RTS Is Selling AEO And Buying FSLR

SGS is Long (As of close of 4/30/2012)

Long Term Current and Past Portfolios

RTS is selling AEO and buying FSLR in its place tomorrow (Thursday) at the open.  I am doing the same in my LT Portfolio.

Indices are oversold.  Chances are good we see a rally starting tomorrow pushing SPX to back test its 50 DSMA around 1435. 

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Bulls and Barry Both Need A Rally Into Election

SGS is Long (As of close of 4/30/2012) 

Long Term Current and Past Portfolios

SPX gave back nearly all that it had gained during the week on Thursday and Friday.  Once again SPX found support at its 50 DSMA and Primary Uptrend Line.  There is a good chance that we see SPX rally again this coming week to back test its 20 DSMA around 1447.

Big Money wants Obama to have a second term because Big Money likes Barry's fiscal policies (i.e. Stimulus and QE). Big Money also knows that Barry surely could use a good rally between now and November 6.  I think chances are good that Big Money make it all happen for Barry.
 

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

RTS Is Selling AMZN And Bying WY

SGS is Long (As of close of 4/30/2012)

Long Term Current and Past Portfolios

RTS is selling AMZN and buying WY in its place tomorrow (Friday) at the open.  I am doing the same in my LT Portfolio.

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

A Critical Week Is Ahead

SGS is Long (As of close of 4/30/2012)

Long Term Current and Past Portfolios

On Monday at the open, RTS sells BBT and buys  UNG in its place.

Indices took a shellacking last week as uncertainty about the election crept back in.  Market is more comfortable with Obama than Romney.   To Market, Romney Administration would mean a new Fed Chairman, end of QE, possibly a new war in ME, and government austerity measures that would shrink growth to less than 1/% or even worse.

Indices are oversold.  On Friday, SPX broke through and closed below its Primary Uptrend Line and found support at its 50 DSMA.  There is a good chance that we see SPX rallying next week to test resistance at its 20 DSMA around 1440.   Rally would continue if Obama does well in the debate next week and starts pulling away from Romney in swing states poles.  Market is still predicting an Obama victory.

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

Indices Look Good

SGS is Long (As of close of 4/30/2012)

Long Term Current and Past Portfolios

Indices look very good as we enter into a seasonally bullish period.  There is a good chance that we see a sell off early this coming week where SPX could possibly test its 20 D-SMA and back test its newly formed Primary Downtrend Line.  If  that happens, it would be an excellent buying opportunity.  My plan is to buy my fourth and final buy of indices at that point, somewhere between SPX 1551 and 1446.

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.

New Highs For Major Indices Are Coming Up

SGS is Long (As of close of 4/30/2012)

Long Term Current and Past Portfolios

Today SPX break through and closed above its new Primary Downtrend Line (thick orange).  That was  significant.  It signals that chances are excellent that  we see new highs in SPX and other major indices soon, possibly as soon as tomorrow for SPX and DJI.

Face Book

Twitter

opader@gmail.com

Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.