Stock Market Intraday Chat: May 7 - May 11 - Page 17

just kidding

 

 

What was Rando saying about AAPL?   Blast off? Well charts suggests buyers..

 

VXX fading away..   really sorry about chart quality.. I am trying honest!

 

 

Whats wrong with the chart quality?

 

Looks like a chart to me...

It looks like they want to test it today lol

I think he was apologizing for Nowwhat's charts.

AAPL flirting with green, now slapping its derriere.

AAPL is in the green now?

Oh man! I sold my GOOG calls at $609. That was way too early as its now at $614. FML.

Gap fill anyone?
 

SPY 1 min giving some hints that we are seeing some distribution in the last 40 minutes of this nice run off the lows... hard to say, but on the heels of such good volume selling earlier, it should be either that or a sign that buyers have a lot of renewed interest. Yeah, not so helpful, but throwing it out there to see if anyone else noticed and/or has strong takes on this action since about 2:30. These times of day for inflection points are becoming more consistent. 10:30, 11:00, 2:30 seem to be the big times these days. 9:50 and 3:20 were great for a while, but these other three times seem to rule the roost right now.

Wow, this move is pretty good... SPY 1 min now showing repeated pattern of new highs, now it seems like it is algo-driven buying (chart patten is very robotic), perhaps there is news coming or they just identified an overload of shorts who are now probably changing their drawers.

GOOG being a champ, taking out the morning highs

I was just thinking the same thing, nice call

damn.. been waiting for an RL move soon.. need some new polos

 

ugh.. 177 last thursday to 154 today

Gold weekly chart

 

good observation....possible previews of coming months?

Haha a little. But I'd rather kick myself for getting out to early with minimal losses than getting out late with big ones.

I don't understand how UVXY works...but I assume when the market is doing bad it does good?

Hope you got out around $16.

 

Blah was a day off.

 

Just above it with a low of 134.92 today.

 

I'll say it again "I don't can't day trade"  and I think that's an important disclosure. But here is my $.02 worth....

 

Almost every sector I track has broken their channels... see here.

 

... and leadership seems to be breaking down (shown here)

 

maybe not tomorow or the next day but in my mind the trend is down no matter how I look at it.

 

I'm not tooting my own horn (O. K maybe just a little) .....

 

it is really that easy???