8 replies to this topic

[dTraderB]

You got to give it to the bulls: they have come back from numerous bear raids during the past week and still hold the edge. 

 

But, it has been choppy, nervy, and indecisive as both bears & bulls maneuver for the decisive move in their direction. 

 

Bears have to go for it now or else the bulls can move this very quickly above SPX 2800.

 

Long weekend ahead, I will be leaving quite early tomorrow, going SHORT into the weekend. 

 

Doji City At The 200-day

Posted on February 14, 2019by macromon

Total indecision in the S&P 500 price action at the 200-day moving average.

Very similar to past short-term peaks but if it were that easy,  we’d all be eating caviar on our yachts.

Impressive that market doesn’t break.  No sellers.

Nevertheless, better seller before everyone else starts selling.

Source:  Using Japanese Slang

https://global-macro...at-the-200-day/

 

 

[dTraderB]

Still above zero, minor divergence

 

 

https://www.mcoscill...lan_oscillator/

 

https://www.mcoscill...t_breadth_data/

 

 

[dTraderB]

Berkshire stealthily getting out of APPLE?

 

Helene Meisler‏ @hmeisler

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Helene Meisler Retweeted Jennifer Ablan

Warren: It wasn't me

Helene Meisler added,

Jennifer AblanVerified account @jennablan

BERKSHIRE SAYS ANOTHER PORTFOLIO MANAGER AT BERKSHIRE WITH AN APPLE STAKE SOLD PART OF IT TO MAKE AN UNRELATED PURCHASE @Reuters

 

 

 

[dTraderB]

OPEX week --- going nowhere real fast! We want to render as many calls & puts as possible worthless!

 

They will never catch me again after my early few years of naivety!

 

 

1. Helene Meisler‏ @hmeisler 2h2 hours ago

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   Put/Call ratio for VIX yesterday was 90% (lotta puts relative to calls) Today: 20%. So which is it? you think VIX going down or up?   

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   NYSE UP volume: 1.885 mil shs NYSE DN volume: 1.885 mil shs about sums it up

     
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   QQQ

   

    

4. The longer the market goes without a correction the more folks will call for one.

    
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   NVDA says what pre announcement? And how bout that h/s bottom?

    
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7. Third straight day selling into the close

Edited by dTraderB, 14 February 2019 - 07:55 PM.

[dTraderB]

THE END IS NIGH 

 

 @Schuldensuehner

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The strange comeback of #socialism: Millennial socialists think that inequality has spiralled out of control and that the economy is rigged in favour of vested interests. They believe that the hierarchies which govern society must be “democratised”. https://www.economist.com/leaders/2019/02/14/millennial-socialism?utm_medium=pr …

[dTraderB]

There come a time when it is a return to a GENUINE BULL market rather than a bear market bounce... that time is near unless the bears can take it down

 

1. Charlie Bilello‏Verified account @charliebilello 11h11 hours ago

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   During 2011 correction, S&P bounced 20%, then declined 10% on 2nd leg down (no lower low). During 2015-16 correction, S&P bounced 13%, then declined 14% on 2nd leg down (lower low). From Dec 2018 low, S&P has bounced 17%...

   

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   Charlie Bilello‏Verified account @charliebilello 11h11 hours ago

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   S&P 500: 58% of stocks in the index are now above their 200-day moving avg, most since Oct 9. Oversold bounces during the 2011 & 2015-16 corrections stalled @ 54/56% w/ another leg down b/f subsequent rally to new highs. $SPX

   

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[.Blizzard]

It's pretty simple

 

China deal = New Highs

 

No China Deal = New Lows

 

Until then the markets have not priced the deal, so in the meantime, with the optimism thats reigns supreme, the price will go up at least to 2810/2820 of the S&P

 

This market is impossible to short for now

[robo]

Long SDS again for a VST trade....

 

 

https://stockcharts....92c&a=644642044

 

Playing Da-Gap will fill with a Beer Money position. The Battle by the BOTS at the 200 DMA....  Keeping it small and staying nimble for now....

 

Stop will be a few cases of beer under my buy.....I drink pretty good Beer too....

 

Good Trading!

 

02/15/2019  09:30:36   Bought 200 SDS @ 35.0701

Edited by robo, 15 February 2019 - 10:15 AM.

[q4wer]

Tim Ord 's short term view is wrong ?