tag:blogger.com,1999:blog-8084606426992105990.post8066269744346978554..comments2023-10-29T06:32:19.009-04:00Comments on The Keystone Speculator™: Keystone's Morning Wake-Up 10/24/13; AMZN; F; MO; MMM; MSFTKeystone Speculatorhttp://www.blogger.com/profile/15343512310307344717noreply@blogger.comBlogger22125tag:blogger.com,1999:blog-8084606426992105990.post-9073682084178330202013-10-25T08:27:30.198-04:002013-10-25T08:27:30.198-04:00V, your bullish call will be on target if you see ...V, your bullish call will be on target if you see JJC above 40.19 and UTIL above 506. If JJC remains under 40.19 and UTIL cannot move above 506, probably not.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-43695922013124830572013-10-25T08:22:43.418-04:002013-10-25T08:22:43.418-04:00Okay, V, sounds like lots of folks remain on the b...Okay, V, sounds like lots of folks remain on the bull side. The FOMC decision is less than 4 trading days away now (Wednesday afternoon). Everything is painted bullish by all the analysts and media pundits these days. Even Fed's Fisher is now flapping dovish wings. Many now say QE continues until the summertime. Traders are giddy with excitement. CPC dips to 0.81. VIX remains low. The bull party continues; it is about 2 AM and folks are staggering around, some are passed out, no one is feeling pain, and everyone sees no reason to exit stocks. The band plays on although an odd request comes from the guy sipping coffee in the corner requesting to hear 'Taps'.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-89531292955823029102013-10-25T08:16:01.475-04:002013-10-25T08:16:01.475-04:00(The RSI juice is only in the last couple hour tim...(The RSI juice is only in the last couple hour time frame so it may lead to early strength Friday morning but it should peter out.)Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-73304534187592866702013-10-25T08:14:28.728-04:002013-10-25T08:14:28.728-04:00Negative divergence across every indicator over th...Negative divergence across every indicator over the couple-week time frame. The RSI's show a hair of juice but the indicators hint that a roll over is on tap. Lower lows on money flow over the last couple days. Stochastics overbot at the ceiling.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-85176158234347754242013-10-25T08:11:46.847-04:002013-10-25T08:11:46.847-04:00That is interesting Scott, price came up to fill t...That is interesting Scott, price came up to fill that gap with Thursday afternoon's price action.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-29163136368695323652013-10-25T08:10:19.769-04:002013-10-25T08:10:19.769-04:00AMZN bounced strongly last evening on the earnings...AMZN bounced strongly last evening on the earnings beat. It may pull a NFLX where it ends the day down today. The weekly and daily charts are negatively diverged across the board, this is a set up you never want to fade, hence, the short side is the side to be on despite any further price pop. AMZN is likely on borrowed time. The holiday season is on tap so they are trying to create lots of buzz and excitement. It should be sideways to sideways down here forward. It may take a few days for the smoke to clear.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-41794326015540183342013-10-25T08:07:34.275-04:002013-10-25T08:07:34.275-04:00The Dow is interesting nowadays, as the SPX and RU...The Dow is interesting nowadays, as the SPX and RUT rock higher, the blue chips are lagging, so it is key to watch to see if the Dow can move above 15700 (now at 15509). Trannies are spiking vertically due to the drop in oil.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-8370337974966599082013-10-25T05:11:38.115-04:002013-10-25T05:11:38.115-04:00The key target is now between 1777 and 1826 to be ...The key target is now between 1777 and 1826 to be reached until October's FOMC. <br />Like Scott said...up, up and away ! <br /><br />V.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-14257082477781400662013-10-24T16:45:02.831-04:002013-10-24T16:45:02.831-04:00that is like comparing apples to donutsthat is like comparing apples to donutsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-26723817677358106432013-10-24T14:49:01.140-04:002013-10-24T14:49:01.140-04:00http://stockcharts.com/h-sc/ui?s=$INDU&p=60&am...http://stockcharts.com/h-sc/ui?s=$INDU&p=60&yr=0&mn=1&dy=0&id=p08153970094&a=319046691scotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-53387508907490066182013-10-24T14:39:43.959-04:002013-10-24T14:39:43.959-04:00up up and...
oh you know how the song goes...
L...up up and...<br /><br />oh you know how the song goes...<br /><br /><br />LOLscotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-72802075776692213272013-10-24T13:09:18.083-04:002013-10-24T13:09:18.083-04:00these kinds of narratives will keep you from actua...these kinds of narratives will keep you from actually seeing what is happening...<br /><br />we may already had the end of Oct pullback - watch the gap on the 60 min and if the dow starts to catch up.<br /><br />transports have been very bullish - <br /><br />there is a low schedule for mid Nov and and significant pullback in mid Dec.<br /><br />this is still an uptrend and we may be in wave 5<br /><br />given that the SPX has broken above a long term meridian, as long as it stays above 1650ish then there is a fair possibility that the secular bear market is over...<br /><br />sideways markets do not last forever.<br /><br />it is at least possibility and creating narratives is not analysis....scotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-8127034643930897102013-10-24T13:02:00.422-04:002013-10-24T13:02:00.422-04:00above 1753 and the gap on the 60 min and the HS pa...above 1753 and the gap on the 60 min and the HS pattern is a bust <br /><br />scotthttps://www.blogger.com/profile/13178732477945523027noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-89163885269330142562013-10-24T11:39:25.030-04:002013-10-24T11:39:25.030-04:00KS,
AMZN? From a fundamental perspective drastica...KS, <br />AMZN? From a fundamental perspective drastically overbought on every metric. It still keeps ticking upward. What do you think about getting short?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-12906150667242488842013-10-24T11:24:54.311-04:002013-10-24T11:24:54.311-04:00This is simply incredible.. we might never see a c...This is simply incredible.. we might never see a correction ever again... i hope gsguy is alright.... cant someone turn 8ff the printing pressAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-12269690043754308962013-10-24T11:19:03.326-04:002013-10-24T11:19:03.326-04:00I already have a few friends slipping through the ...I already have a few friends slipping through the cracks. Just wait till the market turns down in a big way, it won't be pretty. Social unrest.<br /><br />Speaking of turning down, the market has a few weeks of bearish divergence to burn off before it can zoom higher. A slow drift down to 1707 ish might not do it. Might have to scare folks. Well see.Zighttp://thekeystonespeculator.comnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-11067827075249650762013-10-24T10:42:40.510-04:002013-10-24T10:42:40.510-04:00"Like a midget at a urinal, we're gonna h..."Like a midget at a urinal, we're gonna have to keep on our toes" -NL AH thank you, I'll be here all week. Try the veal piccata and don't forget to tip your waitress... :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-89425448655854468032013-10-24T10:26:18.740-04:002013-10-24T10:26:18.740-04:00Everybody, this original poster is a troll. The l...Everybody, this original poster is a troll. The last line was our tip-off.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-61805193391626866652013-10-24T08:52:13.218-04:002013-10-24T08:52:13.218-04:00I guess he doesn't even know what the Labor Pa...I guess he doesn't even know what the Labor Participation rate is either....Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-1327619919832876792013-10-24T08:49:08.482-04:002013-10-24T08:49:08.482-04:00Well said KS. Notice how all his focus was on all ...Well said KS. Notice how all his focus was on all the money he made in the stock market and not about how poorly the economy is really doing...... I thought his whole point when he first opened his mouth was the ECONOMY????Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-61454716963966307592013-10-24T08:15:26.734-04:002013-10-24T08:15:26.734-04:00Anon, you will be one of the success stories. Cash...Anon, you will be one of the success stories. Cash out of all those longs and reap the rewards. Send a thank you card to the FOMC and perhaps ask your neighbor if he needs a hand, since he has been out of work for over 3 years and his family is falling apart.Keystone Speculatorhttps://www.blogger.com/profile/15343512310307344717noreply@blogger.comtag:blogger.com,1999:blog-8084606426992105990.post-71796218318501157242013-10-24T07:14:37.271-04:002013-10-24T07:14:37.271-04:00Clearly KS is not very well educated when it come ...Clearly KS is not very well educated when it come to the US economy. To make a statement that the debt is doing little for our unemployment problem is just wrong In 1929 we faced a similar debt implosion and the fed decided to teach everyone a lesson and constricted the money supply. We quickly skyrocketed to 30% unemployment and ushered in a stock market collapse and 15 years of depression. This time the fed acted to delay and temper the disaster by printing money and expanding the money supply. We have 7.5% unemployment rate and a stock market that has doubled. The whole thing may still come crashing down but at least Benanke bought us some time and has allowed me to reap a fortune over the last 5 years. Anonymousnoreply@blogger.com