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All Comments (13954)
Feb 11, 2022 12:17PM ET
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Can we call it trantum? NO. Bulls rally? NO. Bears rally? NO. Reversal? NO. Then why? Brrrrrr
Feb 11, 2022 12:17PM ET
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The trantum will drive us to 13700 with a single daily candle. That is my trantum. LoL. Corporates want to save its value.
Haihui PeNet
Haihui PeNet Feb 11, 2022 11:59AM ET
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I'm in buy starting with 14570, this looks at least as a rejection minimum 50 points up from the support area.
Joaquim Chamorro
Joaquim Chamorro Feb 11, 2022 11:59AM ET
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14568
Joaquim Chamorro
Joaquim Chamorro Feb 11, 2022 11:59AM ET
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hehe we'll see, there's a lot of room downside :(
Haihui PeNet
Haihui PeNet Feb 11, 2022 11:59AM ET
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Yes, I'm risking small volume on buy. Small loss if it goes down, I have a SL. I have a strange feeling that this day might end positive. Pre-market mood was great, pulling up 200 points. Maybe Wally is in a good mood also, considering that today is Friday and usually Friday is a green candle.
Haihui PeNet
Haihui PeNet Feb 11, 2022 11:59AM ET
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Joaquim Chamorro  Go now for buy small volume, minimum take profit at 14630
Frank Musso
Frank Musso Feb 11, 2022 11:56AM ET
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It looks to me like we'll get a buy signal on Monday the 14th.....
Haihui PeNet
Haihui PeNet Feb 11, 2022 11:54AM ET
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Signs of possible reverse up of the trend. Microsoft, Facebook and Tesla look like they bottomed in downtrend and now they try to reverse. I'm not sure about Apple, which situation is still uncertain.
Warren Ducatz
Warren Ducatz Feb 11, 2022 11:31AM ET
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Not touching this rn
Mark Brovchuk
Mark Brovchuk Feb 11, 2022 10:58AM ET
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Its a real battle now
punam rathod
punam rathod Feb 11, 2022 10:46AM ET
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buy or sale?
CA Hoftijzer
CA Hoftijzer Feb 11, 2022 10:24AM ET
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I need this at 15000
yaacov Kruetzfeld
hopper Feb 11, 2022 10:15AM ET
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Should I go ling 14600?
yaacov Kruetzfeld
hopper Feb 11, 2022 10:15AM ET
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*long
Emmanouil Topouzoglou
Emmanouil Topouzoglou Feb 11, 2022 10:15AM ET
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yaacov Kruetzfeld  no. the nas is melting dont u see?
yaacov Kruetzfeld
hopper Feb 11, 2022 10:15AM ET
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Well it can reverse
yaacov Kruetzfeld
hopper Feb 11, 2022 10:15AM ET
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but I agree it's pure gambaling now
yaacov Kruetzfeld
hopper Feb 11, 2022 10:15AM ET
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So should I go short at 14700?
yaacov Kruetzfeld
hopper Feb 11, 2022 9:56AM ET
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its going down I'm getting timber
Haihui PeNet
Haihui PeNet Feb 11, 2022 7:40AM ET
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Swing trade interval at this moment. I placed a  buy at 14645 with first option in take profit at 14740.  If there will be a rejection from 14740, I would go for sell until 14650, if not , I will just keep the buy opened to se what happens at 14800 area.
Haihui PeNet
Haihui PeNet Feb 11, 2022 7:40AM ET
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looks like the market mood in pre-market is bullish, I keep my buy open until Wally opens, maybe there is a chance to reach 14800.
Emmanouil Topouzoglou
Emmanouil Topouzoglou Feb 11, 2022 7:40AM ET
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what impact are we expecting from the news in 25mins?
Haihui PeNet
Haihui PeNet Feb 11, 2022 7:40AM ET
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Emmanouil Topouzoglou   If the Consumer sentiment will be lower, that is a sign of possible lower inflation. I should take it as positive for NAS. But as it is not the only report Feds use, I'm not expecting a significant uptrend, still a bearish movement for NAS or a swing between an interval or 200-300 pips. But the mood was good in pre-market, the index grew with 200 points. If Wallstreet has the same good mood, we can see another 200 points up. Let's watch :)
Mark Brovchuk
Mark Brovchuk Feb 11, 2022 6:24AM ET
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FED announced a closed meeting on 14 feb. Bullard proposed a 100 bp rise by July. Insert a meme here
Haihui PeNet
Haihui PeNet Feb 11, 2022 6:24AM ET
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Bullard's view is too hawkish, they will destroy the economy with 1%  rise in such a fast pace, especially because you cannot mix rate hikes with tapering program. Most of the medium and small companies will die instantly. I think they will apply first a 0.25% rise, which is already ingested in the markets and see what the inflation does after that intervention, possibly also to alternate tappering with rate hikes.
Haihui PeNet
Haihui PeNet Feb 11, 2022 6:24AM ET
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There are already indicators which can be translated in a decreasing  inflation, like consumer sentiment reports which is showing a decrease of the willing to spend money. I also seen a non farm payroll report in previous weeks which was showing an increase in number translated further in a decreased inflation. So they need to carefully check all the data because the inflation might decrease naturally in the next months and pushing inflation down with aggressive rate hikes will produce a real shock in the economy.
Petet Larkar
Petet Larkar Feb 11, 2022 6:24AM ET
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stop the bond buying now.. raise by .5 in March. .25 increments to follow based on data.
Tina Tina
Tina Tina Feb 11, 2022 5:47AM ET
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any predictions for today
Haihui PeNet
Haihui PeNet Feb 11, 2022 5:47AM ET
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14850 is max potential up fore today. On the downside I think it will test again 14450 area. I don't know where it goes first, I think first will go up and the down trend will be at the end of the session. Intermediate resistance up 14750 (possible point for take profit on buy in a safer zone). Intermediate support down 14560 (normally it should break this support and go for 14450 to reconfirm the downtrend). Those are the channels on which I will trade today, so that's my view at this moment! Cheers!
Petet Larkar
Petet Larkar Feb 11, 2022 5:47AM ET
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unfortunately a capitulation event is on the cards..aapl at 165
Haihui PeNet
Haihui PeNet Feb 11, 2022 5:47AM ET
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Hi Peter! Yes, i believe also Apple needs to retrace down more first (under 170$ anyway). in order to gain some momentum for a re-try to pass the resistance at 175.5$. This retracement will pull down the whole index.
Mark Brovchuk
Mark Brovchuk Feb 11, 2022 5:08AM ET
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First time i see market being so beaten up for so long. Kind of a pleasure to see, but cmon maybe we start ath already?
Mat Mat
Mat Mat Feb 11, 2022 4:19AM ET
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Nas was on good way above 15000 but today it will be impossible to recover the loses all sellers now booking profits :))
Reed kane
Reed kane Feb 10, 2022 10:50PM ET
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SQQQ could be up another 7% tomorrow. More if FED announces early rate increases.
kevin john
kevin john Feb 10, 2022 6:56PM ET
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Part of me is worried tomorrow will sell off but it pushed up quite a bit into the close. Buyers were aggressive
Codrut Chiruta
Codrut Chiruta Feb 10, 2022 6:01PM ET
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10y yield close to 2.05%, quite a big value. Last time this happened the drop was close to 800 points on Nas, and 2000 pts on DJ, so trade carefully.
Joe Trader
SaveCapital Feb 10, 2022 6:01PM ET
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Yes . Short NQ.
Ahmad Graiz
Ahmad Graiz Feb 10, 2022 3:55PM ET
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all of this without the rate increase!!
Show previous replies (2)
Haihui PeNet
Haihui PeNet Feb 10, 2022 3:55PM ET
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Rate hike means that all the banks will increase also their interest rate for credits. As we all know, US economy is based on credits, some people getting in debt at banks for 60 years. Americans buy anything on credit mostly. Also the companies will get an increase in interest when searching for finances at banks, which leads to margin decrease, resulting in profitability decrease. Stocks are also affected, first of all because the sales might decrease if the "credit card" is more expensive for customers and secondly because if the company will need to borrow money from banks at a higher interest rate...and that cost they will either transfer to customers, or assume a lower profitability rate. Any rate hike will generate losses or decrease in profitability, big stocks companies will survive as they usually have a strong cash flow position and they can get credits more easier and with better conditions, but medium and small companies will suffer or even get bankrupted.The $ will become also strong as *** you can see it already in currency pairs.I hope the explanation is easy enough to understand.
Mustafa Elfeky
Mustafa Elfeky Feb 10, 2022 3:55PM ET
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Thanks Haihui PeNet for taking the time to explain. This was useful
Haihui PeNet
Haihui PeNet Feb 10, 2022 3:55PM ET
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In my oppinion big tech companies will do just fine with almost any rate increase, even if they won't get to the forecasted revenue but they will still be profitable. The issue is that FEDs must play carefully with rates, the economy is very sensitive to big changes in rates and many sectors can collapse or get unexpected losses (house sales on credit for example is one of the most sensitive, it affects people which will loose probably their houses and banks which are gonna end up with a lot of buildings in their possesion without knowing for sure if they can recover the credit value by selling them, of course, because the population won't afford anymore to get credits and buy new homes).
Codrut Chiruta
Codrut Chiruta Feb 10, 2022 3:55PM ET
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Haihui PeNet issue with tech companies is that they are the most affected by rate increases. Tech companies operate on low margins and majority of them low to no profitability ( not talking about giants like Meta or Apple, but other companies which are still part of Nasdaq ) as all money is invested in growth. Those that don't have secured cash, will be hit the most.
Emmanouil Topouzoglou
Emmanouil Topouzoglou Feb 10, 2022 3:55PM ET
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Haihui PeNet  so the bottom line is that cheap money now that increased the value of the X stocks..now gets more expensive and the stock's price is adjusted accordingly?
Frank Musso
Frank Musso Feb 10, 2022 3:34PM ET
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My read is more down tomorrow and then possible reversal on Monday.. THought we would drop 400 + points today, but think it won't now.. :)
Frank Musso
Frank Musso Feb 10, 2022 3:34PM ET
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WOW!!!! I was right today Boys!!! LOL!! hehehehehehe!!!
Zukile Mzamo
Zukile Mzamo Feb 10, 2022 3:25PM ET
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the sell was just a retest of the 4hour breakout
shayan khan
shayan khan Feb 10, 2022 3:25PM ET
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tom is a sell too.. better you sell..
Emmanouil Topouzoglou
Emmanouil Topouzoglou Feb 10, 2022 3:25PM ET
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I think it's a huge drop
shayan khan
shayan khan Feb 10, 2022 3:25PM ET
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sell is always big.. don you know?... and the bad news is that it continues.. lol..
Zukile Mzamo
Zukile Mzamo Feb 10, 2022 3:25PM ET
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shayan khan  keep selling we'll see
Zukile Mzamo
Zukile Mzamo Feb 10, 2022 3:25PM ET
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Reed kane
Reed kane Feb 10, 2022 3:16PM ET
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Buyers keep getting trapped in this market. The trend is down from here.
Zukile Mzamo
Zukile Mzamo Feb 10, 2022 2:50PM ET
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Buyers are back the market is buyers reep rewards
shayan khan
shayan khan Feb 10, 2022 2:50PM ET
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your account is next.. unless you have really good back up of supplies
Zukile Mzamo
Zukile Mzamo Feb 10, 2022 2:50PM ET
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shayan khan  ur indicator is wrong ll.. respect trendlind
evren firat
evren firat Feb 10, 2022 2:43PM ET
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you should never short nasdaq,always buy dip.if u want to make money in nasdaq l recommend you to buy/scalp
shayan khan
shayan khan Feb 10, 2022 2:43PM ET
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who told you dat... didnt you hear buy less and sell more.. try sometimes.. i mostly make money in sell.. very hard on buying..
shayan khan
shayan khan Feb 10, 2022 2:07PM ET
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tom will be a ____ day? 1 dollar question..
 
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