Palladium is one of the most interesting niche long ideas that I've been following for some time. This rare metal has appreciated 3-4x in a very short period of time. That is pretty wild, given that it is a commodity that has always existed on Earth. While there are certainly gov't related supply controls, demand is skyrocketing due to its extremely limited...
This is the essence of piggishness. Change sides and ride the wave. This thing can really jet, so get in soon. NASDAQ:ROKU
This week is a perfect warning shot for similar rogue sell-offs to come in the near future. During such times, it is always good to have a default short play in your back pocket. The price action on this chart is so symmetrical that the probability of downward pattern completion is much higher than it would otherwise be. So far, the pattern has maintained its...
SPCFD:SPX CBOE:VIX I know, I know, I'm presenting yet another obvious finding suggesting problems with volatility in today's market. This will be my last post on the subject and then I leave the rest to the higher powers that be. No more volatility-speak until the next currency/credit crisis, I promise. In the paragraphs below, I am going to do my darndest...
You're a hero and have a ton of questions for you. AMEX:UVXY TVC:VIX TVC:SPX
This is a complex play that involves a lot of risk and the use of options on both ETFs and Stocks. Goal: Capture the apparent sector rotation activity between Biotechnology and Specialty Retail. I have been waiting quite some time for these two sectors to start playing out the way they ought to, based on earnings across the board and common sense. I see LULU's...
Assuming these counts are correct, then there is a very good chance that we are just finishing up Wave II. (sub-e.) of the current cycle. Without the macro view, this week's price action looks aimless. TVC:SPX CURRENCYCOM:US500
The VIX, VX Futures, and their derivatives are interesting because they all: a) theoretically lag the S&P but sometimes don't, which is troublesome b) serve as excellent S&P trend confirmation c) are key and highly misunderstood mechanisms within the broader market fabric d) are based on revised logic that assigns a number to "volatility" based on the...
Price Target is based on the number of invisible dollars added to the money supply, times 1.618, of course. TVC:SPX
Sorry bearish folk, today's close was as unnatural as they come. Not sure why I was surprised by it though.. TVC:SPX
Seems to be breaking out of a long term and well-established wedge for a Wave III. extension. Like most other eminent tech names, this one is set for glory. Additional tailwinds include temporary sector rotation, other big-name software ER reports that could offer NVDA tertiary exposure and the fact that I've only seen a few companies that can run like NVDA on...
See disclaimer before risking actual money. TVC:SPX
NASDAQ:AMZN AMZN's last earnings report is nothing short of unbelievable, in my opinion. How does the world's greatest growth-turned-cash-cow crank out revenue numbers like 40%? The answer is partially the virus, but more importantly, AWS is exploding. I'm not going to sell you on Amazon because it's Amazon (the potential GOAT of stocks). What I am suggesting...
Strike: 77.50 Expiration: 6/19/2020 Number of Calls: Too Many Number of Puts: 20% of Too Many NASDAQ:CERN
Curious why there's a hold-up? It's S&P volatility, once again. It is weird though; don't see much "volatility" at all. What I have seen many times throughout this rally is that VX futures hold back the market from moving, and it is both strange and boring to watch. Seems Fibonacci exists everywhere, especially in the Vix-ish domain. The idea that the cross...
Hindsight Pig-Peg's are not as impressive as foresight Pig-Pegs. Even incorrect foresight Pig-Pegs (see all prior Pig-Pegs) are more impressive than anything made in hindsight. Why do this then? Because I think it may provide crucial information for future market rallies. Broadly speaking, this may also offer some insight into the true nature of reversals, and...
I'm a cheap pig and refuse to pay extra for three charts. I guess that's how they get you? Anyways, seems that DJI lags SP by a day, and NSDQ leads both by over a week. Don't think NSDQ will clear new highs until DJI catches up and closes the last major gap. Should be tomorrow, so don't give up hope. SPCFD:SPX DJCFD:DJI NASDAQ:NDX
Another great entry point for NASDAQ:NBIX . This time I think it breaks out over 130. Healthcare turning...