Hi Red, hope you're having a great weekend. Look up I picked up today at the Beer store, it's a local brewery you probably can't away with this in the US.
TNA was a Hold today, and after being down 5.8% today, is a likely sell for tomorrow. The particular candlestick formation – Bearish Three Inside Down Formation – is considered highly reliable. The buy price was $55.69 & the close today was $56.62, up 1.6% since the buy.
TZA was a Wait today, and after being up 5.7% today, is a likely buy for tomorrow. The particular candlestick formation – Bullish Three Inside Up Formation – is considered highly reliable.
Of the stocks & ETFs I follow, these are to hold on to: UUP(US Dollar) SCO (-2x Oil) DTO (-3x oil) ERY (-3x energy) FAZ (-3x Financials) EPV (-2x Europe) SPXU (-3x $SPX) QID (-2x QQQQ) DXD (-2x DOW30) DZZ (-2x Gold)
The list to avoid: IYR(1x RE) URE(2x RE) DRN(3x RE) GLD (gold) UGL (2x Gold) SLV(silver) USO(oil) UCO(2x Oil) ERX(3x energy) AAPL AMZN DRI GOOG EWG(Germany) EWQ(France) EWU(England) EWX(emerging mkts)
The following are possible buys tomorrow: GS RWM (-1x $RUT) TWM (-2x $RUT) TZA (-3x $RUT) SRS (-2x RE) DRV (-3x RE)
The following are possible sells tomorrow : IWM (1x $RUT) UWM (2x $RUT) TNA (3x $RUT) DIA SPY QQQQ QLD (2x QQQQ)
Today saw a marked shift to Bearish. Action for TNA or TZA for tomorrow: Possible buy of TZA, Possible sell of TNA
Hi Red, hope you're having a great weekend. Look up I picked up today at the Beer store, it's a local brewery you probably can't away with this in the US.
http://www.optionsblackboard.com/obb-live/my-ph…
http://screencast.com/t/NGY5ZmIzMjQ
Check out
http://online.wsj.com/mdc/public/page/2_3022-mf…
The weekly money flow was modest this week. I don't know how accurate this is.
The Daily view from Americanbulls
TNA was a Hold today, and after being down 5.8% today, is a likely sell for tomorrow. The particular candlestick formation – Bearish Three Inside Down Formation – is considered highly reliable. The buy price was $55.69 & the close today was $56.62, up 1.6% since the buy.
TZA was a Wait today, and after being up 5.7% today, is a likely buy for tomorrow. The particular candlestick formation – Bullish Three Inside Up Formation – is considered highly reliable.
Of the stocks & ETFs I follow, these are to hold on to:
UUP(US Dollar)
SCO (-2x Oil)
DTO (-3x oil)
ERY (-3x energy)
FAZ (-3x Financials)
EPV (-2x Europe)
SPXU (-3x $SPX)
QID (-2x QQQQ)
DXD (-2x DOW30)
DZZ (-2x Gold)
The list to avoid:
IYR(1x RE)
URE(2x RE)
DRN(3x RE)
GLD (gold)
UGL (2x Gold)
SLV(silver)
USO(oil)
UCO(2x Oil)
ERX(3x energy)
AAPL
AMZN
DRI
GOOG
EWG(Germany)
EWQ(France)
EWU(England)
EWX(emerging mkts)
The following are possible buys tomorrow:
GS
RWM (-1x $RUT)
TWM (-2x $RUT)
TZA (-3x $RUT)
SRS (-2x RE)
DRV (-3x RE)
The following are possible sells tomorrow :
IWM (1x $RUT)
UWM (2x $RUT)
TNA (3x $RUT)
DIA
SPY
QQQQ
QLD (2x QQQQ)
Today saw a marked shift to Bearish.
Action for TNA or TZA for tomorrow: Possible buy of TZA, Possible sell of TNA
Since March of 2009, green days in the market are low volume ramps, down days in the market are high volume sells.
The last two days are low volume sells, the three before that are high volume buys.
Therefore, I am concluding that institutions are accumulating.
Last 5 days for IWM:
Up day, vol 89M
Up day, vol 86M
Up day, vol 80M
Down day, 68M
Down day, 70M
I don't make anything of it.
Either's OK with me. Probably Rip will cause less confusion, and I'm settling into it. 🙂
Take a look at the volume the last 5 days in IWM — I'm curious what your interpretation is.
You're welcome Rip…err Pete. LOL (I like calling you Rip though…)
Red, thanks for the avatar picture! It's perfect!