05/13/2013 Live UPdate

[gappy]

gdx.png

[Unique]

Keep enjoying the free TSLA bull train

ELON! ELON! ELON!

[Cobra]

this bull might have legs.

[Unique]

Keep enjoying the free TSLA bull train

ELON! ELON! ELON!

100% target reached already, not much to say. Trim and trail, leave a runner. Easy peasy

[Unique]

NFLX triggering

See you at 240 in a few sessions If not today

Looking at the 5-minute chart that bull has legs.

Agreed, NFLX is more of a swing trade than an intraday momentum play like TSLA

Here's my weekly resistances for NFLX

[Daniel-David]

eem:spy is hugging a multi-month low. $tran:$spx peaked in mid-March. jnk:lqd is at a nine-month high as junk bond funds are now never called anything other than "high yield funds".

This is the current environment, in ratios, per StockCharts.

[kenttown]

April S&P Expiration Stats

Monday - up 20 / down 9 of the last 29 occasions
Tuesday - up 11 / down 18 of the last 29 occasions
Wednesday - up 15 / down 14 of the last 29 occasions
Thursday - up 17 / down 12 of the last 29 occasions
Friday - up 13 / down 16 of the last 29 occasion

[Cobra]

members only update at 10:55 am
http://www.cobrasmarketview.com/2013/05 ... ve-update/

[Cobra]

I'm busy on something else today, so might not have much update throughout the day. looks like a boring day anyway.

[Unique]

Here's the intraday NFLX targets (not the swing)

[TWT]

$SPX: If today´s lod holds the wave (Y) could be underway with an ED

[Al_Dente]

Emerging Stocks Extend Longest Slump in One Month on China Data
http://www.bloomberg.com/news/2013-05-1 ... urges.html

[Unique]

SPY measure move target + SPX resistance on daily

[uempel]

Looking at the long term: ellipse and Fib cycle on the weekly suggest a move this week

[L_T]

I'm busy on something else today, so might not have much update throughout the day. looks like a boring day anyway.

As long as it's not working on your proposal to sell yourself to GS and we lose our forum I'm OK with it.

[TWT]

$VIX: A reversal pattern is taking shape

[Unique]

I'm busy on something else today, so might not have much update throughout the day. looks like a boring day anyway.

As long as it's not working on your proposal to sell yourself to GS and we lose our forum I'm OK with it.

Cobra wouldn't even passed their first test, you gotta be a good liar to be recruited.

[Trade-a-holic]

Looking at the long term: ellipse and Fib cycle on the weekly suggest a move this week

55.png

This blue time signal of yours seems to be VERY VERY important Uempel...

[Al_Dente]

“We are still in the hint-dropping phase… Take note of the language of John's [John Hilsenrath’s] missive: ‘Federal Reserve officials have mapped out a strategy for winding down an unprecedented $85 billion-a-month bond-buying program meant to spur the economy -- an effort to preserve flexibility and manage highly unpredictable market expectations. Officials say they plan to reduce the amount of bonds they buy in careful and potentially halting steps, varying their purchases as their confidence about the job market and inflation evolves. The timing on when to start is still being debated.’ "

“No one should take this to mean that a rate hike is imminent, even if markets begin anticipating it.
The "Anticipating the End of QE" trade will look something like this:
a) Strong Dollar
b) Bonds Trashed
c) Commodities Sloppy
d) Gold Schiff-ed
e) Stocks Re-Correlated
f) Vix Slightly Elevated

“…and the anticipatory environment can go on for months and months - years!
This is all unprecedented so why pretend to know?

“… the actual QE Exit is a four-step process and will play out over years, not weeks or months…:
1. Slow down of asset purchases
2. Slow down and then stop reinvestments
3. Raise short-term rates
4. Begin sell down of asset portfolios…”

http://www.thereformedbroker.com/2013/0 ... tart-from/

[fehro]

Ascending triangle? SPX 60m.. if it fails.. then a minor double top