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Nysecomp

NYSE COMPOSITE - The Stick SaveBasic Materials, Consumer Cyclical, Financial Services, and Real Estate are the Primary Sectors of the NYSE Composite. We indicated the NYSE COMP was reaching an extreme A/D low and suggested a rotation would likely provide lift. It does not appear to be sustainable, but for now, it's in Trade. ______________________________________________________________________________________ Historically the Composite has followed Dow Theory Sell Signals. The Transports should be closely observed at this time. It will again as the lead up into Financial EPS arrives this coming week. Inflation has been the Trade into all Primary Sectors with Real Estate beginning to show signs in November of several issues. The NYSE Composite is an index encompassing all common stock listed on the New York Stock Exchange, including ADRs, REIT's and Tracking Stocks. It is the broadest measure of Market Health. A free-floating market capitalization is a useful tool to "adjust" prices. It skews heavily depending upon these adjustments to "Capitalization". Financials, Energy, and Health Care are the Primaries by Market Cap. _______________________________________________________________________________________ Traders should follow the NYSE closely as it provides a great deal of information with respect to the direction of the Growth Sectors - The Trend sets the correlation, typically in a rising rate environment, we will see a reversion to an Inverse Correlation.
TVC:NYA
by HK_L61
2
NYSE COMPOSITE - Enormous Range / Breadth - MentosBeginning to see signs of Coca-Cola meeting Mentos - YouTube it. When the Mentos hit the Coke and the Cocaine remains Pure Bolivian Fish Scale.... the results are explosive. The Range here is extreme, Components on balance have been smoked and hard. Many Companies within it are Zombies Financially. Smiley Virus knows and belts it out in convincing fashion: www.youtube.com Hannah Montana impresses from time to time, this is one of those moments. ________________________________________________________________ There is a large Break ahead, failures into Q1 are assured, many entities will cease to exist in 2022. Broken, Busted, Debt Laden - Walking Dead. QE V.27 would need to expand exponentially to prop up this complete Mess. Stimmy, FED balance Sheet and more Fiscal Dead Ends all needed to Ute Higher. Possible, but the wreckage that would bring assure a Market Decline of 50%+ in 2022. Where do you want to be then... Ask yourself, who has the most to lose, the largest adjustment to make and will this transpire in a Pacific fashion... Highly Unlikely.
TVC:NYA
by HK_L61
2
NYSE 2019 December - 2020 MarchNYSE COMP is far worse off Structurally @ NOW. That said, let's see how far they will press their Luck. I don't believe Consumer Sentient is going to IMPROVE unless Uncle Sam opens up the Stimmy can o' Worms again and barfs out $10,000 checks. Odds do not favor that as we would have 3.5 10 Year Yields. It is all on the Pelican at 3:05 PM EST. I believe the Bird gets sold either today or tomorrow. We shall see, without Risk, there is no reward. The Trend, although confusing to the HERD... Remains DOWN. Unusual to be angry, but today... provides it in spades. Not about getting even, simply disgusting.
TVC:NYAShort
by HK_L61
14
NYSE COMPOSITE - Signals 15 - 20% CRASH AheadIt's comical, how the operators are so desperately trying to keep this JUNK elevated. They can game it during lower volumes, but they clearly do not have the Support from anyone other than the FED to keep this MESS up here. It is going to collapse under its own weight. ____________________________________________________________________ The FED now has one of two choices... Go Lovie Howell - Rates SKY on the release of Pigeons Accelerate Hawk - When Doves CRY Swan Lake in Trade - Pick a Vector Powell will be referred to as the "Pelican" moving forward. _____________________________________________________________________ It doesn't matter - Equities are cooked SHort Term, Wall Street is getting their Fills and they can be extreme. We have our SELL Orders Positionjed again to 44% of Capital in TQQQ NQ RTY ES SMH Momentum is to the Downside. Every One of my larger TF indicators is as NEGATIVE as they have been in since 2020. _____________________________________________________________________ A Larger SELLOFF it to be Anticipated - IMHO Watch the ES @ 4665 - this is the Pivot to SELL for R/R up to 4707. This would complete the Symmetry. I am early on TQQQ SELLS but taking them today and intend to HOLD. Full Position will be 20K presently 2K @ 170, 32 for SELL @ 171 up to prior Highs x 16 The same applies to NQ. Tech will be the largest CORE SELL POSITION ______________________________________________________________________
TVC:NYAShort
by HK_L61
2