118 replies to this topic

[slupert]

 

Be patient, bears, what's left of that specie!
SPX 3190/3220 is the huge resistance zone; if it breaks above that then buy as much as you can
 

CNBC's Fast Money

 

@CNBCFastMoney

 

"There is no S&P index anymore. It's just a few names."

@CarterBWorth

takes to the charts to explain the market's major bifurcation.

 

Truer words have never been spoken.

[dTraderB]

"Were seeing truly rare breadth readings.

The percent of emerging market stocks above their upper Bollinger Band has spiked to its highest level ever!

From Robinhood traders to tech stock speculators to Chinese investors, people are throwing caution to the wind"
https://t.co/Iz9LJuZz4L

[dTraderB]

"S&P Positioning.

Speculators covered even more Shorts last week, almost turning Long.

This was the second largest 2-week net increase of all time, rivaling Sept 2007.

Looking at history at a minimum, this positioning is no longer a clear supportive signal for Stocks."
https://t.co/B1VJlYRYND

[dTraderB]

closed one of 2 NQ hedge long   +2.75 points 

did its job overnight, now NQ daytrading  takes over

[12SPX]

Nice news d always love it!  Ended up getting a groin pull with my tennis yesterday so was laying around lots.  Although I didn't post it on here I did short the ES at 3180 last night and still holding it with a profit stop of 3170, we'll see what happens after the open. 

[12SPX]

Okay took off the profit of 20 points at the open here and now looking to build a new short around 3160!! 

[OEXCHAOS]

In fairness, don't almost all of us here scoff at fundamental analysis?

[12SPX]

Profit stop 3159, hmmmmm I don't totally especially when the market is moving up only on 6 stocks, thats not a market to me!  

[12SPX]

And out for 1 point, hmmmmm

[12SPX]

Okay trying to start a build a short at 3164 see what happens...