02/04/20220 Live Update

[JFR]

NQ 5 minute. Up to a new level of resistance.

[Cobra]

False breakout, too bad. Seems the very first breakout mostly is false no matter how perfect the pattern is.

[Al_Dente]

Long Internals, 5m
The options traders (inverted) gave us a clue when they made a lower high as SPX broke out (red arrows)

[Heck]

Margin Calls, New Lows and New Highs

Don't lie

XOP Target - 48 %
From 19.37 to 10
- 1.84 % Dividend Yield

QQQ Target + 25 %
From 224.652 to 280.35
+ 0.69 % Dividend Yield

Hard to Buy New Highs and Sell New Lows

Can be very profitable

Nicolas Darvas 1960
"How I Made $2,000,000 in the Stock Market"
Actually $2,450,000.00 in 18 months

Dancer Hungarian Holocaust Emigre Self-Taught Box Breakout Trend Following Investor
Danced with sister on stage with Judy Garland and Bob Hope

[K447]

... You do not offer thanks. You do not include, names, as with, Thank you, K447. You rarely offer any of your own content. It seems to be always as a judgment of the offerings of others.

I updated the data on TSLA for you. You are welcome. ...

Well, I do not directly use the types of data you posted for 'of the moment' trading, so to speak. My comment was more about looking at Tesla as a company transitioning from an operation regarded with suspicion to a company with the potential to be one of the few (automotive) survivors over the next decade or two.

If Tesla can somehow manage to not go out of business, the market apparently thinks they can do well. Short squeeze notwithstanding. By the time Tesla is consistently and deeply profitable (as might be shown in a future version of your tables*), the stock will probably be somewhere far from where it was last year (or even last month).

I do value informed contrarian (to my perspective) input. I expect others would have similar perspective. I tend to post mostly when my input is contrary to the posted material, and not very often of 'I agree'. Which I suppose could be perceived as not being 'constructive'.

Thank you for your feedback, JFR


* For some reason I assumed the posted data tables were not of your own construction but were provided from another online source.

[K447]

.....A while back I did post some info on how I trade and what I look for.....

Please re-post about how you trade and what you look for... short or long term...
That would interest me... and would add value to the board...

Where should I put the post/links that it doesn't scroll off the forum in a few hours or days?

[Al_Dente]

Jason Goepfert at SentimenTrader notes a CLUSTER of Hindenburg Omens and doesn't like it one bit.
[scroll down to Hindenburg Omen]
free
https://sentimentrader.com/blog/sentime ... report.com

[JFR]

... You do not offer thanks. You do not include, names, as with, Thank you, K447. You rarely offer any of your own content. It seems to be always as a judgment of the offerings of others.

I updated the data on TSLA for you. You are welcome. ...

Well, I do not directly use the types of data you posted for 'of the moment' trading, so to speak. My comment was more about looking at Tesla as a company transitioning from an operation regarded with suspicion to a company with the potential to be one of the few (automotive) survivors over the next decade or two.

If Tesla can somehow manage to not go out of business, the market apparently thinks they can do well. Short squeeze notwithstanding. By the time Tesla is consistently and deeply profitable (as might be shown in a future version of your tables*), the stock will probably be somewhere far from where it was last year (or even last month).

I do value informed contrarian (to my perspective) input. I expect others would have similar perspective. I tend to post mostly when my input is contrary to the posted material, and not very often of 'I agree'. Which I suppose could be perceived as not being 'constructive'.

Thank you for your feedback, JFR


* For some reason I assumed the posted data tables were not of your own construction but were provided from another online source.

I am not so obsessive as to create my own financial data tables. The latter table for TSLA was from my TOS broker, which I rarely use these days, but it has good data. I have used a number of different data sites in the last 20 years. Prior to that, it was a case of getting Annual Reports. I loaded the TOS site to update the data. You are welcome, K447.

Contrarian? Not everyone on here is looking to debate or argue. Some of us just post our own content: what we see, think or believe. Contrarian views can be just plain annoying. No one wins a debate. No one changes their view. If you post a contrarian view, I will almost for sure not engage in debate.

[Al_Dente]

.....A while back I did post some info on how I trade and what I look for.....

Please re-post about how you trade and what you look for... short or long term...
That would interest me... and would add value to the board...

Where should I put the post/links that it doesn't scroll off the forum in a few hours or days?

Everything scrolls off. You can post regular UPDATES with charts

[BullBear52x]

Chart for the road: Fearful market, the momentum was good today, TRIN is with the bulls now, but fear is still lurking on 16 and above MA. for that bulls beware. Peace!

[Al_Dente]

I value Contrarian views
the ones different from mine
keeps me thinking
etc
Contrarian views that are thoughtfully explained and charted are valuable and are very different from sniping

[K447]

.....A while back I did post some info on how I trade and what I look for.....

Please re-post about how you trade and what you look for... short or long term...
That would interest me... and would add value to the board...

Where should I put the post/links that it doesn't scroll off the forum in a few hours or days?

Everything scrolls off. You can post regular UPDATES with charts

I shall consider how to do so in a manner which would provide value here.

Re-posting extremely similar charts for multiple days (or weeks) while something sets up (or fails to go) seems like a poor use of other people's bandwidth. And my own

[Cobra]

Members only update at 3:46 pm
http://www.cobrasmarketview.com/2020/02 ... ay-update/

[Al_Dente]

.....A while back I did post some info on how I trade and what I look for.....

Please re-post about how you trade and what you look for... short or long term...
That would interest me... and would add value to the board...

Where should I put the post/links that it doesn't scroll off the forum in a few hours or days?

Everything scrolls off. You can post regular UPDATES with charts

I shall consider how to do so in a manner which would provide value here.

Re-posting extremely similar charts for multiple days (or weeks) while something sets up (or fails to go) seems like a poor use of other people's bandwidth. And my own

""Re-posting extremely similar charts for multiple days (or weeks) while something sets up (or fails to go)...""
That's what we all do..........

[Cobra]

Members only update at 3:55 pm
http://www.cobrasmarketview.com/2020/02 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Wednesday looks like: https://stockcharts.com/public/1684859/ ... /533449381

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449381

[Heck]

MAR Target + 56 %
From 143.36 to 224.25
+ 1.3 % Dividend

Bot some on market close pullback