11/10/2014 Live Update

[fehro]

fehro,

Do you think that gap in $VIX from September 19th to September 22nd is filled?

not yet.. based on the close of the candle *added the lower gap as well

[Varaha]

I'm gonna wait until I see the uptrend break for 2 consecutive days. Then I'll consider a short.

DellGriffith --------- >

Do you think that we just saw the bottom in GDX (or $HUI or $XAU, etc...) or do you think there will be another big dump?

[ALdaytrade]

fehro,

Do you think that gap in $VIX from September 19th to September 22nd is filled?

not yet.. based on the close of the candle *added the lower gap as well

Thank you. Yikes, did not see the lower gap!

[MrMiyagi]

Is anyone familiar with Paramount Resources (POU) on the TSX?

Not familiar with this, but the chart is over bought short term.

I see it overbought (like the entire Energy sector), I'm asking because I see December 52/56 call spread of 1,500 contracts which is unusual as the options chain in that is pretty sparse.

[Varaha]

INTRADAY internals are flat
slightest bear advantage is no more than a coin toss at the moment
range day, but we now have a little downtrend channel on the 5min (flag) with two touch points on each side so a THIRD push down is not out of the question
bla bla bla

This chart kills all bearish ideas

oiu.png

Resistance on BPNYA

oiu2.png

uempel ------------------------- > Isn't bullish sentiment contrarian??

[MrMiyagi]

!!! POWER HOUR !!!

[uempel]

INTRADAY internals are flat
slightest bear advantage is no more than a coin toss at the moment
range day, but we now have a little downtrend channel on the 5min (flag) with two touch points on each side so a THIRD push down is not out of the question
bla bla bla

This chart kills all bearish ideas

oiu.png

Resistance on BPNYA

oiu2.png

uempel ------------------------- > Isn't bullish sentiment contrarian??

Bullish Percentages are not a sentiment indicator. Bullish Percentages shows how many stocks of an index are on a P&F buy signal. BPNYA at 50 means that 50% of all NYSE listings are on a P&F buy signal. If the number goes up - so does (in normal times) the market. More stocks are rising. It's a bit more complicated then that - but as a basic rule: if BPSPX and BPNYA go up - not the right moment to short.

[BullBear52x]

Fed or no Fed it doesn't mater, market will do what it wants.

it is what it is dept say...Bears are dead today again peace!

[Cobra]

kind of ascending triangle breakout. tinted area the target.

[Cobra]

vol surge, may see pullback here first then we'll see.

[Heck]

ISE Index opening long undervalued Calls/Puts opened today as low as 62%
ALL and EQ overvalued opening long calls/puts as high as 139% and 203% respectively
This may mean SELL the market

https://www.ise.com/market-data/isee-index/

[fehro]

for Flowergirl.. into the resistance zone? XIV daily.. MA's closing in on each other

[Heck]

Is anyone familiar with Paramount Resources (POU) on the TSX?

POU.TO target +37% to 65

[FlowerGirl]

for Flowergirl.. into the resistance zone? XIV daily

No short SPY till SPX ~2050...though I am watching it like a hawk. On my setups everything is rosy for Bulls, which means the very first sell off will be a fake... (NYCS NHL > 85%...is not a good news for Bears..)

[ALdaytrade]

Is anyone familiar with Paramount Resources (POU) on the TSX?

POU.TO target +37% to 65

When do they report?

[MrMiyagi]

When do they report?

Reported on the 5th, stock went down $3 dollars and recovered.

[Cobra]

reversal of reversal of reversal, let's see if bulls can follow through.

[fehro]

Is anyone familiar with Paramount Resources (POU) on the TSX?

POU.TO target +37% to 65

needs a close over the red line fwiw… POU.TO daily/weekly

[MrMiyagi]

Regarding POU.TO, downside is it pays zero dividend.
Upside is I can buy common and sell November 46 calls at $2.65, either get $120 profit per contract or be protected down to $43.35.

I'm wondering though, why are premiums so high with 12 days to expiry?

ps: thanks for the chart Fehro

[Cobra]

reversal of reversal of reversal of reversal then follow up down, so the breakout might have been failed.