NFLX (weekly info)-no change (above mid)
trend=down
low= 83.46
rev= 155.60; mid= 119.53
Even though this week has been somewhat bullish in the market it hasn't helped NFLX. It's back below the SMA(233). It's testing the 61.8% minor retrace. These small body weekly candles do not bode well the future of NFLX.
AAPL (weekly info)-no change (below mid)
trend=no
direction=down (1 bar)
low= 392.87
rev= 422.00; mid= 407.44
AAPL is losing it's bullish momentum. It looks like it will close below SMA(13) this week. It also appears that is will make a confirmation low on the weekly 3LB.
16 comments:
Ra,
thanks for putting the AAPL chart up, so far that $426 target I had is holding, there is ongoing negative RSI divergence on aapl, couple that with what you have above and it's not the greatest chart to say the least
and how about GMCR, down almost 40% just yesterday yet still up over 20% for the year
that's nuts
belieave David Einhorn announced his "big short" in them about 3-4 weeks ago
congrats to him, monster trade
Damn. Forgot that bonds aren't trading today. HFT hell has started.
Quotage..
while the Algos are at play..
"By a continuing process of inflation, governments can confiscate, secretly and
unobserved, an important part of the wealth of their citizens. There is no
subtler, no surer means of overturning the existing basis of society than to
debauch the currency. The process engages all the hidden forces of economic law
on the side of destruction, and does it in a manner which not one man in a
million is able to diagnose."
-- John Maynard Keynes
(1883-1946) British economist
Source: "The Economic Consequences Of The Peace"
http://quotes.liberty-tree.ca/quote_blog/John.Maynard.Keynes.Quote.B248
"If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer."
-- John Maynard Keynes
(1883-1946) British economist
Source: The Economic Consequences of the Peace, 1920, page 240
http://quotes.liberty-tree.ca/quote_blog/John.Maynard.Keynes.Quote.A927
"The few who understand the system, will either be so interested in
its profits, or so dependent on its favours that there will be no
opposition from that class, while on the other hand, the great body
of the people mentally incapable of comprehending the tremendous
advantage that capital derives from the system, will bear its burdens
without complaint, and perhaps without even suspecting that the system
is inimical to their interests."
-- John Sherman
Protege of the Rothschild banking family
June 25, 1863
Source: in a letter sent to New York bankers, Morton, and Gould, in support of the then proposed National Banking Act
http://quotes.liberty-tree.ca/quote_blog/John.Sherman.Quote.8C55
AAIP
while the Algos are at play...
---
Quick... Print some more money so the algos can keep on playing...
Don't worry, in the end it will only cost you a Christmas Tree tax...
Sunday EARLY GAME picks up at...
http://fantasy-sports-nation.blogspot.com/
Alas... only one (3 unit pick)...
I'll have several "multi-unit" picks for the afternoon games before all is said & done...
Michael Bush
Beast
Ra,
ISRG, going to put a $514 target on that stock, I have no position in it, only chart.
Bush was a beast at Louisville...
He caught an unlucky break with an untimely injury or he might be making more dollars now...
Kind of like Arian Foster in a way, but Foster finally got his shot as a starter...
But that's 'past' news...
The NEXT ONE you need to look for (that fits the same profile) will be:
Mikel LeShoure (DET)...
next year bitchez!
I have to admit I have no idea who LeShoure is
cool name though
I'd also like to say
Go Heels! down with the Izzo
preseason number 1
bitchez
@ben (2:36)
You ought to know him...
He ran for 119 yards against your boys in Beaver Stadium last year (plus a 27 yard reception)......
CV,
they don't play most of the PSU games in DE, unfortunately
maybe only 2-3 per year that I watch on tv, and I dont have the Big 10 network
At least the bond market will be back in actio on Monday to keep the algos in check. I'm cracking up at all of the explanations in the MSM on why today is so bullish. Yet none bring up the fact that the bond market is closed.
Well...
There's always the Blue Hens... lol
S&P looks kind of 'pennant/traingial-ish' since the end of October...
Might be enough to buy some time to carry everyone thru Thanksgiving - Christmas (& pay BONUSES)...
Imagine that!
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