We like the action in Twilio (TWLO, $28.31) for our Model Stock Portfolio.

Todd Butterfield Blog, Market Opinion-Free 0 Comments

Twilio Inc. provides Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities. The Super Network is the software layer which allows its customers’ software to communicate with connected devices globally. Twilio Inc. is based in SAN FRANCISCO, United States. Twilio announced lowered guidance May 2, as Uber, which was their largest customer, …

Fed Meeting Out Of The Way

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Wednesday, March 15, 2017 What To Do? Short Term Short-term bears should stand aside or stay short stocks with relative weakness.   We are continuing to hold some shorts as there is many stocks showing relative weakness. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside. Market Trends: Intra-day: Down Short Term: Sideways Intermediate Term: Up …

Reaction Continues

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Wednesday, March 8, 2017 What To Do? Short Term Short-term bears should stand aside or stay short stocks with relative weakness.   We are continuing to hold some shorts as there is many stocks showing relative weakness. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside. Market Trends: Intra-day: Down Short Term: Up Intermediate Term: Up …

Wyckoff Wave Falls Off Of New Highs

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Thursday, March 2, 2017 What To Do? Short Term Short-term bears should stand aside or stay short stocks with relative weakness.   We are continuing to hold some shorts as there is many stocks showing relative weakness. *We had been short Caterpillar (CAT) for our ProTraders as it was showing considerable underperformance versus the Wyckoff Wave’s recent rally.  We should have been stopped out with losses last two weeks, as we have with some short …

Stocks still at the highs…

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Wednesday, February 22, 2017 What To Do? Short Term Short-term bears should stand aside or stay short stocks with relative weakness.   We are continuing to hold some shorts as there is many stocks showing relative weakness.  We actually added a short today. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside. Market …

Buy TLT at the market, current price $119.55, use stop at $117.25

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TLT (iShares Barclays 20+ Year Treasury Bond Fund) has been testing the previous lows from late December, and we feel ready to rally again. Most recently the Technometer has went from “Overbought” to “Oversold” in the past week, while the price has traded sideways. We like this type of action…   We show a closeup of the divergence between the Price and the Optimism-Pessimism.  Also the Force is turning up, as well as the Technometer …

Expecting the Reaction to Continue

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Friday, January 27, 2017 What To Do? Short Term Short-term bears should hold original short positions and keep stops as previously directed. Short-term bulls should stand aside. Intermediate & Long Term: Intermediate and long term positions to the upside should be maintained. There are no intermediate or long term opportunities to the downside. Market Trends: Intra-day: Up Short Term: Neutral Intermediate Term: Up Long Term: Neutral The stock market, as measured by the Wyckoff Wave opened unchanged today, …