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Post by huh on Apr 17, 2015 11:25:53 GMT -5
Apple's $1 trillion dream slips away"Remember all the talk about Apple racing to be the first company worth $1 trillion? Looks like the party will have to wait. Shares of Apple (AAPL) are sinking along with the rest of the market. Appleās stock is down 79 cents, or 0.6%, to $125.38 Friday."LOL. 79 cents. Buy signal?
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Post by huh on Apr 17, 2015 11:33:02 GMT -5
...RSX (Russia) could be in some big trouble here as well. RSX down ~8%
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Post by crumbdon on Apr 17, 2015 11:37:17 GMT -5
Man, I take a day off cuz I'm bored/disgusted with the market, and look what you guys did to the place, LOL!!
So at a glance, I see 3 (or more??) -1K ticks with much higher volume than what we've had lately. Insties selling??
And the daily on SPX/ES just got rejected at a triple top that's been forming since late Feb.
Oh, and a lot of big desks got caught off guard with this move, and they are HURTING, haha! (I feel glee!)
Barring a banner close this afternoon, I don't think there's enough Bondo left in the can to patch this dent.
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Post by huh on Apr 17, 2015 11:39:05 GMT -5
Amazing. Spot VIX up more than 12%. Futures VIX only up ~3%.
So much for the OPEX decay theory so far.
(another day like this and VIX scams could go into backwardation though)
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Post by huh on Apr 17, 2015 11:42:01 GMT -5
VXX breaking down. There's at least an intraday rally coming IMO.
But who knows. I could be wrong. It is OPEX after all. Could be simply decaying options is all.
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Post by huh on Apr 17, 2015 11:50:03 GMT -5
"World markets falling, oil in an uptrend, dollar falling."
Thems sound like fightin' words.
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Post by jacksrbtr on Apr 17, 2015 12:33:23 GMT -5
"World markets falling, oil in an uptrend, dollar falling." Thems sound like fightin' words. ...said Chicken Little.
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Post by jacksrbtr on Apr 17, 2015 12:38:34 GMT -5
Man, I take a day off cuz I'm bored/disgusted with the market, and look what you guys did to the place, LOL!! So at a glance, I see 3 (or more??) -1K ticks with much higher volume than what we've had lately. Insties selling?? And the daily on SPX/ES just got rejected at a triple top that's been forming since late Feb. Oh, and a lot of big desks got caught off guard with this move, and they are HURTING, haha! (I feel glee!) Barring a banner close this afternoon, I don't think there's enough Bondo left in the can to patch this dent. Speaking of "Bondo" just needed to use some of that stuff on a persistent rotting out exterior doorjamb - I'm avoiding the inevitable reconstruction I HATE door carpentry. What are you building this year Chad?
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Post by birthmark on Apr 17, 2015 12:40:08 GMT -5
NBG now green Huh.
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Post by huh on Apr 17, 2015 12:50:56 GMT -5
Odd, isn't it? Everyone scared of about the only thing rallying. And apparently NFLX is moving into Greece as well. LOL
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Post by huh on Apr 17, 2015 12:52:21 GMT -5
Well so much for my idea of a bounce into 2:00. Yikes.
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Post by huh on Apr 17, 2015 13:01:14 GMT -5
Looks like even NFLX about to hit the skids
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Post by huh on Apr 17, 2015 13:13:16 GMT -5
jacksrbtr Sure looks like AAPL's gonna lose that support and go lower. If it does, you'll get your buy next week. (but I'll bet if that happens, it'll be tough to pull the trigger when the time comes)
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Post by crumbdon on Apr 17, 2015 13:16:43 GMT -5
What are you building this year Chad? A bigger belly as I sit in the shade of my gazebo all summer!!
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Post by huh on Apr 17, 2015 13:18:12 GMT -5
At this rate, my buy targets won't hit unless S&P drops about another 100 points.
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Post by jacksrbtr on Apr 17, 2015 13:20:59 GMT -5
What are you building this year Chad? A bigger belly as I sit in the shade of my gazebo all summer!! Bwahahahaaaaaaaa!
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Post by huh on Apr 17, 2015 13:27:36 GMT -5
jacksrbtr Sure looks like AAPL's gonna lose that support and go lower. If it does, you'll get your buy next week. (but I'll bet if that happens, it'll be tough to pull the trigger when the time comes) 124.30 is the number to hold at the close for AAPL, otherwise it'll see more downside.
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Post by huh on Apr 17, 2015 13:31:58 GMT -5
Watching MNKD again as well. Lots more downside me thinks, but it's buys usually come on a quick flush day.
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Post by huh on Apr 17, 2015 13:59:32 GMT -5
...RSX (Russia) could be in some big trouble here as well. RSX down ~8% Checkout that bounce in RSX. Not as big as NBG's more than 11%, but for an entire country...that's big. I knew I should have went long NBG if Gartman was trashing it. No way I would've held over the weekend without it hitting 0.95 though, and I'm trying to find trades to hold for more than a day. That's not easy right now!
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Post by birthmark on Apr 17, 2015 14:11:00 GMT -5
Watching MNKD again as well. Lots more downside me thinks, but it's buys usually come on a quick flush day. Funny Huh I was watching MNKD too... a stink bid perhaps? GL
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