Bquat's Account Talk

[nnuut]

Bquat...sorry for the hijack, buddy. Just wanted to share a quick thought this evening...

My wife and I went to a friends funeral today.
He passed unexpectedly last Thursday and left a large, loving, family behind. Today's funeral quickly turned into a celebration of his life which, I hope, helped the family cope with their loss in a healthy manner. I realized how important, long term important, it is for that family to always remember the good times. I know kind words/memories have helperd me in the past....

When we left the lunch I remembered Show-me (can you believe that was in 2013) and also thought of others that used to post around here and may, or may not, be with us still.

This is just a burr in people's ear to remember those that have left before us and who's loved ones may need, or at least appreciate, a kind memory. I plan on finding Show-me's wife's email and dropping her an email...along with several other families who have lost loved ones in the past few years.

Thanks for reading...

Show-me was a fine person, Spaf was another it's sad and I miss them and others a bunch.

 

[Bquat]

Here"s the charts:

 

[Bquat]

Are things going to get more bullish the longer we stay above the consolidation box. Will volatility to ignore become the norm or will a correction come soon?:suspicious:

 

[Mcqlives]

I think the S fund will be the first to tell if we are headed lower. Happy trading!

 

[RazorCat]

Moved to G today. Need a breather. Consequently, the markets will probably go straight up, and bonds will continue to post gains.
Good luck all.

 

[Bquat]

Is the pop and drop a false breakout? Will the continuation pattern in the F Fund act as a Bear Pennant for bonds. Will Yellen raise rates to slow the market. Greenspan probably would have already. I have a line in the sand where the blue line to the red line could be a sideways consolidation. So what do you think? Will this dip be bought? We are in an oversold condition but could embed:

 

[kb9nvh]

I think semi irrational buying should be followed by some pull back. So do I buy today or tomorrow. Where is JR when you need him.

 

[Bquat]

I think semi irrational buying should be followed by some pull back. So do I buy today or tomorrow. Where is JR when you need him.

Do you mean JTH?

 

[kb9nvh]

Do you mean JTH?

Yeah..Sorry..Forgot his name...Good job reading my mind.


Sent from my SAMSUNG-SM-N910A using Tapatalk

 

[Bquat]

Is the pop and drop a false breakout? Will the continuation pattern in the F Fund act as a Bear Pennant for bonds. Will Yellen raise rates to slow the market. Greenspan probably would have already. I have a line in the sand where the blue line to the red line could be a sideways consolidation. So what do you think? Will this dip be bought? We are in an oversold condition but could embed:

Blue line held.Tomorrow we'll see which:

 

[RazorCat]

A couple of noticeable market drops this week.
Wonder if we finally get a significant correction before heading back up.
Been a while.

 

[Bquat]

Charts:

 

[FogSailing]

Excellent question BQ. The dollar and Euro have been going crazy appreciating the last few days. Lots of talk from the Fed and media about Yellen raising rates. The yield curve has been flattening which normally serves to scare folks in stocks more than in bonds. If Yellen does raise rates that could change but I think the bond market has already absorbed most of a rate hike so the impact could be more in stocks. At any rate, I doubt stocks would pullback further than 2330 since there are so many bulls in the market. Of course a game changer would be some "real bad news".

Things that could play in the larger picture:
The Debt ceiling - March 15th
Tax cuts this year - May depend on what happens with this Russia investigation.
Obamacare overhaul this year - May depend on what happens with this Russia investigation.
Infrastructure spending - As soon as they can figure out cutting other areas to pay for it - May depends on what happens with this Russia investigation.

If Yellen decides to hold off a rate hike until June, tomorrow and Monday should see nice gains in the bond market and a selloff of the dollar. We'll see what happens manana..

FS

 

[Bquat]

Some are wondering if we are in a volatility to ignore mode after the consolidation:

 

[Bquat]

With both the S Fund and F Fund both having a chance to embed today I have no sense of market direction short term. I did want to point out too things. First is that I have added a 34 DMA to show more of a monthly direction. I chose 34 because it's half way between the 18 and 50 day. Secondly I have a circle in the F Fund showing the effect of the consolidation on the moving to cause them to group up. Is this any indication of a bigger move coming?

 

[Mcqlives]

I likey....Splits your dma's nicely and makes a decent median line all by itself!

 

[Bquat]

With both the S Fund and F Fund both having a chance to embed today I have no sense of market direction short term. I did want to point out too things. First is that I have added a 34 DMA to show more of a monthly direction. I chose 34 because it's half way between the 18 and 50 day. Secondly I have a circle in the F Fund showing the effect of the consolidation on the moving to cause them to group up. Is this any indication of a bigger move coming?

Weakness continues in both. Moving averages in F Fund are coiling up more::suspicious:

 

[Bquat]

Is this second coil a show of more weakness in bonds coming or is it a bottom:

 

[Bquat]

With both the S Fund and F Fund both having a chance to embed today I have no sense of market direction short term. I did want to point out too things. First is that I have added a 34 DMA to show more of a monthly direction. I chose 34 because it's half way between the 18 and 50 day. Secondly I have a circle in the F Fund showing the effect of the consolidation on the moving to cause them to group up. Is this any indication of a bigger move coming?

That said on the 7th. Charts now still show weakness::worried:

 

[Bquat]

What's going on in oil? Is the drop potential met: USO 4 Hour forgot label: