Sun Apr 9, 2017 1:13pm ESTComments Off on iBanCoin Laboratory Flips To Neutral Amid War and Resistance793
Last week was eventful. Wednesday minutes revealed Yellen’s Fed is about to start making some balance sheet moves. It spooked people. Or perhaps, just as the minutes came out, establishment investors got the nudge, the wink, that 58 tomahawk missiles were about to go off–a firework display of epic proportions, no doubt. But was anyone there to see it?
The weather broke. After heavy storms passed, clear skies emerged into Friday and the week ended in a carefree manner.
Inside Exodus, the first hybrid oversold signal of the year completed. The predictive robots inside Exodus won again, BEHOLD:
If you read the Executive Summary inside the Strategy Session, you could have milked the signal a bit better. We improvised on the final day of the signal and sold after the FOMC minutes, instead of waiting until the end-of-day. After all, what good is a plan if you do not stick to it? Last week’s plan:
All that being said, heading into the upcoming week there are no model-based, statistical means of having a directional bias. There’s no saying where this market is headed, objectively, from a statistical foundation.
There are subtle nuances that may tip the market’s hand a day, or perhaps few hours, before the market even knows it is about to move.
One is the NASDAQ Transportation index. Look at that coil. If it breaks lower, caution…
There are other little clues being revealed by the computer brains inside Exodus. So while a generation of Americans has resorted to praising a reptile, I will continue to ask for mercy from the robots inside our spaceship.
And from The Leader
Both of which aren’t providing much guidance into next week. Perhaps it is a sign, to pursue other industrious endeavors next week?
NASDAQ futures are coming into Friday gap down after an overnight session featuring elevated range and volume. Price made a sharp move lower around 9:13pm after the U.S. military launched nearly 60 Tomahawk missiles against a Syrian air base. The reaction pushed down to prices not seen since Tuesday of last week before establishing a bid and worked higher, reversing the entire reaction. At 8:30am Non-farm payroll data was mixed. The initial reaction is a slight move lower.
Also on the economic docket today we have Wholesale Inventories at 10am, the Baker Hughes rig count at 1pm, and Consumer Credit at 3pm.
Yesterday we printed a neutral day. A gap up Thursday morning was quickly sold into but sellers failed to take out the Wednesday low, initially. Instead price worked range extension (RE) up before reversing the entire daily range and going RE down, briefly trading below the Wednesday low before two-way trade ensued.
Heading into today my primary expectation is for sellers to work back toward overnight low 5382.75, trading down to 5374.50 before two way trade ensues.
Hypo 2 buyers press into the overnight inventory and close the gap up to 5422.50. From here they continue higher, up through overnight high 5429.75, trading up to 5431 before two way trade ensues.
Hypo 3 stronger sellers push down to 5348.25 before two way trade ensues.
Authoritarians have a good way of spinning their creepy actions enough for their believers to justify an attack on their human rights. So far, that is the case with the republican-led campaign to repeal Obama-era internet privacy rules. Your basic republitard can belch out the talking points about how Google and Facebook already watch everything they do, so what’s it matter if the internet service providers do the same?
Right? What does it matter, what’s another set of hands digging through your private possessions, NOT STEALING ANY OF THEM, but logging their details and selling the information to the highest bidder?
FCC Commissioner Mignon Clyburn laid out a perfect example, one you cheesed burger eating ingrates could comprehend. WATCH:
Ah yes, the ‘internet of things’ …you remember that phrase? It describes a time in the not-so-distant future where your thermostat, security cameras, television, refrigerator, for fucked sake your toaster are all pushing little bits of information about you out to the interweb.
This is not good, dude. When Trump signed away privacy rules that would have stopped Comcast from logging your preferred toaster settings to their evil towers in Philadelphia, he sold you out to faceless corporations, immortal diseases roaming the earth. Faceless corporations, mind you, who completely control your ability to access the greatest invention of the 21st century, the big information bang, the internet. Internet service providers control it. Not Google, not yet at least.
Massachusetts Rep Mike Capuano had some fun with these insane republican measures, referencing his recent online purchase of some undies, which is worth bringing to your attention if for the visuals alone:
Perhaps you are beginning to understand the gravity of our President’s pen strokes Monday, the ones that approved a very Orwellian nightmare, a repeal to privacy rules that Obama worked so hard to bless us with. Your internet service provider can henceforth mine and measure your every internet move and the FCC is totally freaked out.
STILL BULLISH FOR $VZ $T and $CMCSA
Also, someone mentioned VPN players could become interesting going forward, as internet users seek to protect themselves from the ISP money grubbers. It’s worth an investigation. DEVELOPING…
Wed Apr 5, 2017 9:13am ESTComments Off on NASDAQ Awaits Federal Reserve Minutes After Strong ADP Jobs Number555
NASDAQ futures are coming into Wednesday flat after an overnight session featuring normal range and volume. Price worked just above the Tuesday high overnight before settling into balanced trade along the Tuesday high. At 7am MBA Mortgage applications came in below last week. At 8:15am the ADP Employment change was much better than expected.
STRONG ADP. 263,000 jobs created in March vs. expectations of 185,000. (Though weirdly a significant downward revision to last month)
Also on the economic docket today we have Service/Non-manufacturing Composite at 10am, crude oil inventories at 10:30am, and most importantly the FOMC minutes at 2pm.
Yesterday we formed a normal variation up. Price opened gap down, but inside the Monday range. Buyers made an early gap fill and found sellers right along the UNCH line. Said sellers reversed the morning move but we unable to push range extension down. Instead we spent the rest of the day working higher, but ultimate inside the Monday range.
Heading into today my primary expectation is for buyers to push higher, up through overnight high 5448 and to new highs, tagging the measured move level at 5462.50 before two way trade ensues ahead of the FOMC minutes.
Hypo 2 sellers press down through overnight low 5435.5 and tag 5434.50 before two way trade ensues.
Hypo 3 stronger buyers ahead of FOMC push up to 5481.75 before we await the Fed.
Our republican controlled government worked together last week and Monday to pass and sign away your privacy; privacy the FCC was fighting to protect back in the days of Obama. With zero democratic support, congressional republicans decided your internet provider can now share your web history.
Internet Providers currently say they will not sell our information – who believes this will be the truth 3 years from today? pic.twitter.com/1zY4F1Uatx
The rules had not gone into effect yet. Privacy advocates who spend less time complaining and more time acquiescing, the ones who know a bit about the internet are suggesting using a VPN to keep your broadband rulers from giving away your every query, interest, and YouTube rabbit hole to ‘advertisers’.
Verizon had a nice, corporate-speak way of saying they don’t sell you browsing history, according to Reuters:
Verizon does not sell personal web browsing histories and has no plans to do so but the company said it has two advertising programs that use “de-identified” customer browsing data, including one that uses “aggregate insights that might be useful for advertisers and other businesses.”
You thought this would be good, having the Right, who stand on the pillar of individual freedom, control the entire US government, but the snake has turned its head toward you. As of Monday, Trump signed away your browsing history.
Tue Apr 4, 2017 9:15am ESTComments Off on NASDAQ Gives Back Monday Afternoon Recovery, Draghi To Begin Speaking at The Open464
NASDAQ futures are coming into Tuesday gap down after an overnight session featuring normal range and volume. Price worked lower overnight with sellers working down into the 40 point intra-day recovery seen Monday. As we approach the open, however, the Monday low is holding. At 8:30am Trade Balance data came out better than expected.
Right on the open, European Central Bank President Mario Draghi will be talking in Frankfurt. Also on the economic calendar today we have Factory/Durable Goods Orders at 10am, and a 4-week T-bill auction at 11:30am.
Yesterday we printed a normal variation down. Price opened gap up and ran higher, briefly making new all-time highs before reversing and working lower. We closed the open gap left behind on 3/28 before discovering buyers and spending the rest of the day working back to unchanged.
Heading into today my primary expectation is for sellers to make a quick move lower, down through overnight low 5406.75, setting up a move to 5383.50 before two way trade ensues.
Hypo 2 strong selling, liquidation speed, takes us down to 5369.75 before two way trade ensues.
Hypo 3 buyers press into the overnight inventory and close the gap up at 5434. From here they take out overnight high 5436.75 and continue higher to 5441.50 before two way trade ensues.
Shares of the world’s greatest technology company, Tesla, are achieving new heights Monday after the company’s CEO, the magnificent Elon Musk (all Praise and Glory to The Leader) handsomely announced, they set a delivery record in the first quarter.
Twenty five thousand, OVER twenty five thousand Tesla cars were delivered to excited consumers, consumers excited to tell the sheiks running OPEC, the goons lording over American oil firms, and every internal combustion earth hater, “byeeee.”
Tesla delivered over 25,000 vehicles in Q1, of which about 13,450 were Model S and about 11,550 were Model X. This was a new quarterly record and represents a 69 percent increase over Q1 2016.
Q1 production totaled 25,418 vehicles, also a new quarterly record.
Also, over the weekend, our lord and savior, our benevolent Elon (all Praise and Glory to The Leader) was rumored to be building an entire clean tech city. As of this publication, the rumor is being considered an April Fools prank.
For now, investors will have to be content with being involved in the only company hellbent on disrupting the most diabolical forces on our earth. The pure evil that capitalism gave birth to, the oil executive.
So far it appears to be working. The company had a record setting first quarter as they barrel toward their Q3 goal of mass production. The Model 3, a car for the working man, and an opportunity to dollar vote against the muckrakers in Alberta, Canada.
NASDAQ futures are heading into the first day of the second quarter with a slight gap up after an overnight session featuring normal range and volume. Price held inside the range of last Friday overnight in a balanced session.
The economic calendar starts out slow this week, picking up steam as the week matures. For Monday, we have ISM Manufacturing data at 10am, then at 11:30am the US Treasury is auctioning off 3- and 6-month T-bills, $39b and $33billion respectively.
Last week the major indices worked higher. But first the week began with a major gap down. On the open last Monday, the Dow was down nearly -200. However, after two trend day ups, the stock markets spent the rest of the week drifting, with a slight upward bias. Here are the performances of each major index last week:
Last Friday the NASDAQ printed a normal variation up. Price opened gap down but still inside the Thursday range. Sellers made an attempt down through Thursday’s low but stalled ahead of it before buyers came in and worked the market to a new high on the week. The new high was quickly met with selling, twice, ultimately settling price out just below the Friday midpoint.
Heading into today my primary expectation is for sellers to work into the overnight inventory and close the gap down to 5438.75. From here they continue lower, down through overnight low 5432.75. Look for a move down to Wednesday’ naked VPOC at 5421.25 before two way trade ensues.
Hypo 2 stronger sellers work down to 5406.75 before two way trade ensues.
Hypo 3 buyers press up through overnight high 5450.75 setting up a run at new highs. Look for sellers up at the Fibonacci zone starting at 5462.50.
Normal people and businesses trying to spread their brand on Snapchat find it difficult. For years it lacked an in-app discovery function. You can’t really search people either, unless you have their snapcode, phone number, or user name. But all that changed at the stroke of midnight last Friday. Right when the first quarter of 2017 ended, the company launched an update to create 1 million searchable stories.
Content creators have struggled to build audiences. Gary Vaynerchuk, founder of a digital marketing agency that did $100 million in revenues in 2016 wrote an entire piece discussing the issue.
Snapchat doesn’t have a suggested user list (like Instagram does) or a method to easily search for people, although some websites and apps are trying to make the process easier. There also aren’t any hashtags or retweets that you can piggyback off of like we see on other platforms.
Snapchat’s new search feature is likely to be monitored closely by the company and investors as the unicorn enters its first full quarter as a publicly traded company [ticker: $SNAP]. Wall Street is the home of Pavlovian children, obsessed with seeing immediate results, else they begin demanding executive upheaval and board seats. Fortunately, Snapchat shareholders do not even have voting rights. They are third class dogs. Speaking of dogs, you can search ‘puppies’ on Snapchat and receive an endless stream of puppy videos.
These truly are the best of times.
The feature allows users see what is happening real time from places far reaching like exotic beaches, to sporting events, to a local bar, and much more.
Social media apps have begun copying features from each other. Mark Zuckerberg and his team of coders recently added the ‘story’ feature to Instagram and quickly monetized it with skippable ads. A 24-hour running story function has also appeared recently on actual Facebook.
On April Fool’s day, Snapchat ran a filter that made your snap look like an Instagram post, trolling the copycats at Facebook.
Facebook executives may still have bitter feelings after Snapchat founders told Mark, more or less, to take his $3 billion dollar cash offer and piss off back in November 2013. Snapchat is currently worth about $27 billion, give or take a few hundred million.
The question of who did what first is quickly becoming as irrelevant as the chicken or the egg dilemma.
The real question on investors’ minds is, “Is my money parked in a Facebook or a Twitter?” And it is a fair question for an investor to ask, considering the performance gap between the two stocks over the last 856 days:
Facebook and Twitter both have fantastic ‘discovery’ functions built into their platforms. It is an essential piece of the social media puzzle. People are quickly turned off to a platform if it feels like they are talking to themselves.
Snapchat’s searchable stories were rolled out on the last day of March in select cities. As of now, the feature is unavailable in the ghettos of Detroit. As soon as it is however, I will begin disengaging the outside world for hours on end, instead piping the ‘puppies’ story into my Daydream goggles.
As more information about the feature becomes available, I will discuss it on snapchat. If you are invested in the name, just trading it, or just want to see my really really extremely good looking face, now might be a good time to download the app and follow me.
Greetings and welcome to the iBankCoin Laboratory Review!
In this weekly publication, the diligent scientists and engineers operating inside Exodus Market Intelligence present to you, in a rather colorful manner, their methodical test results.
Our process is continually audited to ensure it is prepared in the most objective means possible, with minimal human interference, allowing the thousands of censors we have placed throughout the financial markets to operate autonomously. The information is pooled into Exodus where it is interpreted by algorithms.
To add some day trader spice, the very pure and objective tenants of auction theory are also married to the data to produce what can only be described as a raw forecast of the future.
People do not like forecasts. They do not like reading them, offering them, or even knowing they exist. It is because many a forecaster are charlatans who practice biased means of prediction–reading the tea leaves of geopolitics, rubbing elbows with establishment cock suckers and cuckolds, practicing dark arts–and it leaves a bad taste in the collective mouths of consumers.
Those methods are old milk. The findings we put forth are unbiased. There are rigorous fundamental requirements for a stock to become an eligible candidate. Predictions of overall market rallies extend two weeks max, for much further and the lenses become blurred.
Data, my boy, pure and raw, parsed and measured, creates a simple forecast.
This week’s Strategy Session comes after the completion of our first quarter under a new authoritarian presidential regime. Which means a top-down analysis of the entire stock universe was performed. The result? 14 investable ticker symbols. They are simply letters affixed to numbers, but they are truly impressive, nonetheless. The makings of a potent Motif, perhaps.
The 125th Edition of Exodus Strategy Session is live now. It was quite fun to prepare, even the quote from Marcus Aurelius at the end seems well timed. It is with humility and honor that the good folks at iBC labs prepared the report and we hope you read it.
As for the rest of you, freeloaders of the interwebs, I am debating doing the aforementioned top-down analysis live on our YouTube channel and Facebook, if enough interest is expressed. Please leave a comment below if you would watch a 20 minute review of Q1. Exodus members, it would behoove you as well to learn this method of analysis. Afterall, your good pal RAUL lives a ride-or-die lifestyle deep in the urban centers of America and may not be around much longer to spoon feed you.
We are bullish through mid-week. Once the FOMC minutes are released, the plan is to improvise. You can always check the morning reports to stay abreast, follow me on Twitter @indexmodel for more up-to-minute coverage, or if you prefer visual media just follow me on snapchat where I am the only person consistently dropping live trades, close ups of my beautiful face, hustle motivation, and other debauchery. vCali. All questions asked in the DMs will be answered in the order they are received.
Stay sharp out there, for a dull mind is certain to be corrected.