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04/14/2017 Weekend Update

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Cobra
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04/14/2017 Weekend Update

Post by Cobra »

Just start a new thread so that guys can have chat in the weekend. Noticed the visits are now way down than years ago which is a sign of complacency.

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Cobra
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Re: 04/14/2017 Weekend Update

Post by Cobra »

don't forget our weekly sentiment poll here: viewtopic.php?f=9&t=2430

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MrMiyagi
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Post by MrMiyagi »

Cobra wrote:Just start a new thread so that guys can have chat in the weekend. Noticed the visits are now way down than years ago which is a sign of complacency.
This drop and Trump's bombing party should bring some back.
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Cobra
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Re: 04/14/2017 Weekend Update

Post by Cobra »

No stock picks for the next week. The strong stocks count continue down...
viewtopic.php?f=10&t=2432

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Cobra
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Re: 04/14/2017 Weekend Update

Post by Cobra »

downdowndown0.gif
downdowndown0.gif (1.94 MiB) Viewed 6655 times

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Al_Dente
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Re: 04/14/2017 Weekend Update

Post by Al_Dente »

fear greed.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 04/14/2017 Weekend Update

Post by Al_Dente »

EW forcast for the Bank Index $BKX
414ew banks.png.png
NFLX reports Monday AFTER THE CLOSE

Reporting Tuesday BEFORE THE OPEN
BAC
GS (7.65% of the dow)
JNJ (4.12% of the dow)
UNH (3.75% of the dow)
SCHW

Reporting Tuesday AFTER THE CLOSE
IBM (5.66% of the dow)
YHOO
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 04/14/2017 Weekend Update

Post by Al_Dente »

JNUG
Direxion announced on Thursday after the close:
"...effective immediately, daily creation orders in the Direxion Daily Junior Gold Miners Index Bull 3X Shares leveraged exchange traded fund (Ticker: JNUG) are temporarily suspended until further notice."
This essentially turns the ETF into a closed-end fund, where the NAV (Net Asset Value) becomes key, and the JNUG moves from premium/discount to the NAV, like all closed-end funds do.
This is a rare situation that doesn’t usually last long, but JNUG holders should be aware that the game has changed. Keep an eye on the Direxion website for resumption of business-as-usual, or other news.
http://www.direxioninvestments.com/pres ... -3x-shares
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 04/14/2017 Weekend Update

Post by Al_Dente »

Backwardation update:
Since April 6 (the day when the VIX Futures moved into backwardation), the dow is down roughly -216 points
Since then, which juiced shorts performed the best ?
(This will change faster than your head can spin; juice is only for aggressive traders)
(Note: NUGT 3x long gold is included as folks love to race into gold for what they believe is “safety”)
Chart is juiced SHORTS, percentage change, 5 min, since April 6
415shorts.png.png
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
QED
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Re: 04/14/2017 Weekend Update

Post by QED »

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BullBear52x
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Re: 04/14/2017 Weekend Update

Post by BullBear52x »

It is what it s department:
Same short term bearish view, no improvement for da bulls but only 2x bottom left to wonder.
3.PNG
1.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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BullBear52x
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Re: 04/14/2017 Weekend Update

Post by BullBear52x »

GLD buy the dip breakout with HH
1.PNG
SLV buy the dip not quite got HH, still weak.
2.PNG
USO sell the rip is at work.
3.PNG
UUP sell the rip, so far LH and LL down channel is still kicking.
4.PNG
My comments are for entertainment/educational purpose only. NOT a trade advice.
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