NASDAQ COMPOSITE: All Time High (close)

Mis à jour
The Comp closes today at another ATH.

Maybe this bull run might be over soon. But right now it´s still "running" ...

The Dow is closing in to 20k. But it´s not only the Dow. Japan and Italy are still close to 20k as well. The trend is our friend. And right now the trend is still "up". Maybe not for longer, but today. And maybe some more days to come. If you look to the numbers: CFD Trader are 76% short the Dow, SPX and the DAX. The crowd is short but the Comp is up. If we like this - or not.
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NASDAQ Comp: All Time High 09.01.2016

Technical there is some deterioration. But today we see new ATH´s.

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NASDAQ Comp: All Time High 10.01.2016

Technical there is now some improvement. Break a possible rising wedge to the up side (!).
90efcf5696fb6d91896e-62c980cafddf9881bf167fdfb702406c.ssl.cf1.rackcdn.com/data/tvc_074fba6af0d05dbcf4721c054753cb8d.png
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NASDAQ Comp: New All Time High 11.01.2017

Technical is now some improvement going on. Break of a rising wedge to the up side. Comp needs a day with larger gains to confirm this pattern. Pattern like this sometimes ends by a "false break" and a sharp sell off. A break to the upside could trigger a powerfull new move to the upside. Two extrem move possible. Keep an eye on it.

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Please read this (wrong chart in posting above)


NASDAQ Comp: New All Time High 11.01.2017

Technical is now some improvement going on. Break of a rising wedge to the up side. Comp needs a day with larger gains to confirm this pattern. Pattern like this sometimes ends by a "false break" and a sharp sell off. A break to the upside could trigger a powerfull new move to the upside. Two extrem moves are possible. Keep an eye on it.

90efcf5696fb6d91896e-62c980cafddf9881bf167fdfb702406c.ssl.cf1.rackcdn.com/data/tvc_f294083ecf0487451e34a1f1c0142418.png
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Todays Pattern is realy impressive:

The Bears tried to get control about the Comp and it would had been easy to trigger more selling. But finally the Comp is again above this upper trendline of a rising wedge what usally will end as an reversal pattern. If ever it won´t be than the next move will be impressive and will go to the up side.

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NASDAQ Futures closing in on another record high:
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Sellers missed on thursday, January 12th to get controll about the Comp and the NDX. Any further upmove on friday could trigger a buy signal. Once more.
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Check the latest SPX CoT-Report:
wellenreiter-invest.de/Cot-daten/s-und-p-500-index

Large Specs since September 2016 are not able to time the market. The latest numbers are showing that large specs reducing theire net long positions once more.

What does this mean?
wsj.com/articles/billionaire-george-soros-lost-nearly-1-billion-in-weeks-after-trump-election-1484227167

All major US-Indices are close to ATH´s and Hedgefonds are betting for lower stockmarket prices. Any uptick in the SPX cost Millions of US-Dollar. Any suprise might be on the upside still. The downside potential is still limited.
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Possible break out:

invst.ly/33gm3
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NASDAQ-Future 01/20/2016
invst.ly/33tpk
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Todays Candle (Future): invst.ly/33u9a

Long-Legged Doji

DEFINITION of 'Long-Legged Doji'

A type of candlestick formation where the opening and closing prices are nearly equal despite a lot of price movement throughout the trading day. This candlestick is often used to signal indecision about the future direction of the underlying asset.

Read more: Long-Legged Doji Definition | Investopedia investopedia.com/terms/l/long-legged-doji.asp
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NASDAQ Future: Close above yesterday intraday high confirms a strong uptrend and also a strong "buy" signal.
invst.ly/33yta
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01/24/2017
New ATH for the Comp.
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01/25/2017
Dow Jones Transportation Index: Impressive upmove.
If you follow the Dow Theory: The DJT is going to confirm any DJIA all time high if ever rising only a few points higher.
invst.ly/35413
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Comment: 01/26/2017

Watch todays Lindsey Grahams comment on twitter

Border security yes, tariffs no. Mexico is 3rd largest trading partner. Any tariff we can levy they can levy. Huge barrier to econ growth /1
1,092 replies 7,528 retweets 14,604 likes
Source: twitter.com/LindseyGrahamSC/status/824733324769951744

Simply put, any policy proposal which drives up costs of Corona, tequila, or margaritas is a big-time bad idea. Mucho Sad. (2)
twitter.com/LindseyGrahamSC/status/824734113412345856

Now check how many Senators Donald Trump can affort to loose more:
en.wikipedia.org/wiki/United_States_Senate_elections,_2016

Lindsey Graham made the point: Not Mexiko is paying "The Wall". It is the U.S. consumer. Guess how many more senators might vote with a "NO".

USDMXN follow this logic for sure. The peso today again strengthen against the US Dollar - no matter what Donald Trump is telling or "repeating".
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01/26/2017

NASDAQ Composite Index made a new ATH.
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31.01.2017 Expect higher stock buy back volume from Apple to come.

Apple's cash hoard swells to record $246.09 billion
Source: cnbc.com/2017/01/31/apples-cash-hoard-swells-to-record-24609-billion.html
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Feb 01 2017

After 13 consecutive days of something like a "Trump nightmare" expect stockmarkets to return to daily business focused on earning and global growth. Watch the NASDAQ Comp for another unexpected ATH in the next days lead by APPL, FB & TSLA.

FB today: After hours plus 4 USD or 3%. Expect tomorrow a huge break away gap leading the comp higher. invst.ly/36rts
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Feb 03 2017

New All Time High
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Feb 07 2017

NASDAQ Composite Index: New All Time High

Quote: Dow, Nasdaq hit record highs as rally regains steam
Stock Markets49 minutes ago (Feb 07, 2017 11:30AM ET)

By Yashaswini Swamynathan and Tanya Agrawal
(Reuters) - U.S. stocks were higher in later morning trading on Tuesday, with the Dow Jones Industrial Average and the Nasdaq Composite hitting record levels and the S&P 500 coming within spitting distance of yet another all-time high.
Markets have rallied sharply after Trump's election victory in November, riding on hopes that his plans including simpler regulations, higher infrastructure spending and tax cuts will boost the economy. However, the lack of details regarding economic policies and Trump's focus on isolationist policies, including a travel ban on seven mainly Muslim nations, have also made investors cautious. With the earnings season at its peak, stock valuations are in focus given the run-up in shares. The S&P 500 is trading at 17.7 times forward 12-month earnings, above the 10-year median of 14.7 times, according to StarMine data. Fourth-quarter earnings are estimated to have risen 8.2 percent - the best in nine quarters.
"We've been getting some back and forth between the new administration's business-friendly policies versus the disruptions economically and politically from the immigration and trade-related issues," said Jason Pride, director of investment strategy at Glenmede in Philadelphia.
"However, at the end of the day, the expansion is continuing, the economy and earnings are growing and that should support equities." Source: investing.com/news/stock-market-news/stock-futures-rise-with-focus-on-earnings-458407
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Feb 09 2017: Comp. - one more All Time High.
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Feb 09 2017 Quote: Why Trump might play nice with Japan’s Abe

Published: Feb 9, 2017 5:04 p.m. ET

The White House is describing President Donald Trump’s plan to host Japanese Prime Minister Shinzo Abe at his golf resort in Florida as a “gift,” a day ahead of the meeting in Washington between the two leaders. “That is a gift that the president is extending to the prime minister,” White House press secretary Sean Spicer told reporters Thursday about the planned weekend visit to Trump’s Mar-a-Lago estate. Abe and Trump are due to have talks at the White House Friday and the two are scheduled to travel together to the Palm Beach resort afterward. Questions have arisen about the ethics of the trip. Experts cited by The Wall Street Journal said the most appropriate option would be for Trump to host Abe at Mar-a-Lago as his guest, if Japanese government ethics rules permit. Source: marketwatch.com/story/mar-a-lago-visit-a-gift-to-abe-from-trump-white-house-says-2017-02-09
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Comment: FEB 13 2017 Wall St. set to extend record run as 'Trump trade' rekindles
Stock Markets38 minutes ago (Feb 13, 2017 08:44AM ET)
investing.com/news/stock-market-news/wall-st.-set-to-extend-record-run-as-'trump-trade'-rekindles-459544
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Feb 13 2017: Cup & Handle Pattern completed invst.ly/39gg4
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FEB 13 2017: Follow the Dow Jones Transportation Index ---> now. The cup with handle pattern is completed by today. Keep your intention now to any possible breakout in the next trading days.

Dow Transportation: Cup & Handle Pattern Completed Now.
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FEB 14 2017 New All Time High. Watch this powerfull break out.
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FEB 14 2017: BKX - Powerfull break out.

BKX Bank Index Break Out Today: Expect More Gains For Financials
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FEB 15 2017: NASDA
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FEB 15 2017: NASDAQ Comp. goes parabolic. invst.ly/3a2ui
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FEB 25 2017: The Week Ahead: 1 Things to Watch on the Economic Calendar

Quote: Investing.com - In the week ahead, global financial markets will focus on U.S. President Donald Trump's address to Congress on Tuesday for further details on his promises of tax reform, deregulation and infrastructure spending. Investing.com - In the week ahead, global financial markets will focus on U.S. President Donald Trump's address to Congress on Tuesday for further details on his promises of tax reform, deregulation and infrastructure spending. Quote: investing.com/news/economy-news/the-week-ahead:-5-things-to-watch-on-the-economic-calendar-462194
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FEB 26 2017: As discussed here now for weeks it´s on the news today:

Quote: Trump to address nation sandbagged by record low approval rating: NBC/WSJ poll
President Donald Trump will address the nation on Tuesday night saddled with the lowest approval ratings of any new chief executive in modern American history, a new NBC News/Wall Street Journal Poll shows. Source: cnbc.com/2017/02/26/trump-to-address-nation-sandbagged-by-record-low-approval-rating-nbcwsj-poll.html
Trade fermée manuellement
FEB 28 2017: Dow snaps 12-day winning streak ahead of Trump's speech to Congress
cnbc.com/2017/02/28/us-markets.html

Bought Comp @ 5.487
Sold Comp today @ 5.840

Cutting back exposure to US Markets to focus more on Europe now. Selling the comp doesn´t mean anything about that this up move might have ended now or not. It´s about profit taking only.
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MAR 1 2017: SPX with best up day in 2017 (plus 1,39%) ...

.... but financials outperforming DJIA, SPX and COMP (plus 1,14%) with a clear break out (plus 3,3%) anticipating that there is more room to the upside. Same time the DAX is up 2%. Europe might have more gains after all this elections later this year.

Still running: Transport and Fiancials. Both outperforming the Dow.
BKX Bank Index Break Out Today: Expect More Gains For Financials
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MAR 21 2017: ATH in the morning, sell off later in the day. The Fear & Great Index falling to 36 or the low of the year.

During the last five trading days, volume in put options has lagged volume in call options by 32.00% as investors make bullish bets in their portfolios. However, this is still among the highest levels of put buying seen during the last two years, indicating extreme fear on the part of investors.

Last changed Mar 20 from a Fear rating

Updated Mar 21 at 4:04pm Quote: money.cnn.com/data/fear-and-greed/

snapshot

I sold the comp on Feb. 28. I guess todays market action might be overdone so i wil be back on the buyside.
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MAR 23 2017: All major sentiment Indicators showing "fear" or "extreme fear" - even Markets just a few points under multi year highs or all time highs (DAX)

Before you read this news about todays market action (link below) keep your attention to the high level of putbuying at the CBOE: Total Intraday Put/Call Ratio 1,13. If ever there might be any higher number before the weekend the remind that usually high numbers like this are followed by a major spike to the upside some trading days later. Expect that a "fail" for Donald J. Trump might be nothing else than "sell the news" (for shortsellers). You need to invert the situation.

DAX Traders need to be aware that the EUWAX Sentiment Indicator today once more was extremely negative - means nothing else that putbuying was extremely high.
Quote: Wall St closes lower after Healthcare vote delay

investing.com/news/stock-market-news/wall-st-closes-lower%2C-after-healthcare-vote-delay-468437
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MAR 24 2017: Trump's approval rating craters in poll — and his base is the culprit

Quote: President Donald Trump's approval rating has fallen to 37% — a new low, according to a Quinnipiac University national poll released Wednesday. The poll found the president to be losing crucial support among Republicans, men, and white voters. The survey of 1,056 voters from across the US found that Trump's approval among Republican voters dropped to 81%, from 91% of those surveyed in a similar Quinnipiac poll two weeks ago. His disapproval rating among that group jumped to 14% from 5%.
The poll showed those in Trump's most supportive demographics — male and white voters — to be increasingly unhappy with his performance. Forty-three percent of men approved of Trump — down from 49% in the most recent poll, while 44% of white voters approved, also down from 49%. "Most alarming for President Donald Trump, the demographic underpinnings of his support, Republicans, white voters, especially men and those without a college degree, are starting to have doubts," the assistant director of the poll, Tim Malloy, said in a statement. Source: uk.businessinsider.com/trumps-approval-rating-craters-in-poll-and-his-base-is-the-culprit-2017-3%3Fr%3DUS%26IR%3DT
Transaction en cours
updates in the meantime on the German Regional Version. Please click on the chart to load comments and bars:

2017: Märkte brechen Rising Wedges nach oben auf
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updates in the meantime on the German Regional Version. Please click on the chart to load comments and bars:

NDX: Regelwidriger Ausbruch aus Rising Wedge
Transaction en cours
Remark: This trading idea is likely to be closed in the next trading days or at least in 2-4 weeks from now.
Transaction en cours
Still running. Trade is likely to be closed in the next trading days or at least 2-4 weeks from now.

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