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04/22/2015 Live Update

Daniel
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Joined: Fri Feb 10, 2012 4:27 pm

Re: 04/22/2015 Live Update

Post by Daniel »

SPY right at daily R1 resistance (per Schwab). And breadth never really did take off; also IBB remains a market laggard today. Also, hard to interpret a day where TLT and JNK both close very weak.
Last edited by Daniel on Wed Apr 22, 2015 3:55 pm, edited 1 time in total.
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Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 04/22/2015 Live Update

Post by Out of Bounds »

Still rather neutral
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Xian
Posts: 876
Joined: Tue Aug 02, 2011 10:03 am

Re: 04/22/2015 Live Update

Post by Xian »

Out of Bounds wrote:Short SPY 210.75 like crazy
No spoofing. If so, I'll bake you a cake with a file in it.
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Junior Buffett
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Joined: Mon Apr 15, 2013 4:39 pm

Re: 04/22/2015 Live Update

Post by Junior Buffett »

I am going against Celtus ( or whatever his/her name was)...I said we made top yesterday morning at 2010.XX..if we break above that..than I will revise my TOP :lol: :lol:
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Al_Dente
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Joined: Thu Jul 21, 2011 2:29 pm

Re: 04/22/2015 Live Update

Post by Al_Dente »

This is moderately interesting:
The range in the past 25 days has fluctuated within the bounds of one single day, the last FOMC day 3/18 (orange box), with a few foiled attempts to pop above that, and a few attempts below.
Not sure what to make of that, except indecision.
But the trend channel (thick green trend lines) is still bullish, with a series of higher lows …
422thirty_png.png

Still on vacation.
This was on my reading list, and is worth passing along to you.
An old (1/18/2015) Stanley Druckenmiller (Soros) speech. The full text of his speech starts on page 11:
http://images.businessweek.com/bloomber ... _19334.pdf
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Out of Bounds
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Location: Miami

Re: 04/22/2015 Live Update

Post by Out of Bounds »

Xian wrote:
Out of Bounds wrote:Short SPY 210.75 like crazy
No spoofing. If so, I'll bake you a cake with a file in it.
Yeah, I hammered hard.
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