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Gap fill on the Qs

Posted by puma on 24th of Feb 2016 at 09:40 am

To the penny

Take care of yourself Matt and get well -- all of us will survive -- you've got to look after yourself first right now!

SPX Three White Soldiers

Posted by puma on 17th of Feb 2016 at 02:37 pm

Unless we sell off into the close (unlikely) we will have printed Three White Soldiers

Whoops, looks like Steve --

News

Posted by puma on 11th of Feb 2016 at 03:07 pm

Whoops, looks like Steve -- as always -- was faster with the news!

Oil rumors

Posted by puma on 11th of Feb 2016 at 03:02 pm

This may be what got the algos all excited...

Seconds after Oil hit the lows and NYMEX closed - and S&P broke the critical 1812 level, this hit:

*OPEC READY TO COOPERATE ON CUT, UAE ENERGY MIN SAYS: WSJ

So, first it was Venezuela speaking for the Saudis, then it was Russia speaking for the Saudis, now it is the UAE.

So true about having a

Russell playing nicely this morning.

Posted by puma on 11th of Feb 2016 at 10:41 am

So true about having a NO TRADE list. For me it's penny stocks and very thin stocks (not counting taking a position in a story stock). They just don't fit my style. Plus a few names that left a bad taste.

I can't think of any.

Linked-in Smashed-down

Posted by puma on 5th of Feb 2016 at 12:18 pm

I can't think of any. And it's still making money. All about revising down growth estimates and slashing the PE.

GOOG now bigger market cap

GOOGL blow out numbers 

Posted by puma on 1st of Feb 2016 at 04:27 pm

GOOG now bigger market cap than AAPL, the new Big Kahuna

Following up my own comment from earlier - GLD is now up almost 1.9% while GDX is only up .7% -- that's huge underperformance -- When GDX can't really catch a bid when the metal is up almost 2% you do have to wonder...

The GDX/GLD ratio quickly returns to "normal"

Posted by puma on 20th of Jan 2016 at 10:11 am

After a half hour GDX is back to where it has been living for a while -- underperforming the metal.

Testing the 1841 Pivot

Posted by puma on 20th of Jan 2016 at 09:59 am

If you look at the

GDX potential double bottom

Posted by puma on 19th of Jan 2016 at 02:14 pm

If you look at the daily chart on GDX from Aug though now (sorry, can't post the chart right now) and you see it as a complex head and shoulders that's breaking the neckline today, then it measures down to about 9.

I imagine some clever banker at GS is already working on a plan to roll up AOL, YHOO, and P.

Technically, no pun intended, the

GLD Abandoned Baby?

Posted by puma on 18th of Dec 2015 at 03:42 pm

Technically, no pun intended, the first candle should be a big solid red candle and the third candle should be a big white candle, but gold trades so gappy that it seems like it's always abandoning its babies so why not.

Yep, it feels like the

Volatile City

Posted by puma on 18th of Dec 2015 at 11:50 am

Yep, it feels like the 4th of July and I'm sitting here expectantly waiting for the fireworks show. And I'm keeping a respectable distance -- don't want to loose any fingers.

Crude selling down pretty hard

Posted by puma on 16th of Dec 2015 at 02:27 pm

Close to testing the lows.

QQQ Inverse H&S on 60 min chart might be forming

Posted by puma on 24th of Nov 2015 at 01:29 pm

Would need another 3-4 days for symmetry.

 

Thanks Steve -- I just

FOMC - May Hike Discount Rate Today

Posted by puma on 23rd of Nov 2015 at 10:52 am

Thanks Steve -- I just turned the sound on on CNBC and heard some guy talking to Rick Santelli who said exactly that. I wonder if today's meeting is just more "performance art" to prepare the market.

Does anyone have a clue

FOMC - May Hike Discount Rate Today

Posted by puma on 23rd of Nov 2015 at 10:38 am

Does anyone have a clue when or if there will be a Fed announcement today?

I called IB. They said that they will handle it internally and that functionally there will be no difference.

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