NYX going higher! AAPL going higher!
NYX closed @93.60
AAPL closed @89.20
AAPL should see $93 before any possible corrective move.
NYX should see $99-100 before any possible corrective move.
These two stocks were on fire today while many stocks on my screener were languishing. Tells ya something about them doesn't it?
AAPL broke out of $86 today, which was the trigger to go long (from previous day's post). I was gettin a little fancy (and greedy) this morning by trying to get a quick scalp shorting it at $87.50, hoping it would dip back to maybe $1. I didn't see the overall market that strong, and in fact it wasn't strong. Unfortunately, AAPL was very strong. AAPL has bottomed short term and is trending higher and i recommend you hold your long position.
NYX i have no doubt is going to $100 soon, and possibly to new highs if we don't get the much anticipated market correction.
AAPL closed @89.20
AAPL should see $93 before any possible corrective move.
NYX should see $99-100 before any possible corrective move.
These two stocks were on fire today while many stocks on my screener were languishing. Tells ya something about them doesn't it?
AAPL broke out of $86 today, which was the trigger to go long (from previous day's post). I was gettin a little fancy (and greedy) this morning by trying to get a quick scalp shorting it at $87.50, hoping it would dip back to maybe $1. I didn't see the overall market that strong, and in fact it wasn't strong. Unfortunately, AAPL was very strong. AAPL has bottomed short term and is trending higher and i recommend you hold your long position.
NYX i have no doubt is going to $100 soon, and possibly to new highs if we don't get the much anticipated market correction.
posted by beanie11111 | 12:05 AM
82 Comments:
Please do not confuse my daily posts with the comments. AAPL if you look at yesterday's post says that you gotta go long if AAPL takes out $86. I am sure my call to short AAPL @ $87.50 in today's comment section probably confused some of you.
I should have specified the short was for a quick daytrade scalp.
I'll try to be careful next time.
See ya tomorrow!
ICE is showing a "long-legged doji" candlestick figure today that could POTENTIALLY signal a short term reversal to the downside. But there is something else i'm seeing that says we're going higher tomorrow.
We'll see.
Gold price spike signals to market direction
It was interesting to read about your observation on big gold price spike yesterday as big guns loading up as an insurance against market correction. It co-relates nicely to the gold price spike last year in April & May from 520 to 720. Nasdaq went down 10% in two months after that.
I know there are bobble heads out here who just will not listen to any views but the market going straight up, but Beanie brings up an interesting point for discussion. The gold price spike is just currently in the beginning stages and is interesting to see if it goes any further.
I am buying GLD and SLV short term.
Click here to see the graph of the relation between gold price spike and Nasdaq subsequent 10% fall. Note this is only for last year and does not cover any other gold price spikes.
AAPL to da moon!
MRVL breakout! Get on board!!!!!!!
MRVL at 20.10 right now. I got no doubts it's going higher
NVDA a great short here at 33.10 gap up
Gosu, one days spike does not form a trend, for all you know gold could tank today. yes, thanks for giving the heads up, but we should wait for a trend to form before deciding that the market might be weak. Right now nothing is showing that the market is weak. All your numbers are helpful as they should make us cautious, but there is no basis for modifying our portfolio.
Absolutely Alok. You are right. Every portfolio needs adjustment from time to time. Aggressive portfolios are 80% stocks and 20% bonds. Conservative portfolios are 50% stocks or less and 50% bonds.
My portfolio - 60% stocks, 20% gold 20% other commodities and 20% on margin for daytrading.
There is a difference between being a bear and being cautious.
2500 is a good support level for Nasdaq, as long as it remains above that level, there is no need to think anything else other than that the market is going up.
I was just commenting on the comment Beanie made yesterday
The semis are taking flight this morning. Strong rally today? Stay tuned...
Obama. I can see why so many people like him. Charismatic yet soothing and honest.
OPBL a buy this morning.
P Diddy
beanie, i would agree with you on NYX, but Cramer was pumping it again last night...which i think normally spells the KISS OF DEATH. but we shall see.....and NYX does look very strong right now, actually the past 2 trading days.
-markrat
markrat,
don't doubt NYX anymore. It's going so much higher!! Buy some and buy all dips, and then some!!
buy buy buy, this thing is gonna fly
OBAMA - MEDIA HYPE.
He has been put on a balloon by the media and is flying high.
Just wait a year, the media with rip apart his balloon and he will fall hard on the ground.
100% of all cash?
(no margin)
-markrat
Beanie,
You suggested to buy ISE.
Yes, they had good earnings two weeks ago. They need better volume to move the stock up. I think this is a safe long time play.
When do you think it will hit $50 mark again?
A.
ICE lookin really good
austin,
once ISE gets above 48, $50 is a given conclusion
beanie..nasdaq is way overbough right now..do you think aapl and nyx still can go up to your intital target or do you think they will correct?
ICE is a buy here at 163. Support at 162 holding
ICE if 162 breaks we sell and short
jay,
yes i do think they will get to their targets, as long as the market holds and not go into a big crapper.
The QQQQ's are hitting important resistance today. Bears are making their last stand, before they get pulverized.... lol
NYX: is a great place to add more at 94
ICE:
i am not 50-50 about this stock. Upgrading to the possibility that it could crap out today. 162 is where you short when it breaks!
ICE:
'i am at 50-50 sentiment on this stock right now
I have an open order to buy ICE at 161.25. Short it at 162 and give it to me.
People said if GOOG broke under 465, they'd short it. I had my open order on GOOG filled at 462. Go figure.
MMs trying to suck your shares by making you think the stock goes lower after a certain number. If you think it goes under 162, short it now and cover it at 161.
anon,
do not buy ICE!!! It is now a broken chart. Short it. Could go to 150
I am out of both NYX and ICE already. Can't help but get a nagging feeling a correction is near
Hmm....interesting, I'll buy a bit of ICE and use you as a contrarian indicator.
I still hold my long from 95/share. Not worried one bit.
TRMM is making a move out of its month-long consolidation stair-stepping base on a maked increase of volume this morning.
50-day simple moving average has turned up nicely and the stock has recently received an analyst upgrade and increased price target.
The chart looks beautiful!
Thanks for a great pick Beanie on what is turning out to be a great deep value play.
Lowered my buy order just in time on ICE, changed it to 159.35. :)
Beanie, please stop commenting about ICE
You are confused as hell.
However, you were right about gold spike relating to big guys positioning themselves
What a hard fall in the last 15 mins. What the hell happened?
short ICE!!!!!
THIS IS THE CORRECTION WE'VE BEEN WAITIN FOR!!!!???
Filled ICE at 160.25, thanks for shorting it down for me.
ICE is going to close in the green, you watch.
The hard fall was what I call sucker and panic selling.
I was able to pick up some more NYX at 93.01 during the panic selling. I am holding tight on this baby for $100 target.
A.
May i interest you in some NVDA shorts?
Not watching CNBC. So, what news came out.
HEHEHEHEHE...
News headline on marketwatch.com still says Nasdaq leads stock gains
Looks like these guys were ready to market to just take off..just like some anon. morons out here...hehehehe
Now marketwatch says Iran news...Iran missed UN deadline.
Thats no news. Everybody knew that.
Suckers...
Must suck to watch ICE rocket back up from 160.
Weekly MACD on the INDU, has me very bothered......just too damn overbought. If we get a crossunder - everytime we have seen a 1000 point correction.
Watching this like a hawk, getting close, very close.
West
Also another key indicator called the TRIX, turning down, no cross yet but if it does I will go 80% cash.
Any break of 12523 be very careful.
West
Pick up Some MAMA. Expect a pop in a day or two...
IMAX and AZPN looks really good also...
why is there going to be a pop in MAMA?
Very likely we gonna have selloff next week.
Be wary.
I gotta run an errand and will be back later.
Have a great day! See ya.
P.S. ICE is a short.
MAMA always has strong support from the 50 day and 20 day moving averages. It also has been consolidating sideways on (extremely) decreasing volume.
West, a very good post, please keep us in the loop if you see the cross over.
It's all about oil. Check out these 2 pinks. HMGP and NVMG. Yeah, yeah, yeah I know, don't bring that stuff around here. Check out the charts and underlying fundamentals. These are long term hold stocks!
Native American Energy Group (NAEG - symbol NVMG) is an independent energy company that has established its infrastructure and operations on the Fort Peck Indian Reservation in N.E. Montana. The company specializes in acquiring and revitalizing abandoned oil fields with substantial known reserves in place, as well as, introducing energy alternatives such as wind & geothermal energy solutions.
Hemi Energy Group is an independent crude oil and natural gas producer capitalizing on technological advances to exploit mature fields with millions of barrels of proven oil remaining in the ground. Using attractive contract and lease/royalty packages, Hemi has secured tens of thousands of acres of productive, domestic projects.
BOOM announces earns tonight. It's a blowout. play a few on the gap up tonight and tomorrow. you will thank me.
Fister
Where's the "Big smile on your face" jerk today?
ICE isn't going down easy but it is going
ICE < 159.7
Thanks for thinking of me anon! Don't worry, I'm smiling all the way to the bank today! :)!!
XING has topped short-term.
:)
Hmm...BOOM..nice idea.
You guys do realize that if this is the start of the correction that means Gosu went bullish right at the top. Whoever posted about him being a contrarian indicator may have actually been onto something.
lol
Good one guys. I did not realize the "Gosu indicator" is the most powerful of all.
HEHEHEHEHEHEHE
guys nasq and s&p are hardly down today, why all this negative sentiment already?
and what have we here nasd is GREEEEEENNNNN
i say correction my A$$ today is not an indication of anything but a confused bear.
Check out XNPT...
BOOM - large lots buying at or above the ask. 200% volume. this might be the mother load...and a legit well run compamy to boot.
YESS!!! Thanks for whosoever you are for reminding me on BOOM
Thanks buddy on BOOM.
BOT 400 BOOM @ 34.25, 3:55 EST,
SLD 400 BOOM @ 36.75, 4:05 EST
JC here. I called myself fister in an earlier post. ha
Congrats on BOOM. BUT HOLD IT. Call will announce that the company has doubled capacity. 40 by next week.
youre welcome. enjoy
Gosu,
I'm suprised Anonymous didn't mention you post like you have ADD. I thought I was the only one that post like that...LOL
Pamfla
XING closed at 19.55 - should go higher tomorrow...
Hey Beanie,
What do you think about CYD? I know it was your original recomm. at 7.80, about three months ago.
Today, it went up about 10% on 10 times the average volume.
Correction or not, this is an interesting read.
wow, this market just don't want to go down! The permabears are reaching the point of extinction! lol
Even CYD is rallying! roflmao
Beanie and others, CELG looks like its going to go up. What do you guys think?
A newsletter I subscribe to just yesterday called to buy CELG.
Immediate target 58.
I own it.
Did anyone still watching RVBD,it was low 28 a week ago, it's closed today at 33.29-17%+ gain.
any BEARS in the house?
This guys seems to be.
Even Cramer is helping our ICE short:
http://www.thestreet.com/_yahoo/funds/lightninground/10340430.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
short it!!! lol
anon,
CELG looks really good.
ICE to 148!
Then to 125?
HMGP and NVMG Should have liatened to me yesterday.
Check out the fundamentals. These are long term hold stocks!
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