Oil is screaming higher. lower than expected inventory build. All things oil are flying giving a big boost to the market.

ARWR - Could test trend line support just under 7. Would 6 get you you 5? Support looks solid at 6. Some questions about hep B medicine efficacy.

http://www.streetwisereport.com/biotech-stocks-in-unseen-move-gilead-sciences-nasdaqgild-cytori-therapeutics-nasdaqcytx-arrowhead-research-nasdaqarwr-arena-pharmaceuticals-nasdaqarna/114687/

http://finance.yahoo.com/news/analyst-wants-proof-arrowhead-researchs-193813921.html

Sudden spike out a nowhere. Must have been a central bankster flapping their lips over how wonderful zero interest are for the planet.

Oily things are sucking up rotation money despite super massive inventory build. I'm told it's seasonal. Can we get a few more predictions for $15 oil?

Biotrash is reversing back higher after micro sell off. BIB still in the red though. Don't tell ALNY. It doesn't care. Over value is alive and well in the land of biotrash Fed zero rate fantasy. GWPH wins the pot head stock of the day.

And now presenting the queen mother of over value... SHAK. Those burgers must cure prostate cancer cause this thing is priced like biotrash.

Volatility game. Crooks like these for playing volatility. Options have decent open interest. Selling premium is preferred strategy.




Too much faith in the Fed. Reverse split likely coming soon...

So oil is going to be a good short again? Money pump crooks talking oily things up to find new victims to give them their profits. Buy oil dips. Sell oil rips. Crooks playing it like a fiddle.

Market is Fed chew toy yoyo. There seems to be no conviction here. Biotrash caught some rotation. Oily things have a frowny face

Fortunately the crooks have a strategy for dealing with this type of scenario. First, get the Fed crooks to money pump all while decreasing earnings estimates by a large amount. The money pump then serves to artificially prop the market, while the crooks take profits with little fear of taking the markets down. Then when the abysmal numbers are reported, the talking heads will claim a beat when the drop was only 4% as opposed to the "expected" 4.6%. This gives the market an additional pump because "earnings beat!", preventing the rout that should occur. Finally when earnings are all done, the investors look around and say "hey" knowing they have been had and the big correction begins. Finally, the investors unload their shares back to the crooks at an extreme discount and magically a market bottom appears. The investors now having been thoroughly bilked, stew on the sidelines while the crooks run the whole steaming pile back up. Rinse. Lather. Repeat... and HFT crooks love uncertainty. lol.

Looks like another manic Monday based on Fed fraud fantasy. Faux jobs numbers so bad words can't describe. Global econ deteriorating by the minute and Greece about to collapse. It will if the EU demands compliance. They won't. Money will be thrown down the Greek hole.

Manic Mondays have recent history of being followed by terrible Tuesdays. Will this Tuesday be different? There is a chance. First we are entering the earnings funny money period. That seems to get the crooks all hot and bothered. Should keep a floor under this fraud based market, unless the misses are so bad that even lies and Fed fraud can't save it. Doubtful but always a possibility.

Oil is screaming higher with the middle east collapsing into complete ruin. Oil sure loves a big body count. It just may get huge one. A low body count probably puts oil back into the 40's since burning oil the old fashioned way is going out of style. The money rotation into oily things should then rotate out. Wash. Rinse. Repeat.

Meanwhile TSLA explodes 8% because it built 5 more cars than expected. Hyundai builds more cars in 10 minutes than TSLA built in it's entire existence. KNDI should be so lucky, but the markets trade best on fantasy. Facts always get in the way of a good rally. KNDI has to deal with reality. TSLA has fantasy to spare.

Behold the economy is collapsing faster than Mrs. Doubtfire can achieve a microscopic .25% rate hike rally. Crooks are loving it. They can short this mess tomorrow if the algos are so inclined. I swear this thing looks so contrived...

China slowing faster than expected. Failing economy equals more stimupork, which is what the PBOC was promising over the weekend. Mrs. Doubtfire also came out of her alcohol fueled stupor to blather on about rate hikes which means there will be no rate hikes. Crooks went wild, but that is short lived. Crooks already selling to bag holders in training. Thus the weak overall performance not accurately reflected in SPX up 24 hooptamathingies. What a scam.

Central bank roulette... Don't stay short overnight as long as a central bankster crook is drawing breath somewhere...

Dip buyers found their level and 2050 is it. I would expect this bounce to stall and retest the 2050's. Of course there could always be another v bottom miracle, but that won't happen without some central bank interference somewhere.

BABA has been building a base. I am considering an entry.

CRESY - I started a small long a last week. South American ag play. Mostly crop land in Argentina I think. Might add some but want to see oversold. It's getting there. Down 3.5% today.

CBI - Bought starter shares a few days ago. I like the chart here. Very tight BB's. Could run on a breakout.

PAL - I remain a long term bag holder on a tiny position. Haven't really considered adding so far. Are shares being accumulated here or is this just penny crook pump dump price action?

EXXI - Showing life with oil bounce. Should have added at 3, but chicken. Talking heads got to me with oil going to 30's BS. My bad as usual.

Oil - Talking heads tell me this should be 30's now. Why no 30's talking heads? Could be talking heads are full of it. Could be US is not running out of storage room. Talking heads can't stop ranting about oil storage. Could be talking heads need to shut their pie holes.

http://finance.yahoo.com/news/sorry-never-oil-storage-crisis-162957996.html

Japan getting closer to nuke restart. All politics aside, this is going to happen. Are the control rods about to raise on NLR?

http://www.reuters.com/article/2015/03/19/us-japan-nuclear-restarts-idUSKBN0MF0TP20150319

SWC - 600 contracts of the April 16 calls have traded so far today on an OI of 1,955. These contracts are trading for 0.05 x 0.10. Looks like maybe a bit of a lottery ticket on a short term pop, but 15 looks like tough resistance.

Looks like the market is running out of Fed fraud fantasy gas. What if you had a dream that everything the Fed has done for the last six years has been wrong and then you woke up and found the dream to be real? Something tells me next week isn't going to be like this week. Mrs. Doubtfire needs to be locked in the liquor cabinet. It's in the best interest of everyone except the liquor.

15 min divergences everywhere. Not the bull kind...

JUNO - This one looks pretty overbought on fantasy. Smacked right into resistance in all of one day on heavy pump dump short covering. Could run on a breakout over 60, but not sure the short interest is high enough for a lot more. This could be a good short here, but there is no signal yet. This company doesn't make a dime. Probably never will make a dime. Might get bought out for too much, but that is it.

http://news.investors.com/031815-744152-juno-therapeutics-big-q4-loss-sees-high-cash-burn.htm?ven=yahoocp&src=aurlled&ven=yahoo

BIB option spreads are too wide and the volume too thin. There are no option trades on BIB. Swing trade it long. BIS for swing trade short.

For options IBB is better. Spreads are still wide, but there is better volume. All action is front month so with little time and less than ideal spreads, this one is options on expert level. I don't touch it.

BIB/BIS for swings are OK. These can avoid the slaughter of individual names like a failed trial or the like.

Buying in biotechs reaching hysterical levels. Companies with huge cash burn, no profit, and nothing on the market are being given huge billion dollar valuations. When this turns the exit is going to get very crowded very fast. Don't think free fall. Think rocket assisted reentry.

Patient has been removed. lolololol. Like it mattered. Mrs. Doubtfire is not raising rates. Not now. Not ever. Free money for crooks continues unabated. Dollar gets slapped hard. Gold spikes. Those GLD call buyers were on to something. How many already knew the answer ahead of time. Couldn't have been more than half of them. Wink... aaaand oil spikes. Thank you Mrs. Doubtfire. Now you can get back to your liquor bottle. We don't need you sober. We don't need you. We don't. Don't.

GLD - The action in the April calls looks good. Easily outpacing puts. The 112, 114, and 117 strikes are seeing the most action. The spreads are reasonable. Under a nickel in most cases. I can't tell if there is any premium tacked on for the Fed fraud meeting, but IV's are low. Around 18. I have no idea how gold will react to the Fed fraud. The April 112 calls might be worth a shot. There will be intraday resistance around 111. If the Fed fraud can't move GLD over resistance, then this trade may stall and premium start to bleed, but at least it will be a slow bleed with such low IV's.

Biotechs continue to grind higher. Crooks could care less about the Fed. Why? Because crooks know that Mrs. Doubtfire is not going to raise rates. Mrs. Doubtfire is not even going to hint at raising rates. Sure looks like new highs are coming.

No fear here. None...




Ram it higher. The stimulus express...

XLE over sold bounce. Could be some shorts covering before Wed to avoid any surprises to the upside. Too early to call turn around. Oil should remain under pressure for near term at least.

EXXI got off to a horrible start today after a multiday beat down. Back almost even on the day. CFO bought 25 k shares on the 3/6. Bad timing on his part, but I like that an exec is supporting the company when the talking heads are trashing it.

http://www.gurufocus.com/news/324337/weekly-cfo-buys-highlight-energy-xxi-ltd-synacor-inc-bank-of-commerce-holdings-inc-

Oil inventories Wed along with Fed. Big build expected combined with dollar explosion is crushing oil. Fed will not raise rates. Fed will not hint at raising rates. Could cause immediate snap back for dollar. Might help stop oil plunge above 40. Just too much Fed happy happy joy joy BS to bet on anything. Volume is pathetic. All action is HFT crook fraud and gamblers.



No conviction behind the HFT crook fraud move...

Big move nothing more than standard manipucrap going into Fed fraud meeting. So far doesn't seem to be a lot of conviction. Could pick up if shorts start to panic. Are there any shorts left in this ponzi fraud?

Biotechs continue to outperform.

PBR... Get the government out. It's the only chance...

http://learnbonds.com/ppi-turns-negative-on-annualized-basis-20150313/

SWC... Lots of shorts in this one. Would need to get above 15 to get those shorts heading for the exit. Current environment not likely to let that happen too quick.

OIL and EXXI. It's ugly. The ban hammer came down...

http://blogs.wsj.com/moneybeat/2015/03/10/junk-bond-investors-get-primed-at-the-oil-pump/

2040 is now support. Bears are going to have hard work to take it out. Bulls have now rekt 2060 as resistance. 2070 is easy test. Won't stop the bull fraud train. Slowing global econ has no affect on bull farce. It's all central bankster crook driving market now. South Korea is latest central bank to ease with .25% surprise cut. Crooks rejoice. Every time the markets suffer even the tiniest of corrections, a central bank somewhere steps in and QE's or cuts rates. The market reaction is always the same. What a scam. Oh and Mrs. Doubtfire will not increase rates in June like it matters. Crooks already know this.

The dollar explosion is crushing oil, gold. Soon it will crush the overpriced market. Mrs. Doubtfire didn't properly account for euro crook incompetence. There is no way Mrs. doubtfire can raise rates on farcical jobs numbers with a collapsing euro.

This is going to be a problem for a market in fantasy land coming soon...

Getting oversold, but expect 2040 to get taken out. Not sure if can get to 200 dma before dip buyers or bear trap. Market way overdue for a sizable correction so no way Mrs. Doubtfire raises rates based on jobs farce numbers alone. So far nothing more has happened than crooks running their tradebot scams. Classic pump and dump bs. Amazing that now entire market is pump and dump.

Big volume dump on close...

That was a mighty fine hissy fit over an interest rate hike that hasn't happened and if it does will be so tiny that it will suffer from small rate hike syndrome. Where's that 100 dma? Crooks seem to like to bounce off of that if can get there before dip buyers.

SSH - Oh well. It was fun while it lasted.

http://finance.yahoo.com/news/sunshine-heart-provides-u-pivotal-103000370.html

EXXI - 5 was all it could get for now. Oil bears are moving in. Solar is where the bulls are at.

Found this over at stocktwats...

http://stks.co/p1dzu

Bubble works for solar too.

Tiny one day sell off and the bulls are back while the biostorm rages.

KNDI looks like some consolidation, but is China slowing gonna send it back to under 11? I don't have any KNDI now, but should look to get in. Maybe some short puts could work here.

BABA - Big reversal. News got too negative. Dip buyers swarmed. Shorts panicked.

The overvalue is strong in biotechs. Overvalue is concentrating in this sector. Hard to get any sustained downside until this bubble pops.



Example of extreme overvalue is ICPT. They have promising liver treatments that may one decade make for a profit... or not. Broke governments aren't willing to spend up on their servants and the servants can't afford the treatments while paying for broke governments. Meanwhile the overvalue party continues unabated.

No momentum. Just worthless HFT crook chop and hype.

HFT crook bulls are oinking like little piggies. Bears are mythical creatures rumored to have once roamed in plenty.

Oink oink...