Friday, June 26, 2015

WEEKLY WRAP UP FOR JUNE 26, 2015



Both the $NYAD at the top and the $NYSI had little whip saws this week, with both clawing over the signal line by Wednesday, but they both closed the week back on sell signals.
This is NOT an invitation to trade any thing, just giving some fact's on breath indicators.


The Candleglance charts show the Silver Cross, the 20 SMA above the 50 SMA, on the major indexes the DIA, $TRAN, $CRB, $NYA remain on SELL signals, with the $COMP and IWM on BUY signals, and the SPY just barely holding on to a BUY signal, the Dollar is still on sell, and the 10 year yields gained 9.22% this week to close at 2.476%, meaning, of course, bonds probably got killed.



Some one on Twitter was insisting that the AAII senitment index means some thing because it was under 20% bulls on June 11, so, I decided to look for myself. The bottom chart is the AAII going back to 1987, the top is the SPX going back to 1996, the red numbers ABOVE the SPX bars are the periods on the AAII chart when bulls were above 60% at certain times, and the red numbers UNDER the SPX bars are when the AAII was under 20% at certain times.
This is just for your information, come to your own conclusions, but two of the three times we were under 20% resulted in big rallies, with the other time resulting in about a 50% DROP, sssooooooooooooooooooooo.......
Four of the higher readings ended with the index going higher, while the other three were pretty good TOP pickers, especially the one on 10/11/07.



Here's the big wiener's in my 77 markets this week, the AG's finally made their big move this week, DBA up 3.89%, I watch the weekly AG report on RFD every week and the trader's kind of expected this, but they also think it won't last long and will go back and retest the lows this summer. I had to go all the way down to number 17 to get to an American index, XHB was up 1.3% on the week as home buyers LOVE higher interest rates I guess, the dollar was UUP 1.3%, all the rest of the stuff on that list were the udder worldly markets as I guess they loved the turmoil in Greece.


We start showing up on the loser's list, with TLT in third at minus 3.23%, you just blew your whole YEAR in those MASSIVE dividends, hahahahahahaha, none of our majors showed up on this list either, as our big winner was "only" down .25% on the week, the IWM, next was DIA at -.33%, then SPY at -.43%, with the NasDOGS bringing up the rear with QQQ -.56%.
Two markets closed on a 20 day high vs 1 last week, that was DBA and ERY, 16 closed at 20 day lows vs 3 last week, 20 closed on a Silver Cross vs 23 last week, 44 NYSE stocks closed with PSAR buy signals vs 137 last week, 299 on PSAR sell signals vs 84, big change for the week, 87 closed on 52 wk highs vs 121 and 79 closed on 52 wk lows vs 37 last week, 85 had CCI buy signals vs 119 and 235 were on CCI sell signals vs 110 last week.


Here's the big winner's in the SP 500 this week, WMB was a take over, the next three were also take overs, all by Obama, MRO was a Cramer thing, then LEN was an actual EARNINGS beat, woooo hooooo, I have no idea why DE was in the 12 spot, all those farmers I listen to say they won't be buying equipment for years and years, hhhhhhmmmmmm, I get an AA feeling here. Wonderful company, I love it, I just can't figure it out.


And here's the beg loser's, WYNN just cracks me up, it was like over $240 or so at the start of 2014 and it closed under $100 this week, I guess Macau is a disaster, MON in no. 6 spot is kind of a DE thingey, as they said they see no respite from low crop prices, and once again, I seem to say DE and hhhhmmmm in the same breath, but like I always say, what the hell do I know, I wouldn't short DE just because it would be UN-American as hell to do so.

Saturday, June 20, 2015

POSSIBLE TRADE "IDEAS" FOR WEEK OF MONDAY JUNE 22, 2015

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Signals Click Here!

NTRS- LONG IDEA

WWW- LONG IDEA

BG- LONG IDEA

ATI- SHORT IDEA


HSY- SHORT IDEA

THESE ARE PICKS FROM THURSDAY AND, "COULD", BE CONSIDERED FOR RE-ENTRY:
YUM- LONG IDEA


DENN- LONG IDEA


VNTV- SHORT IDEA


STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY, PLEASE READ THE DISCLAIMER AND PRIVACY POLICY AT THE BOTTOM OF THE WEB SITE. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES (JUST LIKE GOLDMAN SACHS, HAH!).
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.
Further, any opinions, analyses, prices, or other information contained on this blog page is provided for educational purposes only, and does not constitute investment advice or solicitations to trade. Please consult your investment adviser before committing any actual funds to the markets. 

CAUTION IS ADVISED!!


WEEKLY WRAP UP FOR 6/19/2015



The main men, the $NYAD's, have triggered a buy signal, ALTHOUGH, with the down turn on Friday it "could" be a whip saw. Also, the $NYA closed above the May low while the $NYAD failed to even get above that low, so they are still leading us lower.



Both the $NYSI and $NYUD remain on sell signals.


The $SPXADP triggered a buy signal on Thursday and followed through again on Friday, even with the down day. The slightly bad is that the $SPX is on the verge of new ATH's while the $ADP is lagging badly.


The top ten markets this week in my 76 markets I keep track of were all those udder worldly markets, like EPI, RSX, TUR, etc, our best sector came in at 11, IYR, up 1.68%, followed by GLD, then UNG, then our best major market, IWM up 1.52% on the week, then the NasDOGS, QQQ up 1.05% on the week, TLT .94%, DIA .33%, with the SPY bringing up the rear at .27%.
45 markets were higher on the week with 31 lower, 1 closed with a new 20 day high, XHB, vs 0 last week, 3 on a 20 day low, OIH, ECH and XLE, vs 4 last week, the NYSE had 137 stocks close with a PSAR buy signal vs 70 last week, 84 on a PSAR sell vs 63, 121 closed on 52 wk highs vs 49 last week, and 37 on new lows vs 50 last week, 119 closed with CCI buy signals vs 41 last week, and 110 on CCI sell signals vs 157, so all big improvements.


Here's the big loser's for the week, FXI with the big wiener, losing 4.70%, XME with down 2.07%, USO 1.23%, financials lost after the dovish FOMC, XLF minus 1.20%, quite a few of those udder worldly markets showed up on this list as well, Germany probably being the most notable, EWG down .75%.


Here's the big winner's in the SP 500 this week, it was quite a TRIP, as it was up 19.50% as they got Marriott as a partner, CAG was up 13.8% because of an upset activist investor, CI was up on a take over bid, and, no, it wasn't Obama.
The SP closed with 35 stocks at 52 wk highs vs 5 last week, 3 closed at lows vs 7, they were CHK, CNX and a real surprise, CF, although "PART" of that may have been the 5:1 split........ hahahahaha, 67 closed at 20 day highs vs 10 last week and 27 closed at lows vs 47, 227 closed with a Silver cross, 20 SMA above 50 SMA, vs 258 last week, 2 closed with an RSI 14 above 80, CAG and PLL, 271 closed with an RSI above 50 vs 193 last week and 231 below 50 vs 309.


Here's the big loser's this week, ORCL and FDX are notable as they both missed earnings, lowered guidance, and basically said they are going BROKE, which probably doesn't bode well for the up coming earnings season, but, HEY, who cares about some thing like earnings, they'll just borrow more money at ZERO percent from the FED and use it to buy back shares, which will fix ALL their problems, woooo hooooo!

Saturday, June 13, 2015

POSSIBLE TRADE "IDEAS" FOR WEEK OF 6/15/2015

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Signals Click Here!

KMT- LONG IDEA

UA- LONG IDEA

MYL-LONG IDEA

CBRL- LONG IDEA

PKG- SHORT IDEA

STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY, PLEASE READ THE DISCLAIMER AND PRIVACY POLICY AT THE BOTTOM OF THE WEB SITE. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES (JUST LIKE GOLDMAN SACHS, HAH!).
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.
Further, any opinions, analyses, prices, or other information contained on this blog page is provided for educational purposes only, and does not constitute investment advice or solicitations to trade. Please consult your investment adviser before committing any actual funds to the markets. 

CAUTION IS ADVISED!!


WEEKLY WRAP UP FOR 6/12/2015


The $NYSI is definitely leading the markets lower as it's taken out all it's prior lows back to last July, almost a year, with the exception of the October low. The, "WEIRD", part, is that the $NYA has hardly budged, it hasn't even taken out that short term trend line going back to December. I have NO IDEA if this means we have a MASSIVE catch up by the "markets" with a big whoosh down, or the markets have "saved" themselves, and will turn back up.
The bottom line though, of course, is we are on a SELL signal.


The main men, the $NYAD's, tried to get some thing going on Thursday but remain on a SELL signal. The predominant feature of course is the LOWER HIGH they made at the market double tops between April 27 and May 21, this is EXACTLY what took place at the October market high in 2007.
Of course, back then we didn't have a FED willing to sacrifice every thing and every one to save their precious owners, the Bankstas' on Wall Street, so any weakness will just be a tool for them to squeeze any misguided shorter's.


The big winner's in my 76 markets this week were mostly that Foreign stuff, with none of our major markets making the first page, USO and UNG DID make the first page though, lucky us I guess. Our BIG winner was the little guys, IWM up a massive .41% for the week, they were followed by the BIG guys, DIA up .35%, followed by bonds, TLT .31%, SPY was flat at .08%, with the NasDOGS DOWN on the week, QQQ minus .50%.
ZERO markets closed at 20 day highs this week vs 1 last week, 4 closed at 20 day lows vs 34 last week, and 39 closed on a Silver cross, 20 SMA above 50 SMA, vs 50 last week. There were 70 PSAR buy signals on the NYSE vs 64 last week and 63 closed on sell signals vs 196, there were 49 NYSE new highs vs 65 last week and 50 new lows vs 69, 41 were on CCI buy signals vs 50 last week and 157 CCI sell signals vs 328 last week, a big improvement, for the moment.


Here's the big loser's this week, volatility got CRUSHED with all those MASSIVE up moves in our markets, hahahahaha, VXX down 4.45%, some notable losers were metals, XME, GDX, SLV all down, IYT down 1.12%, INTC, eeeeeeerrrrrrrrrr, SMH was down 1.18%, the grains were down, DBA minus 1.26%, as my farming channel, RFD, was screaming for more subsidies, while K and GIS refuse to lower my cereal prices............


Here's all the beg wieners in the SP 500 this week, CTXS led as some body sent a letter to them saying their stock price should be a LOT higher, makes sense to me, I'm doing most of my letters up right after I get done here!!! "F" was higher the last three days of the week after an ANAL-yst said the higer dollar would hurt sales?????? Same thing with that ward of the US tax payer, GM, I still can't figure out where that $20 billion went.....................


Here's the losers this week, NEM was down even though GLD was higher as they sold stock to buy some more gold mines, it's funny because I sold some stock this week but I didn't get a gold mine in return, sigh..................
RIG was number two because of these two headlines:

Offshore Drillers: The Biggest Risk is Higher Oil Prices at Barrons.com
Transocean (RIG) Stock Falls on Lower Oil Prices at TheStreet

You got that, hahahahahahahahahahahahahaha...............
5 SP stocks closed at 52 wk highs vs 17 last week, 7 at lows vs 6, 10 on 20 day highs vs 35 last week, 47 on lows vs 140, 258 closed on a Silver cross vs 275 last week, one stock closed with an RSI 14 above 80, PLL, and 2 with an RSI below 20, OKE and KMI, 193 stocks had an RSI above 50 vs 175 last week and 309 were below 50 vs 327 last week. 


Wednesday, June 10, 2015

TRADE "IDEAS" FOR WEDNESDAY 6/10/2015

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Signals Click Here!

MYL- LONG IDEA

TTWO- LONG IDEA

POSSIBLE TRADE "IDEAS" FOR WEEK OF  6/8/2015
BAC- LONG IDEA

Was on a four day BBSqueeze and broke out Friday above the last swing high wikth big volume, obviously needs to stay above $17. 


MYL- LONG IDEA

Is on a 16 day BBSqueeze, broke above bollinger on Thursday and may have set up a 1-2-3 on Friday, where it gets a break higher, then rests for one day, then continues higher on the third day. 

TASR- LONG IDEA

Nice candle on Friday, is only on a two day BBSqueeze, Woodies CCI triggered long on Friday, "COULD", be taken over Friday high with a stop under that low. 

TWI- LONG IDEA

Very similar to TASR, same idea. 


DPZ- LONG IDEA

Currently on a 10 day BBSqueeze, WoodiesCCI turned green on Friday, needs to move up and start walking the upper bollinger band higher.

STOCK TRADING IS EXTREMELY DANGEROUS TO YOUR FINANCIAL HEALTH AND IF YOU TAKE ANY OF THESE TRADE IDEAS AND HAVE NO COMPREHENSIVE TRADING PLAN OR NO STOPS IN PLACE YOU WILL UNDOUBTEDLY LOSE ALL OF YOUR MONEY, PLEASE READ THE DISCLAIMER AND PRIVACY POLICY AT THE BOTTOM OF THE WEB SITE. I MAY ALSO HAVE A POSITION IN THE SECURITIES MENTIONED AND I MAY BE PUMPING THEM HOPING TO FIND A SUCKER TO TAKE IT OFF MY HANDS AT HIGHER (OR LOWER) PRICES (JUST LIKE GOLDMAN SACHS, HAH!).
TAKE ONLY THE OPPORTUNITIES THAT YOU REALLY LIKE AND UNDERSTAND. ALWAYS ENTER A TRADE WITH A TRADING PLAN. THE PRIMARY FOCUS IS TO FIND SWING TRADES BY USING INTRADAY SETUPS THAT HAVE A POTENTIAL TO BECOME SWING TRADES. OUR MAIN FOCUS AS TRADERS IS TO TAKE HIGH PROBABILITY AND R/R TRADES AND CONTROL OUR RISK.
Further, any opinions, analyses, prices, or other information contained on this blog page is provided for educational purposes only, and does not constitute investment advice or solicitations to trade. Please consult your investment adviser before committing any actual funds to the markets. 

CAUTION IS ADVISED!!


Saturday, June 06, 2015

WEEKLY WRAP UP FOR 6/5/2015





Every thing's great, jobs are plentiful, corporations are making record profits, they are also borrowing record amounts of cheap money to buy back shares to give the allusion of those record profits, wages are increasing which will add to those record proits (or wiiiillllllllllllll they???), every thing is all, and I'll say it, GREEN SHOOTS, a flash back to the good old Larry Crudlow days.
So why aren't those damn breath indicators cooperating? Every one of them is on a sell signal, in fact the one in the middle, the $NYSI, looks horrible.......... well, ok, there is one on a buy, the good old NasDOGS down at the bottom, it's been kind of whip sawing back and forth and the only gainer Friday took it back above the signal line, wooo hooooo..........


The Candleglance group is kind of interesting, the dollar was FLYING Friday, up .91%, and for some strange reason it dragged OIL, COPPER, INTEREST RATES, the CRB, and Trannies right along with it, wow, nice stuff, I count at least FOUR of them that, "SHOULD", go in the opposite direction of the buck, actually, you can add the $RUT in there as small caps, USUALLY, hate higher interest rates, but, hey, what the heck, I guess the FED is capable of just about any thing.
Another 2% in higher yield on the TLT and I may start thinking about getting back into bonds after a looooooooooong absence, 
Some thing's "probably" going to give in that bunch next week, as I seriously doubt that they all continue HIGHER as a unit. 


Here's the winner's this week in my 76 markets I keep track of, the Trannies were the big winner's in our domestic markets, IYT up 2.58%, the little guys were our major market winner, IWM up 1.22%, and they were the ONLY winner, SPY came in second at MINUS .65% on the week, then the NasDOGS, QQQ down .68%, with the big boys bringing up the rear at -.89%. 
1 market finished at a 20 day high, and that was ERY, vs 2 last week, 34 finished at 20 day lows vs 14 last week, and 50 finished on a Silver Cross, 20 SMA above 50 SMA, vs 52 last week, 64 NYSE stocks finished with a PSAR buy signal vs 59 and 196 on a PSAR sell signal vs 210 last week, there was 65 new 52 wk hi8ghs vs 66 and 69 new lows vs 44 last week, 50 finished with a CCI buy signal vs 61 and 328 on a CCI sell signal vs 159 last week.


Here's the big loser's in the 76 markets, the top 7 were some of those udder Worldly indexes, then our big loser showed up with TLT down 4.16% on the week, XLU was right behind as it hates higher interest rates as well, SMH took a dump as I guess trader's don't believe it's going to be brought out for a 100% premium, GDX, SLV and UNG were all down, the kind of freaky one is the XLP at -2.46%, consumer staples, which is weird as I can't imagine why people don't want to invest in what I consider to be easily the single most over valued piece of shit sector in the markets, but, that's just me. 


Here's the big winners in the SP 500 this week, they liked banks, ZION, shirts in PVH, I guess because FXI was "ONLY" up .41% this week that the Chinese would have enough free change to spend it in Macau so they bid up WYNN, some of the other beaten down stocks got bid up as well like URBN, KORS, KSU. 


Here's the loser's this week, you can see why the SMH was down with INTC lower by 7.60%, I notice some of the oil outfits are starting to show up again, I guess some of them have Nat gas exposure more than oil.
17 SP stocks finished at 52 wk highs vs 17 and 6 on lows vs 7 last week, 35 finished on 20 day highs vs 32 and 140 finished on lows vs 53 last week, that last one was a big number and "MAY" say it's over sold some what, 275 closed on a Silver Cross vs 262 last week.

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