The_Unwind

The_Unwind

I bought a stock today at 15 and it went to 60. I sold it at 50, after 10 trading halts... for" buy order "imbalances. I wrote about this stock yesterday, here on Tradingview, when it last traded at 7.94 I have been trading for many years, i have never seen anything like this. The stock symbol is KODK. It closed today at 33.20, Up +318...

The_Unwind

Eastman Kodak, was granted a $750 million dollar loan today from the Federal Government, to manufacture ingredients for "generic" drugs here from here in the United States. The agreement was hailed tonight by the President, as a giant step towards bringing manufacturing in prescription drugs back to the US. Listen to these stats for Kodak, for decades a blue...

The_Unwind

The S+P 500 has created a high risk "throw over" pattern, which if violated , could send the S+P plummeting back towards the March 2020 lows of 2191. This same type of" initial bullish breakout pattern", in the summer of 1987, ultimately failed.. and the "failure of that throw over pattern led to the stock market crash of October 1987. Bearish divergences...

The_Unwind

Trend line of the Apple price move from the March bottom near 219 shows a vertical almost straight up move in the stock which invites the eventuality that the stock could fall substantially, on any bit of market disappointing news. You can see rom the indicator box, shown here, that the ATR Indicator shows a significant bearish divergence including the most...

The_Unwind

S+P 500 has created a potential "double top" reversal at 3225 with two monthly attempt failures now recorded in both June and in July. Also notable,and shown here is the "ATR" Average True Range Indicator, which importantly showed a continued bearish divergence with price and "turned down"( Note the chart) on the last attempt to breach 3225, on a weekly...

The_Unwind

The Nasdaq 100 is in the midst of a bullish "melt up" a short covering,throw everything at the wall bull rally for the ages where a V bottom rally to 10000 has now continued past that ceiling, and beyond and beyond. Every day is a new record high in NDX in July 2020 The market for the 5 mega cap technology stocks currently has a quad trillion dollar market...

The_Unwind

Most traders could miss the crash. Even though they are properly positioned in their mind, and their thinking, they have potentially neglected to do one very,very important step. What is that ? They do not have a "GTC "Limit Order" on the books ,with their broker to sell out all long positions, and enter a short trade of size with their broker. To me its an...

The_Unwind

The market is in the midst of a 5 day melt up, that I had warned you about last week, with the big money crowd pouring money into FANG stocks. July is infamous seasonally for this" $NDX melt up phenom, which is often followed by August "meltdown"in the same stocks. Leadership is narrowing into the largest of mega cap technology stocks, highlighted by the...

The_Unwind

When I wrote last, I suggested that the market might hit a "spark' this week that would ignite a very sharp short covering rally, leading into the 4th of July weekend. That is precisely what happened. The crystal ball, as it turned out, was very clear. With the S+P 500 Closing June 30,at 3100.29, price has now reached almost perfect resistance setup Hard to...

The_Unwind

The idea seems both immediately grandiose and incredibly business savvy Over the weekend, the idea was floated i that Amazon should consider buying Macy's, the beaten down, but very high class retailer, who also own the Bloomingdale's Department Stores. With over 850 store locations in the US, in major metropolitan locations, Macy's could immediately offer...

The_Unwind

Fake Out. Don't Fall for It. I think we are entering one of the most important trading week's of the year,albeit a very holiday shortened week. So think of it this way. Volatility is rising, but the McClellan Oscillator is nearing -300, a deeply oversold market " set up " This could induce a "compression like" short covering rally " that could set the sky on...

The_Unwind

Poof. Just like that,.. it's gone. The feeling that you should have known better. It was all good, till I made that last stock purchase . Why did I have to buy just before that last fateful plunge into the market,just before it fell dramatically ? Why ? It seems that now I'm trapped, in this house of cards, where domino's fall randomly,and their are few...

The_Unwind

The Federal Reserve Bank in the United States is now concerned enough about "Major US Bank Liquidity" that they have now imposed an immediate HALT to new share buy backs + dividends ,used by banks to prop up the price of their shares. In effect, the Fed is now concerned about major US bank liquidity, in the event of a continuing and now escalating global health...

The_Unwind

Risk is certainly on.. now. In a very big way The 2020 stock market as measured by the S+P 500 is now trading at the most expensive valuation,in the last 20 years. Fact. Forward PE Multiple Guidance for the S+P 500 is now at 22.18 Earnings. Using this "overvaluation" historic metric,also note today a new potential technical warning signal, given on the...

The_Unwind

30 Minute Chart/ S+P 500 gave a potentially Important Chart Break Sell Signal this afternoon at 300 pm EDT.OPEN on my proprietary chart read, when opening at 3128.71 You will notice the market's reaction to this chart break, in the last hour of trading today, with the" selling kicking in hidden"below the surface", with the S+P Closing today at 3113.48 If......

The_Unwind

Big money tends to make the greatest return on their money by following a simple trading method all the time when doing business. It is important that every trader grasp this tenet,before even thinking about placing a trade. Every retail investor/trader enters the marketplace,often at a significant disadvantage. Big money has purchased" large blocks" , of stock,...

The_Unwind

The idea here is simple. The stock market crash from Feb.19 thru Mar 23.2020 was the real deal, the whole cloth, occurring when the biggest of money,, the smart money sold the market, as the horror and scope of the pandemic became apparent As in 1929, the stock market crash of 2020, took almost everyone by complete surprise, except for the "smart money. They...

The_Unwind

This past weekend, I wrote about a "rare pattern" in the Dow Jones Industrial Average that I had observed. It formed last Friday after the much better than crowd expected jobs report, that seemed to catch everyone by significant surprise. Price gapped up sharply all day on June 5 ( See Chart) after the report was released and I wrote in my last article that...