Thursday, November 17, 2011

Morning Corner 11.17.11

HYG (weekly info)
-no change (above mid)
trend=up
high= 90.12
rev= 85.21; mid= 87.67


HYG has finally broken below its weekly 3LB mid. It's testing its SMA(13). Not really weak just yet but is did take out the lows from the last two weeks.



LQD (weekly info)
-no change (below mid)
trend=up
high= 115.60
rev= 112.59; mid= 114.10


You would think that LQD should be screaming higher with the weakness in the market. Unless IG is not so IG. Need to keep an eye on this. It's below its weekly 3LB mid (and very close to the reversal). It's testing its SMA(13).



TED Spread (weekly info)
new high 0.4370
trend=up
high= 0.4370
rev= 0.3880; mid= 0.4125


The TED Spread has taken off like a rocket. Considering the US rates are at/near zero and the EU is coming unglued then this is expected. It's above its 38.2% minor retrace and the high from June 2010.
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16 comments:

  1. AnonymousNovember 17, 2011 at 7:24 AM

    Publication Date: January 1, 2001
    Touched is the story of Jerry SanduskyÂ’s life in his own words. From his childhood to his professional career, this book goes behind the scenes to explore the successes and challenges that Jerry Sandusky has faced in life, both on and off the football field. After graduating from Penn State in 1966, Sandusky went on to coach collegiate football for 34 years. Thirty-two of those years were with Penn State, as the defensive coordinator and linebackers coach under Joe Paterno, until his retirement in 1999. The book also explores SanduskyÂ’s involvement in childrenÂ’s charities, including the founding of his charity, "Second Mile."..."
    http://www.amazon.com/Touched-Jerry-Sandusky-Story/dp/1582613575

    http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus-ns-aaf&v%3Aproject=clusty&query=jerry+sandusky+autobiography

    I'm not sure what's more 'amazing'...the Title of dude's Book, or the 'barrels' of Ink, Electrons, and Pixels spilled on the 'Coverage' of this 'Story'...

    as well, was 'Front Page', again, on the Local Playper..

    good thing 'there's no Space' for..
    http://www.pensiontsunami.com/
    ..these types of Stories...

    AAIP

    ReplyDelete
  2. AmenRaNovember 17, 2011 at 10:02 AM

    Currently the triangle on the SPX has been breached to the downside.

    ReplyDelete
  3. AmenRaNovember 17, 2011 at 12:19 PM

    This comment has been removed by the author.

    ReplyDelete
  4. AmenRaNovember 17, 2011 at 12:22 PM

    Area of interest on the SPX. The SMA(55) at 1203.97 and the 50.0% retrace (1204.58) are not even a handle apart.

    ReplyDelete
  5. Andy TNovember 17, 2011 at 12:59 PM

    That triangle looks to have resolved itself.

    ReplyDelete
  6. cvNovember 17, 2011 at 1:41 PM

    Thursday Night Football (tonight)

    Jets vs. Broncos

    pick is up

    http://fantasy-sports-nation.blogspot.com/


    ... as well as some of the Sunday Games (as they come on line)...

    ReplyDelete
  7. Andy TNovember 17, 2011 at 4:16 PM

    Yeah, sandusky's book..."Touched"

    Irony?

    Not sure who is attorney is...but that interview with Costas was a massive/colossal mistake...

    ReplyDelete
  8. AnonymousNovember 17, 2011 at 4:44 PM

    cv--

    how do you like a Jets W, and a Broncos' 'cover'..

    don't the Jets 'need' the W, to stay close to the Pat's?

    or, is it 'too early' (in the Season) for that (kind of *thinking)?

    ibid.

    ReplyDelete
  9. ben22November 17, 2011 at 4:50 PM

    his attorney was sitting right next to Costas during the interview

    apparently he's got his own history (the attorney)

    ReplyDelete
  10. AnonymousNovember 17, 2011 at 4:55 PM

    http://www.finviz.com/futures_charts.ashx?t=ZO

    so much for Oats 'staying strong' ..

    sub-U$D 3.00 ..
    ~~~

    http://www.finviz.com/quote.ashx?t=AZO

    ~328.32

    back to the 'make or break'-line..
    ~~~

    http://www.finviz.com/quote.ashx?t=CRM&ty=c&ta=1&p=d

    ~126.09

    Inst Own 98.79%

    bad news for Mr.& Mrs. MutFund, is, just, going to get worse..
    ~~~

    http://www.finviz.com/quote.ashx?t=HANS&ty=c&ta=1&p=d

    hasn't 'cracked' yet..

    AAIP

    ReplyDelete
  11. AmenRaNovember 17, 2011 at 5:17 PM

    AAIP

    Salesforce has a P/E of 615

    YGBFKM

    ReplyDelete
  12. AnonymousNovember 17, 2011 at 5:44 PM

    AmenRa,

    yes, & P/S 8.81

    ~8.8 x Sales

    and, EPS this Y -25.09%

    y mas..

    a, Total, _______, Nightmare..

    yet, 'this, too, shall Pass..'

    "YGBFKM" does, aptly, sum it, tho..~

    AAIP

    ReplyDelete
  13. LeftbackNovember 17, 2011 at 6:17 PM

    Yeah, sandusky's book..."Touched"

    ROR. He'll find that they like to "horse around" when he is "showering with the boys", not at Penn State, but in the STATE PEN.....

    Odd odd markets. Almost all of my assets were FLAT. NLY, TIP, AGG, EWJ. Shows that sometimes you can steer clear of risk. With a little luck....

    Looking at HYG and the Kevlar gloves, but not yet....

    ReplyDelete
  14. ben22November 17, 2011 at 6:20 PM

    if they send him to the prison that is right near the university he'll be killed, and I'm not kidding, I'd be surprised if nobody went after him in there

    that prison is full of very nasty jailbirds, seems I've heard that prisoners hold a special place in their hearts for folks that do things to children

    ReplyDelete
  15. AmenRaNovember 17, 2011 at 6:28 PM

    "This is not the opex week you were looking for".


    new thread

    ReplyDelete
  16. cvNovember 17, 2011 at 6:28 PM

    @ben

    a bit of Instant Karma...

    http://www.youtube.com/watch?v=olgQnSSXwlc

    ReplyDelete