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NYA trade ideas

NYSE COMPOSITE - The Stick SaveBasic Materials, Consumer Cyclical, Financial Services, and Real Estate are the Primary Sectors of the NYSE Composite. We indicated the NYSE COMP was reaching an extreme A/D low and suggested a rotation would likely provide lift. It does not appear to be sustainable, but for now, it's in Trade. ______________________________________________________________________________________ Historically the Composite has followed Dow Theory Sell Signals. The Transports should be closely observed at this time. It will again as the lead up into Financial EPS arrives this coming week. Inflation has been the Trade into all Primary Sectors with Real Estate beginning to show signs in November of several issues. The NYSE Composite is an index encompassing all common stock listed on the New York Stock Exchange, including ADRs, REIT's and Tracking Stocks. It is the broadest measure of Market Health. A free-floating market capitalization is a useful tool to "adjust" prices. It skews heavily depending upon these adjustments to "Capitalization". Financials, Energy, and Health Care are the Primaries by Market Cap. _______________________________________________________________________________________ Traders should follow the NYSE closely as it provides a great deal of information with respect to the direction of the Growth Sectors - The Trend sets the correlation, typically in a rising rate environment, we will see a reversion to an Inverse Correlation.
TVC:NYA
by HK_L61
2
NYSE COMPOSITE - Enormous Range / Breadth - MentosBeginning to see signs of Coca-Cola meeting Mentos - YouTube it. When the Mentos hit the Coke and the Cocaine remains Pure Bolivian Fish Scale.... the results are explosive. The Range here is extreme, Components on balance have been smoked and hard. Many Companies within it are Zombies Financially. Smiley Virus knows and belts it out in convincing fashion: www.youtube.com Hannah Montana impresses from time to time, this is one of those moments. ________________________________________________________________ There is a large Break ahead, failures into Q1 are assured, many entities will cease to exist in 2022. Broken, Busted, Debt Laden - Walking Dead. QE V.27 would need to expand exponentially to prop up this complete Mess. Stimmy, FED balance Sheet and more Fiscal Dead Ends all needed to Ute Higher. Possible, but the wreckage that would bring assure a Market Decline of 50%+ in 2022. Where do you want to be then... Ask yourself, who has the most to lose, the largest adjustment to make and will this transpire in a Pacific fashion... Highly Unlikely.
TVC:NYA
by HK_L61
2
NYSE COMPOSITE - Breadth remains UnwellAs we move into Year-End, the NYSE COMP should be Observed closely as it has been the Leader along with the YM. Any reversal here will be met with relief for the Big 7 - which continue to grind higher with AAPL leading the rediculous charges higher. ______________________________________________________________ The FED is heavily intervening in the "7" it is all over the Tape... they are supporting the narrowing Breadth. The US Economy, what's left of it, is the Equities Markets. They will defend it until they no longer do, we do not when, but all the Indications are they will continue this absurd Prop until they fold up their tent and let it fall under its own weight. _______________________________________________________________ Patience as this can grind on for a while longer and they will make certain to Run the Tables again and again prior to it being a locked-out downside trade.
TVC:NYA
by HK_L61
4
NYSE 2019 December - 2020 MarchNYSE COMP is far worse off Structurally @ NOW. That said, let's see how far they will press their Luck. I don't believe Consumer Sentient is going to IMPROVE unless Uncle Sam opens up the Stimmy can o' Worms again and barfs out $10,000 checks. Odds do not favor that as we would have 3.5 10 Year Yields. It is all on the Pelican at 3:05 PM EST. I believe the Bird gets sold either today or tomorrow. We shall see, without Risk, there is no reward. The Trend, although confusing to the HERD... Remains DOWN. Unusual to be angry, but today... provides it in spades. Not about getting even, simply disgusting.
TVC:NYAShort
by HK_L61
14
NYSE COMPOSITE - Signals 15 - 20% CRASH AheadIt's comical, how the operators are so desperately trying to keep this JUNK elevated. They can game it during lower volumes, but they clearly do not have the Support from anyone other than the FED to keep this MESS up here. It is going to collapse under its own weight. ____________________________________________________________________ The FED now has one of two choices... Go Lovie Howell - Rates SKY on the release of Pigeons Accelerate Hawk - When Doves CRY Swan Lake in Trade - Pick a Vector Powell will be referred to as the "Pelican" moving forward. _____________________________________________________________________ It doesn't matter - Equities are cooked SHort Term, Wall Street is getting their Fills and they can be extreme. We have our SELL Orders Positionjed again to 44% of Capital in TQQQ NQ RTY ES SMH Momentum is to the Downside. Every One of my larger TF indicators is as NEGATIVE as they have been in since 2020. _____________________________________________________________________ A Larger SELLOFF it to be Anticipated - IMHO Watch the ES @ 4665 - this is the Pivot to SELL for R/R up to 4707. This would complete the Symmetry. I am early on TQQQ SELLS but taking them today and intend to HOLD. Full Position will be 20K presently 2K @ 170, 32 for SELL @ 171 up to prior Highs x 16 The same applies to NQ. Tech will be the largest CORE SELL POSITION ______________________________________________________________________
TVC:NYAShort
by HK_L61
2
BULL MARKET ENDING NOW The wave structure within the chart posted is that of my wave count . also based on WD GANN 817 1982 to which this great bull market was started we saw a new record HIGH . the targets post a few months back called for the blow off into 4460 to 4617 I stand by the math and data back to 1902 to present ! upside is limited due to debt ceiling in 1982 .The year I made my first trade long silver at 4.83 low 4.78 the US debt was expanded since that time near 38 fold and that the dow and sp near the same . I am as bearish as I was feb 8 2020 and warned of a crash and also projected a world event 3/18 to 3/20 2020 this was the low of super cycle wave IV We will end this bull market of within the target of 4460 to 4617 A NEW BEAR MARKET HAS BEGUN A PANIC LOW IS DUE MID OCT 2022 AVG decline over the last 120 years . 38% . BEST OF TRADES WAVETIMER !
TVC:NYAShort
by wavetimer
1
Stocks - NYSE Rising Wedge BreakdownIdea for NYSE: - NYSE top and reversal structure: Rising wedge breakdown and re-test the support, high % short setup. - As we know, market breadth collapsing as SPX and NDX make new highs on low volume. - Markets are being cut down at the knees, SPX will be last to fall but it is coming. - Too many bearish divergences to not be short the greatest asset bubble in history. - Systemic liquidity outflows confirm, and markets inflated with margin debt and hot air will collapse. - Implied volatility and tail risk hedging (SKEW at an ATH , TDEX on the rise) will demand liquidity and realized volatility . - If you think that the bubble will not pop against the underlying conditions, just take a look at Japan's bubble economy in 80s-90s. "It will be different this time." GLHF - DPT
TVC:NYAShort
by UnknownUnicorn1043646
2
USA/GOLD: the truth about $SPX-Why is the SPX a lie? For starters it weights the 500 most desirable companies and, to continue, its unit of reference is the dollar... an "unbacked" currency (as crypto fanatics say with some reason... people so blinded by their infatuation that from a half-truth they are capable of elaborating truths of a ton or even more). -Ok, and what do you want to invent, wifi rebel? There is no need to invent anything, luckily: besides the marketer SPX there is also the NYA that considers more than 2000 NYSE companies... and I believe NYA more than SPX, to make a long story short. And the dollar, although it is backed by much more than ink and paper (because behind this bill is the most powerful economy on the planet and not Argentina or Venezuela), anyway it has a lot of lies and the CPI (US Consumer Price Index) proves it every day. -And what about that? And with that it seems clear to me that we should not pay so much attention to the SPX or the dollar... especially having the NYA and gold to get a historical ratio that reflects the ups and downs in the romance between Mr. Gold and Mr. Stock Market (let's be inclusive). -And why don't you put CPI into this ratio? Well, I don't think it's necessary inasmuch as both constituents are equally affected by the depreciation of the greenish paper... so the ratio itself gives us ecumenical information on the binomial. Amen. ********************************************************************************************************** Well, let's get more serious: What we get concretely from looking at this ratio is HOW MANY GOLDEN CONTRACTS THE NYA CAN PAY OUT OVER TIME. It's that simple and that far-reaching... because if we're going to bother with "FIAT money blablabla", well then let's measure the US market in GOLD and stop whining pseudo-arguments. Does it make sense or not? I say yes... Now let's break it down: 1) the trend line below is impressive: it has three millimeter contact points... so precise that, somehow, they are backing up all the chatter I wrote above: the truth of the USA MKT is in GOLD and not USD; 2) seen this way bubbles and crises don't match sooooo much with the orthodox look in USD; 3) the "real SPX" is still bullish in very long term ... but since 2000 and the .com explosion it is still in bearish mode ... Yes: 20 years losing against gold, it's that simple .... 4) however we also see a very clear triangle figure... that was overcome to pull back to a millimeter throwback against that important TL... and now what we have is a very interesting resistance at 9.60 (NYA is paying 8.76 gold contracts and if it reaches to pay more than 9.60, "it blows up" a timberman would say). *********************************************************************************************************** Conclusion: I actually think all these arguments make sense, rationally speaking, and what I see here is very reassuring to me about "the current bubble" that has been talked about for a long time. Why? Because that bubble is measured in the "lie" of the dollar... so it is worth as much as a lie (i.e. nothing), and on the other hand in gold we have a symmetrical triangle of upward continuation that is about to be executed... with targets so astronomical that not even the most smokeseller "twistar" would dare to handle it. Think about it...
TVC:NYALong
by GusNord