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UNG vs FCG vs $NATGAS Why

Posted by Walt on 9th of Nov 2023 at 10:07 am

UNG vs FCG vs $NATGAS

Why do these charts look so different?  $NATGAS = Slight Uptrend, UNG & BOIL = Sideways Flat Channel, FCG = Various patterns (nothing definitive).  I would imagine BOIL would have some of its value dissolved daily with the leverage and underlying options rolling over.  But why would UNG, FCG, and $NATGAS not look the same??  

I like this definitive range bound channel on UNG, but do not want to be Limited Partner and get a K-1, so was seeking the same channel in ECG or BOIL.

UNG vs FCG vs $NATGAS Why

Posted by Walt on 8th of Nov 2023 at 03:20 pm

UNG vs FCG vs $NATGAS
Why do these charts look so different?  $NATGAS = Slight Uptrend, UNG & BOIL = Sideways Flat Channel, FCG = Various patterns (nothing definitive).  I would imagine BOIL would have some of its value dissolved daily with the leverage and underlying options rolling over.  But why would UNG, FCG, and $NATGAS not look the same??  (long answer please)

Reason: big dividend on Thurs

The failure of SVB is

Posted by Walt on 10th of Mar 2023 at 03:02 pm

The failure of SVB is Good!, as it might send a message to the Fed - "Hey Fed bozos, maybe way too fast and way too much!"  Next will be some Commercial Real Estate failures since: almost every commercial real estate building is owned with leverage 50-60-70+% and hence, the huge "cost of goods sold" is cost of capital, which has now way more than doubled.   Imagine any other type of business where the cost of goods sold doubles!   Commercial Real Estate transactions are almost frozen in shock wave.  Imagine a year ago paying 3% Debt to acquire a building or adjustable loan, now paying close to 7%.

Trends and Channels:  Great Post

mining stocks

Posted by Walt on 19th of Jan 2023 at 11:34 am

Trends and Channels:  Great Post Matt!  You hit an important topic that has "plagued" me for years:  10 min Trend is Up, 30 min Trend is Down, 2 Hour Trend is UP, and 1 Day Trend is Down.  Is it an uptrend or downtrend?  You imply that you need to establish your trading plan and style and stick to it.  That would imply that you need to select your "preferred" timeframe, put the horse blinders on, commit to the plan for that timeframe. . . but, hedge a bit and keep an eye on the the other timeframes.

ETHE showing good Symmetry a

Posted by Walt on 12th of Jan 2023 at 05:45 pm

ETHE showing good Symmetry a forth time.   Jul 3.86 points, Aug 2.69 points twice, Oct 2.88 points, Jan 2.78 points NOW.

can I get a quick

Posted by Walt on 10th of Jan 2023 at 10:48 am

can I get a quick definition of "supply zone" and "demand zone please" (or, after the market closes :)  thanks

can I get a quick

QQQ Supply Zone

Posted by Walt on 6th of Jan 2023 at 03:54 pm

can I get a quick definition of "supply zone" and "demand zone please" (after the market closes :)  thanks

EDU going parabolic up

Posted by Walt on 22nd of Dec 2022 at 12:58 pm

EDU going parabolic up

ASPS short or long?   There was some discussion that this is a long play, because one of their many services was foreclosure assistance.  But,  I could not find info to support that.  I would think this is a short, not profitable, big run up,...

That is excellent and hilarious.  Thanks brophy!

I am shorting this.  I

ASPS comments

Posted by Walt on 7th of Nov 2022 at 04:03 pm

I am shorting this.  I know we go by Technical Analyis here, so reversion to mean: )    Financials look horrible:  Annual Revenue 2018 $711m, 2019 $580M, 2020 $318m, 2021 $151m, Q2 2021 $38m, Q3 2021 $36m, Q4 2021 $34M, Q1 2022 $35m, Q2 2022 38m and lost $13-15m every quarter.    

Address

33, Boulevard Prince Henri

Luxembourg

1724

Seems way more diversified than

ASPS comments

Posted by Walt on 7th of Nov 2022 at 03:59 pm

Seems way more diversified than forclosure services:   Altisource Portfolio Solutions S.A. is a marketplace and transaction solutions provider for the real estate and mortgage industries. The Company's business processes, vendor and electronic payment management software and behavioral science-based analytics manage outcomes for marketplace participants. It operates through two segments: Mortgage Services and Technology Services. The Mortgage Services segment provides loan servicers, originators, rental property investors and real estate consumers with products, services and technologies. The Technology Services segment provides software and data analytics solutions that support management of mortgage and real estate activities and marketplace transactions across mortgage and real estate lifecycles and information technology infrastructure management services

I would be interested in

Posted by Walt on 31st of Oct 2022 at 02:06 pm

I would be interested in a tally of how many subscribers execute or do (in relation to the systems):
A) ES Futures

B) SPY Options

C) SPY

D) Leveraged ETFs  (SDS, SQQQ, etc..)

Market Up again, VIX Up

Posted by Walt on 24th of Oct 2022 at 11:05 am

Market Up again, VIX Up again = Bearish

Note VIX Up with Market

Posted by Walt on 21st of Oct 2022 at 03:40 pm

Note VIX Up with Market Up Big.  Also note most of the No Profit, Heavy Loss Dogs are NOT up today with the Market (RFIN, PTON, DASH, SFIX, COMP, CVNA, ASAN ARKK, DKNG, BMBL, SE, etc are usually up 2-3 times the percent of the market.

Hi Kobie, dumb question, what

NQ 1min falling wedge

Posted by Walt on 12th of Oct 2022 at 02:03 pm

Hi Kobie, dumb question, what is the symbol of the security you are charting and posting?  What is an "NQ"?

No SPY movement toward close

Posted by Walt on 27th of Sep 2022 at 03:48 pm

No SPY movement toward close - Really very surprising!   I would have bet on big up or down.

FYI, there is SARK, which

Short ARKK Updated View

Posted by Walt on 18th of Aug 2022 at 11:04 am

FYI, there is SARK, which functions as a short to ARKK as well

a better caption response would be "I thought I was Short children?!?"

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