Boiler Room: The Official Stock Market Discussion

Domingo Halliburton

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Brooklyn Without Limits
They really banged the close at NYMEX there to push oil green for the day.

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88m3

Fast Money & Foreign Objects
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I'm just going to keep buying on the particularly down days to even out my losses for now.
 

GoogleMe

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I know I posted that bullish Morgan Stanley note earlier but the S&P 500 is still in a death cross.

good to keep in mind that because a death cross considers the 50/200D moving averages, its strength as a trading signal weakens during periods of high volatility. For example, if you pull up the daily chart of each major index you will see that the downside action preceded the death cross. it's probably more useful to examine the technical destruction caused to individual stocks within each respective index.
 
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