For you night owls out there, feel free to drop me any market/trading-related topics you would like me to cover in a weekend video.
In addition, anything else about the current market, and especially the big FOMC day we have coming up, feel free to drop below.
Speak your mind, night owls.
https://www.youtube.com/watch?v=Ur8rBhREsAU
Comments »
The Ebola play, TKMR, is a long idea ons strength going forward, especially over $20.65.
On the daily chart, note the tightening triangle pattern after the initial spike last month.
Perhaps ebola is about to become a worse problem than we thought?
Drop me your top tickers overnight.
_________________________________________________________
If you enjoy my blog posts and videos, then I would encourage you to please click on this 12631 hyperlink for more details about joining our great team of traders at a very reasonable price. 12631 is a trading service which @RaginCajun and I direct here at iBankCoin.
Enjoy tonight’s video, and enjoy your evening.
Comments »
Legs, not only meaning the bounce in stocks, but also the sell-off in bonds.
I still have a nice TBT position on, but elected to take off my TMV position just now inside 12631.
Stay tuned for my video market recap after the bell.
Here was my note to members:
Comments »Sold final piece of $TMV Long @ $46.48 from $43.86 core entry and $44.84 add to lock in the rest of the win in this triple bearish bond ETF. Still have $TBT position on which is a double bearish bond ETF before FOMC tomorrow.3:05:08 pm EST on September 16th 2014
I reduced some exposure in my portfolio this morning, but am still short bonds and have a blend of some equity shorts and a long on now.
I am stalking the small cap ETF chart, again, on the zoomed-out 30-minute timeframe. I have not directly shorted them in a while, but a failed bounce up to $115-$115.50 would pique my interest. The chart remains corrective and should give you perspective that today’s bounce is nothing too bullish, yet.
Also, I am stalking natural gas and crude for longs with today’s impressive action.
Drop me your top afternoon ideas.
_________________________________________________________
Courtesy of The PPT algorithm, here are the most current top five readings from my “12631 RELATIVE STRENGTH” custom-made screen, identifying which stocks are exuding some of the best performances to the market at-large at any given moment.
I look for stocks whose Daily PPT Hybrid Score surges, while the Weekly Hybrid has been negative over the past week. This can often yield stocks which are emerging from consolidations.
Members can click here to view and save the screen.
Sorted for at least 500,000 shares of daily average volume to ensure liquidity.
Please click on image to enlarge.
________________________________________________________________
