GDX (On bounce off 5 day EMA or 9 day EMA because Gold Futures
are testing 9 day EMA now, long DUST currently). If using the 5 day
EMA it might come in today around $21.05 and that is also an
intra-day 61.8% retrace from $19.80-$23.09.
EYES
SIEN
SQ (Watching, IPO at all time highs with no resistance if it can
hold above short term EMAs)
SIEN
TWTR (Has an inverse head and shoulders pattern on the 60)
Regarding MOS and POT (use to work in this industry):
Oil and fertilizers are correlated. A bottoming action in
CRB/DBC portends to higher demand for fertilizers especially. Also,
HON has a large chemical component. So maybe oil to $44 in the
future would give these ideas legs
Otherwise the whipsaws are against you... Super conservative
when taking profits. Greed doesn't work with with this one. Also I
don't expect XBI or IBB to fall out of bed, rather consolidate
first before the biotechs decide if a real breather is in
order.
The community is delayed by three days for non registered users.
Trade Ideas:
Posted by zitron on 14th of Apr 2016 at 09:13 am
AAPL (For a buck or so)
ALKS (Interesting)
APC (Potential short, XLE is above 200 SMA)
CBK (iffy POS)
CMG (Already moved!)
EYES
OAS
OFG
OVAS (left this one out y'day bc it's a volatile SOB, but BPT likes it)
RIGL (Follow-thru?)
RLYP
SHAK (Above recent highs)
SRNE (Like the pattern)
TAN (On higher low on the 60)
TWTR (Responded to the pattern yesterday)
TXMD (Light volume)
USO (Short possibly for the short term)
VRX
I sold way too early!
CLF
Posted by zitron on 13th of Apr 2016 at 02:11 pm
I thought this number came in at 12:30...
USA EIA Crude Oil Inventories for Apr 8 6.63M Barrels ...
Posted by zitron on 13th of Apr 2016 at 11:59 am
TWTR inverse head and shoulders working...
Quick Trade Ideas and Thoughts:
Posted by zitron on 13th of Apr 2016 at 10:21 am
SIEN so sick!
Quick Trade Ideas and Thoughts:
Posted by zitron on 13th of Apr 2016 at 10:09 am
Pulled that from the big list last night
Quick Trade Ideas and Thoughts:
Posted by zitron on 13th of Apr 2016 at 07:31 am
BABA
CLDX
GDX (On bounce off 5 day EMA or 9 day EMA because Gold Futures are testing 9 day EMA now, long DUST currently). If using the 5 day EMA it might come in today around $21.05 and that is also an intra-day 61.8% retrace from $19.80-$23.09.
EYES
SIEN
SQ (Watching, IPO at all time highs with no resistance if it can hold above short term EMAs)
SIEN
TWTR (Has an inverse head and shoulders pattern on the 60)
Regarding MOS and POT (use to work in this industry):
Oil and fertilizers are correlated. A bottoming action in CRB/DBC portends to higher demand for fertilizers especially. Also, HON has a large chemical component. So maybe oil to $44 in the future would give these ideas legs
What's not to agree with here?! Thanks for the info-confo!
IBB Daily
Posted by zitron on 12th of Apr 2016 at 08:07 pm
SQ nearing breakout territory, until a BO, this is resistance...
Posted by zitron on 12th of Apr 2016 at 12:32 pm
Thanks.
Brokers:
Posted by zitron on 11th of Apr 2016 at 01:40 pm
Brokers:
Posted by zitron on 11th of Apr 2016 at 12:14 pm
Need a new broker ASAP. I have been negotiating with one or two, but looking for low cost and responsive brokers. Any suggestions?
I need to strike < $4.00 per trade with some incentive.
More Trade Ideas for the first few days of the week. Matt maybe you should place yours in the header?
Trade Ideas
Posted by zitron on 11th of Apr 2016 at 12:48 am
AAN (Follow-thru perhaps after a pullback)
AAPL (Support is near if it holds)
BCEI (Pulled back 78.6% and finding support)
CBK (Watching to trigger)
CI (Oversold bounce soon)
CLF (On the same page)
CPXX (Possible short lower than the close or lows of Friday)
CTRP (No daily long trigger, yet)
CVT (May go, if not tomorrow, then Tuesday, BPT long weeks ago)
ETE (Follow-thru)
EYES (Watch)
FCX (Copper may reverse with a morning star like action)
IBB (Possible short but no real negative divergence on the chart, but if market moves lower possible downside action, ES < 2030 concerns me)
INVN
ISLE (No pattern yet, but bull flag)
OVAS (Just watch it, has that look)
SDRL (Like BCEI, a POS for now but when everything else moves higher, so does the $#!+)
SHAK (Above Friday's highs and above Thursday's move for conviction)
SLCA (Watch)
SQ (IPO at new highs, no resistance really above)
TAN (Watch)
TDW (Reversing course near breakout support around 78.6% retracement)
TLT
WYNN (Possible short to $93)
XBI (Possible short, just remember there's no real negative divergence on the chart)
OUR tax dollars are at work for everything:
Tesla is the best car I've ever owned, it's the iphone of cars and future of cars
Posted by zitron on 11th of Apr 2016 at 12:17 am
The government subsidizes or deflates the price of agriculture and dairy, thus we are all on food stamps
The government subsidizes the value of homes because of too little or too much water where private insurance companies claim they would be insolvent
The government subsidizes our energy domestically and internationally with intervention and wars
Our airplanes
Everything is underpriced, therefore an industry that seeks to neutralize the real cost in the long term, is also subsidized
ES Futures: Walked right into this chart when I turned on my screens this morning
Posted by zitron on 8th of Apr 2016 at 07:09 am
Resistance also = 8 day EMA on daily
Little inverse head and shoulders developing on ES.
Posted by zitron on 7th of Apr 2016 at 01:39 pm
If XBI can get to $58.90ish, would set up more N.D. at intra-day resistance...
Posted by zitron on 7th of Apr 2016 at 01:16 pm
Well done! If there is one thing I am certain of, then it is how accurate so many BPT members are at the right time!
LABD
Posted by zitron on 7th of Apr 2016 at 10:35 am
I love to trade this, but XBI has to be overbought on the 1, 5, and 15
LABD
Posted by zitron on 7th of Apr 2016 at 10:21 am
Otherwise the whipsaws are against you... Super conservative when taking profits. Greed doesn't work with with this one. Also I don't expect XBI or IBB to fall out of bed, rather consolidate first before the biotechs decide if a real breather is in order.
50% rule, Steve...
LABD
Posted by zitron on 7th of Apr 2016 at 10:05 am
GL everyone!
LABD
Posted by zitron on 7th of Apr 2016 at 10:01 am
Steve, you see something on the 15 minute chart of XBI that could trigger a short ;)
I trade LABD like my son picks his nose. In and out. In and out. In and out. But there are 15 minute candles one could trigger off of.
SHAK
Posted by zitron on 6th of Apr 2016 at 03:47 pm