|
Post by huh on Jul 29, 2015 9:08:39 GMT -5
I think YELP will blow through that 25.59 and 25.30 sometime today.................way too much negativity from what I've read.........TWTR also has much headwinds and it does not help that two biggies dumped shares recently........... JMO and BOL.......... Blew through the 25's.............may re-short but missed it at 24 for confirmation...................watching for now and waiting on AKAM........... JMO and BOL........ Good call. I figured it would at least bounce in the mid-25's - it didn't even touch it! lol That's resistance now for downside ~17
|
|
|
Post by huh on Jul 29, 2015 9:15:27 GMT -5
Uh oh
NBG losing a critical support here
Here comes the "Drama Mama" again (or should I say "δράμα μαμά"?)
|
|
|
Post by huh on Jul 29, 2015 9:22:14 GMT -5
SPX 2078 now major resistance (then 2088.50 & 2098-2099 after that) Make that 2076-2078 for first major resistance (need to include the 76.4 FIB for today's down move) All those resistances now tested
|
|
|
Post by huh on Jul 29, 2015 9:32:30 GMT -5
ES 2068.50 now critical support. What happens if it were to lose that? Here's a hint:
|
|
|
Post by Herceg on Jul 29, 2015 9:34:02 GMT -5
YELP, GILD, FB, TWTR................. JMO and BOL............ Add MA and AKAM........... JMO and BOL....... Good day, made up for missing last week..............probably closed last shares on TWTR early but have to do some things and I hate having things outstanding when not watching............ TWTR - 10:30:57 Bought to Cover 150s @ $31.846 - Total: $4,782.90 TWTR - 10:12:57 Bought to Cover 88s @ $31.426 - Total: $2,771.49 TWTR - 10:12:57 Bought to Cover 808s @ $31.4299 - Total: $25,395.36 TWTR - 10:12:57 Bought to Cover 104s @ $31.426 - Total: $3,268.30 TWTR - 10:12:37 Sold Short 1000s @ $31.51 - Total: $31,503.32 YELP - 09:34:35 Bought to Cover 300s @ $24.50 - Total: $7,356.00 YELP - 08:52:01 Sold Short 150s @ $26.12 - Total: $3,911.92 YELP - 08:03:58 Sold Short 50s @ $26.90 - Total: $1,344.98 YELP - 08:03:54 Sold Short 100s @ $26.90 - Total: $2,683.95 TWTR - 07:58:57 Sold Short 150s @ $33.035 - Total: $4,949.15 $818 gain.............BOL to all.............
|
|
|
Post by huh on Jul 29, 2015 9:37:33 GMT -5
Add MA and AKAM........... JMO and BOL....... Good day, made up for missing last week..............probably closed last shares on TWTR early but have to do some things and I hate having things outstanding when not watching............ TWTR - 10:30:57 Bought to Cover 150s @ $31.846 - Total: $4,782.90 TWTR - 10:12:57 Bought to Cover 88s @ $31.426 - Total: $2,771.49 TWTR - 10:12:57 Bought to Cover 808s @ $31.4299 - Total: $25,395.36 TWTR - 10:12:57 Bought to Cover 104s @ $31.426 - Total: $3,268.30 TWTR - 10:12:37 Sold Short 1000s @ $31.51 - Total: $31,503.32 YELP - 09:34:35 Bought to Cover 300s @ $24.50 - Total: $7,356.00 YELP - 08:52:01 Sold Short 150s @ $26.12 - Total: $3,911.92 YELP - 08:03:58 Sold Short 50s @ $26.90 - Total: $1,344.98 YELP - 08:03:54 Sold Short 100s @ $26.90 - Total: $2,683.95 TWTR - 07:58:57 Sold Short 150s @ $33.035 - Total: $4,949.15 $818 gain.............BOL to all............. Nice trading Herc! Time for those Caribbean drinks!
|
|
|
Post by huh on Jul 29, 2015 9:48:44 GMT -5
AAPL downside target 120 - again - but this time another pattern suggesting 117.40's (first open downside gap sits at 120.01) AAPL already attempting to squeeze it, but it likely wouldn't get any higher than 124.30-124.50 ~11:45 before reversing down again - JMO AAPL down, banks up Now AAPL squeezing, banks down?
|
|
|
Post by Herceg on Jul 29, 2015 10:30:44 GMT -5
Nice trading Herc! Time for those Caribbean drinks! LOL..........thanks, but fortunately I do not drink...........my only vice which I battle every day is coffee and cigarettes..................trying everything and anything to get away from the latter as we all know it is not good for us............... JMO and BOL...........
|
|
|
Post by huh on Jul 29, 2015 10:34:34 GMT -5
I had forgotten how much banks & energy could lift the S&P. It's been a while.
XLF support now 25.14
|
|
|
Post by jacksrbtr on Jul 29, 2015 11:22:20 GMT -5
Nice trading Herc! Time for those Caribbean drinks! LOL..........thanks, but fortunately I do not drink...........my only vice which I battle every day is coffee and cigarettes..................trying everything and anything to get away from the latter as we all know it is not good for us............... JMO and BOL........... Herc - Look at it this way: Should you continue to smoke - You will get atheroscolosis and have a heart attack sooner or later, and - You will get a limp dick (the connection between ED and smoking is proven and well-established. This is NOT only NOT GOOD for YOU. Its not good for your entire family...and your extended family such as us here who greatly value you and your input. Love ya man - quit earlier than later believe me. J
|
|
|
Post by Herceg on Jul 29, 2015 12:18:04 GMT -5
Herc - Look at it this way: Should you continue to smoke - You will get atheroscolosis and have a heart attack sooner or later, and - You will get a limp dick (the connection between ED and smoking is proven and well-established. This is NOT only NOT GOOD for YOU. Its not good for your entire family...and your extended family such as us here who greatly value you and your input. Love ya man - quit earlier than later believe me. J Jack, Thanks for the warm wishes as well as scaring the crap out of me even though I know it, it sometimes needs to be read or heard from someone else...............I need to stop first and foremost for the little ones, my wife and my overall health including my pecker............Once again thanks for hammering it home again...........I will continue to fight my demons and report when I am completely off of them........... Take care and BOL..................
|
|
|
Post by huh on Jul 29, 2015 12:40:25 GMT -5
I feel so sorry for the many MNKD bulls. See them asking about script #'s, sales #'s, profits, etc.
Little do they know that none of that matters in the near term. Long term, yes - like 2-3 years - but not near term. I think MNKD is perhaps one of the best fundamental and long term technical buys out there. But doesn't mean it won't fall 50+% yet from here.
What those bulls need to be concerned with is what price the insiders want for future options exercises. And with SNY on board, there's a new & very big insider.
|
|
|
Post by huh on Jul 29, 2015 13:00:59 GMT -5
It's Fed day. According to Reuters, "The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September." Today's meeting won't have an accompanying Janet Yellen press conference or staff economic projections. The rate decision is expected to cross the wires around 2 p.m. ET. Watch carefully. Unfortunately, will be out. They will probably hold steady then if the rate increase is delayed as reported by AP, markets should close +. But of course, the metals will be down. Seems like this happens far too often! Market has squeezed on the same no interest rate increase for something like 7 years. When does a single news event stop having an effect?
|
|
|
Post by huh on Jul 29, 2015 13:03:41 GMT -5
LOL - and apparently no rate increase (again)
|
|
|
Post by huh on Jul 29, 2015 13:15:07 GMT -5
Gold losing a couple of supports here already Expecting ~1081 next If GLD can manage to make a new HOD now (>105.57), could actually see 109.75-110.00. But this week gold has annihilated my calls on it - mostly because it's HASN'T been moving! lol
|
|
|
Post by crumbdon on Jul 29, 2015 14:02:45 GMT -5
Resistance here at SPY 211, but significant R at @ 211.5-ish (ES 2109.75).
Then should at least go back and check on 210.
|
|
|
Post by walnut on Jul 29, 2015 15:41:29 GMT -5
Didn't do anything today, still waiting on my calendar call spreads to get cheap enough to buy.
|
|
|
Post by novie08 on Jul 29, 2015 20:34:21 GMT -5
|
|
|
Post by novie08 on Jul 29, 2015 20:35:43 GMT -5
It's Fed day. According to Reuters, "The Federal Reserve is expected on Wednesday to point to a growing U.S. economy and stronger job market as it sets the stage for a possible interest rate hike in September." Today's meeting won't have an accompanying Janet Yellen press conference or staff economic projections. The rate decision is expected to cross the wires around 2 p.m. ET. Watch carefully. Unfortunately, will be out. They will probably hold steady then if the rate increase is delayed as reported by AP, markets should close +. But of course, the metals will be down. Seems like this happens far too often! Market has squeezed on the same no interest rate increase for something like 7 years. When does a single news event stop having an effect? Guess when the 90% of sleeping citizens wakes up?
|
|
|
Post by huh on Jul 29, 2015 21:13:20 GMT -5
Yet only 2 of those are up for the week (GOOG & GILD), and only 1 up as much or more than the S&P or NDX (GILD)
|
|