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Bear Update


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#1 RagingSpartan

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Posted 21 December 2018 - 11:41 AM

Small caps not buying the rally nonsense again this morning. Another tell.

#2 beta

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Posted 21 December 2018 - 11:58 AM

Back in short, and will stay short until 2345 (200-weekly MA).   NQ not buying it either.


Edited by beta, 21 December 2018 - 12:01 PM.

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#3 saltlake

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Posted 21 December 2018 - 12:23 PM

Crazy, same tune almost every day, they try and rally in the AM and then down. The VIX remains super complacent(weird). I was looking for a flush today (maybe) to 2400 and then end of day rally. Running out of time for that senario though.

#4 fib_1618

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Posted 21 December 2018 - 01:15 PM

Crazy, same tune almost every day, they try and rally in the AM and then down. The VIX remains super complacent(weird). I was looking for a flush today (maybe) to 2400 and then end of day rally. Running out of time for that senario though.

 

Elliott third wave declines are like this...the volatility indexes will be making higher highs as we come into a panic bottom of this same pattern sequence.

 

Look for the center point measuring gap to give more guidance sometime next week.

 

Fib


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#5 RagingSpartan

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Posted 21 December 2018 - 01:25 PM

Small caps are the short. They can't support that index.

#6 fib_1618

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Posted 21 December 2018 - 01:38 PM

Small caps are the short. They can't support that index.

 

As long as the FED continues to support a tighter interest rate policy, equities that are "undeserving" of support will suffer.

 

That includes the MID Caps, Small Caps, and at the bottom of the list, the secondary stocks that trade on the NASDAQ....those of growth.

 

Fib

 

Edit: BTW...the leaders to the downside right now (the last 2 weeks) has been the large caps as they play catch up to those "undeserving".


Edited by fib_1618, 21 December 2018 - 01:40 PM.

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#7 Chilidawgz

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Posted 21 December 2018 - 02:23 PM

capitulation.jpg


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#8 nimblebear

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Posted 21 December 2018 - 02:25 PM

 

Small caps are the short. They can't support that index.

 

As long as the FED continues to support a tighter interest rate policy, equities that are "undeserving" of support will suffer.

 

That includes the MID Caps, Small Caps, and at the bottom of the list, the secondary stocks that trade on the NASDAQ....those of growth.

 

Fib

 

Edit: BTW...the leaders to the downside right now (the last 2 weeks) has been the large caps as they play catch up to those "undeserving".

 

Fed is likely to keep raising rates, as $21 trillion in pensions are at risk, and they need the higher rates to stay solvent.  As rates go higher, a higher percentage will move out of riskier stocks into other 'safer' income investments.  


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#9 beta

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Posted 21 December 2018 - 03:44 PM

Exit SP 2416.   Will look for another entry around 2440


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#10 fib_1618

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Posted 21 December 2018 - 03:48 PM

 

 

Small caps are the short. They can't support that index.

 

As long as the FED continues to support a tighter interest rate policy, equities that are "undeserving" of support will suffer.

 

That includes the MID Caps, Small Caps, and at the bottom of the list, the secondary stocks that trade on the NASDAQ....those of growth.

 

Fib

 

Edit: BTW...the leaders to the downside right now (the last 2 weeks) has been the large caps as they play catch up to those "undeserving". 

 

Fed is likely to keep raising rates, as $21 trillion in pensions are at risk, and they need the higher rates to stay solvent.  As rates go higher, a higher percentage will move out of riskier stocks into other 'safer' income investments.

 

More like reverse QE says my not so smart fundamental mind, but in any case, it's doing more harm than good even if pensions are at risk....no new workers to keep the ball rolling, and the pensions are toast anyway.

 

Fib


Better to ignore me than abhor me.

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"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

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