Global Dow Close-up
Through the 200 DMA
S&P 500 % of stocks above 200 DMA
Breadth: Two year low
BTFD
No sign of forced selling
TRIN
Closed at .73 on Friday: 1 is neutral, 3 is a sign of distress, 5 is an extreme
20 DMA (on a 20 day basis TRIN is never as a high as daily extremes indicated above)
The Nazz w/Percent of stocks above 200 DMA
No sign of forced selling
TRIN
Closed at .73 on Friday: 1 is neutral, 3 is a sign of distress, 5 is an extreme
20 DMA (on a 20 day basis TRIN is never as a high as daily extremes indicated above)
The Nazz w/Percent of stocks above 200 DMA
IPO ETF: Wall Street's last pump and dump is ending
"What, me worry?"
Index Put/Call (50 DMA)
Wall Street's Hedging Vehicle
Careful what you wish for - a market that goes up forever, can't be hedged.
Russell 200 Small Cap: At a critical juncture
Small bounce on Friday back above neck line:
Small bounce on Friday back above neck line:
Argentinian stocks
Dropped 17% in 2 days and then bounced:
Canadian Pacific Railway new all time high
Gained 5% on Friday and then gave 2/3rds of it back
"Shooting Star" - bearish reversal
Energy stocks got smoked (yes, including Exxon):
Dropped 17% in 2 days and then bounced:
Canadian Pacific Railway new all time high
Gained 5% on Friday and then gave 2/3rds of it back
"Shooting Star" - bearish reversal
Energy stocks got smoked (yes, including Exxon):
Forever is not as long as it used to be
Brent Crude
- T. Boone Pickens, Aug. 19, 2014
BTFD
