As soon as the machines stopped buying, the market fell.
Pascal
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Printable View
As soon as the machines stopped buying, the market fell.
Pascal
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Markets fell on the non confirmed news that there will be some restrictions to trading Chinese firms in US exchanges. This is of course a negative for the said Chinese firms, but in general, I believe that money will rotate out of the China related sectors... if this has not been done yet.
Health care stocks look interesting here... But algos first have to deal with the general liquidity withdrawal before positions can safely be rotated.
Pascal
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Higher prices are attracting money today. markets will continue higher.
Pascal
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No selling during the pullback
Pascal
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It does not look good when the market bounces without large players supporting the bounce.
Pascal
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This baby does not behave well today.
We'd need a heavy hand to buy this afternoon so that the S&P500 does not close negative for January.
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Are markets bouncing because of this?
[url]https://www.tellerreport.com/news/2020-02-18---seventy-year-old-malaria-medicine-works-against-coronavirus-induced-disease-.BJlPzFK78.html[/url]
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Pascal
We are now close to the short level.
Pascal
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After turning to oversold yesterday, the market continues being brutally down.
I am not courageous enough to buy here.
Pascal
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Some negativity still perceptible here: when the market pulls back, large players are eager to sell fast.
Pascal
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