09/15/2014 Live Update

[uempel]

iPhone 6 Plus sold out Friday
http://recode.net/2014/09/12/larger-iph ... test-crop/

Al_Dente, did you order one

two

Now for those of you who don't know Al_Dente - here's a recent photo:

[Al_Dente]

[quote="uempel] Now for those of you who don't know Al_Dente - here's a recent photo:[/quote]

[uempel]

Bullish Percentages 12:17 p.m.

BPNYA -0.55%, BPCOMPQ -1.85%, BPNDX -6.67% BPOEX 1.23% BPINDU flat, BPSPX -1.34%, BPFINA flat - now that's weaker than 45 minutes ago

[Cobra]

kind of descending triangle, bias is a down.

[uempel]

[quote="uempel] Now for those of you who don't know Al_Dente - here's a recent photo:

[/quote][/quote][/quote]

You sure look like a rogue trader

[Out of Bounds]

100% chance we will move from here.

[KENA]

It is possible that we see a nice dome unless some bull comes in and pops it up. Lets see.

[uempel]

Bullish Percentages 12:17 p.m.

BPNYA -0.55%, BPCOMPQ -1.85%, BPNDX -6.67% BPOEX -1.23% BPINDU flat, BPSPX -1.34%, BPFINA flat - now that's weaker than 45 minutes ago

For those who don't work with BPs: in general quite a reliable indicator for the next market move. I'd be more comfortable if BPINDU were negative too, but this set-up is certainly not bull friendly.

[Mr. BachNut]

NYMO down cycle has reached oversold territory. This is intraday; the close matters most.
Price is below the down cycle minimum target. A tag of the middle Keltner/50 day MA would be technically nice.

NYMO can get a lot more oversold, and crashes can happen from oversold conditions.
It is also possible we could see a NYMO bounce to zero followed by an ultimate low down the road.
Nonetheless, it is time to start watching for a NYMO cycle bottom.
Price typically bottoms with or after the NYMO bottom.

[MrMiyagi]

spy

qqq

iwm

[Al_Dente]

It is possible that we see a nice dome unless some bull comes in and pops it up. Lets see.

The attachment big.gif is no longer available

Thanks boss I’ve been watching that dome too
But this bear is too slow and lazy for my taste….. and that has me suspicious/wary…..

9/15 The Alibaba IPO Is Looking Red Hot. "Alibaba Group Holding Ltd plans to increase the size of its U.S. initial public offering because of "overwhelming" demand for the deal, people familiar with the deal said on Monday," Reuters' Supriya Kurane reported. "The Chinese e-commerce company launched the IPO last week and had enough investor demand to cover the entire deal within two days…. Alibaba could set a new record for the world's biggest IPO if underwriters exercise an option to sell additional shares to meet demand…."

[MrMiyagi]

Not sure what happened in the past 15 minutes or so, I am seeing a lot of upside pBars on various stocks, AAPL, TSLA, SCTY, SLW, YHOO (44.00$), AMZN... I'm sure there are more.

What is going on?

[L_T]

NYMO down cycle has reached oversold territory. This is intraday; the close matters most.
Price is below the down cycle minimum target. A tag of the middle Keltner/50 day MA would be technically nice.

NYMO can get a lot more oversold, and crashes can happen from oversold conditions.
It is also possible we could see a NYMO bounce to zero followed by an ultimate low down the road.
Nonetheless, it is time to start watching for a NYMO cycle bottom.
Price typically bottoms with or after the NYMO bottom.

NYMO 091514.jpg

Not sure where this fits into the analysis by the group at large here but momo tech stocks are getting beat up today: WDAY, SPLK, FEYE, LNKD, TSLA, FB, SINA, WB, etc.

Time for a rotation (for now) out of those names into something else? Just a thought.

[uempel]

SPX momentum daily and weekly on Friday 12th, both declining. The MAs behind the index are the 55 (now at 1972) and 144 (now at 1919). Chart courtesy CS TA.

[uempel]

NYMO down cycle has reached oversold territory. This is intraday; the close matters most.
Price is below the down cycle minimum target. A tag of the middle Keltner/50 day MA would be technically nice.

NYMO can get a lot more oversold, and crashes can happen from oversold conditions.
It is also possible we could see a NYMO bounce to zero followed by an ultimate low down the road.
Nonetheless, it is time to start watching for a NYMO cycle bottom.
Price typically bottoms with or after the NYMO bottom.

NYMO 091514.jpg

Not sure where this fits into the analysis by the group at large here but momo tech stocks are getting beat up today: WDAY, SPLK, FEYE, LNKD, TSLA, FB, SINA, WB, etc.

Time for a rotation (for now) out of those names into something else? Just a thought.

Something else like alibaba? Just a wild thought ...

[uempel]

Not sure what happened in the past 15 minutes or so, I am seeing a lot of upside pBars on various stocks, AAPL, TSLA, SCTY, SLW, YHOO (44.00$), AMZN... I'm sure there are more.

What is going on?

BPs have not changed - still look weak, BPCOMPQ even weaker.

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

[Denali92]

An opex week change in character??? more tonight post the close....

http://www.cobrasmarketview.com/2014/09 ... ay-update/

-D

[uempel]

Very few companies are in charge, SPY holdings as per end of August:

[Royal Flush]

I got intermediate term sell signals on the 9th and now appear to be getting a long term sell signal although it is not confirmed until the L.RSI down crosses 0.8

[uempel]

Update - bye guys, I'm off for today