Today's Market September 2021

Market doesn’t like me. Mostly green except those I owned a bit, MTTR, MU, PLTR and RBLX.

It’s very close to dropping below the support level it is dancing around now. Even today’s good news didn’t bring it up. It was STFR moment. I think we have to revisit SPX 200d MA and see what happens. Staying almost all cash but i’ve been buying some puts on rips just for fun. :warning:

Barron has a story today:

Stocks Had a Bad September. October Might Bring More of the Same

1 Like

Good sign:

It will be under 20 by next week. Bullish! :wink:

Some people have been selling calls.

@manch has forgotten FGI dropped to almost 0 during the Feb/Mar 2020 dive.

25 is closer to 0 than 100. We are closer to the bottom than the top.

Knox has been saying we are almost done with the 4th wave. How come I don’t see you post your homework?

Knox has nothing better to do, from the high level perspective, nothing has changed since my last post.

Why is Josh followed me into MTTR and UBER, tell him to stop doing that.

What is wrong with everyone. Using same language like “downturn confirmed with bearish level” Is bear market coming 6 month sooner?

While growth stocks are hammered, ex growth now re-opening economy stocks like ABNB and UBER are doing very well. I own both :money_mouth_face: If millennial @Boolean think they are good, they are good.

indexes have stopped sliding. Al most all newspapers yesterday (barrons, IBD , MW etc) were full of advice on the downside. But, most selling have been happening in the afternoon.

Septem-bear is over. Now is Octo-b…

After shaking the stock market, TNX (10 years US treasury) is on decline again.