Marks its extreme Oversold Levels. Will wait for triggers. There are some fat premium stocks that can be good for spread selling. As far as indices, Premium selling is not bad idea, essentially this would be a directional trade. Consider RTM (Reversion to the mean) i.e., The Momo Oscillator goes back to its mean. This is an indicator that someone will pack it...
This is how I do an analysis on every stock I look at. Here I am looking for a short term Bullish / Neutral position. Leg in with Spread for IC
John Carters TTM Wave, What is it? Nothing but a Bunch of MACD Histograms. I have seen on many paid video lessons, he recommends not to use MACD, because it is a derivative of two lagging indicator. Doesn't mean it is lagging. Ironically, his Wave indicators are exactly the MACD histogram. How did I guess the numbers, Recently, I was bored and i was watching a...
SMH is stronger than INTC and TSM. That is surprising. But when you drill down further, you can notice a lot of solar companies listed here. The Solar companies are part of TAN, Components of TAN are in XLE, Impact in Oil price affects XLE, so does, TAN. Similarly the strength. The recent strength in XLE with the OIL trading at around 50ish. Shower some hope for...
Illustrating Steve Primo Strategy # 5. He claims to be using this on Forex Pairs only. Follow the link for the Code.
New Indicator posted, Utilizing Momentum based indicators for picking the top and bottom in a swing. UCS_TOP & BOTTOM CANDLE -
This day time robbery never ends, He made so far 350 (People per webinar) * 2 (No of Webinars Held) * $297 (Per Person) = $207,900. There is another One to be held. Another $103,950 = $310k A quick note - $297 special price - The Indicator itself is $497 - WHO IN THIS WORLD WILL BUY? Trust me there are people looking eagerly for edge from indicators. They follow...
Make Sure no squeezes are forming in Intraday chart setup. 100% Symmetry Support / Sling Shot Entry. Watch for a TLT / ZB Reversal. Again Not betting it will make a new high, if it does, Thats BONUS.
Daily - Stretch (UCS - Momentum Oscillator). This pattern confirmation can push this atleast to the Symmetry Target / Projected Target. Active Position Management required for this play. 79.80 -79.60 for a low risk manageable entry.79.20 - 79.00 for Hard Stop.
Ideally like to buy on a PB. Could potentially breakout and run. Monitor the Sector with the Stock.
This is interesting, Explains the recent chops in the Market and Energy stocks. If this so called bottom in oil any good, then we should see some improvement in this sector, along with this HUGE sector, the market will get better. Apart from this chart - DIA - Broke out. MDY - Broke out. The next is SPY ? we shall see. ------- as a note to fellow traders,...
Missed a good premium seller trade. - Lesson don't forget to scan the market for technical setup, every day.......
Foreign Money flowing into Real Estate is not an uncommon behavior. Watch out - Trend is your friend... Many short term opportunities, yet to come. Long term - Not interested now.... If you own real estates - Get out before this investments withdraw funds.... Good luck.
Financials - Bullish Stretch (Oversold) This recent sell off was possibly due to the fact that the increase in interest rates were not announced by the FEDs. Gold Miner - Bearish Stretch (Overbought) This is a great example of violating co-relation with Dollar, we still had some co-relation to the Market. Like I said previously in a post - As Long as Oil is...
If it did - It willefy the history.
Sling Shot Long Setup - Look for Entry trigger.
Based on my plan, If anything Bullish trade from Tech, This will be my first choice