12/19/2015 Weekend Update

[Cobra]

Institutional buying and selling chart from stocktiming shows more distribution than accumulation. Distribution is down while accumulation is up so it's bottoming phase.

• When accumulation and distribution are down means we're in trending phase.

• When accumulation is up, distribution is down, it's a bottoming phase.

• When accumulation is down, distribution is up, it's the topping phase.

[Cobra]

Smart money no huge buying so according to the case 2.) the pullback isn't over?



How I use the chart:

I don't care what's the logic behind the chart. I found it works in the following two cases:

1.) When market up huge, if I see smart money huge short, best if new record short, then I know a short-term pullback is due soon.
2.) When market down, if I see smart money suddenly rises sharply from very negative value, then I know the pullback was over.

So I only use this chart for the above 2 cases. Besides those 2 cases, it means nothing to me. i.e. the absolute value of this chart means nothing to me, I only care if it rises sharply or drops sharply.

[traderjo]

Institutional buying and selling chart from stocktiming shows more distribution than accumulation. Distribution is down while accumulation is up so it's bottoming phase.

• When accumulation and distribution are down means we're in trending phase.

• When accumulation is up, distribution is down, it's a bottoming phase.

• When accumulation is down, distribution is up, it's the topping phase.

Hi Cobra,

Do you mean instead that Distribution is up and Accumulation is down?

Thanks.

[Al_Dente]

MUST WATCH TV:
“60 Minutes”
Tim Cook interview
On CBS this Sunday.
Interviewer Charlie Rose mentions tax avoidance: “You… have more money overseas probably than any other American company […] Why don’t you bring that home?”
Cook calls all the accusations "total political crap."
http://www.macrumors.com/2015/12/18/tim ... ical-crap/

“Get an iPhone 6s for $1 at Best Buy this weekend”
“…there are a few caveats…”
“Additionally, you can get a $200 Best Buy gift card when you trade in your iPhone 5 or newer model.”
http://www.macworld.com/article/3016924 ... ekend.html

[Cobra]

Institutional buying and selling chart from stocktiming shows more distribution than accumulation. Distribution is down while accumulation is up so it's bottoming phase.

• When accumulation and distribution are down means we're in trending phase.

• When accumulation is up, distribution is down, it's a bottoming phase.

• When accumulation is down, distribution is up, it's the topping phase.

Hi Cobra,

Do you mean instead that Distribution is up and Accumulation is down?

Thanks.

accumulation is up. You cannot see just a few days, you need see the trend, higher high, higher low something. I admit, maybe too early to see accumulation is up, distribution is down, need see the next week.

[Al_Dente]

There are still 8 trading days left in the quarter, but it’s time for “Quarterly Portfolio Rebalancing.”
Stocks have outperformed bonds this quarter, so the managed portfolios that are under contract to maintain a fixed percentage in stocks/bonds (often 65/35 but it varies), must (it is not optional) sell stocks and buy bonds to satisfy their contractual mandate. This will happen over the next 8 trading days, and will create selling pressure, but many managers often wait until the last minute…
This is different from “window dressing,” which is optional. This is contractual rebalancing, which is mandatory.

[Al_Dente]

Update on the Sectors at end of the day:
Lower lows on XLI, IYT, XLE
Higher lows on SPY, QQQ, XLY, XLF, XLV, IWM
[Sectors, daily, 3 months, 10ma (cyan), momentum (stochastics-9, gold overlay)]

And an update on the 200-day-simple-moving average:
[no chart posted]
Still only QQQ and XLY are above their 200ma

[BullBear52x]

I failed trying to post on subscriber page. here is a look at $NYHL from 2007 to present.

Now they lined up like I want them to. Peace!

[BullBear52x]

My point is.....

[Cobra]

My point is.....

Thank you. I saw your message at the members site.

[AndrasGy]

Last week's seasonal setup with 2.8% profit target played out on FED day.

We may reenter long again. Buying 17th close (or next Monday if weekend):


Or buy gap down (minimum 0.3%), close < open, December, 2.5% profit target:


More market info: ZZZ twitter

[fehro]

INDEX Weekly /Daily Candles. NDX nears 200d SMA last the standing index >200d. Weekly NYSE nears 200w SMA again, with TRANSports DJ-20 close behind.

[fehro]

Industry % Weeklies. Solar strong last week +20% with Utilities. TRANSports DJ-30 -19% for the year

[fehro]

T2 http://www.worden.com/TeleChartHelp/Con ... rs_T2s.htm % stocks >40d 20.0% & % stocks >200d 23.2% while the SPX is -6% from HOY - high of Year. The big boys are doing the heavy the lifting. Could get ugly if they join the majority.

[fehro]

T2 Channels % Stocks 1+2 Channels ><200d Weekly ><40d Daily

[fehro]

Yields

[fehro]

Yields V2

[Trades with cats]

Frontline Tankers update John (the pirate and 89th richest person in the world) has merged his two tanker companies (he has container shipping, deep water drilling, salmon farming, finance and more) and declared a 5 cent dividend- Snippits from Tradewinds:
Fredriksen does not anticipate ordering new ships but rather targeting resales, secondhand purchases or buying companies. He is reluctant to name outfits he has in mind but TradeWinds believes he has organisations such as Euronav and DHT Holdings on his radar.
Including newbuildings and chartered tonnage, Frontline now has a fleet of around 90 products and crude tankers. Fredriksen has promised that almost all of the net result per share will be transferred to shareholders. On Wednesday, Frontline declared a $0.05 per share dividend.

Pareto Securities says-The deal bought Frontline back as one entity with the “world at its feet”, says Eirik Haavaldsen of Pareto Securities.
“With other public companies failing to achieve above-NAV valuations, we argue that there are plenty of accretive growth opportunities for Fredriksen and Frontline, and expect action relatively soon,” the analyst said in his weekly report.
Frontline paid a dividend of $0.05 per share following the merger. Haavaldsen expects this to grow by a couple of pennies for the fourth quarter.
“And we could very well see near 10% of the current share price paid out over the three quarters Q3’15 – Q1’16,” he said in a report.

My own opinion-
The thesis is that US Shale and Canadian oil sands are in big trouble and shale will go away. But world demand for oil is picking up because of low prices. Well the US refining business isn't going away so this is all good for tanker operators. Most of them did what they always do, over-ordered new builds when times were good. Three years later there were too many boats for rent and the US Shale boom had shrunk imports. FRO went from the 70's to 2 bucks. This summer things turned around as the market increased to match the fleet and slow loading and unloading (25 super tankers anchored off Galveston for example) has made everybody profitable. And just as this happens the tanker king comes out of hibernation. And of course why would anyone want to own yankers when oil prices are low, not logical, but that is the way the public thinks.

The safer play is NAT, Nordic American Tankers, paying a solid 9.5% dividend but I know where the excitement will be, Arrh!

John and his twin daughters in 2012

Kathrine-John-Cecilie-Fredriksen-300x2001.jpg (18.93 KiB) Viewed 4275 times

[tsf]

Source:
http://www.marketwatch.com/story/the-st ... _source=tf

[tsf]

http://quantifiableedges.com/historical ... t-to-rise/