Can anyone explain what's going on the UNG right now? It jumped 285% last night and when I tried to sell I was unable to. I know the cold is helping, but HH is still around $2.80.

I've made a ton of money in 2017 and these last 4 days of 2018 are even better.

But I know this won't last forever. What is going on? Is this sustainable or will it crash?

The big banks are trying their best to crash the market through weird articles on Yahoo Finance and other places predicting that a big crash is coming.

Pignorant said:

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What is going on with CIE?

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Took a shiiiit and died.

Going through a reverse split.

rws92 said:

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Pignorant said:

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What is going on with CIE?

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Took a shiiiit and died.

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as in actual ch 11. hope you didn't take that recommendation.

FYI. SN is finally above the 200 MA. With oil above $60, I'd expect this one to keep moving up in 2018.

edit: No real support until $7.50....after that $8.50.

MavsAg said:

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Can anyone explain what's going on the UNG right now? It jumped 285% last night and when I tried to sell I was unable to. I know the cold is helping, but HH is still around $2.80.

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Damn.. $10k invested 10 years ago in UNG




$188 and change hah.

Dow 26000. Another thousand points in a few trading days.

To infinity and beyond... Wheeeeeeeeeeee!!

Too late to buy VRX?

Yesterday volume created the technical "goal post" back to December 15th. Last time resulted in only a 2% pullback but always worth watching.

p.s. The reason I say it bears watching versus guarantees a pullback is due to timing. What happens with the huge managed funds in 1st quarter? Re weighting holdings for the year. Therefore they use a huge upside open to enact their rebalancing plan by selling those shares they want to cash out on. Market goes south. But then they start buying their shares for 2018 in the afternoon and the markets go from red to back to near neutral.

At any rate - it takes the next technical to give any confidence in direction.

What does everyone think of GE near its major support levels? 6.2 B charge against some health plans and Execs eyeing selling off some non-core operations. I sold out of GE in 2016 H&S neckline break at $28.30 but just added it back in the SEP account. Still have some clutter to wade through but if they manage to successfully sell-off several decent holdings it gives them the opportunity to right the ship.

Used to be a dividend holding as well but at 12 cents/share that's not attractive.

http://thereformedbroker.com/2018/01/21/a-momentum-signal-that-occurs-just-one-percent-of-the-time/?utm_source=dlvr.it&utm_medium=twitter

Interesting piece.

NFLX up 10% pre-market today

Ragoo said:

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NFLX up 10% pre-market today

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Damn.. that's a nice bump in my wife's fidelity acct.

Man, YTD I'm up almost 5% across both our brokerage accts. If only that rate could continue for all of 2018, I'd gain a good $300k this year.

One can dream!

Trump is the greatest thing for the stock market since Reagan

Not making a bear case, but -$2 billion in fcf for Netflix just seems crazy on paper.

The winner for the most obvious bottom formed award goes to RBS. It was the example I gave and challenged posters to search these kind of massive "V BOTTOM" signals out and post them for feedback and potential entry. With markets rocking and the majority of stocks rising with the market tide they are fewer and far between. I would put a watch on the GE falling knife on the list (See 2nd chart). It is still searching for major long-term support with most recent attempt at $16 being challenged.

As you can see it not only has given the double from entry, you can see the mosre recent gap once breaking through the former top all the way back to BREXIT crash. How's that BREXIT working out for ya?



GE:

Anyone taking a look at WYNN after the drop? Wondering how that is going to shake out.

I luckily sold WYNN near its peak, a few days before it dropped.
It will revert & find support after the news cycle focuses on someone else.

I bought JD.com right before the jump. Perfect timing.

AggieMainland said:

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FYI. SN is finally above the 200 MA. With oil above $60, I'd expect this one to keep moving up in 2018.

edit: No real support until $7.50....after that $8.50.

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I went back into SN early this year after selling on the huge volume top signal in February 2017. Then it went on to lose support on the big head and shoulder technical, sending it to below $4 before finding support. No V Bottom with volume on this one. It's been 6 long months of basing for SN but you can see technicals showing upward opportunity.

SN breaks above $6 major resistance and I bet you see a volume day upward.

Are we starting to see the pullback today?

Thanks for stopping back by OA

Gator2_01 said:

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Thanks for stopping back by OA

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Did I send interest rates rocking higher? Run me out of here!!!

660pt drop and 0 cares?

I agree. Meh. It was due.

wessimo said:

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660pt drop and 0 cares?

I agree. Meh. It was due.

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660 sounds bad, but it was only 2% and was long overdue. Jobs # was good, tax relief is real. Rates need to go up. This is a buying opportunity.

Took some off the table Monday. Hope to jump back in next week.

Should drop another 3-5% so I can make some purchases honestly.

I feel stupid for asking, but this drop was due to rising interest rates and a stronger dollar? So is the logic that less people borrow and therefore less people spend?