Saturday Review’s recording (for 9/17/16) …
Last week’s marathon session probably scared away a lot of participation this week. Meanwhile, this week’s presentation was relatively brief, as there was no change to the bigger picture. It remains distributive, and the week’s back-and-forth revealed only a few attractions the market might visit before resolving. But the bigger picture’s likely resolution remains down. So, there weren’t many questions or stock requests, and the otherwise brief overview serves as a refresher of how the market got to this stage, and its possible paths going forward.
The following stock requests were reviewed in this order:
BAC, GDXJ, AAPL
09/17/2016 09:31:07 Mark Glezer: gm
09/17/2016 09:41:29 Mark Glezer: could be another substantial bounce from lower prior highs?
09/17/2016 09:54:49 Mark Glezer: yes
09/17/2016 10:00:26 Mark Glezer: so NDX is still leading ES whether it’s up or down?
09/17/2016 10:03:33 Bill G: So much of ndx can just be appl
09/17/2016 10:05:18 Mark Glezer: if u were to project a bigger move for the week ahead – do u think it’s likely to happen Wed or Fri?
09/17/2016 10:05:54 Mark Glezer: choice maybe
09/17/2016 10:07:13 Mark Glezer: yep
09/17/2016 10:07:18 Mark Glezer: BAC
09/17/2016 10:09:12 Mark Glezer: AAPL
09/17/2016 10:14:52 Mark Glezer: thx much
09/17/2016 10:15:45 Bill G: thx