VXXB now below 30
May open a small exploratory LONG position today, and then decide if to add
Posted 25 February 2019 - 09:27 AM
VXXB now below 30
May open a small exploratory LONG position today, and then decide if to add
Posted 25 February 2019 - 09:28 AM
Watching as the move up continues...... Will the VIX hit 12ish this week or is it about to start moving up? We shall see......
Good Trading!
The stock market’s winning streak continues.
We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…
12 is possible but may require another day or two
Still not getting a trigger on my VIX hourly & daily BUY
Posted 25 February 2019 - 09:29 AM
SHELL, CHEVRON, BHP, BIOTECH ETF holdings
Will try to eke out another 1/2 to 1% overall Portfolio gain
but will be closing some or all today
RAISING CASH.... lots of it
Posted 25 February 2019 - 09:46 AM
Still, there is talk of "bear market rally".... from real experts, not fake ones!
But, this has been a V-shaped rally ... big rally... .. that is now near its end, and
it does not mean the market will make new 2019 lows BECAUSE this was bear market rally!
It is somewhat useless to describe this as a bear market rally since you have to go down a long long way to resume a bear market...
got to go now!
Posted 25 February 2019 - 09:48 AM
Watching as the move up continues...... Will the VIX hit 12ish this week or is it about to start moving up? We shall see......
Good Trading!
The stock market’s winning streak continues.
We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…
I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.
Posted 25 February 2019 - 09:59 AM
Watching as the move up continues...... Will the VIX hit 12ish this week or is it about to start moving up? We shall see......
Good Trading!
The stock market’s winning streak continues.
We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…
I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.
Watching these markers, (2800.18 - 2815.15 - 2816.94) and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....
Waiting to see how we close.....
https://stockcharts....00c&a=648358915
Edited by robo, 25 February 2019 - 10:00 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 25 February 2019 - 10:02 AM
Replying to @sentimentraderYup there will be no one left to buy and just sellers. This is actually really bearish
Replying to @sentimentrader @LukeGromenAnother wonderful data point to add to the following... Short interest at the lowest level since 2012 and prior to that, "2007". CTAs fully loaded on the long side. Negatively divergent higher close today from an RSI, MACD, and DSI perspective. Dump imminent?
5:52 PM - 22 Feb 2019
I noticed that divergence as well, gains are news driven on news that may have inadequate substance, One day they'll gap it up but there will be nothing but air underneath. I'm still short via qid, and underwater so far.Jmho
Posted 25 February 2019 - 10:04 AM
Watching as the move up continues...... Will the VIX hit 12ish this week or is it about to start moving up? We shall see......
Good Trading!
The stock market’s winning streak continues.
We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…
I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.
Watching these markers, (2800.18 - 2815.15 - 2816.94) and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....
Waiting to see how we close.....
https://stockcharts....00c&a=648358915
I just added some APR puts. JMHO)
Posted 25 February 2019 - 10:13 AM
Watching as the move up continues...... Will the VIX hit 12ish this week or is it about to start moving up? We shall see......
Good Trading!
The stock market’s winning streak continues.
We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…
I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.
Watching these markers, (2800.18 - 2815.15 - 2816.94) and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....
Waiting to see how we close.....
https://stockcharts....00c&a=648358915
I just added some APR puts. JMHO)
The trend remains up for now Brother....
Looking for my VXF sell signal, but the DMAs still look good. Another gap up that will get filled during the next DCL in my opinion.....
https://stockcharts....35c&a=648136050
Good Trading!
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
Posted 25 February 2019 - 11:21 AM
A fond farewell to my BHP ADR holding.
I wished I had bought this earlier in 2018 but am thankful for a nice run & profit