selling
I am doing some selling in the portfolio today…basically, the few stocks that
had exhaustion gaps yesterday…taking half off the table there.
Now is a good time and take a look at your portfolio to see those stocks that
have reached an exhaustion level or even ones that are closing below 50dma on
strong vol. Time […]
ZZZZZZ
Market is taking a snooze right now. HILO running near 7 to 1 ratio…on the
Naz Adv/Dec is flat. Commodities are flat. There is a nice spike in Consumer
Confidence…But overall, its flat and much of this is expected. We’ll see how
the Market will react when the Fed minutes are released.
New High/Low Story Remains the Same
New Highs outpaced new lows by a near 4 to 1 margin again today. Market was flat, FOMC meeting tomorrow may have people standing on the sidelines at the moment. I am just amazed at how this market is reacting to the negativity!!! Its stupendous! CNBC does such a horrible job […]
Quantifying Market Negativity
I am going to embark on a special journey! Quantifying negativity in the market!!!
How? No idea yet, but the thought just came to me while watching Sports Center. It will be based on the divergence of % return of the overall market to the amount of negativity. Further the divergence, the […]
Nearing or at Highs
You know, listening to MSM you’d think that the economy is in the tank. Russell 2k at all time highs, Dow nearing a 5 year high…blah/blah…and the sky is falling? It goes to show you that you should believe half of what you see and none of what you hear. They are […]
Follow through…
Stocks rallied across the board, Fed’s beige book got things rolling. NASDAQ/Russell 2k lead the markets. HI/LO was at an amazing 6 to 1 clip, adv/dec was a shade under 2 to 1. NASDAQ had 2.1+ billion shares traded by the session’s end. Great day for stocks, still I’d love to […]
Fat Tuesday for the Naz?
Cha ching, the bulls got aggressive today. NASDAQ leading the way, ADV 1954/DCL 1082 on the Naz. Near 2 to 1 ratio, which is something you want to see in a bull charge. The NASDAQ cleared its 50 day on excellent volume near 2 billion shares. Although, I would’ve loved to […]
Performance…
No market commentary tonight…
Performance numbers:
Top 30: .74%
Buy list: 4.27%
New Buys triggered: NETL - down 4.4% / FTO - up 4.4% / FRGB - down .53% / RUSHA - up 1.28% / CYBS - down .45% / CTRP - up 4.83% / IKAN - up 9.12%
Big Winners since purchase: HOM - up 11.94% / […]


