SPX and QQQ decent bounce

Posted by steve on 2nd of May 2024 at 08:02 am

SPX and QQQ decent bounce once again from demand overnight

AAII Sentiment  Bulls 38.5 Bears

Posted by rbreese on 2nd of May 2024 at 07:46 am

AAII Sentiment  Bulls 38.5 Bears 32.5 percent  Small increase in bulls . 

I knew that was a

USDJPY - widow maker 

Posted by steveo on 2nd of May 2024 at 03:27 am

I knew that was a blow off top, asked wifey in Japan to convert all USD to JPY, 158

It was released this morning - see earlier posts in early am

Does anyone know what time

Posted by rmoore100 on 1st of May 2024 at 09:50 pm

Does anyone know what time tomorrow the QRA data will be released ?    Thanks !!

IBKR - this is a

Posted by DigiNomad on 1st of May 2024 at 07:43 pm

IBKR - this is a good one with a banger of a chart and insane fundamentals. I've been waiting for a pullback but that ABC on the 2 hour that started on April 25th might be it for the time being. 

Althea with some explanation of

Posted by DigiNomad on 1st of May 2024 at 07:18 pm

Althea with some explanation of the stealth easing today

I would like to suggest

Posted by Walt on 1st of May 2024 at 06:40 pm

I would like to suggest that, in Newsletter, Sector Updates, that the "% G/L for Week" be changed to "% G/L trailing 7 Days".  Reason - Monday, that column has no value, Tuesday, tiny value, etc...   Thanks!

Have a nice evening all

Posted by steve on 1st of May 2024 at 06:26 pm

Have a nice evening all - away from the Desk with Family tonight 

Wednesday Newsletter

Posted by steve on 1st of May 2024 at 06:25 pm

BIG snapback up in futures

Posted by rbreese on 1st of May 2024 at 06:07 pm

BIG snapback up in futures at 6pm. 

TLT - Treasury announced a

Posted by DigiNomad on 1st of May 2024 at 05:52 pm

TLT - Treasury announced a buy back today and bigger than even what was rumoured. I think it's kind of rude if I don't follow them in. Long TLT. 

I'm jealous of Buffet, as

USDJPY - widow maker 

Posted by DigiNomad on 1st of May 2024 at 05:27 pm

I'm jealous of Buffet, as usual. He borrowed an insane amount in the Japanese system at near zero and invested it in assets. Most of us can't get loans at Japanese rates like he can. 

USDJPY - widow maker 

Posted by steve on 1st of May 2024 at 05:23 pm

USDJPY - widow maker 

59.48 NAAIM Exposure Index Number is

Posted by rbreese on 1st of May 2024 at 05:10 pm

59.48


NAAIM Exposure Index Number is at a current level of 59.48, down from 62.98 last week and down from 78.26 one year ago. This is a change of -5.56% from last week and -24.00% from one year ago.

Change from Last Week: 11.44%

Region: United States

Value from Last Week: 93.22

Well, should've held through earnings

CVNA +34

Posted by mastermind on 1st of May 2024 at 05:05 pm

Well, should've held through earnings this time. 

115.81 Should tag coming back.....

CVNA +34

Posted by breakout on 1st of May 2024 at 04:48 pm

115.81 Should tag coming back.....

121.93 looks like target

CVNA +34

Posted by breakout on 1st of May 2024 at 04:40 pm

121.93 looks like target

CVNA +34

Posted by steve on 1st of May 2024 at 04:30 pm

CVNA +34

Internals still positive. Positive VOLD

Posted by DigiNomad on 1st of May 2024 at 04:21 pm

Internals still positive. Positive VOLD on NYSE and NQ and positive slope on AD line. But not as convincing now as it was earlier today (NYSE = 1.1)

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