Wednesday, February 27, 2013

RTS Selling FSLR And Buying GILD

 
Tomorrow (Thr 2/28) RTS sells FSLR and buys GILD at the open. 
 
SPX rallied and closed above its 20 D-SMA.  Chances are excellent now that rally continues and we see new highs in all major indices soon.  My plan is to do my 3rd buy either tomorrow or on Friday on a pull back, possibly a back test of 20 D-SMA.


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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Sunday, February 24, 2013

20 D-SMA Is The Critical Support Now

RTS Long Term Current and Past Portfolios
On 2/21 MS replaced PXP and on  2/22 SWY replaced WDC
 

SPX sold off and successfully tested its support at its 20 D-SMA.  This week is critical as we enter a seasonably week period.  For rally to continue, SPX must close above its 20 D-SMA for the week otherwise a move to test 50 D-SMA is likely.
 
I didn't buy as we sold off because the sell off on Thursday signaled a possible move to 50 D-SMA.  My plan is to see how things develop on Monday.  If it looks like 20 D-SMA is going to hold, I would do 1/2 of my 3rd buy and wait to do the second 1/2 after we clear recent highs.

I no longer post on my FB page.  My plan is to update this blog every Sunday.  I also post all changes to RTS portfolios here and also on Twitter.  


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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Monday, February 18, 2013

A Test Of 20 D-SMA Is Very Likely This Week - A Buying Opportunity


Indices look tired.  There is an excellent chance that SPX tests its 20 D-SMA sometime this week.  My plan to do 1/2 of my 3rd buy as spx tags its 20 D-SMA intraday.  For now I'm planning to do the second half of my 3rd buy after we successfully close above 20 D-SMA.  

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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 without notice.
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Tuesday, February 12, 2013

Still Going


No change since last week.  I am looking for an entry for my 3rd buy.

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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 without notice.
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Sunday, February 3, 2013

Still Overbought, But Going Strong

Long Term Current and Past Portfolios

New Long Term Dividend Portfolios

All of the major indices closed at or near multi-year highs on Friday.  Small and mid cap indices closed at all time highs.  Volume in all markets also picked up nicely last week.  I still expect a minor pull back and plan to do my 3rd buy when it happens, hopefully sometime this coming week.

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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 without notice.
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