Original_Stock_Whisperer

Original_Stock_Whisperer Updated 

Simply look at the green shaded areas.. green horizontal lines.. green box. Take your pick. If you are bullish, that is as high as you are going... if you are bearish... you will end up at the bottom. Hint, look to your left.. realize what is happening going into this.... I just wanted to update this for the bullish side of the story. Mark off this area...

Original_Stock_Whisperer

So this week... targets are the green lines.... something should stand out at you right away being the blue lines were last weeks targets. I set a grey line for a potential little area to watch out for, can you see what I would be looking for? Look to the left. But other than that... ultimately the green lines are my targets for this week. The first, a...

Original_Stock_Whisperer Updated 

And that is all one needs to do.. set the alerts for the part of the chart that count. Now... how low can Amazon go by close... let's see. I might have to settle for the 3120 area or can it break and head to that 3000 level... maybe not till next week ... that's ok though. Just know where things are headed to. Maybe next week Amazon can even head to...... ...

Original_Stock_Whisperer

Looking over some things tonight, doing some calculations and I will just say, if you are long whatever stocks you are in, unless you are long a bearish ETF ...... I just feel bad for you. I am seeing a very nice move for next week, I think anyone on margin is going to be shut down next week. To be updated over the weekend at some point.

Original_Stock_Whisperer Updated 

Things are playing out pretty well. Caught in the flag still but not for long........ while I do think we need a little wake up call to the bulls, like a nice beating, I am not sure if we begin that beating tomorrow or next week. We may just close a little sideways and down tomorrow to somehow finish at the 451s? Have no worry though...... next week can end...

Original_Stock_Whisperer

A real life friend who I have known since I was 19 messes with the stock market texted me, kind of laughing saying a friend of hers has high hopes for RCL. The guy is clueless. I pulled up the chart and realized right away, tell him to say goodbye to his money and wow, what a great short! So thats what I am doing. See ya Royal.... my only thing is do I...

Original_Stock_Whisperer

Lets see if we close in the 451s for the week.............. just a hunch. See where we are at Fridays close. I bet you alot of people will be sweating over the weekend wondering whats coming Monday......

Original_Stock_Whisperer

What will be key is to see how we end the week.... know this.. pretty much everything (including the UBER play, congrats to those that took it) is topping out for the week. What will be key here is to see how we end the week. I see people calling inverse head and shoulders, blah blah blah. Lets see how the week ends. How strong do we reject. Or do we go...

Original_Stock_Whisperer

Told you 42s would be seen... (post below) Scared money makes no money. Know what you are looking at .. if you dont know how to do that, dont be in things. What I would be looking for is for that rejection candle showing up shortly and going short......... If you did the 37c for this Friday and the 42P for a few weeks out.. you are sitting pretty! ...

Original_Stock_Whisperer Updated 

Gap fill is on its way. Remember 459s is the move the market has priced in for the week. We hit that we should be rejecting. We should be rejecting for another obvious reason as well. Look for it. Report tomorrow should hopefully be garbage to sink the market so bulls I would be selling into the strength and bears be looking for that rejection. I would...

Original_Stock_Whisperer

Its going to be turn around time for CMG sooner than later. Don't forget to lock in the profits. The re-test (not chartered) was expected. Don't forget to put your stop just in case it wants that little bit more but after that, its time to head on down................... RIP CMG.

Original_Stock_Whisperer

I would like to see 3k at least this week to get things rolling to the downside................let the drop begin. In the event I am wrong... that's ok. 3300s I am fine with. I am still short at 3220 (missed it yesterday, forgot to set my limit order). Not today I wasnt. I will be patient.

Original_Stock_Whisperer

Whats the "headlines". Amazon is buying PTON.. Nike is PTON. How about Burger King or CVS? Maybe Lowes will buy PTON. I think you catch my drift. I would not want to be holding Peloton. I would not short it.. well, I would but I am not. Out of 8000 tickers, there are better things to be in. Someone is unloading their PTON and as always, gets some...

Original_Stock_Whisperer

I think Uber wants to make a decent move this week on earnings. What do you guys think? Buckle up.... it's going to get a little crazy this week in Uberland. I would be all for profit taking after that earnings move! Uber is maybe itching for the 42s... just maybe.

Original_Stock_Whisperer

The blue lines show what the market is looking for this week.......... I know this is an emotional group over here so I will just mark this as "neutral".

Original_Stock_Whisperer

Something has changed for this week. SPY is looking to make a move of about $11 this week. I marked that off in the blue horizontal lines. Last weeks are marked off in yellow. These blue lines are your boundaries for this week, assuming we stay within 1 deviation. What happened? Something did. Can you spot it? This is where you need to play what the...

Original_Stock_Whisperer Updated 

Next week on SPY, the market is looking for about a $11 move. We are ending things in a awkward place it looks like. Mark off $11 from todays closing price, whatever that turns out to be. $11 to the downside, $11 to the upside. Would I rule out running up to the 463's nope. I wouldnt. Be weird but its definitely on the table. Some of the stocks I could...

Original_Stock_Whisperer

I would like to see a close below 440 today. 439s would really be ideal. I think some of you know why. If not, I will make it obvious in my weekly update tonight or over this weekend.