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SPDR S&P 500 ETF Message Board

ibdman15 181 posts  |  Last Activity: Apr 22, 2015 9:00 PM Member since: Mar 10, 1999
  • Reply to

    Death Cross just Occurred on NYSE Comp

    by ibdman15 Feb 3, 2015 11:33 AM
    ibdman15 ibdman15 Feb 3, 2015 3:12 PM Flag

    yesterday's EVENT was Apple was investing $2 B in AZ! today's event is.....
    don't know yet.

    Sentiment: Strong Sell

  • Reply to

    Death Cross just Occurred on NYSE Comp

    by ibdman15 Feb 3, 2015 11:33 AM
    ibdman15 ibdman15 Feb 3, 2015 3:10 PM Flag

    before the 4 PM close we get the DS reversal on a news event and a panic sell into the close

    Sentiment: Strong Sell

  • NYSE Comp topped on July 3, this is fifth rally above the 50 dma. and of course that DEATH Cross today

    Naddy topped on 12-26 and this is already the third rally above the 50 dma on that and the Q's.

    Perfect short op setting up. Last weak hands on short side throwing in the towel. However, near record bull-bear spread over at Investors Intelligence a contrarian indicator. most all the pros are Bullish and very few Bearish equity newsletter writers. just 16% or so.

    Sentiment: Strong Sell

  • Reply to

    Death Cross just Occurred on NYSE Comp

    by ibdman15 Feb 3, 2015 11:33 AM
    ibdman15 ibdman15 Feb 3, 2015 2:43 PM Flag

    while the NYSE Comp is currently at 2:40 PM smartly above the Death Cross that just occurred, there is now a gap between 10838 and 10676 that will fill below the death cross. Today we shak out the final short weak hands and the plunge is about to occur taking the NYSE COMP below 7,000. This is the fifth and final rally above the fifty!

    Sentiment: Strong Sell

  • Wahoooo! buy buy buy. Tom Lee says 2350 SPX. even with deceleration in sales and earnings across the board we get the multiple expansion Buy the dip idiots!!! The FED and the Goldman Sachs will not let the equity market decline until all the folks over 65 are 100% all in. Then they steal their money.

    Sentiment: Strong Sell

  • and look how the declining 50 dma became resistance on the Naddy and Q's! Huge selling

    Sentiment: Strong Sell

  • ibdman15 ibdman15 Feb 3, 2015 11:04 AM Flag

    central bankers have to keep the faith. remember Bernanke in early Nov 2008 stated that it was possible that recession could be avoided until it became official later in Nov 2008 that it began in Dec 2007....after the market was already down 50% on the Bankster fraud. Can't believe some of the things these guys and girl wil say to keep the Ponzi going. The terrorists are likely after the Global Central bankers because they have a huge affect on the sweet bliss and continued spending in the developed world. and they want nothing more than the US and Europe to suffer like the Muslim world. How is the velocity of money lately?

    Sentiment: Strong Sell

  • on volume and market will be in correction as we take out the January lows. It's going to happen. be prepared. already in a new Recession with zero interest rates and no exit strategy for the FEDERAL reserve. Yet the Obama adminshin' says everything is just Ducky. Look at the drop in sales, earnings and estimates going forward. hasn't been this bad since the start of the last two recessions in 2001 and 2007. I know CNBC is cheering for higher oil and commodity prices and a weaker US Dollar but they may not get what they want.

    Sentiment: Strong Sell

  • Sell today's dead cat bounce and add to short positions.
    Per IBD today on Monday's action:

    Stocks reversed higher in another volatile session Monday, the first trading day of February.

    While the action was positive, it did little to change the current market picture.

    Helped by gains in energy and financial stocks, the S&P 500 outperformed with a 1.3% gain. It pretty much erased Friday's loss. Energy makes up 8.3% of the index, while financials have a 16% weighting.

    The Nasdaq rallied 0.9%, regaining most of Friday's loss. At Monday's low, the Nasdaq and the S&P 500 were off as much as 1.2% and 0.7 respectively.

    The Dow Jones industrial average climbed 1.1% and the small-cap Russell 2000 rallied 0.9%. Leading stocks lagged on the session, as the IBD 50 rose 0.2%.

    Volume ended lower on both major exchanges, a disappointment. Strong price action is more convincing when there's big volume behind it. But breadth was solid. Winners outpaced losers by nearly 3-to-1 on the NYSE and close to 2-to-1 on the Nasdaq.

    Stocks were all over the place Monday amid more lackluster economic data. Consumer spending and factory activity disappointed. (See story.) Reports of Greece negotiating terms of its debt with its creditors helped the stock market in late trading.

    Despite Monday's action, the market uptrend remains under pressure and the main indexes themselves continue to be in a big trading range.

    The direction of the general market can have a big impact on individual stocks. A strong uptrend can carry most stocks, while a harsh downtrend will punish them.

    The volatile conditions make it tough for trading growth stocks. That, along with a cluster of distribution days in recent sessions, are reasons for investors to remain cautious.

    Sentiment: Strong Sell

  • It had to do with Apples $2 B investment in AZ. what?? just 150 F-T permanent jobs only?

    Dow could drop another 500 tomorrow. Greece means nothing has about the same GDP as VA if that.

    also after a big down January (7% down on the XLF), and a huge first trading day of February, the market has always declined 18% or more dating all the way back to 1880! Thomas Lee knows nothing and Yellen has no exit strategy. The Banks are colluding and hiding something big.

    Sentiment: Strong Sell

  • maintain his huge year end target on the SPX I wonder what he will say when the SPX is around 1600 by May? He will downgrade but it won't be reported.

    Market crash is occurring. Final distribution phase occurring before the downdraft gotta just get out.

    market cycle is now in final stage of "complacency" before the "anxiety" kicks in, then the "denial" before the "panic". Get put before its too late and your 6 years of gains are gone. Bears just 16% Bulls 53% last week, extreme spread once again on this contrarian indicator of Investors Intelligence.

    US can't pay back the $18 T. We will be downgraded and default.

    death cross occurred on the NYSE today. four rallies above the 50 after the early July break. NEAR perfect short set up on NYSE COMP from How to Make Money selling stocks short.

    Sentiment: Strong Sell

  • Reply to

    Brady should NOT be the MVP

    by waiting4correction Feb 1, 2015 10:26 PM
    ibdman15 ibdman15 Feb 1, 2015 10:38 PM Flag

    neither one needs a Chevy Truck. Should have given it to Malcolm, the kid/rookie/community college guy. GM Stinks cause they screwed the bondholders and the government bailed out the union.

    Sentiment: Strong Sell

  • and now another win in 2015. Could the SPX decline 40% this year? 2002 had about the same January Performance as 2015 too.

    Sentiment: Strong Sell

  • ibdman15 ibdman15 Feb 1, 2015 9:42 PM Flag

    looks like this first week of February will be the biggest down week in four years. better get ready. Starbucks to get wrecked if Seattle wins giving away free coffees worldwide. mostly of this week's wreck is due to global decelerating sales and earnings. and of course the FED with zero exit strategy and Obama and his administration simply being DUMB

    Sentiment: Strong Sell

  • ibdman15 ibdman15 Jan 31, 2015 10:03 PM Flag

    is this a problem with the current happenings in Greece and that Feb 28 th deadline?

    Spanish radical left party gets boost with huge Madrid rally .....

    Sentiment: Strong Sell

  • third longest Bull market ever. the other two ended 1929 & 2000. and the third has ended in 2015.

    Sentiment: Strong Sell

  • Reply to

    Small cap looks good.

    by horse4chmn Jan 29, 2015 3:10 PM
    ibdman15 ibdman15 Jan 31, 2015 8:11 PM Flag

    Really, new highs on risky US small cap growth?? IWM will take out $100 by Feb 14 and $90 by February 28 when Greece collapses. $50 sometime in 2015 and IWM ain't splitting 2 for 1. The entire world goes down thereafter. Because there are other countries like Spain, Ireland, Portugal, Argentina, Russia, China etc lined up to go under next. and if anyone thinks the US will be able to service it's own $18 T soon to be $21 T of debt load when rates are back to 5% is smoking too much weed. way to go Obama, Yellen and Bernanke. Keep listening to CNBC so they can tell you exactly what words to use in your sentences so the MARKET is not surprised

    Sentiment: Strong Sell

  • Things to consider
    two consecutive down months
    bulls are born on pessimism (feb -march 2009), grow on skepticism (09-10), mature on optimism (11-12) and die on euphoria (2013-2014) hockey curve turned distribution.
    Is the bull 6 years old or 3.5 years old factoring in the 20-26% corrections that ended in October 2011. Most Bulls run 2-4 years so either way this Bull is long in the tooth. largest correction since 2011 has been just 13%.
    Share buybacks - corporations have for the past four years had nothing better to do with their excess cash flow than repurchase shares so if the economy improves and they buy back less shares and increase capital spending, markets could really crash since they and the FED have been the underlying Put.

    when oil prices rebound the consumer is Totally screwed, and the high paying oil and gas jobs in the US will already be gone. be careful what you wish for.

    In a nutshell, now is the time to get out of equities, mutual funds, retirement target funds and sit in cash. then buy back in when the SPX is down 50% or more from the 2100 high so around 1050 would be a good entry point. and don't forget about the earnings and sales downgrades that are occurring each and every day.

    Sentiment: Strong Sell

  • Reply to

    NYSE Death Cross

    by ibdman15 Jan 28, 2015 10:21 AM
    ibdman15 ibdman15 Jan 30, 2015 10:54 PM Flag

    yes and so it goes. even Carter Worth was looking a bit worn out with his "presumption" charts on Fast Money tonight. he knows the US market is about to crash and burn. Winter will last about 9-18 months or so. Trillions of wealth will evaporate. do not be left holding the bag as the music stops.

    Sentiment: Strong Sell

  • ibdman15 ibdman15 Jan 30, 2015 7:57 PM Flag

    January Performance down across the board
    SPX 3%
    NDQ 2.1%
    Dow 3.6%
    Financials (XLF) 7%
    R2k (IWM) 3.2%
    Semiconductors (SMH) 3.5%
    Oil (USO) 12.3%
    IBD MF Index 2.53%
    But TLT up almost 10%!!!!!

    Per Bespoke and The Ben Bernank, 94.3% of the time when these key indexes are down by these %'s in January after a six year Bull market and near zero interest rates, the year ends down 25% or more. and it's even more prevalent when the financials are down 7%! so much for the January effect???

    Now IBD still has the Uptrend Under Pressure but they will shift to Mkt in Correction after the Super Bowl. what if there is a Measles outbreak in Phoenix....or something way worse????

    I know, I'm an Idiot and should buy the dip to keep the Ponzi scheme going. but it will be better to buy the dip when the indexes are down 50-70% several months out and the LONGSare jumping out of windows and the number of folks with $1 M in their 401 k plan drops from 72 k down to 10 k.

    Sentiment: Strong Sell

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