Seasontrades
LONG run in Adidas📈I've placed a limit buy in this market because:
the long-term descending trendline was been broken
we have a bullish seasonality for Adidas
the price has broken above the 30's SMA
the price has broken above the prior swing high
the price has formed now a sequence of higher highs and higher lows (= bullish trend)
Buy Domino's 🍕???Technicals
We're now at the 38.2 % Fib retracement, which would be an excellent correction in a bullish trend.
We have been in the big picture for over ten years in a bullish trend. So the underlying trend may continue.
Concerning the last 15 years, we have a robust bullish seasonality in Domino's Pizza. From the 24th of Feb until the 12th of May, only one year returned with a negative result in the given period.
All other technicals are somewhat bearish.
Others? I think that even when the economy collapses - people will still eat pizza (and order them ;) ).
So I'm positioned long in this stock. It's a speculative position - I don't know if the correction was big enough; otherwise, we will see 395 or even 355 USD prices before it goes up again.
LEV2020-LEZ2020: Spread on Live CattleLEV2020-LEZ2020
Commodity Spread Trading is an advanced way to profit statistically from the differences that occur in the commodity futures market based on Contango or Backwardation situations.
These statistics are offered by online software and allow for amazing performance.
So far we have achieved the highest gains in relation to drawdowns with this way of trading,
Here we enter Short on the Live Cattle Spread buying the October Futures and selling the December Futures.
Happy Trading to All!
Long RICK based on rubber and rubbing seasonalityRCI Hospitality Holdings offers brick and mortar stores that provide adult entertainment goods and services. They also have branched out into the online world.
As you may or may not know, adult toys are trending and are made of different materials, latex and silicone being the most popular. Latex and its precursors are harvested best in raining seasons, which around the equator, is around summer time. Adult films and enjoying them are most popular during December, as verified by Google Trends. Therefore my thesis for this is longing now and selling in December.
This disregards the current state of the stock market, but we shall see. Correlation coefficient did not show strong signs of correlation.