Category: stock market
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.
This morning’s trading in APHA – Aphria Inc
APHA started up today and then reversed. Look at the chart in my prior post. The price hit the upper Bollinger Band today. Many traders buy when the price hits or goes below the Lower Bollinger Band and then they sell (Mean Reversion) when the price hits the middle of the two bands or when then price hits the Upper Bollinger Band. Since I’m not Day Trading this, it’s not an issue. I figure then support is at $7.35 (Friday’s close)and then we’ll have a bounce back up.
Oh yea, a shout out goes to the Stocktwits.com website. One of the good folks from that site linked to my post and we’ve had a number of visitors. Thank You “exHawaiian” for mentioning my post.
Click on this link to visit the StockTwits.com website to view their discussion about APHA.
Click on this link to visit Nasdaq.com to view their real time chart of the trading of APHA so far today. I note that as the stock price retraced back down the volume went down. at 10:21AM it hit it’s low of $7.40 and bounced up. At 10:36AM is came back to retested the low at $7.40. at 10:39AM is touched $7.36. There’s a old saying: “Gaps get filled”. At 10:46AM the opening gap got filled as the stock price of APHA hit $7.35. At 10:51 it touched $7.27. The middle of the Bollinger bands is around $6.97-$6.98. The Shorts this morning could hold out to that level since support was broken at $7.35. But then again this is a Swing Trade and not a Day Trade for me. The only way for me to see if the “After Work” Swing Trading ideas work is to test them and not switch into Day Trading mode.
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
Buying 1,000 shares of APHA at Open May 28 on NYSE at Market
I have been taking time lately to work on my “After Work” Swing Trading system. One that I don’t have to monitor the market every minute as with Day Trading. This way I can go to work and not worry. When I return home I can then check to see what’s happening and post the Buy or Sell orders for the next day as needed. I normally trade regular market hours.
My attraction for Price Gap Ups has to be curtailed. Gaps come back and fill, this month has shown me – yet again. Also Investing for the long term bugs me, as you have to absorb price drops and not sell. The month of May showed me how painful that can be. In the long term (as in years), I’m of the opinion that it will work out, but short term those price drops are painful to watch and sit tight.
My new “after work” system is based on tried and true work done by others. I use the 2 Period RSI – yes 2 period. Because the RSI does not take volume into account, I also include a 4 period Money Flow Index. Why? Drawing trend lines on the MFI can give me insight into the stock trend. For example MFI(4) is making lower lows, while the RSI(2) is indicating a potential trade. Ya the trade could work for say one day and come back because the trend is not going up as per the MFI. I also add Stochastics, Williams%R and On Balance Volume. Those added Indicators can help indicate whether the stock price in trading in a channel. Could help in the future if I decide to trade Channels, but not at this time.
The price chart has the EMA(4) and EMA(9) plotted. Bollinger Bands are also added. For me it could be a buy when the price closes above the EMA(4) and Sell when it closes Below the EMA(9). With Bollinger Bands, could be a buy the next day when the price closes down below the lower Bollinger Band. Could be a sell when the price goes above the EMA(4), or wait a bit more if it might go above the EMA(9).
Individually some of the stuff mentioned is used in trading systems by others. Just check YouTube.com and you’ll find an amazing amount of info. For me, each thing on the chart gives me some insight that maybe the other things could not. The Trigger to get my attention will be the RSI(2).
Based on this new “After Work” Swing Trading System I will be buying 1,000 shares of APHA (Aphria Inc) at Open on May 28 on NYSE. APHA is a Cannabis stock. I was searching for something on the Web and noted that APHA was being plugged on one website as a great Pot Stock. I did not read the article, but did chart the stock. The pop on Friday could be due to the it being plugged on the WEB – just my opinion that such may be why. My chart “in my opinion” shows a Breakout. This will be checked in the evenings, “after work”. Will not bother checking during the day time, during market hours.
Stock Chart of APHA – Aphria Inc. Chart created by AmiBroker
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
Order Fills AKS 10K at $2.49 ea and 1K of OOMA at $13.41 ea
Buy order filled for 10,000 AKS shares at $2.49 each.
Buy order filled for 1,000 OOMA shares at $13.41 ea.
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
Sold 10,000 shares of NVDA on Nasdq at $182.38
Sold 10,000 shares of NVDA (NVidia Corp) on Nasdaq at $182.38. Was posted to our Uniquely Toronto Facebook page at https://www.facebook.com/UniquelyToronto/.
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
Buying 10,000 shares of RIG (Transocean Ltd) on NYSE on May 03 at Open at Market
A new Technical Trade. I’m stepping back from the Morning Gap trades and going beack to Technical Trades. Tomorrow I will buy 10,000 shares of RIG (Transocean Ltd) on the NYSE at Open at Market on May 03. All my trades are “all or none”.
I don’t think a Million share buy would get filled. also if the stock price is cheap – ie under say $10 per share then I’m sticking to either buys of 1,000 or 10,000 shares. Large volume buys help grow capital Gains but are frustrating because they it is hard to get filled. Then if I want to dump, it could backfire on me as getting fills could be an issue. 1 K or 10K should be fine.
Stock chart of RIG (Transocean Ltd) on NYSE. Chart courtesy of www.tradingview.com Buy was triggered by CCI and Woodies CCI and confirmed by RSI. On Aug 21 2017 the stock bottomed at this same level. Normally the price has been above the current price range. Hence I am of the opinion that the price has again bottomed and it is time to buy. This is longer term hold (might be a swing trade or longer – it is not quick flip type of trade).
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.
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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
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
Buying 10,000 shares of NVDA (NVidia Corp) on Nasdaq at Open at Market on Apr 30
NVidia sells well respected High Performance Video Cards for Personal Computers. They are also involved in super high performance computer centers (Super Computers) and also Cloud Gaming Servers.
This will be a Technical Buy based on the CCI and Woodies CCI. Have placed a Market Order to buy 10,000 shares of NVDA (NVidia Corp) on Nasdaq at Official Market Open on Apr 30. I do not do off hours trading. Wish I could afford to buy 1 Million shares of NVDA
NVDA – NVidia Corp on Nasdaq. Chart courtesy of www.tradingview.com
Resistance between $185 and $190. Target to sell at $205 once the initial Resistance is broken. This will be a short Term Swing Trade of roughly about a month.
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
Buying 1 Million Shares of PINS (Pinterest Inc) on the NYSE at open tomorrow Apr 30
Shares of PINS will be added to the regular portfolio. I will buy 1 Million shares of PINS (Pinterest Inc) on the NYSE at open tomorrow Apr 30.
The Pinterest IPO came out 7 days ago.
PINS share prices have risen each and every day since. The trading volume increased today.
PINS-Pinterest Inc on the NYSE. Chart is courtesy of http://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
Low Priced Breakput stocks from last week. SCKT on Nasdaq (Socket Mobile, Inc.) and AKTX on Nasdaq (Akari Therapeutics, Plc).
Tried to buy 10,000 shares on Apr 26 of SCKT on Nasdaq (Socket Mobile, Inc.) at open tomorrow at fixed offer of $2.35 per share which was the close on Apr 25.
Why?
Triangle Breakout upwards. Their Gross Margin is over 50% for the Mobile Scanners they sell. Good luck making that kind of gross margin selling Computer Tech gear. I don’t think that Apple make over 50% gross margin. Small company turned a profit last quarter versus a loss previously. sat at the $2 barrier for a while. Now $2 is a nice support area. Target – potential Double…
Why?
They have had positive Phase 2 Medical Study Coversin Trial Results. Today the stock price Gapped Up on a high volume increase. The price came back down at the end of the regular trading day but still gapped up overall. Since the target is $6.00 I’ll set a sell stop at $5.75 to $5.90, just under the potential target.
Did not get filled. Not enough volume for 1 Million Share order. I still think it’s a nice breakout stock.
https://finance.yahoo.com/quote/AKTX/chart…
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
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
Purchased 1 Million Shares of Twitter Inc (ticker TWTR on Nasdaq) this week.
I had posted this trade to our Uniquely Toronto Facebook page earlier this week. Am now brining that post to this site. Earlier this week I had purchased 1 Million shares of Twitter Inc on the NASDAQ exchange.
I am also going to split up the trading into two different portfolios. The reason for that is Low Priced shares of rather unknown companies can be a good vehicle for trading. My problem has been that you cannot get large quantity orders filled because their trading volume is too low. That situation could also come back and bite one, when they try to sell or quickly Dump a large number of shares. For example the 1 Million shares of Twitter was no problem to get filled. When I want to sell, it will also not be an issue. I’ll post the other stocks that I had posted about on our Facebook page.
So we’ll have the Regular Portfolio and we’ll have a New Trader Portfolio. The Twitter Trade is part of the Regular Portfolio. The low price shares will go into the New Trader Portfolio. This way I can pick up 1,000 shares without issue. One thing which I had picked up on and is my opinion that the more shares that you can buy, the higher your Potential capital Gains can be – and yes the Higher that your capital Losses can be. IMHO high priced stocks are not as volatile as their low cost cousins.
Ok back to Twitter. Twitter released their latest Quarterly result which beat street estimates. Fundamentals look great. The price had Gapped up – positive Technical sign especially when the price is in an extended Up Trend. So I bought One Million shares of TWTR on Nasdaq for an average cost of $39.30 per share.
Note the Low made on July 24 2018 at $41.59. That is my initial Target. There is greater resistance just above at $42.50 – another target would be just below that, say at $42.40. If the price fills that prior gap made on June 11 2018 then the next major resistance is at $45.00. The High Made on July 09 2018 at $46.90 is the next Target. IMHO in time the price of TWTR could break above that prior High. The next resistance would at $50.00, so I would sell at say $49.40. IMHO TWTR has nice potential for a nice Capital Gain over a bit of longer term. This was not bought for Day Trading or Swing Trading. This was bought to try and capture the Capital Gains under the “Investment” clause of the Tax act and so I would get 50% of the Capital Gain TAX FREE (in Canada).
After a Gap Up, a stock price will consolidate for a few days before continuing on it Up Trend. The price usually create a flag or pennant formation before moving up higher again. It’s just a matter to patiently wait…
Twitter Stock Chart courtesy of http://www.tradingview.com
The following is what I had posted on FB on Apr 23 at 10:02 pm:
“Buying a million shares of Twitter at open tomorrow Apr 24. TWTR on Nasdaq. Resistance is the bottom on the Gap formed on July 24 2018 ($41.59). That could be a target to get out. If it breaks up thru the resistance then next resistance is at $46.75 to $46.90. If it breaks upward past $47.79 then looking for $50.
Why am I buying? Strange for me, but because of Fundamentals. Twitter’s quarterly report surpassed Analyst Expectation. You also have the Twitter promoter in the White House who gets Twitter mentioned in the news almost on a daily basis. On top of Fundamentals the CCI looks great. So in my opinion I am buying because of Fundamentals and also because of Technicals.“
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
Bought 1,000 shares of AAN on the NYSE today
Have been posting some of my trading to the Uniquely Toronto Facebook page. Bringing this trade over to this our main site.
Purchased 1,000 shares of AAN (Aaron’s, Inc.) on the NYSE this morning. Picked up the 1,000 shares for $58.00 per share.
AAN shares trading on NYSE Courtesy of Tradingview.com
Reasons why I bought 1,000 AAN shares on the NYSE today::
Prior day Close was $53.27.
Today’s open was $55.05, Which means the Price Gapped UP (ie lots of buyers).
Much Higher Volume than normal at 1.5 Million shares.
Price moved above $56.04, which was the prior high set on Feb 27.
50 Day Moving Average is showing the price is in an extended Uptrend.
The Low of Feb 14 was not surpassed by the low on March 25.
So you had a Higher Low on March 25 which gives an indication
that the trend upward should continue.
Earning Per share rose over 30% in the reported Quarter.
So the Technicals looked great as did the Fundamentals.
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
Shares prices tumbled in Asia on Monday after Wall Street’s share price drop last Friday
Shares prices tumbled in Asia on Monday Mar 25. The drop in Asia is being linked to the Friday Mar 22 drop on North American Stock Markets. The Japan’s Nikkei Index dropped over 3%. The Hong Kong market’s Hang Seng Index dropped over 2%.
Video is courtesy of the The Money GPS YouTube channel
Surprising that the Market Indexes on US exchanges have held steady all morning (some have a minor rise in their Index). It’s lunch time and so trading drops off and we will see what happens after 3PM EST.
I’m surprised that the US Stock Market Indexes have not had a rather Down day today. When the markets tank on a Friday, often that does negatively impact trading the following Monday. We’ll see how the day ends.
Click on this link to visit the CNN Business website to view their page of Stock Market results in Asia for Monday Mar 25.
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
Stock Market Rally begins. IMHO this is a Sucker Rally.
The Stock Markets rose today. This rally should continue. It may even reach higher highs than what was seen in 2018 (though I doubt that new highs will be made).
IMHO this is Sucker rally to allow Deep Pockets to offload their equity holdings before the coming CRASH.
The rise should continue into Feb – Mar. Then the Fed will raise Interest Rates. Within a month of the next Interest Rate Hike, IMHO the world’s Stock Markets will reverse into a Massive Long Term Correction.
Beware the Ides of March!
Before the end of 2019 Europe and the United States will be in a Recession. By 2020 the Recession will deepen and spread across the Globe.
Video is courtesy of the Brian Shannon YouTube Channel
Do your own Due Diligence. Always get advice from your own Stock Market Advisor before placing money bets at the Stock Market Casinos, because you can lose money – even all of it.
Scott Minerd, sees a looming 40% Stock Market Correction followed by a Recession
Scott Minerd, Global Chief Investment Officer at Guggenheim Partners, sees a looming 40% Stock Market Correction.
I would call a “40% Stock Market Correction“, a pretty major “Stock Market Crash“.
That could be followed by a Recession, due to rising Interest Rates.
Scott Minerd has warned that the Stock Market is on a “Collision Course with Disaster“.
Video is couretsy of the CNBC YouTube channel.
Click on this link: to visit the CNBC website to read their article titled: “Guggenheim investment chief sees a recession and a 40% plunge in stocks ahead“
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.
Made my first Equity Trade in a long time
Wow, what a reminder. I have not traded stocks in far too long. Last night I tried setting up some charting software. Checked my old trading PC.
Today I setup a laptop which will be dedicated to Trading and Investing. Everything worked. A lot of very fond memories came flooding back. Some of the stocks which I had played in the past were in play today – up over 10%.
Level 2 Bid Ask screen was a joy to see again. I never realized how much I missed doing this.
My trading was based on self taught Technical Analysis. Research is something that I had learned to appreciate when I worked under at IBM Head Office. Research can open doors. Trading and investing is essentially psychological and I know a fair bit about that. Spending time researching obscure trading ideas paid off. Now all I have to do is refresh the memory cells.
It was funny looking at charts, some of old thinking came back.It’s about playing when the odds are in your favour and sitting back and “doing nothing” when they are not. People generally over trade, because they miss the thrill ( I understand that one today) or they want to pay the market back after taking a loss.
Anyhow, the trade got filled. It was a real buzz watching the Bid Ask Level2 to get an idea where the price was gonna go.
I can’t believe how much I missed this.
Have to get AmiBroker setup (love that software) and other pgms. I even have thoughts of setting up my Trading Room again.
Look for more Trading and Investing oriented posts.
One Penny Stock which I had played in the past (no longer own shares of it) was ULI.V UltraLithium trading in Vancouver. It came up on my brokers screen (I think that years back I had added it to the watch list). I’ve included a link to a chart of ULI.V, thanks to the good folks at StockCharts.com. ULI.V would have been a really nice trade in Feb 2016 when the Moving Averages crossed. Moving Average crosses do work, but I would have confirmed that signal with other stuff like the Commodity Channel Index behaviour. Just click on the link below to view the chart of ULI.V
I feel like a kid being let loose in a huge Candy Store.
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
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