Creditcane™: Vultures are flying into me and are not affected. What gives?
SPXBullish short day. Midpoint above EMA(10). Holding above all SMA's. Holding above the 0.0% retrace (1359.44). Tested and held the upper trend line. New high on daily 3LB changes (reversal is 1395.95). QE2infinity.
DXYBearish long day. Midpoint below EMA(10). Tested and failed the 61.8% minor retrace (79.60). Tested and failed SMA(89). New low on daily 3LB (reversal is 80.57).
VIXBearish short day. Midpoint below EMA(10). Failing all SMA's. Holding above its 100.0% retrace (14.27). No daily 3LB changes (reversal is 16.80).
GOLDSpinning top day. Midpoint below EMA(10). Tested and held its 50.0% retrace (1658.40). Tested and held SMA(233). No daily 3LB changes (reversal is 1711.50). Still above monthly 3LB mid. Must have the precious.
EURUSDBullish short day. Midpoint above EMA(10). Tested and held SMA(21). Tested and held its 61.8% minor retrace (1.3232). No daily 3LB changes (reversal is 1.3465).
JNKBullish short day. Midpoint below EMA(10). Tested and failed SMA(21). Tested and held its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).
10YR YIELDBullish LONG day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 61.8% minor retrace (22.85). New high on daily 3LB (reversal is 22.74).
WTIBullish short day. Tested and held SMA(21). Midpoint above EMA(10). Tested and held its 38.2% minor retrace (108.40). No dally 3LB changes (reversal is 110.31). Not confirming the monthly 3LB reversal down.
SILVERBullish short day. Tested and held SMA(55,89). Midpoint below EMA(10). Holding above its 38.2% minor retrace (31.77). No daily 3LB changes (reversal is 37.20).
BKXSpinning top day (evening star imploded). Midpoint above EMA(10). Still above all SMA's. Tested and failed its 50.0% minor retrace (50.01). New high on daily 3LB (reversal is 48.11).
HYG/LQDBullish long day. Tested and held SMA(233). Midpoint above EMA(10). Tested and failed its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7706).
USDJPYBearish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (83.295). No daily 3LB changes (reversal is 81.73).
AAPLBullish short day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (594.72). New high on daily 3LB (reversal is 552.00).
30YR YIELDBullish long day. Above all SMA's except SMA(233). Midpoint above EMA(10). Tested and failed its 38.2% retrace (34.90). New high on daily 3LB (reversal is 32.46).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
20 comments:
Prices will rise by 600 yuan ($95) a metric ton starting today after the three crude grades tracked by the National Development and Reform Commission climbed more than 10 percent, according to a statement on the planning agency’s website yesterday. Refiners will charge 7 percent more for gasoline and 7.8 percent more for diesel, the biggest price increases in more than two years, according to data compiled by Bloomberg.
http://www.bloomberg.com/news/2012-03-19/china-to-increase-fuel-prices-second-time-in-two-months.html
http://www.businessweek.com/news/2012-03-14/chinese-economy-already-in-hard-landing-jpmorgan-says
PM's seem to be trying as hard as they can to end 3 straight quarters basically flat...
~ LOL
"Look over here Joe... AAPL! It's on fire by golly! ON FIRE!... Redemptions? Pfffft! As your 'financial advisor' I think you ought to pawn some of your wife's UNWANTED gold jewelry and get on those AAPL shares before you get priced out forever!"...
AAIP
Heere's a quick overview of option strategies: http://www.888options.com/resources/literature/files/options_strategies_quick_guide.pdf
Who let the bear out?
Looks like they are trying to trap and capture the bear.
Best comments from yday were when they were calling Apple it's own Asset class.
It's really true.
80.04 looks resistance on the DXY now....50% retrace...shoudl not be able to trade above 80.21, the 61.8%.
BinT, saw $4.92 at a station on the way home from work yesterday... sheesh
Housing Starts with a couple other indicators.
Gene Sperling on TV talking about how we all have to have "shared sacrifice."
What does that even mean?
@Andy T
"Your Share" of the sacrifice is higher taxes & higher food & energy prices...
Obama's share is 'slummin it' with trips to Mexico instead of Hawaii & Spain...
http://www.theblaze.com/stories/why-is-the-story-about-malia-obama-vacationing-in-mexico-disappearing-from-the-web/
Any questions?
qqqq..yeah, I know. Gas here up 18% in 3 months. Those that say that won't make a difference are simply not thinking...
and CV..although I don't share your eternal position on gold, I would agree higher taxes (or tax rates...) are inevitable...this is the end product of the Fed's massive stimulus and the government's deficit ramp up...
"Gene Sperling on TV talking about how we all have to have "shared sacrifice."
What does that even mean"
I think its sort of like how ALL politicians agree we need to "cut spending", just so long as it doesn't mean cuts on their pet project
and so in the end.......nothing!
I don't know who Gene Sperling is, but my guess is "we all" translates to "everyone else" in the back of his mind.
Americans all shared in sacrifice when we bailed the banks out by force and with no say in the process, so Gene, kiss my ass.
@Bruce (11:08)
In any case (per qqqq's comment above)...
Your Prius(es), don't look too bad at the moment...
I just spent 4 hours this morning tossing 4 yards of mulch (2 full loads) from the back of my pickup...
Fuck me... I'm not 20 anymore...
Market has spent the whole day trying to undo that first SPX 30 minute candle.
Gold doesn't appear to want to give up SMA(55) on the weekly chart.
Waay off the beaten path..
I've been using the Gillette "Fusion" Razor for a while, now..
really, to me, one of the best "Branded" 'CPG' (Consumer Packaged Goods)-items on the 'Market'..
anyone else have any experience with it?
negative?
as an aside, if one pays attention the 'Sunday' Circulars..there are, every so often, Coupons, usually coupled with Promotions at stores like Rite-Aid/CVS/Walgreen's, et al.
not unusual to 'Score' them, after Discounts for U$D ~2 (Razor + 2 Blades)..
AAIP
AAIP
I've been using fusion pro glide exclusively for what seems like forever now, I was using a mach one before that and these seem way better. I dont' like electric shaves much.
and you are right, if you hit the sales you can get them on good deals, the Rite Aid close to me runs lots of promo's on them it seems
overall I'd say I'm positive on fusion blades
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