IWM/SPY (weekly info)new low 0.5716
trend=down
low= 0.5716
rev= 0.5908; mid= 0.5812
The proxy for liquidity has been drying up for the past few weeks. Probably explains the some of the volatility. It had a monthly 3LB reversal down last month. It's confirming it this month. It's below all SMA's. You can also see what happened at the apex of the two trend lines.
SODA (weekly info)-no change (below mid)
trend=down
low= 34.63
rev= 68.17; mid= 51.44
After the big move lower SODA still can't catch a break. Currently it's in a triangle where the apex is about two weeks from here. It's below all SMA's. It's testing its 50.0% minor retrace.
25 comments:
week 4 NFL picks are posted (early games)...
http://fantasy-sports-nation.blogspot.com/2011/09/fantasy-sports-nation-2011-nfl-picks_29.html
Plus... a 'weeknight' pick (using a method that has worked in specific parameter spots in the past)...
http://fantasy-sports-nation.blogspot.com/
Does anyone really believe Initial Claims? The BLS seems to have gotten the message that HFs need to make their month.
Don't even get me started on GDP.
How bout them Devil Rays....
Love, love, love watching red sox collapse.
http://market-ticker.org/akcs-www?post=194889
"...Now on to Apple. There was a report out yesterday that the firm had cut supplier deliveries by 25% out of Asia. There was a mad analyst scramble during the day to try to refute the damage that was rapidly accumulating in the stock, which was mostly-successful. In my view, this was a fool's errand and you were a nut if you followed people into the stock on that "dip."
Apple gets a lot of their sales in Europe. But Europe is a train wreck economically. To believe in the forward story and that the production cut is not "real" you have to believe Europe will avoid a Depression. Given what's going on over there, such a belief is an act of pure insanity.
Oh sure, they might not get the worst of it right now, but this is a forward projection, not a call for a crash in the morning. You also have to believe that the United States will not suffer the knock-on effects and that sales here won't get hurt. And finally, you have to dismiss the fact that HP effectively destroyed pricing power for tablets with their "blowout" of the Touchpad.
The latter may well be a stake through the heart. HP's "blowout" put the $99 price point in the mind of consumers and that is not going to go away. This sort of "ratchet" mechanism has a well-documented history in America, and once it takes hold it is almost impossible to get rid of. There are already signs that this pricing pressure is eroding the edges of everyone else's tablets, with the first to succumb being RIMM's "Playbook." This will reach Apple and margin collapse is a well-documented phenomena that has a habit of trashing stock valuations...."
ibid.
the Devil Dogs, and the Redbirds, both, Winning, was Great~
Papelbon, couldn't have happened to a 'nicer' guy..
the smile on Showalter's face was worthy of the "Kodachrome"..~
ibid.
speaking of EK..
http://www.finviz.com/quote.ashx?t=EK
not looking Healthy..
~~
looks like it may be joining..
http://www.finviz.com/quote.ashx?t=YRCW
all, too soon..
ibid.
As a Sox fan(born and raised in Boston), I have to say I'm glad it's over. Let's move on.
I will wait for confirmation on the weekly charts but AAPL came within a few bucks of that top target, I have ideas on where it would go next but there is no trade set up right now, waiting on the weekly chart
yes, this will be a "slow" signal.....but who's the person that wants to be early on this name
I'm rocking with the RAYS as well...
That TRIPLE PLAY vs. the Yankees yesterday will go down in history... Plus, then Longoria hits the 'walk off' 4 minutes after Paplebon blows it in Camden Yards...
BWAHAHAHAHAHAHAHAA!!!
@Andy
I sent you a TRADE proposal in the Booey League... Look at it...
"4 minutes after Paplebon blows it in Camden Yards..."
Let's not talk about it...
C'mon man: http://www.zerohedge.com/news/boycott-bank-america-which-about-institute-5-debit-card-usage-fee
Boycott Bank Of America Which Is About To Institute A $5 Debit Card Usage Fee
I know it's not much but YGBFKM.
ben22
The "extended version" falling three method may just get confirmed today on the SPX.
Oh good...
Pelosi's kin linked to solar companies...
http://www.weeklystandard.com/blogs/crony-capitalism-737-million-green-jobs-loan-given-nancy-pelosis-brother-law_594593.html
Is it me or do the 5 min candles (SPX) at 1PM & 3PM scream exit stage left? It's like someone is trying to drop hints.
I have come over all bearish this week.
Been selling every rally and even bought some bonds.
Europe is taking so long to get its act together, the range trade is old.
People will just take their money home.
You can't keep knocking on the 1100 door.
Next time there may not be any buyers.
Bucky wants to hit 80.
I do.
I want to f*** the goldbugs in the a**
Buck. Keep it clean, will ya?
Delicate sensibilities. Traders are known for it...
I have become a GIGO artist,
get in get out, stop f***ing about.
make 2% and run.
Hell, I will take 1%....
@LB.
The S&P 500 will trade sub 1000 sometime in the next several months.
this one's for Dylan Ratigan who wants to get the money out of politics....
start with some of the unions....
can't confirm the authenticity of this list, but...
http://www.opensecrets.org/orgs/list.php?order=A
Ok so what is the f'in rumor this time?
http://www.youtube.com/watch?v=QNq9MOc5CBY
http://www.finviz.com/futures_charts.ashx?t=SI
Ye Olde 'Shiny Metal' has been hangin' in there, like a Champ (did have a case of Vapours, though, that took it sub-27, but, astonishingly, was the ~24-minute-Variety)
~~
http://www.finviz.com/futures.ashx
all in all, the 'MMods have seemed to have, just, 'Corrected'--much like in March..
"Trends" don't seem to be 'Broken'..
AAIP
also, Happy New Year, y'all~
President’s illegal uncle giggles in court:
http://www.bostonherald.com/news/regional/view/2011_0929presidents_illegal_uncle_giggles_in_court/srvc=home&position=2
A giggling Onyango Obama — the president’s illegal alien half uncle — made a brief appearance in Framingham District Court today on charges he was drunk when he nearly struck an unmarked police cruiser last month.
When he was arrested by Framingham police on suspicion of drunken driving Aug. 24, he suggested his first call should be to the White House.
BWAHAHAHAHAHAHAHAHA
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