04/14/2017 Weekend Update
Posted: 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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04/14/2017 Weekend Update
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Re: 04/14/2017 Weekend Update
Posted: Thu Apr 13, 2017 4:56 pm
don't forget our weekly sentiment poll here: viewtopic.php?f=9&t=2430
Posted: Thu Apr 13, 2017 4:58 pm
This drop and Trump's bombing party should bring some back.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.
Re: 04/14/2017 Weekend Update
Posted: 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
viewtopic.php?f=10&t=2432
Re: 04/14/2017 Weekend Update
Posted: Thu Apr 13, 2017 5:01 pm
- downdowndown0.gif (1.94 MiB) Viewed 6725 times
Re: 04/14/2017 Weekend Update
Posted: Thu Apr 13, 2017 9:12 pm
Re: 04/14/2017 Weekend Update
Posted: Fri Apr 14, 2017 1:13 pm
EW forcast for the Bank Index $BKX
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
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
Re: 04/14/2017 Weekend Update
Posted: 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
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
Re: 04/14/2017 Weekend Update
Posted: 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
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
Re: 04/14/2017 Weekend Update
Posted: Sat Apr 15, 2017 5:39 pm
Re: 04/14/2017 Weekend Update
Posted: 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.
Same short term bearish view, no improvement for da bulls but only 2x bottom left to wonder.
Re: 04/14/2017 Weekend Update
Posted: Sun Apr 16, 2017 12:52 pm
GLD buy the dip breakout with HH
SLV buy the dip not quite got HH, still weak.
USO sell the rip is at work.
UUP sell the rip, so far LH and LL down channel is still kicking.