BrandonBeylo

BrandonBeylo

In my continuing quest of using price action and TA to find opportunities in the futures markets, I search through each futures product each day to see what the weekly charts look like. When I stumbled upon Wheat Futures, I realized that Wheat was forming a perfect cup and handle pattern on the chart. This was honestly pretty sweet because it was the first time...

BrandonBeylo

Deep in my heart I am a contrarian. Whether its investing or anything else, usually I like to take the opposite side of the consensus. For this reason, I have been attracted to the Russian stock market for a couple of years. I'm a big reader of Jim Rogers, and I listen to any new YouTube video he appears, and he initially got me started in Russia in 2015. With...

BrandonBeylo

About a week or so ago, I published an idea about GILD hitting some serious support levels going back to mid to late 2014 - 2015. What I thought back then was that if GILD were able to hold on to that support level, even bounce around it without falling below it, I would enter a position in my paper account at that support level, and place my stop below the...

BrandonBeylo

This morning as I was running through my trend following screener, I found Harley Davidson. What I saw was not good. After reporting an extremely disappointing earnings seasons, HOG started its downfall yesterday. It's interesting because for the first time I'm shorting a company that emotionally I like. This is a good learning lesson. It is helping me remove...

BrandonBeylo

A couple weeks ago I expressed a bullish thesis on silver given the chart patterns, and if the charts acted the way I thought they would've if the underlying asset was truly bullish, we would've gone past the 18.50 level. However, at that level it appears to have created a double top over the course of two months. If it closes below it's 50 and 200 MA I will look...

BrandonBeylo

I haven't been too involved with Crude Oil, mainly because as I saw the trend moving up, I didn't enter when I wanted, and the last thing I wanted to do was chase a rally. So, I stood on the sidelines observing, see what my hypothetical entries and stops would've done. Looking at it now, I see a longer term wedge pattern forming in the weekly charts. Now, when I...

BrandonBeylo

I'll be the first to admit that I've been bearish on NFLX for a long time. Long enough to see my short opinion be ripped to shreds as NFLX share price climbed higher and higher. For those that have followed my ideas on US Equities, you know that I am not a fan of highly leveraged balance sheets. Well, NFLX is no exception. NFLX Cash to Debt Ratio is 0.52, and...

BrandonBeylo

Gilead Sciences is a deep value play, along the likes of a Joel Greenblatt "Magic Formula" stock. Around September I expressed a bullish interest in GILD given its fundamentals and its valuation. During that time, GILD traded at $73. Since I expressed a long interest, the stock has done nothing but decline. Looking back on my initial bullish opinion, I didn't take...

BrandonBeylo

Baidu is forming a wedge pattern on its weekly chart, and with earnings coming out on April 27th, right now seems to be an inflection point in the change of the price of BIDU. If earnings come out great, beating expectations, one may see BIDU's stock surge out of its wedge resistance price of $187, during that point, I would put in a long position with a stop...

BrandonBeylo

In my quest to better understand trend following and TA, I am embarking on publishing more ideas with strict regard to TA first, followed by fundamentals. I am doing this because I usually do the reverse. Normally I will look at a company that I believe is undervalued or overvalued, and then I will look to the charts to see when a setup could be had. This time is...

BrandonBeylo

I believe this is my first post about Corn Futures, so let's see how this goes! Daily charts so that corn futures are trading within a channel, with resistance being the 50 MA and the support line being the 200 MA and the price support level of 356. Corn Futures shot up today above both the 50 MA and the resistance portion of the channel in which they were...

BrandonBeylo

Still trying to find my way through TA and trend following, I chose to scrutinize a company that I picked to be in my portfolio at my internship. Back in October, I looked at FDX for a long position to fill out a portfolio of blue chip dividend paying stocks for a model client portfolio. As luck would have it, the stock then rose from $170 to $200. I was happy...

BrandonBeylo

Looking at the DOW Jones Futures, I noticed a consolidation pattern forming. YM1! has been consolidating for the last two weeks or so, and it's next move in either direction will be a swift and powerful one. Introspectively, I am bearish on US Equities for a platitude of reasons, but I have to remain unaffected by my own personal opinions, and keep them strongly...

BrandonBeylo

Copper Futures are flirting with their support level at 2.5775, so today I'm watching to see if they break that support line, and more importantly, I will look to see what happens Thursday to see if there is confirmation of the trend. We could just as easily see Copper fall below the support line, just to bounce right back up on a false breakdown. That's why I...

BrandonBeylo

Looking at the charts for Lumber Futures, I was originally upset that I missed the absolutely insane rally in Lumber going back to the start of 2016. However, no use in getting pissed about the past, let's focus on the present. Lumber just formed a double top with price around 400 going back to 2013. I am waiting for confirmation of a bearish reaction to the...

BrandonBeylo

Michael Kors (KORS) is a company that has been on my radar for a good quarter. Ever since the retail apocalypse, many retail stocks continue to pop up on my screens in my search for deep value. KORS is an interesting play, and I will have a detailed write up on it on my investing blog (rockvuecapital.wordpress.com) within the week. But for now, lets look at the...

BrandonBeylo

Looking at the 1D chart for Natural Gas Futures, right about now you can see the formation of a head and shoulders. The left shoulder and the head are already formed, now it's just a matter of seeing where the right shoulder goes. I remain neutral on this setup because I am waiting on an inflection movement either up or down. If it breaks the resistance from the...

BrandonBeylo

After breaching it's 200 MA in early April, Silver Futures have gone from 18.10 to 18.24. Looking at the weekly charts for SI1!, you can see a head and shoulders pattern in the chart. Now, a key resistance line for this price is around 18.35 - 18.40. If it can break this, it gives even more weight to the probability of a longer term bullish trend. In terms of...