Saturday Review’s recording (for 2/20/16) …
This weekend’s review looked closely at the bullish WedEX signal currently in-play. It’s halfway through influencing Friday afternoon and Monday morning, with specific expectations for its resolution. We also reviewed the bigger picture context of the recent rally effort.
The following stock requests were reviewed in this order:
SIG, HD, BLUE, AAPL, ECPG, MERC, RYCEY, WFC, ABTL, BMO, CACC, EQIX, FB, JBHT, BABA, TWTR, SBUX, TNA
02/20/2016 09:31:59 sm: good
02/20/2016 09:33:08 Mark Glezer: gm
02/20/2016 09:33:19 david b: good morning
02/20/2016 09:36:31 charlie: hi0
02/20/2016 09:46:01 MK: what about thursday (11) to friday (12) gap
02/20/2016 09:51:28 MK: IMO
02/20/2016 09:51:48 MK: 3 gaps in trending usually winds up not successfully gapping higher again without digestion
02/20/2016 09:52:05 Mark Glezer: 1940 area should be probed & rejected if the intent is to not to form a bottom around 1740?
02/20/2016 10:01:48 steve: can wedex invert or is that possibility behind us?
02/20/2016 10:03:00 MK: rod
02/20/2016 10:03:05 MK: how often have yous een
02/20/2016 10:03:06 MK: weak hands
02/20/2016 10:03:13 MK: breach a level
02/20/2016 10:03:18 MK: where strong hands take over
02/20/2016 10:03:28 MK: a la 666
02/20/2016 10:03:52 MK: good point
02/20/2016 10:05:07 Josey: SIG, HD
02/20/2016 10:06:32 MK: seriously SIG was a short when I brought it now
02/20/2016 10:06:35 MK: brought it up
02/20/2016 10:06:37 MK: not now
02/20/2016 10:07:35 MK: BLUE
02/20/2016 10:07:36 MK: AAPL
02/20/2016 10:07:40 MK: ECPG
02/20/2016 10:07:43 MK: MERC
02/20/2016 10:07:50 MK: RYCEY
02/20/2016 10:07:54 MK: WFC
02/20/2016 10:08:22 MK: (SHORT) ABTL BMO CACC EQIX FB JBHT NKE SLB
02/20/2016 10:11:36 MK: haha HD looks like the CYA trade ala DJIX
02/20/2016 10:11:55 MK: wow combined DJIA and DJX
02/20/2016 10:13:29 MK: yes
02/20/2016 10:17:58 MK: FBI/Company Shouldn’t have tried to reset the password
02/20/2016 10:18:03 MK: this would have been a non-event
02/20/2016 10:18:22 MK: http://www.pcworld.com/article/3035506/security/apple-says-terrorists-icloud-password-was-changed-remotely-while-iphone-was-in-governments-posessio.html
02/20/2016 10:20:36 Mark Glezer: BABA
02/20/2016 10:21:11 MK: I”m already long from sub 29
02/20/2016 10:21:13 MK: 20\
02/20/2016 10:21:41 MK: so looking for 25
02/20/2016 10:21:43 MK: thanks
02/20/2016 10:22:39 MK: yeah you covered it friday
02/20/2016 10:22:41 MK: no worries
02/20/2016 10:22:44 MK: i accidentally included it
02/20/2016 10:25:55 david b: KO,HD
02/20/2016 10:26:12 Mark Glezer: resuming the decline should target new lows?
02/20/2016 10:31:31 Casjf: TWTR – bottoming?
02/20/2016 10:31:49 MK: =)
02/20/2016 10:36:48 MK: BMO – seems super optimistic
02/20/2016 10:37:17 MK: get out at 55.75?
02/20/2016 10:37:33 MK: close above 54.55 ?
02/20/2016 10:38:18 MK: harumph
02/20/2016 10:39:40 Casjf: I’m surprised given the market…
02/20/2016 10:41:49 Mark Glezer: surprisingly it even got as high as it did – TWTR
02/20/2016 10:42:44 MK: if sloppy then that could be a bottom
02/20/2016 10:42:49 MK: ?
02/20/2016 10:43:54 MK: i’m just eyeing 140
02/20/2016 10:44:34 MK: man
02/20/2016 10:44:43 MK: i think general market is goin much higher
02/20/2016 10:44:46 MK: all these shorts
02/20/2016 10:44:55 MK: look like crap
02/20/2016 10:48:02 MK: ignore the last 2
02/20/2016 10:52:56 MK: man i’m going to be getting out of a lot of shorts on monday =)
02/20/2016 10:53:34 MK: good point
02/20/2016 10:53:38 MK: thanks for the insight
02/20/2016 10:53:50 MK: i appreciate it
02/20/2016 10:54:06 MK: oh
02/20/2016 10:54:08 MK: SBUX
02/20/2016 10:54:08 MK: sorry
02/20/2016 10:54:10 MK: last one
02/20/2016 10:54:12 MK: SBUX
02/20/2016 10:54:14 MK: yes
02/20/2016 10:55:09 MK: get off the pot
02/20/2016 10:55:10 MK: ok
02/20/2016 10:55:11 MK: thanks
02/20/2016 10:55:37 MK: i mean 58?
02/20/2016 10:59:20 Josey: Ty!
02/20/2016 10:59:21 Mark Glezer: thx much
02/20/2016 10:59:28 Casjf: thanks!
02/20/2016 10:59:49 charlie: TKS