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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (106909)8/8/2014 4:08:44 AM
From: elmatador  Respond to of 219602
 
Regime changing and hanging Saddam didn't help:

Islamic State grabs Iraqi dam and oilfield in victory over Kurds
reuters.com

Kurds are still in the receiving end...



To: Box-By-The-Riviera™ who wrote (106909)8/8/2014 6:36:58 AM
From: 2MAR$  Respond to of 219602
 
Simply they used the headlines leading into mid-earnings season to kite things up into AAPL's report as they always do, skittering past the banks that report first, then following day UVXY showed a divergence off $25 when AMZN missed with SPY up at 199.

Then, right on schedule after kiting things up twice to sell the tops which one plays long too, Wall Street finds the real world does have concerns that causes the sell off. Mind you, they kited things up two full times to unload positions, this is the casino where every table is weighted in the hands of large fund buying power, the control the action to get the very best top exits in a Bull Market.

Best trade was UVXY since the usual top being put in after AAPL report mid season, which always marks the top, a +36% trade here in 10days while oil & gas stocks have all pulled back .

* There still are pockets of strength, themes like Chinese Internet Commerce & earnings plays, with BABA still on deck, here was the trade, when other were listening to CNBC ebullience i noted this bounced 4 times off 25 that day of AMZN report right after AAPL when it should have been lower.




To: Box-By-The-Riviera™ who wrote (106909)8/8/2014 6:57:54 AM
From: 2MAR$  Respond to of 219602
 
For trading oil/energies always have PXD FANG & EOG onscreen, successful companies that all have been correcting down now on Euro econ worries, FANG got taken down right to the RSI30 yest at $75 and a small short covering bounce off there.

There have been pockets of strength because of earnings reports, like this Chinese youth video site that has 400mil users called "YY".... mentioned this one here a while back to jack, its been a real winner, very popular with the kids over there, JPM just upped it yest to 120 and was a good long play as was Elon Musk's SCTY & 3D maker SSYS that blew away ests again.

Next comes QIHU after BIDU finally broke up & out into the $200s, BABA theme will play out later in the month, so China nets still have strength & certain funds have been running them.




To: Box-By-The-Riviera™ who wrote (106909)8/8/2014 7:18:33 AM
From: 2MAR$  Respond to of 219602
 
Will prolly see a bounce off 189s today & some baragin huntin, pick your targets & profit SPY is bouncing off there