01/12/2013 Weekend Update

[Cobra]

Begin with Algo chart from stocktiming. It's overbought, but sometimes it needs a negative divergence before a pullback of some kind becomes possible, so guess it just a little little bit favors bears.

[Cobra]

II and AAII.

II is a little too optimistic, but still not extreme enough.

[Harapa]

Ratio Adjusted Summation Index suggest more upside.
NYSI closed at 735.38, a rise above 500 is indicative of more upside. For details see this post.
http://www.mcoscillator.com/learning_ce ... ic_tricks/

[Cobra]

The conclusion of this week's stock picks.
viewtopic.php?f=10&t=787&p=113276#p113276

[Cobra]

Stock picks for the next week.
viewtopic.php?f=10&t=794&p=113278#p113278

[wayne0708]

Good Morning Weekenders
I suppose I am the early bird here. Anyway, I am going to take a wild swing and call for a LOWER LOW within next three months or sooner. So save your dry powder if you intend to short. By all means, I do not predict price to reverse from here. Price can go higher then zigzag its way down. However, my target is a LOWER LOW ( Less than 1343.35) within three months.

Normally, I would present my evidences through charts, but this time i am just posting a chart with just a reference of Nov. 2012 low.
Have a good weekend peepz and keep your powder dry for shorting soon.

[Royal Flush]

Expalaination of the market manipulation of Friday's ES last minute ramp & RTH green close.
http://www.zerohedge.com/news/2013-01-1 ... -june-2007

[Bman69]

Morning guys,

Still short UAL, I think I will have better luck this next week and will add to shorts pre-market if over 25.75. Negative divergence on RSI, outside BB on 1 yr chart/weekly frequency, weekly candle hang man. Expect drop to 25 this week.

Still short overall market, hedges saved me last week. Long VXX 26.50 per assignment yesterday. Will cash out quick on this one due to decay but I like how it was trading the last few days, seems to be finding support but it is also VIX expiration Weds morning so will try to be out with a profit prior as I've seen weird decay with roll.

Option plays: condor straddles on JPM and AAPL. Not disclosing actual contract size but true ratio of contracts...

Jan 18 expiration
JPM buying 1 43 put/selling 2 45 puts/buying 1 46 put for debit of 14 cents paired with buying 1 46 call/selling 2 47 calls/buying 1 49 call debt 17 cents, figure earnings will be decent this week bringing in some movement in the stock but not significant +/- $1 or $1.5

Feb 1 expiration
AAPL buying 1 510 put/selling 2 490 puts/buying 1 450 put for debit of 49 cents paired with buying 1 530 call/selling 2 550 calls/buying 1 590 call debt 60 cents. Max loss approx 2.1k if over 570/under 470, max gain 1.9k - figure 470 support and will likely adjust strategy if 555 is broken to the upside

These strategies also could result in long/short assignments which I would accept at such prices.
Any comments welcome, constructive of course. Thanks Cobra!

[KeiZai]

Morning folks, going through some older charts and big market picture looks unchanged

BKX, divergence is missing so likely more up ahead after consolidation, but the overall structure looks corrective

O: viewtopic.php?f=2&t=729&p=104206#p104206

Euro

viewtopic.php?f=2&t=672&p=95104#p95104 * ignore the text sp500 failed to break above high after small dip so we went then straight to big dip ignore the 1600+ too

Why I think we will see some weakness in euro soon? I think euro index can be the key

Regardless of ST weakness (if so) final target is pointing to around 1.38

[KeiZai]

SOX, triangle is valid because is confirmed by RSI next dip is a buy for me

[Out of Bounds]

I am short now - holding over weekend.

[KeiZai]

Housing, pretty close to target but what then?

O: viewtopic.php?f=2&t=729&p=104209#p104209

[KeiZai]

CRB ready for take off? imo yes

september´s chart, this structure is likely done, if so fasten your seatbelts

[BullBear52x]

CRB ready for take off? imo yes

The attachment crb01.png is no longer available

september´s chart, this structure is likely done, if so fasten your seatbelts

The attachment CRB-sept.png is no longer available

To da moon....USO is stuck at 50% and $CRB/CCI is short term bottoming? I hope you are right on $CRB, great charts boss. I am looking at your lady, stubborn like hell, will post something on her soon.

[Out of Bounds]

Max Pain is 146.00
FYI, OptionCalc (http://www.option-calc.com) has an app for your Android phone.

[gappy]

[quote="KeiZai"]CRB ready for take off? imo yes.

usdcrb.png

Die dollar die http://www.youtube.com/watch?v=lXmsLe8t_gg

[BullBear52x]

XIV, lots of money to be made, Cough! cough!
Lets pretend that we can chart the mood just like everything else that have EPS, my simple way is to to go at it at the high or the low using %B 1/0 line and day trade it until the MACD confirmed. for now, I'll do nothing base on the daily view.

as in the past, I rather use an hourly set up like this to trade TVIX or XIV, for now it's still look good on the buy side.

the regular swing set up I see a Neg. D here and it's realy questioning how much longer the market can be this calm

Zoomed in to the penny, so far the hedge were more right then the actual counter trend sell.

[Cobra]

Since a few members are asking for what the optimized Non-Stop looks like, and here's the quick peek. It need some logic to filter out whipsaws, so it's no longer a simple crossover anymore, I have to use program to generate signals and only report whenever signal changes.

[BullBear52x]

SLV, historical resistance is cleared for SLV

So is here a text book kissing.

last buy failed, reversal or trend follower to the down side is jumping back in

[Al_Dente]

“For what appears to be the first time ever, information technology companies in the …[SPX] … are paying more in dividends than companies in any other sector, S.& P. reported this week."
http://www.nytimes.com/2013/01/12/busin ... 30112&_r=0