Sunday, January 12, 2014

Indices Are Coiled And Ready To Jump Higher

Updated for buys on 1/18


SPX broke through and back tested its Primary Downtrend Line last week.   SPX is now coiled now and its  next move is very likely to the upside within its active price channel (thick orange). 

Per my plan, I did my second buy on Wednesday (1/8) last week.  My plan is to do another buy when SPX tests its Active Uptrend Line (thick orange) and probably its 50 D-SMA (very likely sometime in mid to late March).


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.

Tuesday, January 7, 2014

Time To Buy In

Updated for buys on 12/18

I am going to do my second buy of 4 tomorrow early AM.

RTS Top Ten Stocks - 2nd of 4 positions in: 
FB, MU, BIDU, NFLX, YHOO, WYNN, AVGO,  CTSH, WDC, MA  (equal $).

Indices -2nd of 4 position in:
SPY, QQQ and IWM (equal $).


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 N without notice.

Monday, January 6, 2014

Powerful Bull Market Will Continue In 2014 And Beyond

Updated for buys on 12/18 

SPX gained 30% in 2013.  I believe that we'll see double digit performance for all indices for the next few years.  All dips (5% or more) should be bought from here froward.  

Indices very likely test their 20 D-SMA and possibly their 50 D-SMA sometime this week.  My plan is to do my second buy as we test 50 D-SMA.


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 N without notice.

Sunday, December 22, 2013

Looking Good

Updated for buys on 12/18

Indices look good.   Season's greetings and happy new year.
.

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 N without notice.

Wednesday, December 18, 2013

Time To Get Back In

In Cash as of 9/3/2013

My plan is to do my first buy of 4 today (Wednesday) shortly after the Fed announcement.

Updated RTS Top Ten Stocks - 1st of 4 positions in: 
FB, MU, BIDU, NFLX, YHOO, WYNN, AVGO,  CTSH, WDC, MA  (equal $).

Indices -1st of 4 position in:
SPY, QQQ and IWM (equal $).


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.

Sunday, December 15, 2013

To Taper Or Not To Taper?

In Cash as of 9/3/2013

One think we can confidently say about the Fed (especially about Bernanke) is that the Fed learns its lessons well.  When QE-1 ended back in the Spring of 2010, the Fed sat on its hands and watched markets sell off until in a panic they announced QE-2 in late August of 2010.  Again when QE-2 ended in the Spring of 2011, the Fed hesitated to continue QE and indices suffered.  In late Fall of 2011, finally, the Fed announced and put to work its "no end date" QE which has propelled markets higher and higher ever since.

The Fed has learned well from its past mistakes; therefore, I doubt very much if the Fed does more than a token taper.   I'm hoping for a sell off early this week to give me a chance to open long positions.  My plan is to do my first buy (50% RTS and 50% Indices) of 4 buys hopefully tomorrow or on Tuesday.

RTS Top Ten Stocks - 1st of 4 positions in:  
FB, BIDU, MU, NFLX, YHOO, WYNN, ADSK, CTSH, ADBE, AMZN  (equal $).

Indices -1st of 4 position in: 
SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, December 8, 2013

Still Waiting For A Pull Back To Open Long Positions

In Cash as of 9/3/2013

I am still waiting for a meaningful pull back (around 5% from the recent high's) to open long positions.  I think we are on our way.  Friday's rally was just a short covering rally.  The move to the downside should resume this coming week, as early as Monday.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, December 1, 2013

No Change Since Last Week

In Cash as of 9/3/2013


Nothing has changed since last week and I have nothing to add here.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, November 24, 2013

Indices Are Overbought, Still Waiting For An Entry

In Cash as of 9/3/2013


Nothing has changed since last week.  Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, November 17, 2013

Indices Are Severely Overbought

In Cash as of 9/3/2013 

Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, November 10, 2013

SPX Is Up Against Stiff Resistance

In Cash as of 9/3/2013 


SPX very likely will sell off this week to retest its 20 D-SMA and support at 1740.  My plan is to do my first buy of 4 around 1740.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.

Sunday, November 3, 2013

SPX To Test Support Range at 1740 - 1730


In Cash as of 9/3/2013 

Indices are overbought and very likely will correct this coming week.  Chances are good that we see SPX tests immediate support at 1740 and its 20 D-SMA at 1730.  My plan is to do my first buy sometime this coming week as SPX tests its support range.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


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 N without notice.