Sunday, August 11, 2013

SPX Is Range Bound

No Trades, updated for recent trades
RTS-OS covers BTU and Shorts BRCM in its place on Mon 8/12 at the Open


Big Money is in Connecticut and Hampton for the rest of the summer, so SPX is very likely going  to yoyo up and down between 1710 and 1670 between now and Labor Day.


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.
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Thursday, August 8, 2013

Trades for THR August 9, 2013

RTS sells FSLR and buys BIDU

RTS-OS sells P and buys HPQ; covers BRCM and shorts DHI


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.
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Tuesday, August 6, 2013

Introducing RTS On Steroid (RTS-OS)


Updated for recent buys


RTS On Steroid is an objective fully mechanical trading system.  There are a total of 20 positions in RTS-OS Portfolio, 10 longs and 10 shorts.   Both longs and shorts are chosen out of a basket of 200 highly liquid stocks.  Positions are opened and closed based on their relative ranking.  All orders (market) are put in prior to market open to be filled right at the open.  Changes to RTS-OS Portfolio is posted here every evening or early morning prior to the open.  Portfolio trades and performance is posted here:

Tomorrow Wed. August 7, RTS-OS Opens 10 long and 10 short positions as shown.

Special thanks to my tennis buddies Fox N. and Dr. R. for their work and stimulating conversations that led me to develop RTS-OS.


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.
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Sunday, August 4, 2013

A Melt Up Is About To Start


Updated for recent buys
 

SPX very likely is going to test the new primary downtrend line around upper 1690's, then it will run up quickly to test price channels' (both primary channel in thick black and active channel is thick orange) upper boundaries around 1750's, possibly later this week.  My plan is to unload my long holdings at that point and look for an entry as SPX comes back to test its 20 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 without notice.
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Sunday, July 28, 2013

SPX Is About To Capture 1700

Updated for dividend payment by AET.
RTS sells STX and buys GILD in its place tomorrow Monday 7/29.

Indices Long Term Current and Past Portfolios
Updated for 2nd buy on Friday 7/26.
 

SPX sold off to construct a more sustainable uptrend line (thick pink).  Indices look great.  Chances are good that we bulldoze through 1700 soon, maybe this week.

I did my second buy of indices on Friday, I'm planning a 3rd buy sometime this coming week.
 

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.
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Wednesday, July 24, 2013

Hmmm ..........

Updated for my final buy of four on 7/22
Updated for my first buy of four on 7/22

I added to my positions on Monday.  I expect major indices to continue their run higher.  Chances are good that we finish the week with all major indices at new closing highs on weekly basis.  That would be extremely bullish, almost too bullish.  More on that on my post this weekend.
 
As of close of yesterday 3 (DJT, RUT and NAZ) of 5 major indices (DJI and SPX) are trading below their active uptrend lines.  To me this means:
  • (33%) Indices are getting ready to correct a little (a few %, 5% max) before going higher.

    •
  • (67%) Indices are in process of constructing shallower and more sustainable uptrend lines.  If that's the case, indices should breakout and print new highs either today or tomorrow.
Either way, it's up, up and away ...........


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.
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Saturday, July 20, 2013

DJT Cofirmed, Say Hello to SPX 1700

Still 75% invested, no buying opportunity what-so-ever.

Indices Long Term Current and Past Portfolios
I am 100% in cash, no buying opportunity what-so-ever.
 

As expected ( DJT Must Confirm ), DJT confirmed all time high's in other major indices by hitting and closing at all time highs itself on Thr and Fri. Chances are excellent now that we are on our way to 1700 and beyond, specially now that 20 D-SMA is about to cross above 50 D-SMA (thick blue circle).  In recent years, that crossing has been proceeded by an average gain of 18%  in SPX within 8.5 months.
 

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.
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Sunday, July 14, 2013

DJT Must Confirm

I'm still 75% invested, planing to do my final buy at the next dip.

Indices Long Term Current and Past Portfolio
New Portfolio for trading DIA, IWM, QQQ and SPY. In the frenzy stage of a bull market, major indices and high fliers out perform everything else. My plan is to do my first buy of 4 near open tomorrow.
 

Friday's closing high's in 4 major indices (DJI, NAZ, RUT and SPX) must be confirmed by DJT within a few trading days or we are going to run into issues, specially if DJT fails to break through its primary downtrend line (thick blue in chart below) and starts selling off and trading below its active uptrend line (thick orange in chart below).

Indices are overbought, so a likely scenario is for DJT sells off to test its active uptrend line (thick orange) on Monday / Tuesday, then takes off from there. We must see a new closing high for DJT by end of this coming week at the latest.  It's going to be a tough going for DJT this coming week, as shown on the chart above, but  DJT very likely will bulldoze through and reach new high's. That would be extremely bullish..


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.
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Thursday, July 11, 2013

Frenzy Has Begun

I'm still 75% invested. No opportunity to execute my last buy so far. 

RTS Long Term Dividend Current and Past Portfolios
I closed all long positions in this portfolio on Tue 7/9.
I no longer trade dividend paying stocks.
 

Three of five major indices (DJI, RUT and SPX) closed at all time highs today.  The powerful "Uncle Ben" bull market that started in March 2009 is going to rage ahead for a while.  I believe this 4 year bull run has now entered into its final frenzy stage.  A typical frenzy stage lasts about 14 months during which indices gain an additional 43%.


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.
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Sunday, July 7, 2013

Looking Good

Updated for recent trades and dividend payment
 
On Friday both NAZ and RUT broke through and closed above their primary downtrend lines.  Chances are excellent that other indices follow suit this week and give the green light to SPX 1700.
 
I'm still waiting for a close above and back test at SPX 1635 to do my final buy, very likely sometime this week.

 

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.
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Monday, July 1, 2013

Knocking On Resistance Door

Today Mon July 1, RTS sells MPEL and buys AET in its place at the open.
 
Today SPX will hit the crowded resistance band (1620-1635) one more time, but chances are good that SPX get pushed down to retest recent supports at 1600 and below this week.
 
I'm still waiting for a successful retest of recent lows to execute my fourth and final buy.  I think at this point I'll wait to see if we can get though the resistance band and buy as we back test it.  That would be a close above and back test at 1635.

 

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.
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Thursday, June 27, 2013

SPX Is Coming Up Against Stiff Resistance

The rally in the last three days has been impressive. We saw excellent breadth, decrease in number of new lows and small caps significantly outperforming.  SPX has now reached a stiff  resistance band (1620-1635) that is crowded by 20/50 D-SMA's and primary trend lines. Chances are good that after an initial rally tomorrow, SPX is pushed back down to retest support at 1600. 

My plan is to do my  fourth and last buy if we have  a successful back test at SPX 1600.


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.
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