If prices don't deteriorate too much this afternoon the signal could be treated as xHL. Both of those have been playing OC well lately in any case. There is some consensus for being long through the close tomorrow. IF CO is negative c2 will happen which is a buy but that conflicts with x30 which… Continue reading 3/1/21 Afternoon Signals x30(xHL)/c2>o3
Day: March 1, 2021
3/1/21 GME
There was a SeekingAlpha story on GME awhile back that was headlined "Charts Useless..." I commented that was a dog bites man headline, "Charts Useful..." is the man bites dog arrangement. 40 was obviously an important number after the January decline, just because of the five days it hung around there in mid January. The… Continue reading 3/1/21 GME
3/1/21 Current Signals x00/c2
On 11/24/20 an investor might have looked at the three month numbers starting from 8/27 and decided to buy IWM and IJH because they had the highest CC return. That would have worked. However, they are the worst performers in the 63 day period prior to 8/27. In this case, the decision was a pleasant… Continue reading 3/1/21 Current Signals x00/c2