iBankCoin
I turn dials and fiddle with knobs to hone in on harmonic rotations
Joined Oct 26, 2011
3,781 Blog Posts

Morning NASDAQ Trader Report

There has been solid overall auction activity overnight where we are seeing constructive action from both the buyer and the seller.  Late into trading Friday the sellers rejected the uppermost distribution we were forming.  Their action could be seen as a swift vertical movement lower followed by an hour of “acceptance” of the new prices via sustaining the levels.  Once the futures opened back up for business, we gave the area a solid auction lower, found a bid, and pressed above where we are currently finding selling.  The net activity forms a nearly symmetrical distribution of time and volume.

The profile however, does appear to have a slight imbalance which sellers could capitalize on early this morning.  It appears to be contingent upon how we handle 3674.50 early on, a value area low and sight of prior responsive selling.  If we again find sellers here in the early USA hours, we may see an attempt to balance out our current profile by trading down below the volume shelf at 3664.25.

Of course, if sellers are unable to respond at 3674.50, then we may see another drive for fresh highs.  Also, if sellers cannot push us over the volume shelf to balance out our current profile, then we would gain a valuable bit of insight, that buying force is great enough to disrupt the natural tendency of Gaussian distribution.

In the short term, I give sellers a slight edge in control.  This is void if they do not show responsive trading at 3674.50.  This short term control by sellers firms up if they push us below the shelf at 3674.50.

Intermediate term, we are in balance.  I have highlighted this balance and a few key levels on the following micro composite profile, spanning about 6.5 days of trading activity:

NQ_VolumeProfile_intermediateTerm_LateFeb2014

Long term, buyers are in control.  This can be seen as a series of higher highs and lows on the daily and weekly COMPQ chart.

Below is my vision for the morning, where I have highlighted the key price point and a scenario for the session using my market profile chart:

NQ_MarketProfile_02242014

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32 comments

  1. Sooz

    over 30 is big for Sarepta.
    been around the block with this one for multiple years.
    long and strong..babee
    😉

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    • Sooz

      This scoop Price: $12.1699
      from 11/13/2013 (posted entry on Sir Raul’s blog and through the blood and gore sell off due to FDA )
      It was not such a ‘STOOoopid’ buy after all now was it Partridge.. As you so obnoxiously posted on ST asking “Who is stupid enough to buy this POS here?”

      just great..
      😉

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  2. Sooz

    Star Scientific is making its move off recent sell off in the 50 cent range..

    disclosure: I am long positioned with add recently(Huge Spec here and ‘Did Not Post Entry..risky ..high/risk/reward)
    by about 57k shares

    The Duck continues to dance, too..
    Love that Disco Duck (mentioned in Pelican room as guest on Halloween at 2 buck~a~roos. xl position w/cost avg at $1.73)
    Cytori is doing nicely here as well. Mentioned to watch if it trails down in the lower 2’s

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  3. Sooz

    while on my little road trip this past week..which, by the way, was the ‘Most Horrendous Drive’ I have ever taken in all of my driving years..No Sh!tskies. I drove through every weather condition that mother nature could throw my way all within 7.5 hours(norm 6hr drive). From white out blizzard(zero visibility), to sleet ice, to thunder and lightening bolts hitting the ground along with torrential rain, to flood conditions and hydroplaning while wind gusted 35~45mph., to a few miles of SUNSHINE..AWww yes(my moment of reconciliation) and finally through more rain and dense fog all the while trying to dodge all the freaken potholes along the highways and byways. It was Grand!!
    Once I arrived..first stop gas station(near empty) and learned that my Visa card had been COMPROMISED..yup!
    From that moment on and with limited cash at hand I had to call Visa(a 30min conversation through fraud dept) when I was to make a transaction no matter what. eg) hotel/restaurant/beer store/gas/ did I mention BEER STORE..etc..

    my take away..
    First and foremost I Despise Thieves.
    Secondly I am wanting to buy GT and or CTB and am looking into Asphalt.
    There is more road damage out there from this long and harsh winter then I have ever witnessed in my entire life. We are use to the potholes here in my home state but it is a wide spread problem that will take a lot of asphalt to mend and many Many months to get the job done.
    Add to that machinery eg) CAT (long positioned)

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    • raul3

      roads are FAQd, all up and down

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      • Sooz

        oh..I missed this comment, Sir Raul(aka Drake). Yes, Beyond FAQ’d. Remarkable damage. This summer and road travel will be more than usual a Big Pain in our sweet azzes. They were patching whole in early Feb..I~75 north and southbound and main city through~ways..That is something you rarely see in our state. My mom was telling me that the state of Mi is going to pick up the tab on any tire replacement due to potholes. Did not confirm this info but I always believe my Beautiful and most Honest Mom.

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  4. Sooz

    about credit card theft..
    and 3x a charm..

    I victim of identity theft (Visa)in March 2011, UHHhuh..wth over night I had apparently moved to Kings Canyon in some city in Northern CA and had purchased 8,000 dollars worth of coffee beans with my payment sent through something simular to pay~pal(can’t remember the name?), and Visa compromised (as I recall it was through Home Goods~TJX) in 2006~7(?)

    As we all know and in lieu of Targets credit system breach this past holiday Corps need to ‘UP’ security..as the thieves figure their way around the system.
    long very old position core(2008 dec and again March 09 below a buck) Zix Corp.with add back of share in June 2012.

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    • raul3

      sry to hear about the ID theft, I had my card yapped from my gym locker. Afterwards, “I” went on a gas station shopping spree.

      $800 in transactions. I got all the funds back, btw. You should too. good luck

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      • Sooz

        man oh man..
        yea, I had no problems in all cases beyond the inconvenience. We end up paying for this thievery somewhere down the line. In the case of Identity theft..I had just paid balance zero and made a return days later..instead of a return the store put it through as a purchase..oopsa..therefore It was a duo return. hmm..so I went home and checked on~line and Bam..It was just days after I had paid off balance and days before this cashier made the transaction error. Lucky for Me and Visa or I would not have realized this fraud until my next billing cycle. It was caught very early. Regardless..it was so beyond ((CREEPY)) sick! I did the google map as Visa Fraud had given me the info of my new identity..OOoh so creepy. Took a virtual 360 degree look at my new place in the canyon. Yikes! There was nothing around but a house with two mailboxes..uhhuh

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        • Sooz

          I really hate to place blame on anyone until proven otherwise but will always believe it was my mail carrier who on many occasions delivered other peoples mail to my house(possible future alibi)and delivered my mail to neighbors many streets away and had access to my Visa account info and an old Student loan(thank you very much Govt..who still processed all of them with the last four digits of soc. #) and consistently wore the latex surgical gloves when she dropped my mail(my suspicious mind questioned this behavior on the hottest 100 degree summer days). Needless to say..as I was questioned in depth and had reported her mishandling of mail on numerous occasions(previous to identity theft)over a period of 1yr plus. Shortly after I had a new mail carrier(?). I guess I’ll never really know..

          gut instinct..

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  5. Sooz

    love this very happy tune..
    A friend of a dear and lifelong friend of mine.. (he placed clips of ‘Where the Hell is Matt’ in his music video..one of the first you tube uploads to go viral..before there was such a thing..;)
    Love Matt’s story..
    here:Clayton Joseph Scott – Ready to Fly http://youtu.be/y-2ggnAiL-c

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  6. Sooz

    The hydrocarbon material that is used to create asphalt is actually derived from the waste material left over after the manufacture of gasoline, kerosene and diesel fuels. bitumen is sometimes referred to as asphalt oil. (wiseGEEK)

    Place your bets gentlemen and have a great day all you Beautiful People.

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  7. Sooz

    ^one of the reason why I decided to take position in RIG this past week(posted entries here) . I am long positioned ..CONOCOPHILLIPS(mid 30’s..Feb 2010), PHILLIPS 66 COM(21 and change..acquired spin off shares plus add from Feb 2010)and EXXON MOBIL CORP(56~57 range July 2010)

    posting my positions, full disclosure, and here’s a bit of added info:
    COP Annualized Dividend Yield 4.27%
    PSX Annualized Dividend Yield 2.08%
    XOM Annualized Dividend Yield 2.65%
    RIG Annualized Dividend Yield 5.19%
    ~cheers

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  8. Sooz

    Very SMOOTH move on your BBRY, Drake..Nice!
    😉 )))

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  9. Sooz

    just look at that..
    trade sits at triple
    (actually +205.50%..unrealized gains)
    FB Sweet!

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  10. Sooz

    Now onto Oil Sands..
    we know that the largest deposits in the world are found in Canada (Alberta) and Venezuela, and much of the rest is found in various countries in the Middle East.

    Yes..so how about within the USofA ? Since I like to support my own nation I found this article interesting (most likely old news for the savvy reader of news)
    http://www.tarsandsworld.com/featured/2014/01/british-company-jumps-utah-oil-shale

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    • Sooz

      FX Energy and Richfield Oil & Gas Company(penny stock spec here..;)) are interesting plays here.

      homework..

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  11. Sooz

    here’s an all time fave ..
    Turn it up ((LOUD))..Oh yeah..Alright!

    http://youtu.be/tXkblbJqwn0

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  12. Sooz

    the Visa Hacker got away with 35 hundred..at the time(03/2011)
    just thought I’d glorify the story at twice the take~away…
    who in the h#ll purchases 35 hundred dollars worth of actual beans for their own personal consumption(?) home delivery..Jo~Jo..Mo~effin~Jo..

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  13. Sooz

    I guess I’ll carry/pay greenback more often..like the ‘Old Days’..;) ))))

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