Saturday, May 28, 2016

WEEKLY AND MONTHLY WRAP UP FOR 5/27/2016


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 The main men, $NYAD, is doing the complete opposite of a year ago when they made that horrible divergence off the ATH's and continued down into August and October. They are back into a "leading" position as they broke over the April highs while the $NYA has not yet accomplished that feat. This remarkable run off the February 11 lows is all due to what will now be the sixth quarter in a row of earnings that are lower than the earnings peak quarter of  September 30 2014, when they reached $27.47. The market has been rallying lately based on rumors that the second quarter earnings will continue that streak, thus qualifying the SPY to make new ATH's some time in the coming weeks, woooo hooooo!


  The non-cumulative $NYSI is the only "indicator" not on a buy signal, both the $NYHL and $NYMO remain on buy signals. It's right on the verge of a new signal and all it will take is a couple of more analyst to come out and say earnings for the second quarter are going to be lousy and it should have no problem triggering a new buy, woo hoo ............ 


The result of the best week in some time for our indexes was for the DIA to join the $COMPQ, $TRAN, VWO, $USD and $TNX on SELL signals this week, the 20 SMA below the 50 SMA, the IWM just barely escaped joining them with the big rally on Friday.
Speaking of the SPY (I was, wasn't I????):


It just came out of a BBSqueeze and triggered long Friday, that's in the green box on the right on the indicator, and the SPY closed outside of the bollinger bands for the third day in a row. The last time it did this was on it's way to the April highs when it closed outside the BB's for six days, which is about typical when the BB triggers. We, "SHOULD", have no problem breaking those April highs, AND, if we can just get some of those market maven's to not only come out and say that the earnings recession is going to carry over into the second quarter, BUTT, we are going into an economic recession as well, then, WOOOOO HOOOOOO, THE STINKING SPY WILL GO TO ALL TIME FRICKING HIGHS !!!!!!!!!!!!!!!!!!!!!!!!!!


What this great week in the indexes did with the Bullish Percent indexes was take them from six on sell signals last week to eleven this week, the only one NOT on sell is the $BPMATE, and the 20 SMA is rapidly approaching the 50 SMA on it. It sure would be nice to get the BP's confirming the AD's, but I guess you can't have every thing.


Five of the sectors are on sell this week, XLI, XLY, XLK, XME, XHB, and XRT. with XLU a gnat's ass away.   


XIV was the huge winner in my 77 markets this week, up 10.69%, as I guess any shorts left over are getting the holy shit squeezed out of them. Two of our major markets show up in the top 10 this week, AND, they are "risk ON" assets, IWM and QQQ tied at up 3.44%, which is also interesting as one of them is small cap and the other mega cap, so much for "asset" allocation. The SPY was next at 2.31% with the DIA being the DOG's, "only" up 2.14%, must be a bunch of lousy little companies in that index.


There were only 13 loser's this week, with XIV's opposite being the wiener, precious metals got ripped as interest rates and the dollar rose, and EWZ continued to fall as "inwestors" realize the "new" government is as corrupt as they "old" one, with many of the same individuals involved in it, much like our own government.


Here's the big winner's for the past month, XIV used this week's gains to take the top spot, the few gas owners of us left were pleased as punch to see USO in the number two spot, XLK and QQQ were our big winner's, JUST barely more than what the weekly gain was, all us cereal lovers were also pleased as punch to see DBA in the number 8 spot, sigh, my cereal price never went down but you think I'll see HIGHER prices now?????? The gains drop off pretty fast with SPY only up 1.34%, meaning they were DOWN for the month by 1% until this week, DIA was only up .52%.


Here's the big loser's for the month, 45 of the 77 markets were down. TUR seems a little early, doesn't that usually have it's big drop on the third Thursday of November??

XME is in third place on that list, it had a drop, then the "Bear Flag", AND, in a "Equal Move" scenario, COULD, go back to the $18 "area" if it breaks the flag to the down side....... maybe....... possibly........


Here's the beeg wiener's in the SP 500 this week, I have NO COMMENT when things like XRX and SPLS move 7.5% in a week, LOL ...........
28 stocks had 52 wk highs Friday vs 15 last week, ZERO had lows vs 1 last week, 79 were on 20 day highs vs 36 and ZERO on lows vs 17, I'll be honest I don't ever remember ZERO stocks having a 20 day low in the SP's, 5 had an RSI above 80, ZERO were below 20, IE, ZERO bottom fishing interest. In a little divergence 276 stocks were on a Silver Cross, 20 SMA above 50, vs 306 last week, always interesting when some little anomaly like that pops up.
NYSE had 138 stocks on PSAR buys vs 127 and 32 on sells vs 21, 116 new highs vs 48 last week.


Here's the beg loser's this week, I'd probably get interested in NEM if it dropped 50% .................


Here's the monthly winners, mostly for the buy high and try and find a sucker to buy it even higher crowd.  


Here's the monthly loser's, mainly for those people like, ME, who like to buy low and panic and SELL even LOWER, hahahahaha..............


As ALWAYS, I'm watching AA, I WAS talking about buying in the $8's, but I have to say hhhhmmmmm, it's looks just like the XME, of which it's part of, and an "Equal Move" would be down close to $7. I, MIGHT, also be interested if it can get over that DEATH CROSS level just under $10, I shall see I will ..........

The "MONTHLY" numbers will obviously change a little on Tuesday ............

Tuesday, May 24, 2016

"POSSIBLE" TRADE "IDEAS" FOR 5/24/2016 FROM IVICA

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DV- LONG IDEA
ADDED 5/27/16

DV- LONG IDEA
ADDED 5/24/16:

ADDED 5/23/16:
XBI- LONG IDEA


CF- SHORT IDEA

CRL- LONG IDEA

NLS- LONG IDEA

WHOOP, WHOOP, WHOOP, DANGER, DANGER, POSSIBLE MARKET VOLATILITY AHEAD,  ETC ETC, TRADE AT YOUR OWN RISK!!!!!!

STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY, PLEASE READ THE DISCLAIMER AND PRIVACY POLICY AT THE BOTTOM OF THE WEB SITE. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES (JUST LIKE GOLDMAN SACHS, HAH!).
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.
Further, any opinions, analyses, prices, or other information contained on this blog page is provided for educational purposes only, and does not constitute investment advice or solicitations to trade. We are NOT Investment Advisors, so please consult your own investment adviser before committing any actual funds to the markets. 

CAUTION IS ADVISED!!


Friday, May 20, 2016

WEEKLY WRAP UP FOR 5/20/2016

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As noted on Twitter the$NYSI joined the $NYMO and $NYAD on sell signals this week, the $NYHL, above, is the only one still on a buy signal. I have the chart up just to show how much it fell from last July into the buy signal in February, and how little it has regained since then, IE, it's a weak bounce.


That "11" in the number of stocks that were 4% or greater lower on Friday is the second lowest number ever in my Market Monitor of just under 2800 stocks. I mention it because it's pretty unusual, but it may not mean much as prior low readings preceded moves in both directions, it does, however, note mentioning as those prior instances were either fairly major lows or highs. 

 The $COMPQ, $TRAN, and VWO joined the $USD and $TNX on SELL signals this week, 20 SMA below the 50 SMA,  those three were weak last week and got the sell signal just by moving basically sideways this week.
48 stocks on the NYSE had new 52 wk highs vs 103 last week, 16 stocks made new lows vs 36 last week, 127 stocks were on PSAR buy signals vs 39 last week, and 21 were on a PSAR sell signal vs 114 last week, over all the numbers were better than last week. 


The Bullish percent indexes remained the same with six of them on sell signals.


XLU and XHB joined XLK and XRT with sell signals this week.


41 in my 77 markets were higher this week, SMH was the big winner at 5.33% of of AMAT's earnings, one good report and all the other semi's that were lower off of AAPL earnings are now great buys, hahahahaha, wad ever, USO was up 3.34% so the inflation loving FED should like that, IYT was up 2.41%, I guess hauling all those semi's around .............................
IWM was our major winner, up 1.05%, ALL of it on Friday, then the NasDOGS, QQQ up .92%, SPY .36%, with the loser being the DIA, DOWN .41%, thanks to the likes of MCD, BA, KO and VZ which more than off set the big winners  WMT, CSCO, AAPL and DD. Soooooooo,  AAPL was up  BECAUSEEEE??????


The loser's this week were any thing that hurts when it falls on your foot, IYR and XLU hurt when $TNX goes up, which it did by 8.45% this week, EWZ was down 3.38% when it was realized that it's, aaaaahhhhhhh, still EWZ.


Here's the beeg wiener's in the SP 500 this week, I know AMAT was earnings related, so I'm just going to assume they all were.
15 S and P stocks closed the week at 52 wk highs vs 18 last week, 1 stock at a 52 wk low, FL, there was 36 at 20 day highs vs 29 and 17at lows vs 85 last week, good stuff this week, 3 stocks had an RSI 14 above 80, STJ (AGAIN!), LLL and NVDA, and ZERO stocks showed up under 20,so we are back to a value investor's nightmare, 227 stocks had an RSI above 50 vs 213 the prior week.
.

HRL hurled their investors into the lost column this week, I guess there was no work for WRK, CPB, FINALLY, got some sense and sensibility beaten into it, when it had to confess on Friday that it's earnings are a bunch of shit, sigh, wad ever, I actually made some money on one, if not THE, favorite companies of mine, DE, after they finally admitted that farm machinery has NOT been the place to be, hahahahahahaha, YA THINK!! I like it a hell of a lot better than I did at $95, but I'd like it even better at $70, BUTT, an "Equal Move" scenario off of that $95 "COULD" be targeting $60, which I would REALLY like a lot more.

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