Sunday, December 22, 2013

Looking Good

Updated for buys on 12/18

Indices look good.   Season's greetings and happy new year.
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Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Wednesday, December 18, 2013

Time To Get Back In

In Cash as of 9/3/2013

My plan is to do my first buy of 4 today (Wednesday) shortly after the Fed announcement.

Updated RTS Top Ten Stocks - 1st of 4 positions in: 
FB, MU, BIDU, NFLX, YHOO, WYNN, AVGO,  CTSH, WDC, MA  (equal $).

Indices -1st of 4 position in:
SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

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Location: Seattle, WA, USA Seattle, WA, USA

Sunday, December 15, 2013

To Taper Or Not To Taper?

In Cash as of 9/3/2013

One think we can confidently say about the Fed (especially about Bernanke) is that the Fed learns its lessons well.  When QE-1 ended back in the Spring of 2010, the Fed sat on its hands and watched markets sell off until in a panic they announced QE-2 in late August of 2010.  Again when QE-2 ended in the Spring of 2011, the Fed hesitated to continue QE and indices suffered.  In late Fall of 2011, finally, the Fed announced and put to work its "no end date" QE which has propelled markets higher and higher ever since.

The Fed has learned well from its past mistakes; therefore, I doubt very much if the Fed does more than a token taper.   I'm hoping for a sell off early this week to give me a chance to open long positions.  My plan is to do my first buy (50% RTS and 50% Indices) of 4 buys hopefully tomorrow or on Tuesday.

RTS Top Ten Stocks - 1st of 4 positions in:  
FB, BIDU, MU, NFLX, YHOO, WYNN, ADSK, CTSH, ADBE, AMZN  (equal $).

Indices -1st of 4 position in: 
SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, December 8, 2013

Still Waiting For A Pull Back To Open Long Positions

In Cash as of 9/3/2013

I am still waiting for a meaningful pull back (around 5% from the recent high's) to open long positions.  I think we are on our way.  Friday's rally was just a short covering rally.  The move to the downside should resume this coming week, as early as Monday.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, December 1, 2013

No Change Since Last Week

In Cash as of 9/3/2013


Nothing has changed since last week and I have nothing to add here.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, November 24, 2013

Indices Are Overbought, Still Waiting For An Entry

In Cash as of 9/3/2013


Nothing has changed since last week.  Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, November 17, 2013

Indices Are Severely Overbought

In Cash as of 9/3/2013 

Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on

Sunday, November 10, 2013

SPX Is Up Against Stiff Resistance

In Cash as of 9/3/2013 


SPX very likely will sell off this week to retest its 20 D-SMA and support at 1740.  My plan is to do my first buy of 4 around 1740.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on

Sunday, November 3, 2013

SPX To Test Support Range at 1740 - 1730


In Cash as of 9/3/2013 

Indices are overbought and very likely will correct this coming week.  Chances are good that we see SPX tests immediate support at 1740 and its 20 D-SMA at 1730.  My plan is to do my first buy sometime this coming week as SPX tests its support range.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, October 27, 2013

Indices Look Good, Slightly Overbought

In Cash as of 9/3/2013 

SPX is very close to overbought region (in red) and very likely will correct sometime this coming week.  My plan is to open my first position of four as SPX its recent low around 1740.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting)

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $)


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Monday, October 21, 2013

Time To Get Back In

In Cash as of 9/3/2013
 
This has been a very difficult market if you are a momentum player with a weeks to months time frame.  Two groups of traders have done well since May.  First are those who are invested very long term (quarters to years) based on fundamental analysis and second are those who play the momentum on short term basis (days to weeks).  I trade the momentum somewhere in between (weeks to months) which happens to be out of sync with what's happening with indices. 

All major indices, except for DJI, closed at new highs on Friday.  It's time to get back in.  My plan is to do my first buy of 4 in 10 RTS stocks and Index ETF's sometime this week.  I will post a detailed plan later tonight.


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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Sunday, October 13, 2013

Up ... Down ... Who Knows

In Cash as of 9/3/2013

 
Chances are good that SPX sells off to back test the new Primary Downtrend Line (PDL) and the Primary Uptrend Line (PUL) around 1670 early this week, possibly tomorrow.  A close below those two lines would be bearish, signalling a move to test the recent low (1650) and possibly 200 D-SMA around 1600.


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
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