@Asphen:All set for PCE pump or dump!! Will it be 407 or 396? - Sideways movement on Thursday in anticipation of Friday PCE - Thursday saw a "controlled" sell channel finding support at 402 and then ended up strong on a "controlled" buy channel (See 5mins chart) - MA5 pulled away from MA20 (bullish) - MA5 and MA20 will become support for any downdraft - That's why support will be good at 400 (MA5/50 confluence) and 396 (MA20) - A good PCE would probably gap up at open to 407 and make its way halfway through 407-416 range. Likely 413 resistance first. - A bad PCE means 400 and then 396. Overall, bullish for me as MA5 and MA20 reference. Will liquidate my long positions if 396 is broken. @TigerStars
@EmilyMark:$Alphabet(GOOG)$$Alphabet(GOOGL)$ Nokia$Nokia Oyj(NOK)$ and blackberry$BlackBerry(BB)$ were kings until apple disrupted the game. Remember you had to buy a phone and still the switch was fast..edge is free. Chatgpt is a gamechanger and the switch will happen fast. Microsoft$Microsoft(MSFT)$ will incorporate it into office.. the operating system and search. Google is in trouble
@kytphine:Ukraine war: How Germany ended reliance on Russian gas When Vladimir Putin switched off the gas taps to Europe, Germany more than most feared a winter of blackouts. Ministers scrambled to secure alternative supplies, painfully aware that a heavy dependence on Russian gas had left this industrial nation woefully exposed. But fast forward a few months and, as lights sparkle in the Christmas markets, there is a sense of tentative optimism in the Glühwein spiced air. Germany's hastily assembled strategy to manage without Russian gas appears - for now - to be working. "Energy security for this winter is guaranteed," the Chancellor Olaf Scholz told MPs in the German parliament on Wednesday morning. Not only are the country's gas stores full; the result, in part, of a frantic - and expensive - bu
@Charlesqkw:$Bloomberg Crude Oil Bear 2X ETF(SCO)Considering to add more! Oils need to go to acceptable level before the market can turn around. Citigroup mentoned possibly of $65/barrel so there is still a big downside for oil!