Category: Investing
QQQs have moved up. Stock Market rally continues
The stock chart of the QQQ is courtesy of finviz.com.
Note that the price move up above the 200 Day Moving Average. Note also, that the 20 day MA seems to have bottomed and looks to be starting to curl back up. When the price sits between the 200 Day MA and the 50 Day MA it could break up above the 50 Day MA. I suspect that the price will now sit between the 50 Day MA and the 200 Day MA
The rise IMHO is not the result of non professional stock traders. It takes deep pockets to move the market so rapidly. Note also that a ” W” shape has formed which IMHO is a bullish sign. All this points to a market bottom having been established??? If so I’m surprised and shocked at this turn around.
One idea that has crossed my mind is that if the stock markets stay down then the sitting US president will likely not get re-elected. That would mean the potential for future taxes on the wealthy instead of further Tax Breaks. If the US Stock Market goes back near or above the prior Highs, then the sitting president will very likely get re-elected. Those who can protect themselves, will. It is just strange to see this, as this is vastly different stock market behaviour say compared to 2007 and 2008. Back then the rally back up started around 2009.
I got interested in the QQQ ETF because there are Options available. With one low cost option, I can control 100 shares of the QQQ. I caught the drop around Apr 01 via a QQQ PUT Option trade.
| DATE | TRADE TYPE | SYMBOL | QUANTITY | TARGET PRICE | PRICE | COMMISSION | TOTAL CASH VALUE | |
|---|---|---|---|---|---|---|---|---|
| 4/2/2020 9:57 AM | Option: Sell to Close at Market Open | QQQ2003P190 (QQQ 190 – Fri 2020) | 10 | $7.92 | $19.50 | $7,900.50 | ||
| 4/1/2020 10:00 AM | Option: Buy to Open at Market | QQQ2003P190 (QQQ 190 – Fri 2020) | 10 | $6.46 | $19.50 | $6,479.50 |
I have not played the rally but I hope that this rally back up continues…
This post is for my educational purposes. Please seek out the advice of your own professional Investment Advisor before placing any bets at the Stock Market Casinos. You can lose money playing the Stock Market, even all of it.
Order filled for 10,000 shares of RIG on the NYSE at $7.60 per share
Buy order for 10,000 shares of RIG (Transocean Ltd) on the NYSE was filled at $7.60 per share.
Disclaimer: This post is not meant as Investment Advice, nor is it advice to buy or sell any shares in any company.. Do your own Due Diligence. Seek out the advice of your own financial and investment advisors before risking any funds in the Stock or Futures Markets. You can lose money and even all of it when investing at the Stock Market Casinos. This post is for my own educational purposes.
Posted by Vincent Banial
Buy order filled – 10,000 Shares of ECA Encana Corp on NYSE at $6.44 ea
Order filled at 9.31am on NYSE. Bought 10,000 shares of ECA Enacna Corp today at $6,44 per share.
Posted by: Vincent Banial
Buying 10,000 shares of ECA (Encana Corp) on the NYSE tomorrow May 02 at Open at Market
Another Technical trade, based on CCI and confirmed by RSI. Because the price of this stock is under $10, I cannot buy 1 Million Shares. Even an order for 100,000 shares would have some issues. 10K should get filled quickly and easily. I believe that I am a bit early on the buy, as Friday morning might confirm what I expect will happen. I had waited too long to get into the PINS IPO as I did not expect the share price keep rising day after day without any consolidation (at least not till I bought in).
Buying 10,000 shares of ECA (Encana Corp) trading on the NYSE at Open on May 02 at Market.
https://stockcharts.com/freecharts/gallery.html?ECA
My Target to sell will be around $8.35 as Resistance is around $8.50. The Gap Down which was created Nov 01 2018 could get filled and the price could float higher around $10 before taking a longer rest.
Disclaimer: This post is not meant as Investment Advice. Do your own Due Diligence. Seek out the advice of your own financial and Investment Advisors before risking any funds in the Stock or Futures Markets. You can lose money and possibly all of it. This post is for my own educational purposes.
Posted By Vincent Banial
Order Fills
TWTR – 1,000,000 shares at $39.30 per share – filled
AAN – 1,000 shares at $58.00 per share – filled
MTP – 1,000,000 shares at $3.60 per share – filled
PINS – 1,000,000 shares at $34.81 per share – filled
NVDA – 10,000 shares at $178.75 per share – filled
MTP is a foreign BioTech – an ADR – long term this should work out. Short Term loser – went below $2.00 today. Will hold for long term.
Interesting the difference between low price and high priced share performance coming off a Breakout Gap (except PINS which is a IPO and NVDA which was based on the CCI and Woddies CCI).
Disclaimer: This post is not meant as Investment Advice, nor is it advice to buy or sell any shares in any company. Do your own Due Diligence. Seek out the advice of your own financial and investment advisors before risking any funds in the Stock or Futures Markets. You can lose money and even all of it when investing at the Stock Market Casinos. This post is for my own educational purposes.
Posted by Vincent Banial
Buy order for 10,000 shares of NVDA filled at $178.75 per share Apr 30
Buy order for 10,000 shares of NVDA NVIDIA Corporation on Nasdaq filled at $178.75 per share Apr 30.
Post by Vincent Banial
PINS filled @ $34.81. Unable to buy AIRI – no volume. AIRI order canceled
PINS filled @ $34.81. Unable to buy AIRI – no volume. AIRI order canceled.
Posted by Vincent Banial
Buying 10,000 shares of AIRI ( Air Industries Group) on AMEX at market Open Apr 30
Buying 10,000 shares of AIRI ( Air Industries Group) on AMEX today (Apr 30) at Market Open with an at Market Buy order. I would love to be able to buy more shares but the trading voume would probably not allow it. This company is apparently into Aerospace/Defense Products & Services
Why?
Stock is starting to form a “W”. IMHO a “W” formation points to a “WINNER”.
Stock chart of AIRI trading on AMEX. Chart courtesy of www.tradingview.com
Disclaimer: This post is not meant as Investment Advice, nor is it advice to buy or sell any shares in any company.. Do your own Due Diligence. Seek out the advice of your own financial and investment advisors before risking any funds in the Stock or Futures Markets. You can lose money and even all of it when investing at the Stock Market Casinos. This post is for my own educational purposes.
Posted by Vincent Banial
Next week I will try to buy 1,000 shares of HELE (Helen of Troy Limited) on Nasdaq at $135.50
Will try to buy 1,000 shares of HELE (Helen of Troy Limited) on Nasdaq at $135.50. It was trading a bit above $139.00 all Friday and closed a bit higher than that. I tried getting filled on Friday, but did not. I will try again next week. $135 is the Support level. Price should consolidate for a few days next week. If I get 1,000 shares at 135.50 per share, then will likely sell at $144.40.
From the latest Earnings Call Conference on April 26 : “This quarter caps great full year results. Net sales for the full fiscal year 2019 grew 5.8%. Leadership Brands grew 8.9%. Online sales grew approximately 28%, and adjusted diluted EPS grew 11.3%“
HELE (Helen of Troy Limited) on Nasdaq. Chart Courtesy of www.tradingview.com
Disclaimer: I am not an registered Stock Analyst nor a licensed Stock Advisor. This post is not a suggestion for anyone to buy anything. Please seek the advice of your own licensed Investment Advisor before placing bets at the Stock Market Casinos. You can lose money – even all of it. This post is for my own educational purposes…
Posted by Vincent Banial
Inverted Yield Curve indicates that a Recession is coming!
An Inverted Yield Curve has historically been a reliable signal that a Recession is on its way! You get an Inverted Yield Curve when short-term yields are higher than longer-term yields.
The Dow Index dropped over 460 points today Fri Mar 22 2019. The S&P Index fell 1.9% and the Nasdaq dropped 2.5%. The Russell 200 fell over 3.6%.
Click on this link to visit the Nasdaq website and view the Stock Market Indices.
Video is courtesy of The Money GPS YouTube channel
A drop in the Stock Markets on a Friday
is NOT A GOOD THING!
Why?
People will have Sat and Sun to get worried. When Investors get worried they tend to Sell. I believe that Monday Mar 25 will be another down day in the Stock Markets.
Next Monday’s drops should be greater than today’s drops.
Click on this link to visit the CNBC website to read their news article titled “Dow drops more than 450 points, S&P 500 posts worst day since January amid global growth worries“.
Posted by: Vincent Banial
Aurora Cannabis order for 1 million shares filled at open Dec 29 at $9.25 per share
Update: 1 Million shares of ACB Aurora Cannabis Inc filled at open Dec 29 at $9.25 per share.
IMHO this stock should Gap up when the markets open after New Years. Nice moves on a Friday before a Holiday, often are pre-cursors to nice moves when the markets reopen.
This post is not meant to be any kind of investment advice. Please do your own Due Diligence and speak to your own Licensed Financial Advisor beofre placing any bets at the Stockl markat casinos. You can lose money, possibly all of it.
Aurora Cannabis Inc breaking out on the Toronto Stock Exchange
On Dec 29 I will purchase one million shares of ACB (Aurora Cannabis Inc) at the open price for our Test Portfolio.
On Dec 28 the price closed at $8.94 per share.
My Sell Stop will be at $8.50
Risk will be $0.44 per share. Target Sell price IMHO could hit $14 per share. Risk vs Reward in my opinion is interesting.
This post is not Investment Advice to buy shares of Aurora Cannabis Inc on the Toronto Stock Excahnge or on Nasdaq. Do your own Due Diligence and speak to your own investment advisor before placing any bets at the Stock Market Casinos. You could lose money, possibly all of it.
Stock chart courtesy of the Toronto Stock Exchange at https://web.tmxmoney.com
50% to 60% Market Correction was discussed by John Hussman who had called the Tech Crash of 2000. Watch your Sell Stops.
Posted by: Vincent Banial
Heads Up.
Watch your Sell Stops.
Talk about a 50% to 60% (or more)
Stock Market Correction (CRASH).
Back in Jan 2017 the Huffington Post ran an article in which Robert Shiller discussed the similarity between President Trump and past U.S. President Calvin Coolidge. After President Coolidge left the Oval Office, the1929 Market Crash happened.
Fortune has now posted an article about John Hussman which was titled: “Famed Investor Predicts Historic Market Drop“.
Video is courtesy of the Tip TV Finance YouTube channel
Click on this link to read a prior post by John Hussman titled “Estimating the Risk of a Market Crash.”
Click on this link to read the latest post by John Hussman where he details that there could be a U.S. Stock market Correction in the order of a 50% to 60% (last paragraph).
Click on this link to visit the Wikipedia page about the 1929 Stock Market Crash.
Disclaimer: The above post does not provide Investment Advice. Speak to your own Investment Advisor before placing any bets in the Stock Markets. Do Your Own DUE DILIGENCE. The above post is for entertainment purposes only.
When the Sunspot Cycle peaks, so could the stock market based on the Dow30 index
This is one way to possibly forecast how the US Stock Market (Dow 30 Index) could be doing. Check a Historical DOW30 Index chart to see when the Peaks occurred. Then check the Sunspot Cycle chart below.
Sunspot chart is courtesy of our friends at NASA at the Marshall Space Flight Center.
Click on this Link to display a Historic Chart of the DOW30 Index courtesy of the Stockcharts.com site (sorry but can’t get the embed code to auto display).
Sunspots run in cycles and In My Opinion so does the US Stock Market (your mileage may of course differ).
Posted by: Vincent Banial
http://www.uniquelytoronto.com
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell the DOW30 Index or any other stock. The above post is for Entertainment purposes only.
USA TODAY: “Market crash robs $2.3T from investors”
They have dropped the price of Crude Oil to help bolster Western economies. Had the price of Oil not dropped, then IMHO we would have had a major Stock market Crash last year – 1929 style. Thankfully we have not “Yet” had a Stock Market Crash.
The US employment figures are a figment of the Government’s Imagination. There are record numbers of Americans (over 94 Million) who “stopped” looking for work. Why? Because they could NOT find any….
A new article posted by USA Today, goes into some detail of the stocks which fell in price.
I just hope that they can continue to drop the price of Crude Oil. That is the only thing which in my opinion is propping everything up.
Posted by: Vincent Banial
http://www.uniquelytoronto.com
Disclaimer: Any Trademarks mentioned in this post are owned by the respective Trademark owner. There could be unintentional errors or omissions in this post. Always refer to the official sites to confirm details and any ongoing changes or updates. This post is subject to change without notice./em>
Chicago Tribune article “Spoofing trial to shine light on secret world of high-frequency trading”
A-Z of Dance. Fantastic video directed by Jacob Sutton for i-D fashion magazine and DIESEL jeans
Visiting the Dancing Astronaut Facebook page, I watched a neat video which they had posted May 02 2015, on their Timeline.
So I did some research and found the source video. It’s title was “A-Z of Dance“. This video had been directed by Jacob Sutton and was produced for i-D fashion magazine and DIESEL – the Italian Jeans manufacturer.
DIESEL is a wonderful story about Renzo Rosso ( an Italian farmers son) who had a great idea. Click on this line to read the typicaly superb Forbes article titled: “Blue Jean Billionaire: Inside Diesel, Renzo Rosso’s $3 Billion Fashion Empire”. Yes, from farmers son to a member of the Billionaires Club.
Video is courtesy of the DIESEL YouTube channel
Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com
Disclaimer: Any Trademarks mentioned in this post are owned by the respective Trademark owner. There could be unintentional errors or omissions in this post. Always refer to the official sites to confirm details and any ongoing changes or updates. This post is subject to change without notice.
Updates on my trading CSCO and FEYE have been posted in our prior post
Sorry. I will do better next time with having separate posts for Updates.
Updates to my trading CSCO and FEYE have been posted at the bottom of the prior post. Just click on this line to get you to that prior post.
An interesting lesson occurred.The FEYE stock price reversed and hit my Sell Stop last Friday. Today (Mon Apr 20) FEYE reversed and rose back up again, rather nicely. It closed on Apr 20 2015 at $42.43.
I have found that sticking to one’s Sell Stop allows one to stay in the game. Yes, I suffered a small loss by selling. Next time a Sell Stop may save me from a huge loss. You cannot win at this game without having losing trades.
Okay, where the heck did I put that bottle of Bourbon…
Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.
FEYE and CSCO trades, new Sell Stops
The new Sell Stop for FEYE will be the Low which occurred on Apr 14. FEYE Sell Stop is now $40.81. If the prices falls to or below $40.81 the Sell Stop becomes a Market Order and the 1,000 shares of FEYE would be sold off. Sell Stops can protect you against a big loss. So far the FEYE trade has not done well. We’re still in the game until the Sell Stop gets hit.
The new Sell Stop for CSCO will again be the Low which occurred on Apr 14.
CSCO Sell Stop is now $27.68. If the prices falls to or below $27.68 the Sell Stop becomes a Market Order and the 1,000 shares of CSCO would be sold off. Sell Stops can protect you against a big loss.
So far the CSCO trade looks good. It has hit a Resistance Level, but the trading volume has held steady. If it can fill the Gap which was created on Fen 12 2015, by hitting the price of $28.84 or higher, that will bode well for a further rise. The Feb 12 Low of $28.84 looks to be the next Resistance Level for CSCO.
UPDATE Apr 17 8PM :
FEYE Sell Stop got hit today. Sold 1000 shares at $40.81. First loss, of many to come…
UPDATE Apr 20 11:30PM:
Guess what FEYE closed today at $42.43. I may get back in, but usually do not play the same stock for fear of trying to get even. I’m not upset since I strictly followed selling once the Sell Stop got hit. In the long term doing so will pay off, as it has in the past.
Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.
CSCO and FEYE trades on April 13, for our Imaginary Trading Portfolio
On Apr 13 2015 FireEye FEYE opened at $42.69 per share.
So our Imaginary Trading Portfolio purchased 1,000 shares each of CSCO and FEYE.
Purchased CSCO 1,000 shares = $27,990.00 + $25 Brokerage Fee.
Purchased FEYE 1,000 shares = $42,690.00 + $25 Brokerage Fee.
Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.
CSCO and FEYE breaking out? Setting up an imaginary portfolio to trade
For our new imaginary portfolio I will buy 1,000 shares each of CSCO and FEYE on Nasdaq at open on Monday Apr 13. I will use the official “Open” price.
Investing and Trading is something that I’m considering getting back into.
The number 13 is supposedly “unlucky”, so we’ll see how these trades will work out. They both will be swing trades.
I’ll try and post charts tomorrow night. It’s half past midnight (AM) right now on Apr 13 2015
Posted by: Vincent Banial for Uniquely Toronto
http://www.uniquelytoronto.com
Disclaimer: The above is not meant as Financial or Investment advice. I am not a registered Financial or Investment advisor. Do your own Due Diligence. Always seek out the advice from your own Financial and Investment Professionals before placing any bets at the Financial Markets casinos called the Stock Market. You can lose money, possibly all of it, when buying and selling or trading stocks. The above is not a recommendation to buy or sell CSCO or FEYE or any other stock. The above post is for Entertainment purposes only.
US Jobless Report for Mar 2015 could be giving a Heads Up to a potential Stock Market Crash later in 2015
New Economic Indicator Revealed, which shows that the Recession is finally over
It’s true. The Recession must be over. I saw the proof with my own eyes earlier this week.
What proof was that? Continue reading
Is the American Dream an Illusion?
Gregory Clark, a UC Davis Economics Prof., recently put together an article on the Foreign Affairs site where he posits that your parents and grandparents social status in society determines your eventual social status level and also that of your kids.
Video is courtesy of The RSA YouTube Channel
Numbers do not lie, but their interpretation can vary. There can often be outliers to any data set. For example, Steve Jobs of Apple fame rise to Billionaire status, readily comes to mind.
I also believe that access to higher levels of education can dramatically change the level to which one can rise on the Social Status ladder. Higher levels of education also allow one to network with other students who come from far wealthier families.
But I believe that Gregory Clark may have an important point and that his data set could very well be proof that the so called American Dream is in fact just an illusion for the vast majority of citizenry. I also think that this applies to most other western countries, including Canada…
Posted by: Vincent Banial
Disclaimer: Any Trademarks mentioned in this post are owned by the respective Trademark owner. There could be unintentional errors or omissions in this post. Always refer to the official sites to confirm details and any ongoing changes or updates. This post is subject to change without notice.
Could the price of oil rise to $300 per barrel?
This post was moved to our other blog. To read the post please click on the following link: Could the price of oil rise to $300 per barrel? now posted on our Zenfolio blog.
Uniquely Toronto 