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Falling

Looking for a short that wont go up as the S&P recovers? KODK is circling the drain. Their balance sheet and quarterly income is very unimpressive; they don't look like the books of a company on a rebound but rather a company winding down operations. Q4 2014 they had $260m~ assets over liabilities, that number is down to a scant $75m~. During the same period, cost of revenue is down about 17% vs revenue being down 'only' 13% but that's not terribly impressive. Don't get me wrong, I like film cameras. Working in a dark room to print your own photos is great. But it is a niche market that doesn't match up with Kodak's half billion market cap (they don't even make cameras mind you!) The film market is dominated by Polaroid, toy cameras, and pre-owned sales. Film and paper are not a monopoly for Kodak in the 21st century with Fuji, Ilford and others long pushing Kodak out of frame. This chart shows Kodak's next slide. The 1 day MACD is already breaking negative and the chart below is the 3-day MACD showing that the leveling/upturn from the start of this year is over. Kodak may as well have agreed to sell their wares exclusively at Radioshack. Much of what their current business is (business services etc) doesn't have the same economies of scale that Xerox and others have. They could have held some patents and licensed the remainder to get some revenue streams but it's too late now. Maybe Kodak is already "winding down" and doesn't want to acknowledge it publicly. They don't have to wind down to zero; they can still be a single factory film manufacturer, making a tidy profit for a few dozen employees. But a half billion dollar multinational? Sorry, but that image is fading fast. Bottom line: Buy put options for as far out as possible and sit on them---Take a higher strike price (>$8) if you are looking for a cheap bet, low strike price if you are looking for a super cheap bet.
NYSE:KODKShort
by RyanMartin
Gold daily analysis Daily Analysis 4TH January 2016 -Collapse of the Chinese stock market -Very strong tension between saudi arabia and iran -Decline in activity in the US -Rebound aborted Crude Oil All these factors explain today 4TH Jan candlestick with a long green body and a long descent wick. bears have dominated the end of the session. Today no major publication expected except the news flow above to watch for : if opportunity is given long position can be taken at 1050 1060 stop loss 1048 For thos who have already taken this position, let it roll, and watch out your 4h candlestick to see if it will be wise to take a short position to protect your profit for a while. Cheers
FX:XAUUSDLong
by Organone
1
Reaffirming short from Dec 20, more trouble ahead for BTCAs I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway following this slight recovery. The one and two day MACDs have still not bottomed out; and worst of all, the 1week and 2week MACDs are looking like they've peaked. This would be their first downward movements since Aug/Sept when we were at 1500CNY/235USD. The StochRSI at 1week is showing its first downward cross since the early Nov. drop as well I would NOT take this lightly. I'm still optimistic in the medium-term and I'd be very surprised if prices got anywhere near that low, but January could get really cold, really fast. If you are still in BTC I would have your alarms set and be ready to trade or at least hedge with a put option or two. If you are out, just don't get back in too quickly, it can be tempting to see the 2-hour MACD/RSI going positive and panic-buy, but I'd advise against it. 1 day indicators should be able to show us the way when it is time to return.
BShort
by RyanMartin
Bounce in Oil duejust observations on oil - the following maybe reasons for a sudden and aggressive bounce on oil forthcoming 1. approaching multi year lows at 32.90, which previously sparked a 'decent' response 2. bullish divergence on RSI 3. trading in falling wedge pattern, often a reason for volatile breakout to the upside (4. haven't checked, but there maybe fib ratio confluences as well) i will be keeping an eye out, but am pretty confident the 33 and 32.90 levels will be tested. what happens there will be interesting.
FX:USOILLong
by mcpeacocks
Is LL The Proverbial Falling Knife??This is a WEEKLY chart of Lumber Liquidators. Take a look back. Notice the stock was rising from about March of 2012 all the way to March of 2014. It has been falling ever since (see the red downtrend line). You don't have to know why it's falling by the way. You just have to realize that it has been falling for a year. If you think now is a good time to get involved with LL you should take note of the gray resistance / support line. It has arrows pointing to it. There is a chance the stock will bounce higher around this level. There is also a chance the stock could consolidate around this level. And there is a chance the stock doesn't even take notice of this line and it just keeps going lower. Personally, I would be VERY worried if the stock price drops below this 4 year old important level. Maybe you should be too... Trade what you see. Not what you think, or hope, or feel, or ... Protect Your Profits & Limit Losses
L
by TheTrendLineInvestor
1
[ UPDATE ] Falling Wedge intersected by fib-time linesWe are apparently sitting on an older trendline that seems to be still in effect. nibbling off the 23.6% fib line effectively forming an ascending triangle. if you extend this trendline it crosses my 666 target right around the 3x timefib which is based on the uprun marked by blue vertical lines 0 and 1. line 3 is after 3x the amount of time between 0 and 1. The uprun didn't retrace more than 33% which is considered a healthy retracement and is often followed by another leg up.
BLong
by MagnusTradingGroup
2