tag:blogger.com,1999:blog-8084606426992105990.post5477577025058975289..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Morning Wake-Up and Midday Market Action 9/26/13Keystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-8084606426992105990.post-53766351809968514322013-09-27T07:34:28.342-04:002013-09-27T07:34:28.342-04:00Most of the window dressing is already in the book...Most of the window dressing is already in the books now Amy. The houses buy these stocks a few days ahead, which likely caused yesterday's bounce. The last two days of September are typically down. The CR deadline drama throws a wrench into the works since any news there will override all technicals and seasonality. 10/17/13 is the deadline for the debt limit ceiling so it looks like we do not have to wait long, we will know the outcome over the next 15 trading days. Can only take it hour to hours since there are many plates in the air. Italy or Portugal may come out of left field.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-31576814901436598412013-09-26T23:29:09.658-04:002013-09-26T23:29:09.658-04:00I remember you mention trap-door in the past.
I al...I remember you mention trap-door in the past.<br />I also see -/div but many see the market going new high to 1778 including Scott above. After all, it's EOM window dressing on Monday and could be buoyant.<br />Amynoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-9909879063676110102013-09-26T21:14:33.895-04:002013-09-26T21:14:33.895-04:00Yep, it is remarkable, low put/calls and low VIX v...Yep, it is remarkable, low put/calls and low VIX verify the complacency. Something very special, and negative, for markets is likely on the horizon. If Boehner or some other politico takes the podium and drops a bombshell, that would serve as a catalyst for the bears. Traders are likely not worried since they have stops set in the 1680's and figure they will have plenty of time to exit and lock in profits. Once price starts falling through support levels the panic can ratchet higher very quickly and price can fall sharp and fast. The UTIL 50-week MA at 483.55 is a trap-door that could easily flush the SPX 20 or 30 handles in a very short time.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-49171011981234337212013-09-26T18:53:32.116-04:002013-09-26T18:53:32.116-04:00CPC falls again to 0.70. CPCE dives back down to 0...CPC falls again to 0.70. CPCE dives back down to 0.49. Seems strange. Is there nothing to fear? Isn't there something big politically going on next week? And later in October? Can't quite put my finger on it...Weavernoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-27956737694325308352013-09-26T16:09:13.815-04:002013-09-26T16:09:13.815-04:00I took the entry at 50. May expand the position s...I took the entry at 50. May expand the position sub 50. I have the heart pills close by. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-11921641512301935532013-09-26T15:49:19.579-04:002013-09-26T15:49:19.579-04:00Note the middle price actin flat from Jul 2012 to ...Note the middle price actin flat from Jul 2012 to Dec 2012 with the top slope indicator positively diverged. The current potential topping formation is the opposite, price making matching and higher highs, but the slope negatively diverging, so the two whipsaw periods are not exactly apples to apples, one was as a bottom was formed and one is potentially as a top is formed. That green dot slope circle is worth watching over the next few days.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-82381321313862290252013-09-26T15:44:53.391-04:002013-09-26T15:44:53.391-04:00Interesting chart, the BB tunnel is really going t...Interesting chart, the BB tunnel is really going to spit out a strong move one way or the other, probably at the opening bell tomorrow. ADX is down near 30 and lower showing a loss of the trend. The upward trend was strong (ADX +30) from Sept 5-ish to a couple days ago.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-54258390564948786892013-09-26T15:41:27.114-04:002013-09-26T15:41:27.114-04:00Nope. Price makes a matching bottom on the hour ch...Nope. Price makes a matching bottom on the hour charts with possie d. It can probably be entered here. May wait to see if a flush occurs tomorrow to enter sub 50.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-21133948041462480612013-09-26T15:39:08.082-04:002013-09-26T15:39:08.082-04:00Look at the weekly JCP chart with the long red can...Look at the weekly JCP chart with the long red candlestick now, a lower low in price but RSI is leaking lower as well, that is weak and bleak not possie d but you are correct over the one-year time frame. This tells you the stock is basing. There are big wigs in it now so they will provide support to the stock. Let it base. 80/20 rule says 12 may lead to 8. It may need another flush but it is probably a buy under 9.80 perhaps. Probably best to give it 2 weeks to see where it is at then.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-25816383235740382622013-09-26T13:27:47.587-04:002013-09-26T13:27:47.587-04:00http://stockcharts.com/h-sc/ui?s=DIA&p=D&s...http://stockcharts.com/h-sc/ui?s=DIA&p=D&st=2012-07-02&en=(today)&id=p73803656255&a=310228940&listNum=6scotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-737155412693923332013-09-26T13:21:31.763-04:002013-09-26T13:21:31.763-04:00http://stockcharts.com/h-sc/ui?s=$NYAD&p=60&am...http://stockcharts.com/h-sc/ui?s=$NYAD&p=60&yr=0&mn=1&dy=0&id=p28659662966&listNum=4&a=306109739<br /><br />in spite of the VO drop, and the end of the cycle looming, price is consolidating at the 50ma and the hour BB's are getting bullish<br /><br />I expect a good move here - above 1710 and the odds of new highs in the 1780 range are good.<br /><br />then we will see what we will see as far as the doomscotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-79424087273059279832013-09-26T12:50:09.837-04:002013-09-26T12:50:09.837-04:00Did you reenter NUGT?
FeS2Did you reenter NUGT?<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-20586866114702969112013-09-26T11:45:24.634-04:002013-09-26T11:45:24.634-04:00KS,
What do you think about the long side for JCP...KS,<br /><br />What do you think about the long side for JCP? It looks like it had an exceptionally high volume (maybe flush out) day on the downside yesterday. And, it looks like it has a positive divergence.<br /><br />TWAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-73181645994080339532013-09-26T11:14:50.997-04:002013-09-26T11:14:50.997-04:00Simply type 'eclipse' into the search box ...Simply type 'eclipse' into the search box at the right and bring up April's article and chart. Keystone will update but has not been able to get to it yet.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-83667593683417362592013-09-26T11:02:53.501-04:002013-09-26T11:02:53.501-04:00KS, can you explain what the Keystone's Eclips...KS, can you explain what the Keystone's Eclipse Indicator.actually is?Anonymousnoreply@blogger.com