Rod David – Page 1972 – If, Then… Market Timing

Morning bias

By Rod David | March 9, 2015 - 5:25 am

MON morning signal (triggered at 10:15 ET)	SPX	ES
Bias-up: above	2075.50	2074.00
…would target	2080.75	2079.25
Bias-down: under	2067.25	2065.75
…would target	2061.50	2060.00
Signal status: noN-BIAS, TESTED BIAS-UP SIGNAL		FAQ
INTRO VIDEOS #1 and #2

1. At 10:15, trading above the bias-up signal or under the bias-down signal would put into play a test of its bias-up or bias-down target.
2. Not triggering either bias signal at 10:15 would be “no-bias,” and the bias signals should define the bias environment”s range.
— A test of the opposite bias signal would be targeted if one bias signal was tested before triggering no-bias.
3. Touching the bias signal within 3 minutes either way of 10:15 would invoke a grace period through 10:30 to trigger a late signal.
— “Late” signals don”t require testing the opposite bias signal, but it”s still likely.
4. Still testing the bias signal at 10:30 after invoking the grace period would trigger “noN-bias,” with no bias influence.

Posted in Bias-parameters, S&P

The Universe, week of March 9 2015

By Rod David | March 8, 2015 - 4:46 pm

Note: I publish “The Universe” every weekend, updating my support and resistance calculations for Marijuana sector stocks. It is not a projection, but a handy reference… Non-Marijuana stocks are covered elsewhere during the week .]

Links to ||
Last week”s Universe || Prior week”s Universe || Previous week”s Universe ||

The broader sector continues to be range bound. In one way, individual performances are the exception. But in another way, they are also the rule. Reactions to positive developments continually prove that good new can attract buyers.

We can apply that rule in reverse, too. Good news that doesn”t attract buyers may be suspect. Not necessarily for its veracity altogether, but at least for its significance.

I don”t want to spotlight any singular company over another, and I should point out that these anecdotes are just that, anecdotal. There has been an endless stream of seemingly positive developments among several issues like ERBB, FITX and TRTC. Yet, their downtrends have not only persisted, but their downtrends have also extended to new lows.

So, be aware that reversing up from new lows without delay is unrealistic. And also be aware that downtrends maintained against the backdrop of good news are even less likelier to reverse up soon.

None of which prevents reacting up abruptly and aggressively from testing support. Sometimes, from barely touching or attacking support. Just be aware that those reactions are likely only temporary.

Marijuana Stock Universe for March 9, 2015
Reference this table during stock reactions
4-week	# up:	16	14.55%
trends*	# flat:	27	24.55%
	# down:	67	60.91%
*The percentages of stocks rising or falling over 4 weeks.

symbol	support	resistance	4-week trend
ACAN	0.050	1.260	down
ACGX	0.000	0.003	flat
AERO	3.550	4.550	flat
AGTK	0.015	0.103	down
AMMJ	0.360	0.570	down
ARNA	4.150	5.300	up
ATTBF	0.093	0.175	flat
AVTC	1.050	1.480	down
AXXU	0.066	0.377	down
BLOZF	0.280	0.570	up
BLPG	0.120	0.370	down
BNRDF	0.605	0.795	flat
BRDT	0.032	0.094	down
BTFL (cank)	0.071	0.232	down
CANL	1.050	1.570	flat
CANN	3.150	6.700	down
CANV	2.380	3.470	flat
CARA	9.960	12.450	up
CBCA	n/a	n/a	down
CBDS	5.100	8.150	down
CBGI	0.002	0.015	down
CBIS	0.045	0.065	down
CGRW (bzcn)	0.530	0.960	flat
CHUM	n/a	n/a	down
CNAB	1.185	2.035	up
CTCO	0.060	0.330	down
DEWM	0.001	0.004	down
DIGP	0.025	0.100	down
DSCR	0.000	0.025	down
EAPH	0.013	0.028	flat
EDXC	0.031	0.077	down
ENDO	0.014	0.031	down
ENRT	0.048	0.100	flat
ERBB	0.009	0.013	down
ETST	n/a	n/a	down
EXMT	0.000	0.004	down
FITX	0.008	0.016	flat
FOFU	0.025	0.066	up
FRTD	n/a	0.008	flat
FSPM	0.018	0.460	flat
FULL	3.550	4.140	down
FWDG	0.005	0.018	down
GBLX	0.208	0.486	down
GRCU	0.003	0.008	flat
GRNH	0.090	0.174	down
GWPH	79.900	87.650	up
HEMP	0.032	0.048	flat
ICBU	0.004	0.011	down
IGPK	n/a	n/a	down
IGRW	0.000	0.002	down
IMLFF	0.236	0.320	up
INCC	0.001	0.007	flat
INSY	55.000	61.750	up
ITNS	0.006	0.011	down
LATF	0.001	0.003	down
LXRP	0.060	0.129	flat
MCIG	0.009	0.177	down
MCPI	n/a	n/a	flat
MDBX	0.950	2.270	down
MDCN	0.000	0.168	down
MDRM	0.024	0.060	down
MINE	0.007	0.014	up
MJMD	0.000	0.015	down
MJMJ	0.020	0.499	down
MJNA	0.099	0.160	down
MJNE	n/a	n/a	down
MNTR	0.810	1.550	flat
MYEC	0.012	0.027	down
MYHI	0.070	0.330	down
NDEV	0.200	0.440	flat
NRTI	0.014	0.048	flat
NTRR	0.027	0.148	down
OGRMF	0.304	0.615	down
OSLH	0.002	0.009	down
OWCP	n/a	n/a	n/a
OXIS	0.036	0.056	up
PAUFF	n/a	n/a	down
PHOT	0.019	0.065	down
PKPH	n/a	n/a	up
PLPL	0.220	0.315	down
PMCB (nvlx)	0.098	0.188	down
PNTV	n/a	n/a	flat
PZOO	0.005	0.020	down
QEDN	0.001	0.007	down
REDG	0.000	0.003	up
RFMK	0.000	0.002	down
RSSFF	0.069	0.266	flat
SING	0.008	0.017	up
SKTO	0.000	0.004	down
SPRWF	0.198	0.283	down
SRNA	0.150	0.350	down
STEV	0.071	0.100	flat
TAUG	0.012	0.017	flat
THCZ	0.026	0.041	up
TRTC	0.165	0.232	down
TURV	0.410	0.775	down
TWMJF	1.670	2.250	flat
UPOT	0.150	0.550	down
USEI	0.000	0.003	flat
UTRM	0.000	0.000	down
VAPE	0.490	0.930	down
VAPR	0.030	0.090	flat
VGPR	0.000	0.002	down
VHUB	0.019	0.040	down
VPCO	0.820	1.290	down
VPOR	0.002	0.038	down
VRCI	0.000	0.009	down
WDHR (anyi)	0.000	0.002	down
WOGI (cybk)	0.004	0.009	up
XTRM	0.003	0.007	up
XXII	0.710	1.160	down
ZDPY	n/a	n/a	n/a

Posted in Bigger Picture

Saturday Review’s recording and transcript (for 3/7/15)

By Rod David | March 7, 2015 - 12:24 pm

[MY NEW TRANSCRIPTIONIST IS EXPERIENCING DIFFICULTY, SORRY FOR THE DELAY… COMMENT ON THIS POST IF YOU WANT ME TO NOTIFY YOU WHEN A TRANSCRIPTION IS AVAILABLE]

Thanks to all who attended this weekend”s Saturday Review. It was standing room only (sorry that I forgot to bring any chairs). Click here to view the recording. The accompanying chat is pasted below. And below that (as soon as I receive it) you”ll find a transcript of the first half”s market discussion.

Rod David: WELCOME TO THIS WEEKEND”S SATURDAY REVIEW. WE”LL BEGIN (EARLY) AT 9:00AM ET.
c d: hi
Mark : gm
M K: trend is your friend
M K: when does that statement stop being true
M K: =)
M K: was that mar 4 low optimism?
M K: also yesterdays low got close to filling the gap
M K: should provide some magnitism to it?
M K: ok
M K: OK
Mark Glezer: what close would signal a trend reversal?
M K: AAPL
M K: AMZN
M K: LNKD
M K: BWLD
M K: FB
M K: LL
M K: NFLX
M K: RH
M K: TPX
david b: BAC,USB
M K: SODA
M K: HD
M K: IBB
M K: And I”m done
tamara : AFL,KING,CEO,IBB,BIIB
M K: honestly
M K: no worries on mine
Mark Glezer: trend reversal on ES – Q
M K: i”ll bring something up during the week
M K: if its actionable
david b: MU,GMCR
M K: I”ll cherry pick
M K: RH at waht point if short would you cover 1 more higer close?
M K: TPX – would you press a short on a close under 53.70
M K: SODA looks super weak. Interested in bottom fishing
M K: OK
M K: OK sound sgood
M K: have a good weekend
M K: can you flag
M K: an island?
M K: ok
david b: thanks

Posted in S&P, Saturday Review

REMINDER: This morning”s Saturday Review

By Rod David | March 7, 2015 - 7:26 am

REMINDER:
This morning”s Saturday Review begins 30 minutes early at 9:00am ET, here:
https://roddavid10.mitel-nhwc.com/join/shkphyy
We”ll end one hour later. Any stock chart analysis not done by then will answered Monday morning. Thank you!

Posted in S&P

Here”s the recording for Friday”s

By Rod David | March 6, 2015 - 4:32 pm

Here”s the recording for Friday”s post-close Market Wrap:
https://roddavid10.mitel-nhwc.com/join/vsmcczp

And, heads-up — tomorrow morning”s Saturday Review
will begin 30 minutes earlier than usual at 9:00am ET.
I”ll send log-in instructions in the morning… Sorry!

Posted in S&P