BEAR GOGGLES ?

Same pattern repeats week to week, something has to give soon. If it weren't for High Beta waking up, my thoughts would be a decent downward move- but we are in earnings season and the high fly guyz  have consolidated and licking their chops-


 


 http://content.screencast.com/users/MrSoul70/folders/Jing/media/7353a28f-86cb-4f1f-a1a6-0ae70969ed66/2015-01-23_1906.png

S P Y quik wrap last 3 daze and for Tuezdee'

S P Y , the drunken uncle, which wall will he walk into next week, and how bad Is his short term memory getting ?? 


http://screencast-o-matic.com/watch/coVFVleyTk 

.

XOM and a quick Study on CONFLUENCE

XOM  2 Weeks ago vrs this past Week and how FIBZ CONFLUENCE won the battle thus far-


http://screencast-o-matic.com/watch/coVXDFewyM

You Can Bank On It !!

EPS   Projections and Inflections - Levels of Support and Resistance with Beats and Misses post release using Custom FIBZ and Various time Frames-

: MONTHLY from OCT 2014 Lows(and some even 3yr if  realistic possibility), Most Recent WEEKLY and DAILY Measured Moves- the closer numbers will be from recent Measured Moves , further projections taken from Monthly

JPM  WFC   BAC   BLK   C  CBSH   MBFI   SCHW    GS  PNC  PVTB  STI   


** Quick Note- When it  comes to post earnings plays, Portfolio Managers both Institutional and Hedge Fund/Shorter Term -will often look to both short and longer term Fibanocci Levels in evaluating whether to add, liquidate a percentage, or hold status quo- **


JPM Levels ::

58.88  57.79  56.30   X   60.10  60.92   61.53  62.39

http://content.screencast.com/users/MrSoul70/folders/Jing/media/3e4ffe20-6d28-4fa0-9ba7-ddb4932bf85e/2015-01-10_1538.png


WFC Levels

51.85  51.04 50.29  49.89  X  53.59  53.99 54.38  55.07

http://content.screencast.com/users/MrSoul70/folders/Jing/media/763d0929-9582-479e-a620-c9fafdd10df3/2015-01-10_1541.png 

 BAC  Levels 

 16.80  16.45 16.02 15.43  x  17.29 17.5 17.67  18.20

http://content.screencast.com/users/MrSoul70/folders/Jing/media/11cbc2bb-393f-4d3d-aaba-56c284ca4525/2015-01-10_1616.png

 BLK   Levels

346.5  344.7  340.03  x  354.65  358.45  360.8  368.6
338.55  333.97
330.61  321.6

http://content.screencast.com/users/MrSoul70/folders/Jing/media/c942e3ac-643f-4650-98a1-ddf5ebe6cbdd/2015-01-10_1617.png


C    Levels

50.56  49.72  48.86  x  51.9 52.24 54.06 54.75 55.74 56.04

http://content.screencast.com/users/MrSoul70/folders/Jing/media/60cb69bd-3ecd-4176-a094-f44ccd742567/2015-01-10_1623.png

CBSH  Levels  

40.46  40.26  39.78  38.83  x  42.64  43.02  43.78  44.40  45.32

 http://content.screencast.com/users/MrSoul70/folders/Jing/media/bea253a7-2de0-4d0d-be08-2919bf55607b/2015-01-10_1625.png


MBFI   Levels

29.86  29.19  28.46  27.48 x 31.04  31.74  32.20 32.82 33.62 34.43

http://content.screencast.com/users/MrSoul70/folders/Jing/media/6f5b46ce-bebb-41b6-be23-35ffa8cd0cdf/2015-01-10_1627.png


SCHW  Levels

28.16 27.90  27.12  26.23 x 29.52  30.37  30.8 31.11 31.57 32.67 33.7

http://content.screencast.com/users/MrSoul70/folders/Jing/media/d19be0b6-a680-423e-a0c3-0a82a9e03056/2015-01-10_1630.png

 GS  Levels

186.47 185.28 184.46 183.78 181.24 x 190.45 192 193.5 194.1 198
180.8  178.95                                          200  204

http://content.screencast.com/users/MrSoul70/folders/Jing/media/887d760e-d697-45ac-b902-e2f061b17ce7/2015-01-10_1638.png

PNC  Levels

85.38 84.98 83.48 82.5 x 88.59 90.37 91.7 93.45 97.45 

http://content.screencast.com/users/MrSoul70/folders/Jing/media/6e37ad99-4aad-405d-a253-3240de6c617f/2015-01-10_1641.png

PVTB  Levels

31.57 31.3  30.29 29.37 28.07 x 33.14 34.17 34.9 35.4 36

http://content.screencast.com/users/MrSoul70/folders/Jing/media/524e4298-1df3-417e-b9b1-e610edf1d528/2015-01-10_1645.png

STI   Levels  

38.4 37.76 37.29 37.12 35.7 x 39.7 40.98  41.5 42.25 43.17 45.26

http://content.screencast.com/users/MrSoul70/folders/Jing/media/4fa4441c-9bb9-4781-8364-cbcd8f765aa6/2015-01-10_1647.png

SPY BABA Update TSLA New 1/09/2015

I took extra time to explain how I come up with these FIBZ Levels and how u can look at different Measured Moves within the same time frame-


SPY   BABA   TSLA ( Possible Contrarian View from the flock)


http://screencast-o-matic.com/watch/coV6bQew09 


SPY Significant Levels:

203.51 202.90/.82ish  x 204.97  205.32  205.81 206.20ish

BABA Levels :
  pivot= 102.52

101.31ish  100.56  99.90  x  105.09  105.7 106.56

TSLA Levels

pivot= 204.27

206.34 204.96  202.78/.13 x 209.58 210.38  212.22
201.43  200.32
 

SPY BABA 1/7/2015

UPDATES , Moving on in Future Vids

but quik 2 min link


http://screencast-o-matic.com/watch/coVjnmevEA

SPY BABA sticking with them, but will be adding more this week

SPY and BABA

Violations and Celebrations-  

http://screencast-o-matic.com/watch/coV10Iev0H 

SPY BABA New follow up sticking with Theme 1/5/2015

Monday 1/5/2015  Post Mkt DOW down 330, SPX down 37+ etc

SPY Down BABA Down

LINK



http://screencast-o-matic.com/watch/coV1cbev1L

SPY BABA Follow Up TD 1/2/2015

Video is Follow Up from Wed's Video taking a Look at what May happen Friday and Confirming what Did, and what the next Significant Levels are, using my method-

Short Explanation is , SPY Levels Previously Mentioned were Nailed and Profitable if traded correctly,even conservatively-


VIDEO LINK

http://screencast-o-matic.com/watch/coVeDDeUaF


LINKS to SPY and BABA Charts only-

http://content.screencast.com/users/MrSoul70/folders/Jing/media/656cd479-c5ff-47bc-8fbf-f22b123f8d2b/2015-01-03_1135.png 



 http://content.screencast.com/users/MrSoul70/folders/Jing/media/655fc497-c9a6-4354-80bd-75c368f44f91/2015-01-03_1137.png

SPY Sell off 12/31 and BABA plan

Why D' SPY sold off on last trading day of 2014( a possibility) and is it significant in larger picture-

And  BABA  quik trading plan

short video explanation


http://screencast-o-matic.com/watch/coVV3UeUro 

HAPPY NEW YEAR 2015

HAPPY NEW YEAR and the BEST of TRADING in this New Year of Opportunity-

Been busy with new firm but will be updating blog regularly in New Year

This market is unbelievable. As much as we can complain about what ''should'' and ''shouldn't be', and moves in stocks that ''don't make sense' and broad instances of divergences and so on, All the preceding birth's GREAT Trading opportunities. 

I suggest having 2 to even 3 accounts if possible. A smaller P/A swing account, a longer term account where you may have done fundamental research, or simply have a gut feeling of longer term price targets, and of course a day trading account for extremely quick scalps.

ie), The high beta stocks will often have a quick burst off an opening 2-5 minute bar where you can make 1-3+ points in less then a minute at times-
  500 shares bot at $X, $X moves + 2 points in 30 seconds, have your sell order out there once bot position and you'd be surprised how quickly u can make $1,000. Decrease your size, use the same math, whatever- Point being, $1,000 bux  in minutes is double to triple what the shrinks we all pay make in an hour. Do that in 2-3 stocks, even losing in one or two depending what your size is, and can be even more profitable.
  If you can pull that off, by 945 you can be done trading for the day, or at least take a walk, have a nice breakfast somewhere etc. Or stay on desk but decrease size if going to keep chopping around.

The point is, if you stay disciplined and consistent in your methodology, this market gives you better opportunity then any business in the world.

If you are at a hedge fund or prop shop, obviously size can be bigger but these high beta names are not as liquid so a reasonable size is the most probable way to stay consistent.


LETS ALL HAVE A GREAT TRADING YEAR- DISCIPLINE, PATIENCE, AND HUMILITY ARE THE KEYS.