Whoever invented the phrase "the apple doesn't fall far from the tree" should probably sell their AAPL stock immediately. If you have been following AAPL lately, you will know what I'm talking about when I say that the chart has gotten (Larry David voice) pretty, pretty... horrendous. Two daily down gaps have pretty much disassociated the stock's current price...
This damn Nasdaq... Sick of this thing already. The Nazzy, and its faithful derivatives, have been on a mission to get to whatever fib targets it was programmed by the universe to get to since early 2020. The reason I believe that this index is particularly in pin-seeking mode is because of the price level it stopped abruptly at during the September 2020...
This will certainly piss people off if it were to happen via futures trading on a holiday weekend. I'm already preparing for riots. This trap would be sick in the head.. definitely hope it happens, though. -TrapPigBulls SPCFD:SPX DJCFD:DJI NASDAQ:NDX RUSSELL:RUT NSE:NIFTY
If anybody tells you that "playing" earnings reports is the equivalent to pure-chance gambling is one or more of the following: 1) A person that has recently speculated in the wrong direction and lost all of his options equity in one afternoon 2) A very inexperienced trader or investor that plays "long ball" and thus does not waste time worrying about short-term...
Just another reference for the set of Dow posts made this week. I'm projecting this based on the Crude Futures chart, since the Dow is essentially following it identically - but is one day behind. -Pig DJCFD:DJI DJCFD:DJT SPCFD:SPX
I found at least three different timeframes that sport the same basic fractal - all of which are completing nearly simultaneously. Wonder why there are moments in the day when you feel like the market just collapsed for an instant, but then somehow survived? It is because each of these patterns of varying degree needs to complete before we can essentially drop...
I really wanted to know what assets would look like if there weren't trillions of dollars printed since the start of last year. So I started my quest with the Dow and ended my quest with the Dow. I no longer desire to know such things. What I did hear was a simple transformation by multiplying the dollar index (DXY) by DJI to account for the continuous changes...
Harmonics cannot tell lies. If the 0.886 resistance holds, we may just have our view of the top from here. Bears: 5 Bulls: 0 Pigs: Whipsawed Again -NeedToConverttoaPermaPredator SPCFD:SPX CURRENCYCOM:US500
Brutal - the best word in the English dictionary to describe a swing trader's experience over the past 5 months. But, I think it may have finally ended at 5:15 p.m. with Crude starting the closing party. Here are brief thoughts on how other asset classes may follow Crude's descent: DJI: Following Oil down immediately SPX: Following DJI down - is at its very...
Crude oil's price movement over the past year has been nothing short of absurd. In terms of logical thinking, there is nothing sound about it. How does an asset price discover a negative future value, only to skyrocket in an unhindered fashion to the upper part of its price history in under a year? See? There's no sound logic. I know, it's manipulated, and yes, I...
Despite my recent bearish bias, I am actually long APPS at the moment. Call it a hedge. I don't care what the market does to the downside next week, I'm going to hold this one until I see real live astronauts. This can be one of those "Gamestop" kind of moves, except that it has a much higher chance of seeing 1,000/share this year without needing national media...
Wow, it's been a long time since I traded in penny land. I first became an official piglet after getting roasted trading bio-pennies unsuccessfully for a year. They would pump, I would buy and they would dump. Despite being 21 years old, I should have picked up on the nature of this, rather obvious, pattern within the first 11 months. However, I did not, and I...
Ze Vix is back. Tell someone special. -ImTellingMyPigVixen
Would be more clever than cringe-worthy if I were a PermaCow. Either way, it is rare that Google's expensive stock shows such volatile daily swings. If tomorrow's red, this will be my main horse. -MeasuredOinkle NASDAQ:GOOG BITTREX:GOOGLUSD TVC:NDX TVC:SPX AMEX:FNGS
A picture is worth 1000 USD, or 1/1,000,000,000,000th of the world's top asset holding. -The Global Pig-ture FX_IDC:XAUWCU FX_IDC:XAGWCU
Not going to lie, today was probably the absolute hardest trading day I've had in years. The complexities underlying some of the moves today were not only inter-related based on recent correlations, but also for genuine fundamental reasons. For example, while the Nasdaq wants higher because of the ER calls this week, the risk-off sentiment wants gold and silver....
Now here's a seasonal trend that is worth keeping note of at the beginning of each calendar year. In my opinion, this January reading is the most important seasonal indicator that exists across markets. The reasons are two-fold: 1) When net bullish readings (At least 2/3 Components are bullish signaling) occur, the probability that the remaining calendar year...
Trading is never EZ. All I can do is pig pivot when the price action proves me wrong. -BullishBearishorPiggish BITBAY:BTCUSD BITBAY:BTCUSDT BITPANDAPRO:BTCEUR