tag:blogger.com,1999:blog-8084606426992105990.post717002808922084253..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Morning Wake-Up and Midday Market Action 7/5/13; Monthly Jobs ReportKeystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8084606426992105990.post-16785698024554789412013-07-07T15:25:35.880-04:002013-07-07T15:25:35.880-04:00KS-
After the S&P 500 bounced from the 1560 l...KS-<br /><br />After the S&P 500 bounced from the 1560 level in June, and started its run to todays level, we expected a run up to 1637 and then price roll-over down to ~1580. <br /><br />That felt like it was so long ago, since we have been fighting for the 1614 and 1618R gauntlet for so many sessions now; however, since we are approaching the 1637, do we still anticipate rollover from 1637? After I saw Friday's session, I was pretty surprised to see VIX hammered below 15. The technical trend seems to point to a significant melt-up. I just wondered about the rollover from 1637 since it was mentioned recently.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-71727749884912965222013-07-05T17:04:07.278-04:002013-07-05T17:04:07.278-04:00Agreed, I have made some nice trades on it for dim...Agreed, I have made some nice trades on it for dimes, just hesitating on holding any shares...9.88 was the bottom and it can't seem to hold 10.50 for too long...today it got a nice spank and the 10.20 is the key hold...interesting what next week will bringAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-52043409954453839242013-07-05T15:47:07.138-04:002013-07-05T15:47:07.138-04:00Minute and hourly charts look like its peaked for ...Minute and hourly charts look like its peaked for now. Nothing wrong with ringing the cash register and reentering lower. If it runs, there are always a lot of other fish in the sea.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-35720301678094535282013-07-05T15:42:38.910-04:002013-07-05T15:42:38.910-04:00KS,
Any thoughts on DNDN up here. I opened a spec...KS,<br /><br />Any thoughts on DNDN up here. I opened a spec position after you mentioned it a few weeks ago. It's been a fun ride up and I'm thinking she has a real shot of closing the 5/8 gap @ $4.74. Wishful thinking/daydreaming of island living has it making a run to close the 8/3/11 gap...lmao<br /><br />Happy 4th and have a couple Yuenglings, <br />you deserve it :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-57940885189560643302013-07-05T14:59:44.733-04:002013-07-05T14:59:44.733-04:00That’s a toughie since you can only answer that qu...That’s a toughie since you can only answer that question depending on your risk tolerance, capital, time frames, etc…, but a general answer always provided is to simply follow Keybot the Quant for an answer on market direction. The algo is not designed to catch tops and bottoms but rather travel through the trading year with the lowest risk possible while generating the most attractive return. The markets are too erratic right now and can break either way in the days ahead. So, Keybot is currently on the long side. Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-69099248790897167212013-07-05T14:42:33.276-04:002013-07-05T14:42:33.276-04:00KS, you said that 1636 will be the next target...
...KS, you said that 1636 will be the next target...<br />Does this means correction is over since the low of 1560?<br />Are we heading 1720s?<br />If we are, then it is not too late to get long?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-36728506926075903392013-07-05T14:12:52.921-04:002013-07-05T14:12:52.921-04:00The Moon Phase link in the right margin shows 3:15...The Moon Phase link in the right margin shows 3:15 AM EST (New York) time as the new moon on 7/8/13. So that is interesting, the new moon occurs through the night from Sunday evening into Monday morning's opening bell. Perhaps Sunday evening and overnight futures will be active as the weekend draws to a close. It would also hint that today's prices may serve as the highs thru Monday and/or Tuesday, but, like all other indicators, it is only one tool in the tool box. Egypt is looking shaky.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-30782799562398469932013-07-05T11:06:48.440-04:002013-07-05T11:06:48.440-04:00Let's hope the coming New Moon brings some new...Let's hope the coming New Moon brings some news to the bears. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-22080694617442288692013-07-05T08:48:36.145-04:002013-07-05T08:48:36.145-04:00WLT remains attractive but it is a dangerous one. ...WLT remains attractive but it is a dangerous one. The gold, silver, coal, mining, metals, and shipping sectors are all attractive. Charts are indicating positive divergence and price basing at these levels. XME ETF provides broad exposure to the mining and metals moving forward into the intermediate term (weeks and months). Insiders are buying in WLT, NRP and X but that may be a red herring. WLT has been targeted for takeover for the last couple years so that is at play as well. So, it is simply another speculative trade. Coal should receive a recovery move going forward. Once the shorts start covering that would create a stronger base.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-56213204262749767442013-07-05T08:17:02.287-04:002013-07-05T08:17:02.287-04:00What's your take on WLT lately KS? thanksWhat's your take on WLT lately KS? thanksAnonymousnoreply@blogger.com