Just Like clockwork...

[wingchaser]

C'mon stocks, make me a believer that you wanna go UP...

I "so" want to get back into the market (again)!!!

Best of Luck (everyone) in all you choose to endeavor!!!

Hey Wingman - I've learned not to make predictions on price moves but what do you think of this:
1) SPX bounce back up to 510 next week
2) then quick leg down and consolidate around 470 through early June

<INSERT 10-DAY CANDLESTICK VIEW OF SPX HERE>

My insert function is failin’ me for some reason…

This chart looks absolutely “nasty”, we almost need 3-5 consecutive UP days for assurance that this market wants to turn around…

I would stay in Cash (with your 6 & 7-digit accounts) until the market convinces us otherwise!!!

Though, I think your prediction of 470 in late May (or early June) looks almost probable @ this point, BLOOBSTERLY…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Looks like the market wants to scream higher from here & I think I’ll let it. Movin’ all into C FUND…

Of note: The ever powerful SIG is movin’ all into “S”…

Best of Luck (everyone) in all you choose to endeavor!!!

[bloobs]

Of note: The ever powerful SIG is movin’ all into “S”…

The even more powerful Fred is moving into C, if that makes you feel better

[wingchaser]

Of note: The ever powerful SIG is movin’ all into “S”…

The even more powerful Fred is moving into C, if that makes you feel better

Lol

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

For the record, I’m all “in” with my ROTH in

Direxion Daily Semiconductor Bull 3X Shares (SOXL)

Don’t like the CONSOLIDATION (here), however…

Somewhere near 50 would be nice, though probably wishful thinkin’

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Hey Wingman - I've learned not to make predictions on price moves but what do you think of this:
1) SPX bounce back up to 510 next week
2) then quick leg down and consolidate around 470 through early June

Bloobsie:

You nailed your 510, how about (maybe) 525?

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Question becomes, “Do I go overnight with my remainin’ 50% with the Direxion Daily Semiconductor Bull 3X Shares (SOXL)?”

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

Jimbo (JIMCASADA) is such an astute Investor!!!

Best of Luck (everyone) in all you choose to endeavor!!!

[jimcasada]

Thanks, wing. I have been paying greater attention to my TSP since I retired last June. My real TSP is up about $120k since then too. Right now I'm thinking I should go back to G today. "Sell in May and go away" is what they say. I got a feeling that this latest bounce may be short lived, but I have another ITF I could use before the end of the month.

[bloobs]

Thanks, wing. I have been paying greater attention to my TSP since I retired last June. My real TSP is up about $120k since then too. Right now I'm thinking I should go back to G today. "Sell in May and go away" is what they say. I got a feeling that this latest bounce may be short lived, but I have another ITF I could use before the end of the month.

I'm thinking about dedicating a five-figure amount from one of my brokerage accounts following your moves. No pressure Jim

[wingchaser]

Jimbo (JIMCASADA) made the move back into the safety zone, just as the SPX hits it 50-Day SMA rather abruptly…

Should there be any CONTINUATION, we may get another 2-3.%…

Wishful thinkin’ (perhaps)!!!

SPINNING TOPS (at a peak) tend to be concernin’, even with a rather strong GAP UP Move…

Best of Luck (everyone) in all you choose to endeavor!!!

[jimcasada]

Why I'm still afraid of Mondays: https://www.federalreservehistory.org/e ... sh-of-1987

[wingchaser]

Serious RESISTANCE @ 5,200 & 5,300, after that…

The sky’s the limit!!!

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

The move have been to take half off the table & lock in short-term profits. Don’t like the action (here) @ an apparent top…

Best of Luck (everyone) in all you choose to endeavor!!!

[wingchaser]

For all those Day Trader’s out there, a TRIPLE BOUNCE off 5,214 & three (3) associated Long Upper Shadow Candlesticks, “invariably” (& I use that word loosely) will depict a correction in Upward Momentum…

Best of Luck (everyone) in all you choose to endeavor!!!