We are rallying in the premarket with the 25 bp rate hike from the ECB. It was expected, but the European markets are rising on the news. The overnight rallies just don't stop. I figured we were due for a gap down but you don't win betting on gap downs in a bull market. You get crushed that way.
This gap up probably makes the intraday trading today a snore fest. So just watching here.
skip to main |
skip to sidebar
Twitter Feed
Blog Archive
-
▼
2011
(417)
-
▼
04
(40)
- Another Momentum Market?
- Tops Take Longer
- Bullishness
- Good News Fed
- Nothing New
- Ignoring Inflation
- No Fear
- Resistance Weakens
- ES is Dead
- Europe Closed
- Marginal New Highs
- Never Say Die Bulls
- What I Suspected
- Monster Gap Up
- INTC Blowout Earnings
- Kicking Cans
- Are We Downtrending?
- Back to the PIIGS
- Flood of Earnings
- Mixed View
- No More Vs
- Gap Up Signal
- This Selloff
- Europe Outperforming
- Collateral Damage
- Gapping Down
- Oil Down, Budget Deal
- Gap Down Signal
- Dollar Downtrend
- First Dip
- ECB Rate Hike
- Inflation is Transitory
- Ready To Breakout
- Rate Hikes and Downgrades
- Technical Analysis is Not for Me
- Distrust
- Time for Consolidation
- Reaching Saturation
- Dip and Run Comes Back
- Still Constructive
-
▼
04
(40)
Search This Blog
Stock Twits
Posts
Followers
Favorite Books
About Me
Disclaimer
The information contained on this website and from any communication related to the author's blog is for informational purposes only. The analysis and commentary do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading or investment strategy. The materials on this website do not constitute an offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.
No comments:
Post a Comment