What is the ISE Equity Ratio? How do we extrapolate the meaning? I am in a meeting, so if it was discussed in newsletter, apologies ahead of time. But a response here would be much appreciated.

Cveo look at weekly and monthly, even better, I am long owned it for a while now

Guy's its pretty clear.... SPY $275.50 (Tradable ETF) and the $SPX (Index) closed at 2762. If you play the system you buy the ETF, not the Index

$SPYI know system went long - but keep in mind - today at close we just backtested the wedge breakdown

Market has some resistance here - prolly needs to digest and bounce around till 20dma catches up

OLED is a long than. They own the patents for OLED technology and supply into Samsung / LG screens - Samsung and LG have been key screen suppliers for AAPL, including Iphone X.

Stocks been basing, but under pressure of late

Splunk and Nutanix report today after the bell. Data usually trades off those names during earnings. So you may want to keep an eye on that. 

Matt, Let me help out if you don'y mind

Position sizes tend to be arbitrary based on risk tolerance. For argument sake.

You have $50k trading account, Normally it is not wise to exceed 10% of your portfolio. Can change depending on tolerance and stops.

So you have $5k per idea, Now if you keep your stop at 5% of entry, Max risk you take is $250 (Assuming NO GAP risk) 

$250 loss on 50K is only .50% 

Now if you told me, I am ok losing 1K on a trade, than you can adjust position size up to 4x, while keeping the stop on. 

Alway keep an eye on Volume, You don't want to get too large on a position if it does not trade at least 100k shares a day.  If volume is low, keep position size small too, you don't want to get larger than 5% of Average Daily Volume. So if it trades, 50K shares a day, most you take is 2500 shares. Even if that is below your calculated position size.

SPX 15Min - Extended out TL, we broke for 2nd time today. 

JROGER, Look at the CCI on this chart, most oversold compared to other similar period with positive divergence setting up.

$TLT looks ugly, but can settup double bottom. Divergence setting up. The summer rally needs a catalyst, I think its rates, NAFTA and China deal that will catapult us higher. ST just chop / digestions from wedge breakout. 

Same game he plays every time,  sets expectations low, so he can take praise when deal happens

Is that bullish or bearish? 

Bradley dates only predict turns - doesn't specify direction or markets. can apply to commodities, equities, debt - doesn't really matter. I have tracked this for 4 years now and every turn date is not specific to a particular end market. Friday was the turn date - so it could very well apply to equities based on move. Time will tell. I just use Bradley dates to be minndful of major turns. can't really trade off of it. 

Friday Observation - Nothing technical about this post except we are bumping against 20 dma. Today is Friday and recently the market fades off into the close ahead of the weekend. Given the political revelations this week and china trade mission not producing result. I shorted some SPY @ 265.49. Plan to cover before close of above  the 20 dma. 

$SPX - 200dma being defended, 2 touches now, if it breaks, we could flush down

Interesting observation, I am on the CVS earnings call waiting for it to begin, Music in the background is soft jazz, I decided to listen to the newsletter and the audio overlays on top of the soft jazz, makes the viewing of the newsletter even better. Voice over the music with the charts works well. 

AAPL System? Does she go long today?

I am a big fan of covered calls. helps u keep fav positions and collect a dividend. doesnt work if u expecting a waterfall selloff. I use cash / covered calls mostly for hedging