Monday, March 31, 2014

RTS is Selling TSLA and Buying ORCL

RTS is selling TSLA and buying ORCL in its place on Tuesday 4/1/2014 near the open.
Today I sold FB and bought HAL, still waiting on selling MU, ALXN and buying EXPE, CVS.  My plan is get all RTS trades done within the next couple of days.
Today was a good day for bulls. SPX closed above its PDL, nicely above its 20 D-SMA and 0.6% from its all time high.  RUT closed nicely above its 50 D-SMA.  Both DJI and DJT closed above their 20 D-SMA's and less than 1% from their all time highs.  NAZ tagged its 50 D-SMA and is getting ready to break through it.

Everything now points to companies reporting good earnings and outlook.  Chances are good the rally that started today continues for a few more days.
 

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, March 30, 2014

Indices Are Oversold, Expecting A Sizable Bounce This Week

RTS is selling  FB, ALXN, MU and buying EXPE, HAL, CVS in their places on Monday near the open.
My plan to do all three buys near the open tomorrow then wait until mi-week to sell. 


  
Action on Friday was certainly disappointing, but all major indices still managed to close nicely into green.  As of close of last Friday, major indices are oversold.  I expect a rally this week that would push SPX to test its Primary Downtrend Line (PDL) around 1874, possibly as early as tomorrow.

There is an awful lot of doom and gloom noise out there these days, but ultimately it's the first quarter earnings and forecasts that would either send indices to new highs or cause a major correction.  So far all signs on my radar point to good earnings and outlook for most companies.


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, March 24, 2014

RTS is Selling NFLX and Buying SNDK

RTS is Selling NFLX and Buying SNDK in its place on Tuesday 3/25/2014 near the open.
Updated for recent transactions
Indices Long Term Current and Past Portfolios

Today Big Money was pretty busy churning positions and buying whatever  that was sold in a panic.  NAZ managed to cut its losses and close nicely above its 50 D-SMA.  As of close of today, all major indices are comfortably trading above their 50 D-SMA.  The bull market is quite intact and bulls don't have much to worry about. 

First quarter earnings and forecasts are going to either tank the market or send it much much higher. Base on Big Money's daily actions that I have seen so far, chances of breaking to upside is considerably higher.


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, March 23, 2014

Uptrend In Indices Is Well Intact

RTS is selling  CTSH , YHOO and buying GMCR, HPQ in their places on Monday near the open


  
Last Friday SPX put in a new all time high before quadruple witching selling hit the market, especially Nasdaq high fliers.  Chances are good that indices go sideways for another week before they start going higher again.


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, March 16, 2014

Once Again Doom And Gloom Is Abound .... Another Buying Opportunity

RTS Long Term Current and Past Portfolios
Updated for 0.5 buy on 3/13
RTS is selling VOD and buying TSLA in its place on Monday near the open
(VOD initial buy on 3/7 was a computational error due to Reuters erroneous EOD data for VOD)

Indices Long Term Current and Past Portfolios
Updated for 0.5 buy on 3/13

  
DJI not only did not confirm highs in other four major indices (DJT, NAZ, RUT and SPX), but also lead indices lower last week.  That was certainly disappointing for bulls, but does not mean the beginning of the end for the bull run.  Major indices are on average are only 2.6% down from their all time highs.  Again that's 2.6%, not 26%  as fear mongering doom and gloomers want us to believe.  

Facts are:
  • All Major indices are trading above their 100 and 200 D-SMA.  In fact, all major indices, except for DJI, are trading above their 50 D-SMA.
  • New 52 week highs out numbered new 52 week lows everyday last week both on NYSE and Nasdaq.
  • QE Infinity is still pumping $65 billion a month into our economy and very likely will continue for a while.  The Fed would not hesitate to substantially increase the monthly QE amount if signs of deflation are seen in our economy.
  • Economically speaking, Ukraine is a nobody.
  • WW-III is not about to start next week.
Chances are good that indices go sideways for the next couple of weeks before they start going higher again.


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, March 9, 2014

Bulls Need DJI And DJT Confirmation This Week

Updated for recent dividend payments


  
NAZ, RUT and SPX put in multi-year highs last week.   There is a good chance that we see those highs get confirmed by DJI and DJT as they put in their own new highs sometime this coming week.


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, March 6, 2014

RTS is Selling MA and Buying VOD in its place


Indices Long Term Current and Past Portfolios

RTS is Selling MA and Buying VOD in its place on Friday 3/7/2014 at the open.


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, March 2, 2014

A Buying Opportunity Is Coming Up

NAZ, SPX and RUT closed at all time or multiyear highs on Thursday or Friday.  The rise in February was broad based with small and mid caps leading.  On Friday, DJI made its first attempt to break through its Primary Downtrend Line (thick black line in figure below) before a sell off due to the news out of Ukraine.
 
 

The situation in Ukraine is serious because Russians will not back down.   I believe we are in for a few days of very choppy markets.  My plan is to do my fourth and final buy into a major panic which could send SPX to back test its 50 and 20 D-SMA around 1825.


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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