Folks, being told that Proshare Suspends Purchase of New Creation Units in Some Funds  - These ETFs could skew HARD (Usually higher) away from NAV (Recall TVIX from a few years ago???) --->  UCD, CMD, BOIL, KOLD, GDAY, CROC, ULE, EUFX, YCL, SVXY and VIXM....  BE WARY!     http://www.businesswire.com/news/home/20140502005376/en/ProShare-Capital-Management-LLC-Temporarily-Suspends-Ability#.U2OfQlcxh-I

Nasdaq 15min looks like a three push lower with RSI5 bullish div...but it's a falling knife

TNP briefly broke out of triangle formation today (+10% currently). Assuming long term bottom is in, symmetry suggest next up leg target is 10 (currently 7.18).

Old article from FT Alphavilel regarding the way copper (and metals in general have been used in China by local corporates to speculates. It relates well with the price action in Copper post the first large corporate default in China. The expectations are that this is just the start and the Chinese government in its aim to curbe credit will allow a lot more high profile defaults.

http://ftalphaville.ft.com/2010/01/20/130156/what-really-drove-chinese-commodity-imports/

TMKS LI (TMK OAO is a global supplier of tubular products for the oil and gas industry. The Company manufactures its core products, OCTG and line pipe, as well as pipes for industrial applications and offers services in heat treating, protective coating, premium connections threading and warehousing.). The stock trades in the London Int Exchange in USD. Has given a buy signal today according to Steve's tutorial at 7.40. Low this week 6.665 (today intraday) and high of 2014 13.01. 9 EMA at 7.97 currently. (sorry cannot post chart)

tks for the post renko77, actually i would be looking as a left shoulder the 9424 high of Dec2013

For those looking to place some profit on a high yielding asset should monitor the bond GAZPRU 8.625% 04/28/34 (XS0191754729). It currently trades at 112 cash price (ytm 7.45%) from a high of 140 (the decline is a comobination of higher long term rates and the Ukranian situation). I can see the bond getting to 100/105 if the situation gets worse...that would be a USD yield to maturity of 8.25% with potential price upside of 10-20pts. It is unlikely that Europe will impose strict sanctions to GAZPRU given that significance it plays to the continet's energy supply. The duration of the bond at this cash price would be 9 years, much lower than the 20years actuall maturity.

DAX cash index head and shoulder (Nov2013 to today). Sorry cannot post graph. Today's low so far exactly on the neck line.

On the back of that (althought my opinion is that the decision for the split of Ukraine has already been taken and the US and EU Officals threats to Russia is just about TV time) there are some very interesting opportunities in Russian equities and fixed income developing (banking bonds with BBB names trading at 6.5% yield to maturity) and corporate names trading at 0.5 P/B.

31 now with high 35...I was just referring to target of symmetry from the lows at 42

Crazy...i closed it yesterday :-(
I guess given symmetry target is 42...

Looks like an open gap fill...interesting to see if it reverses down once filled

Unfortunately the problem with these analogs is that if you search you will find correlations in certain periods even between the amount of pasta consumed in Italy with an equity index.

Hi renko777, may I ask how do you go about applying this filter? Do you find all STO <20 in your list and then visually check for Doji? or is there an automated way in some platform? tks

Indeed and was up big even when indices were at their lows

GRPN looks like a great long term buy here. Has broken out of three months bullish flag, retested yesterday and marching upwards today

I tried to upload a pdf document but I guess I am not allowed...so pasting the text without the graph (whihch is a comparison of Cisco to Tesla).

As we have written, we believe that US equity indexes should continue to move higher as long as the market continues to keep the “faith” and believes that QE = growth = higher stocks. However, there is no doubt in our mind that this is a rather stretched trade. Not only are US stocks indexes increasingly the singular drivers of global “risk” but these very same indexes are also littered with more and more individual stocks exhibiting late stage, bubble like price action. That presents a significant risk simply because, IF (yes, a big if) a significant number of these names were to “pop” all at once, it may be impossible to reallocate cash quickly or smoothly into other stocks. That in turn could trigger a broader equity VaR shock forcing leveraged names to disgorge their holdings into a falling market, which was exactly what we got in bonds in the spring. In that scenario, even pledges of more QE from the Fed may be unable to prevent a deep correction in stocks and cause the market to lose its “faith” in a Fed, which would be utterly disastrous.