Short term trades in the stock market •$$$$$•

[SpasticGramps]

Wow. Brutal day in the markets.

NAS down almost 3.5% on the Bio-Tech bubble popping. Momo bubble getting close to popping.

Are investors finally figuring out that the Federal Reserve has no idea WTF they are doing?

"I see dead people."

 

[TNTBudSticker]

BBRY BlackBerry Definitely taking a hit...You know most folks are saying android is king and QNX is going to have to operate somewhere else instead of the Smartphones.

 

[TNTBudSticker]

A little Jump for the following Week after a selloff last week.Still think that BBRY might be a good short for the year and well worth watching for 2015 when it starts making money.They might not be in the smartphone business no more.

 

[SpasticGramps]

Russia has moved into Eastern Ukraine. Military Ops are under way right now. Causalities reported. The civil war looks like it's kicking off.

Global markets are dumping.

 

[growbig789]

Alright, more and more I'm thinking GW Pharma GWPH could still be a really, really good place to be. I mean they are going the legal pharma route and doing it with CBD in lab and stuff. I need to look into the details more but i'm pretty sure they are using actual plant based material for the medicine.

I was seriously thinking about buying some recently in the mid/upper 40s but Schwab has special maintenance of 100% and that kind of delayed my decision before that huge move on the upgrade the past few days. Also was kind of waiting to see if by chc it was gonna take a touch at the 200 day ma but didn't quite get there. kind of fitting they get this upgrade the day after 4/20...

But anyways, its got a lot of attention the past few days... if the market is back in bull mode it could have a lot more to go. what do you all think about GW Pharma, i mean its most likely the most legit public medical cannabis investment option right now and if alot of people didn't know about them a few days ago they probably do now. ??? I'm planning to suck it up and buy an opening position close to the current price, then add if it takes a dip to around the 50 day ma which currently is around 62.35. Anyone have any options ideas for GWPH?

 

[TNTBudSticker]

Apple splits into 7

Netflix keeps going up.

Market Bulls !

 

[SpasticGramps]

Is anyone concerned about the complacency of this market?

SP P/E ratio is trading at 17x and the VIX is around 11. Even Fed is openly questioning the complacency (that they created of course, hilarious).

Sentiment has never been more manic.

From Deutche Bank

Uncharted territory. I think it keeps going up. Absolute Bull mania until SP is above 2,100 or who knows. It's going to be epic.

Anyone hear about the JBG market (Japanese bonds)? For a full day not one bond was traded on a heavy new day. Not low volume, NO volume. Zadda, zilch, zero for the third largest economy in the world. It was dead. Kind of creepy.

But for this market that can only BULLISH.

 

[Stonefree69]

Is anyone concerned about the complacency of this market?

SP P/E ratio is trading at 17x and the VIX is around 11. Even Fed is openly questioning the complacency (that they created of course, hilarious).

Sentiment has never been more manic.

From Deutche Bank

View Image

Uncharted territory. I think it keeps going up. Absolute Bull mania until SP is above 2,100 or who knows. It's going to be epic.

Anyone hear about the JBG market (Japanese bonds)? For a full day not one bond was traded on a heavy new day. Not low volume, NO volume. Zadda, zilch, zero for the third largest economy in the world. It was dead. Kind of creepy.

But for this market that can only BULLISH.

The other peaks were plateauing, this current one is different & may be headed up not down. Yeah bullish unless unexpected bad news. It does seem hard to buy when it's at it peak though - maybe profit taking in the short term ahead...

 

[SpasticGramps]

Yeah bullish unless unexpected bad news. It does seem hard to buy when it's at it peak though - maybe profit taking in the short term ahead...

There is lots of bad news out there already, but this market climbs the "wall of worry" because it's backed by central banks. Bad news is good news and good new is good news.

I think there will be short drops caused by profit taking like before, but we'll plateau in the "mania" stage for a while with the market constantly breaking new highs while main streets around the world continue to go downhill. This will work until it doesn't.

I reckon the next major market correction will be the massive one. The higher it irrationally goes the more severe the correction is going to be.

After 2008 I underestimated the power of central banks to monetize and rig all markets thinking participants would easily see through the facade and react accordingly, but I've come to understand how powerful the propaganda is and see this getting even crazier and crazier with no end in sight.

Even though most people see that the market is breaking records every day, but the economy is poor shape their cognitive dissonance stops them connecting the dots. The masses derangement holds no bounds that I can clearly see. Mania will build and build until it explodes into chaos one day far away.

 

[RoadRash]

After 2008 I underestimated the power of central banks to monetize and rig all markets thinking participants would easily see through the facade and react accordingly, but I've come to understand how powerful the propaganda is and see this getting even crazier and crazier with no end in sight.

so did I. the combination of money creation and the low interest rates - well, who's going to put their money into a savings account earning 1% if Intel is paying a 3% dividend ?

Even though most people see that the market is breaking records every day, but the economy is poor shape their cognitive dissonance stops them connecting the dots. The masses derangement holds no bounds that I can clearly see. Mania will build and build until it explodes into chaos one day far away.

I remember these things called Fundamentals.

Fundamentals are "so 20th century" ? /sarc

 

[SpasticGramps]

These charts show just how distorted the equity markets have become. The only thing this con game is running on is the cognitive dissonance of the marks. And they'll all continue to believe until they have absolutely nothing left.

 

[SpasticGramps]

Fundamentals are "so 20th century" ? /sarc

Ain't that the truth. Only thing I care about is what is Yellen is having for breakfast and if the algos are going to like it or not.

 

[idiit]

goldman sachs has openly stated that everyone is selling stocks, not buying:

The great mystery of the endlessly levitating market continues to confound everyone, even Goldman Sachs. Because while the market soared in May (and has continue to surge in June) contrary to the sell in May mantra, when peeking beneath the market's covers, Goldman has found that most investor groups did just as they are supposed to do for this time of the year: they sold!

^^ http://www.zerohedge.com/news/2014-06-08/sell-may-they-said-and-so-they-did-goldman-finds

yet, djia stock index is at all time high. how dat?

well, the answer is a stunner and only now coming out into the light. the federal reserve is conjuring up $trillions of fiat currency and sending it to it's puppet banks to artificially pump up the stock market. the entire system is an illusion/ponzi scam.

bix weir is the first to break the news of how totally bullshit the stock market really is in this must listen podcast:

https://www.youtube.com/watch?v=-zzSAoD2mzU

the dirty truth about the stock market is that the brokerages you go thru never actually buy your stocks for you. they just run a set of books making it look like they do.

In almost every instance when you buy or sell securities with a broker, your name is not actually on the stock or bond certificate. The name that appears on the certificate is that of your broker, and this is referred to as being held "in street name". In fact, the broker usually doesn't even hold the physical certificates. Rather, the broker holds them in electronic form, in many computers. This is done for many different reasons, but here are the two main ones:

http://www.investopedia.com/ask/answers/185.asp

and to make matters even more "occupy wall street" the brokerages are allowed to use your collateral as collateral for them to make wall street bets in the wall street gambling casino at leverage that can sometimes be more thatn 30/1:

Their Profits on Your Money

Few people know this, but there's a process through which banks and trading houses are leveraging your money to increase their profits - just like they did in the run-up to the last financial crisis. Only this time, things may be worse, as hard as that is to imagine.

http://moneymorning.com/2012/01/04/how-banks-are-using-your-money-to-create-next-crash/

you do not own jack shit when you purchase stocks. you don't have jack shit regisatered in your name. you just transferred title to your collateral over to a brokerage who then takes your $1 in collateral and places up to $30 in stock bets using your money as collateral.

we are in a severe recession going into a sever depression. all the folks who are leveraged will be wiped out because if you are levered 30/1 and we get a 3% drop in asset valuations (stock market) you are wiped out net 0 (zero, broke dick dog broke)

the brokerage that holds your collateral in your name just lost all your money even though the stock you don't but though you owned is valuable.

the brokerage ceases to exist, your money is gone and you got played.

you are being played.

they are lying to you.

read the articles and listen to the 30 minute bix weir podcast.

my mom recently died and i was in charge of her investments while she declined in health. i went over this many many times with our edward jones stock broker.

get educated or get played.

 

[growbig789]

JCP - JC Penney - broke out strong above 10, turnaround story in progress... been in it for months and it looks like the technicals and the company itself are finally convincing more people that they aren't done for... huge short interest too... 11.21 now, looks like it may have room to run to a little over 12 in the short term before maybe taking a breather.

Planning to flip my trading shares out around 12 if it gets there soon, and load back up on dips... they are one of the only retailers that has been coming in well ahead of expectations.. still losing money but the financial trajectory has improved quite a bit and is going in the right direction. Tons of skepticism on the stock too, if they are going to stay in business and return to break even/profitabilty no reason the stock can't go back to 20 in the next year IMO (maybe alot of that by the early part of 2015)

Also in AMBA Ambarella looks like possibly a nice cup/handle (working on a handle now possibly) setup going into earnings 9/4

and GWPH - I like the way the chart looks and with AK, OR legalization initiatives and Florida medical intiative in november I think the environment looks good for a run up in just about the only "legitimate" medical cannabis stock out there...

 

[stinkyigloo]

Not sure if ye have heard of the silk road, online marketplace for all things wonderful.
Site is down since wednesday due to Ddos attack, price of bitcoin has dropped up to $10 in the meantime

 

[SpasticGramps]

Did anyone hear about the Swiss FX move today? Unpegged from the Euro. Bam. Instant carnage in the Swiss and other markets. I wonder if they are doing this because they know the ECB is going to QE and don't want to let morons destroy their currency too?

If Draghi man's up and does what he says he's been saying he's going to do for the last few years and the Swiss Franc is unpegged from the Euro then everyone is going to be piling into the Franc.

Could be a big play.

Here's a picture of the Swiss move in relation to all other markets. Oil's 10% roundtrip today looks like a freaking blip.

Things are getting interesting again.

This is just for LOLZ.

 

[litebuzz]

Wonder if the common folks will be buying physical. I hate the thought of having $ in any financial institutions....but whatta Ya do? I'm a shitty market timer....I thought the shit would have hit the fan last year...now I think it could go on for another year....or not. Diversification is my friend at this point....I could have made better decisions....damn faulty crystal ball!

 

[SpasticGramps]

Diversification is everything. No debt is number one. Diversifying with debt is a slaves game. Maximizing all streams of revenue, cutting costs (given collapsing oil prices), taking delivery of a comfortable amount of physical currency, taking delivery of a comfortable amount of physical metals, lake property in the country, other real estate, cannabis genetics, grow equipment, distillation assets, security assets, water well, small 401K, Swiss Frans.



No one can time markets to any degree of certainty. You have to have an overall world view and make trades and business deals to achieve that goal. I, like you , am impressed at the central banks ability to fly an airplane with no engines for the amount of time they have.

Fizzy everything please.

 

[BigJohnny]

I .... I don't know what any of that means.... but I wish I did because I'd really like to invest some money.

 

[yesum]

Picked up some SPXL today which is a 3x bull etf following the s and p 500. I think it is time for a few percent up after the crap of the last month or so. Things are not that gloomy for stocks right now, need some happy times for a while.

Gold might have some room up here too but am already invested there so no play for me. I am certain it will be above $2000 within 5 years time. If wrong I will eat my hat or at least bite it.