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Went short ES at 3300.

Posted by ssaffer on 23rd of Feb 2020 at 10:06 pm

Went short ES at 3300.  Just covered at 3287. Covered now long and looking for 3295.  Then sleep. 

You have to understand that

Gold COT Report Updated

Posted by ssaffer on 23rd of Feb 2020 at 12:24 pm

You have to understand that the Gold and Silver markets are suppressed by the Giants.  They do not want to see Gold and Silver become #1 investment.   Once the debt markets implode we will see the right price action. People get tunnel vision  on the stock market but it is the bond market that rules.  The inversion of the yield curve is the one to watch for long term prognosis of the patient.

That's stone cold.  

I think a good call.  For people that want to mitigate risk can do a  Vertical call spread.  BOTM call and sell a call OTM.   

Need to see a daily

sentiment stuff

Posted by ssaffer on 21st of Feb 2020 at 11:36 am

Need to see a daily close below 3317 for bearish trend.  Think we chop around and get a good trad-able low beg of March.  Shake out all the weak hands.  

MBOT - breaking out of

Posted by ssaffer on 21st of Feb 2020 at 11:26 am

MBOT - breaking out of channel.  GILD nice up move too.  

NEM (Newmont Mining) seems to

Posted by ssaffer on 20th of Feb 2020 at 06:06 pm

NEM (Newmont Mining) seems to be best in class for Gold miners.  

AGEN - really pooped the

Posted by ssaffer on 20th of Feb 2020 at 12:57 pm

AGEN - really pooped the bed today.  

Looking for one more hard push down.

was on my buy list for tomorrow. 

I think we finish 5 of 5  after Trump is reelected, and rates start to push north and fed going to have few tools left.

Probably hit it in the

Newsletter will be late

Posted by ssaffer on 19th of Feb 2020 at 07:49 pm

Probably hit it in the overnight.  I know time and price trump all, the market breadth is very weak.   With this move you would like to see a lot more stocks over their 20 day MA.  Not seeing much of that this week.  

Nice!

Spreadsheet BPT MA higher low DVT's

Posted by ssaffer on 19th of Feb 2020 at 04:16 pm

Nice!

I do not think that

Breadth

Posted by ssaffer on 19th of Feb 2020 at 04:15 pm

I do not think that bodes well for a sustained rally based on that data. 

matt - this is great.

Spreadsheet BPT MA higher low DVT's

Posted by ssaffer on 19th of Feb 2020 at 03:00 pm

matt - this is great.  Thank you for doing this for us.  Two questions - 1. What is best way to save this and keep active on my computer to review during the day, and 2.  I see that it can be shared without and type of login required, might want to password protect it so that it is only accessible to paid members. 

BYND - it's back!  Looks

Posted by ssaffer on 19th of Feb 2020 at 11:33 am

BYND - it's back!  Looks like breaking out of a cup/handle pattern on the Daily.  

Steve - these all  look

Daily Setups to Monitor

Posted by ssaffer on 18th of Feb 2020 at 06:28 pm

Steve - these all  look like nice set ups, for those on SMS - will we get status at the open or when a position is taken?

I find it strange that

Posted by ssaffer on 18th of Feb 2020 at 06:15 pm

Cross my fingers. 

BEWARE PAAS AND AG REPORT TOMORROW

Posted by ssaffer on 18th of Feb 2020 at 05:42 pm

Cross my fingers. 

need to get that indicator

sentiment got extreme there

Posted by ssaffer on 14th of Feb 2020 at 06:00 pm

need to get that indicator in my Tradestation.   

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