The S1TH is now at 74.25 % , however all three supportive indicators are still negative. As per the rules , at least 2 out 3 supportive indicators need to be positive before opening new positions, this system is still out of the market. cheers Algo
Apple had a monster quarter, and with the holidays season around the corner, I expect them to continue to do very well till the quarterly earning. The stock has great momentum and remains open. Cheers Algo
The SPY closed above it's 200 ma this month, so this trade remains open. Trade up 69.90 % since December 2012 ( dividend payments included) cheers Algo
The S1TH shoot back above 65 % this week. However , all three supportive indicators are still negative. Despite the rally , no new position should be open , as per the rules for this system. cheers Algo
The BoJ just announced the expansion of their "QE" from 60 trillions to 80 Trillion Yen. This is an unexpected move by the BoJ, as this announcement wasn't expected anytime this year. The Nikkei closed up 4.84 %, S&P 500 futures made a new all time high at 2016.75. I expect the SPY to make a new high at the open as well. What a week this has been for bulls....
The SPY has been closing above its 200 MA since January 2012. As of Friday close, this represent a 58.79% gain, including all dividend payments. But eventually, all good things must end ( for bulls anyway...). So far this month, the S&P is down 4.34% and trading below its 200 MA . Late this week, the bulls attempted to push the price above the 200 MA , but to no...
The futures are currently trading below its 200 ma, and the SPY will also be below its 200 MA pre-market tomorrow morning. I'm still waiting till the end of the month to confirm if the position is SPY should be closed or remain open. SPY trade as of Friday's close, up 60.53 % Since December 2012 ( dividend payment included) , 4.6 % YTD. Have a great trading week...
Last week the S1TH was still above 65 % line last week, however due to high volatility , and negative reading from two supportive indicators, i advised that this market wasn't "tradeable" ( not a word) or new position shouldn't be opened. fast forward to yesterday, the S1TH is well below 65 % ( 51.48),volatility so far for the month is 22.5 %. at this point , if...
the S1TH dipped below the 65 % line on Wednesday ,before closing above it again at 69.30% . However , two of the supportive indicators are negative. Also the volatility is EXTREMELY high, 19.5 % so far. When I first published this strategy three years back, I described it as a strategy for conservative investors. so due to the high volatility in the market...
This strategy finish the quarter with a positive return of 6.20 %. We are re-balancing the portfolio for the new Quarter starting tomorrow YTD return : 36.2 %. Cheers Algo
Gold price closed below its 10 month MA , so this trade is close with a loss Cheers Algo
SPY finishes the quarter up 1.23 % ( including all distribution payment). As expected September continues to be a volatile month for the markets( Volatility = 9.3% for Sept.). With earning season around the corner , I expect the same volatility for the month of October. The SPY continues to trade in a channel, and should stay within these limits ( we 'll see)....
The iPhone 6 and 6 + are finally out and Apple is selling them like candy . 10 million phones sold over the weekend. As I first indicated on my detailed analysis ( see link below) , iPhone 4 , and 4s represented about 48% of Iphone owners, most of them looking to upgrade there phones. New iPad and other products will be announced on Oct. 19th, just in time for...
Alibaba is trading, now we can get focus on something else. the S1TH jumped to 86 % from 73 %. All three supportive indicators are positive, so this market remains "tradeable". The the AK TREND ID indicator for the SPY, remains in the green zone ( see comment section). Cheers Algo
The week has been pretty volatile. SPX closed below 2000, and the VIX jumped to 14.27 before closing at 13.31. The S1TH lost 11 pts, going from 84 % to 73 %. Two out of three supportive indicators remains positive, so this market remains "tradeable" Interesting week ahead, things i will keep my eye on : - Scottish independence & GBP - Alibaba IPO & YHOO -...
Piper Jeffrey 's analyst Gene Munster release interesting data on AAPL price movement when the release a phone: Model Day of event Event to Launch Day of Lauch 3g -1.7 -5.0 1.6 3gs 0.0 -3.0 ...
Gold Price remains above it's 10 month MA. This trade remains open. Cheers Algo
The day is not over yet , but as of yesterday close, the SPY is up a nice 3.65 % for the month of August. It remains above it 's 200 MA, so this trade is still open. So far, this trade is up 67.84 % since Jan 2012. Summer is now over , and most big traders are leaving the Hamptons to head back to work next week. September and October are usually the most...