Stock Market Today : July 16th - 20th - Page 12

Wow 1365!

Did QE just get announced?

SPY daily is through the wedge now...

Quote:

Originally Posted by o7media 

SPY daily is through the wedge now...

 Slap bang in the middle of my chart that maybe just to sexy for HSM

Gotta draw that top TL for the Wedge on the daily though.

Quote:

Originally Posted by buy4hi 

 Slap bang in the middle of my chart that maybe just to sexy for HSM

 

Picked a great week to concentrate on AAPL.  

Narrow range chop bullshit.  Gonna leave that a lone until after earnings.

Quote:

Originally Posted by Rock Sexton 

Picked a great week to concentrate on AAPL.  

 

Narrow range chop bullshit.  Gonna leave that a lone until after earnings.

so you can complain about apple trading like crap this week compared to the rest of the markets but I cant?

Apple resistance 610

At least apple isn't down everyday while the markets are up like RIMM. I bought some longer term calls waiting for a buyout, I want to use a spread to counteract time decay, but then my upside isn't worth it if it does get bought out.

Quote:

Originally Posted by buy4hi 

 Already started Mr.Oldfart!

 

My friend sent me this pic from New York last week...

 

New York eh?

All the bicycle riders look asian.  The two visible vehicles don't look american.

Where's the BS flag emoticon?

Quote:

Originally Posted by Nate01 

so you can complain about apple trading like crap this week compared to the rest of the markets but I cant?

Valid!

S&P rejected 1370 this morning which is the level that I am really hoping it breaks up above to support the belief in continued upward movement.  Why 1370?  I was only looking at the inverse H&S that should have completed a few weeks ago and moved above that level, but it has failed on a couple of instances.  Still holding long though and I think it will break out..

Quote:

Originally Posted by Nate01 

so you can complain about apple trading like crap this week compared to the rest of the markets but I cant?

You provide as much analysis as an Ant.

All you do is bitch and whine when the truth of the matter is you don't use a single shred of technical analysis......  and to compound the matter you actually think you have some vague understanding of the fundamental.

Unlike you I actually provide charts and insight on many things (not just AAPL), have been for almost 4 years.

Go away.  You don't belong on this thread.  You're one of the reasons the long time vets don't come around anymore.  I'm personally tired of it.  Used to be such a great thread for insight and being among real traders.  Now it's over run with dart throwers, hail mary guys, or karma fisherman.

Quote:

Originally Posted by Nate01 

so you can complain about apple trading like crap this week compared to the rest of the markets but I cant?

 I think what Rock meant was he has been enjoying the aapl ranges. Some traders like to pick the bottom and get calls and pick the top and buy puts as the stock is range bound.

I suspect he also has backache and needs to invest in a new wheelbarrow to stash all the cash he made from aapl this week.

Quote:

Originally Posted by z00lander 

 

Valid!

Valid my ass.  Every single post Nate has ever made is crying his butt off about AAPL.  

Gotta love noob solidarity.

Quote:

Originally Posted by Rock Sexton 

 

Valid my ass.  Every single post Nate has ever made is crying his butt off about AAPL.  

 

Gotta love noob solidarity.

I just like how you guys have turned AAPL into just another naughty four letter word! lol

Quote:

Originally Posted by z00lander 

 

I just like how you guys have turned AAPL into just another naughty four letter word! lol

You guys?

Please do not insult my intelligence by lumping me in with that compulsive gambler.

SPY target is 138 here. Even if we don't close above the wedge ..we should test that first before pulling back (if we do pull back).

Quote:

Originally Posted by Rock Sexton 

SPX features a wedge with an obvious upward channel playing out inside of it right now.  We are also lodged between a POC and a value area nearly as large.  I will naturally assume the channel holds as the wedge grows tighter and tighter.  The stock world is still waiting on something to either breakout or break down.  What either of those could be, I'm not really going to hassle myself with.  

 

 

Updated look .....

Quote:

Originally Posted by Venom08 

Ugh, BAC beats yet falls 2%. The calls I got yesterday for .15 are now .03 or something.

 yep feel your pain.. BAC .  Looked like a move to $8 with ok numbers. Lucky I had a quality stock (sina bounce ) to cover the hiccup.