Market Overview

  • Premarket Up
  • BTC Down: Almost hit 14,000 last night before plunge. Could be healthy correction as long as it's holding above 11800. Current price 12000.
    • If break down 11800: Next stop 11000 then 10000.
    • I am not worried at all for the Long Term.
  • Gold Down
  • Bonds Down
  • Vix Up
  • US-China: What is that mean? "Tentatively agreed" on a truce.
  • BA: This dip could be a buying opportunity or what?
    • WSJ Article about yesterday's another problem on 737 MAX: Click Here.
  • Pending Home Sales Data at 10 AM

Flags from Wednesday

B2-AMT Down by 0.1%
P-BAC Up by 0.04%
R-CRON Up by 0.06%
R2-LITE Down by 0.02%
R2-BA Down by 4.09%
R2-BABA Up by 0.6%
R2-KEYS Up by 1%
R2-AMAT Up by 0.96%
R2-BRK.B Up by 0.15%
Short-ADP Short Up by 0.47%

Extra


Short Flag: When short fails, it usually leads to a big bounce followed by a Rally. I consider this as an opportunity for a bonus day trade.