Get started

Down

PTC- Upward channel breakdown short from $52.44 to $44.13 PTC seems breaking down from Long term upward channel. Moneyflow also broken down to the negative side. We think it can decline as low as $44 area. We would also consider $52.50 July-17 Puts, last traded for $2.30 * Trade Criteria * Date First Found- May , 2017 Pattern/Why- Upward channel breakdown short. Entry Target Criteria- Break of $51.43 or Rally to $52.44 Exit Target Criteria- $44.13 Stop Loss Criteria- $54.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:PTCShort
by AcornWealthCorp
S and P and Vix seasonal trade approachingS and P 500 2 Trends 2 Trades Seasonal factors are beginning to show on S and P now. Over the last 20 years May to October periods have produced a correction of between 5% and 41% in every year without exception. The average loss per period was 14.9%. For the last 7 years if you'd bought the S and P on 16th October each year and held for 6.5 months until selling on the last trading day of April (before entering Vix positions in June for 3/4 months instead) and then buying again on October 16 the following year and repeating the process every year since 2010 - that the S and P would have returned 1289 points and 100.4% profit, rising from 1175 to 2390 (October 16 to end April 2017). Interestingly, had you remained fully invested in the S and P over this ENTIRE period the return would have been 1215 points, 74 points less - so being invested in the S and P over just 6.5 months in each 12 month period yields HIGHER returns than being being fully invested over the entire period. The stats are telling us something pretty clear here...smart money lightens off after earnings season, it sells into strength, to the...less smart - and then buys back off the same people come the Fall (no pun intended). There's a pattern here. It's time we all recognised it for what it is. And maybe join in. Here's a fairly simple but winning strategy for Summer/Fall... The other side of this trade was to buy the Vix each June and sell at 35% to 50% profit each time limit level is struck (limit levels initiated at same time as purchase, which is itself an order to buy around 11.3 on nearest dated futures right now, but will hopefully come a little lower still in June) - by playing this game each year over the last 6 years the Vix would have returned a minimum of 50% on 6 out of 6 of those years - so 300% minimun return and the astonishing figure of 1132% return on 6 Vix trades when compounded. Rather better than the flat returns offered by the S and P over the corresponding period. If you get this, consider buying Vix futures (nearest dated) in June, seasonal low, for 3/4 months and don't be scared of it - only be scared of the Vix from November to May...from June to October it's your friend - if you can treat it like a schizophrenic and know when it's likely to go wild you'll get to like it more and stop running scared of it, that's the truth. Downside is 10%, maybe 15% max from 11.3 on nearest dated Vix futures, but wait until June/July, as probability says that's the best month to go long Vix - what other 'investment' can you make where the downside risk is close to certain (as certain as you can be in any investment, at least), that cannot ever go trade to zero, and has beautiful seasonality just about to come into play? The other big secret to trading the Vix is not to bother chasing those highs. Only a fool would even try. Lower your expectations and you'll get a near-certain result. Just be happy with between 35% and 50% returns over 3-4 months and this trade will always work out (gotta factor in 3 to 4 months roll-overs costing 0.4 to 0.5% each time but that's fine. You EXPECT that and you cover your backside with enough margin to handle anything up to 15% downside in the very near term). And then you wait for human nature to revert to mean. Not complicated unless you figure human nature changed all of a sudden. Then this strategy is doomed. But since human nature in investment hasn't changed one jot since we first crawled out of the swamp it seems unlikely to change anytime soon. Your choice. Has human nature changed? If yes, stay away from the Vix. None of this means that the S and P HAS to decline from here, just that probability says that this index struggles over the Summer and usually falls in October or November and has a 50% chance of making an interim low in August over the last 6 years. In the last 6 years the Vix made it's annual low in June once, in July 3 times, in August once and September once.
FX:SPX500Long
by sumastardon
Bears are out For MetLifeOn April 28, 2017, the MetLife 20 day moving average (DMA) crossed below its 150 day moving average (DMA). Historically this has occurred 24 times and the stock drops a minimum of 1.184%. The median drop is 3.894% and maximum drop is 10.709 % over the next 12 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 48.2268. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock has been neutral but also trending down since the election last November. The true strength index (TSI) is currently -9.0016. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock has been moving down for most of 2017. The positive vortex indicator (VI) is at 0.8072 and the negative is at 0.9669. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock has been moving down but with both indicators below 1, anything can happen. The stochastic oscillator K value is 53.4444 and D value is 54.8659. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The current reading declares the stock did not make it to overbought territory before recently reversing downward. The highs reached for the stochastic have been trending lower since the election, so a reversal at the current level is very possible. Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to be pointing down. Based on historical movement compared to current levels and the current position, the stock could drop another 2.23% if not more over the next 12 trading days.
NYSE:METShort
by StockSignaler
CHD- Upward channel breakdown short from $49.32 to $48.25CHD seems breaking down from an upward channel. It crossed down the lower channel line & seems it will go down further. We are looking for a quick short opportunity here. * Trade Criteria * Date First Found- May 1st, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $49.32 Exit Target Criteria- $48.25 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:CHDShort
by AcornWealthCorp
SPY to decline from $235.50 to $232.50, Consider $235 Put optionSPY broke down from an upward channel & seems approaching to channel support from beneath. We think it will be a very good shorting opportunity if it holds below the channel & reverse from there. And to trade that we would consider $235 Puts $235 Put option * Trade Criteria * Date first found- April 11, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Pullback to $23.50 Exit Target Criteria- $232.50 Stop Loss Criteria- N/A Option- Short term $235 Put option (Speculative) Please check back for Trade updates. (Note: Trade update is little delayed here.)
AMEX:SPYShort
by AcornWealthCorp