Monday, May 27, 2013

$85 Billion A Month Is Still Being Pumped

RTS is selling NZTCY and buying FGP in its place on Tue 5/28 at the open


What happened last week was just a garden variety profit taking sell off in a bull market, steep in magnitude but short in time length.  I believe there is a good chance that SPX tests 20 D-SMA (around 1630's) and then rallies to new highs.

 My plan is to do my 2nd buy sometime this week. I am looking for SPX 1631 early this week, perhaps tomorrow.

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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Thursday, May 23, 2013

A Test of 20 D-SMA's Is Very Likely For Most Indices


What happened yesterday was just aggressive profit taking. I think there is more selling coming our way and there is a good chance we test 20 D-SMA for most indices. For SPX, we could sell off to low 1630's / high 1620's. My plan is do my second buy at 1626, we might see that today or tomorrow.

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, May 19, 2013

Indices Are Overbought, But They Will Be Pushed Even Higher


Permabears are long gold / silver and short equities (except AAPL, for some strange reason permabears love AAPL and are very long in it).  Big Money hates permabears and has decided to wipe them out by push equities higher while killing gold/silver and AAPL.   We should see a correction once Big Money has wiped out all premabears.  I think we are almost there.

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, May 12, 2013

$85 Billion A Month, That's No Joke


Per my plan I did my first buy of four for RTS and RTS-Div portfolios last Monday.  With the Fed effectively pumping $85 billion into the market each and every month for the foreseeable future, you can forget about fundamental and technical analyses and just BTFD. I'm planning to put more money to work by following that simple advice.

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, May 5, 2013

Aint Get Better Than This -Repost

Major indices are either at all time highs or multi-year highs.  Time to get back in long.  My plan is to open first of four positions in both RTS and RTS Div. portfolios sometime tomorrow early AM.

Repost: RTS picks slightly modified.  Doing 1st buy of 4 today.  Monday 5/6 8:44 AM PST
  • RTS: NFLX  GMCR  FSLR  LNG  BBY  MPEL  HTZ  WDC  GILD  AVP  KBH  STX
  • RTS-Div: NRF RRD  PDLI  OZM  HTGC   KCAP  NZTCY  AI  CPLP  OAK
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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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