TZA opened down 1.8%. TZA was up 1.2% at the high, and closed down 0.5%.
We are now in a New Moon Trade, which tends to favor TZA. AmericanBulls had TZA with a Hold signal for today. TZA bought yesterday at $5.54. TZA closed at $5.82, so this trade is now up 5.0%
Volume for TZA today was average.
$RVX (VIX for $RUT) closed up yesterday 16.5%, and closed down 0.8% today with TZA down 0.5%. No divergence. Good for TZA.
TZA was down four days then up two, and now down today. Bad for TZA.
The low for TZA was from two days ago at $5.30. Today’s low was $5.70, 7.5% higher. Good for TZA.
Today, Ultimate Oscillator rose from 36 to 37 which TZA closed down 0.5%, a mild divergence. Good for TZA.
MACD on the monthly chart had been a flat line at -0.50 for 10 days. Now is moving up. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday’s very very long white candle closed far and away above the upper Bollinger band. Today’s smaller candle was entirely above the upper Bollinger Band. MACD is aggressively rising. $RVX seems hard to read here. Neutral for TZA.
Bollinger Bands for $RUT: Today’s doji candle stayed near yesterday’s close, again far and away from the upper Bollinger Band, and looks like the beginning of a trend down. MACD rolled over (down) today. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s black candle was entirely below the bottom Bollinger band (This last happened Jan 22nd, and at that time $RUT fell (generally) for 9 days). Today’s tiny candle closed right at the bottom Bollinger Band. Good for TZA.
TZA had a higher high, much higher low and lower close – Good for TZA.
Money flow for the Total Stock Market: $ 17 million flowing into the market 2 days ago. $ 685 million flowing out of the market yesterday on a big down day. $ 1,404 million flowing out of the market today on a down day. Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Any late night owls out there? If so, here's a funny joke for you all too laugh at…
The Riddle
Barack Obama met with the Queen of England. He asked her, “Your Majesty, how do you run such an efficient government? Are there any tips you can give to me?”
“Well,” said the Queen, “the most important thing is to surround yourself with intelligent people.”
Obama frowned, and then asked, “But how do I know the people around me are really intelligent?”
The Queen took a sip of tea. “Oh, that's easy; you just ask them to answer an intelligent riddle.” The Queen pushed a button on her intercom. “Please send Tony Blair in here, would you?”
Tony Blair walked into the room and said, “Yes, my Queen?”
The Queen smiled and said, “Answer me this please, Tony. Your mother and father have a child. It is not your brother and it is not your sister. Who is it?”
Without pausing for a moment, Tony Blair answered, “That would be me.”
“Yes! Very good,” said the Queen.
Obama went back home to ask Joe Biden, his vice president, the same question. “Joe, answer this for me. Your mother and your father have a child. It's not your brother and it's not your sister. Who is it?”
“I'm not sure,” said Biden. “Let me get back to you on that one…” He went to his advisers and asked every one, but none could give him an answer. Finally, he ended up in the men's room and recognized Colin Powell's shoes in the next stall.
Biden asked Powell, “Colin, can you answer this for me? Your mother and father have a child and it's not your brother or your sister. Who is it?”
Colin Powell yelled back, “That's easy, it's me!”
Biden smiled, and said, “Thanks!” Then, he went back to speak with Obama. “Say, I did some research and I have the answer to that riddle. It is Colin Powell!”
Obama got up, stomped over to Biden, and angrily yelled into his face, “No! You idiot! It's Tony Blair!”
AND THAT MY FRIENDS IS WHAT'S WRONG WITH OUR GOVERNMENT.
TNA had a Wait signal, was up a bit today, and has a Wait for tomorrow. The TNA sell was at $69.05 (AB price), and the close today was at $65.45, down 5.2% since the sell.
TZA had a Hold signal, was down a bit today, and has a Hold for tomorrow. The TZA buy price was $5.54. TZA closed today at $5.81, up 4.8% since the buy.
Three recent TZA Buy signals have failed and may perhaps serve as a warning: Buy at $7.33, sell at $7.14 Buy at $7.11, sell at $7.05 Buy at $7.04, sell at $6.51 Buy at $5.54, up 4.8%
For that matter, recent TNA Buy signals (until the last one) have also been uninspiring: Buy at $55.36, sell at $55.43 Buy at $55.69, sell at $55.63 Buy at $56.50, sell at $69.10, up 22.3%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +1 Hold: GLD(gold, up 2.2%), EWU(England, down 5.3%), SLV(silver, up 4.7%),
Transition to Market Positive: -5 Possible buy: GOOG, QQQQ, DIA, SPY, USO(oil),
Transition to Market Negative: +1 Possible sell: UCO (2x oil),
TZA opened down 1.8%. TZA was up 1.2% at the high, and closed down 0.5%.
We are now in a New Moon Trade, which tends to favor TZA. AmericanBulls had TZA with a Hold signal for today. TZA bought yesterday at $5.54. TZA closed at $5.82, so this trade is now up 5.0%
Volume for TZA today was average.
$RVX (VIX for $RUT) closed up yesterday 16.5%, and closed down 0.8% today with TZA down 0.5%. No divergence. Good for TZA.
TZA was down four days then up two, and now down today. Bad for TZA.
The low for TZA was from two days ago at $5.30. Today’s low was $5.70, 7.5% higher. Good for TZA.
Today, Ultimate Oscillator rose from 36 to 37 which TZA closed down 0.5%, a mild divergence. Good for TZA.
MACD on the monthly chart had been a flat line at -0.50 for 10 days. Now is moving up. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday’s very very long white candle closed far and away above the upper Bollinger band. Today’s smaller candle was entirely above the upper Bollinger Band. MACD is aggressively rising. $RVX seems hard to read here. Neutral for TZA.
Bollinger Bands for $RUT: Today’s doji candle stayed near yesterday’s close, again far and away from the upper Bollinger Band, and looks like the beginning of a trend down. MACD rolled over (down) today. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s black candle was entirely below the bottom Bollinger band (This last happened Jan 22nd, and at that time $RUT fell (generally) for 9 days). Today’s tiny candle closed right at the bottom Bollinger Band. Good for TZA.
TZA had a higher high, much higher low and lower close – Good for TZA.
Money flow for the Total Stock Market: $ 17 million flowing into the market 2 days ago. $ 685 million flowing out of the market yesterday on a big down day. $ 1,404 million flowing out of the market today on a down day. Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Thanks Earl, it is quiet here today.
TZA opened down 1.8%. TZA was up 1.2% at the high, and closed down 0.5%.
We are now in a New Moon Trade, which tends to favor TZA.
AmericanBulls had TZA with a Hold signal for today. TZA bought yesterday at $5.54. TZA closed at $5.82, so this trade is now up 5.0%
Volume for TZA today was average.
$RVX (VIX for $RUT) closed up yesterday 16.5%, and closed down 0.8% today with TZA down 0.5%. No divergence. Good for TZA.
TZA was down four days then up two, and now down today. Bad for TZA.
The low for TZA was from two days ago at $5.30. Today’s low was $5.70, 7.5% higher. Good for TZA.
Today, Ultimate Oscillator rose from 36 to 37 which TZA closed down 0.5%, a mild divergence. Good for TZA.
MACD on the monthly chart had been a flat line at -0.50 for 10 days. Now is moving up. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday’s very very long white candle closed far and away above the upper Bollinger band. Today’s smaller candle was entirely above the upper Bollinger Band. MACD is aggressively rising. $RVX seems hard to read here. Neutral for TZA.
Bollinger Bands for $RUT: Today’s doji candle stayed near yesterday’s close, again far and away from the upper Bollinger Band, and looks like the beginning of a trend down. MACD rolled over (down) today. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s black candle was entirely below the bottom Bollinger band (This last happened Jan 22nd, and at that time $RUT fell (generally) for 9 days). Today’s tiny candle closed right at the bottom Bollinger Band. Good for TZA.
TZA had a higher high, much higher low and lower close – Good for TZA.
Money flow for the Total Stock Market:
$ 17 million flowing into the market 2 days ago.
$ 685 million flowing out of the market yesterday on a big down day.
$ 1,404 million flowing out of the market today on a down day.
Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks good for TZA.
Any late night owls out there? If so, here's a funny joke for you all too laugh at…
The Riddle
Barack Obama met with the Queen of England. He asked her, “Your Majesty, how do you run such an efficient government? Are there any tips you can give to me?”
“Well,” said the Queen, “the most important thing is to surround yourself with intelligent people.”
Obama frowned, and then asked, “But how do I know the people around me are really intelligent?”
The Queen took a sip of tea. “Oh, that's easy; you just ask them to answer an intelligent riddle.” The Queen pushed a button on her intercom. “Please send Tony Blair in here, would you?”
Tony Blair walked into the room and said, “Yes, my Queen?”
The Queen smiled and said, “Answer me this please, Tony. Your mother and father have a child. It is not your brother and it is not your sister. Who is it?”
Without pausing for a moment, Tony Blair answered, “That would be me.”
“Yes! Very good,” said the Queen.
Obama went back home to ask Joe Biden, his vice president, the same question. “Joe, answer this for me. Your mother and your father have a child. It's not your brother and it's not your sister. Who is it?”
“I'm not sure,” said Biden. “Let me get back to you on that one…” He went to his advisers and asked every one, but none could give him an answer. Finally, he ended up in the men's room and recognized Colin Powell's shoes in the next stall.
Biden asked Powell, “Colin, can you answer this for me? Your mother and father have a child and it's not your brother or your sister. Who is it?”
Colin Powell yelled back, “That's easy, it's me!”
Biden smiled, and said, “Thanks!” Then, he went back to speak with Obama. “Say, I did some research and I have the answer to that riddle. It is Colin Powell!”
Obama got up, stomped over to Biden, and angrily yelled into his face, “No! You idiot! It's Tony Blair!”
AND THAT MY FRIENDS IS WHAT'S WRONG WITH OUR GOVERNMENT.
It's quiet everywhere Al… Must be the calm before the storm.
Nice post. Thanks.
The Daily view from Americanbulls
TNA had a Wait signal, was up a bit today, and has a Wait for tomorrow. The TNA sell was at $69.05 (AB price), and the close today was at $65.45, down 5.2% since the sell.
TZA had a Hold signal, was down a bit today, and has a Hold for tomorrow. The TZA buy price was $5.54. TZA closed today at $5.81, up 4.8% since the buy.
Three recent TZA Buy signals have failed and may perhaps serve as a warning:
Buy at $7.33, sell at $7.14
Buy at $7.11, sell at $7.05
Buy at $7.04, sell at $6.51
Buy at $5.54, up 4.8%
For that matter, recent TNA Buy signals (until the last one) have also been uninspiring:
Buy at $55.36, sell at $55.43
Buy at $55.69, sell at $55.63
Buy at $56.50, sell at $69.10, up 22.3%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +1
Hold: GLD(gold, up 2.2%), EWU(England, down 5.3%), SLV(silver, up 4.7%),
Transition to Market Positive: -5
Possible buy: GOOG, QQQQ, DIA, SPY, USO(oil),
Transition to Market Negative: +1
Possible sell: UCO (2x oil),
Market Negative: -13
Wait: TNA(3x), UWM(2x), ERX(3x energy), EWX(emerging mkts), IWM(1x), AAPL, EWQ(France), EWG(Germany), IYR(1x RE), URE(2x RE), DRN(3x RE), AMZN, GS
Comment: Very Bearish overall, Neutral Oil, Bearish $RUT, Bearish Real Estate
Action for TNA or TZA for tomorrow: none
Thanks Earl, it is quiet here today.
TZA opened down 1.8%. TZA was up 1.2% at the high, and closed down 0.5%.
We are now in a New Moon Trade, which tends to favor TZA.
AmericanBulls had TZA with a Hold signal for today. TZA bought yesterday at $5.54. TZA closed at $5.82, so this trade is now up 5.0%
Volume for TZA today was average.
$RVX (VIX for $RUT) closed up yesterday 16.5%, and closed down 0.8% today with TZA down 0.5%. No divergence. Good for TZA.
TZA was down four days then up two, and now down today. Bad for TZA.
The low for TZA was from two days ago at $5.30. Today’s low was $5.70, 7.5% higher. Good for TZA.
Today, Ultimate Oscillator rose from 36 to 37 which TZA closed down 0.5%, a mild divergence. Good for TZA.
MACD on the monthly chart had been a flat line at -0.50 for 10 days. Now is moving up. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Yesterday’s very very long white candle closed far and away above the upper Bollinger band. Today’s smaller candle was entirely above the upper Bollinger Band. MACD is aggressively rising. $RVX seems hard to read here. Neutral for TZA.
Bollinger Bands for $RUT: Today’s doji candle stayed near yesterday’s close, again far and away from the upper Bollinger Band, and looks like the beginning of a trend down. MACD rolled over (down) today. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): yesterday’s black candle was entirely below the bottom Bollinger band (This last happened Jan 22nd, and at that time $RUT fell (generally) for 9 days). Today’s tiny candle closed right at the bottom Bollinger Band. Good for TZA.
TZA had a higher high, much higher low and lower close – Good for TZA.
Money flow for the Total Stock Market:
$ 17 million flowing into the market 2 days ago.
$ 685 million flowing out of the market yesterday on a big down day.
$ 1,404 million flowing out of the market today on a down day.
Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks good for TZA.
What fake print? The last one I seen was about a month ago. I haven't seen one since then.
Red check this out. Did this hit your fake print?
http://futures.tradingcharts.com/intraday/ES/60