Friday, July 29, 2016

WEEKLY AND MONTHLY WRAP UP FOR 7/29/2016


 OBVIOUSLY, all the breath "indicators" are on buy signals, STILL, so, as I have been mentioning, I am not going to waste my time talking about them until they get a divergent change in character.

The last times the total P/C was 1.20 the markets were actually, GASP, LOWER ........................ hahahahahahahahahahaha, oh god, what a crock of shit Janet and her CB buddies have made of the "markets", sigh, wad ever, I will say that the red circle way over on the left side had four breaks above the 1.20 line PRIOR to the August dump last year. Of course, the BULL's will say that 1.20 ENDED most of the other pull backs, which is true ...............................

(click on chart for larger image, I hope)

I use the "cumulative" function on my breath indicators, but I find it "interesting" that the NON-cumulative NYSE advancing issues has been making lower highs and lower lows during the current consolidation period.


Here's the 50 day volume ratio, you can see that Central Banks have been getting a little tired of being the only buyer's in the market, and are HOPING that the dumb ass retails will sucker ............... eeeeeeeeerrrrrrrrrrrr ...., "INVEST", with the markets at basically nose bleed valuations, which is what we always do.


One good thing is the $SKEW, it's stayed low through out this consolidation, meaning like I said the CB's are not very active, generally speaking the buying "area" is "around" 118 ......... ISH .....................


OK, the only things NOT on BUY signals this week, 20 SMA above 50 SMA, is the same one that's been there last two weeks, $TNX, and the $CRB joins it this week with a CRUSHING performance, although it did get a huge bullish engulfing candle on Friday as the dollar got RIPPED! Why it got ripped is beyond my comprehension as our FED had a kind of hawkish tone and we still have some of the highest interest rates in the known world, but such is the magic of the powers that be that they can move things like the buck any where they want. 
I do want to say that I LIKE the charts of the DIA, $TRAN and $NYA, they look very buyable. 


The Bullish Percent indexes are getting much better, $BPNYA,  $BPSPX and $BPHEAL joined the $BPDISC, $BPCOMPQ, $BPSTAP and $BPUTIL on buy signals. Of the other five not on buys only the $BPENER is NOT looking to hot at the moment, as oil struggles to keep up with the demand from the WORLD WIDE ECONOMIC BOOM ....................
Oh, in case you missed it Friday morning, the ADV GDP for Q2 came in over 50% LESS than what those maaaaaaaaa-velous economists "THOUGHT" it was going to be, but there's more guess's yet to come and I'm sure they'll screw around with the actual numbers just enough to get it higher ...........


ALL sector's are now on buy signals, which, IMHO, kind of rules out any "SECTOR ROTATION", hahahahahahahahaha .................


Wow, blow me over with a feather, it's NOT what's in the winner's circle in my 77 markets this week, it's what is NOT there, it surprised the shit out of me, but that goes to show how much I watch the CB manipulated indexes rather than my individual stocks. That first page is dominated by a bunch of foreign shit, as "BREXIT" is just CRUSHING Europe, hahahahahahahaha .............. not to mention TUR going from WORST to FIRST, no volatility there .....
The NasDOGS were our best index this week, QQQ up 1.39%, then IWM at .56%, then the big boys, that SUCKED this week, on the next page:


Aaaaahhhh, here's our stuff showing up, Transport were down WITH USO, hhhhmmmmm, that's NOT the way that USUALLY works, but, like these are not "USUAL" times, our worst major is on this page, the big boys down .74%, that's DIA, SPY was down .06%, which is like 12 cents. 50 indexes were higher with 27 lower.


Here's the monthly winners, metals were the big winner, XME up 24.55%, QQQ was our best major, up 8.39% with IWM up 7.84%, so the risky assets are leading which MOST people consider good.


WOW, there was only TEN loser's this month, with ALL of them inverse or commodity related, all of them, EVERY ONE OF THEM ............ oh, wait a minute, yea, that's right, there was a staged revolution in Turkey, so they ended up being the only Country that was lower, although I can't believe Britain wasn't lower, come on now, that can't be right ......................... he he


Here's the beeg wiener's in the SP 500 this week, and I guess NFLX DIDN'T miss earnings ...................


There's a lot of energy stocks on the loser's list, like all the energy that FORD expanded in falling 7.52% after a bad report, and all the hamburger fat that MCD burned through in their lousy report, and all the pure bull shit that probably came out of the option brother that thought WFM was actually going to appeal to the masses, but, wad ever ...................
And, oh, yea, lets see, hhmmmm, there's exactly, aaaaahhhhhhh, ZERO stocks in the 500 of them that are over sold on an RSI 14 basis, truly the cheapest market I have EVER seen, woo hoo ..................


Here's the winner's for the last month, and like, wow, did EBAY get auctioned off???? I only recognize ONE stock on that list, and if you don't know what it is you don't know me at all .............................


Here's some thing I didn't know was possible, there was actually LOSER's in the S and P's last month, actually there was 84 of them. Half of them on that list are energy related, and, NO, I'm NOT going to comment again about the WORLD WIDE ECONOMIC BOOM, really, HONEST, I'm just NOT going to say any thing about it .....................

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