Tepper-Speak Played Right Into SMW's Astro Scenario

Collective Intelligence!

Snippets:  And … a big shoutout to SMW for the spot-on astrological guidance and its effects in the markets … I don’t need to understand it, but here it is — The stars, planets, water and all that astro … The problem is – where to start … so I will start the ongoing in a series … Part 5+ with a repost from yesterday … Part 5+:stockmarketwhisperer (05/14/2014 – 14:10) Do i get a bingo on ‘energy intensifies as day goes on..and 4 hrly closes under 92= bearish’ ?  (05/14/2014 – 14:36) 1870′s … come to mama – I’m still short from 1896/93=94.50. (05/14/2014 – 14:59) bearish trigger still in place unless 1889+ recaptured (05/14/2014 – 15:04) strong negative in overnight hrs/globex … some kind of news headline harbinger …things then improve later part of tomorrow…or from 1870 I’d go long. AFTER 10:45 tonight may be a shift…I will be watching to see. negative is around 6-8 pmPT.

This morning ... stockmarketwhisperer (07:59) 1883 and under bodes bearish by my work. i have no for sure positives until after hours trading. A neg or possible time for a low 11:20ish PT. Still looking for 1870 at some point today.. After 7:30 am PT we lose the only small positive … and it isnt really doing anything but perhaps holding us still … in my work Mars is responsible for volume. Right now Mars is in backward orbit …thus the famine in volume. IT changes to direct motion monday night..so lets expect it to increase next week

mts2 (06:50) Wal-Mart earnings miss by 5 cents, 1.10 vs. est of 1.15.  jack_broz (07:18) i’m pretty bullish on bonds/notes still but if you are looking for a fade sell 5YRs at 120.135 (that’s 13 1/2).

The Tepper effect … Comments by the legendary David Tepper y’day hit the tape approx 1:42pmCT … stephen_c (07:27am) I believe that yesterdays sell off was in part inspired by David Tepper’s (APPALOOSA FUND) at a SALT conference in LV where – he said stocks are not friggen cheap.    *PITBULL: WONDERING IF INSTEAD OF BUYING STKS AT MID MONTH THEY R BUYING BONDS AND SELLING STOCKS INSTEAD.

cyrus: but, remember what he said in an interview in Dec last year — From II: “Tepper’s decision to return money this year certainly does not suggest he is turning negative on equities. Tepper recently told Bloomberg TV he thinks the stock market will be higher six months from now, disputing the growing notion there is a bubble building in the markets in general. He explained that unlike during the 1995-to-2000 bubble period, price-to-earnings multiples have barely budged in the past five years. Since then, fears of the end of the financial system, Europe and China have abated. Rather, Tepper predicted that long-short managers with sizable short portfolios will miss out on some upside gains. He also said you can’t go wrong being long an S&P 500 index fund or exchange-traded fund in this environment, although he thinks hedge funds like his will pick better stocks.”   He’s been trimming since early last year which goes back to my earlier point – most HFs have missed this run up.   ***rosen: he also said he saw a 5-10% pullback coming on the Fed exit from QE for the record – at that same time

stockmarketwhisperer (08:56) My 1870 target is here! Bingo …

stockmarketwhisperer (10:26) every large move feeds on itself just to reverse within hrs.. Reached 2nd’ry low side target. “Bears in da house’ from yesterday WILL finish today … (this round) only … So far they’ve done a fine job!  Yes they have >>> LMAOhttp://bit.ly/QNsvA1   http://bit.ly/1gsgMDF  <<< SMW & Tepper!

stockmarketwhisperer (10:51) if we can get a bounce before any lower…it will form a lovely W bottom pattern. Wake up bulls  (11:37) We can go up 33 pts from here, if low is in. Have to see what the 11:20ishPT aspect does.

william_blount (11:45) A of D if BULLS got BALLS. ricky: it looks kinda right no? so am open, but internals overall say no.  william_blount – issue becomes: do I want to give up my core at 1894.5 or not?   **From premrkt commentary – The equivocation, ‘some merit’, is due to the nature of the drop from the 1898.5 SPOT. I DO NOT SEE THRUST as yet and that is the MAIN TELL when a TRIANGLE COMPLETES. This leaves the door WIDE OPEN IMO for the BULLS to go to NEW HIGHS. If the BEARS get the CONFIRMED 1873.5 before new highs print, they will be in MUST PERFORM and will require a BREAK of BOTH 1859.79 CASH and 1850.51 CASH to continue tracking. Before that happens and IF IT HAPPENS without new highs, there needs to be a failing rally in a nano 2 wave up followed by THRUST with a CATALYST to confirm the triangle count. THE ISSUE WITH THAT COMMENT = IS TEPPER A GENUINE CATALYST??? til we break both those cash prices, it is what it is.

stockmarketwhisperer (11:47) I mentioned yesterday a bad headline would be catalyst..in the afterhours negative…Now..we have almost 2 hrs before another neg.. hope it doesnt go wasted on flat lining.    Jim (11:49) Breadth is still dropping and finally caught up with yesterdays low and passed.    stephen (11:50)  SMW Tepper spoke late yesterday afternoon!    stockmarketwhisperer (11:51) awesome…and full moon exaggerating the reaction, is at hand!

PivotBoss midday updatehttp://youtu.be/BkpXFFpe_5U  ADR trgts  http://bit.ly/1jjDsGb

william_blount (13:45) need soft sideways down on last hour low – if you is bullish – want to holdthe 1862.5/64 area.   Stockmarketwhisperer (13:23) important aspect time. stephen_c (13:26) SMW up or down –  (13:28) just energy – it’s working and it picked Up. Stockmarketwhisperer  (13:50) a slew of positives over several hours after the close onward… IF it moves in early = rip upside.. up looks to be next bias … short term.  The futures traded 1867.90 area on the cash close before settling at 1867.30, down 19 handles on volume of 2.24M e-minis, while the [VIX] was up 8.2%.    stockmarketwhisperer (15:21) Berkshire buying zillions of key stocks now is insightful … buffett not waiting for bargains. Apple’s next product may be a 3D printer, according to reports.

Eco calendars:http://www.investing.com/economic-calendar/    http://www.dailyfx.com/calendar

ECB interest rate cut ‘more or less a done deal’ Frankfurt said to be preparing package of policy options for its upcoming June meeting.  http://bit.ly/1jjHGO5