Lowe's Companies Inc.
168 - 172.01
64.18 - 177.09
Echofin Members Consensus
**PivotBoss Pre-Market Video [January 15, 2021]: ES, NQ Testing PEMA Trigger Zone** January 15, 2021 — FRIDAY AM The ES and NQ have pulled back modestly in pre-market trading and are currently testing the rising PEMA trigger zone, which is a zone that could offer a bullish reversal soon. The ES remains within a developing narrow trading range, which is building energy for a breakout soon. Failure to hold 3760 and 12800 could lead to more weakness ahead, however. Crude Oil remains extremely bullish and every pullback, even as deep as 50, could offer a buying opportunity for more upside ahead. Gold is still trying to lock in the week's low, and could lead to a return to 1889 ahead. Failure to hold above 1835 could trigger more weakness to mLO.
“The “Sherman Ratio,” named after DoubleLine Capital Deputy Chief Investment Officer Jeffrey Sherman, basically shows the amount of yield investors earn for each unit of duration. It tumbled to as little as 0.1968 on Dec. 31 for the Bloomberg Barclays U.S. Corporate Bond Index, a record low in data going back more than three decades. That compares with the previous low of 0.3467 I flagged in early January 2020. And while that former milestone wasn’t too much lower than previous instances, current investment-grade corporate-bond yields are an outlier in every sense of the word.” “As was the case last time around, this is happening because the numerator (yield) has continued to tumble while the denominator (duration) increases. The average investment-grade corporate bond yield was a record-low 1.74% as of Dec. 31, compared with 2.84% a year earlier, while the modified duration on the index increased to 8.84 years at the end of 2020, just about a record high, from 7.96 years at the start.”
Ach und Konsolidierungsbereiche (also wo der Preis sich laengere Zeit aufgehalten hat), wo die stop losses darueber oder darunter noch nicht geraubt wurden, mag ich auch sehr gerne als target. Wenn eine Konsolidierung unbefleckt stehen gelassen wird, warte ich bis der Preis sich dreht (idealerweise wurde ein altes high/low ausgenommen) und wieder in die Naehe kommt. Konsolidierungen sind herrlich.
...weil da ein Pool an stop losses sitzt. Dies waeren dann meine take profit targets. Ich mag reversals am liebsten wenn eine alte Daily High/Low durchgestochen wurde. Ich versuche trades nur in Richtung des Trends nehmen. Gegentrend-trades (wie kurzfristige reversals) sind weniger zufriedenstellend, da muss ich sehr aufpassen. Doch als vollzeitjobber kann ich das nicht. Ich setze eine Order und beobachte diese nur nebenbei. Also muss stop loss on take profit gut sitzen. Ich spiele im Moment mit der vollgenden Exit strategie herum: exit 1/3 der position wenn 75% des targets erreicht wurde und weitere 1/3 wenn 100% erreicht wurde. Die restlichen 1/3 lasse ich laufen und lasse stop loss den Preis folgen.
**PivotBoss Pre-Market Video [January 14, 2021]: 5-Day Narrow Range for ES** January 14, 2021 — THURSDAY AM The ES continues to trade within a narrow 5-day trading range, and continues to build energy for the upcoming move. Any selling pressure should continue to be considered a buying opportunity until proven otherwise. The same goes for the NQ. Crude Oil remains bullish, and any pullback as deep as 50 could be a great swing buying opportunity to 55 and higher. Gold is still holding yday's strong low, and could still make a run for 1889 to complete the key range.
**PivotBoss Pre-Market Video [January 13, 2021]: Crude Oil to 65?** January 13, 2021 — WEDNESDAY AM The ES is trading within a narrow 4-day range and is building energy for another move. However, with price trading below yMid, we could see a move to yLO and perhaps lower, as a shakeout leg may still occur. With both the ES and NQ, any pullback should be seen as a buying opportunity on a swing basis, but a strong low needs to develop first. Crude Oil has pushed strongly through the 50 level, which has led to a transition to higher market structure, which spans from 50 to 65. As long as price can remain above 50, the next upside target is 65 by the end of Q1. Has Gold found a strong low? If so, we may see a return to the impulse mid of 1889.
An intriguing question is whether the spreading of the tighter binding SARS-CoV-2 variants in humans is accidental. From the similarity to yeast display selection, where stringent conditions are used, one may hypothesize that stringent selection is also driving the rapid spread of these mutations. Face masks of low quality (which are by far the most abundant) would provide such selection conditions, as they reduce exhaled viral titers, given tighter binding variants an advantage over WT to spread rapidly in the population(as a result of R0of mutated viruses being >1, while <1 for WT viruses). This should be urgently investigated, as one may consider the mandatory use of higher quality face-masks, which will reduce viral titer to bellow infection levels (as indeed seen with medical personal who use such masks) and stop spreading these tighter binding virusmutations.
**PivotBoss Pre-Market Video [January 12, 2021]: Narrow Pre-Market Ranges in ES, NQ** January 12, 2021 — TUESDAY AM The ES and NQ are both trading just 33% of ADR heading into the RTH open, which is extremely narrow price action. The ES has developed a double inside day, as of right now, as well. While the market remain bullish, we may need to see a shakeout leg before the next upside continuation is seen. Any pullback may still offer buying opportunities within the existing bull trend. Crude Oil remains strong, but may be at a cycle high, which means a pullback may be seen before another rally toward 55-56 occurs. Gold may have developed a strong low yday. If so, we could see a return to the impulse midpoint of 1889.
schaut euch dentag gester und heute an! beide tage keine trend tage und bei beiden tagen würde die initial balance nach unten erweitert. gerade eben wurde das cash hoch herausgenommen. zwar volatil aber ohne volumen also wird es abgelehnt srich wir spielen die initial balance range mit möglichkeit auf weiter short. ib low 13940
**PivotBoss Pre-Market Video [January 11, 2021]: Buy the Dip?** January 11, 2021 — MONDAY AM The ES, NQ, and CL each remain within very clear bullish trends, which will continue to remain bullish until a market structure breakdown occurs. While the market has begun the week with selling pressure, this early-week pullback could offer bulls a buy the dip opportunity heading into the rest of the week. But first, however, these markets need a strong low. Look for further near-term weakness until a strong low develops. Gold reached new lows into 1817 and is now trading below the 200-day moving average, which could begin to provide a buying opportunity soon.
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