Post by
fearlessggg1962 on Mar 09, 2022 2:42pm
My stock indicators
Hello again,
Pretty well all my stock indicators are either starting to turn positively or has turned positive already. and on a day of really low volumes which I believe is very bullish but I have been wrong more than once here and it seems every time i open my mouth the stock price goes down but my accumulation/Distribution line has been on a straight climb since early July of last year except it went parabolic in the week of Jan 7 to the 12 and went back down and continued a slow accumulation.
I have been quiet lately but watching and I am expecting a very negative day tomorrow. Why? CPI numbers are coming out tomorrow and it will show high inflation and the market will turn very negative and all stocks will be taken down...... Let's see if I am right.
Take Care and don't let the market gyrations separate you from your DM's shares, the market has to recognize the good fundamentals of the company and if i knew when that will happen, I would not be here but on some spectacular Caribbean beach sipping on a nice cocktail. Oopps! Actually, I am on a beach! but not sipping any cocktails. LOL
Regards,
Fearlessgg
Comment by
dirtydzn on Mar 09, 2022 3:10pm
Could you please explainthe CPI aspect? I believe everyone knows that we're at 4.8% inflation and have for some time. Is there a new update to that tomorrow? Thanks.
Comment by
swyint123888 on Mar 09, 2022 4:22pm
Check out this for all the numbers to be released.....yes CPI tomorrow bls.gov/schedule/2
Comment by
dirtydzn on Mar 09, 2022 5:55pm
Oh ok, thanks. I was focused on the Canadian market. Thanks for your response.
Comment by
Shlinker_ on Mar 09, 2022 3:19pm
And when your stock is flat or down on days when the markets are up huge, that's not a red flag to you? But when the market is deep red, and your stock is deep red too it's just market volitility? Yikes. Get an investment advisor.