05/14/2013 Live Update

[BullBear52x]

And here for daytrade /es, no red bar on sueeze counter trend bear will have a hard time for lunch money, I will wait to see the red squeeze first especially the day like today. so's intraday bulls no worry until then.

[Unique]

Anyone have any thoughts on ZOLT? Unique, you seem to fancy the individual names

Hi ClarkW,

For some reason, I only like to trade big cap stocks (exceptions are heavily shorted stocks like TSLA, FSLR, SODA) . ZOLT looks like a train as it broke above the resistance channel today, and this is only the beginning of it.

Here's the ZOLT charts:

[fehro]

SPX 60m... target of the ascending triangle hit

[fehro]

Upper channel? green? or blue?

[Cobra]

this pullback may require H2 long on EMA20 to work, I guess. now H1.

[uempel]

Upper channel? green? or blue?

Nice chart fehro!

[MrMiyagi]

I heard that the SEC is going to delete the portion below 1550 on SPX's chart since it is NEVER EVER GOING BACK DOWN AGAIN. EVER.

[fehro]

slight divergence this morning on VIX.. but catching up..

[ClarkW]

Anyone have any thoughts on ZOLT? Unique, you seem to fancy the individual names

Hey CW - 14.09 is the hourly/daily high volume mark would expect a test. What it does up there should show the bias goiung forward.

Best of luck

No position at this point. Was brought to my attention today and thought the chart of interesting and similar to Cobra's breakout chart list. Please don't hesitate to correct me Cobra if it is not.

Thanks Essessme and Unique for your comments and charts! Greatly appreciated!!

[uempel]

I'm posting the same ratios shown at 9:30 a.m. today.

Both show very clearly that this market is not going to tank tomorrow or next week. This is a bull which is slowly grinding higher and whoever bets against it is playing against the odds. Of course there might be a dip, but at the moment that's like hoping for a waterhole in the midst of the Sahara

SPX/Gold

30-Year/SPX

"Cleopatra's Bath", a natural spring in the midst of the Sahara, Siwa Oasis, Egypt

[Unique]

TSLA - fading the trapped bull chasers.

[Cobra]

H2 long on EMA20. let's see. lunch time, will be back.

[Auole]

Unique, guess I love to just watch trains whizz by. But my logical brain just cannot
'get' the goog bubble. too much life long zen sitting and contemplative prayer. so I'm poor monk trader.
Please keep trying to get me on the right side of trade.

[f-stop]

Is there anyone out there with a thought about it? Read an article it could be kicked out till September...but Friday/Saturday is a deadline. Is this market being used to cover all the "little problems"?

[Unique]

Unique, guess I love to just watch trains whizz by. But my logical brain just cannot
'get' the goog bubble. too much life long zen sitting and contemplative prayer. so I'm poor monk trader.
Please keep trying to get me on the right side of trade.

Well, usually if I see a decisive breakout (HOD/major resistance) then I like trading GOOG with a risk of 2 bucks (under the breakout) for a 100% measure move potential.
It has been risk 2 for 10 for the past few days, since the $826 days it has been an AMAZING train. Everyday we learn something new, just gotta be patient
Strike when the time is right, hope this helps

[TWT]

$SPX: follow up of the impulsive up leg

[fehro]

possible minor H&S on SPX 5m if it plays out...

[uempel]

Signal at 2:10 p.m.

[Al_Dente]

“Literally Every Strategist On Wall Street Has Been Wrong About The Stock Market”
http://www.businessinsider.com/wall-str ... ish-2013-5

[Unique]

viewtopic.php?f=2&t=918&p=130337#p130337

Pink was the answer for NFLX. Gotta love free bull trains

NFLX: Here's the next target if breakout once again. Reminder, 240 is the first major weekly resistance then it's 250.