Thread: Bear Cave 2 (Bull Allowed)

SPX daily:

SPY weekly/Put call ratio: Similar, but better then the chart I posted.

VIX Squared Retweeted
VIX Squared
@vixsquared

19h
$spx put /call ratio weekly
https://twitter.com/vixsquared/statu...844545/photo/1

SPX daily: A new all time high! The buy and hold folks love this market.......

IWM weekly: We shall see if it can move above the upper BB and continue higher. A tad stretched above the 100 wma. ( The 100 wma is the purple line)


IWM daily:https://stockcharts.com/h-sc/ui?s=IW...46&a=968130924

$CPCE daily: A tag of .35.... This indicator only gives a warning signal.

Bottom Line: The trend remains up!

IWM daily: For buy and hold basically a sideways move since Feb, but tagging the upper and lower BB during the move. Good for trading, but not easy to trade. We should get another go at the all time high soon.

IWM monthly: Easier to see the sideways move on the monthly chart. This is month 15 for the yearly cycle.

I went 100%G on the 9th. so, it should all explode to the upside now! LOL

Originally Posted by mmk119

I went 100%G on the 9th. so, it should all explode to the upside now! LOL

It might keep moving higher, but this is about Risk Management. I still don't have a sell signal, but I sure don't want to be a 100% in stocks. The SPX/SPY has been moving sideways since April even though it just made a new all time high.

Another new high this morning. Cash is a position too..... We are getting deeper into this yearly cycle.....

Bottom Line: The short term trend remains up. Trending above the 20 dma (red line and daily closing price) is a hold long positions for MT trading with my system, and move below the 10 ma is a reduce shares signal. Many investors use the 20 dma. I'm currently using the 5 , 10 and 20 dma, but buy and hold/BTFD has done well too for over a year now.

Lots of systems out there and they charge lots of money for there signals. Stay away from systems and paid service that use 3X like this guy does. They are account killers, and they get whipsawed often. Tom and others here are much better for TSP and trading at Vanguard.

https://twitter.com/SevenSentinels?r...Ctwgr%5Eauthor

SPX daily: Not even close to a sell signal. The ST trend remains up!

I just trade the trend and funny mentals don't matter to my trading system.

David Rosenberg: Stock prices haven't been this disconnected from the fundamentals since the dotcom bubble
Until prices adjust, lower your expectations for future returns
The bigger picture brings us back to our belief that the unrelenting surge in stocks following the COVID-19 crash has merely been an extension of the prior bull market and that the exceptionally strong gains we have seen are just robbing from future returns.

From our standpoint, we did not experience the prolonged shakeout that is typically required to reset the equity market. As such, until prices adjust (either through a correction or by simply treading water) to better align with fundamentals, we believe forward return expectations (for equities as a whole) should be adjusted downward accordingly.
https://financialpost.com/investing/...box=1623404766

Top corporate insiders keep smashing their previous all-time records of the total U.S. dollar amount of insider selling relative to insider buying which were also set in 2021.


According to the reliable Asif Suria of Insider Weekends, edition 571, the total U.S. dollar value of insider sales last week was 2.26 billion dollars versus a mere 46.04 million in total insider buying which is a ratio of more than 49.08 to 1. This kind of number would have been unimaginable as recently as last year--or any other past year in U.S. history.

Kaplan

True Contrarian
@TrueContrarian

Jun 9
If I had to choose between trading during the first hour the market opens or all the rest of the hours until the close, I would take the first hour. Most of the trading action opportunities is then, e.g. I placed some shorting orders on my ladder for #QQQ this morning.
https://twitter.com/TrueContrarian?r...Ctwgr%5Eauthor