05/25/2013 Weekend Update

[Cobra]

Begin with Algo from stocktiming.

Algo pullback from overbought area but no negative divergence yet, so it could mean NYA still have a new high ahead before a bigger pullback becomes possible?

[Cobra]

Institutional buying and selling action from stocktiming shows overall more institutional accumulation than distribution.

[Cobra]

both II and AAII are now bullish. Worst timing for AAII?

[Cobra]

Smart money still 2nd record short.

[Cobra]

summary of the week's stock picks.
viewtopic.php?f=10&t=924&p=131572#p131572

[Cobra]

stock picks for the next week.
viewtopic.php?f=10&t=934&p=131574#p131574

[joegamma]

for the handsome black dog (i miss owning akitas), and any other boardies doing staycation...
if vix above bb and not immediately rejected by next day trading lower, seems you can see stocks cheaper following day or 2...
(caveat-my eyes often lie, smallish sample size, and i do not write code, unsure how to define if-when-then stuff).
today (note Iwm candle and bb midpoint test similar to feb 2013)

2012

2011

[joegamma]

weekly ushl5 w 5 dma:
wish i learn programming...
If ushl5 lower than prior week, and less than 5dma, then following week often sees lower prices
(not necessarily lower open or lower close the following week but a retest of prior week's prices meaning those shorts may get out a b/e this week?)


here is 2007

and 2009 r2k

and 2012 r2k

and SPY 2012

[joegamma]

if in a perfect symmetrical world, look for r2k to have outside black bar on daily charts-then-backupthetruck? GLTA

[joegamma]

hmmmm Credit Markets are not saying buy stocks (unless you believe in magic of "great rotation myth"), fwiw , new highs retest highs, fail...(thanks to http://harapainvesting.blogspot.com/201 ... pares.html for this type of view.

[joegamma]

great safe rotation?

OR a setup for FLIGHT TO QUALITY?
tlt (bottom in gold) looks to be building a base and running out of sellers...

[joegamma]

Tuesdays 20 out of 20 green in a row? what if it acts like mondays?
tue=lil pomo , wed and fri=bigpomo, thur is also little
http://www.newyorkfed.org/markets/tot_o ... edule.html

don't forget to vote for the king:http://stockcharts.com/public/1684859/c ... /227908289

[uempel]

SPX chart suggests that it's safe to short excessive strength in the next few days, but note that BPSPX Renko is not yet showing a safe "sell"

At the moment I'm focused on goog. Good support at approx 847 But careful, these countertrend games are tricky and presumably goog has not yet topped

[uempel]

I posted this SPX chart last weekend. Looks as though the jump above 1667/69 was a bull trap. A high risk trade next week would be to short the 1660-1669 area But bear in mind that bulls will try to squeeze the shorts there

[Al_Dente]

Attention bears: You’re doing it wrong
Here’s how it works:
If you want the market to go down, you have to sell stuff already
Volume indicates that selling volume decreased
Get busy

However, I notice that even though you weren’t selling SPY, you were buying tons of index puts, right there:

Fresh NYSE Short Interest Report
http://online.wsj.com/mdc/public/page/2 ... tml#shortD

Vote Cobra today: https://stockcharts.com/public/1684859

[Al_Dente]

“The latest NYSE Margin Debt figures are out, showing that speculators continued to increase their leverage towards record highs. NYSE margin debt figures came in at about $385 billion, which is almost a 30% annualized increase…”

http://www.nyxdata.com/nysedata/asp/fac ... category=8

[BullBear52x]

Weekly candles are bearish

Liquidity is drying up

short term level to watch

[BullBear52x]

VIXies
Looks like bulls might set up a surprise short term.

but upside will be limited.

[BullBear52x]

Long term money flow, we are still in green pasture, I will post when the Red lava land arrive. have a great weekend.

[Al_Dente]

In addition to the “key reversal day” on Wednesday
It looks like $COMPQ and $RUT printed key reversals on the week
(but not INDU and SPX)