pop on earnings out of triangle. Was selling calls against
position, now should run up to the higher LT upper trend line near
98. Similar setup to GILD from last wk.
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related
to an earlier post stating Gray option as primary, but now appears
Red option was primary.
Posted by mitchell on 15th of Sep 2022 at 10:33 pm
Not a prediction but wouldnt be surprised if SPX doesnt sell off
in ST b/c traders view FDX news as positive in that Fed will pivot
or pause…bad news is good news
Posted by mitchell on 15th of Sep 2022 at 12:58 pm
I believe Fed starts balance sheet QT today. Don’t have exact
schedule but it’s out there somewhere. In past there is high
correlation with market direction on those days.
Posted by mitchell on 28th of Aug 2022 at 10:07 pm
Cautious shorting USD. While it appears overextended on ST
technicals, you are correct on fund flows...listened to interview
on fundamental reasons USD will likely go higher...same take away.
Weekly and monthly charts bullish as well w/ minimal
divergences.
Posted by mitchell on 17th of Aug 2022 at 09:38 pm
Timebandit - Whats your take on $TRIN indicator reaching
lows...implies market top...? Lots of contradicting indicator
signals out there, which makes this market treacherous.
Posted by mitchell on 16th of Aug 2022 at 02:32 pm
Selling a lot of holdings in tranches during this strong run.
Seeing more parabolic patterns; once heard saying when that happens
it means 'someone' is in pain on other side...being squeezed or
otherwise. Prepared to pivot if situation changes though.
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BRK strong recently; benefit big
BRK/B has broken out of a big W pattern.
Posted by mitchell on 11th of Nov 2022 at 04:05 pm
BRK strong recently; benefit big from rising I-rates. Should be decent performer. An /A holder so it’s been good.
SBUX near target range; 10pt
SBUX Updated View
Posted by mitchell on 11th of Nov 2022 at 10:04 am
SBUX near target range; 10pt gainer 1 wk.
pop on earnings out of
SBUX Updated View
Posted by mitchell on 4th of Nov 2022 at 08:24 am
pop on earnings out of triangle. Was selling calls against position, now should run up to the higher LT upper trend line near 98. Similar setup to GILD from last wk.
Sold GILD on $5 pop.
Thoughts on GILD...earnings AH today, been strong...https://schrts.co/CUwAMiwJ
Posted by mitchell on 28th of Oct 2022 at 09:34 am
Sold GILD on $5 pop. Still good LT.
No divergences on any timeframe,
Thoughts on GILD...earnings AH today, been strong...https://schrts.co/CUwAMiwJ
Posted by mitchell on 27th of Oct 2022 at 03:19 pm
No divergences on any timeframe, bull flag intraday all point bullish but right at LT downtrend resistance
Thoughts on GILD...earnings AH today,
Posted by mitchell on 27th of Oct 2022 at 02:52 pm
Thoughts on GILD...earnings AH today, been strong...
https://schrts.co/CUwAMiwJ
schrts.co
GILD | SharpCharts | StockCharts.com
Create advanced interactive price charts for GILD, with a wide variety of chart types, technical indicators, overlays, and annotation tools.
@Steve - would you consider
Posted by mitchell on 18th of Oct 2022 at 04:05 pm
@Steve - would you consider SBUX daily forming a Wave 4 triangle? Thx
I dont want to add
Expanded Flat
Posted by mitchell on 29th of Sep 2022 at 03:26 pm
I dont want to add fuel to a fire but confusion may be related to an earlier post stating Gray option as primary, but now appears Red option was primary.
DENN is one of the
DENN
Posted by mitchell on 20th of Sep 2022 at 09:18 am
DENN is one of the only reasonably priced eat-ins in Waikiki and is always busy there.
No not at all. Opportunity
Short FDX Daily View
Posted by mitchell on 16th of Sep 2022 at 08:33 am
No not at all. Opportunity to short if a pump and dump rally occurred based on that thesis.
Not a prediction but wouldnt
Short FDX Daily View
Posted by mitchell on 15th of Sep 2022 at 10:33 pm
Not a prediction but wouldnt be surprised if SPX doesnt sell off in ST b/c traders view FDX news as positive in that Fed will pivot or pause…bad news is good news
I believe Fed starts balance
Posted by mitchell on 15th of Sep 2022 at 12:58 pm
I believe Fed starts balance sheet QT today. Don’t have exact schedule but it’s out there somewhere. In past there is high correlation with market direction on those days.
Opex Fri 9/16.
SPX I see 5 small waves down on SPX from ...
Posted by mitchell on 14th of Sep 2022 at 07:45 pm
Opex Fri 9/16.
Cautious shorting USD. While it
DXY short? Sitting here strategizing about what I would do ...
Posted by mitchell on 28th of Aug 2022 at 10:07 pm
Cautious shorting USD. While it appears overextended on ST technicals, you are correct on fund flows...listened to interview on fundamental reasons USD will likely go higher...same take away. Weekly and monthly charts bullish as well w/ minimal divergences.
BBBY - this explains a
Posted by mitchell on 17th of Aug 2022 at 10:06 pm
BBBY - this explains a lot...
https://www.zerohedge.com/markets/rugpull-after-stratospheric-gamma-squeeze-ryan-cohen-files-sell-stake-bed-bath-beyond
zerohedge.com
Rugpull: After Stratospheric Gamma Squeeze, Ryan Cohen Files To Sell Stake In Bed, Bath & Beyond | ZeroHedge
The army of retail investors chasing the gamma squeeze in BBBY just took a very cold bath...
Not one I use but
On Friday, the 10 day moving average of $TRIN closed ...
Posted by mitchell on 17th of Aug 2022 at 09:54 pm
Not one I use but glanced at it today as I scan indicators...seems to indicate near ST top similar to early 2022, but not conclusive as you mention.
Timebandit - Whats your take
On Friday, the 10 day moving average of $TRIN closed ...
Posted by mitchell on 17th of Aug 2022 at 09:38 pm
Timebandit - Whats your take on $TRIN indicator reaching lows...implies market top...? Lots of contradicting indicator signals out there, which makes this market treacherous.
Selling a lot of holdings
Posted by mitchell on 16th of Aug 2022 at 02:32 pm
Selling a lot of holdings in tranches during this strong run. Seeing more parabolic patterns; once heard saying when that happens it means 'someone' is in pain on other side...being squeezed or otherwise. Prepared to pivot if situation changes though.
high $NYDNV vol today =
SPX resistance area
Posted by mitchell on 15th of Aug 2022 at 12:28 pm
high $NYDNV vol today = distribution. Gap fill is gift to unload.
NYSE % Above 50DMA nearing
82% of S&P 500 stocks above 50 day average as ...
Posted by mitchell on 10th of Aug 2022 at 01:08 pm
NYSE % Above 50DMA nearing resistance on Monthly PnF chart; long tail up. Supports selling into resistance, not bullish how I see it.