02/11/2015 Live Update

[BullBear52x]

This is where she normally sings.

[QED]

Russel breadth is finally positive. Others still slightly negative.

Out of Bounds,
What indicators do you use to watch the Russel breadth? Thanks!

[Anaconda]

The smart money remains bullish on stocks.

I can't find a single bearish indicator, in fact, there hasn't be as bullish of a time since March 2009.

No one believes me, but eventually they will have to.

The only thing bullish for the stock markets is foreign capital flight. Ukrainians, Russians, Chinese, Greeks, etc. ALL fleeing their respective borders and putting money anyplace they think it'll stay safe. That precludes American banks and leaves real estate (60% of purchases in the U.S. were all cash over the past 5 years!), bonds, stocks and art work. This has NOTHING to do with bullishness regarding fundamentals, growth prospects or value. Those arguments could be destroyed by my 10th grade daughter. No, this has everything to do with capital flight and the cleanest dirty shirt syndrome; the U.S. is, pathetically, the cleanest dirty shirt (for now).

[Out of Bounds]

Russel breadth is finally positive. Others still slightly negative.

Out of Bounds,
What indicators do you use to watch the Russel breadth? Thanks!

On Think or Swim, it is $ADRLD

[uempel]

Bullish Percentages neutral to weakish, except technology: BPNDX and BPCOMPQ are positive.

http://stockcharts.com/freecharts/candl ... BPENER|B|0

[Cobra]

members only update at 3:50 pm
http://www.cobrasmarketview.com/2015/02 ... ay-update/

[fehro]

SPX ..taking shorts home tonight…. will add if we gap down tomorrow..

[Cobra]

well, guess that's it for today. Thursday tomorrow has been very very bull friendly. Thank you guys, I'll see you tomorrow.

before the close please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

[uempel]

Cletus, it's not a question of believing you or not. It's a question of how I rate the indicators you are looking at. I don't follow them and cannot comment.

I tend to look at momentum indicators and they are not conveying a clear picture: Market could go either North or South.

[BullBear52x]

Monthly:

Bulls = Nope, that chart never work, it's a buying opportunity.

Bears= I bet it will crash this time.

People only see what they want to see.

[MrMiyagi]

So... Y'all bettin' on a gap up and run tomarrah?

[BullBear52x]

So... Y'all bettin' on a gap up and run tomarrah?

all my simple setup = stay bull until it fails.

[Anaconda]

So... Y'all bettin' on a gap up and run tomarrah?

hai

[DellGriffith]

my current view is umchanged. i have a bullish bias but i went long at much lower levels closer to the lower bb and took some profits once price approached the upper bb. im content to let the rest run for now but i wouldnt add to longs at this time. if one was bearish, shorting up here by the upper bb makes more sense than down at the lower bb.

[DellGriffith]

i see AAPL is doing what i thought the entire market would be doing this week.

[Al_Dente]

PAGING XIAN
Pls check snake's overnight board "Next Day Edges"

[fehro]

a tad active in the AH .. the SPY is…

[mozart]

Euro talks with Greek failed, another round of talks not till Monday, futures turning neg., short positions on SPY on rise.
European markets could slide tomorrow, today there time.

[DellGriffith]

GLD tagged the lower bb at the close. A good spot to close some/all gold short positions IMO. It definitely can still drop, but that's a point to lock something in. There's a lot of technical damage to GLD here so my bias is that it is likely to need time to repair. The drop has been too powerful and strong by my measures and so the odds favor GLD needs to at least consolidate a bit before a new rally, if not more down.

[DellGriffith]

Emotions seem to running pretty high on various stock forums I read, with people who are obviously either short or long racing to comment on Greece one way or another.