The Impeachment is just another circus show. No teeth and
a waste of tax payer money. People need healthcare, jobs and
be able to support there families as the disparity of wealth
widens.
Retrofitted old planes and tried to overcompensate for the
faults with computer software program. Hundreds dead and CEO
leaves with Millions in compensation. Seems fair.
We started noting the spread between Smart Money and Dumb Money
Confidence over a month ago. And yet it continues to remain
stretched. Saying this is unusual is a major understatement. The
50-day average of the spread is nearing -60% for only the 2nd time
ever. Even though it triggered as sentiment recovered out of the
last two big bear markets, the Backtest Engine shows the S&P
still declined over the next month both times.
If there was any doubt about the persistence of buyers, then
there shouldn’t be after the past few weeks. They’ve shrugged off
worry after worry, and pressed stocks to yet more all-time highs.
Even buyers sometimes fret that maybe things are getting out of
hand. Nobody wants to feel like a fool for buying at the top, and
when we see remarkable price action like this, it starts to worry
even die-hard bulls. Remarkable it has been. For the first time in
more than 20 years, the S&P 500 has moved so much, so fast,
that it has closed above its upper Bollinger Band on a daily,
weekly, and monthly time frame. Not even the biggest momentum moves
of the past two decades can brag about that.
No Doubt. You cannot lose. Just keep backing up the
truck. Just got back from my Companies NSM and every body had
stock picking advice. I have never experienced this in all 10
years I have been at these meetings. So my take away is -
they are all right and I must buy all stocks that are recommended,
even ones that have negative earnings because one day they will
make a profit.
Not sure what to think of those tattoo's. Not going to
look too good when you are in your 70's (sagging Bull and Bear).
I used to live right near that big Bull statue down in
Battery Park City right on the Hudson River. It was a fun 4
years down there. Never had the itch to tattoo the Bull
tho.
And that's a wrap. Another $80 million put to work.
Look forward to seeing how much is going to be printed for
tomorrows open. I need to get into the ink
business.
I love how it says "might need until April". My question
why do they need to provide massive amounts of liquidity in the
repo markets? And why April? Something smells really
bad.
The jaws of death as they call it. My feeling is people
are caught off guard and get some hard selling beg of next week,
shake out weak hands and Bears come out and short the market hard
thinking this "is it" but then another then one more blast up
to fry all short positions (I like the first chart scenario).
Now as we always know - Price is key.
Where do you get the $80 Billion data from? That is just
nuts. The fed is creating a ferocious bubble and fostering
recklessness -that will end badly as they all do. "Jango".
I have been accumulating short positions in SPY and RUT
yesterday and this am. The Dumb money is all in. Mutual
funds are at 2% cash levels (lowest since 1999).
The community is delayed by three days for non registered users.
Futures up tonight, I guess
Posted by ssaffer on 21st of Jan 2020 at 10:28 pm
Futures up tonight, I guess the one day of red was an anomaly.
The Impeachment is just another
SPX 5 min
Posted by ssaffer on 21st of Jan 2020 at 03:14 pm
The Impeachment is just another circus show. No teeth and a waste of tax payer money. People need healthcare, jobs and be able to support there families as the disparity of wealth widens.
Retrofitted old planes and tried
BA Updated View
Posted by ssaffer on 21st of Jan 2020 at 03:09 pm
Retrofitted old planes and tried to overcompensate for the faults with computer software program. Hundreds dead and CEO leaves with Millions in compensation. Seems fair.
Great Story. If I can
A fun read
Posted by ssaffer on 19th of Jan 2020 at 11:37 pm
Great Story. If I can have a fraction of that success in the SPY system.
Posted by ssaffer on 18th of Jan 2020 at 02:35 am
We started noting the spread
Posted by ssaffer on 17th of Jan 2020 at 06:24 pm
We started noting the spread between Smart Money and Dumb Money Confidence over a month ago. And yet it continues to remain stretched. Saying this is unusual is a major understatement. The 50-day average of the spread is nearing -60% for only the 2nd time ever. Even though it triggered as sentiment recovered out of the last two big bear markets, the Backtest Engine shows the S&P still declined over the next month both times.
If there was any doubt about the persistence of buyers, then there shouldn’t be after the past few weeks. They’ve shrugged off worry after worry, and pressed stocks to yet more all-time highs. Even buyers sometimes fret that maybe things are getting out of hand. Nobody wants to feel like a fool for buying at the top, and when we see remarkable price action like this, it starts to worry even die-hard bulls. Remarkable it has been. For the first time in more than 20 years, the S&P 500 has moved so much, so fast, that it has closed above its upper Bollinger Band on a daily, weekly, and monthly time frame. Not even the biggest momentum moves of the past two decades can brag about that.
-Sentiment Trader
No Doubt. You cannot
PSA ... Guys, don't freak out on monday if the ...
Posted by ssaffer on 17th of Jan 2020 at 02:57 pm
No Doubt. You cannot lose. Just keep backing up the truck. Just got back from my Companies NSM and every body had stock picking advice. I have never experienced this in all 10 years I have been at these meetings. So my take away is - they are all right and I must buy all stocks that are recommended, even ones that have negative earnings because one day they will make a profit.
SMCI
Posted by ssaffer on 11th of Jan 2020 at 02:56 pm
SMCI
CNSP
Posted by ssaffer on 11th of Jan 2020 at 02:56 pm
CNSP
Commercial traders still have large
Gold COT Report Updated
Posted by ssaffer on 11th of Jan 2020 at 02:55 pm
Commercial traders still have large short positions
MBOT breaking out of the
Posted by ssaffer on 10th of Jan 2020 at 10:39 am
MBOT breaking out of the wedge.
Not sure what to think
And that's a wrap. Another $80 million put to ...
Posted by ssaffer on 9th of Jan 2020 at 08:45 pm
Not sure what to think of those tattoo's. Not going to look too good when you are in your 70's (sagging Bull and Bear). I used to live right near that big Bull statue down in Battery Park City right on the Hudson River. It was a fun 4 years down there. Never had the itch to tattoo the Bull tho.
And that's a wrap.
Posted by ssaffer on 9th of Jan 2020 at 04:07 pm
And that's a wrap. Another $80 million put to work. Look forward to seeing how much is going to be printed for tomorrows open. I need to get into the ink business.
eye opening. You kind of
$SPX -1) - 'Broadening' Plot Update...Nearing the uppr-line with perhaps ...
Posted by ssaffer on 9th of Jan 2020 at 12:45 pm
eye opening. You kind of new it always existed but the article maps out all the players and the specific relationships.
I love how it says
$SPX -1) - 'Broadening' Plot Update...Nearing the uppr-line with perhaps ...
Posted by ssaffer on 9th of Jan 2020 at 12:27 pm
I love how it says "might need until April". My question why do they need to provide massive amounts of liquidity in the repo markets? And why April? Something smells really bad.
The jaws of death as
$SPX ES - Update...
Posted by ssaffer on 9th of Jan 2020 at 12:19 pm
The jaws of death as they call it. My feeling is people are caught off guard and get some hard selling beg of next week, shake out weak hands and Bears come out and short the market hard thinking this "is it" but then another then one more blast up to fry all short positions (I like the first chart scenario). Now as we always know - Price is key.
Where do you get the
$SPX -1) - 'Broadening' Plot Update...Nearing the uppr-line with perhaps ...
Posted by ssaffer on 9th of Jan 2020 at 12:13 pm
Where do you get the $80 Billion data from? That is just nuts. The fed is creating a ferocious bubble and fostering recklessness -that will end badly as they all do. "Jango".
I have been accumulating short
$SPX -1) - 'Broadening' Plot Update...Nearing the uppr-line with perhaps ...
Posted by ssaffer on 9th of Jan 2020 at 09:42 am
I have been accumulating short positions in SPY and RUT yesterday and this am. The Dumb money is all in. Mutual funds are at 2% cash levels (lowest since 1999).
The fact that nothing blew
Futures up big .... did something blew up ? .... ...
Posted by ssaffer on 9th of Jan 2020 at 09:38 am
The fact that nothing blew up is why they are up. Another morning jam job.
Good work as always.
$SPX -1) - 'Broadening' Plot Update...Nearing the uppr-line with perhaps ...
Posted by ssaffer on 9th of Jan 2020 at 09:26 am
Good work as always.