3309 Drysdale Ct
Edwardsville, IL 62025
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.
Thanks, watcdy. It showed a price under THBR in premarket, but
nothing available now under THBR or INDI.
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
fundamentalvalueon this one.
$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 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 morning. Very early. Close is what
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
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 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) 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.
I bought this pullback. Let's see what happens.
Dang, that bitcoin triangle is sure playing out perfectly!
AAII Chart- Man, I missed this yesterday. Bulls spiked up
to 44.07. Bears plummeted to 19.76.
$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
Thanks, Steve. Good newsletter.
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