are clueless as to how to assess the broader market. That said, Amazon, Google, Apple, Facebook, Priceline, are all part of the NASDAQ Composite and that index, like the Dow and the S&P 500 is off, all you need to do is stop denying reality and look at a chart. Net-net the markets are still off 7% even with todays dead cat bounce! Educate yourself and learn to read charts. |
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| Robert Stout | Feb 12 2018, 10:53 PM Post #8 |
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You obviously didn't get your $million on your own.....You must have married money like Elizabeth Warren....The stock market will quickly go back up after Yelen spooked it by wearing a Pu**yhat............
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| Jesus can raise the dead, but he can't fix stupid | |
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| Drudge X | Feb 12 2018, 11:28 PM Post #9 |
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The market has never been this high. Obama 8 years in office couldn't get the market into tbis euphoric mode. Thanks to Trump, my mutual funds, 401k and stock investments are up. Now what were prices for the barometer stocks a year ago...hmmmmm. :oyvey |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 13 2018, 07:20 AM Post #10 |
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Futures show another down day for today. European markets are all off as is Japan. Experts on CNBC today say that last Friday's lows will be retested. |
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| 70-101 | Feb 13 2018, 08:10 AM Post #11 |
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The rally's not over - if anything its expanding - simply because the markets and the financial institutions who's job use to be to help protect the integrity of the markets are slowly being deregulated. And, most importantly, the Foxes are guarding the hen house once again - so the upward trend will continue - at least for the foreseeable future. |
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| La Pasionaria | Feb 13 2018, 04:48 PM Post #12 |
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Nope, I made all my money myself, thanks for asking! |
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| Drudge X | Feb 15 2018, 10:09 AM Post #13 |
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Is the stock market ride over? For the past two days, I hear crickets. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 15 2018, 04:22 PM Post #14 |
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I see you still haven't learned to read charts. Look at the rebound, it's at about roughly 1/3 of the volume of the sell off, which means it's not as powerful as one would like to see so as to assure it's sustainability. Next look at the money flows and momentum, both are particularly weak for a rally. Lastly, the rally hasn't pierced the moving average of stocks which is where it was when the big sell off began. Please educate yourself. |
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| Drudge X | Feb 15 2018, 04:45 PM Post #15 |
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Apple is powering the DOW today. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 15 2018, 06:18 PM Post #16 |
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Once again you continue to display a lack of knowledge as to how the broader markets work. Instead of rushing to answer my rebuttals, perhaps you should spend some time learning technical analysis of stock charts. I assure you, your time would be better spent. |
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| Drudge X | Feb 15 2018, 08:51 PM Post #17 |
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The market up for 5 days straight.
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| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 16 2018, 05:12 PM Post #18 |
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NASAAQ off today and Dow and S&P just barely in positive territory. Stand by for another down leg. |
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| Drudge X | Feb 16 2018, 05:17 PM Post #19 |
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I accept your surrender. ![]() https://www.cnbc.com/2018/02/16/us-stocks-strong-week-volatility-rates.html |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| La Pasionaria | Feb 16 2018, 05:48 PM Post #20 |
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Looks like you still haven't taken the time to learn how to read charts, the volume today is still very much below that of the down days. Look at the Dow today, the index closed well off the intraday high, that shows a lack of broad market conviction. Same is true for the S&P which closed up a WHOPPING 0.03% Oh and don't forget the NASDAQ, off today, what happened to AAPL? It's off too!
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4:48 AM Jul 11