Decoupling can also occur in real life... ...like when you stop receiving texts from someone ...or when you have a lot more paperwork to sign ...or when monthly expenses triple knowing that inflation is no longer possible... - De-Cup-Pig TVC:SPX OANDA:XAUUSD TVC:NDX TVC:DJI TVC:SILVER
Don't fear the whips. Rip the whips or get sawed by the diametrically opposed mega-move opinions in either direction. - Coolwhhip Pig CURRENCYCOM:US500 CURRENCYCOM:US500 spy GLOBALPRIME:US500
For hard-working, barely profitable students of the market - see the wave count above for a possible alternative take on the S&P's 9-month pattern. I see this as a huge ending diagonal beginning in March and ending soon (hopefully). For everyone else - do not look at the wave count, proposed ending pattern nor any other visual unless highlighted in purple. You...
It is uncommon to see either one of these ending fifth wave patterns clearly displayed on the daily timeframe or higher on an equity index. To see both complete simultaneously would be electric and quite scary. Close above 3700 on the daily and truncation is invalidated; close above 3700 on the weekly and the ending diagonal is also likely invalidated. Close...
When I fly Delta back in the day of organized air travel, I was this close to obtaining Platinum status. Unfortunately, I was only able to achieve stupid Gold status, which is obviously not as good as Platinum. Obviously. Why on rare metal Earth is platinum/oz. nearly half the price of gold/oz. if Deltas platinum status is so much rarer to obtain than gold...
As a full-time trader, my friends and family assume that I am a financial planner. I am not, for the hundredth time. But I can analyze charts of financial stuff, so I decided to see if I could prepare a robotic answer for people going forward without the guilt of ignorantly misleading them. Thus, I broke down the main asset classes that normal people would...
Ever wonder what it would be like to have your cake, and eat it too? Go ask Paylocity - it's the biggest mooch on the street. Why am I starting with the optional/bonus part of this position? It is because: 1) APPS technicals are so profoundly bullish that I may just avoid mentioning them entirely in this description, and 2) It's pretty damn funny to observe...
The Annual Gold Cycle is one of the most useful and consistent trends that exist across markets. The reason I think so is because of what higher demand for gold can contextually imply about general risk sentiment. For example, knowing that November is a time-tested period for increased gold demand, one can ascertain the general appetite of other risk assets based...
Did I recently post a short idea on Tesla? Yes, yes I did. Did I publish the short idea as a Piggish Play? No, but I did post a Piggish Play longing Tesla a few months back. Conclusion: I practice Piggishness, which means I can objectively avoid loss due to ego. In this case, I can objectively say that Tesla is not a good stock to short at the moment. Eh,...
Believe it or not, this only took me 5 minutes. If only my Pig-Peg was timed properly, could have saved so much time.. - Crackhead Pig TVC:NDX CURRENCYCOM:US100 TVC:DJI CURRENCYCOM:US30 TVC:SPX CURRENCYCOM:US500
Really Absurd! Think about how not-so-coincidental that is and what that could mean about the universe... Or don't and just use the damned thing because it works. - Ind-Pig-ator NASDAQ:ROKU TVC:NDX CURRENCYCOM:US100
Found this little technical abnormality by accident. That's a pretty severe deviation from the VI - historical mean. See Below for Logic Listed in Black Box: 1) IF (VI -) is currently reading an extreme all-time low 2) THEN Prob(mean reversion) is very high 3) IF (VI +) is also at all-time low AND (VI +) broke down from 20-year sideways...
See related idea below for technical analysis months ago. Not for the faint-hearted. GL. NASDAQ:NVDA TVC:NDX
Cardlytics (noun) - the study of companies that create a purposefully enigmatic and cool-ish-sounding name to attract investors without the need for a profitable business model. Cardlytics (noun) - the best possible company to short on Monday afternoon before it announces its quarterly numbers after the close. What does Cardlytics do you might ask? They...
So here's how I see this dizzying market shaking out on Monday: 1) The Dow (S&P, NSDQ, etc.) will either continue to follow this predetermined path painted above or, 2) The white horizontal line in the top chart gets breached and we're about to head towards parabolic stupidity and 100x Price to Sales Ratios (standard, of course) The great part about this...
So many tops, how can you not buy? CURRENCYCOM:US30 DJCFD:DJI CURRENCYCOM:US500 SPCFD:SPX CURRENCYCOM:US100 NASDAQ:NDX
Stamps.com is trading over 250 dollars/share. That's hilarious. I'm not going to belabor the fundamental situation as it pertains to its incongruence with reality, so I'm going to focus on the technical setup we have here. There are two clearly defined channels displayed above; the rising price channel and the sinking RSI channel. When this combination persists...
IBM is so... so. What I mean to say is that IBM is the epitome of mediocrity. The stock price ebbs and flows with the zeitgeist of the overall market. Seeing how this stock has paved its way into a well-established, clear downtrend, the play is rather straightforward given the in-line status update last night: 1) When you see yellow flames, they either: i)...