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08/12/2019 Live Update

Re: 08/12/2019 Live Update

Postby Al_Dente » Mon Aug 12, 2019 12:02 pm

"Risk Ratios" are all still red
812risk ratios.png
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Re: 08/12/2019 Live Update

Postby Cobra » Mon Aug 12, 2019 12:03 pm


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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 12:10 pm

I got a feeling we may closed higher today. I am buying on the north bound train now.
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Re: 08/12/2019 Live Update

Postby Al_Dente » Mon Aug 12, 2019 12:40 pm

SPLV is the S%P 500 Low Volatility ETF
SPLV holds 101 stocks, none are weighted more than 1.26% so it’s pretty evenly weighted.
Sector weight (as of August 2019) is: Utilities 24%, Financials 20%, Real Estate 20%, Staples 10%, Industrials 6%, Technology 5%, Discretionary 5%.
80% are large cap, 20% are mid cap.

In the charts from the December low, see the bottom panel: SPX (purple) is up 23%, while SPLV (low volatility, green)
is currently the best performer here, up 27% :o :o , and the high volatility (SPHB, high betas, pink) is up 22.9%.

812splv.png.png
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Postby MrMiyagi » Mon Aug 12, 2019 12:53 pm

BullBear52x wrote:I got a feeling we may closed higher today. I am buying on the north bound train now.


Be careful, Down:Up volume ratio is 4.50:1. Pressure to the downside so far.
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Re: 08/12/2019 Live Update

Postby Al_Dente » Mon Aug 12, 2019 1:09 pm

see EWH
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Postby MrMiyagi » Mon Aug 12, 2019 1:23 pm

Down:Up volume ratio now above 5:1.

So far Bears have had many opportunities to crush this, at a point the PPT will just smack them out of the way if they can't finish what they started.

Capture.PNG
spy
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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 1:41 pm

I tried to be bullish but not with this chart, if 5 DMA failed watch out below.
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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 1:44 pm

I am selling
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Re: 08/12/2019 Live Update

Postby Cobra » Mon Aug 12, 2019 1:45 pm

my guess is 51% chances of reversal up from around here (could be a fake breakout first). let's see.
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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 1:53 pm

82ish.
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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 2:00 pm

Something is not right on either side. I am sitting out .
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Re: 08/12/2019 Live Update

Postby BullBear52x » Mon Aug 12, 2019 2:17 pm

3 sells with 3 reversals

Not a range day but no selling hard either. I am confused. I need a walk. later....
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Re: 08/12/2019 Live Update

Postby JFR » Mon Aug 12, 2019 2:25 pm

Daily, 15 min, 5 min charts all trend down, with some mixed signals. Flattening. There is always money just looking for any excuse to buy. Very dangerous market. Got some longer term stuff running. No time for scalping today.

Back later ...


2019-08-12_1114.png
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Re: 08/12/2019 Live Update

Postby Al_Dente » Mon Aug 12, 2019 2:35 pm

VIX is back above 20
HOD
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Re: 08/12/2019 Live Update

Postby Cobra » Mon Aug 12, 2019 2:54 pm

volume surge, so might be a rebound here first but this bear shall have legs.
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Re: 08/12/2019 Live Update

Postby Daniel » Mon Aug 12, 2019 3:10 pm

SPY over 289 would be an interesting long, based on a 15min chart (above the 20ema plus other triggers)...
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Re: 08/12/2019 Live Update

Postby Daniel » Mon Aug 12, 2019 3:11 pm

aapl struggling to hold above 200/sh.
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Re: 08/12/2019 Live Update

Postby ccash04 » Mon Aug 12, 2019 3:11 pm

Still have not seen it puke yet, think market can still be sold just have to be able to withstand some minor bounces.
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Re: 08/12/2019 Live Update

Postby ccash04 » Mon Aug 12, 2019 3:14 pm

Ultimate Safehaven continues to be BYND which is still solidly green.
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