TNA was a Hold yesterday, and rose today, remaining a Hold. The TNA buy was at $56.50. TNA closed at $66.06, up 16.9% since the buy. The candlestick today was a White Candlestick (normal buying pressure).
TZA was a Wait yesterday, fell today, and remains a Wait. The candlestick for today was a Black Spinning Top (complete indecision between bulls & bears). The TZA sell price was $6.51. TZA closed today at $5.83, down 10.4% since the sell.
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
For that matter, recent TNA Buy signals (until this 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, up 16.9%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +13 Hold: IWM(1x, up 5.8%), UWM(2x, up 12.2%), TNA(3x, up 16.9%), IYR(1x RE, up 0.6%), URE(2x RE, up 1.0%), DRN(3x RE, up 7.2%), AAPL(up 2.7%), SPY(up 1.9%), QQQQ(up 3.6%), DIA(up 2.3%), UCO (2x oil), ERX(3x energy) New Confirmed BUY: AMZN
Transition to Market Positive: none
Transition to Market Negative: +1 Not Very Highly Reliable SELL-IF: USO (oil) Highly Reliable SELL-IF: GS Not Very Reliable SELL-IF: GOOG
Market Negative: none
Comment: Bullish overall, Bullish Oil, Bullish $RUT, Bullish Real Estate Action for TNA or TZA for tomorrow: None
TNA opened down 0.06%. Today’s gap was filled. TNA was up 1.6% at the high, and closed up 0.9%.
Recent unfilled gaps: $55.95 to $56.03, $61.45 to $62.30
The Full Moon trade ended yesterday, with TNA up 15.8% in 11 days.
We are now in a New Moon Trade, which tends to favor TZA. AmericanBulls has TZA with a Hold signal, so this trade will be in cash until TZA receives a buy signal.
Volume for TZA today was about average for the past 20 days.
$RVX (VIX for $RUT) was up 3.2% today with TZA down 1.2%. A divergence. Good for TZA.
TZA has had black candles for the past 6 days, falling hard lately. Bad for TZA.
The low for TZA today was $5.80, the lowest TZA price since American was discovered by the Chinese (1421, for those not familiar).
Ultimate Oscillator for TZA fell for the 9th day, from 25 to 23 today. A reading of 23 is very near 20, which some will allow is a reasonable low point. Good for TZA soon, perhaps not tomorrow.
MACD on the monthly chart has been flat far below zero for days, and is now falling from there. Bad for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Today’s white candle closed above the bottom Bollinger band. MACD seems to have topped and is coming down. Looks like $RVX might fall tomorrow. Bad for TZA.
Bollinger Bands for $RUT: Today’s white candle for $RUT closed above the top Bollinger Band for the 2nd day. Two prior closes above the top Bollinger Band higher led to a higher $RUT. MACD is working back up. Bad for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): today’s doji candle closed below the upper Bollinger Band after closing above that Bnad yesterday. The upper Bollinger Band is rising. This could be the second day of a 3-day sell signal. Good for TZA, for the time being.
TZA had a much lower high, lower low and lower close – Good for TZA.
Money flow for the Total Stock Market was $1,382 million flowing out of the market. Bearish – Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Futures as I type this are down 10 on /NQ and down 6 on /ES,
Overall, it looks bad for TZA. (But looking good based on those falling futures)
CSX,JPM,GOOG,AMD,ISRG not doing to well after EPS.
BAC wait and see…
am I excited to short like I did in January? not yet. why? because I'm scared…lol
buy I shorted LVS,ATPG,HIG yesterday and today for a swing, doing well,…. and X but covered…
tomorrow I'll be watching GOOG, watching a gap fill attempt, if it fails and the talking heads can't spin this I'll enter more shorts. Come bullish Monday, if lame I'll enter the rest.
It's tough for anyone to make money in this market, so I'm glad you figured out how to do it successfully. That's your special gift… playing earnings on stocks I mean.
At the 50% retrace level (which got hit in Early December) they got everyone short, made a fake move down to 1058-ish (?) and then squeezed everyone to new highs. It would not surprise me to see a repeat of that play before a real correction.
Hi there!! HAD THREE yes three huge options earnings winners in the optionsblackboard.com chat room Google, ISRG, and AMD I will post videos on all of them this weekend swwwwwwwwwwwweeeeeeet!!
TNA was a Hold yesterday, and rose today, remaining a Hold. The TNA buy was at $56.50. TNA closed at $66.06, up 16.9% since the buy. The candlestick today was a White Candlestick (normal buying pressure).
TZA was a Wait yesterday, fell today, and remains a Wait. The candlestick for today was a Black Spinning Top (complete indecision between bulls & bears). The TZA sell price was $6.51. TZA closed today at $5.83, down 10.4% since the sell.
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
For that matter, recent TNA Buy signals (until this 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, up 16.9%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +13 Hold: IWM(1x, up 5.8%), UWM(2x, up 12.2%), TNA(3x, up 16.9%), IYR(1x RE, up 0.6%), URE(2x RE, up 1.0%), DRN(3x RE, up 7.2%), AAPL(up 2.7%), SPY(up 1.9%), QQQQ(up 3.6%), DIA(up 2.3%), UCO (2x oil), ERX(3x energy) New Confirmed BUY: AMZN
Transition to Market Positive: none
Transition to Market Negative: +1 Not Very Highly Reliable SELL-IF: USO (oil) Highly Reliable SELL-IF: GS Not Very Reliable SELL-IF: GOOG
Market Negative: none
Comment: Bullish overall, Bullish Oil, Bullish $RUT, Bullish Real Estate Action for TNA or TZA for tomorrow: None
I think the whole story on the guy who bulldozed his house, is that he built the entire house himself, and that he wanted to give the bank back exact how he got it… an empty lot!
The Daily view from Americanbulls
TNA was a Hold yesterday, and rose today, remaining a Hold. The TNA buy was at $56.50. TNA closed at $66.06, up 16.9% since the buy. The candlestick today was a White Candlestick (normal buying pressure).
TZA was a Wait yesterday, fell today, and remains a Wait. The candlestick for today was a Black Spinning Top (complete indecision between bulls & bears). The TZA sell price was $6.51. TZA closed today at $5.83, down 10.4% since the sell.
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
For that matter, recent TNA Buy signals (until this 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, up 16.9%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +13
Hold: IWM(1x, up 5.8%), UWM(2x, up 12.2%), TNA(3x, up 16.9%), IYR(1x RE, up 0.6%), URE(2x RE, up 1.0%), DRN(3x RE, up 7.2%), AAPL(up 2.7%), SPY(up 1.9%), QQQQ(up 3.6%), DIA(up 2.3%), UCO (2x oil), ERX(3x energy)
New Confirmed BUY: AMZN
Transition to Market Positive: none
Transition to Market Negative: +1
Not Very Highly Reliable SELL-IF: USO (oil)
Highly Reliable SELL-IF: GS
Not Very Reliable SELL-IF: GOOG
Market Negative: none
Comment: Bullish overall, Bullish Oil, Bullish $RUT, Bullish Real Estate
Action for TNA or TZA for tomorrow: None
TNA opened down 0.06%. Today’s gap was filled. TNA was up 1.6% at the high, and closed up 0.9%.
Recent unfilled gaps: $55.95 to $56.03, $61.45 to $62.30
The Full Moon trade ended yesterday, with TNA up 15.8% in 11 days.
We are now in a New Moon Trade, which tends to favor TZA.
AmericanBulls has TZA with a Hold signal, so this trade will be in cash until TZA receives a buy signal.
Volume for TZA today was about average for the past 20 days.
$RVX (VIX for $RUT) was up 3.2% today with TZA down 1.2%. A divergence. Good for TZA.
TZA has had black candles for the past 6 days, falling hard lately. Bad for TZA.
The low for TZA today was $5.80, the lowest TZA price since American was discovered by the Chinese (1421, for those not familiar).
Ultimate Oscillator for TZA fell for the 9th day, from 25 to 23 today. A reading of 23 is very near 20, which some will allow is a reasonable low point. Good for TZA soon, perhaps not tomorrow.
MACD on the monthly chart has been flat far below zero for days, and is now falling from there. Bad for TZA.
Bollinger Bands for $RVX (VIX for $RUT): Today’s white candle closed above the bottom Bollinger band. MACD seems to have topped and is coming down. Looks like $RVX might fall tomorrow. Bad for TZA.
Bollinger Bands for $RUT: Today’s white candle for $RUT closed above the top Bollinger Band for the 2nd day. Two prior closes above the top Bollinger Band higher led to a higher $RUT. MACD is working back up. Bad for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): today’s doji candle closed below the upper Bollinger Band after closing above that Bnad yesterday. The upper Bollinger Band is rising. This could be the second day of a 3-day sell signal. Good for TZA, for the time being.
TZA had a much lower high, lower low and lower close – Good for TZA.
Money flow for the Total Stock Market was $1,382 million flowing out of the market. Bearish – Good for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Futures as I type this are down 10 on /NQ and down 6 on /ES,
Overall, it looks bad for TZA. (But looking good based on those falling futures)
I have a feeling we will retrace to 1170 there about and then resume the up trend to new highs. I don't think it will be “sell in may and go away”.
deja vous?
CSX,JPM,GOOG,AMD,ISRG not doing to well after EPS.
BAC wait and see…
am I excited to short like I did in January? not yet. why? because I'm scared…lol
buy I shorted LVS,ATPG,HIG yesterday and today for a swing, doing well,…. and X but covered…
tomorrow I'll be watching GOOG, watching a gap fill attempt, if it fails and the talking heads can't spin this I'll enter more shorts. Come bullish Monday, if lame I'll enter the rest.
if I don't do well I'll blame it on Easter.
Congratulations Anna…
It's tough for anyone to make money in this market, so I'm glad you figured out how to do it successfully. That's your special gift… playing earnings on stocks I mean.
Keep up the good work girl.
At the 50% retrace level (which got hit in Early December) they got everyone short, made a fake move down to 1058-ish (?) and then squeezed everyone to new highs. It would not surprise me to see a repeat of that play before a real correction.
Hi there!!
HAD THREE yes three huge options earnings winners in the optionsblackboard.com chat room Google, ISRG, and AMD
I will post videos on all of them this weekend
swwwwwwwwwwwweeeeeeet!!
keep an eye on DAG,last thing they haven't ran up yet
Next you will hear the Iceland Voc. will hurt growing season
The Daily view from Americanbulls
TNA was a Hold yesterday, and rose today, remaining a Hold. The TNA buy was at $56.50. TNA closed at $66.06, up 16.9% since the buy. The candlestick today was a White Candlestick (normal buying pressure).
TZA was a Wait yesterday, fell today, and remains a Wait. The candlestick for today was a Black Spinning Top (complete indecision between bulls & bears). The TZA sell price was $6.51. TZA closed today at $5.83, down 10.4% since the sell.
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
For that matter, recent TNA Buy signals (until this 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, up 16.9%
Summary of Positive $RUT based ETFs & a few popular ETFs & stocks (Market positive): +13
Hold: IWM(1x, up 5.8%), UWM(2x, up 12.2%), TNA(3x, up 16.9%), IYR(1x RE, up 0.6%), URE(2x RE, up 1.0%), DRN(3x RE, up 7.2%), AAPL(up 2.7%), SPY(up 1.9%), QQQQ(up 3.6%), DIA(up 2.3%), UCO (2x oil), ERX(3x energy)
New Confirmed BUY: AMZN
Transition to Market Positive: none
Transition to Market Negative: +1
Not Very Highly Reliable SELL-IF: USO (oil)
Highly Reliable SELL-IF: GS
Not Very Reliable SELL-IF: GOOG
Market Negative: none
Comment: Bullish overall, Bullish Oil, Bullish $RUT, Bullish Real Estate
Action for TNA or TZA for tomorrow: None
I think the whole story on the guy who bulldozed his house, is that he built the entire house himself, and that he wanted to give the bank back exact how he got it… an empty lot!
He get my vote…