$APTS Hope some of you joined me on that double bottom call off
the $5 area. I know there was at least one that was in. I trimmed
23% of my position at $7.35 area. I could see this getting back to
double digits, so holding the rest. Fundamentals are easily there
for it. Near 100% rent collections in sunbelt properties.
Like I said yesterday, if you got too negative, you missed a ton
of the move. SPXL $47-$59s so far is a great swing trade. If you
had options you did even better
$SPX We continue to climb the wall of worry. I will stay long my
3x ETF from the support buys unless prices tell me to do otherwise.
The rest of the "possible" outcomes is noise. Price is the only
thing that matters. Continuing to monitor and move up stops where
appropriate.
Gap watch is 3,310s from yesterday's close and 3,269s on the
downside, on the upside there is one at 3,390s, then some others in
3,400s, Futures range currently
3,303.12 - 3,349.62 currently. Thanks everyone for
the great sharing here.
"The ONUS remains with the bulls" This statement has helped me a
lot over these last weeks. I've stuck with trading according to
price and stayed away from forecasting theories. Thanks Steve and
Matt
I like using the fibs too. Will be interesting what big tech
earnings look like tomorrow after the close. AAPL, GOOGL, FB, and
AMZN. And to see if we get any talk of stimulus in the next days
before the election. They either do it now or later, but something
gets done before year end hopefully.
Thanks for the great chart. I agree, a likely scenario. Some
support in the pre-market session currently around 3,329 which
aligns with Steve's comment in the newsletter as a place to pay
attention as well as the gap below low 3,300s. Let's see
$SPX haven't heard much about the gaps lately. There are 6 now
to the downside just from the near term from yesterday's close down
to the 3,298s area. They are 3,477, 3,446, 3,419, 3,360, 3,348, and
3,298. Complacency is rising here and near a 65 on the long term
RSI.
Glad to share and hear you were able to benefit. Appreciate the
1 hr. view. Going much higher too based on fundamentals. Very
undervalued here. Fantastic dividend
3,300.50 - 3,374.62 That 3,300-08 area
is important as Matt pointed out the other day. 3,298s has a gap.
Two of three gaps filled from the recent days now.
When looking at a weekly chart over many months period of time,
what is the most common pair of MAs to look at? On a daily view
over a period of months, one may use the 50 day and 200 day for
example as displayed in the chart here. Thanks
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A lot of the tech
PTON - bounced off the 61.8 Fib today... 35% pullback ...
Posted by fundamentalvalues on 10th of Nov 2020 at 12:31 pm
A lot of the tech are trading that way. I bought PINS today on the same support for a trade.
$APTS Hope some of you
Posted by fundamentalvalues on 10th of Nov 2020 at 12:27 pm
$APTS Hope some of you joined me on that double bottom call off the $5 area. I know there was at least one that was in. I trimmed 23% of my position at $7.35 area. I could see this getting back to double digits, so holding the rest. Fundamentals are easily there for it. Near 100% rent collections in sunbelt properties.
Like I said yesterday, if
$SPX We continue to climb the wall of worry. I ...
Posted by fundamentalvalues on 5th of Nov 2020 at 06:49 am
Like I said yesterday, if you got too negative, you missed a ton of the move. SPXL $47-$59s so far is a great swing trade. If you had options you did even better
$SPX We continue to climb
Posted by fundamentalvalues on 4th of Nov 2020 at 08:03 am
$SPX We continue to climb the wall of worry. I will stay long my 3x ETF from the support buys unless prices tell me to do otherwise. The rest of the "possible" outcomes is noise. Price is the only thing that matters. Continuing to monitor and move up stops where appropriate.
Gap watch is 3,310s from
Posted by fundamentalvalues on 3rd of Nov 2020 at 07:15 am
Gap watch is 3,310s from yesterday's close and 3,269s on the downside, on the upside there is one at 3,390s, then some others in 3,400s, Futures range currently
I saw that this morning
ES overnight low 3226 support
Posted by fundamentalvalues on 30th of Oct 2020 at 02:56 pm
I saw that this morning too..wondering if 3,233s is the retest here and now we oversold bounce..lets see
"The ONUS remains with the
Posted by fundamentalvalues on 30th of Oct 2020 at 02:07 pm
"The ONUS remains with the bulls" This statement has helped me a lot over these last weeks. I've stuck with trading according to price and stayed away from forecasting theories. Thanks Steve and Matt
I like using the fibs
Another likely scenario is the old gap fill and then ...
Posted by fundamentalvalues on 28th of Oct 2020 at 08:45 am
I like using the fibs too. Will be interesting what big tech earnings look like tomorrow after the close. AAPL, GOOGL, FB, and AMZN. And to see if we get any talk of stimulus in the next days before the election. They either do it now or later, but something gets done before year end hopefully.
Thanks for the great chart.
Another likely scenario is the old gap fill and then ...
Posted by fundamentalvalues on 28th of Oct 2020 at 08:07 am
Thanks for the great chart. I agree, a likely scenario. Some support in the pre-market session currently around 3,329 which aligns with Steve's comment in the newsletter as a place to pay attention as well as the gap below low 3,300s. Let's see
$SPX haven't heard much about
Posted by fundamentalvalues on 12th of Oct 2020 at 11:44 am
$SPX haven't heard much about the gaps lately. There are 6 now to the downside just from the near term from yesterday's close down to the 3,298s area. They are 3,477, 3,446, 3,419, 3,360, 3,348, and 3,298. Complacency is rising here and near a 65 on the long term RSI.
Glad to share and hear
APTS -I previously shared the double bottom off the $5.00 ...
Posted by fundamentalvalues on 8th of Oct 2020 at 02:42 pm
Glad to share and hear you were able to benefit. Appreciate the 1 hr. view. Going much higher too based on fundamentals. Very undervalued here. Fantastic dividend
APTS -I previously shared the
Posted by fundamentalvalues on 8th of Oct 2020 at 01:25 pm
APTS -I previously shared the double bottom off the $5.00 area. Now its preparing to breakout here. Watch above $5.87 today's high
Nice Matt, I bought the
XLE 60 min
Posted by fundamentalvalues on 8th of Oct 2020 at 10:44 am
Nice Matt, I bought the breakdown into support at the Fib using ERX, the 2x etf for XLE. I continue to hold it long
$SPAQ nice now peeking above
Posted by fundamentalvalues on 7th of Oct 2020 at 03:46 pm
$SPAQ nice now peeking above the 50 day again with the merger date closing in. I'm long warrants via SPAQ.WS
3,348 has a gap in
SPX 60 min follow up comments
Posted by fundamentalvalues on 6th of Oct 2020 at 11:31 am
3,348 has a gap in S&P, looks consistent with your chart
I like the "New Player"
new video worked fine but everything was much smaller ---
Posted by fundamentalvalues on 6th of Oct 2020 at 11:03 am
I like the "New Player" as well. Makes it so simple to bounce around
the gaps are frustrating on
I bought OSPN on the breakout
Posted by fundamentalvalues on 6th of Oct 2020 at 10:34 am
the gaps are frustrating on the breakouts for me..I know they can hold, just prefer clean breakouts with no gaps
it is a buy here
Where is the bottom of the channel on XOM ? ...
Posted by fundamentalvalues on 2nd of Oct 2020 at 11:24 am
it is a buy here , 25 RSI is amazing. I like XLE on the whole for a swing trade
ES range 3,300.50 - 3,374.62
Posted by fundamentalvalues on 2nd of Oct 2020 at 09:24 am
ES range
When looking at a weekly
Posted by fundamentalvalues on 25th of Sep 2020 at 11:15 am
When looking at a weekly chart over many months period of time, what is the most common pair of MAs to look at? On a daily view over a period of months, one may use the 50 day and 200 day for example as displayed in the chart here. Thanks