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Littleshark
Yellen testifies before Congress on Tuesday & Weds. ...

Feb.20 > Monday next week ,,, Presidents day holiday ... are Markets closed next Monday ???


run through the XL's to see what is driving the Markets up ,,, and what's not ...
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acestocksplayer
HAPPY MONDAY MORNING....!

Well, my trading portfolio is mostly higher this morning....

My ZBRA calls for March 17th expiration have jumped 33% this morning....some of that jump appears to be rotation from the February to March contracts as the underlying price is up less than 1%...but also, i am holding the $85 strike and price has moved firmly above $85.00 and that will drive the machines crazy.

My KTOS August $10 calls have popped 25% this morning with the underlying price up about 5%...

And my SHLD short is up 4% on the puts as the underlying price has dropped about 1.5%
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
http://schrts.co/AEG5JH ZBRA ,,, http://schrts.co/J21td9 KTOS ~ Friday was FAST2 chart HF day testing 20ma as support ... congrats on the nice plays ACE ...
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umunver
I had mentioned WNDW couple of days ago.
Look at the action today. It is flying.
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CMAC38
umunver wrote: I had mentioned WNDW couple of days ago.
Look at the action today. It is flying.


Nice call.  Congrats
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Littleshark
umunver wrote: I had mentioned WNDW couple of days ago.
Look at the action today. It is flying.

(end)


Keep the picks coming umunver ... http://schrts.co/qXQj2r WNDW average lines SWITCHED from anti-stacked to bullish mode stacked ,,, nice charting umunver ... http://schrts.co/1wQAbT FAST2 "confirmation" chart view kept the blue line above red line the whole time ... http://schrts.co/tcwZjl Market Structure chart had a price line Feb. bull flag inverted H&S bottom pattern ,,, then break out ... note the RSI(14) stayed in bull territory above 50 line ...

[thumb] nice pick umunver ,,, I expect you had your own TA chart signals that you relied on ...
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acestocksplayer
My SHLD short just hit a new low for the day at $6.53....

I posted a SHLD daily chart 2 days ago, so readers can scan back thru old posts to find it....see post #117 on previous page... Red candle today has dropped below Friday's black candle off a short squeeze....i began my trade late Friday as the squeeze lost momentum.... Price also under-cut the 13 Ema line this afternoon....Fast RSIs are near bottom, so it is conceivabe there may be another little rally coming which I anticipate will create a new lower high as the stock continues its journey to zero.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
THE BULLS HAVE SENT THE SUMMATION INDEX BACK INTO SILENCE FOR NOW....JUST LIKE THEY HAVE CALMED THE VIXENS...

Look at the RSI graph on the $NYSI daily chart....it climbed back up above 70....the high alert is silenced once again...for now, at least...

Oh, and look closely at the SPX graph below the $NYSI chart...I never noticed this until now, but SPX witnessed an ascending triangle breakout that started in late January, then stalled for a short time (about the same time that the RSI on $NYSI was starting to descend)...and then the SPX clearly broke out of the ascending triangle about a week or so ago.... 

$NYSI daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
THE BIO-TECH SECTOR IS HEATING UP ONCE AGAIN...

The IBB daily chart witnessed a symmetric triangle breakout last Thursday...and that rally continued higher today after a brief shake-out last Friday....

IBB Daily Chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
FOR THOSE WHO ARE FANS OF THE INTERNET OF THINGS ( IOT ) STOCKS...

The SNSR ETF continues its breakout mode on Monday...advancing to a new high....

SNSR daily chart 

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
http://schrts.co/WXfK90 TLT near day lows as Yellen testifies before the Senate ... Tomorrow she testifies before some other Congressional committee ... http://schrts.co/nsEv58 longer trend view ... or http://schrts.co/GRXTq4 KISS view for those who don't like cluttered chart views ...



http://schrts.co/LGI1Hc UUP triple abandoned baby island top ,,, downtrend since ,,, so IMO it is a bear flag now that is testing former support as resistance ...
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Littleshark
http://schrts.co/I1zrVQ NAK ,,, look at news articles >>> it claims the Speculation run is over and that NAK is a no asset stock ,,, then at option PUT interest ...
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acestocksplayer
Well, this is my 3rd attempt today to do a post....there isn't anything wrong with the Forum....it's just the previous 2 attempts got interrupted before I could finish a post....

Any ways, not much going on with my trades today, and what activity there is going on is downward....

But hey, what should one expect on a day that Yellen is threatening rate hikes sooner rather than later....!
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
For those following the IBD 50 and chip stocks. IDCC is in the 2nd to 3rd day of a base breakout....

I looked at the calls, but the price splits for the up-front months do not look attractive to me.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
I added to my position in ARTX on this afternoon's big bounce...ARTX is back above the 50 day line and there is a pSar flip.
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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PLAY_HRD

Hello Everyone!  Hope you're booking lots of green trade during this Bull run!

I've been waiting for a Vix spike to no avail... so my gains this year are minimal.  If I would have know that the Vix was going to be anchored down like it is I'd loved to been short more shares of UVXY, but at least I'm making a little something... it's down over 50% since January 1st, WOW!

I'm also starting to add Natural Gas to my holdings again now that it's back under $3.  I'm playing this with DGAZ shorts, again, first position @ $5.00, and will add more each time it goes up another $1.  Not sure on an exit time frame... play it as she goes... IF NG spikes I'll book my gains, if not I'll patently wait as decay eats away the share value.

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acestocksplayer
CONSUMER DISCRETIONARY HAS BEEN ONE OF BEST BROAD CATEGORIES TO BE INVESTED IN THE MONTH OF FEBRUARY...

In fact, the XLY has been climbing pretty much since New Year's Day....

Among the Spyder Select ETFs, the XLY has ONE of the best looking charts and a rising SCTR score...

When consumer discretionary is leading the pack, that is a sign of a strong economy and of a stock market with animal spirits....It's not leading the pack yet, but it is gaining momentum...

Just keep in mind that the big rally in late 1999 and early 2000 also included consumer discretionary stocks among the best performers.

XLY daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
OF COURSE, THE FINANCIALS HAVE BEEN THE MONSTER STOCKS SINCE TRUMP GOT ELECTED....

And that is clearly borne out by the great performance in the Spyder Select ETF for the Financials...the XLF.

Another XXX entry signal was just generated as the XLF is breaking out of a saucer base....the vertical green dashed lines represent XXX entry signals...

The SCTR score is a phenomenal 98....that is phenomenal for an ETF that covers many stocks, some not so good as others, and that just goes to show how strong the Financials are right now...

XLF daily chart

[image]
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
That Lithium and Defense Contractor Stock of mine had a strong re-bound today off that rising 100 day line...

ARTX cleared the 50 day and I increased my position again in it....

ARTX daily chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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Littleshark
ACE ,,, you mentioned XLY in a post above ..

this morning an article claims that January retail sales were  up 1.5% for electronics & 1% for clothing ... they say that is a big increase in January ... ,,, ... are they just pumping the sector ???
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acestocksplayer
Littleshark wrote: ACE ,,, you mentioned XLY in a post above ..

this morning an article claims that January retail sales were  up 1.5% for electronics & 1% for clothing ... they say that is a big increase in January ... ,,, ... are they just pumping the sector ???


___________________________________

Hey Shark, maybe they are pumping the sector, but the XLY doesn't disagree....if the charts show the path of least resistance is to be going higher, then who are we to argue with that?

However, the latest figures on consumer inflation are much higher, and with interest rates threatening to go higher this year, the consumers might turn tail later this year, perhaps?
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Another dull and sl8ghtly downward day in my trading portfolio....apparently I am not positioned into the hot runners the last 2 days....

Also, my SHLD short is going against me for a 2nd day... it still looks like trade-bot games to me.....it the value of my put should drop another 10% or more, maybe I should add to my put position....hmmmmmm....!
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
BIOTECH COMEBACK....As I pointed out here a couple days ago, the IBB etf chart for the Bio-techs had broken out of a symmetric triangle...

Also, about 10 days ago, I had marked up the LABU daily chart with a new XXX entry signal near $38 (for those who acted quickly on the signal, otherwise, it is conceivable someone might have entered at $39 or $40 too) , and I believe I had posted that on the Forum....I can't recall for sure, so I might try and look that up....but no matter where someone entered right after that early XXX entry signal, they would be well ahead by now...current price is up over $48.

But here is that chart, which I have not marked up since, but you can see the progress that LABU has made since I last marked up the chart in a positive fashion...

LABU daily chart

[image]   
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
MANY OF THE CHINESE TECH STOCKS HAVE BEEN ON A TEAR LATELY, ESPECIALLY SINCE TRUMP BACKED OFF THE POSSIBILITY OF A TWO CHINA SYSTEM WITH TAIWAN...

This might be leaving some traders to think Trump won't impose a 40% import tax on Chinese goods into our country?

Here's MOMO, an IBD 50 stock that had gotten the XXX entry signal from me about two weeks ago as this chart shows....I have not marked up this chart either since the XXX signal was annotated on it....again, just like with the last post, you can see the positive progress that MOMO has made...

MOMO daily chart

[image]   
ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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acestocksplayer
Here's another Chinese stock....NTES...

It got the XXX entry signal at between $230 and $235 in the second week of January...now it's at $261.85 and looks to me like it is working on a handle after the cup base...

I have not looked up this stock in IBD  ( at http://www.investors.com/ 
), so I think I will do that to see if they agree with my assessment....in IBD's way of thinking, if they agree on the cup, then the breakout would be at the top of the handle (at $266.25, or 10 cents past the handle high, and not the left side of the base which is a higher level of $270.76 and a breakout pivot line 10 cents above that point...

However, I think many traders who have not been trained using the IBD methods will focus more on the left side of the base high (again, that's the $270.76 level) rather than the high point of the handle....

So, my thinking is that both breakout pivot levels need to be respected...  

But here's an interesting point, and that is, no matter how you look at it, the XXX entry signal came well before the cup-n-handle base, so a trader following XXX has already made good money while a trader following the IBD breakout methods has yet to enter the trade! Think about that one, people....! [rofl] 


NTES Daily Chart

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ALL OPINIONS, IDEAS AND DISCUSSIONS ARE BY ANONYMOUS PEOPLE. NEVER ACCEPT ANY COMMENTARY ON THIS FORUM OR WEBSITE AS INVESTMENT ADVICE. ALWAYS CONSULT A LICENSED BROKER OR REGISTERED INVESTMENT ADVISOR. WE ARE NOT RESPONSIBLE FOR YOUR ACTIONS.   

Enjoy the forum! Thanks, Mike
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