Page 612 of 674 FirstFirst ... 112512562602610611612613614622662 ... LastLast
Results 7,333 to 7,344 of 8078

Thread: coolhand's Account Talk

  1. #7333

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Quote Originally Posted by 1965Vintage View Post
    Wow. I respect your opinion. But this is a fools market. In my opinion of course....
    Soon we shall see. I wish the best for all!
    Thanks again for your daily perspective. It is a valuable part of my research. I value your opinion.
    Live long and prosper!coolhand's Account Talk



    Sent from my moto z3 using TSP Talk Forums mobile app
    There has been numerous times over the months that I have cautioned that this market is extremely deceptive. I tell folks to watch the daily X22 Report to get an idea of why I say so. However, I can't be a perma bear as the market can be irrational longer than any of us can remain solvent. So, I follow the indicators that I like and set my underlying concerns about the market aside and simply let folks know what I see on a daily basis. I've stated such in the past. No one should be surprised when the bull goes down, however. We just can't predict it with any precision.

    Thanks for the drive by.

  2.  
  3. #7334

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Bulls and bears battled to somewhat of a draw today.

    This evening, the CBOE is neutral. TRINQ is bullish (Naz) for Friday. Breadth ticked a bit higher and remains bullish, but in a horizontal trading channel.

    NAAIM came in relatively unchanged, so they remain collectively bullish.

    Friday looks like it may be a positive day. My longer term outlook remains bullish.

  4.  
  5. #7335

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    The market closed out the week last week relatively unchanged. Friday's rally was a big boost for the bulls. The chart(s) show a possible "V" bottom or a bull flag. But price is near resistance, so we'll have to see if price can move past it.

    Cumulative breadth, which was under pressure early last week, is now at another high for the NYSE. Amazing how fast things can turn.

    The CBOE is neutral for Monday. TSP Talk is less bullish, but still bullish. NAAIM is also bullish, and that's the one to follow.

    Still not change to my outlook, which is bullish. Seasonality gets more bullish as we move forward, so the bulls have some leverage to drive this market higher.


  6.  
  7. #7336

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    The market opened the week with a moderate pullback this Monday. It was a perfectly healthy dip and price remains near its highs on both the S&P and DWCPF. This is an area of resistance, but I expect price to eventually push through this area to upside.

    My indicators did not change much today. The CBOE is neutral. Breadth remains bullish.

    I remain bullish.

  8.  
  9. #7337

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Very few can understand how the CB operates at the highest levels, but for those of you who have at least some basic understanding, you might be interested in this post...

    "It's About to Get Very Bad" - Repo Market Legend Predicts Market Crash in Days! | Markets

  10.  
  11. #7338

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Price danced above and below the neutral line on the charts today, settling modestly lower at the close. The action did little to change my indicators.

    This evening, the CBOE is bearish. TRIN and TRINQ are neutral. Breadth dipped slightly lower, but remains bullish.

    The market seems to be having some trouble near its peak as resistance is holding so far, but I suspect the market is waiting for some kind of event to propel higher. I say higher because this is still a bull market and the longer term should kept in that context. Yes, many of us are aware that things are not what they seem, but good luck predicting exactly when "it's different this time".

    I remain bullish.

  12.  
  13. #7339

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    It was another choppy trading day, but this time the averages closed above the neutral line. Still, it was nothing to get excited about, though the bulls can remain confident given price is holding not far below resistance. At some point, I expect that resistance will get tested and I am leaning toward an upside break when it does.

    The CBOE has not reported at the time of this writing. TRIN and TRINQ are neutral. Cumulative breadth ticked higher on the NYSE and hit another high. It's has been and remains bullish.

    NAAIM reports tomorrow. I remain bullish.

  14.  
  15. #7340

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    The S&P 500 broke out to the upside today, which I've been expecting. The DWCPF, which also rallied, did not break out. But it isn't far from doing so if can sustain an upward bias heading into the holidays.

    The CBOE is bullish for Friday. TRIN and TRINQ look bullish for Friday as well.

    NYAD.png

    Cumulative breadth on the NYSE has come on smartly over the past week and half or so. You can see by the chart it is breaking to the upside after more than a month of range bound movement.

    NAAIM came in relatively unchanged, which is bullish.

    Today's bullish action coupled with the bullish indicators I've noted above suggests this upside move may have legs. Seasonality also supports that outcome.

    I remain bullish.

  16.  
  17. #7341

    Default Re: coolhand's Account Talk

    Quote Originally Posted by coolhand View Post
    The S&P 500 broke out to the upside today, which I've been expecting. The DWCPF, which also rallied, did not break out. But it isn't far from doing so if can sustain an upward bias heading into the holidays.

    The CBOE is bullish for Friday. TRIN and TRINQ look bullish for Friday as well.

    NYAD.png

    Cumulative breadth on the NYSE has come on smartly over the past week and half or so. You can see by the chart it is breaking to the upside after more than a month of range bound movement.

    NAAIM came in relatively unchanged, which is bullish.

    Today's bullish action coupled with the bullish indicators I've noted above suggests this upside move may have legs. Seasonality also supports that outcome.

    I remain bullish.
    I went against your calls. Big mistake!
    My IFT's are done for Dec./19.
    This market makes no sense to me!
    But I should learn to listen to folks that are smarter than me! coolhand's Account Talk
    Thanks for your perspective.
    It is very, very valuable!


    Sent from my moto z3 using TSP Talk Forums mobile app

  18.  
  19. #7342

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Quote Originally Posted by 1965Vintage View Post
    I went against your calls. Big mistake!
    My IFT's are done for Dec./19.
    This market makes no sense to me!
    But I should learn to listen to folks that are smarter than me! coolhand's Account Talk
    Thanks for your perspective.
    It is very, very valuable!


    Sent from my moto z3 using TSP Talk Forums mobile app
    YW!

    Yes, things are crazy. And sooner or later this market will roll over. There are no shortage of very visible pros out there who expected this market to fall apart years ago.

    Manipulation can be exercised with long term success. Eventually, it too will fail, but it is almost impossible to predict with accuracy.

  20.  
  21. #7343

    Join Date
    Feb 2008
    Location
    Smithfield, VA
    Posts
    934

    Default Re: coolhand's Account Talk

    I tried fighting the bull market last year by sitting on the sidelines after getting crushed earlier thinking a correction was coming. I went all in after I had enough and havent looked back. Forget trying to fight and time this current market.

    Sent from my SM-N950U using Tapatalk

  22.  
  23. #7344

    Join Date
    Oct 2004
    Location
    Orlando, FL
    Posts
    6,550
    Blog Entries
    1150

    Default Re: coolhand's Account Talk

    Last week, the C and S funds both closed out with weekly gains; though the S fund was only marginally higher. The S fund has lagged the C fund for some time now, but it is still bullish.

    The CBOE remains bullish (for Monday). TSP Talk sentiment shows that we are heavily bullish. NAAIM, the most important sentiment reading that I follow is also bullish.

    Cumulative breadth on the NYSE remains bullish. I don't mention seasonality much anymore, but this time of year it is hard to ignore. It is historically bullish.

    There are reasons to not trust this market despite the bullish indicators that I follow, but market direction is heavily influenced at the top as many of us have noted. And that influence can go on seemingly forever. It is not (and hasn't been for a long time now) a free and open market. Fundamentals are not of much value. Those are manipulated too. I hope some of you are listening to the X22 Report. They do a great job of framing reality.

    Having said all that, I remain bullish based on the indicators alone.


  24.  
Page 612 of 674 FirstFirst ... 112512562602610611612613614622662 ... LastLast

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
SPY (C Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
DWCPF (S Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
EFA (I Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)
BND (F Fund) (delayed)
coolhand's Account Talk
(Stockcharts.com Real-time)

Yahoo Finance Realtime TSP Fund Tracking Index Quotes