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08/15/2015 Weekend Update

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Cobra
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08/15/2015 Weekend Update

Post by Cobra »

Institutional buying and selling chart from stocktiming shows more distribution than accumulation. However the accumulation is rising. This is a positive divergence which favors bulls.
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Cobra
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Re: 08/15/2015 Weekend Update

Post by Cobra »

Smart money kept covering so it's similar to case 2.), the market is building a bottom?


Since there're some arguments about how to read the chart, so it's necessary for me to explain here how I use this chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.
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Cobra
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Re: 08/15/2015 Weekend Update

Post by Cobra »

Summary of the week's stock picks.
Huge breakout but question is do you have gut to buy at open on such huge gap up?
viewtopic.php?f=10&t=1757&p=197655#p197655

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kongen
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Re: 08/15/2015 Weekend Update

Post by kongen »

Cobra wrote:Summary of the week's stock picks.
Huge breakout but question is do you have gut to buy at open on such huge gap up?
viewtopic.php?f=10&t=1757&p=197655#p197655
And the answer is no!
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Al_Dente
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Re: 08/15/2015 Weekend Update

Post by Al_Dente »

Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 08/15/2015 Weekend Update

Post by Cobra »

Weekly stock picks are for everyone. Not many stocks to pick nowadays frankly, the market is not strong
viewtopic.php?f=10&t=1764&p=197659#p197659

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fehro
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Re: 08/15/2015 Weekend Update

Post by fehro »

Daily / Weekly Candles
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Daily
Daily
Weekly
Weekly
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Re: 08/15/2015 Weekend Update

Post by fehro »

Industry % Weeklies
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Screen Shot 2015-08-14 at 4.38.49 PM.png
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Re: 08/15/2015 Weekend Update

Post by fehro »

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm Still looks rough, trying to improve but weakness reigns.
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Screen Shot 2015-08-14 at 4.43.30 PM.png
fehro
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Re: 08/15/2015 Weekend Update

Post by fehro »

Yields
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Re: 08/15/2015 Weekend Update

Post by fehro »

T2 Channels % Stocks 1+2 Channels <200d Weekly <40d Daily
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Al_Dente
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Re: 08/15/2015 Weekend Update

Post by Al_Dente »

SPX: Note that after years of flat or rising GAAP Earnings, the purple line in the second panel has been stair-stepping down since April.
This is a daily chart, but weekly/ monthly/quarterly charts sing the same tune.
(ignore vertical lines)
815gaap earnings.png.png
[edit: GAAP = “Generally Accepted Accounting Principles”]
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
tsf
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Re: 08/15/2015 Weekend Update

Post by tsf »

Oddball news, not politics

Trolling Putin - How to start World War III

You may have to watch with Chrome or Firefox internet browsers, not Microsoft Internet Explorer

http://www.gifpage.com/tag/pranking/

OR THIS LINK if the above does not animate

http://tumblr.forgifs.com/post/12673443 ... chair-pull
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Royal Flush
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Re: 08/15/2015 Weekend Update

Post by Royal Flush »

if one looks at an 8 hr. ES chart a pattern can be seen. On this scale the ES has made 3 pushes down in an expanding wedge. Likely either this is the last push down or there will be one more. What is critical is what happens when ES reaches the upper trend line which is currently at 2098.00
Red lines denote bars closing at 17:00 (RTH).
ES 09-15 (480 Min)  8_14_2015.jpg
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Al_Dente
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Re: 08/15/2015 Weekend Update

Post by Al_Dente »

A look behind the curtain, using financials as a risk proxy, and using stochastics-9 as a measure of short-term strength/momentum on the daily:
XLF includes all financials; sto 58 (above 50 is roughly considered bullish)
KBE filters out all the reits and insurance and etc., giving us a view of BANKS ONLY; weak under sto 50
KRE are our domestic regional banks; weak under sto 50
KCE are the brokers and money managers; weak under sto 50
Sure enough it is the reits (VNQ) and insurance ($GSPINSC is SPX insurers) that are showing the best sto strength
Hmmmmm….. when was the last time reits and insurance led us to new highs :?:
Bulls need to turn this up, and soon.
816banks.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 08/15/2015 Weekend Update

Post by BullBear52x »

I will pay attention to next sell the rip at LL (edit: LH not LL), bulls need to push higher than 2105 to gain control again. Short term is looking good but mid term to long term is not so healthy.

Mid term is still on the sell mode.
1.PNG
Long term buy the dips or buy until it fails, we are there, this weakness must continue higher or lower low I will see it as a failure.
2.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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