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Kerberos007
@kerberos007
, 8 tweets, 5 min read Read on Twitter
@rsroc2 In general there are 3 types of rallies:

1 Across the board
2 Short squeeze
3 FAANG market cap driven

#1 is real
#2, #3 can only be detected by breadth indicators's divergence:

a. most shorted stocks rally
b Equal-Weigh vs Market cap
c Tons of breadth indicators

See Below
1/7
@rsroc2 These various breadth indicators taking into consideration of all component stocks of an Index, measuring the rally (plunge) strength under the hook based on many breadth measurements like adv volume, dec volume, up issues, down issues, etc.

2/7
@rsroc2 Below book is a great summary of all available breadth indicators by Greg Morris.

Great read:

The Complete Guide to Market Breadth Indicators: How to Analyze and Evaluate Market Direction and Strength
by Gregory Morris (Author), Tom McClellan (Foreword)
@rsroc2 4/7

Some of these breadth indicators are available from Stocksharts.com
@rsroc2 5/7

Others I have to implement myself.

The goal is to estimate and predict the breadth of all major Indexes and Sectors using all these indicators for market strength and weakness measurement; hence the divergence and convergence, etc
@rsroc2 6/7

All these breadth indicators can be implemented in such a way that it can be applied to a group of stocks (like SPY, RUT, NDX, MID, XLK, XLY, XLP components stocks), so as to measure the breadth strength & weakness from different perspective for major indexes and sectors.
@rsroc2 7/7
Greg Morris implemented hundreds of his breadth indicators described in his book with MetaStock charting and testing software.

Quite a collection of breadth indicators. You can see from my list

He is also the author of some popular "Candlesticks" chart patterns books.
@rsroc2 BTW

I forgot to mention that @mcm_ct used to have chart storm presentation every week for more than 50 charts including some of the best breadth indicators' divergences I've ever seen, which is great for the up to date information on important breadths for major indexs & sectors
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More from @kerberos007 see all

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Kerberos007
@kerberos007
This may shock most of you

1. From my observation in cross-assets analysis, this plunge from high to low 2940 to 2710 (230 pts) is nothing more than a stop run

2. I have notices some huge put selling in #ES_F in July, Aug and Sep during the relentless ramp of $SPX crushing $VIX
3. These put selling was around #ES_F 2700 strike.
4. For three months in a row, they worth around billions of dollars put premiums.
5. Th Options MMs engineered this Plunge was just to attack that $ES_F 2700 level or lower, making that put sellers capitulating.
6. But, not yet
7. If that put seller does not capitulate in the coming days, the volatility would persist until somebody folds
8. Not only that put seller sis not fold, they also added more puts at around 2500,2400, expecting the $SPX would not drop below 2500
9. It's Options market stop run.
Read 8 tweets
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kerberos007
@kerberos007
As I mentioned previously that this table contains so much information that you can actually making money off it by monitoring it everyday

In particular, going into the earning season, the 30 day Implied Volatility (IVX30) of these high beta stocks revealing a lot of information
For example, pay particular attention to the IVX30 for $UVXY , and monitor it's daily changes and if there is anything that can turn into a profitable strategy which has an edge in making consistent profit with minimum and calculated/defined risk.

Continue?
Also, in addition to IVX30 of UVXY, pay special attention to IVXHL of UVXY

IVXHL is define as the current IVX30 in relation to the IVX30 one year range

For example, current IVXHL is 0.08, which means the current IVX30 (106 %) is about 8% of the past year range, which is low
Read 50 tweets

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Alex Krüger
@Crypto_Macro
Market cap is by definition the aggregate market value of a company, computed by multiplying price times total number of shares *outstanding*.

Monetary base is the sum of currency in circulation and bank reserves held at the central bank.
Crypto market cap does not typically include the total number of coins outstanding. It excludes escrowed coins.

Putting coins in escrow to reduce coins in circulation is a gimmick to temporarily pump the price of a coin.
Escrowed coins are comparable to closely held shares for stocks (if using market cap) or excess reserves for money (if using monetary base).

Want to ignore escrowed coins? Then come up with a new measure. Market cap is a misnomer.
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Nathaniel Whittemore
@nlw
Short Reads | Thur 1.24

What crypto is talking about:

+@MessariCrypto report arguing XRP market cap overstated by $6B+
+Mass adoption baby! Samsung leaks suggest crypto key features + @RobinhoodApp wins NY BitLicense
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Links 👇
Links:

Messari Report -

Samsung leaks -

Robinhood BitLicense -

Views on UK FCA paper
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Lastly @Codiox is still sharing the view on Bitcoin in Venezuela-Argentina and it’s worth about a thousand articles on the topic pscp.tv/w/bxpYQTE0Nzc1…
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Dr. Tayo Oyedeji
@tayooye
THREAD: The 2019 global recession - why it will happen and how to prepare for it.
The next recession will start in the US around Q4 2019. It will generate a tsunami that will impinge the global market till late 2021. Here are the 3 reasons the US economy will recede in 2019.
1. We are overdue. The last two recessions were in 2001 - 2003 and 2008 - 2010. It's been 8 straight years of economic growth since the 2008 recession ended. We are already overdue for another recession.
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Lucid TA
@Lucid_TA
Market Update:

Interesting scenes in the markets right now.

$BTC dropped $250 in the last hour and is currently bouncing off of support. There is confluence between a support trend line as well as a horizontal support zone.
Prior to the spill BTC went ultra low vol. Imperfect RW structure was also present. Typically the direction in which volatility returns is indicative of the direction in which momentum will persist for a period.
Things look a lot worse on $ETH. Downside continuation structure has triggered and confirmed (chart pictured is inverse). Unfortunately I was out at dinner when the micro squeeze (shown in white) broke so I missed proper entry. Looking to short on pullbacks or further setups.
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Samuel Hammond 🥑
@hamandcheese
Is Twitter still debating co-determination? If so, here's 1500 words from me in National Review: nationalreview.com/2018/08/elizab…
America's corporate governance model, whatever its other flaws, is extremely good creating fast growing, fast scaling firms. It's a big reason the US is home to 2/3rds of the worlds billion dollar private companies and about 50% of the billion dollar tech start-ups, or unicorns.
Warren's "Accountable Capitalism Act" would force all billion dollar revenue companies to have 40% employee representation on the board. $billion rev =/= $billion market cap, but this would nonetheless represent a shake-up in how many of America's unicorns are governed.
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DonAlt
@CryptoDonAlt
Market cap = Circulating Supply x Last price

The circulating supply usually stays roughly the same.
That means market cap change is almost solely dependant on the last price.
The last price depends on supply and demand.
Now, why is that important?

The entire altcoin space is a cycle of manipulation using supply and demand.
When prices are falling demand is low since most altcoins are inherently worthless, a hot potato so to say.
When prices are going up, everyone wants a piece of the cake.
How is price manipulated?

By decreasing/increasing the supply.
Altcoins are so small they essentially get cornered before every altseason (Explanation in the link below) by buying up most of the supply.

en.wikipedia.org/wiki/Cornering…
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