Investing General Discussion

Jysin

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Crazy how there is no limit of time how long trend lines come into play. Here is a Macro line all the way back to 2000 dot com top through 2021top.
Then a 5min seeing how it still gets interacted with today.

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Jysin

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The Weekly chart shows how it has acted as resistance / support multiple times as well.

Just some technical analysis stuff that always fascinates me.

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Captain Suave

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Just some technical analysis stuff that always fascinates me.

I'll be really interested to see if trend-based technical analysis continues to provide explanatory power in the next 50-75 years as the populations of the major powers stabilize and possibly contract. I've never gotten deep into the philosophy of technical trends, but they do seem to be a compression of certain fundamental economic parameters describing growth.
 

Arden

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I'll be really interested to see if trend-based technical analysis continues to provide explanatory power in the next 50-75 years as the populations of the major powers stabilize and possibly contract. I've never gotten deep into the philosophy of technical trends, but they do seem to be a compression of certain fundamental economic parameters describing growth.

Jesus man, how old are you? 15?
 

Captain Suave

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Agreed, but I don't think you'll be here in the year 2100 to find out, unless you're way younger than the average age on this board.

I'm 46. I do economic modeling and optimization for heavy industry (capital investment, etc.). Noodling about the future is a professional requirement.
 
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Il_Duce Lightning Lord Rule

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Blazin Blazin 's take a few days ago was that if we get a good Friday, it means bulls have retaken the sentiment lead in the market.

It looks like today is a pretty good confirmation of that assessment... do we agree?
 

Cad

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Blazin Blazin 's take a few days ago was that if we get a good Friday, it means bulls have retaken the sentiment lead in the market.

It looks like today is a pretty good confirmation of that assessment... do we agree?
Don't fucking jinx it! Markets aren't closed yet.
 
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Il_Duce Lightning Lord Rule

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Don't fucking jinx it! Markets aren't closed yet.
BREAKING: "In local news, a local man caused a cascading failure and halt down today in the stock market by predicting it was going to be a good day 15 minutes ahead of the final bell at 4pm."
"I don't know what I was thinking!" replied the man when asked for comment.
 
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Cad

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BREAKING: "In local news, a local man caused a cascading failure and halt down today in the stock market by predicting it was going to be a good day 15 minutes ahead of the final bell at 4pm."
"I don't know what I was thinking!" replied the man when asked for comment.
That would rank pretty low on the crazy market news we've heard this week, honestly.
 
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Haus

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Well, with the markets closed now...

Yes, we closed friday in the green overall. But I don't think it was in the green enough to justify calling a significant bullish tidal shift, IMHO. We didn't recover to Wednesday's high for instance. So I'm not calling the "absolute win" here. But definitely better than a poke in the eye with a stick.
 
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Rangoth

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So Sanrith Descartes Sanrith Descartes will laugh at me and I may eat crow, but I bought some puts on UNH today. The thing has rallied insanely for 4 days in a row, is way overbought and above all reasonable technical indicators. I am not claiming I think the stock is a bad long term investment or is doomed overall, but I believe it is due for a minor correction to get back in the BB and slow the upward angle.

i would sell at any profit Monday(probably set a trail or just be happy with whatever) or at a loss on Tuesday or Wednesday at the latest. Looking for quick flip. Of course it up in the after hours already too. /sadpanda
 

Sanrith Descartes

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So Sanrith Descartes Sanrith Descartes will laugh at me and I may eat crow, but I bought some puts on UNH today. The thing has rallied insanely for 4 days in a row, is way overbought and above all reasonable technical indicators. I am not claiming I think the stock is a bad long term investment or is doomed overall, but I believe it is due for a minor correction to get back in the BB and slow the upward angle.

i would sell at any profit Monday(probably set a trail or just be happy with whatever) or at a loss on Tuesday or Wednesday at the latest. Looking for quick flip. Of course it up in the after hours already too. /sadpanda
Not gonna laugh at all. I was actually looking at it when it crested $600 today and thinking about trimming, locking in profits and then rebuying if it dips back down. Its still got some significant headwinds in terms of govt looking into their Medicare billing and a relatively new CEO. I think one of things that has been pushing it higher is that its one of the few industries where the whole tariff things doesn't really bite them in the ass and lots of people see it as an undervalued safe harbor for now.
 
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Kithani

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Not gonna laugh at all. I was actually looking at it when it crested $600 today and thinking about trimming, locking in profits and then rebuying if it dips back down. Its still got some significant headwinds in terms of govt looking into their Medicare billing and a relatively new CEO. I think one of things that has been pushing it higher is that its one of the few industries where the whole tariff things doesn't really bite them in the ass and lots of people see it as an undervalued safe harbor for now.
They also quietly got a 5% increase for their medicare disadvantage plans this week
 
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Blazin

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I rate the close to the week a B. Could have been better could have been a lot worse . Bull goals next week crush the shit out of the vix reduce daily vol, stair step higher . Low of the week needs to be >5200.

my general lean is that we are in a bear market .
 
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