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A Video Explaining how to use the Greer Invest StrategyGreer Invest Strategy Overview: The Greer Invest strategy is designed to assist investors in making long-term investment decisions through a structured approach to buying and managing investments over time. Key Features: Invest: Indicator to pinpoint optimal entry points for investments. Investment Management: Includes an additional feature for strategic selling, allowing investors to rebalance their portfolio or generate cash for other purposes without full liquidation. Precision and Alerts: Offers precise buy signals within BuyZones and customizable alerts for proactive investment management. Purpose: This tool aims to simplify the decision-making process for when to enter or adjust positions in stocks, ETFs, cryptocurrencies, or other assets, focusing on long-term wealth accumulation rather than short-term speculation. Usage: Backtesting: Investors can use TradingView's strategy tester to evaluate the performance of this strategy over historical data. Alerts: Set up notifications to be alerted on potential buy or sell opportunities across your watchlist. Backtesting Results: The Greer Invest Strategy was backtested against the top 50 companies in the U.S. by market capitalization. Here are the key results from this comprehensive test: Total number of trades: 470 trades were executed. Total invested over time: $470,000, with each trade amounting to $1,000. Total Net Profit: The strategy yielded a profit of $162,344.59. Total Net Profit %: Overall, the strategy achieved a 35% return on the total investment. % Trade wins: A notable 82.33% of all trades ended profitably. % Trade loss: 17.67% of trades resulted in losses. Average Max Draw Down per $1000: The strategy experienced an average maximum drawdown of $550.74 per $1,000 invested, indicating potential risk levels. Average Trade Profit per $1000: Each trade, on average, profited $497.93 per $1,000. Average # bars in trade: Trades were held for an average of 396 bars, reflecting a medium-term to long-term trade duration. Detailed Results for Selected Companies: Apple (AAPL): Profit of $6,752 (67.53% return) from 10 trades. Microsoft (MSFT): Profit of $3,294.13 (32.94% return) from 8 trades. NVIDIA (NVDA): Profit of $7,743.43 (77.43% return) from 5 trades. Alphabet (GOOG): Profit of $338.22 (3.38% return) from 2 trades. Amazon (AMZN): Profit of $3,580.17 (35.80% return) from 6 trades. Meta Platforms (META): Profit of $731.04 (7.31% return) from 2 trades. Berkshire Hathaway (BRK.B): Profit of $1,902.01 (19.02% return) from 4 trades. Broadcom (AVGO): Profit of $1,089.64 (10.89% return) from 2 trades. Eli Lilly (LLY): Profit of $1,408.76 (14.09% return) from 12 trades. Tesla (TSLA): Profit of $10,263.41 (102.63% return) from 2 trades. Key Observations: High Win Rate: An impressive 82.33% of trades were winners, suggesting the strategy was effective in picking winning trades. Profitability: The strategy was profitable across various companies, with some like TSLA, NVDA, and AAPL showing particularly high returns. Drawdown: The average maximum drawdown of $550.74 per $1,000 could be a concern for risk management, indicating significant fluctuations in equity. Trade Duration: With an average of 396 bars in trade, the strategy seems to hold positions for a considerable duration, suggesting a medium to long-term approach. This analysis indicates that the strategy performs well across a diversified set of top U.S. companies by market cap, with some standout performers. However, the drawdown and long trade duration might require careful risk management and could impact liquidity or opportunity cost considerations. Credit: Credit to Tushar Chande who invented the Aroon indicator. Credit to Carl Friedrich Gauss who invented the Gaussian process. Credit to Donovan Wall who created the script that has the math for the Gaussian Channel. Disclaimer: The Greer Invest strategy is for educational and informational use only. It does not constitute financial or investment advice. Users should perform their due diligence and consider consulting a financial advisor. There's no guarantee of profit or protection against loss. The creator of this script is not liable for any outcomes from its use.
NASDAQ:AAPLEducation
by controllinghand
Light Crude Oil Futures: Mid East Tensions Fuel Price Surge!Light Crude Oil Futures (CL): NYMEX:CL1! As mentioned in our morning briefing, oil is currently extremely interesting, partly due to increasing tensions in the Middle East and the destruction of oil reserves there as well as in Russia. Consequently, oil prices have surged significantly. We are currently at a level of $85, but we still consider it quite likely that the Wave Y and the overarching Wave II have not yet concluded. We expect a three-part movement towards Y, with this Y anticipated to be in the range between 127.2% and 161.8% of a Wave C. This would place it between $63.2 and $57.4, nearly forming a double bottom with Wave ((b)) at $63.64. We would invalidate this scenario and consider a bullish outlook if we surpass the $90 mark in Crude Oil Futures. Should the price fall from here, we would then expect a five-wave structure downwards. However, caution is advised with oil due to the significant political and geopolitical influences on its price. The upcoming elections at the end of the year are particularly noteworthy, as a lower gasoline price in America is hugely important for electoral success, ensuring wins. With rising oil prices and the depletion of reserves, with hardly any reserves left in America, it will likely be necessary to purchase a large amount of oil. Considering the current economic stance of America, this task appears challenging. There is only one option if the goal is to lower oil prices for repurchasing. Even a $20 difference is substantial when buying as much oil as a country the size of America needs. Therefore, we still expect prices to fall further before we see a reversal.
NYMEX:CL1!Short
by freeguy_by_wmc
Alibaba (BABA): Stagnation Phase or Momentum Boost?We are currently experiencing a phase of stagnation with Alibaba, as the stock remains in a new accumulation phase after breaking out of the previous one. The price might retest the Point-of-Control along with the trendline that was broken during the breakout, potentially providing a good momentum boost. Despite the sideways movement, our position remains profitable. From a long-term perspective, our entry looks strong, with a 10% stop-loss from our entry point. The upside potential for Alibaba is significant, given how far the stock is from its historical highs. The main concern with Alibaba is the jurisdiction risk, as it is a Chinese stock and subject to influences from China, which adds a layer of risk not present with American stocks. Nevertheless, as long as the price stays above $72.38, the outlook remains positive. Losing this level would be unfavorable and could indicate further downside risk. In summary, we remain optimistic about Alibaba's potential, keeping a close watch on the key support levels to manage risk effectively.
NYSE:BABALong
by freeguy_by_wmc
ASKAUTO strengthening Financias as well as Price Action NSE:ASKAUTOLTD ........................ KEY Performance ........................ Robust growth in both top line & bottom line Highest ever Revenue & PAT in any quarter in past Revenue growth outperformed Industry growth Revenue up +31%, EBITDA up + 59%, PAT up +63% EBITDA Margins at 11.9%, up 210 bps YoY EBITDA margin improvement resulting from: Higher Volume driven economies of scale Benefit from ramp up of Karoli facility Focus on cost optimization initiatives EPS at Rs. 2.88, up +63% YoY CRISIL revised outlook to Positive from Stable CRISIL reaffirmed Credit Rating to AA- for Long Term and A1+ for Short Term Construction work of new Bengaluru Plant progressing well as per plan ...................... Powertrain Agnostic product offerings in both EV and Non-EV. 4 World Class Technical Collaborations and 2 World Class Joint Ventures. Robust financial performance with 17% Revenue growth, 26% EBITDA growth, 41% PAT growth and RoACE of 23.64% in FY24. High entry barriers due to proprietary material formulations, in-house Engg, Designing & Tool room. Long standing relationship with customers & established Aftermarket focused on Quality, Cost & Delivery.
NSE:ASKAUTOLTDLong
by iism-ExpertTrading
Narayana Hrudayalaya - Strong Fundamental & TechnicalFundamental plus Technical Analysis on a Financially Strong Company: Narayana Hrudalaya Ltd is engaged in providing economical healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations. Focus Company plans to add 700 plus beds for the next 3-4 years at Bangalore Health City. It intends to invest upto Rs. 1,000 Cr in the West Bengal for setting up a superspecialty hospital. Capex Plan Company has planned a total capex of 1136 Cr for FY24 and till Q3 FY24 it has spent 477 Cr. Stock P/E - 31.7 Industry PE - 56.3 EPS growth 5Years - 67.8 % Buy Score - 4.56 (Buy Score above 0 for me, is considered very good and above 1, excellent.) ROCE 5Yr - 19.6 % Please note that this idea is meant to spread awareness and should NOT be considered a buy recommendation. Do your own research before making any financial commitments.
NSE:NHLong
by Gaurav_Singh_5705
GNA Axles Limited Going Towards Its All TIME HIGH's NSE:GNA GNA Axles is engaged in the Business of manufactures auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market. .................................................................................................................. .................................................................................................................. .................................................................................................................. Key strengths Extensive experience of promoters/management and long track record of operations GNA was promoted by Late Rachhpall Singh and his brother Gursaran Singh, the latter being the company’s current managing director with around five decades of industry experience. His son, Ranbir Singh, and other family members are also involved in the company’s day-to-day business activities. The company directors are assisted by a team of professionals who are highly experienced in their respective domains. Being established in 1946, the GNA group, which also includes GNA Gears Limited, has a long track record of operations. ............................................................................... Diversified revenue stream across product segments and geographies The company supplies its products to varied segments of the automotive industry, including commercial vehicles (CV or the onhighway segment), tractors, farm equipment, and earth moving equipment (all three being part of the off-road segment). The company derives significant income from export of its products to the US, Europe, Asia Pacific (Japan and China among others), Mexico, Brazil, and so forth, with exports constituting around 53% of its total operating income (TOI) in FY23 (refers to April 1 to March 31) . The company is a Tier-1 vendor for its supplies in domestic off-road segment, while in the exports markets, it supplies axles and spindles to larger and more established Tier-1 vendors. ................................................................................ Long and established relationship with customers The GNA group has been operating in the auto component industry since 1946, thus having built time-tested relationship with customers – with some ever since the commencement of its operations. Besides, it has been supplying to some of its export customers since 2000. GNA markets its products through the common group marketing network catering a whole range of products, including axles, gears, and shafts under one roof. The long and established relationship with customers provides revenue stability to the company, subject to overall industry demand scenario. .................................................................................... Reputed, though concentrated customer base While GNA faces customer concentration with its top-5 and top-10 customers accounting for around 64% and around 80% of its total gross sales in FY23, the risk is largely mitigated as the top revenue contributors are well-established players and enjoy strong position in the industry. GNA is the main supplier of axle shafts to most of the original equipment manufacturers (OEMs) that it supplies to, and by virtue of its long-standing relationships with the customers, the company has a strong market position. For some of its export customers, the supplies are made by GNA for their plants in various countries, thereby mitigating the risk arising from slowdown in one geographical location. ......................................................................... Comfortable scale of operations with largely steady margins In FY24, the company achieved TOI of ₹1,508.67 crore compared to a TOI of ₹1,582.93 crore in FY23 driven by moderation in price realisations owing to weak tractor sales in the domestic market. The profit before interest, lease rentals, depreciation and taxation (PBILDT) margin marginally declined to 13.24% in FY24 (PY: 14.70%). The profit after tax (PAT) margins declined to 6.63% in FY24 from 8.22% in FY23. ....................................................................................... Comfortable financial risk profile The company’s capital structure remained comfortable with long-term debt-to equity and overall gearing ratios of 0.04x and 0.24x, as on March 31, 2024, respectively (PY: 0.07x and 0.28x, respectively). The same improved mainly due to reduction in debt and accretion of profits to the net worth. The company has low reliance on working capital borrowings as it only avails the pre-shipment credit for exports and substantial portion of its inherently high working capital requirements are funded by internal accruals. The interest coverage ratio remained healthy at 17.3x in FY24 (PY: 21.22x) due to healthy profitability and low interest costs on foreign currency borrowings. The company’s total debt to PBILDT stood comfortable at 0.95 as on March 21, 2024 (PY: 0.87x).
NSE:GNALong
by iism-ExpertTrading
Key Differences Between Trading and InvestingTrading vs. Investing: Key Differences and Practical Insights Trading and investing are often confused, but understanding their differences is essential for success in financial markets. Both terms refer to distinct strategies with unique objectives and methods. In this guide, we break down the differences between the two, explain why they matter, and provide practical tips to help you decide which approach best suits your financial goals and risk tolerance. What is Trading vs. What is Investing? Trading involves buying and selling financial instruments such as stocks, commodities, or currencies over short periods. These timeframes could range from seconds to days or weeks, and the goal is to take advantage of small price fluctuations for quick profits. Traders often rely on technical analysis and market trends to time their trades effectively. Investing, on the other hand, is a long-term strategy. Investors purchase assets like stocks, bonds, or real estate with the expectation that these will appreciate in value over time. They are less concerned with short-term price movements and more focused on broader economic trends and company fundamentals, aiming to build wealth over months, years, or even decades. The Essence of Investing: Long-Term Wealth Investing is all about patience. Investors buy assets with the intention of holding them through market ups and downs, ultimately benefiting from compounding returns. For instance, if you invest $10,000 with an average annual return of 7%, your investment could grow to nearly $20,000 in ten years through compounding alone. To mitigate risks, successful investors diversify their portfolios. Spreading investments across different sectors or asset types (e.g., stocks, bonds, and real estate) helps cushion against downturns in any one market. Investors focus on fundamentals—like company earnings, dividends, and economic conditions—rather than short-term price movements. The Fast-Paced World of Trading In contrast, trading is fast-paced and focuses on short-term market movements. Traders aim to capitalize on small, rapid price fluctuations. For example, a trader might buy tech stocks when prices drop 3% in the morning and sell them by afternoon for a quick 5% gain. Unlike investors, traders are not interested in holding assets for the long term. Instead, they react to market news, economic reports, and even political events. Trading can be especially profitable in volatile markets such as cryptocurrencies or commodities, where price swings occur rapidly. However, this fast-paced environment means traders face higher risks. They must make quick decisions and often rely on technical analysis, such as studying price charts and volume patterns. Here, we emphasize the importance of risk management and emotional discipline in trading. Successful traders develop a well-thought-out strategy and stick to it, even during moments of market volatility. Key Differences Between Trading and Investing To better understand these approaches, here are the key differences between trading and investing: Time Horizon: Investing: Long-term (years to decades) Trading: Short-term (seconds to months) Risk Tolerance: Investing: Lower risk due to a longer time horizon Trading: Higher risk due to volatility and frequent transactions Profit Objective: Investing: Building long-term wealth through appreciation Trading: Making short-term profits from price movements Decision-Making: Investing: Based on fundamentals and long-term trends Trading: Based on technical analysis and short-term market sentiment For example, during a market downturn, investors might hold onto their stocks, confident in a long-term recovery. Traders, however, may sell quickly to avoid losses, as they are focused on short-term price movements. Including real-world examples like these highlights the importance of choosing the right approach based on your goals. The Psychological Battle in Trading While both trading and investing require market knowledge, trading demands a sharper psychological edge. In trading, emotions like fear, greed, and impatience can easily derail a strategy. Traders must learn to stay calm and disciplined in fast-moving markets. Common mistakes, such as becoming emotionally attached to a losing trade, can result in significant financial losses. Practical strategies for controlling emotions in trading include: Setting Clear Stop-Loss Levels: This ensures that you minimize potential losses by automatically selling an asset if it drops below a pre-set price. Sticking to a Trading Plan: Develop a strategy and follow it diligently, regardless of market conditions. Mindfulness and Reflection: Regularly assess your emotional state to avoid impulsive decisions. Here, we emphasize the importance of emotional discipline, risk management, and consistent evaluation of strategies to help traders succeed. Investors Have Time on Their Side Investors benefit from the luxury of time. They aren’t focused on short-term fluctuations, so they can ride out market volatility without panicking. For example, when the stock market drops, an investor might hold onto their assets, knowing that markets generally recover over the long term. This long-term approach allows investors to avoid the emotional rollercoaster that comes with short-term trading. Investors also focus on the big picture—macroeconomic trends, industry health, and the performance of individual companies. They are less concerned with daily price movements and more focused on overall growth over time. Can You Be Both a Trader and an Investor? Yes, it’s possible to adopt both strategies, but it requires discipline to keep the two approaches separate. Some people allocate a portion of their portfolio to long-term investments while actively trading with another portion. For instance, you could invest in index funds for steady, long-term growth while also trading tech stocks for short-term gains. However, it’s crucial not to confuse the two. Mixing a long-term investment mindset with a trading strategy can lead to poor decision-making, such as holding onto a losing trade in the hope that it will eventually recover. Final Thoughts: Balancing Trading and Investing The key to success in both trading and investing lies in understanding your goals, risk tolerance, and time horizon. Here, we focus on helping traders navigate fast-paced markets with precision and discipline. However, we also recognize the value of long-term investing as a strategy for building wealth. If you’re looking to balance both strategies, consider: Allocating Capital: Divide your portfolio between long-term investments and short-term trades. Setting Clear Goals: Know what you want to achieve with each strategy. Reviewing Your Portfolio: Regularly assess both your trading and investing strategies to ensure they align with your financial objectives. Whether you’re aiming for long-term wealth through investing or seeking short-term gains through trading, understanding the differences between these two approaches is essential for success.
AMEX:SPYEducation
by exlux
S&P 500 Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook: In the current week's trading sessions, the S&P 500 Index has demonstrated significant fluctuations, breaching the Mean Resistance level of 5648 and attaining the Inner Index Rally level of 5666 and the Key Resistance level of 5667. The index is on the verge of achieving the targeted Inner Index Rally at 5739. Yet, a potential retraction to 5620 in the upcoming week's session, with the prospect of further descent to the subsequent Mean Support indicated at 5552, could disrupt this progression. Conversely, an expected downward trend may be intercepted by the realization of a robust rebound to the Inner Index Rally at 5739, negating the anticipated decline.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook: In the current week's trading session, the Eurodollar has displayed significant volatility within the defined range of Mean Support at 1.101 and Key Resistance at 1.119. This behavior reflects uncertainty regarding the currency's trajectory amidst the ongoing Dead-Cat rebound activity. The prevailing transient buying pressure is steering the currency towards a downward retreat to the support level of 1.111, with potential further retreats to supplementary support levels at 1.108 and 1.101 in light of the ongoing interim price movement.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 20, 2024Technical Analysis and Outlook: The current market activity exhibits a robust recovery from our Mean Support level at 57300, surpassing the Mean Resistance of 60500. It is poised to achieve our secondary rebound target: the Completed Interim Coin Rally denoted at 64500. Nonetheless, prevailing market sentiment suggests a potential retracement to the Mean Support level at 61900 before initiating the primary recovery and progressing into the subsequent phase to retest our completed Interim Coin Rally at 64900 and beyond.
BITSTAMP:BTCUSD
by TradeSelecter
Gold (XAUUSD): Swing-Chart-Analyse UpdateWe are now covering Gold (not Barrick Gold) but the commodity. Gold prices are broadly stable after the latest breakout of the consolidation range but still trading at record highs, supported by a weaker U.S. dollar and prospects of a long-awaited interest-rate cut by the Federal Reserve on Wednesday. The Federal Open Market Committee is now expected to cut interest rates by 50 basis points when it ends its two-day meeting on Wednesday afternoon. The CME Fedwatch tool now sees a 65% probability of a 50 basis point rate cut, with a 35% chance of a 25 point cut. A week ago, the tool showed a 70% chance for the smaller drop. Looking at it from a technical perspective we can clearly observe the first consolidation range where after its breakout we wanted to bid the retest but couldn't get the entry right and it was going without us. By being invested in the gold mining company, Barrick Gold, we still participated in some kind of this gold rush 🚀 We have now built a smaller but very similar consolidation range and again got the breakout to the upside, which is picture-perfect. If our count is correct, we are about to finish what seems to be Wave ((v)) & 5. We anticipate these two ends to find their top between the 50-60% Fibonacci extension level, which translates to ~2600-2671$. After that, we want to see a structure shift into the bearish structure, and we are going to bid this Wave (4), but until then, we have to wait until we can anticipate this Wave (4) more surely. Stay tuned for more 🤝
CAPITALCOM:GOLD
by freeguy_by_wmc
NVIDIA (NVDA): Our Next Move After Predicting the TopJust 14 days ago, we analyzed NVIDIA and concluded that we might see a small push upward followed by a pullback. We were correct, although the last small push didn't materialize. Still, we're pretty happy that we called the top on NVDA accurately, and perhaps some of you were able to capitalize on it. If so, that makes us even happier 😄 Since our last analysis, NVIDIA has fallen by 21%, bringing us into the area where we should be looking for long positions. We're about to do just that, even though it's risky. We're planning to enter a long position on NVIDIA, with our stop loss set below the end of Wave (4) for invalidation. We don't have a specific target set for NVDA, and we'll be monitoring it closely. Given the risk involved, we won't be over-leveraging here. Let's see if we can get it right again!
NASDAQ:NVDALong
by freeguy_by_wmc
INVESTMENT IDEA - PAGE INDUSTRIESPage Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals. Reasons are listed below : Technical strengths : The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects. The formation of a hammer candlestick pattern on the weekly chart signals a potential reversal from a downtrend, indicating buyer support at lower price levels. Finding support at the 0.5 Fibonacci retracement level suggests a healthy correction within an overall uptrend, reinforcing investor confidence. Page Industries' stock price is supported by the 200 Exponential Moving Average (EMA) on the weekly timeframe, highlighting its stability even during market fluctuations. Fundamental Strengths: With well-established brands like Jockey and Speedo, Page Industries maintains a competitive edge and market leadership. Consistent revenue growth and profitability underscore the company's financial health and prudent management. Strategic partnerships and expansion efforts enhance Page Industries' market presence and growth prospects. Page Industries' focus on product quality, innovation, and customer satisfaction ensures its offerings remain relevant and competitive. Target - 43000 // 53000 // 67000 Stoploss - monthly close below 27000
NSE:PAGEINDLong
by Visionary_Growth_Insights
2
S&P 500 Daily Chart Analysis For Week of Sep 13, 2024Technical Analysis and Outlook: Throughout the trading sessions of the current week, the S&P 500 Index has exhibited notable resilience, demonstrating a movement toward the Mean Resistance level of 5648 and the Key Resistance, and completed the Inner Index Rally level of 5666. A resilient rebound to this level in the upcoming week’s session is highly likely, with the possibility of further movement to the subsequent Inner Index Rally at 5739. Conversely, an anticipated downward movement toward the targeted Mean Support level of 5557 is expected upon achieving a resilient rebound.
SP:SPX
by TradeSelecter
EUR/USD Daily Chart Analysis For Week of Sep 13, 2024Technical Analysis and Outlook: During the current week's trading session, the Eurodollar exhibited a modest decline, briefly breaching the predefined support level of 1.103 and decisively transitioning to the freshly established resistance level of 1.110. The transient selling propels the currency downwards to the support level of 1.101, with a potential extension to the supplementary support levels of 1.097 and 1.091 amidst the interim price movement.
by TradeSelecter
Bitcoin(BTC/USD) Daily Chart Analysis For Week of Sep 13, 2024Technical Analysis and Outlook: The recent market activity demonstrated a resilient rebound from our Key Support level at 53000, surpassing the Mean Resistance levels at 56700 and 59700 and peaking at the newly established Mean Resistance level at 60500. Current market sentiment indicates a potential retracement to the Mean Support level at 57300 before initiating the primary rekindled rebound and progressing into the second phase to retest our completed Interim Coin Rally at 64900.
BITSTAMP:BTCUSD
by TradeSelecter