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04/14/2017 Weekend Update

04/14/2017 Weekend Update

Postby Cobra » Thu Apr 13, 2017 4:54 pm

Just start a new thread so that guys can have chat in the weekend. Noticed the visits are now way down than years ago which is a sign of complacency.

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Re: 04/14/2017 Weekend Update

Postby Cobra » Thu Apr 13, 2017 4:56 pm

don't forget our weekly sentiment poll here: viewtopic.php?f=9&t=2430

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Postby MrMiyagi » Thu Apr 13, 2017 4:58 pm

Cobra wrote:Just start a new thread so that guys can have chat in the weekend. Noticed the visits are now way down than years ago which is a sign of complacency.


This drop and Trump's bombing party should bring some back.
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Re: 04/14/2017 Weekend Update

Postby Cobra » Thu Apr 13, 2017 5:00 pm

No stock picks for the next week. The strong stocks count continue down...
viewtopic.php?f=10&t=2432

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Re: 04/14/2017 Weekend Update

Postby Cobra » Thu Apr 13, 2017 5:01 pm

downdowndown0.gif
downdowndown0.gif (1.94 MiB) Viewed 1490 times

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Re: 04/14/2017 Weekend Update

Postby Al_Dente » Thu Apr 13, 2017 9:12 pm

fear greed.png.png
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Re: 04/14/2017 Weekend Update

Postby Al_Dente » Fri Apr 14, 2017 1:13 pm

EW forcast for the Bank Index $BKX
414ew banks.png.png

NFLX reports Monday AFTER THE CLOSE

Reporting Tuesday BEFORE THE OPEN
BAC
GS (7.65% of the dow)
JNJ (4.12% of the dow)
UNH (3.75% of the dow)
SCHW

Reporting Tuesday AFTER THE CLOSE
IBM (5.66% of the dow)
YHOO
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Re: 04/14/2017 Weekend Update

Postby Al_Dente » Sat Apr 15, 2017 3:28 pm

JNUG
Direxion announced on Thursday after the close:
"...effective immediately, daily creation orders in the Direxion Daily Junior Gold Miners Index Bull 3X Shares leveraged exchange traded fund (Ticker: JNUG) are temporarily suspended until further notice."
This essentially turns the ETF into a closed-end fund, where the NAV (Net Asset Value) becomes key, and the JNUG moves from premium/discount to the NAV, like all closed-end funds do.
This is a rare situation that doesn’t usually last long, but JNUG holders should be aware that the game has changed. Keep an eye on the Direxion website for resumption of business-as-usual, or other news.
http://www.direxioninvestments.com/pres ... -3x-shares
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Re: 04/14/2017 Weekend Update

Postby Al_Dente » Sat Apr 15, 2017 5:27 pm

Backwardation update:
Since April 6 (the day when the VIX Futures moved into backwardation), the dow is down roughly -216 points
Since then, which juiced shorts performed the best ?
(This will change faster than your head can spin; juice is only for aggressive traders)
(Note: NUGT 3x long gold is included as folks love to race into gold for what they believe is “safety”)
Chart is juiced SHORTS, percentage change, 5 min, since April 6

415shorts.png.png
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Re: 04/14/2017 Weekend Update

Postby QED » Sat Apr 15, 2017 5:39 pm

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Re: 04/14/2017 Weekend Update

Postby BullBear52x » Sun Apr 16, 2017 12:33 pm

It is what it s department:
Same short term bearish view, no improvement for da bulls but only 2x bottom left to wonder.
3.PNG
1.PNG
Trend following with me here http://bullbear52x.blogspot.com/
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Re: 04/14/2017 Weekend Update

Postby BullBear52x » Sun Apr 16, 2017 12:52 pm

GLD buy the dip breakout with HH
1.PNG
SLV buy the dip not quite got HH, still weak.
2.PNG
USO sell the rip is at work.
3.PNG
UUP sell the rip, so far LH and LL down channel is still kicking.
4.PNG
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