Tuesday, August 13, 2013

I Don't Want To Be A Fader No More...


The Conviction Bulls threw caution to the wind and tried to push things higher again.  I switched gears as fast as I could and got rid of my SPY $164s and SPY $165s, jumping into some SPY $167s instead.  I'm grateful there was even something left from my positions and I could get two more weeks as a Semi-Bear.


Is the Hindenburg Omen for real?  It's anyone's guess.  


But boy am I positioned for it!


I've been waiting for the SPY crossover forever - and this time, I vow not to blink!  


Could a convergence of the Hindenburg Omen + SPY bearish crossover on key SMA levels spike the drinks and push my profits higher?


The Good Lord knows it's just what I need!


-2.00% SBA

-1.30% Roth IRA

+0.20% DJIA

+0.40% Nasdaq
+0.28% S&P 

+0.57% FTSE

+0.57% Eurofirst
+2.57% Nikkei
+0.23% Shanghai
+1.49% SENSEX (9FM, are you in the mood to fill my wallet?)
+1.21% Hang Seng

+0.40% WTI

+0.56% Brent
-1.03% Gold
+0.18% Copper
-3.39% Corn

+1.35% USD/JPY

+1.06% EUR/JPY

-0.65% DJT

-3.90% VIX

+4.22% 10-Year US Treasury Notes


42% Advancing Issues on NYSE             |   42% Up Volume

55% Declining Issues on NYSE              |   56% Down Volume
3% Unchanged                                   |   2% Unchanged
145 New Highs  |  211 New Lows

47% Advancing Issues on Nasdaq          |   51% Up Volume

50% Declining Issues on Nasdaq           |   47% Down Volume
3% Unchanged                                   |   2% Unchanged
138 New Highs  |  30 New Lows

P.S. Major Headlines Today:

Carl Icahn Announces On Twitter That He Has A Major Stake In AAPL
DOJ Sues To Block US Airways & AMR Merger


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