Saturday Review’s recording (for 11/07/15) …
What is the “unfinished above”? What can override its attraction? What might intervene first? How much of a detour would no longer be a detour? These broader market questions and others were discussed in detail during this weekend’s Saturday Review.
The following stock requests were reviewed in this order:
AIG, C, CSCO, M, CTRP, FIT, UTX, BAC, GS, AZO, NVDA, ORLY, Gold
11/07/2015 09:32:14 SM: audio good
11/07/2015 09:32:20 Mark Glezer: gm
11/07/2015 09:32:37 David B: good morning
11/07/2015 09:51:13 Mark Glezer: no longer looking for 2110-13-17 area to be vulnerable to reacting down?
11/07/2015 09:53:05 Mark Glezer: if we gap up & head higher
11/07/2015 09:54:47 David B: what SPX close with a second consective close would be a trend change and higher highs is off the table?
11/07/2015 09:58:42 Mark Glezer: I know one day is not indicative of a pattern but do u think that a flat ES close after a major news like Fri report while NDX & DOW were positive might indicate that the mkt is not ready to turn down?
11/07/2015 10:00:41 ljr: stocks: aig,c,fit,utx. (I am long), thx I will watch recording later
11/07/2015 10:04:00 Mark Glezer: yes
11/07/2015 10:04:27 Mark Glezer: sure
11/07/2015 10:04:30 ljr: stock: nvda if u have time. no positions in it
11/07/2015 10:06:41 Mark Glezer: u’re right, just seemed like the crowd’s sentiment but not very relevant
11/07/2015 10:08:41 David B: CSCO,M
11/07/2015 10:09:02 tom: ctrp
11/07/2015 10:14:41 David B: BAC,GS
11/07/2015 10:14:52 tom: azo
11/07/2015 10:15:43 SM: Reference your comment about Citi, where you find reason to question further upside potential because recent price appreciation hasn’t been accompanied by improving volume…Isn’t that same observation true about the broader market? Shouldn’t there be a similar reason to doubt the broader market’s ability to achieve higher highs for the same reason?
11/07/2015 10:15:46 David B: earnings on CSCO. going in on strength?
11/07/2015 10:16:21 David B: CSCO earnings on thursday
11/07/2015 10:18:45 David B: M earnings on wed
11/07/2015 10:22:16 tom: reports on wed
11/07/2015 10:25:07 tom: ok thx
11/07/2015 10:30:03 tom: AZO
11/07/2015 10:33:44 Josey: Sign rates will not be raised?
11/07/2015 10:36:14 tom: ORLY as well if you have time
11/07/2015 10:39:26 Josey: Gold has now dropped so much, is it due for a pop? Any low major target?
11/07/2015 10:48:05 Josey: So no 100 + point drop next?
11/07/2015 10:52:52 Josey: TY
11/07/2015 10:52:53 Mark Glezer: SM’s Q above
11/07/2015 10:52:58 David B: thanks
11/07/2015 10:53:21 tom: THANK YOU
11/07/2015 10:53:51 Mark Glezer: thx much
11/07/2015 10:54:53 Bill G: Almost 2x nyse issues below 200dma than above 200dma
11/07/2015 10:55:53 SM: Excellent webinar today. Exceptionally informative, instructional, and clearly articulated. I lost count on the number of benefcial takeaways gained. Thanks much.