Originally Posted by Rain Man:
I saw an article the other day about a site that reports the investments of people in congress. They're required to report their transactions regularly, so it's public knowledge. People have started mirroring Nancy Pelosi and are making good money doing it, because somehow Nancy Pelosi is magic at understanding which stocks will do well. I'm kind of intrigued and noted to myself that I should go find that site.
Granted, it's always possible that a phenomenon like this feeds itself. If a bunch of people pile in and buy the same stocks, then those stocks will go up. But I'd be surprised if a specialized site like that could produce that type of volume.
Originally Posted by Taco John:
Invest in XRP while you can. When the door on it slams, it will slam hard and make people wonder why they didn't at least hedge some.
Originally Posted by Taco John:
Invest in XRP while you can. When the door on it slams, it will slam hard and make people wonder why they didn't at least hedge some.
Originally Posted by Rain Man:
I saw an article the other day about a site that reports the investments of people in congress. They're required to report their transactions regularly, so it's public knowledge. People have started mirroring Nancy Pelosi and are making good money doing it, because somehow Nancy Pelosi is magic at understanding which stocks will do well. I'm kind of intrigued and noted to myself that I should go find that site.
Granted, it's always possible that a phenomenon like this feeds itself. If a bunch of people pile in and buy the same stocks, then those stocks will go up. But I'd be surprised if a specialized site like that could produce that type of volume.
Her husband Paul Pelosi is a money manager- go figure.
Her son or daughter is married to another politicians kid.
They are ALL hooked up and connected to suck off the governent teet. [Reply]
Starting to come into resistance that was set in early September on the SPY. We definitely formed a head and shoulders bottom but for the moment we could see a touch of selling. Volatility still continues to come out and the strength of the down trend is about gone. If we run into a top here or in the next few days I would look to buy into any dip with a stop loss below $425 on the SPY.
With all the inflation shit going on we may not extend a new leg of the bull run but could get in a trading range between $425 - $455.
The next positive sign for a new leg up would be the 20 day SMA pulling above the 50 day SMA. [Reply]
Another very positive sign is the NYSE A\D Line is breaking out above its previous range. That is a very healthy sign of buying across the board and not just in a few select names or sectors. [Reply]
Both indexes with very straight up gains recently and extended again from the 50 day MA. You notice many times these indexes get extended and the pullback to touch or come close to the 50 day MA (blue line).
