04/07/2015 Live Update

[Al_Dente]

XIV has cleared liftoff.
I’m expecting a back-test. She needs to hold above the breakout.
Next on the upside is gap-resistance in the 38 zone.

[BullBear52x]

I thought good time for transportation with cheap oil, now the oil is kicking will transportation survive? too close to the uncomfortable level here.

[BullBear52x]

XIV has cleared liftoff.
I’m expecting a back-test. She needs to hold above the breakout.
Next on the upside is gap-resistance in the 38 zone.

47xiv_png.png

Watch CPC tonight. can't be too comfortable.

[fehro]

repeat of yesterday…

[BullBear52x]

Doc Al special.

[fehro]

XIV has cleared liftoff.
I’m expecting a back-test. She needs to hold above the breakout.
Next on the upside is gap-resistance in the 38 zone.

The attachment 47xiv_png.png is no longer available

….ummmm <200d… tagged it today… 36.56

[BullBear52x]

Looks like we are going to get the Turn around Tuesday on schedule.

[Cobra]

double top? not sure.

[MrMiyagi]

A bunch of energy stock just took a kick to the ballsac.

[BullBear52x]

A bunch of energy stock just took a kick to the ballsac.

XLE is very solid bottom construction here boss. different time frame?

[Al_Dente]

Doc Al special.

YUP
Only two of my “Risk-On” ratios are green……..oooops another went green today
Lotta red here…. we'll need some green here soon boss...... real soon......

[BullBear52x]

Doc Al special.

YUP
Only two of my “Risk-On” ratios are green……..oooops another went green today
Lotta red here…. we'll need some green here soon boss...... real soon......

47risk ratios.png

Nice chart, HYG shows no sign of giving up either.

[grandeG]

BLOCK TRADE: $VXX 999,236 shares @ $24.15 [13:48:12]

[grandeG]

XIV has cleared liftoff.
I’m expecting a back-test. She needs to hold above the breakout.
Next on the upside is gap-resistance in the 38 zone.

47xiv_png.png

….ummmm <200d… tagged it today… 36.56

And one other slice.... https://www.tradingview.com/x/G6cyyKUN/

[MrMiyagi]

XLE is very solid bottom construction here boss. different time frame?

I just don't think oil stocks are done going down. There may not be as much of a decline left but there's a lot of hurt out there.

Crude & gasoline inventory numbers come out 30 minutes after market close, let's see what they say for this week.

[uempel]

This in spite of cheap oil:

[Cobra]

failed double top breakdown. now the breakout can be on either side.

[BullBear52x]

XLE is very solid bottom construction here boss. different time frame?

I just don't think oil stocks are done going down. There may not be as much of a decline left but there's a lot of hurt out there.

Crude & gasoline inventory numbers come out 30 minutes after market close, let's see what they say for this week.

Too many eyes on oil, captain obvious? but chart wise, I like everything about it.

USO, good call buying if sustain tomorrow?

[Al_Dente]

thanks all for the XIV comments
elsewhere:
NOW:
NYSE advancing stocks = 1.1x declining stocks
NYSE advancing volume = 1.3x declining volume
Bulls can’t do any better than that

EARLIER TODAY:
NYSE advancing stocks = 1.0x declining stocks
NYSE advancing volume = 1.1x declining volume

[Junior Buffett]

I remember Uempel told me in Dec/Jan that this market will be crazy for next 6 months...he is spot on running into 3rd month!