The indictment announcement is due out in about a half hour in D.C. and until that's announced, it's hard to see this market charging ahead. I thought that yesterday the gloom was leading to a reversal but it just never caused a lift. It's Friday and we may see it today as we have traded lower off that early enthusiasm. Very hard to gage intraday. No bias.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
You can add comments by clicking on the comments link below any posting.
- The little HS pattern failed and now we are seeing...
- The SPX seems to be carving out a little inverse H...
- They are showing a nice spike to start the day but...
- Yesterday was dreary and they took these markets r...
- That was ugly and after hours doesn't look much be...
- Well, we are there again; at the inflection point ...
- The disgust and ugly trading continues and it has ...
- This market looks and feels very ugly this morning...
- The market continues to struggle. I've been riding...
- When you look at the market, you can do so from di...
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