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Recent Posts Tagged With 'general stocks'
Don’t mention the ‘D’ word
Some markets have been ramping up quite nicely for some time, stock indices, commodity currencies included. Theres been a nice bounce in stocks and it may well continue, but by historic measures it is reaching an extended point. The S&P put/cal...
Trading Commodities in 2009
Both potentially poised to move higher - The top chart, softs composite has broken down trendline, cotton and coffee are looking like they will move higher. Bonds reverse today. Low volume stocks rally today, the last trading day of 2008. ...
Targets for 2009
Objectives: Read Profits in Commodities by WD Gann - now this I am assured does not contain any other-worldly theories, or angles - but just good advice by the look of the preview. Scale into Oil Services stocks (RIG, ETF - IEZ) and agricultural ETF ...
Virtual ETX trading
I have not traded in some time but was tempted by the ETX competition - happy with catching move down in S&P when failed at support, this will rally like there’s no tommorow before Christmas, probably. I note Apple is at $80 and Nikkei at 7...
Reversal day
Today, sentiment shift, time to re-enter long side trades. Possible Dollar reversal. Large gains today bode well for coming weeks. Prices likely reached basing levels. Will power higher from here. SSRI $6.31 IEZ $29.00 GDX $18.09 BHP $33.86 &...
Panic over?
This does look like a v-bounce, 50% retracement of move down to 850. I was a little annoyed at closing out at $77 when the next day it was $100, but not so bothered now. Bought this one over a year ago, buried it away, so had to wait for it to com...
Couple of interesting charts
This line term chart shows the relationship between gold and gold stocks - with even more negative real interest rates as of today - gold is supported and the downside already priced into gold shares, short term low in? This is an easy trade. Tech...
Amazon short
Thursday was a bearish day, and the last hour of trading on bearish days tend, I have noticed to have the biggest declines of the day. So, I had a go at a quick short sale on Amazon that I’ve been watching for a while. I began selling at ten...
The great unwind
Silver stocks get beaten up, but this has been in the works for a while now. I was wondering months back how this chart formation was going to work out, I had though it was going to spring upwards after hitting the long term trend line - but this l...
Apple short sale
Apple I noticed has cracked under the 50ma on volume, signalling further likely downside. While Amazon 50dma stubbornly refuses to rise over the 200dma. I am so certain of big breaks in these stocks soon....
A real cool hand
Sometimes, trading, there is nothing to do but wait, with respects to Mr Newman… The recent rally looks to be nearly over, but there are some hazards to short sellers, like to US elections - markets tend to rally in the months prior - and the ...
Commodity Bull sees red
This past week saw the biggest fall off in prices in the precious metals since the start of the decade - but even now there could be further downside. The upside is that gold stocks are resting on weekly support / 200 week moving average. Versus go...
Apples with apples
Apples relative performance versus main competitors on weekly charts - its been treading water....
ipocalypse
Couple if items to note Morgan Stanleys “catastrophic event“ RBS says “global stock crash“ Apple short sale £246 in profit....
General stocks and DAX30 update
I entered a ’speculative’ position yesterday as a sell on the DAX30 - as we were at the bottom of the trading range - fully expecting it to rally today - up toward the top of the range (in yellow) - but - a change in the character of the ...
Fallen leaders…
When looking for a confirmation of a bull market that has ended the first place to look is the leaders of the bull run. Google, Apple and the housing and banking stocks were those to have led the run from March 2003. Just had a quick look today to ...
Update on general stock indices
Interesting situation now in the general market with the rally extending in the S&P and US indices. See the charts below. I believe it is likely the market rally will peter out once it gets much above the blue 50 day ma line. When it turns...
