hungry_hippo

hungry_hippo

I've been preparing for a relocation, so haven't been trading. Looks to me like RSI is gonna hit oversold probably tomorrow, then a Friday bounce.

hungry_hippo Updated 

MFI overbought before Fed meeting minutes get released here in a few minutes.... I'm staying out. Movements are so small not everything is moving with the market. Too much guess work.

hungry_hippo Updated 

MFI went overbought, Fed minutes tomorrow Prob gonna just stay out this week

hungry_hippo Updated 

Looks like sideways chop, my board is a mixed bag Staying cash for now.

hungry_hippo Updated 

Heh, slept in today Anyways, MFI headed to oversold and all we get is a small dip. Chart seems to be pointing at going long on Monday, so I'll wait until Monday.

hungry_hippo

At this point you gotta figure the daily is gonna go overbought before this stupidity ends, lol. My 3hr indicators should go oversold Monday, guess I gotta go long.

hungry_hippo Updated 

Looks like toast, lol. I revised the bear flag target based on the pump last Friday. CAT got an earnings gap fill and is dropping now. The fact that PCAR didn't fill its earnings gap makes me very bearish, it's filled every gap since COVID. Feels like it's topped out.

hungry_hippo Updated 

CRazy... way overbought and looks like a melt up. Got stopped out of my puts for even money, but I made plenty on the CPI pump so I'm done for the week. Not gonna short anything on Ponzi Friday. I'm not into chasing an overbought market, see ya guys Monday.

hungry_hippo Updated 

And now we're overbought on RSI and MFI. Dumped everything before I wrote this post. Made $4k on this stupid pump by going long yesterday, might take some of that and play for the dip tomorrow, but did well for a quick one day trade so might call it a week and go back to working on projects at home.

hungry_hippo

MFI went oversold and all we got was a gap fill, not even a dip. I guess they want to pump inflation numbers Wed morning, might day trade on the long side tomorrow.

hungry_hippo

Got stupid overbought and only a small dip today. I'll just wait it out and see if it cycles to oversold. Decided to relocate so I've been busy trying to finish up projects at home. Don't really have time to watch the market.

hungry_hippo Updated 

Oversold on the daily but no traction on a big up day for the market. Quit frankly higher unemployment is bad news, not good news. PCAR typically trades with the news, unlike the rest of the market, lol. But regardless, I'm beginning to think it loses the support next week and has yet another leg down. It's looking like a dead play now.

hungry_hippo

Overbought on RSI and MFI, I would expect at least a dip tomorrow

hungry_hippo Updated 

Not overbought yet. Looks like Monday will be a pump and dump day. I guess I should have more faith in the market that they'll find a way to pump AAPL on bad earnings, lol. Not feeling very bullish because earnings didn't justify valuation, and my favorite stock, PCAR, is still dropping, lol.

hungry_hippo Updated 

They beat on earnings but barely. Substantial selloff in terms of price, but not volume. Almost hit the bear flag target, and it's oversold on the daily with positive MFI divergence, but I'm gonna wait until tomorrow to see if it hits my target before going long. If it doesn't I'll skip the trade.

hungry_hippo Updated 

Looks to me like the algos are going for the pump and dump. Gap direction will depend on AAPL earnings though so I'll wait to see what happens. MFI probably hits overbought tomorrow either way

hungry_hippo Updated 

Indicators are neutral but MFI rapidly approaching overbought. Quite frankly, I'm bearish on AAPL earnings this afternoon anyways

hungry_hippo

WTF was that? LOL, Powell pump and dump in just one hour. I know I keep saying Fed days always whipsaw, but that was ridiculous. Futures up a little on QCOM earnings, Europe might bounce overnight, sold of hard this morning, more whipsaw. Anyways, it messed up the indicators, so no trading until things go overbought or oversold. Taking the rest of the week off.