Saturday Review’s recording (for 8/6/16) …
It’s a learning session. It’s a forecast. It’s a learning session that’s also a forecast. It’s two Saturday Reviews in one!
This week’s session looks back at several setups that helped to identify how market moves would resolve. Many of those same setups are either repeating, or have further resolution, which then help us to identify how the current situation is likely to resolve… and the consequences to a less likely resolution.
The following stock requests were reviewed in this order:
AMZN, X, XOM, POT, PAAS, BAC, C, CYH, SSYS, GDXJ, IONS, TRTC, VEEV
08/06/2016 09:26:59 Casjf: gm
08/06/2016 09:31:30 Mark Glezer: gm
08/06/2016 09:31:38 Casjf: yes
08/06/2016 09:32:44 David b: good morning
08/06/2016 10:12:33 David b: AMZN,X
08/06/2016 10:13:38 David b: BAC,C
08/06/2016 10:13:52 Casjf: XON
08/06/2016 10:15:51 MK: POT
08/06/2016 10:16:06 MK: PAAS
08/06/2016 10:16:56 MK: CYH
08/06/2016 10:20:06 MK: SSYS
08/06/2016 10:21:34 Casjf: yes
08/06/2016 10:23:41 MK: VEEV (Short)
08/06/2016 10:27:22 MK: can’t bring myself to buy POT
08/06/2016 10:27:26 MK: but i really want to
08/06/2016 10:27:41 MK: haha also remember where i live
08/06/2016 10:27:43 MK: not a problem
08/06/2016 10:27:44 MK: =)
08/06/2016 10:28:50 Casjf: IONS, TRTC
08/06/2016 10:29:16 MK: I sold my PAAS long yesterday
08/06/2016 10:30:26 MK: what about pullback?
08/06/2016 10:30:32 MK: 17.70?
08/06/2016 10:30:54 MK: oh wow
08/06/2016 10:30:55 MK: ok
08/06/2016 10:34:26 Mark Glezer: can BAC eventually recover to 30s?
08/06/2016 10:36:37 Mark Glezer: k
08/06/2016 10:37:23 MK: bunch of smart people long this stock
08/06/2016 10:37:33 MK: since 2016
08/06/2016 10:39:31 MK: basically during 1Q
08/06/2016 11:00:23 Mark Glezer: thx
08/06/2016 11:00:33 Casjf: Ty!
08/06/2016 11:00:35 David b: thanks
08/06/2016 11:01:02 charlie: tks
