I’ve been bullish on Robinhood (HOOD) for months, and it just looks better all the time, particularly considering the healthy pickup in volume.

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I’ve been bullish on Robinhood (HOOD) for months, and it just looks better all the time, particularly considering the healthy pickup in volume.
The Dow 20 Transportation Index, represented below by way of the ETF symbol IYT, is in a terrific bearish pattern. Sadly, the volume on this thing stinks, and the options are even worse.
Watch TLT. If this gap is respected, and TLT starts sinking, equities will do the same. If TLT pushes above the gap, well, I guess we’re in for another decade of lifetime highs.
There are many ways to look like an unmitigated jackass. Take a parking spot someone was waiting for. Leave a small tip when the service was good. Or maybe fly off the handle and act like a lunatic on the news of a widely-followed court case. But one surefire way to do it is to speculate that NVDA has, in fact, topped. Still, I can’t help myself. The 10-for-1 split is a major force in this ceaseless acquisition of stock, and, ya know, that’s just plain dumb. I’d like to offer this trendline as a formidable foe to this endless quest for daily lifetime highs.