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12/16/2017 Weekend Update

12/16/2017 Weekend Update

Postby Cobra » Fri Dec 15, 2017 5:15 pm

SPY up 4 weeks in a row, the next week has 67% chances to be up again and 83% chances at least another all time new high ahead the next week. Holiday season, guess it'll be boring slowly up most of the days until Dec 28.
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Re: 12/16/2017 Weekend Update

Postby Cobra » Fri Dec 15, 2017 5:20 pm

Here's the latest strong stocks count.
viewtopic.php?f=10&t=2710&p=247685#p247685

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Re: 12/16/2017 Weekend Update

Postby Al_Dente » Fri Dec 15, 2017 7:35 pm

Stunning:
Money Manager sentiment (NAAIM) lept from below 60% to 109.44% in the space of one single week
(100% is “all in”; 109.44% is “all in plus margin”)
Weekly chart
1215naaim.png.png


edit: add: Lyons just posted (saturday afternoon) on the NAAIM:
"That is the highest reading in the survey’s 11-year history, and the 12th reading over 100%."
He has a historical table looking forward weeks and months.
FWIW
http://jlfmi.tumblr.com/post/1685809068 ... o-the-wind
Last edited by Al_Dente on Sat Dec 16, 2017 3:26 pm, edited 2 times in total.
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Re: 12/16/2017 Weekend Update

Postby Al_Dente » Sat Dec 16, 2017 1:15 pm

Here are the top dow performers on the WEEK, brought to you by Disney
1216dow week.png.png
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Re: 12/16/2017 Weekend Update

Postby Al_Dente » Sat Dec 16, 2017 1:23 pm

BIG TECH
Last week ATH: GOOG, MSFT, QQQ
Semis SMH are still weak, but had a huge volume spike on Friday, plus two semis showed up in the best performing OEX-large-caps on the week (TXN and INTC, not shown), giving hope to all semis.
AAPL no ATH but strong, and just a couple points away from testing high (“knock three times”).
Charts are daily, using short-term setting 7/13ma
1216qqq.png.png
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