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It is indeed final, http://www.bbc.com/news/uk-politics-36615028
Might spend some time on analysis over the GBP, sure it's going to get oversold to pretty pathetic levels, might be one of the only short term call's I might be interested in.. something to watch for.
Lol they keep up with their fun pre-market pumps, lol we wake up and it's up 5% before open
Either that, or they throw in a rate hike that they need to get over with, and hope that we just handle the blow all at once, but we know yellen would never do that, but sure would be a cherry on top for all of our put's
was just looking over this, since I don't have the energy to grab any of my books which mention the breakers, should be interesting to see if we hit any of them tomorrow, or not even if, how many we trigger.
http://www.investopedia.com/terms/c/circuitbreaker.asp?layout=infini&v=5A&adtest=5A&ato=3000
Hey I called the market top a week and a half ago, and everyone wasn't having it lol..
Picked up some SPY January 20 170.00 Put's today 2.49 each... those will be fun
Was already thinking about that, but considering how low it may open, the amount of stop losses and slippage that are about to occur, I might wait a day or two lol. hit a nice bounce back up to whatever the primary support level is, exit those throw profits onto some shorter term puts, and rest of the cash into some more longer ones.
Before I jump of excitement, considering I'm holding heavy amounts of puts on Oil related equities, Spy and DIA, realistically how likely is the result to remain leave lol... I really am convinced considering how drastic institutional selling has been already and such, practically confirming a leave vote, but not sure how well that's a predictor in regards to how major this is haha
breaking 2,000 right now, goodbye if vote remains.
Also if it opens up down more than 3-4 STD deviations, most likely we'll be seeing a crazy sell-off, most funds employing proper risk management, have stop losses in that area lol... and those will be fun to watch trigger.
I know, that's all this past month has been, stated on here not to long ago, but sadly everyone loves to keep their optimistic attitude despite reality, last month of gains have all been pumped up pre and post market lol with little intra-day momentum upwards, only down, literally a balloon waiting to pop and plus by keeping it inflated, it'll fall down fast enough to breach 203, then its a long way down from there (: should be fun, currently have loaded new puts on DIA,SPY, and CVX throughout this past week.
Picked up a nice stack of January 175 Put's... If leave move's forward further the increase in implied volatility, and a nice sell-off, I'll happily pocket a few hundred percent for 10 minutes of work, with the current technical situation, the Spy being at over 210, and potential brexit, all in the same day, lol such easy money.
Nikkei most likely going to close down atleast 3%, HSI down 3% already, and of course CME's website is a fun watch right now, tomorrow if leave vote pulls through should make for a very interesting day.
I assess everything, put the whole picture together, and go from there, not a single indicator I use every technical category for the most part, each is just a tool in your tool box, depend on a sole thing or even indicators and oscillators overall only and you'll get lost in whats going on. Also good feel from monitoring the markets consistently day and night.
Gap down monday fall through whole week, Oil, and equity etf's will get torn up after hours and while commodity exchanges are running constantly in there own world, by the time we open on monday, Spy will already be sold off significantly or enough to point how the week ago but then again, all just depends where the process is at by open, I like to look at things now days on more of a continuous flow rather than days. I think we'll see a down monday light retracement potentially tuesday then fall through the week.
Yes and it looks like I was correct? Next week is the fun week though
Told you guys lol, here comes our full on bear market hope everyone's ready (:
I gave it a half percent of upside wiggle room in my post which i said in the beginning, if you call today a good day at all, I might question your standards greatly, just wait the fun times are here, couple of laggers had good days today, the first ones to break down in the prior down leg, just kicked down today through their supports, talk in time, if your confident load up on some calls. It's composed of 500 stocks lol, expecting it to react perfectly is unrealistic, I'm calling a major top, I don't mind being off by a half of a percent or a few days lol relative to the degree this is that's not even noticeable, check back next Friday and we'll see if the optimism is still here.
I mean at the end of the day it's an index, just analyzing it's top 10 holdings, and each sector signifies tomorrow's a solid down day,
The primary 10 holdings accounting for 18% are all going down tomorrow, so I mean relatively speaking I'll assume the rest will be in a pretty similar attendance of the trend..
AAPL,MSFT,XOM,JNJ,GE,AMZN,FB,Brk.B,JPM, and T (:
I had those initially assumed it would hit 212, retrace to 198 and move to 216-220, but just seems like with how everythings aligning we may not get to hit that last leg to the peak, especially looking how some of the early retracements are taking place looking a lot more like downtrends, also how distribution is occurring with inorganic pops up followed by heavy selling down, just lost hope in the final leg of the year. if we break 198 like it's starting to look like, we simply won't set a new high prior to the economic downturn we are riding in to. Plus my other post are a little more detailed, on my opinion.
Say hypothetically it does top out at 220, that's a 4.5% upside potential which is extremely stretched in our conditions, and we currently have a 21% downside potential, pretty easily in a longer term sense, in a risk/reward sense I feel it's a lot safer to stay in cash, or become a bear, just saying.
Highly Recommended to read(:Goodbye Market
I mean I posted here a few months ago that it was going to 212 when it was at 198... crucify me for a tad bit off lol but I'm only posting on here just for the proof that I called it, To many different factors lead to a cross verification that this is indeed a market top, other than if another short covering rally and institutional mark-up with aimless traders and investors push us back up to 210 maybe one more time which I highly highly doubt, this is the end, fun while it's lasted.
Oh and people who think this is a breakout to the upside, I'll comment to you prior to me receiving dumb comments lol... This has fallen, has no buying pressure really, it reaches a new low, everything get's marked up after hours or pre-market which has very little non institutional contributions, so it gets popped up on light volume just so the crowd follows with hope pushing it back to new highs, then institutions distribute at new high's much more than was required to mark it back up, churning shares that have been held for a very long time, Not like they want to just unload hundreds of millions of shares on the market, that would not be good for average price of exit, so this little 3.7% move over the course of the last few days, is inorganic, and simply a result of short covering from weak hands, and institutions driving it up so they can unload before things significantly collapse, it helps there averages a lot.
Doubt me look at the candlestick bar volume 31 May 15:00, if we were going much higher why would 35,700,000 shares of the spy get distributed, that's 7.497 billion dollars, the 3% markup we just had added 224,910,000 dollars extra to the sale, not including what would've been lost in the slippage if it would've been sold 203.50ish.
Of course some of that obviously wasn't all institutional, but majority was.. Sorry 3 gaps up with everything pointing to a major decline, and each of these gaps we're followed by very little intraday movement, points to us having a major decline imminently due to a lack of buying pressure,amount of shares needed to be distributed, vast amount of weak hands due to just rotating their long positions to stocks that haven't declined yet which just leads to more overinflated prices to collapse, and of course currently overinflated prices.
Oh also left out on my last post in all of the factors I listed, I left out simple inter market analysis is another fun factor to add, and when commodities with the equity market decline together ( which is occurring right now to start ) it only adds to the bearish fun.. and can't forget a quick markup prior to negative new's relating to economic policy releases by the fed, even if it's just okay new's make a great opportunity to unload a lot more share's, I mean that's new's only real good use anyways.
Don't have the time to simplify or revise what I wrote so hopefully it makes sense as I'm in a hurry and have to go, could elaborate for hours, but I'm sure this will due the job
Well wish everyone educated, or open minded the best, it's time to make a lot of money.
Talk in time
Sincerely,
You're rape and pillage bear Nick
Today's the top of the equity market for a very long time, other than 4/20 which I entered puts then as well and profited nicely, Won't see these prices for years, could go a percent higher at max if more uneducated people stick to their sad sense of hope and ignorant buying but, should start the major decline EOD, or tomorrow. Goodbye equities, nice knowing ya.
Monetary policy, politics, technicals, fundamentals, and cyclical movements, as well as commodity flip is pointing to the next great bear market, here we go hope everyone is a bear, if not lol thanks for your money that'll be in my accounts.
Don't care to contact the sketchy transfer agent and try to get exact numbers out of them..
But I can say there was over 165 million shares released in the first half of last year, who knows how many the second half. Why do you think this stock randomly got marked up and started going up when its not valued at anything, Because they want to sell there 165 million shares at the highest prices, they wouldn't have sold them towards the end of the year cause the stocks pps was nothing, so they mark up a stock creating an uptrend and then distribute slowly and cleanly until it's extremely obvious dilution is going on.
Breakout Confirmation,Technical Analysis,Annotated Chart Included
Haven't had to make changes to my chart I posted starting a few days ago, were breaking out perfectly according to our ranges, soon the big move up will begin, no where but up from here.
Click to enlarge then your browser should allow you to click to zoom so you can clearly see all aspects of it.
The markets is never wrong, only traders are. I wouldn't rely on indicators, they not accurate on illiquid securities, as there isn't enough accurate data for them to operate efficiently off of. The fact 10k could tank this stock, qualifies it as pretty illiquid. The downtrend is not false for the second time, there's been over 60 million shares sold off, thats very real, denial is also.
Because of people who would continue to buy it back up with averaging down, and are in denial about how bad this stock is lol... could easily turn a 100%, then it'd be flipped back down.. easily double 10k or so
It's a predefined amount so it's not really anything worrisome, only when it's based on dollars and not shares, are share payments really an issue, plus we just had millions of shares returned, this won't affect anything, also they're restricted for awhile.
You can refer to my posted chart if you'd like to take in technical analysis, indicators aren't that accurate in stocks containing lack of consistent volume throughout the day such as stocks in the SPY and such, so you should refrain from judging things off of that, also they have such flawed range correlation in regards to OTC stocks, you should rely more on reading the stocks movement instead of relying on indicators which reflect poor accuracy in the market your commenting on.
MIDAM shall receive
$90,000 payable under the following terms: (a) $45,000 USD in restricted common shares of
Progressive Care, Inc. (RXMD) valued at $0.04 USD per share (1,125,000 shares) pursuant to
Rule 144, and (b) $45,000 in cash paid monthly in $7,500 USD installments for the length of the
term.
Also considering midam profited greatly from the last deal they had with us, due to the amount of capital gain they received from rxmd moving up throughout the contract up until release I'm sure they'll be quite good to us in delivering the upmost amount of their services.
Then the fact they are paying in cash also demonstrates there solvency because they are no longer requiring full financing through shares, but instead have enough cash flow to now spend on advancement and increase shareholder value...
Looking good!
Technical Analysis,Annotated Chart Included,Giant Moves Ahead
Everything looks great, it's broken out of it's consolidation, currently establishing it's legs to breakout strongly upwards. Sitting right on support, No where except up from these levels.
Click on chart to enlarge, then your browser should allow you to click so it zooms, all of the indicators and such took up a lot of space.
News isn't anything insane to drive the share price up, but the great part of it is, is that it continues to show validity for RXMD. RXMD is consistently staying in contact with investors and potentials through demonstrating it's goals while promoting transparency in managements decisions and plan. This company continues to build evidence of it's stability and legitimacy which separates it greatly from over 99% of OTC stocks, this in trade will continue to expand the breadth of the potential investor universe, RXMD's volume is drawing from.
Well considering your looking at a automated program for technical analysis already is funny but, yes a bullish engulfing candle can be bullish, but basing trades off candlestick formations can prove very inaccurate especially considering the size of candles in OTC trading, or when a close is painted up, there isn't enough volume to practically paint a days worth of trading in a candle in the otc market as there are with normal stocks, so they aren't very conclusive. With a normal stock a candle demonstrates thousands of trades and market behavior so it is more informative, compared to this stock where the candle is represented by very few trades. Candlestick's can be useful but aren't really that predictive whatsoever, many false reads, what's better to do is look through intraday charts, much more informative, but then again with stocks as these there's not much trades so it doesn't matter to much in comparison to more liquid instruments.
Any organic retracement usually will include a counter-trend engulfing pattern, but dies off quickly, usually fakes investors out and then they lose money, almost like a mini bull or bear trap.
They have no profits, the acquisition has fully been paid for and is still being paid for through dilution as it shows in the filings with convertible notes, so the only way to pay off those notes will be through the shareholders, which has been there only way of affording there financing lol... so yes the notes will be paid off, from you guys though if not the company goes into the trips, have fun (:
The close on friday was false, as it was painted and should not have closed up to where it did.
The downtrend is not false whatsoever lol here's confirmation of that.
Yes I know it's on a weekly scale, as I am not taking the time to add up daily volume amounts.
Oh and don't forget as the share price plunges the volume at lower levels should almost double because of the price to equal a similar dollar value as the volume at higher prices... so this stock is dying and it's very evident.
Company isn't worth a thing.
All consolidations get flipped around until it stabilizes, it's a good thing, once it hits the floor, flipping dries up, all weak hands are out, it demonstrates the trend will continue, then boom, momentum will kick in from people accumulating the stock at a discounted price in comparison to it's future price, there's no upwards resistance as volume has dried up and weak hands are out, it moves up, people realize it has volume and momentum then hop on, it begins setting new short term high's and people have a fear of missing out then buy, momentum players buy, flippers accumulate to ride to a new level until it drives up the price to a unsustainable level then the process repeats, organic growth at it's finest.
( general statement to everyone ) : The general market isn't even up 3%, most people should be patient as the returns for this stock has been exponentially greater than the equities market, and since I'm posting about a stock in the OTC market, I doubt much of anyone actively diversifies through futures so... enjoy a stock that is most likely the one of the only securities you'll be involved in that's not shown much correlation to the equities market and has had a strong positive gain.
RXMD has paid off all of it's debt, and the share price is currently up hundreds of percent from where it was , the companies no longer in the dark as they have constant shareholder communication, they are scaling growth nationally, and breaking previous records for there revenues consistently. I think the CEO is not only content but quite excited and motivated by the current results.
News doesn't matter as a indicator to go up or down, all news does is contribute to volume where ever the stock is at in it's movement.
Look at equities in the S&P, most of the time when news comes out, all it's used as is a way for institutions to profit release, as it promotes enough volume for them to do so without creating much slippage, as if there was no news liquidating some or all of there position would cause a noticeable price change. News is always anticipated so far in advance and factored into its price prior to the release as well lol... If only trading was as simple as buying a stock on news and selling once momentum dries up, but it's not, it's a lazy persons way of carrying out trading as a hobby.
They post revenue's monthly, it's good communication from the company, there not going to drive inorganic growth, would you prefer good news or no news?
Proper communication alleviates anxiety of investing into OTC stocks for investors, so I think I'd chose for them to continue, as it draws in further investors....
HPTG going down,Annotated Chart/Technical Analysis Included
Not looking good at all technically, companies postponed reporting, excessive amount of shares in the amount of hundreds of millions ready to be diluted, as the PPS drops more shares will be given for dilution to compensate for lack of value in stock, maturity dates releasing shares are soon. Company has no profits. Broken fundamentally, technically and is in the process of converting debt. I wish I could short this, congrats to all of those who have been able to access available shares to short with as I can't find any, anywhere lol. Oh and shoutout to everyone who still owns shares after weeks of warning you to exit, and it's still continually dropping, you could've swallowed your pride, and retained some of your capital, but oh well.
Click on chart to enlarge, makes it more legible.