I believe it's supposed to be on a print through, so it's
already printed through the recent low of 27.70 and since Matt said
it just went on a buy a few hours ago that has to be one of the
shortest KISS trades out there.
On the 78 GDX kiss system it gave a stop of 28.90. That stop was
hit this morning and GDX traded as low as 28.72 then rebounded
strongly (currently 29.42). What happens when the KISS stop is hit
and then a stock rebounds strongly through the stop level. Are we
supposed to buy back in immediately?
Gap on GDX getting close but not there yet. On 3/10 high on GDX
was 27.95. Next session on 3/13 low as 28.34 so the gap is from
28.34 down to 27.95. The way GDX is so weak it will probably
overshoot the gap going below 27.95 or may fool everyone and not
even approach the top of the gap at 28.34
With GDX and GDXJ breaking to new lows today I can't see a
H&S bottom forming on any of the charts, but unfortunately
possible a longer term H&S top. But todays breakdown
could be a head fake.
With GDX and GDXJ breaking to new lows today I can't see a
H&S bottom forming on any of the charts, but unfortunately
possible a longer term H&S top. But todays breakdown
could be a head fake.
I too had the misfortune to sign up for one of his plans last
year. I took four of his recommended trades and lost on each
one although not that much as I wasn't risking much as I wanted to
see how his recommendations went. I took advantage of his money
back guarantee to cancel but kept getting the run-around. Then to
add insult to injury they charged my card again without my
permission then claiming it was all due to some sort of computer
mix up. I had to end up doing a chargeback on my credit card so my
advice is to stay far away from this guy unless you like losing
money. If you want to make money just stay on here!
Real fear and a spike in VIX to the correction high sets
in at the early part of the downturn and then levels off before a
market bottom is made. This makes sense, since VIX measures
the expected volatility over the next 30 days. The rule of 16 says
that VIX/16 is the expected average daily volatility implied from
the value (with one standard deviation). VIX = 32 implies a market
pricing in daily swings of 2% over the next 30 days (or 21 trading
days). That is unusually high. We have had a few days exceeding
that by far, but on average, 2% daily is still VERY high. Of course
anything is possible in this market...
For a DVDS short system on the SPY that was a mistake and no
longer shows it was okay for a quick trade. I sold SPY in the AH at
450.12 and just covered at 446.55 when I read the post saying the
signal had vanished. Not bad for under 24 hours so bring on more
"vanishing signals: like that :-)
Gold Stocks Bear Market? As a goldbug I am hoping this downturn
since August is just a correction in a ongoing gold bull market.
However this recent crash in the gold stocks where they sliced
through major support levels and moving averages is quite
concerning and not the typical action of s correction in a bull
market. I read a report dated July 3 from a well respected
analyst whose opinion is that we are in a gold bear market which
started back in August. He makes some very compelling reasons as to
why gold stocks are no longer in a bull phase. I hope he isn't
right so I was curious as to what other members think as well as
Matt and Steve.
SMS Alerts question for Steve or Matt. In the Account section
there is the option to enable SMS alerts. However when I try to
enable it says I need to sign up for Breakpoints. I am already a
member and have been so for quite some time so if there a trick to
signing up for SMS alerts let me know. I apologize for posting this
non stock question in the room but I first tried reaching out using
the contact tab but got no reply. Thanks
The airlines especially strong today including DAL and
Southwest. I know an analyst at Morgan Stanley recommended
them and gave a price target of $54 on Southwest. However I know
from past experiences that sometimes when a stock is recommended it
will go up that day and then gradually revert back to where it was
before the recommendation.
I love the daily commentary as its one of the best benefits of
this site. Going to one or two a week would defeat the purpose of
this site and I would be gone as I suspect others would be. How in
the world can someone say these daily charts cause confusion.
If someone doesn't want to listen to all the charts and
commentary for each one they can switch from the original player to
the new player and listen to what they want to and avoid what they
don't want to hear. This suggestion that the daily newsletters
cause confusion and conflicting information is one of the craziest
things I have read on this blog! If the poster can't understand the
daily commentary and gets confused by it sounds like his best bet
would be to find another service that is more to his liking.
I remember back in mid April you said FB was your favorite kind
of short and then it was at the $180 level. What makes it look ripe
for shorts now in your opinion versus back in April when you
thought it was a good short?
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On Wednesday (11/1) the STS
GDX 78 min KISS system: STS moves up to 28.3
Posted by victorh on 3rd of Nov 2023 at 03:51 pm
On Wednesday (11/1) the STS sell signal on GDX was hit at 27.80 and then it went below that to 27.61. Was there a signal to get back in?
clarification, recent low was 27.80
GDX 78 min KISS
Posted by victorh on 1st of Nov 2023 at 12:51 pm
clarification, recent low was 27.80 which it just printed through - last 27.76
I believe it's supposed to
GDX 78 min KISS
Posted by victorh on 1st of Nov 2023 at 12:50 pm
I believe it's supposed to be on a print through, so it's already printed through the recent low of 27.70 and since Matt said it just went on a buy a few hours ago that has to be one of the shortest KISS trades out there.
On the 78 GDX kiss
Posted by victorh on 23rd of Oct 2023 at 11:45 am
On the 78 GDX kiss system it gave a stop of 28.90. That stop was hit this morning and GDX traded as low as 28.72 then rebounded strongly (currently 29.42). What happens when the KISS stop is hit and then a stock rebounds strongly through the stop level. Are we supposed to buy back in immediately?
Gap on GDX getting close
Posted by victorh on 15th of Aug 2023 at 12:33 pm
Gap on GDX getting close but not there yet. On 3/10 high on GDX was 27.95. Next session on 3/13 low as 28.34 so the gap is from 28.34 down to 27.95. The way GDX is so weak it will probably overshoot the gap going below 27.95 or may fool everyone and not even approach the top of the gap at 28.34
With GDX and GDXJ breaking
Beginning to see GDX and GDXJ starting to show positive ...
Posted by victorh on 20th of Jun 2023 at 02:59 pm
With GDX and GDXJ breaking to new lows today I can't see a H&S bottom forming on any of the charts, but unfortunately possible a longer term H&S top. But todays breakdown could be a head fake.
With GDX and GDXJ breaking
Beginning to see GDX and GDXJ starting to show positive ...
Posted by victorh on 20th of Jun 2023 at 02:59 pm
With GDX and GDXJ breaking to new lows today I can't see a H&S bottom forming on any of the charts, but unfortunately possible a longer term H&S top. But todays breakdown could be a head fake.
I too had the misfortune
https://www.jeffclarktrader.com/market-minute/a-bad-omen-for-the-rest-of-2022/ A discussion on $VIX sell signal (this guy is a ...
Posted by victorh on 28th of Jul 2022 at 06:08 am
I too had the misfortune to sign up for one of his plans last year. I took four of his recommended trades and lost on each one although not that much as I wasn't risking much as I wanted to see how his recommendations went. I took advantage of his money back guarantee to cancel but kept getting the run-around. Then to add insult to injury they charged my card again without my permission then claiming it was all due to some sort of computer mix up. I had to end up doing a chargeback on my credit card so my advice is to stay far away from this guy unless you like losing money. If you want to make money just stay on here!
Real fear and a spike
When last did we have a Fed induced rally in ...
Posted by victorh on 16th of Jun 2022 at 04:54 pm
Real fear and a spike in VIX to the correction high sets in at the early part of the downturn and then levels off before a market bottom is made. This makes sense, since VIX measures the expected volatility over the next 30 days. The rule of 16 says that VIX/16 is the expected average daily volatility implied from the value (with one standard deviation). VIX = 32 implies a market pricing in daily swings of 2% over the next 30 days (or 21 trading days). That is unusually high. We have had a few days exceeding that by far, but on average, 2% daily is still VERY high. Of course anything is possible in this market...
For a DVDS short system
Posted by victorh on 23rd of Mar 2022 at 11:10 am
For a DVDS short system on the SPY that was a mistake and no longer shows it was okay for a quick trade. I sold SPY in the AH at 450.12 and just covered at 446.55 when I read the post saying the signal had vanished. Not bad for under 24 hours so bring on more "vanishing signals: like that :-)
Gold going crazy, up from
Posted by victorh on 8th of Mar 2022 at 10:15 am
Gold going crazy, up from 2025 to 2070 in 20 minutes, is this the top or more panic buying ahead?
Gold Stocks Bear Market? As
Posted by victorh on 5th of Jul 2021 at 11:43 am
Gold Stocks Bear Market? As a goldbug I am hoping this downturn since August is just a correction in a ongoing gold bull market. However this recent crash in the gold stocks where they sliced through major support levels and moving averages is quite concerning and not the typical action of s correction in a bull market. I read a report dated July 3 from a well respected analyst whose opinion is that we are in a gold bear market which started back in August. He makes some very compelling reasons as to why gold stocks are no longer in a bull phase. I hope he isn't right so I was curious as to what other members think as well as Matt and Steve.
Gold more oversold than in
Posted by victorh on 3rd of Mar 2021 at 05:46 pm
Gold more oversold than in March 2020 as per picture.
Platinum taking off, any thoughts
Posted by victorh on 10th of Dec 2020 at 09:12 am
Platinum taking off, any thoughts Matt or Steve?
SMS Alerts question for Steve
Posted by victorh on 2nd of Dec 2020 at 12:22 pm
SMS Alerts question for Steve or Matt. In the Account section there is the option to enable SMS alerts. However when I try to enable it says I need to sign up for Breakpoints. I am already a member and have been so for quite some time so if there a trick to signing up for SMS alerts let me know. I apologize for posting this non stock question in the room but I first tried reaching out using the contact tab but got no reply. Thanks
The airlines especially strong today
Posted by victorh on 8th of Sep 2020 at 01:32 pm
The airlines especially strong today including DAL and Southwest. I know an analyst at Morgan Stanley recommended them and gave a price target of $54 on Southwest. However I know from past experiences that sometimes when a stock is recommended it will go up that day and then gradually revert back to where it was before the recommendation.
what does that mean exactly?
BPGDM ticked over PSAR for first time since June 19th...just an ...
Posted by victorh on 1st of Sep 2020 at 08:55 pm
what does that mean exactly?
Can we PLEASE stop cluttering
Ultra long term Elliott Wave count for the S&P500. Looks ...
Posted by victorh on 11th of Jun 2020 at 09:00 pm
Can we PLEASE stop cluttering up this board with talks about the virus and politics. There are tons of other discussion boards for all that. Thanks
I love the daily commentary
TSLA - Chart Link - buying that coil break 3 weeks ...
Posted by victorh on 10th of Jun 2020 at 08:48 pm
I love the daily commentary as its one of the best benefits of this site. Going to one or two a week would defeat the purpose of this site and I would be gone as I suspect others would be. How in the world can someone say these daily charts cause confusion. If someone doesn't want to listen to all the charts and commentary for each one they can switch from the original player to the new player and listen to what they want to and avoid what they don't want to hear. This suggestion that the daily newsletters cause confusion and conflicting information is one of the craziest things I have read on this blog! If the poster can't understand the daily commentary and gets confused by it sounds like his best bet would be to find another service that is more to his liking.
I remember back in mid
Posted by victorh on 4th of Jun 2020 at 05:03 pm
I remember back in mid April you said FB was your favorite kind of short and then it was at the $180 level. What makes it look ripe for shorts now in your opinion versus back in April when you thought it was a good short?