Saturday Review
Saturday Review’s recording (for 10/29/16) …
Friday’s news and the market’s reaction didn’t much change the pattern that was developing into Friday’s open. And the pattern at Friday’s close probably wasn’t much different than it would have been otherwise. At least, not in terms of possible resolutions. We discuss those possible resolutions, their likelihoods, and more, in this weekend’s Saturday Review.
The following stock requests were reviewed in this order:
GOOGL, MSFT, WDC, AMZN, AAPL, NVDA, TXN, BAC
| 10/29/2016 09:31:56 David B: Good Morning 10/29/2016 09:32:08 Mark Glezer: gm 10/29/2016 09:59:42 Mark Glezer: how long an non-durable gap up can last – probably not too long since all recent gaps up were reversed to fresh lows? 10/29/2016 10:04:51 David B: On monday when you talked about an anchor, is this generally strong hands? 10/29/2016 10:08:26 Mark Glezer: 2.9% growth suggests that a rate hike is coming very soon & mkt does not like it even though it knows it’s coming 10/29/2016 10:16:18 Mark Glezer: we’ve been range bound in the past few weeks, do u think a durable break out is coming soon, perhaps induced by election’s volatility or not necessarily? 10/29/2016 10:17:46 Mark Glezer: === 10/29/2016 10:17:57 Mark Glezer: same for a break lower? 10/29/2016 10:19:23 David B: MSFT,WDC 10/29/2016 10:21:37 David B: can you do msft after 10/29/2016 10:22:10 David B: i’m seeing googl 10/29/2016 10:22:16 David B: chart 10/29/2016 10:22:31 David B: i’m seeing googl 10/29/2016 10:22:36 G: googl 10/29/2016 10:22:51 David B: yes 10/29/2016 10:29:51 David B: NVDA,TXN 10/29/2016 10:35:04 Mark Glezer: thx much 10/29/2016 10:35:18 David B: thanks |
Saturday Review Link
News affecting the US elections popped-up suddenly Friday. Was the reaction to it premature? We’ll discuss that (trying not to be too sophomoric), and identify any patterns that developed or resolved last week which may have affected the Bigger Picture outlook.
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!
Saturday Review’s recording (for 10/15/16) …
Last week’s pattern did some real and lasting damage to the chart. There’s a path higher — there’s always a path higher — and we discuss how to recognize it in this weekend’s Saturday Review. But there’s no durable path higher, not without first neutralizing newly-created “unfinished business below.” And the process of doing that has potential to tumble deeper and deeper. Saturday Review details that unfinished business and the deeper potential.
The following stock requests were reviewed in this order:
BAC, CMG, BREW, DUST, GDXJ, VRX
10/15/2016 09:31:48 Rod David: Starting a couple of minutes late…
10/15/2016 09:35:08 Mark Glezer: gm
10/15/2016 09:55:51 Mark Glezer: NDX was up 43+ & erased all of it
10/15/2016 09:56:33 Mark Glezer: flat open would favor downside on Mon?
10/15/2016 09:58:06 Mark Glezer: BAC
10/15/2016 09:59:09 ljr mobile: $CMG, BREW, DUST,
10/15/2016 10:00:37 Mark Glezer: maybe CMG has been going down since I haven’t been there in awhile
10/15/2016 10:01:25 Mark Glezer: :)
10/15/2016 10:03:13 Mark Glezer: VRX
10/15/2016 10:03:40 Mark Glezer: still trying to anticipate a big drop
10/15/2016 10:06:09 Mark Glezer: off its own weight?
10/15/2016 10:06:43 ljr mobile: XLF if you have time… Thx
10/15/2016 10:07:31 Mark Glezer: thx much
Saturday Review’s recording (for 10/8/16) …
If there were such a thing as “inside week,”. then last week would have qualified. It developed exclusively within the prior week’s range. So, it has created some new support and resistance that has its own influence and predictive value. We discus that during this week’s Saturday Review, and the bigger picture, along with instant chart analysis of the stocks listed below.
The following stock requests were reviewed in this order:
QCOM, AAPL, CBI, VEEV, GDXJ, EGDFF
10/08/2016 09:35:42 MK: this is the 4th double inside week in the past 20 years
10/08/2016 09:35:58 MK: 2 happened in 2000 near the top
10/08/2016 09:36:08 MK: 1 in 2008 near the top
10/08/2016 09:36:11 MK: and now
10/08/2016 09:37:07 MK: the previous occruances had one last higher high that sealed the top
10/08/2016 09:37:31 MK: occurrences
10/08/2016 09:54:57 MK: can you also do TFZ6?
10/08/2016 09:55:05 MK: RUT has outperformed recently i think
10/08/2016 09:57:59 MK: ok
10/08/2016 09:58:00 MK: thanks
10/08/2016 09:58:07 MK: didn’t realize the chart didn’t look that great
10/08/2016 09:59:08 MK: yeah
10/08/2016 10:01:41 MK: QCOM
10/08/2016 10:01:44 MK: AAPL
10/08/2016 10:03:14 MK: CBI
10/08/2016 10:10:48 MK: VEEV
10/08/2016 10:11:01 MK: At some point i’d like to buy CBI
10/08/2016 10:14:31 MK: This is a short idea
10/08/2016 10:17:17 MK: yes
10/08/2016 10:17:30 MK: EGDFF
10/08/2016 10:17:33 MK: if you don’t mind
10/08/2016 10:18:53 MK: RE: GOLD i read somewhere that the 3x levered stoks had something to do with the “severity”
10/08/2016 10:18:59 MK: of this gold move
10/08/2016 10:19:04 MK: tail wagging the dog so to speak
10/08/2016 10:19:52 MK: just talking about gold
10/08/2016 10:19:54 MK: in general
10/08/2016 10:22:09 MK: have a good one
10/08/2016 10:22:52 Mark Glezer: thx!
Saturday Review Link
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!