decentral_vision

decentral_vision Updated 

looks extended, high short volume. could be ready for short squeeze or another leg lower. my guess is lower.

decentral_vision Updated 

I'm sure this company has a lot of really compelling reasons why they're going to make their valuation make sense at some point in the future but right now the company is worth 67% more than $SHOP which is arguably the most overvalued stock with a market cap above a billion. My guess is we test $60 soon, bounce off $60 to around $65 and then proceed lower...

decentral_vision

Grocery outtttt

decentral_vision

It seems like increasingly MTUM stocks are underperforming VLUE stocks. Furthermore, this underperformance correlates increasingly negatively to SPY performance. I don't really know what this means.

decentral_vision

Shortly before a significant drop in SPY, and after a period of high correlation, the correlation between SPY and MTUM (Momentum stock index) seems to drop below .50. 4/5 cases there is a small to medium drop. The green arrow indicates a case where this pattern predicts a move down, but instead there is a move up. Based on this data I have concluded that it is...

decentral_vision Updated 

ETSY broke out of a 2 standard deviation, 200 period, 4hr, linear regression model today. MACD is divergent. The fundamentals for the stock are still weak; growth is slowing. There has been heavy volume on the $55 9/20 puts. The P/E ratio is 67, which likely is due to expectations of rapid growth. However the company has failed to deliver on growth expectations...

decentral_vision

Looks like silver could be ready to follow in gold's wake?

decentral_vision

Reversion to 50 SMA. Government shutdown + bear market + huge market rally last week = pullback to mean. Other factors: SNAP is a particularly weak stock; stiff competition with FB and TWTR. Bearish MACD divergence.