iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

ANOTHER RUSSELL DIVERGENCE

Off the opening drive to the downside this morning, the indices reached a point where the Russell no longer confirmed downside.

$TF_F

RUTopen

 

$NQ_F

NQOpenIn trending grind mode conditions like this, this is about as good of a dip buy indicator as you can get on the intra-day time frame.

Other than that, stocks are taking their sweet ass time to move at all today.

I am watching $N for a possible April call play. Got anything on your radar?

OA

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13 comments

  1. Darren

    TSLA

    Might add to my weeklies by picking something up with a little more time. Maybe MAR 210’s.

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  2. AriBaba

    went big on BABA today on the open

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  3. shawnji

    I bot N and FEYE April calls today. And it turns out I missed out on a min 12 bagger by booking AEO before earnings. So it goes.

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  4. esquared

    AFOP is looking good, great relative strength.

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  5. Swinging for the Fences
    Swinging for the Fences

    Took your $PSTI recommendation. Nice volume pocket above.

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  6. frog

    nflx yolo

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  7. Montrose

    CDXS worth a look.

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  8. MRBIG

    Not your style , but I think XBI continues to outperform .

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  9. CDN_plunger

    $BIDU….and just watching the grass grow…

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  10. marvin dice

    OA,
    Any thoughts on shorting the miners here?

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