Creditcane™: Feel the burn.
SPXBearish short day. Midpoint above EMA(10). Holding above all SMA's. Failing the 0.0% retrace (1416.58). Failing the upper trend line. No daily 3LB changes (reversal is 1392.78). QE2infinity.
DXYDoji day. Midpoint below EMA(10). Failing the 61.8% minor retrace (79.60). Failing SMA(21). No daily 3LB changes (reversal is 79.79).
VIXBearish short day (long hair). Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 100.0% retrace (14.27). No daily 3LB changes (reversal is 15.64).
GOLDBearish short day. Midpoint below EMA(10). Tested and held its 50.0% retrace (1658.40). Tested and failed SMA(21,233). No daily 3LB changes (reversal is 1711.50). Still above monthly 3LB mid. Must have the precious.
EURUSDDoji day. Midpoint above EMA(10). Tested and failed SMA(144). Holding above its 61.8% minor retrace (1.3227). No daily 3LB changes (reversal is 1.3465).
JNKBearish long day. Midpoint above EMA(10). Tested and failed SMA(21). Tested and failed its 38.2% minor retrace (39.62). No daily 3LB changes (reversal is 39.88).
10YR YIELDBearish short day (long tail). Still above all SMA's. Midpoint below EMA(10). Tested and failed its 50.0% minor retrace (22.11). No daily 3LB changes (reversal is 23.79).
WTIBearish long day. Tested and failed SMA(21). Midpoint below EMA(10). Failing its 38.2% minor retrace (108.40). No dally 3LB changes (reversal is 110.31). Not confirming the monthly 3LB reversal down.
SILVERBearish long day. Tested and failed SMA(89). Midpoint below EMA(10). Tested and failed its 38.2% minor retrace (32.01). No daily 3LB changes (reversal is 32.79).
BKXBullish short day. Midpoint above EMA(10). Still above all SMA's. Tested and held its 50.0% minor retrace (50.01). No daily 3LB changes (reversal is 49.09).
HYG/LQDDoji day. Tested and failed SMA(233). Midpoint below EMA(10). Failing its 50.0% retrace (0.7942). No daily 3LB changes (reversal is 0.7846).
AAPLDoji day. Still above all SMA's. Midpoint above EMA(10). Tested and held its 0.0% retrace (616.28). New high on daily 3LB (reversal is 605.96).
TLTBullish short day. Midpoint above EMA(10). Tested and failed SMA(21). Holding above its 38.2% retrace (110.33). No daily 3LB changes (reversal is 117.50).
IT HAS BEGUN. YOU HAVE BEEN WARNED.
http://finviz.com/futures_charts.ashx?t=NG
ReplyDelete~2.2660
(Yo!)
btw, how, exactly, much 'Smoke' has been 'Blown up 'our' ***' ..about "Shale" Deposits (Reserves contained therein--being Overstated) ?
or, differently, 'We' hear ~(a lot) of 'hype in type' about Co.s, like CHK, 'aggressively Overstating 'Shale Reserves/Productivity/Longevity'...
is that from 'the Haters Hatin'', or, are 'they' "on to sumthin'" ?? (??)
~~~~
and, completely, away from my own Ledger..
was their an Offer, and Acceptance, agreed to, on that TW v. 'the Field'-Wager, for The Masters?
with that, anybody care to Purchase and 'CDS' on that "Transaction"? :)
AAIP
bull sandwich
ReplyDeleteinstant classic Ra
somewhere CV just asked for the grey poupon to be passed
was their an Offer
ReplyDeletewas there an Offer
bull sandwich
ReplyDeleteinstant classic Ra
somewhere CV just asked for the grey poupon to be passed
~~
x2
ibid.
AR
ReplyDeleteWhere the hell you find these pics?
Awesome
Anyone else SHOCKED at the cred this Josh Brown fucktard gets?
ReplyDeleteThe guy is probably OK...probably someone that would fit in ok in any normal financial office...but the dude is underwhelming to me in every regard.
Shaking head.
Moving on.
Andy T
ReplyDeleteWhen using fibos CB states that the ones that matter are the 38.2%, 50.0%, 61.8%. You can subdivide the gap from 0%-38.2% & 61.8%-100.0% with them also. So your 85.4% at 1440 (actually 1443.33) is inline with the 61.8% at 1443.40.
Andy T
ReplyDeleteFinding the pics is easy. Since I do a G-search the algorithms have a pretty good idea of what I've searched for previously.
The AAPL daily chart may have gone parabolic but the weekly chart is a straight 45 degrees. It tried to form an evening star last week but this week sent that reversal signal to the seventh level of hell.
ReplyDeleteAT,
ReplyDeleteto your, earlier point, DTJB, is, at the min., 'over-rated'..
though, consider the 'Context'..
in "his Crowd"--he seems 'renegade'..
in a Crowd of Renegades? he, just, may be an 'stain'(on the Ground..)..
remember, in 'The big picture', it's All about 'Framing'..
AAIP
Last weeks Weekly Claims revised to 364k from 348k. Now the BLS misses by a standard deviation.
ReplyDeleteBEST BUY IMPLODES: Misses Revenue, Firing 400, Closing 50 Stores
ReplyDeleteElectronics retailer Best Buy announced it would close 50 big box locations in the U.S. as it refocuses its operations around mobile.
The company said it will launch 100 new mobile locations as it retools its domestic store format.
The announcement was timed with the company's fourth quarter report, where it sharply beat analyst expectations on the bottom line. Over the final quarter of 2011, revenue grew three percent to $16.6 billion while earnings per share hit $2.47.
However, analysts polled by Bloomberg had forecast top line results of $17.15 billion, some $500 million more than the company reported. The quarter also benefitted from an extra week in the company's fiscal calendar — removing the week would mean revenue actually fell 1.1 percent.
The company saw same-store sales decline 2.3 percent during the period, highlighting its difficulties as the U.S. economy gained steam during the first few months of 2012. Best Buy saw weakness across the board, with sales suffering in gaming, notebooks, digital imaging and televisions.
Best Buy has rapidly been trying to turn its operations around as it has seen peers CompUSA and Circuit City fail. Consumers have been using its locations as a testing ground for products before making final purchases at competitors like Amazon and Walmart.
Acknowledging the change, Best Buy Chief Executive Brian Dunn said the company would vastly alter its strategy from its long time big box format to boost returns. ...
http://finance.yahoo.com/news/best-buy-shutter-50-big-120457157.html?l=1
couldn't happen to a nicer set of sleazeballas y scumbags..
ibid.
http://finviz.com/quote.ashx?t=S
ReplyDelete~2.88
Mc22,
nice reading, so far, been 'acting' the way you called it..
ibid.
Hibernating makes a bear hungry.
ReplyDeleteShort interest must not be high enough on the NYSE for the coming squeeze.
ReplyDeleteNew low on the day not confirmed by a lower TICK reading. Tread carefully bears. It might be an ambush.
ReplyDeleteFTR the SPX 5-min RSI(14) did not make a new low with the SPX. The hairs on the back of the neck are tingling. Time to add a trailing stop (it was a mental stop at first so the algos didn't have a target).
ReplyDeleteAAIP,
ReplyDeleteI've been keeping an eye on S since we discussed it.....pretty intersting chart to say the least
McB,
ReplyDeleteyes, S has good been a good Options Selling/Covered-Call Writing-vehicle, as well..
seems to be 'much' "Juice" in it's Options Chain..(High Premiums)..
AAIP
don't wheez the juice:
ReplyDeletehttp://www.youtube.com/watch?v=h1hEKqZz-OY
Pauley shore, famous
and people think they can't make it in America...come on
...if this day closes up then I'm headed back to the cave.
ReplyDeletedoubt it Ra
ReplyDelete1, 5, 15 min chart
RSI cannot get back above 65 and stay
bearish.....
granted, I'll give you the traditional positive divergence
ReplyDeletebut other evidence has me thinking we should see a 1380 handle SPX at minimum before its over
...YGBFKM
ReplyDeleteWhere da hell did this move come from?
ReplyDeletewell Ra, so much for that, bulls hold it here now you may need to do a bear sandwhich tonight
ReplyDeletewhat a bunch of nancies....
b22
ReplyDeleteI've been looking for a pic of something similar. Haven't found one yet.
re: RIMM
ReplyDeleteWeekly 3LB trend=down
Monthly 3LB trend=down
0.0% retrace at 13.12