Remaining at Neutral.
The market is waiting for AAPL reporting after market close today .........
Posted 26 April 2016 - 09:40 AM
Remaining at Neutral.
The market is waiting for AAPL reporting after market close today .........
Posted 26 April 2016 - 09:42 AM
Will it drop another earnings bomb like other big tech companies?
Edited by redfoliage2, 26 April 2016 - 09:42 AM.
Posted 26 April 2016 - 09:44 AM
I see the likelihood is high...........
Posted 26 April 2016 - 10:31 AM
Lot of indexes putting in what look to big pivots in last few minutes.
Until they are broken, bulls could conceivably have one last romp to the upside....
So far, VIX stuff not confirming the slide after the initial pop....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 26 April 2016 - 10:33 AM
SQQQ still by far the strongest looking of the inverse ETFs at this juncture....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 26 April 2016 - 10:53 AM
Bulls' secret weapon for holding up the market is by keeping VIX futures down. However, the task has become harder and harder as VIX is at the bottom boundary of the IT range. Bulls are running out of time..........
Posted 26 April 2016 - 11:02 AM
I wish the Russell bulls would stop the nonsense. It went over the downtrend line a little and they get completely insane. SP500 drops 15-20 points, overall Russell goes nowhere. My TZA position goes green on the day today, and then SP500 moves up 2-3 points. In reaction these slobbering so and so's jam up the Russell like mad, many many times the move in the other indexes. Its just not worth this for an eventual payoff.
Posted 26 April 2016 - 01:52 PM
Posted 26 April 2016 - 06:44 PM
Posted 27 April 2016 - 09:33 AM
Currently in Bearish mode.
The holding up will be resolved soon.............
Edited by redfoliage2, 27 April 2016 - 09:34 AM.