The market was very bullish yesterday earlier when it opened. Stocks were pretty hot and many stocks tried to run as much as possible. From the Top 30 Volume, many counters were flashing for a buy while some stocks moved past 5% as the market was factoring Trump returning to the white house and he's ready to start work. My stock value was up from $2,000,000 to now $3,000,000 as post on my Instagram as shared on the video below. Soon later at 2.48am, Trump went nuts, he announced that he's rejecting the Stimulus plan and the whole market slumbered and sold off big time. The Dow was trending beautifully and all of a sudden, the trend shifted while everything went haywire. However some stocks maintained it's posture with strong foot holdings. It did not drop as much as what I thought it would. Election is coming and expect more market volatility like this to happen. Trading in a volatile market can be extremely rewarding if you can read the charts pivotal turning points.
Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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