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I follow @leadlagreport on Twitter

Lumber

Posted by timebandit on 12th of Jun 2021 at 05:29 pm

I follow @leadlagreport on Twitter . His 2015 white paper, Lumber Worth Its Weight in Gold, has some interesting studies in it regarding the $Lumber:$Gold ratio. It's geared more toward portfolio management than trading, but one could still incorporate the approach into the context of his or her trading strategy.

RAFA catching the pharma wave.

Posted by timebandit on 11th of Jun 2021 at 10:12 am

RAFA catching the pharma wave.

Thanks, watcdy. It showed a price under THBR in premarket, but nothing available now under THBR or INDI.

THBR up ~4% premarket. BB

Posted by timebandit on 11th of Jun 2021 at 09:02 am

THBR up ~4% premarket. BB width flatlined essentially at zero for nearly a month before move began last week. Tested the 50 ma yesterday and still had the strength to close above the 200 ma. Volume has been good but not overwhelming. Yet. Once again, credit to  fundamentalvalueon this one.

THBR Chart

$RVX - R2K volatility is

Posted by timebandit on 10th of Jun 2021 at 04:07 pm

$RVX - R2K volatility is decorrelating. Back-to-back decorrelation spikes like this more often than not yield a volatility spike. There's also MACD divergence

RAFA also looking interesting.

Agreed. Been watching it as

ALT starting to move.

Posted by timebandit on 9th of Jun 2021 at 11:26 am

Agreed. Been watching it as well

Couple other charts that have me cautious. As usual, there are also charts with a bullish context. It's rarely cut and dried

Big spike on $VVIX this

Posted by timebandit on 9th of Jun 2021 at 10:04 am

Big spike on $VVIX this morning. Very early. Close is what matters...

AMC = Pot of gold

Double Rainbow

Posted by timebandit on 9th of Jun 2021 at 09:03 am

AMC = Pot of gold lately

I almost posted DGNR Chartalso last night. They were also supposed to close their deal this quarter. My mistake: CCC is the merger for their SPAC.

WPF Chart- one of the

Posted by timebandit on 8th of Jun 2021 at 11:01 pm

WPF Chart- one of the SPACs fundamentalvalues shared with us earlier this year. Is supposed to close its deal with CCC this quarter, which would mean this month. No guarantee that happens, but someone has been accumulating. We'll see.

$TNX gapped down out of

Posted by timebandit on 8th of Jun 2021 at 09:53 am

$TNX gapped down out of the lower band, good for TLT, for today at least. Ribbon trying to flip negative on $TNX.

AAZZF has continued up today despite the broader weakness. I more than doubled my position this morning

REMX (rare earth metals ETF)

Posted by timebandit on 4th of Jun 2021 at 04:03 pm

REMX (rare earth metals ETF) was mentioned on Twitter recently and I started following it. Appears to be making a breakout on strong volume. On a side note, UUUU is a player in rare earth metals, which is another reason I bought it recently.

REMX Chart

I bought this pullback. Let's see what happens.

Dang, that bitcoin triangle is

Bitcoin Daily Updated

Posted by timebandit on 4th of Jun 2021 at 08:35 am

Dang, that bitcoin triangle is sure playing out perfectly!

AAII Chart- Man, I missed

Posted by timebandit on 3rd of Jun 2021 at 08:08 pm

AAII Chart- Man, I missed this yesterday.  Bulls spiked up to 44.07. Bears plummeted to 19.76.

$CPCE 9 ema doesn't often

Posted by timebandit on 3rd of Jun 2021 at 07:52 pm

$CPCE 9 ema doesn't often get this close to the lower BB. Usually good for a pullback. It has not gone below the BB. Yet. We'll see. (Meant to post this last night. Sorry, got distracted.)

Thanks, Steve. Good newsletter.

Thursday Newsletter

Posted by timebandit on 3rd of Jun 2021 at 07:45 pm

Thanks, Steve. Good newsletter.

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