Saturday Review’s recording (for 9/12/15) … Stability is not strength.
Another week gone by without resuming the decline. Intraday swings are narrowing, albeit still well beyond the norm. Price still hovering at the upper-end of the crash’s reaction. So, the bear market is done? Probably not, and there are two paths to resuming it. Meanwhile, this week offers several catalysts to keep volatility alive. Details were discussed during this weekend’s Saturday Review, linked below.
The following stock requests were reviewed in this order:
BABA, GMCR, YHOO, NFLX, AMZN, AAPL, BT, CSCO, GLUU, MU
09/12/2015 09:31:47 David B: good morning
09/12/2015 09:32:00 Charlie: !Ola!
09/12/2015 09:32:26 Mark Glezer: gm
09/12/2015 09:45:25 Mark Glezer: is 1695 projected regardless of a potential break higher first?
09/12/2015 09:49:52 ljr: any clues for fed this week?
09/12/2015 09:53:19 ljr: and opex this week (prob too early to tell)…I will listen to recording
09/12/2015 09:55:33 David B: this is a strange week for the wed ex. jewish holidays mon and tues and fed decison on thursday. how do you think big money is positioned and would there be a higher probability of an inverted wed ex say on friday?
09/12/2015 09:55:36 MK: so basically chart is broken, but a lot of participents don’t know it yet
09/12/2015 09:55:56 MK: participants
09/12/2015 09:56:06 MK: pardon my spelling its early
09/12/2015 10:02:29 MK: yes
09/12/2015 10:02:30 MK: yes
09/12/2015 10:02:45 Mark Glezer: what gap would u like to fill?
09/12/2015 10:03:16 Bill G: Do you think we may be close to a change in mkt leadership? P erhaps energy, oil , commodities?
09/12/2015 10:03:52 David B: just curios what level would indicate a trend change to the upside?
09/12/2015 10:06:12 Mark Glezer: headlines scream $20
09/12/2015 10:09:39 Mark Glezer: BABA – agree with 50% drop suggested by Barron’s?
09/12/2015 10:13:03 David B: GMCR,YHOO
09/12/2015 10:16:01 Mark Glezer: yeah
09/12/2015 10:30:28 David B: NFLX,AMZN
09/12/2015 10:32:34 Josey: GLUU, MU
09/12/2015 10:32:50 Mark Glezer: can u actually ignore the spike with a flag?
09/12/2015 10:42:38 Rod David: m r: Following your comments on the inter-market comparison: Does that make NDX more vulnerable to even greater downside (as compared to the general market)?
09/12/2015 10:43:10 Mark Glezer: NFLX maybe
09/12/2015 10:43:25 Mark Glezer: no
09/12/2015 10:43:37 Mark Glezer: yeah
09/12/2015 10:43:39 Mark Glezer: k
09/12/2015 10:43:54 Mark Glezer: thx much
09/12/2015 10:44:13 David B: thanks
09/12/2015 10:45:02 Josey: TY
Tku!