Posted by sbaxman111 on 11th of May 2018 at 11:17 am
SPX significantly overbought data - At 11:05 am, the 60 min
SPX chart currently has both RSI-14 and RSI-21 indicators above the
upper 70% line .....something that doesn't happen very often
statistically in the data that I keep track of - indicating a
severely overbought index on a short-term basis. Today is also the
7th day in a low to high daily RSI-2 pattern, which ties for the
longest daily RSI-2 uptick so far this year. Today is the third
straight day where the SPX RSI-2 is above the 90% level. The ULT
7,14,28 indicator is also above its upper 70 line, and the daily %B
20,2 indicator is right at 1.00. Lastly the VTX (14) indicator is
currently green and above the 1.40 line.....a place where reversals
typically take place in the near future.
Posted by sbaxman111 on 30th of Apr 2018 at 03:20 pm
It looks like today, the last day of the trading month,
will close lower for RUT and other major indexes. Going back to the
last day of December in 2016, the following months had a negative
last day of the month for the RUT Index, and went on to a
short-term gain if a LONG position was taken on that EOM close. Dec
2016, Feb, April, May, June, July, December 2017, Jan 2018, and Feb
2018. Part of the theory for a possible short-term gain if the last
day of the month is negative, comes from the infusion of new money
into the market from 401'K's and other pension plan contributions.
The overall macro-economic long-er term trend signal that I follow
remains positive, and the Spy system is long at the current time as
well. Using the 200% leveraged RUT funds that I prefer, these nine
(9) short-term trades have gained +22.25% on a cumulative
basis.
Posted by sbaxman111 on 12th of Feb 2018 at 10:45 am
Kimble thoughts on the market -
https://kimblechartingsolutions.com/2018/02/stocks-falling-deep-market-freeze/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Are+Stocks+Falling+Into+A+Deep+Market+Freeze+Here%3F&utm_campaign=Daily+Kimble+Blog+Posts+RSS
Posted by sbaxman111 on 7th of Feb 2018 at 12:48 am
I'm still here - Any time I shared or posted information about
using XIV/VXX as an alternative to the normal leveraged index funds
that I prefer, I usually offered up that these trading vehicles
weren't for the faint of heart, and that only modest amounts of
money should be employed with them if anyone decide to use them at
all - money that an investor could afford to lose in the case of an
unexpected and unanticipated event like today. I happen to have
decided to stay in cash when the Jan 30th Spy Pro first scale in
was posted. I've been doing this long enough to have developed some
level of "intuitive radar" about extreme market conditions like
those that have been in place in Jan.
On that day, the 30th, the XIV intra-day high price was
$125.83....on the 26th it had been over $141. During that same time
frame my 200% leveraged RUT fund had lost a little over 3% - the
XIV was significantly worse off. Even if I had taken the
trade and bought XIV on th 30th, I would have certainly chosen to
employ at least something like a 5-10% stop loss intra-day. There
was plenty of time to get out of XIV prior to yesterday's close and
today's ensuing meltdown on an intra-day basis, take a modest loss,
and perhaps even flip over to the VXX side based on the way that
the reverse etn's were moving intra-day. In the real world of the
highly regulated RIA business, no adviser in their right mind would
ever recommend that an older client put any reasonable sum of money
into VIX etn's. That would be a lawsuit/arbitration surely waiting
to happen for that RIA/Registered Rep and their
broker-dealer....even more so now under the DOL rule where everyone
is now considered to be a fiduciary. I have been on this site for
quite some time now, and while I have picked up some valuable
information and ideas along the way, I also research a lot of my
own customized data points, test a lot of various signal
combinations, and clearly realize that I always have the only, and
ultimately final opinion that matters as to what and when to
buy and sell.
Posted by sbaxman111 on 24th of Jan 2018 at 01:28 pm
The SPX has now gone 96 days without at least a one day -0.60%
decline - a record that dates back to 1945. The SPX has also gone
108 days without a one day -1.0% decline. The record is 184 days
which ended on 11-20-63. Others streaks are 154, 142, 131, 123,
115, 112, and 109 days without the -1.0% loss. The current run of
445 days w/o a 3% pullback stands as the record, and is 75 days
longer than second place. The SPX is nearing the 593 day streak
from 8-3-1959 w/o a 5% correction, as it currently stands at 575
days as of yesterday's close.
Posted by sbaxman111 on 23rd of Jan 2018 at 02:24 pm
Today's Lance Roberts article on the RSI claims that the weekly
RSI(16) (quarterly) value is the highest such value recorded in the
last 67 years,
Adam Koos recently posted:
“The weekly chart (or intermediate-term) look at momentum in
the S&P 500. Just one week ago, I was posting on social media
and explaining that there had only been two times in the last
6-plus decades that the market had been this overbought. Thanks to
the second week of January, the market is more overheated today
than it has been in more than 67 years!”
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My apologies for the typo
Goldman made $200 billion in a day in Feb trading ...
Posted by sbaxman111 on 24th of May 2018 at 08:28 am
My apologies for the typo
Goldman made $200 billion in
Posted by sbaxman111 on 23rd of May 2018 at 11:59 pm
Goldman made $200 billion in a day in Feb trading the VIX https://www.cnbc.com/2018/05/23/goldman-made-a-staggering-200-million-in-one-day-as-markets-plunged.html
Buffet's Buy and Hold May
Posted by sbaxman111 on 15th of May 2018 at 10:29 am
Buffet's Buy and Hold May Not Be the Right Strategy - https://www.usatoday.com/story/money/columnist/2018/05/15/warren-buffett-buy-hold-approach-stocks-wrong-you/609037002/
SPX significantly overbought data -
Posted by sbaxman111 on 11th of May 2018 at 11:17 am
SPX significantly overbought data - At 11:05 am, the 60 min SPX chart currently has both RSI-14 and RSI-21 indicators above the upper 70% line .....something that doesn't happen very often statistically in the data that I keep track of - indicating a severely overbought index on a short-term basis. Today is also the 7th day in a low to high daily RSI-2 pattern, which ties for the longest daily RSI-2 uptick so far this year. Today is the third straight day where the SPX RSI-2 is above the 90% level. The ULT 7,14,28 indicator is also above its upper 70 line, and the daily %B 20,2 indicator is right at 1.00. Lastly the VTX (14) indicator is currently green and above the 1.40 line.....a place where reversals typically take place in the near future.
Roberts - http://realinvestmentadvice.com/technically-speaking-bullish-hopes-clash-with-bearish-signals/
Posted by sbaxman111 on 1st of May 2018 at 01:43 pm
Roberts - http://realinvestmentadvice.com/technically-speaking-bullish-hopes-clash-with-bearish-signals/
It looks like today, the
Posted by sbaxman111 on 30th of Apr 2018 at 03:20 pm
It looks like today, the last day of the trading month, will close lower for RUT and other major indexes. Going back to the last day of December in 2016, the following months had a negative last day of the month for the RUT Index, and went on to a short-term gain if a LONG position was taken on that EOM close. Dec 2016, Feb, April, May, June, July, December 2017, Jan 2018, and Feb 2018. Part of the theory for a possible short-term gain if the last day of the month is negative, comes from the infusion of new money into the market from 401'K's and other pension plan contributions. The overall macro-economic long-er term trend signal that I follow remains positive, and the Spy system is long at the current time as well. Using the 200% leveraged RUT funds that I prefer, these nine (9) short-term trades have gained +22.25% on a cumulative basis.
DOW
Posted by sbaxman111 on 3rd of Apr 2018 at 12:07 pm
Kimble - https://kimblechartingsolutions.com/2018/04/stock-market-bulls-dont-want-dow-slip/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Stock+Market+Bulls+Don+t+Want+The+Dow+To+Slip+From+Here%21&utm_campaign=Daily+Kimble+Blog+Posts+RSS
KIMBLE - BEARISH REVERSAL PATTERN
Posted by sbaxman111 on 30th of Mar 2018 at 03:48 pm
KIMBLE - BEARISH REVERSAL PATTERN FOR SMH https://kimblechartingsolutions.com/2018/03/market-leader-creates-largest-bearish-pattern-since-2000/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Market+Leader+creates+largest+bearish+pattern+since+2000&utm_campaign=Weekly+Kimble+Blog+Posts+RSS
Kimble
Posted by sbaxman111 on 2nd of Mar 2018 at 02:44 pm
https://kimblechartingsolutions.com/2018/03/similarities-1929-1987-2000-2007-play-says-joe-friday/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Similarities+to+1929%2C+1987%2C+2000+++2007+in+play+says+Joe+Friday&utm_campaign=Daily+Kimble+Blog+Posts+RSS
KIMBLE CHARTING
Posted by sbaxman111 on 28th of Feb 2018 at 11:47 am
https://kimblechartingsolutions.com/2018/02/nasdaq-100-bearish-reversal-double-top-play/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Nasdaq+100-+Bearish+reversal+at+double+top+in+play%3F&utm_campaign=Daily+Kimble+Blog+Posts+RSS
Article
Posted by sbaxman111 on 27th of Feb 2018 at 11:54 pm
http://realinvestmentadvice.com/the-end-of-bear-markets/?utm_medium=email&utm_campaign=RIA%20The%20End%20Of%20Bear%20Markets&utm_content=RIA%20The%20End%20Of%20Bear%20Markets+CID_f31c53eea53ccfb56b0e278ff67c2d36&utm_source=RIA%20Email%20Marketing%20Software&utm_term=READ%20MORE
https://www.seeitmarket.com/dow-industrials-megaphone-pattern-leads-to-major-test-17848/
Posted by sbaxman111 on 22nd of Feb 2018 at 12:11 pm
https://www.seeitmarket.com/dow-industrials-megaphone-pattern-leads-to-major-test-17848/
Kimble thoughts on the market
Posted by sbaxman111 on 12th of Feb 2018 at 10:45 am
Kimble thoughts on the market - https://kimblechartingsolutions.com/2018/02/stocks-falling-deep-market-freeze/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Are+Stocks+Falling+Into+A+Deep+Market+Freeze+Here%3F&utm_campaign=Daily+Kimble+Blog+Posts+RSS
https://kimblechartingsolutions.com/2018/02/dow-jones-peaking-mega-phone-pattern-breakout/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Dow+Jones-+Peaking+after+%22Mega-Phone%22+pattern+breakout%3F&utm_campaign=Daily+Kimble+Blog+Posts+RSS
Posted by sbaxman111 on 9th of Feb 2018 at 02:00 pm
https://kimblechartingsolutions.com/2018/02/dow-jones-peaking-mega-phone-pattern-breakout/?utm_source=ActiveCampaign&utm_medium=email&utm_content=Dow+Jones-+Peaking+after+%22Mega-Phone%22+pattern+breakout%3F&utm_campaign=Daily+Kimble+Blog+Posts+RSS
I'm still here - Any
Posted by sbaxman111 on 7th of Feb 2018 at 12:48 am
I'm still here - Any time I shared or posted information about using XIV/VXX as an alternative to the normal leveraged index funds that I prefer, I usually offered up that these trading vehicles weren't for the faint of heart, and that only modest amounts of money should be employed with them if anyone decide to use them at all - money that an investor could afford to lose in the case of an unexpected and unanticipated event like today. I happen to have decided to stay in cash when the Jan 30th Spy Pro first scale in was posted. I've been doing this long enough to have developed some level of "intuitive radar" about extreme market conditions like those that have been in place in Jan.
On that day, the 30th, the XIV intra-day high price was $125.83....on the 26th it had been over $141. During that same time frame my 200% leveraged RUT fund had lost a little over 3% - the XIV was significantly worse off. Even if I had taken the trade and bought XIV on th 30th, I would have certainly chosen to employ at least something like a 5-10% stop loss intra-day. There was plenty of time to get out of XIV prior to yesterday's close and today's ensuing meltdown on an intra-day basis, take a modest loss, and perhaps even flip over to the VXX side based on the way that the reverse etn's were moving intra-day. In the real world of the highly regulated RIA business, no adviser in their right mind would ever recommend that an older client put any reasonable sum of money into VIX etn's. That would be a lawsuit/arbitration surely waiting to happen for that RIA/Registered Rep and their broker-dealer....even more so now under the DOL rule where everyone is now considered to be a fiduciary. I have been on this site for quite some time now, and while I have picked up some valuable information and ideas along the way, I also research a lot of my own customized data points, test a lot of various signal combinations, and clearly realize that I always have the only, and ultimately final opinion that matters as to what and when to buy and sell.
Kimble - Fang stocks hitting
Posted by sbaxman111 on 1st of Feb 2018 at 09:43 am
Kimble - Fang stocks hitting resistance - https://mail.aol.com/webmail-std/en-us/suite
https://www.zerohedge.com/news/2018-01-31/reversion-mean
Posted by sbaxman111 on 31st of Jan 2018 at 12:25 pm
https://www.zerohedge.com/news/2018-01-31/reversion-mean
https://www.cnbc.com/2018/01/26/bofa-indicator-has-sent-its-strongest-stock-sell-signal-in-5-years.html
Posted by sbaxman111 on 26th of Jan 2018 at 02:27 pm
https://www.cnbc.com/2018/01/26/bofa-indicator-has-sent-its-strongest-stock-sell-signal-in-5-years.html
The SPX has now gone
Posted by sbaxman111 on 24th of Jan 2018 at 01:28 pm
The SPX has now gone 96 days without at least a one day -0.60% decline - a record that dates back to 1945. The SPX has also gone 108 days without a one day -1.0% decline. The record is 184 days which ended on 11-20-63. Others streaks are 154, 142, 131, 123, 115, 112, and 109 days without the -1.0% loss. The current run of 445 days w/o a 3% pullback stands as the record, and is 75 days longer than second place. The SPX is nearing the 593 day streak from 8-3-1959 w/o a 5% correction, as it currently stands at 575 days as of yesterday's close.
Today's Lance Roberts article on
Posted by sbaxman111 on 23rd of Jan 2018 at 02:24 pm
Today's Lance Roberts article on the RSI claims that the weekly RSI(16) (quarterly) value is the highest such value recorded in the last 67 years,
Adam Koos recently posted: “The weekly chart (or intermediate-term) look at momentum in the S&P 500. Just one week ago, I was posting on social media and explaining that there had only been two times in the last 6-plus decades that the market had been this overbought. Thanks to the second week of January, the market is more overheated today than it has been in more than 67 years!”