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Trading just ended in USA with the Dow solidly above 39 k and the sp500 above 5200. Nasdaq also advanced to just below record levels. Bullish is the word.
What a Walls Street.
What a Walls Street.
MrBear12 ( Date: 09-May-2024 22:51) Posted:
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The Dow Jones Industrial Average is climbing Thursday morning with shares of Home Depot and Caterpillar seeing positive gains for the price-weighted average. Shares of Home Depot and Caterpillar are contributing to the blue-chip gauge' s intraday rally, as the Dow is trading some 200 points higher (0.6%). Home Depot' s shares are up $4.93 (1.5%) while those of Caterpillar are up $3.99 (1.2%), combining for an approximately 59-point boost for the Dow. Also contributing significantly to the gain are Dow Goldman Sachs and JPMorgan Chase A $1 move in any one of the 30 components of the benchmark equates to a 6.57-point swing.
Dow looking set to move up as it consolidates around 39K.
SP500 is looking to hang on to 5,200.
Nasdaq is also slightly up.
So bullish market coupled with fearful sentiments.
Welcome to Walls Street!
Dow looking set to move up as it consolidates around 39K.
SP500 is looking to hang on to 5,200.
Nasdaq is also slightly up.
So bullish market coupled with fearful sentiments.
Welcome to Walls Street!
MrBear12 ( Date: 08-May-2024 00:06) Posted:
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Again, let me refer to the Dow futures charts put up on the trading floor.
Not talking about trading Dow futures, but there seems to be an interesting ascending channel forming as highlited by our respected forumer wavehunter.
I hope I am not trading what I want to see. But certainly there is cause for bullishness even when markets have been fearful of prolonged high interest rates in the USA. Company earnings have been overall good and the Dow is now trying to regain 39K, just 1K shy of the 40K bar. Elsewhere, the broader market SP500 index is also trying to reclaim 5,200 pts.
There is cause for optimism.
Time to sleep on it.
God bless America!
Not talking about trading Dow futures, but there seems to be an interesting ascending channel forming as highlited by our respected forumer wavehunter.
I hope I am not trading what I want to see. But certainly there is cause for bullishness even when markets have been fearful of prolonged high interest rates in the USA. Company earnings have been overall good and the Dow is now trying to regain 39K, just 1K shy of the 40K bar. Elsewhere, the broader market SP500 index is also trying to reclaim 5,200 pts.
There is cause for optimism.
Time to sleep on it.
God bless America!
MrBear12 ( Date: 05-May-2024 12:26) Posted:
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See trading floor post on djia chart. Today morning post
Very interesting... ...
Very interesting... ...
MrBear12 ( Date: 04-May-2024 10:52) Posted:
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Walls street has a positive weekly close despite a great fall.
So all the economic data could piece humpty dumpty back together again for its recovery to 39000
40000 is very much achievable this year as there is upward momentum on US stocks.
The sp500 alone has risen about 17 percent last six months in the hopes of a rate cut.
It's just a matter of time we see 40,000 and even higher.
But keep calm, and don't sell away in May.
Else regret you may.
No conviction on walls street.
https://www.wsj.com/livecoverage/fed-meeting-today-fomc-jerome-powell-may-2024
https://www.wsj.com/livecoverage/fed-meeting-today-fomc-jerome-powell-may-2024
Last week Dow finished strongly. But mid-week now the Dow is reversing its gains.
I have a bad feeling May is likely to be a sell in May and go away.
So I write to say how I feel as some on Wall Street are feeling.
But remember, sentiments change like the wind changes.
So be nimble and let the wind blow you gently
I have a bad feeling May is likely to be a sell in May and go away.
So I write to say how I feel as some on Wall Street are feeling.
But remember, sentiments change like the wind changes.
So be nimble and let the wind blow you gently
On its way with a strong finish to the week.
Very hopeful and not fearful
Very hopeful and not fearful
People are getting more fearful now.
Check below.
The fear has risen over the past few hours since US markets opened.
Fear and Greed Index - Investor Sentiment | CNN
Check below.
The fear has risen over the past few hours since US markets opened.
Fear and Greed Index - Investor Sentiment | CNN
I guess all eyes are on US markets now and how traders are fearful.
Sleep on it
and remember, most traders are moody fellows.
Moods change quickly.
Don' t let our moods be ruled by theirs.
It is their problem, not ours
Sleep on it
and remember, most traders are moody fellows.
Moods change quickly.
Don' t let our moods be ruled by theirs.
It is their problem, not ours
MrBear12 ( Date: 25-Apr-2024 21:12) Posted:
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What is the mood in the US equity market?
Check it out below!
Fear and Greed Index - Investor Sentiment | CNN
Check it out below!
Fear and Greed Index - Investor Sentiment | CNN
https://asia.nikkei.com/Business/Automobiles/Tesla-profit-falls-nearly-50-as-demand-and-China-headwinds-persist
Tesla profits slide.
Tesla profits slide.
https://www.cnbc.com/2024/04/23/tesla-tsla-earnings-q1-2024-.html
Tesla is stronger
Tesla is stronger
US economy is strong
Dow is back on track for 40,000.
Good earnings report so far propels dow upwards by more than 100pts.
After the bell, TESLA will report earnings and that will be interesting!
Happy trading
Good earnings report so far propels dow upwards by more than 100pts.
After the bell, TESLA will report earnings and that will be interesting!
Happy trading
Can you believe it, some are calling for Dow 50,000 ?????
When Will the Dow Jones Industrial Average Reach 50,000? History Suggests a Lot Sooner Than You Think. (msn.com)
When Will the Dow Jones Industrial Average Reach 50,000? History Suggests a Lot Sooner Than You Think. (msn.com)
Market is calling for 40K less than 4 years since it hit 30,000.
Will it hit tonite?
Will it hit tonite?