The Lost Files: Code Blue On the Nasdaq For 3 Hours...

Amidst the chaos, I was not able to take profits on any of my positions today, virtually losing my skirt!  By the end of the day, they had revived the Nasdaq and no one's going to complain as it seems to have a healthy heartbeat, closing the day as one of the day's biggest gainers.

I want some more +100% fun, but the disciplined Weekly Chart Watchers must be eyeing tomorrow's close with an eagle's eye view.  

Today's daily close was below the S&P 50 SMA of 1657.98, but will there be followthrough?  If we see a definitive close tomorrow, I'm going to get back into those SPXU calls!  A 6% move down on the SPY would yield about an 18% gain on the SPXU, which means we could be headed back up to $26 or so - and I might have gotten faked out...


-4.51% SBA
-1.22% Roth IRA

+0.44% DJIA
+1.08% Nasdaq
+0.86% S&P 

+0.88% FTSE
+0.94% Eurofirst
-0.44% Nikkei
-0.28% Shanghai
+2.27% SENSEXy (Maybe 9FM will be in a good mood again?)
+0.36% Hang Seng

+1.18% WTI
+0.09% Brent
+0.12% Gold
+0.56% Copper
-1.91% Corn

-0.46% GBP/USD
+1.08% USD/JPY
+1.07% EUR/JPY
-0.47% EUR/GBP

+1.97% DJT
-7.40% VIX

+1.61% 10-Year US Treasury Notes


79% Advancing Issues on NYSE                 |   80% Up Volume
19% Declining Issues on NYSE                  |   18% Down Volume
2% Unchanged                                       |   2% Unchanged
68 New Highs   |   81 New Lows


77% Advancing Issues on Nasdaq              |   81% Up Volume
20% Declining Issues on Nasdaq               |   18% Down Volume
3% Unchanged                                       |   1% Unchanged
86 New Highs   |   19 New Lows


Today's Major Headlines:

Nasdaq Code Blue (Almost Surreal)

Carl Icahn Tweets That Meeting With Tim Cook Has Been Set For Early September - Potentially To Discuss Magnitude of Share Buyback