3309 Drysdale Ct
Edwardsville, IL 62025
good for you, I didn't buy puts because both Matt and Steve are
biased towards the bull side, so I was scared to short.
looking at up vol vs down vol and OBV of qqq and spy, % of
stocks > 20ma, > 50ma, internal is bad. It is more likely
that the bounce is done and a the low will be tested and eventually
broken and make a new low in March - May, especially if the
inverted yield curve continues to go down at the current rate. gdx
and gld (broke downtrend line) up so much with huge vol, could be
war news driven, but cot and miners internal strength is good.
pretty much all my longs are stopped out, except gold stocks,
was thinking of rebuying labu and tna at the close, but refrain
myself, xbi still looks ok but not sure about the general market,
xlu also seems to be "fine"
with the yield chart is about to be inverted, falling at this
rate, spy is likely to make a new low in March. I am not sure if
spy will even test the 50ma. I may sell all my longs and go short
soon. Most breakouts failed today like recently.
Hi Matt, I don't have paid stockcharts, can you please do this
same yield charts for gold and gdx instead of spy?
small triangle in spy if it can zig zag within, but from up vol
an down vol, I don't have too much confident in the long side, just
I have added to my tna and retl, almost added labu but a bit too
slow to get close to the bottom. spy, iwm, etc small up vol, large
down vol, obviously selling has not done yet
msft looks constructive, adbe and nke not bad, didn't have time
to post since I woke up late and start buying these and selling a
bit of appl and all fb. I was told fb workers can start selling
their given shares on 15 Feb. I heard a fb tech with $160k salary,
bonus around $70k, and is given about 2000 shares, and since the
shares dropped 26%, some of them just want to sell. I had been
doing IT development, but has never been paid this much.
many arkk holdings are up huge for the last few days, I am in a
few, obviously not enough
I like to buy when price is coiling before breakout instead at
the breakout. The problem with coiling is you don't know the
direction after the coil, but the direction is clearer with on
momentum on 15/30/60 min timeframe, better with daily, weekly and
monthly coiling as well. Often, by the time the breakout happens a
huge chunk of the move has already happened. e.g. vsco I bought it
in late Jan when it was coiling. As for xbi, there was not much
coiling but the pull back today + vol look constructive.
if aapl can go up from 50dma to pull up spy, so far the few
day's pull back is constructive.
I have tried bought pre market short when HOOD gapped down, but
I was too late to set a stop and the market opened, it shot up big
(arkk decided to buy the gap down), the day closed from -12 to +
3%. I was going to try this on FB, but did not want to stay up late
to do this. I think a gap down may work better, but I just can't
stay up late at night to do this, so I have gave up on this. The FB
move probably would have netted me 7%. Besides, FB fundamental is
still good, so I tend not to short these ones, but those that do
not make profits.
yes, XBI up vol vs down vol, + sitting on top of 5ema and 10ema,
today's pull back looks constructive for going higher
IWM broke downtrend line from Jan 5, yesterday and today's
action look positive
scared to buy when they are so close to earnings :)
yeah saw that, but I am long dpst, thinking if I should
Bought F for a hammer bounce from 150ma
nem base for a few months, broke out, retest break out last 2
weeks , update, looking at a yearly chart, it holds up much better
than gdx. I just took a closer look at it for weekly and monthly,
nflx went down when spx made the low, and nflx went up when spx
rallied up, I don't have much confidence for fb to rally soon, we
will see :)
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!