Portfolio management
DOW CLOSE UP M15 LOOKS
Watching the reaction buy and holder had and the aggressive dumping of positions in those levels that volume experienced heavy fluctuations i will be looking to take short positions during the weak or catch the bounces of breakouts after in the highlighted ideal stop hitting levels for intra day . Super lazer focused for the upcoming week.
DOW SHOT ON BOTH LEGS!Watching the reaction buy and holder had and the aggressive dumping of positions in those levels that volume experienced heavy fluctuations i will be looking to take short positions during the weak or catch the bounces of breakouts after in the highlighted ideal stop hitting levels for intra day . Super lazer focused for the upcoming week.
EURCAD ON PAST SUMMER PEAKSEURCAD with an extremly bullish move managed to reach past august peaks in just a matter of days providing an ideal zone for seller to get in and buyer to take profits and reverse their positions which could be an ideal correction or reverse move with extremely tight stops this could be a great scalping and position building opportunity for the bears
Japan on the verge of failing (reports)The selloff continued during the friday london session and seems to be an a point that would provide ideal R:R ratios with the benefit of a weekend swap farm.
The extreme swap gap between its pairs indicates a great opportunity to reposition yourself or start building a position that could expand in the first couple of weeks of March.
EURCAD / NZDCHF WEEK Following the last week's events the upcoming 1 to 2 weeks seems to be ideally alligned for a great hedging opportunity between these 2 pairs the excessive trading action has dragged eurcad in abnormal levels that makes is very complicated for those who are holding long term positions to cover the exposure or trail their gains. For those who do not need to rebalance or for those who are looking to start building new position i have indicated the levels that i am expecting to provide great opportunities with a very low risk in both expectancy and volatility side
AUDCHF CORRELATION RELATIONSHIP SLIPAUDCHF made an attempt early last friday to close the difference in the gap created from last Monday to Last Tuesday in its positive correlation tree , i see great value in a short position as a stand alone sell as well as a re balance opportunity adjustment if your portfolio can yield the short side of this pair.
A long position on GBPUSD could reduce / eliminate your exposure at this if your risk / tolerance exposure is less than 2 deviation point (measure form last Monday to today). Always ATR ADR to balance your hedges if you choose to do so.
Position will be constantly updated.
GBPJPY SEVERLY UNDERPRICED ON THE GBP SIDE?Last weeks pound selling spree continued during Friday's sessions the US open volume made an attempt to make an initial break on the upside but felled short i am expecting a retracement on the upside .A heavy buying action session this week could cause a short term change in the trend direction. GBPJPY,GBPUSD and because of its correlation slip USDJPY also will be my main cover positions this week and the top three pairs in my hotlist . If you have exposure in these pairs i would highly recommend to be on the look out to cover using their correlation relationships.
Position will be update during the week
BUYERS COMING IN ?The sell off continued last week for the pound that made little to no effort to adsorb the heavy selling pressure on Friday that turned the pair into a swap farming party zone for the weekend. Same concept applies as with my gbpjpy analysis be sure to check that also to have a clear overall image of what is my expectations and my expectation failure alternatives for this week.
How to Utilize the $VIX as a HedgeWhile the $VIX is a volatile index by itself, containing derivatives that can be fun to trade individually; it can also be used as a valuable hedge against a range of portfolios. While I had a tech heavy portfolio the last month and a half, I took tremendous short term gains anywhere between 10 and 15%. While holding the $VXX ETF to mimic movements of the $VIX, I used this derivative to hedge against sharp downfalls in this NASDAQ.
Over the course of tech making a quick run, the ETF I held took losses of around 20%. This is why it is vital to take a holding relative to other positions - I usually do 1/3 position compared to fulls in my portfolio. This way the losses only really amounted to ~6.5% compared to a full position. Today on 6/19, a couple days after I liquidated all my tech positions (still holding $NVDA), the NASDAQ took a hit and the $VXX ETF is up 8.2% currently. This spike has erased losses to -10% for the position alone (~-3% to a full position) and has actually made me net green for the day even after suffering losses of 2.5% on $NVDA.
Even though the $VIX is extremely risky by itself, I do think it contains great value as a hedge if utilized correctly.
T- Making a bounce off the trendline.I made this trendline pattern in November 2017 when one of my clients wanted to buy T and we bought and I advised on the trade to sell in late January when T touched the top of the trend line. Once again, T has given a golden opportunity for a 4% to 6% run between the current level to the top of the trend line. A 6% div that pays you to wait on the trade form is not a bad incentive either.
Cheers!
WhoTrades Marketplace 2018: Which Portfolios Will Perform Best?Goes through a few of the portfolios that did best on the WhoTrade Marketplace in 2017.
Will the trend be likely to continue in 2018?
PLUS, takeaways from each portfolio -- strengths, weaknesses, and how all three can be combined together.
aff.whotrades.com
WhoTrades Marketplace: Intriguing Portfolios To Watch AheadIn our last article, we looked at some of the best performing portfolios on the WhoTrades Marketplace.
This time, we are looking at portfolios that were flat to down this past year and making an assessment of their future prospects going into 2018.
Winning in the markets is difficult to do and just about everyone is going to lose money at some point. Even though US equities are up approximately 20% in 2017, those who have had more exposure in unpopular sectors (e.g., telecom, energy, retail), over-concentrated in certain securities, or followed a “value” strategy more broadly likely haven’t done as well.
But there are still things that can be learned from portfolios that have underperformed, just as those that have performed better than or in line with the market.
So let’s go through a few:
Full article can be found on WhoTrades .
Portfolio Position: Teva Pharmaceuticals $TEVATeva Pharmaceuticals $TEVA has shed over 50% of its value following its $6.1B impairment charge and 75% dividend slash in its latest quarterly report.
Pros:
- The company continues to expect double digit sales growth from its recent Actavis acquisition from Allergan $AGN.
- Teva expects over 1,500 new drugs to launch in 2017, with over 900 drugs still pending approvals.
- The company is divesting its non-core organic revenue drivers, expected to bring in over $5B in 2017 and boost margins.
- Aggressive cost cutting, saving over $1.6B annually is expected to boost Net Income and Margins.
Risks:
- Teva's blockbuster drug Copaxone is under competitive pressure, losing market share in 2017 & is expected to continue in 2018.
- Sentiment: The company still trades in a highly retail environment being effected by mass hysteria, boding bad for share price.
Targets:
I initiate TEVA with a $30 PT for the next 12 months, throughout 2018.
For the full review: seekingalpha.com
Hindustan Oil Exploration, Breakout Buy for long termHindustan Oil Exploration is company with good fundamentals and as management is trying resolve issues which has caused pain for company in past. I believe that good days are ahead for company. On the technical point of view stock has given a good breakout above 52 level and had sustained it on weekly closing basis. A buy trade on this share would be suggested for multi fold target,
Thanks