This is truly the most impossible set-up of the year.
I pay very close attention to investor sentiment. Through blog comments, traffic, posts, emails, memberships, behaviors, etc. Up to this point, I’ve yet to see a move that converted more individuals to navigate towards changing their opinions on the market this year. Not to mention, all the way down here at these lows.
This has been a pretty difficult year overall. One that if you didn’t have a bias or a plan, you could blow up in the midst of all this.
The confidence levels in bears is at highs for the year. They see a little light at the end of the tunnel. If you are now bearish on stocks, XLU leading the upside here and the speed of this market are now a concern.
The outside day in the indicies means this has legs for a few days. It is imperative you focus on how participants position here to determine the next move.
OA
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Didn’t XLU lead the way in 2013 though?
large cap biotech wins again.
bot TRN Oct 40s
Short strangle EXEL $1.50 strike. Continues to be great money maker as the specialist keeps it pinned. Long iron condor for less risk. Like taking money from a sleeping baby. Enjoy.
Tired of u
And we are tired of you. Once a geek, always a geek. No such thing as “former”. Get back to your room and play video games in the dark, nerd.
Oooh you sure told me lol
The fuckery has just reached epic proportions. I was out yesterday came back to find my long term holdings down below stops and i felt powerless and beaten. Too many to even deal with to start selling. Today all healed. These moves are too fast for me to participate with my limited time
I’m hopping on the Boogaloo train over to After Hours. See everybody there… https://www.youtube.com/watch?v=qkc8YduPnOM#t=69
LOL! I do feel like this is us now, playing about the market.
It is us!
I saw the whites of a lot of people’s eyes today
Stay Frosty. It is just getting interesting.
Wasn’t our theory that a rush to utilities was a topping indicator? Today utilities were up big. So why is this movement a concern for bears?
Those should be the things you watch to confirm a sell the rip thesis, yes.
wow. just got off a long flight. what a move in the market. basicaly back to where we were to start the day yesterday. lets see where tomorrow takes us
did you make it to the moon? can you see us down here?
sorry my man. I have an actual job.
how did your fake picks go today??
I enjoy seeing charts like this. Posted by Jesse Stine: Nasdaq new highs minus new lows. http://charts.stocktwits.net/production/original_27730597.png?1412809247
That chart backs up my theme for this year back in my 2014 outlook – fewer stocks keep the market elevated. Stock pickers market.
OA – I just peeped RC’s “Today’s Movers” post and took a look at the ETF’s rising on unusual volume. Quite a few India ETF’s crossed my screen, which led me to look TTM & INFY – neither thrilled me…. but look at this INDL (3x India Bull) – http://i.imgur.com/qhVIZPd.jpg
Are there any India names that you like right now?
TTM – top dawg.
Giving it another look. Thank you, my fellow.