Stocks mk1

SPY and QQQ on their way up now.

SPY testing 200.25 level. QQQ 99.5.

 

Note to self: allow an additional 2 hours for pre market preparation.

 

Don't marry a position or idea.

 

Market, AAPL, FB looking weak.

* FB weak, but liking possible long above 74 x73.8, target: 75, if it can even hold 73.8

 

Unsure where to move stop on WYNN. Tempted to remove some at 197.5.

 

Market has flat lined.

Going to leave initial WYNN stop in place. Still have the full position.

 

Now end of August, September next week. Caution on longs.

 

One aspect to keep in mind - Sept is EO 3Q - need the window dressing

After that heading into Nov election uncertainty

Data points only - opinions (at least mine) suck

RN

 

Thanks, point noted. And 1980 - 2013:

September Up (17):
2013 2.79%
2012 2.43%
2010 8.71%
2009 3.68%
2007 3.58%
2006 2.46%
2005 0.69%
2004 0.94%
1998 6.24%
1997 5.32%
1996 5.42%
1995 4.01%
1992 0.91%
1988 3.97%
1983 1.02%
1982 0.75%
1980 2.52%

September Down (17):
2011 -7.19%
2008 -9.56%
2003 -1.19%
2002 -11.00%
2001 -8.17%
2000 -5.35%
1999 -2.86%
1994 -2.69%
1993 -1.00%
1991 -1.91%
1990 -5.12%
1989 -0.65%
1987 -2.42%
1986 -8.54%
1985 -3.47%
1984 -0.35%
1981 -5.38%

 

Some stats/general observations (delayed and inaccurate):

For constituents with average daily volume >= 100k:

3951 in total

2542 rising
1205 declining

1Y performance:
42 +200%
162 +100%
494 +50%
1251 +25%
2781 +ve
927 -ve
370 -25%
138 -50%
24 -75%

52 week highs and lows:
214 at new high
817 within 2% high
1381 within 5% high
28 at new low
113 within 2% of low
293 within 5% of low