Saturday Review

THE ORIGINAL RECORDING LINK WAS INCORRECT. ITS CORRECTED LINK IS BELOW. I APOLOGIZE FOR ANY INCONVENIENCE. ENJOY THE WEEKEND!

Friday Factors were at work into the week’s end, as they were the prior week and almost every week. Saturday Review discusses their basis and variety of effects. We also drill down on one Friday Factor setup, which doesn’t happen every week, but leads to a very low-risk setup. Then the bigger picture discussion addresses the next higher potential objectives, and what would derail them.

 CLICK HERE TO WATCH

The following stock requests were reviewed in this order:
MU, TXN, ADBE, ROKU, MOS, TRUP, AYX, ORCL, CRM, GE

(03/10/2018 09:31)
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you.

David B: Good Morning

Bill G: gm
(03/10/2018 10:06)
ljr:  opex this week. wider ranges expected?
(03/10/2018 10:09)
ljr: if we get a retest or lows. do u them to ct hold them

ljr: yes

David B: what would indicate we are going to test new highs?

David B: a close above 2818?
(03/10/2018 10:13)
ljr: my

ljr: mu

ljr: not my

David B: TXN,ADBE
(03/10/2018 10:21)
ljr: roku,
(03/10/2018 10:24)
ljr: mos, trup ayx
(03/10/2018 10:33)
ljr: earnings?

ljr: not sure
(03/10/2018 10:36)
David B: ORCL,CRM,GE
(03/10/2018 10:52)
Bill G: Have a good one

David B: Thanks

Friday’s ultimate bounce may have saved the week from capitulation, but it helped the 1987-style crash template maintain its timing.In this weekend’s Saturday Review, I describe the correlations and their consequences, while also identifying interim price levels that might fine-tune expectations.

 CLICK HERE TO WATCH

The following stock requests were reviewed in this order:
BABA, BIDU, GILD, QCOM, NFLX, WDC, ROKU, GOOG, ABBV, AAPL, AMZN, FB

Rod David: Welcome to Saturday Review… Please post questions and other thoughts as they occur to you.
—————– (03/03/2018 09:31) —————–
David B: Good Morning

Bill G: gm
—————– (03/03/2018 09:49) —————–
Bill G: Maybe a smaller IHS on Thurs and Fri?
—————– (03/03/2018 09:56) —————–
ljr:  any level that negates that low or crash, and are we limited in time to keep cras alive?
—————– (03/03/2018 09:57) —————–
Bill G: Ref 1987, I think their is a possibility that we are in the period from the Oct low to the test in early Dec?
—————– (03/03/2018 10:05) —————–
Bill G: If the above is true, we probably have another 10 trading days to go
—————– (03/03/2018 10:06) —————–
Bill G: y

ljr: any similarities with the 2015 aug drop that was limit down?
—————– (03/03/2018 10:08) —————–
David B: do you think the friday unemployment report will play into this week since inlation has been on the markets mind?

David B: inflation
—————– (03/03/2018 10:10) —————–
Bill G: This whole correction may be a shot across the bow that sets up for even a bigger drop after a new high later this month or April?
—————– (03/03/2018 10:11) —————–
ljr: Monday
—————– (03/03/2018 10:17) —————–
ljr: is it safe to assume nq to outperform on downside as we retest lows or possible crash? (I have qqq puts)
—————– (03/03/2018 10:22) —————–
ljr: stocks: BABA, BIDU, ROKU,

ta,ess,amm: gild qcom

David B: NFLX,WDC
—————– (03/03/2018 10:37) —————–
ta,ess,amm: goog,abbv,aapl,amzn, fb
—————– (03/03/2018 10:43) —————–
ljr: thx for today…ill watch recording later
—————– (03/03/2018 10:45) —————–
ta,ess,amm: yes
—————– (03/03/2018 10:55) —————–
ta,ess,amm: thank you

David B: Thanks

Bill G: thanks

The first Saturday Review in several weeks covered a lot of ground. It begins with a review of the price action that developed into early February’s low and its subsequent retest. Price action since then is tracked to understand the significant juncture that last week’s pullback and recovery have reached. And it’s all compared to the 1987 reversal pattern that is tracking with eerily similar timing and structure. All of which brings the market to a critical decision it will likely make this Monday or Tuesday, and the specific paths possible from there. Attendees offered insightful and helpful comments and questions, to which viewers of the video are welcome to add.

 CLICK HERE TO WATCH

The following stock requests were reviewed in this order:
AMZN, TSLA, MU, SHOP, NFLX, AMAT, AMD

Rod David: Welcome to this weekend’s Saturday Review. Please post questions and comments as they occur to you. Thank you!
—————– (02/24/2018 09:36) —————–
David B: Good Morning
—————– (02/24/2018 09:56) —————–
Bill G: In 1987 when the spx made a lower high in early Oct the Nasdaq made a new high
—————– (02/24/2018 09:59) —————–
ljr ipad: would we expect a bear market if it follows the 87 analogy?

ljr ipad: similar to 2008?

Bill G: I’m talking about the current rally we are in
—————– (02/24/2018 10:05) —————–
Bill G: If we get a test of the low from a couple of weeks ago will not have the spt of the 200 day ma similar to what happened in 1987. Went through the 200 day
—————– (02/24/2018 10:07) —————–
ljr ipad: q: if we get a retest of the high, is there a possibility of new upleg?
—————– (02/24/2018 10:11) —————–
Bill G: My point earlier was that this rally may get a new high in NQ while the es may not ,similar to the test of high in 1987
—————– (02/24/2018 10:22) —————–
David B: AMZN

ljr ipad: stocks: TSLA! MU
—————– (02/24/2018 10:23) —————–
ljr ipad: SHOP, NFLX

ljr ipad: AMAT
—————– (02/24/2018 10:41) —————–
ljr ipad: curious, key vs pivot…anyone better than the other?
—————– (02/24/2018 10:47) —————–
ljr ipad: thx

Bill G: Thanks

David B: Thanks