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johnsontrading

  1. [greader] Thursday Notes - Today's Tank Transcript http://bit.ly/42NUGb $$
  2. Russell and Nas looking good thus far - $QQQQ screamed through yesterdays highs while the $IWM and $SPY haven't done it yet. $XLF lags big
  3. [greader] FUQI Short Setup http://bit.ly/19Zr9D $$
  4. [greader] The High and Tight Flag (by Biffermas) http://bit.ly/3u1m6n $$
  5. $IWM was the key - finishes -1.1%
  6. $IWM down .46% while $SPY is up .88% = Not reassuring for the upside crowd
  7. @joeltelling @justinsBBQradio Rails a great indicator of economic health, WB likes simple businesses- If US stays healthy BNI should too.
  8. Using this week for research as the market is oversold and is having trouble bouncing. No need to force trades $$
  9. [greader] Oversold Consolidation http://bit.ly/1XF9CW $$
  10. QOTD cont. - questions are yes, there is no way you can fail." - Lou Holtz
  11. QOTD cont. - (2) Are you committed to the task at hand? (3) Do you care about other people and show it? If the answers to all these...
  12. QOTD: Lou Holtz- "The answers to three questions will determine your success or failure. (1) Can people trust you to do your best?...
  13. $XLF showing relative "strength" in that it isn't below Wednesday's lows. Watching to see if it plays catchup
  14. $SPY at Wed lows
  15. high tick of the day there - mkt character improving - want to see us over the 20 bar avg on $SPY 5 min charts
  16. $QQQQ holding up well today while the $IWM is a total dog
  17. Until we take out yesterday's highs I'll only be buying weakness on divergent TICKs - wait for the stocks to come to you $$
  18. So far nothing outside of expectations following yesterdays big move $$
  19. PMI at 9:45 est, mich sentiment at 9:55 and employment cost at 10:00 - no trades for me until after the numbers come out
  20. Other thought - the Huskies should have won the national championship with Brandon Roy.