Wednesday, October 21, 2015

POSSIBLE TRADE "IDEAS" FOR WEDNESDAY 10/21/2015

Sign Up for Ivica's Free Trial and Trading 
Signals Click Here!

ROST- LONG IDEA
ZGNX- SHORT IDEA
SPR- SHORT IDEA
VAR- SHORT IDEA

POSSIBLE TRADE "IDEAS" FOR WEEK OF 10/19/2015
LGF- LONG IDEA














Trading Plan:
Entry: 41.01

Exit or Stop: 39.90

Target Area: Open

Type: Day-Swing Trade
ACXM- LONG IDEA

Trading Plan:
Entry: 21.80

Exit or Stop: 21

Target Area: Open

Type: Day-Swing Trade
EAT- SHORT IDEA

Trading Plan:
Entry: 50.50

Exit or Stop: 51.18

Target Area: Open

Type: Day-Swing Trade

AAPL- SHORT IDEA

Trading Plan:

Entry: 111

Exit or Stop: 111.78

Target Area: 95- Open

Type: Day-Swing Trade

WHOP!! WHOP!! WHOP!!
MARKET ALERT!! MARKET ALERT!!
UNDER THE CURRENT VOLATILE MARKET CONDITIONS IT IS EXTREMELY TOUGH SWING TRADING CONDITIONS, AND AS SUCH IT IS RECOMMENDED YOU TAKE THE "NECESSARY" STEPS AND ACT ACCORDINGLY TO PROTECT YOURSELF, AND IF YOU HAVE TO ASK WHAT THOSE STEPS ARE YOU ARE IN DEEP DOO DOO AND HAVE NO FRICKING BUSINESS TRADING STOCKS!!!!!!!!!!!

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.

 "The Clueless Q Trader" may generate revenue from this and other advertisements.

CAUTION IS ADVISED!!

Friday, October 16, 2015

WEEKLY WRAP UP FOR 10/16/2015

(double click for larger images)

We had an improvement this week as out of 12 fairly major markets we increased from one last week to three this week that are on a Silver Cross buy signal, 20 SMA above 50 SMA, although none of them are the ones you particularly want to see leading, $CRB, GLD and TLT.  DIA and VWO are within a gnat's ass of a new signal, one up day on Monday and they probably get it.



The12 Bullish Percent indexes had eight Silver Crosses this week compared to only five last week, $BPNYA and $BPCOMPQ will  join the buy parade with any kind of decent day on Monday.


With this being Triple Witching day to end the week this probably don't mean diddly squat, but of the 2976 stocks in my Market Monitor that were up 4% on the day and week we had more of them that were DOWN 4% than UP, which seems verwy verwy strangwe after two fairly big up days in a row, the daily up 4% had a huge drop from 361 to only 65 stocks, the weekly was not as bad but it sure seems funny that 457 stocks finished down on the week compared to 349 higher.


Here's the big winner's this week in my 77 markets, , our best major this week was the NasDOGS, as QQQ went from worst to first, uip 1.49%, most likely because of the SMH being up 3% as it appears that every Semiconductor company in the NasDOG 100 is going to be bought by every other Semiconductor outfit. TLT was our next best major, up 1.35% as investor's fled to the safetly of bonds, , then SPY, .93%, DIA at .65%, with the IWM bringing up the rear at MINUS .29%, interesting to see the risk on assets not doing to hot with all this LOVE from Bubblevision.
Only 17 markets closed the week at 20 day highs vs 37 last week, , 3 closed at a low, SH, QID and VXX, which make perfect sense, only 22 market are on a Silver Cross, the NYSE closed with 75 stocks on PSAR buys vs 101 last week and 64 on sells vs 21, some what of a deterioration,  better on the new 52 week highs with 77 on Friday but only 11 new  lows.



A lot of markets got hit pretty hard this week, especially compared to last week when only FIVE were down on the week, Brazil is just a disaster, EWZ down 6.02% this week alone, although if that woman President decides to leave it will probably rally 100% in one day, oil was real weak with USO and OIH down over 4%, which brings up the weird one as the Transports were also down, IYT -2.09%, as they are "supposed" to get helped with oil prices drop, wad ever.


Here's the beeg wiener's in the SP 500 this week ..........................


And here's the loser's list, PWR seems to not have any, power that is, NFLX flickered some what, WMT got CRUSHED as it appears the consumer is NOT living in La La Land like the ANAL-lyst seem to be, there was no JOY this week, FCX followed  AA lower this week.
24 SP stocks had a 52 week high Friday, while three had new 52 wk lows, WMT, STX and PWR, 149 had a new 20 day high vs 7 lows,178 were on a Silver Cross and 308 were above their 50 SMA, ZERO stocks closed with an RSI above 80 or below 20, AGAIN, just AMAZING that there's STILL no over bought or over sold stocks to do credit spreads on the weeklies, 355 stocks were above a 50 RSI and 145 below 50.

Elliott Wave International (EWI) is hosting a free Trader Education Week. Register now and get instant access to free trading resources -- plus you'll receive more lessons as they're unlocked each day of the event.
Don't miss this opportunity to learn how to spot trading opportunities in the markets you follow.
Register today and get your first 3 free trading resources immediately, plus we'll alert you to valuable new resources beginning October 12.

Friday, October 09, 2015

WEEKLY WRAP UP FOR 10/9/2015

(double click for larger images)

The main men, $NYAD, and the $NYSI had HUGE thrusts this week, I mean, people just LOVE this market!!



HOWEVER, both the "CUMULATIVE" $NYSI and the all important $NYHL are still on sell signals, the markets did not turn up a year ago until BOTH of these got a new buy signal, the $NYSI is not even close to one right now  but the $NYHL is within a gnat's ass of a new signal, an up day on Monday would do it, and based on last Monday Goldman and Da Boyz will probably gap the futures up about 10% into Monday morning.


I believe the $NYMO got over 90 this week, the Friday close is the second highest close in the last five years, the low in 2012 was the only higher one. This used to mean we were OVER BOUGHT but since the MASSIVE interventions by the stinking FED the last seven years and the introduction of the "COSTANZA" market, this now means over sold and a new bull market.


Out of 12 fairly major markets only one, ONE, is on a Silver Cross buy signal, 20 SMA above 50 SMA, and that's the single most hated market in the world, GLD...............


The12 Bullish Percent indexes had five Silver Crosses this week compared to only three last week.

The $SPX P and F chart is on a "Double Top Breakout" from 10/5.

The P and F chart for the Bullish Percent $SPX is on a "Bull Confirmed" from 10/9.


Here's the big winner's this week in my 77 markets, and I have to say, this is the stupidiest thing I have EVER seen, the WORST market on the first page, EEM, was up 6.17%, which is a good YEAR in NORMAL markets, but this cacls out to 320% a YEAR!! AND THAT'S THE WORST OF THE BUNCH!!! Did I mention that this is the STUPIDIEST thing I've EVER seen??????? All because the F**KING FED said things are so BAD that they aren't going to raise rates, and that was right before the worst payroll report we've had in like a year!!!!
Wad ever, sigh, our best sectors, besides GDX, were XLB and oil related, XLE and OIH and USO, as if the shitty payroll report is going to increase DEMAND, hahahahahahahahahaha................ like I said, wad ever, our best major was IWM, up 4.6%, then DIA, 3.76%, SPY 3.29%, with the NasDOGS bringing up the rear at a measly 2.42%, TLT went from first to worst this week, down 1.83%.
37 markets closed the week at 20 day highs vs only two last week, , 1 closed at a low, SH, only 10 market are on a Silver Cross, the NYSE didn't close much better close than week with 101 stocks on PSAR buys vs 201 last week and 21 on sells vs 82, not much better on the new 52 week highs with 78 on Friday but only 7 new  lows.
Speaking of 20 day highs, once the market reach's that level then the first pull back can be bought..............



Wow, only five markets finished lower this week, I don't keep track of this stat but it sure sounds like a record number to me.............


Here's the beeg wiener's in the SP 500 this week, I actually watched an ANAL-lyst on Bloomberg say, with a straight face, you want to buy QUALITY stocks with INCREASING earnings the last few quarters, well, OBVIOUSLY, he hasn't looked at the big winner's in the SP 500 lately..........................


The loser's list TOTALLY shocked me, as I didn't thing it was POSSIBLE for any thing to go DOWN this week, especially things like YUM, BIIB, EBAY, TAP, MYL, JWN................... AA is NOT on the list, but they fell on Friday after the dumb asses MADE money in the quarter, again, sigh, they haven't gone up since they LOST TWO BILLION in that one quarter in 2013, oh well, there's always next quarter...................
28 SP stocks had a 52 week high Friday, there was only one 52 wk low, GPS, 196 had a new 20 day high vs 3 lows,GPS, EA and CME, 119 were on a Silver Cross and 312 were above their 50 SMA, ZERO stocks closed with an RSI above 80 or below 20, just AMAZING that there's no over bought or over sold stocks to do credit spreads on the weeklies, 386 stocks were above a 50 RSI and 114 below 50.
I didn't proof read this so I don't know what it looks like, but I'm off to see our number two state ranked Beaver High school football team play, so, later Gator's..... can you imagine being on a team know as the Beaver Beavers, hahahahahahaha......................

Elliott Wave International (EWI) is hosting a free Trader Education Week. Register now and get instant access to free trading resources -- plus you'll receive more lessons as they're unlocked each day of the event.
Don't miss this opportunity to learn how to spot trading opportunities in the markets you follow.
Register today and get your first 3 free trading resources immediately, plus we'll alert you to valuable new resources beginning October 12.

Friday, October 02, 2015

WEEKLY WRAP UP FOR 10/2/2015


The main men, $NYAD, just managed to issue a new BUY signal on Friday, BUTT, it could be subject to a Whip Saw as per the lower items and the SPY chart down below......



Both the $NYSI and the all important $NYHL are still on sell signals, the markets did not turn up a year ago until the $NYHL got a new buy signal, and it's not even close to one right now.....


The SPY is coming off a BB Squeeze that triggered to the DOWN side, and won't issue a new buy signal until it crosses over the zero line, the part I REALLY hate about this chart is that the SPY "SHOULD" go higher off of this candle, BUTT, the damn markets went back to their "COSTANZA" ways as they rallied today off of a HORRIBLE jobs report that was 30% LOWER than all those wonderful estimates, the reason we rallied of course is that the bad number supposedly keeps the FED on the side lines a while longer.............. personally, I won't get to excited until we get over the September high and the down trend line.


Out of 12 pretty important markets only 3 are on a Silver Cross, 20 SMA above 50 SMA, $USD, TLT and GLD.


Out of 12 Bullish Percent indexes only three are on a Silver Cross, $BPMATE, $BPENER, and $BPINFO just barely managed a cross.


Here's the big winner's this week in my 77 markets, if you are looking for our major markets you won't see them here, it's mostly a bunch of "Frontier" markets like China, Italy, Brazil, India, our best sectors, besides GDX, was XLB and SMH, TLT won the "major" race this week, up 2.48%, then SPY at 1.1%, QQQ 1.06%, DIA 1.04%, IWM was on the loser's list at minus .74%. Two markets closed the week at 20 day highs, TLT and BND, 8 closed at lows, only 7 markets are on a Silver Cross, BND, USO, FXE, GLD, SH, QID, VXX, all of which are defensive issues, the NYSE had a much better close this week with 201 stocks on PSAR buys vs 35 last week and 82 on sells vs 91, but the new 52 week highs just stank the joint up on Friday with only 29 new highs and 188 new lows.


Here's the loser's this week, it's kind of surprising to see GLD on the list as GDX just ripped this week:


It's coming off of a huge BB Squeeze that triggered LONG today, it went up 8% Friday and gapped over the down trend line, it closed out side the bollinger and "SHOULD" start walking up that bollinger higher............. all of which means, OF COURSE, that it will probably get CRUSHED next week, hahahahahahahahahahahaha.......................


Here's the beeg wiener's in the SP 500 this week, a lot of the gains came on Friday, like WYNN, which was up 28% on some vague promise out of the Commie bastards in China, wad ever, GM was higher as they try and figure out how to spend that 20 BILLION dollars they stole from the tax payers...........


I didn't think it was possible after Friday but 186 SP stocks were lower this week, "V" just made the last spot at minus .06% for the week, a lot of other financials were not so lucky.......
Even with the huge Friday only 5 SP stocks had a 52 week high, HRB, HRL, PSA, NVDA and VRSN, there were 48 52 wk lows, only 41 had a new 20 day high vs 116 lows, just really lousy breath numbers to go with the day, one stock closed with an RSI above 80, PCP, and two were below 20, THC and GPS, 221 stocks were above a 50 RSI and 279 below 50.

blogger templates | Make Money Online