dest's overwrite journal

[KCalhoun]

why do you say that?

Because the VIX always spikes intermittently. Usually every few months or less.

Also, I say VIX overdue for an upside spike is because of today's 2day high UVXY breakout.

 

[longandshort]

I ran a backtest on UVXY and found that the short end of trading a breakout was far more profitable than going long (on a 2 year basis -- when I ran it over a longer time frame, both sucked):

 

[SunTrader]

I can't help but sounding like a broken record but ZIRP, QEternity and every other Fed manipulation broke the VIX.

There was a time to follow its movement and I suppose again there will be, but its currently irrelevant.

 

[destriero]

Buy NVO.

 

[Overnight]

Buy NVO.

Why? Got a hot tip?

 

[Overnight]

I can't help but sounding like a broken record but ZIRP, QEternity and every other Fed manipulation broke the VIX.

There was a time to follow its movement and I suppose again there will be, but its currently irrelevant.

When I fear to go long at ATH is the exact time to long the VIX. I AIN'T falling for it this time.

 

[easymon1]

Buy NVO.

Looks sideways due for a time. jus axin. That Bold looks like maybe Sooner than Later at 6:30PM Friday? They have something new and novel for huey lewis?
novo nordisk pipeline new - https://duckduckgo.com/?q=novo+nordisk+pipeline+new&t=h_&df=w&ia=web

 

[ph1l]

Why? Got a hot tip?

A fitted curve of NVO (Novo Nordisk A/S) with a parabola (trend) plus three cosine waves (cycles oscillating around trend) for the past 4 months (20210309 through 20210709) predicts a continued uptrend.

 

[Overnight]

A fitted curve of NVO (Novo Nordisk A/S) with a parabola (trend) plus three cosine waves (cycles oscillating around trend) for the past 4 months (20210309 through 20210709) predicts a continued uptrend.
View attachment 263057
View attachment 263058

I glanced at a 3-MO chart of NVO, and it make me nervous. Granted, that is based on chart patterns I see on indices. I don't follow single-stock charts. So who knows? Dest must know, because he bolded his call.

 

[easymon1]

A fitted curve of NVO (Novo Nordisk A/S) with a parabola (trend) plus three cosine waves (cycles oscillating around trend) for the past 4 months (20210309 through 20210709) predicts a continued uptrend.
View attachment 263057
View attachment 263058

Ph1|, Head and Shoulders on lower chart, lol. can't help meself. BTW what's the generic moniker for the lower of your two charts to differentiate it from the upper one? BTW2 Ph1|, got views on this post? https://www.elitetrader.com/et/thre...t-be-in-the-market.360022/page-5#post-5418135