01/30/2015 Live Update

[DellGriffith]

one thing i find interesting in this moment is discussion on bearish sentiment. i see some people assert there are no bears, but the measures i use say we have too many bears.

[Trades with cats]

Speaking of bears, the Wall Street Journal just hit the button on their bear spray. White washing the bad GDP number with select quotes from economists that it was actual good and their is nothing to be concerned about.

[Out of Bounds]

All stocks breadth at new LOD -3288

[Daniel]

spy S1 (per Schwab) at 199.68

[fehro]

XIV.. break neckline.. .. or bounce around an make another shoulder or two.. chop… break neckline "could" see acceleration down..

[Daniel]

SPY first hit 200 (then all-time high) back around the first week of Sept.

Last reading was 199.99

[uempel]

Bullish Percentages are kind of neutral, but the most important indicator BPNYA is negative.

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

[Cobra]

3 push down, probably bigger rebound here?

[fehro]

SPX

[DellGriffith]

if i could do a poll id ask everyone if they think there are too many bears, little to no bears, or neiher extreme.

[Daniel]

Some serious clobberings going on in the world.

EWZ down nearly 5% ?!

ILF down over 3%... China ETFs and EEM down 2%...

How long can SPX hold up today? And going fwd..?

[fehro]

if i could do a poll id ask everyone if they think there are too many bears, little to no bears, or neiher extreme.

posted this yesterday… fwiw… http://www.aaii.com/sentimentsurvey?a=subnavHome and chart http://www.aaii.com/sentimentsurvey/sent_results

[Anaconda]

4th or 5th one of these to the open today. Might imply aggressive buying toward end of day? (Usually along with 2:15 buying program.)

[Daniel]

Also, some odd commodity correlations. Oil and the precious metals are strongly up, but DBC, the broad comm. ETF, is flat on the day.

[Out of Bounds]

Dow on new lows

[Cobra]

no strong rebound, but still if goes like this, I don't think bears are serious today.

[Daniel]

XLE intraday SELL signal, from a lower high (series of them actually)

Note: shortly after above, first intraday BUY signal on XLF/FAS

[DellGriffith]

if i could do a poll id ask everyone if they think there are too many bears, little to no bears, or neiher extreme.

posted this yesterday… fwiw… http://www.aaii.com/sentimentsurvey?a=subnavHome and chart http://www.aaii.com/sentimentsurvey/sent_results

see i use a completely different measure and it says something completely different.

[silicon_beaver]

In the photo please note what is happening to the people front running the bulls.

A right note.

[fehro]

SPX