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SPY 60 min above it's

Posted by erikvik on 30th of Sep 2019 at 12:28 pm

SPY 60 min above it's downtrend.

I have made plans to have permanent residency outside of Canada.  People have underestimated how fragile the CDN economy is and more importantly the stupidity of the people who keep voting against business and against Alberta, the economic driver of Canada.  Sorry rant over.  Back to making $ off societies mis-steps..

not sure if you're CDN, but I am.  There has never been a worse PM in Canada. But back to trading....yes, if he get's in he's promising $20B+ deficits each year....and that is one promise we know he can keep.  I trade forex and I'd consider it super bearish if he gets in again.

I maintain a chart list of all the weed stocks, energy etc.  remind myself to look at them daily because when a few of them start turning you can make out really well!  I have seen one or two start making decent formations.

now that they've cleaned out

Posted by erikvik on 27th of Sep 2019 at 11:41 am

now that they've cleaned out everyone's stops under the support of SPY and Russell, perhaps we can get going back up, lol. 

sorry if it's been out there prior, but Matt, what are the trade stats on some of the other systems such as the GDX system, PMO buy all, and BPT deluxe, if handy...

nice one mla127..

Is anyone else concerned about

Posted by erikvik on 23rd of Sep 2019 at 07:56 pm

Is anyone else concerned about the repo action occurring overnight and the fed putting unlimited funds into the banks until Oct. 10th.  Above my pay grade but apparently similar to the week before the 2008 crash.  That said we don't have the NHYL divergence and other warnings.  Would like to hear from the guru's.

ADXS - with some volume

Posted by erikvik on 18th of Sep 2019 at 06:36 pm

ADXS - with some volume of interest if you dare for some thursday trading

Thank you Matt for the

Posted by erikvik on 17th of Sep 2019 at 04:37 pm

Thank you Matt for the continuing education.  The SPY system that is currently long is the breakout model.  Is there any comment on that? eg. where the system puts a stop or target?  Also the BPT MA deluxe system - you don't consider that part of the SPY systems? Cheers.

thanks mla127....looks nice.

Hate to be biased as have puts....but obviously hoping this wedge works out on IWM

for months the Russell 2000

Posted by erikvik on 9th of Sep 2019 at 02:43 pm

for months the Russell 2000 has underperformed the SPX.  Today IWM is up 1% on a day where SPX is down 0.12% - any thoughts?

Nice Steve.  SNAP also has

SNAP Daily View

Posted by erikvik on 6th of Sep 2019 at 12:26 pm

Nice Steve.  SNAP also has a very strong SCTR, which in my very humble opinion, has helped me buy winners breaking out, as opposed to weak stocks.  I don't see you gents using the SCTR - maybe I've missed it, but your thoughts Steve?

The weed stocks have been

Posted by erikvik on 6th of Sep 2019 at 12:19 pm

The weed stocks have been showing some signs of reversing their downtrends. IGC is one that has gone nuts in the past and has a little basing pattern.


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