I notice for the last few months you guys no longer post the
COT's for gold. I read on another site the latest COT's released
Friday did not bode well for gold as commercials massively
increased their short positions. When you were posting the COT's on
the weekly gold charts it made it very easy to notice trends. Is
there some reason you no longer post the numbers?
At the start of last week, the major indexes continued lower on
Monday making new short term pullback lows (following increased
tariff talk). After reaching oversold readings on Monday, the
market managed to stage a three day rally with prices peaking out
mid-day on Thursday before giving up some gains into the close on
Friday. Thus far, the bounce on the major indices has been a
normal corrective advance that has failed near at 50-618% Fib
retrace as we have outlined on the 60 minute charts. As you
know, we are currently mapping this advance as a wave B bounce
following the clean symmetry break on the previous decline.
Unless the SPX can hold and impulse higher, we expect price
to come back down and at least retest the 2800 area if not zig zag
lower. For the bulls, we would need to see price hold above
2853 early next week and rally up to new bounce highs. As
always, continue to trade what's in front of you and respect your
triggers.
Even though I like the cars, I doubt I would buy one. Are
they really going to be in business long enough to service it?
Serious concerns that this is a going concern. It
didn't help to take on Solar City and its debt.
Also, not to mention the constant change in pricing and sales
and marketing strategies.... and now a possible battery shortage
because of Model Y build.
I notice for the last
Posted by victorh on 20th of May 2019 at 12:21 am
I notice for the last few months you guys no longer post the COT's for gold. I read on another site the latest COT's released Friday did not bode well for gold as commercials massively increased their short positions. When you were posting the COT's on the weekly gold charts it made it very easy to notice trends. Is there some reason you no longer post the numbers?
$aord up again today as
Quick Look at Australia and Canada
Posted by elliotw on 19th of May 2019 at 11:49 pm
$aord up again today as existing gov should win the election yesterday. More pro business
VSLR Daily View
Posted by steve on 19th of May 2019 at 07:40 pm
VSLR - Chart Link
Weekend Newsletter At the start of
Posted by steve on 19th of May 2019 at 01:19 pm
Weekend Newsletter
At the start of last week, the major indexes continued lower on Monday making new short term pullback lows (following increased tariff talk). After reaching oversold readings on Monday, the market managed to stage a three day rally with prices peaking out mid-day on Thursday before giving up some gains into the close on Friday. Thus far, the bounce on the major indices has been a normal corrective advance that has failed near at 50-618% Fib retrace as we have outlined on the 60 minute charts. As you know, we are currently mapping this advance as a wave B bounce following the clean symmetry break on the previous decline. Unless the SPX can hold and impulse higher, we expect price to come back down and at least retest the 2800 area if not zig zag lower. For the bulls, we would need to see price hold above 2853 early next week and rally up to new bounce highs. As always, continue to trade what's in front of you and respect your triggers.
Enjoy the balance of your weekend,
Steve
Correct
Quick Look at Australia and Canada
Posted by steve on 19th of May 2019 at 11:43 am
Correct
$aord has significant macd and
Quick Look at Australia and Canada
Posted by elliotw on 18th of May 2019 at 06:36 pm
$aord has significant macd and rsi divergence has price makes new highs.
SPX 60 Updated Mapping View
Posted by steve on 18th of May 2019 at 11:58 am
$SPX - Chart Link - see comments on chart. Bulls would need to hold above 2853 and rally to new highs for an impulse to negate the current view.
Quick Glance at few Asian Indexes
Posted by steve on 18th of May 2019 at 11:18 am
$SSEC - Chart Link
$HSI - Chart Link
$NIKK - Chart Link
Quick Look at Australia and Canada
Posted by steve on 18th of May 2019 at 11:15 am
$AORD - Chart Link
$TSX - Chart Link
Some European Index Charts
Posted by steve on 18th of May 2019 at 11:13 am
EZU - Chart Link
EWU - Chart Link
EWG - Chart Link
$CAC - Chart Link
Gartman is the ultimate contrarian
Good Reason to Buy the Dip Early This Morning
Posted by steverobin on 17th of May 2019 at 05:43 pm
Gartman is the ultimate contrarian indicator!
Nice day!
XLU follow up
Posted by steverobin on 17th of May 2019 at 05:42 pm
Nice day!
https://www.thestreet.com/investing/stocks/musk-to-tesla-employees-it-is-hardcore-belt-tightening-time-14963523?puc=yahoo&cm_ven=YAHOO&yptr=yahoo Even though I like the
TSLA
Posted by pmahoney on 17th of May 2019 at 04:27 pm
https://www.thestreet.com/investing/stocks/musk-to-tesla-employees-it-is-hardcore-belt-tightening-time-14963523?puc=yahoo&cm_ven=YAHOO&yptr=yahoo
Even though I like the cars, I doubt I would buy one. Are they really going to be in business long enough to service it? Serious concerns that this is a going concern. It didn't help to take on Solar City and its debt.
Also, not to mention the constant change in pricing and sales and marketing strategies.... and now a possible battery shortage because of Model Y build.
i am getting giddy so
TSLA
Posted by morton7 on 17th of May 2019 at 03:49 pm
i am getting giddy so those who are short might want to cover. they need a new ceo....
TSLA
Posted by matt on 17th of May 2019 at 03:36 pm
TSLA - Chart Link
TSLA - Chart Link - weekly, man o man
'US, China trade talks have
Posted by steve on 17th of May 2019 at 03:05 pm
'US, China trade talks have stalled: Sources' -CNBC
MAIN still holding up great
Posted by matt on 17th of May 2019 at 02:40 pm
MAIN - Chart Link - still holding up great despite going ex dividend, you will receive the div on June 4tth
JO - is like Maxwell
JO - needs some caffeine
Posted by steve on 17th of May 2019 at 02:40 pm
JO - is like Maxwell House "Good to the Last Drop"
XLU follow up
Posted by matt on 17th of May 2019 at 02:39 pm
XLU - Chart Link - I've been saying that it would like try sometime to take out that resistance.
Starbucks keeps shorting it against
JO - needs some caffeine
Posted by matt on 17th of May 2019 at 02:38 pm
Starbucks keeps shorting it against you!