tag:blogger.com,1999:blog-8084606426992105990.post5696838338864385199..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Midday Market Action 9/23/13Keystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger24125tag:blogger.com,1999:blog-8084606426992105990.post-12958258043100252892013-09-24T07:48:32.220-04:002013-09-24T07:48:32.220-04:00In trading, sometimes bargains become bigger and b...In trading, sometimes bargains become bigger and bigger bargains. LOL Like the old Wall Street joke goes, if Keystone liked NUGT at 51, he has to love it at 47. LOLKeystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-61971501694084174482013-09-23T17:44:41.449-04:002013-09-23T17:44:41.449-04:00My other trades didnt clear yet, so I dont have th...My other trades didnt clear yet, so I dont have the margin requirement right now. Will have to wait until tomorrow. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-20016342779941769782013-09-23T17:42:00.728-04:002013-09-23T17:42:00.728-04:00There is not a chance in hell that the FED will ta...There is not a chance in hell that the FED will taper the easing program, you will see an expansion to $105 BB or a foreign crisis before a taper.<br /><br />Think about it, the data is morbid and getting worse, forward guidance is constantly being lowered, the FED wants a wealth effect to promote consumer confidence and some inflation to spur spending; but if he tapers QE, the wealth effect is over immediately. The red numbers will be on every TV in America. Does that make consumers feel confident? Would that spur spending? Not a chance. He cannot taper now, he's backed himself into a corner.<br /><br />If a new ringmaster comes in an scraps the QE plan and in fact does actually start a taper, the shorts I've been getting murdered on since January will finally payout big returns.<br /><br />Keystone put it best when he said you have to have your hand in many pieces of pie in order to make gains.<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-69857581078237224682013-09-23T17:38:55.203-04:002013-09-23T17:38:55.203-04:00FeS2,
fyi- You can still buy NUGT after hours for...FeS2,<br /><br />fyi- You can still buy NUGT after hours for a bargain! Amynoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-37406877898157390152013-09-23T17:10:16.662-04:002013-09-23T17:10:16.662-04:00I wanted NUGT today, but I didn't get it in on...I wanted NUGT today, but I didn't get it in on time!! Damn, that thing was a bargain at $50! I hope it holds still on the opening bell. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-9532317988290017162013-09-23T14:54:46.887-04:002013-09-23T14:54:46.887-04:00VIX 14.67 is a key metric. Market bulls are fine i...VIX 14.67 is a key metric. Market bulls are fine if VIX stays under 14.67. The bear move lower for equities will be real and develop a sustainability if VIX moves above 14.67. VIX is now printing 14.23 about one hour before the closing bell.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-33510377621152862082013-09-23T14:21:54.332-04:002013-09-23T14:21:54.332-04:00You guys will enjoy this. Big shot out Kruggy, yo...You guys will enjoy this. Big shot out Kruggy, you've been great. <br /><br />http://www.youtube.com/watch?v=orh64vypKwU<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-72087435476970495592013-09-23T13:47:59.229-04:002013-09-23T13:47:59.229-04:00Yeah I know, I just dont like to hear bulls compla...Yeah I know, I just dont like to hear bulls complain about missing the EOM gains, as if they are being short changed or something. Lol.<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-17881575395971608692013-09-23T13:07:00.029-04:002013-09-23T13:07:00.029-04:00V-
You aren't following the eclipse indicator...V-<br /><br />You aren't following the eclipse indicator anymore?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-90907305968671614922013-09-23T12:43:04.162-04:002013-09-23T12:43:04.162-04:00We are 30 points off the high, so we expected sell...We are 30 points off the high, so we expected selling of 50-100 handles, I think you may settle for 30 before the upside orgy resumes. <br /><br /><br />The doorman told me today that equities are where you want to be these days. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-11373476120205553492013-09-23T12:40:18.219-04:002013-09-23T12:40:18.219-04:00Lol.
FeS2Lol. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-41455098785074337762013-09-23T11:59:23.035-04:002013-09-23T11:59:23.035-04:00Check out my view:
we have 2 previous wave 4'...Check out my view: <br />we have 2 previous wave 4's : one at 1695-1696 and one at 1680-1682. <br /><br />My point is that if this correction ends here at 1690's this was the 4'th wave of final ramp in this primary 3 (up to 1760-1779 maximum) .<br />If this correction goes as deep as 1680- maybe down to 1660's well my friends this is called "subdivision" ! <br />And it means 1627-1730 was only a wave 1 , 1730 - (1680-1660's) is wave 2 and a wave 3 might go up to 1826-1835 (final primary 3 targets: 1950-2100)<br />Please note on a post-it those numbers! They will help you ! <br /><br />So: the question now is: how low this correction will go ?<br /><br />If bulls kick now in the 1690's, the bears will win (for a small time period, although!) if bulls wait a little bit more (down to 1660-1670's) it's a subdividing wave we are looking at ! (like the one from november 2012 until may 2013). So something big! <br /><br />V.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-19177353875016392252013-09-23T11:55:58.166-04:002013-09-23T11:55:58.166-04:00Thank you!
Most days it feels like wet finger met...Thank you!<br /><br />Most days it feels like wet finger method anyway.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-82366354512720786392013-09-23T11:52:58.898-04:002013-09-23T11:52:58.898-04:00That is funny. But, by definition, window dressing...That is funny. But, by definition, window dressing can only be the last few days of any given month, and especially only the last few days of any quarter.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-25114577552187690302013-09-23T11:51:35.328-04:002013-09-23T11:51:35.328-04:00BBRY is a broken stock and likely not playable lon...BBRY is a broken stock and likely not playable long or short, just toss it into the junk bin. They will be sold which may create a pop but the stock is now only a lottery ticket and highly speculative trade.<br /><br />Japanese bank stocks may eek out some more highs but watch the rising wedge versus ascending triangle patterns. The U.S. banks are taking on a negative tone so that negativity will likely move through global bank stocks. Bot stocks are probably topping in the days and weeks ahead and headed for a sideways to sideways lower vibe.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-70930593936467916242013-09-23T11:46:47.478-04:002013-09-23T11:46:47.478-04:00The indications are in conflict, sometimes seasona...The indications are in conflict, sometimes seasonality factors may contradict each other. So you wet your finger and hold it in the air to see which way the wind blows. The weakness after OpEx week in September likely carries a bit more clout since the trend has repeated over many years. Since markets are likely topping, window dressing may be less of a concern since folks may simply lock in this years profits if they stayed long the whole time and take the rest of the year off.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-35429010921094024292013-09-23T11:44:06.905-04:002013-09-23T11:44:06.905-04:00Utilities are interest rate sensitive like REIT...Utilities are interest rate sensitive like REIT's and telecom. If rates fall, utes go up, if rates move higher, utes move lower. For Keybot the Quant's program, UTIL and GTX are important, and GTX turned bearish so they act as a counterweight to each other. Equities have already moved on. Watch VIX 14.67 and XLF 20 as the two key metrics moving forward. VIX is 14.54 so that tells you markets will recover today. If VIX moves above 14.67, equities will take the next leg lower.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-48783507196052240692013-09-23T11:41:58.653-04:002013-09-23T11:41:58.653-04:00Man this whole month has been window dressing.
...Man this whole month has been window dressing. <br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-18221155211123767572013-09-23T11:35:17.082-04:002013-09-23T11:35:17.082-04:00KS,
What are your thoughts about BBRY being a lon...KS,<br /><br />What are your thoughts about BBRY being a long setup from a bullish positive divergence?<br />Also, what do you think about the Japanese bank stocks like MFG and SMFG as being attractive buy candidates?<br /><br />thanks,<br /><br />TWAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-72640600745810877682013-09-23T11:31:42.295-04:002013-09-23T11:31:42.295-04:00"The week after September OpEx is typically d..."The week after September OpEx is typically down 80% of the time. Window dressing typically helps the bulls as September, and Q3, comes to an end. The last two days of September are typically weak. "<br /><br />I don't follow. Should the end of quarter window dressing help this week, or not?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-22508546966565169032013-09-23T11:26:33.314-04:002013-09-23T11:26:33.314-04:00How come the indexes and utilities are moving away...How come the indexes and utilities are moving away from each other?<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-16853515965674242402013-09-23T11:25:03.031-04:002013-09-23T11:25:03.031-04:00once everyone was leaning the same direction... PO...once everyone was leaning the same direction... POW right in the kisser. things that make you go hmmmm, pretty convenient that the fed says the complete unexpected and the very next day says you misunderstood. LOL what a rigged game.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-92201726219030404922013-09-23T11:24:16.062-04:002013-09-23T11:24:16.062-04:00What are you shorting?
FeS2What are you shorting?<br /><br />FeS2Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-84808893309885532682013-09-23T11:01:17.122-04:002013-09-23T11:01:17.122-04:00Short again - geez this has been a losing trade fr...Short again - geez this has been a losing trade from 1703<br /><br />BBAnonymousnoreply@blogger.com