MGT Capital Investment why is this stock flying ? With over 85 million shares traded, it is the most active stock, ahead of Bank of America. This is another day in a stream of strong upward moves for the stock after the company announced on May 9 that it was naming John McAfee, founder of antivirus firm McAfee Security, as CEO and re-branding the firm John...
The SPX is above it's 200 MA , the AK _Trend ID is once again positive , but the S1TH5.17% index remains below 65 . Since we have confirmation from 2/3 signals , we are going long . Going long at these level may be uncomfortable, but we need to be as systematic as possible and keep our personal opinion and emotion on the side. I will try my best to update you...
- Gold is again above its 10 month MA. - ROC is above zero as well. In my opinion this is a strong buy signal. Read more about it here : [/url Cheers Algo
Despite the latest rally in oil, I'm not convince that this sell off is over . Analysts from Citi to BAC are screaming that oil would go as low as $20. I'm not that pessimistic , but I believe prices will go lower. Looking at this monthly chart , we can see that around ~ $40 acted as good support for oil. I believe oil will reach those level rather quickly . ...
Good Morning, I was in the chat this morning when a fellow member of TV (@MartyMcFly) brought up an interesting point about the DAX. the DAX and S&P 500 are highly correlated. SPX500 vs DAX At the end of the previous month, a BUY signal was generated on SPX 500 ( closed above its 10 month MA ) , but we didn't get the same signal on GER 30 ( DAX) SPX...
Just two months ago, a SELL signal was given and confirmed by my systems. September return was -2.54 % , but October was one the best trading month since 2011 with 8.51 % return . Because of this Huge momentum 2 out 3 systems gave a BUY signal. Let's take a closer look System 1 : SPY vs 200 ma This system has been very reliable for a long time. As you...
Inspired by Chris Moody CM_RSi (2) Indicator, here's the same strategy coded for back testing purposes. Have fun with it. Algokid.
System 1 : SPY vs 200 ma SPY is WAY below the 200 ma, no need to wait till the end of the month. System 2 : AK Trend ID The indicator called the TOP last Friday. System 3 : % of S&P 100 above their 200 MA For those of you who follow this system , you were out of the market since March ,2015 Conclusion : This is the top folks , and i'm all in...
KGI Securities, which is known for making the most accurate predictions for Apple products and quarterly result, published some bad news on AAPL this week . 1. KGI is now forecasting ZERO or negative growth of iPhone sales in Q4 2015. Basically saying that the upcoming iPhone 6s wont be good enough to grow apple phone business. 2. China weak economy will have...
- SPY currently below 200 MA , but need to stay there by the end of the month to close - S1TH ( S&P 100 stocks above 200 MA) is at 43 % , conservative investors should of been in cash since late March - the AK TREND ID is trending down, if below zero , this would indicate the end of this very lucrative bull market Hope everyone is having a great summer. :)...
For the first quarter of 2015, Apple announced revenue of $74.6 billion and net quarterly profit of $18 billion, on 74.5 million iPhone sales, 5.5 million Mac sales, and 21.4 million iPad sales. This was by far the best corporate earning in history. Apple will announce earning for the quarter ending March 31st, on April 27th. The overall result should be...
The SPY will end up with a positive return of approx. 1.5 % for the first quarter of 2015. The average volatility for the quarter has been 13.50 % , which is great for short term traders.The top topics for the next quarter remain the same : USD The USD is up more than 8 % this quarter. We saw a price correction after the FEDS announcement earlier this month . ...
The following trading system uses the rate of change (ROC) between equities and bonds to determine which asset to hold, basically , following the money. The rules are simple : 1. Calculate the 85 day ROC for SPY and TLT 2. If ROC (SPY) > ROC(TLT) --> Buy SPY 3. if ROC(SPY) buy TLT Backtest resutls I coded this in python , and here are the results...
If you been following my monthly updates on the SPY, you know that I've been long since 2012, and continue to be long at the moment. However the above chart kept me up all night this past weekend . This is the SPY adjusted with USD. It was brought to my attention by a good friend of mine. Looking at it , we can see that the ratio between the two has reached the...
AAPL is now worth over $700 Billion. The company had a record quarter ( understatement) thanks in part to sales of their iPhone 6 . The return on the stock this month is ~ 10.3 %. Apple will hold an event in a few weeks to introduce new products. You can expect more detail and official launch date for the Apple watch , Macbook air "2", and perhaps an 12.9"...
the SPY is having it's best month since October 2011 , when it finished with 10.30 % return. You can see that bounce from it's 200 ma at the beginning of month and never looked back. For next month , I believe this momentum will continue . SPY still above it's 200 ma, so the trade remains open. Return since signal (Jan 2012) : 79.07 % ( including all...
EEM is up 3.3 % YTD and believe the momentum will pick up over the next few month. This trade as a nice upside potential. My target is 45.50 , which is a resistance on the monthly chart, However , i'm willing to lose only 4 % if this trade doesn't work. Cheers Algo
Looks like the rally in TLT is over. We may see some support around 124 , but for the most part I believe this rally is over . Not sure how far down it will go however. Cheers Algo