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.
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...
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.
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 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.
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.
The community is delayed by three days for non registered users.
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
Quick Update on my status and Newsletter night
Posted by puma on 22nd of Feb 2016 at 05:31 pm
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
The GDX/GLD ratio quickly returns to "normal"
Posted by puma on 20th of Jan 2016 at 12:34 pm
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
Pandora finally into single digits. It's been a brutal grind ...
Posted by puma on 13th of Jan 2016 at 02:33 pm
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
As of Feb 26 NYSE and NASDAQ will phase out ...
Posted by puma on 20th of Nov 2015 at 11:01 am
I called IB. They said that they will handle it internally and that functionally there will be no difference.