Investment Capitalist

Week of Nov. 24
FRI:

Is it a coincidence Oil & Gas bottomed on election day?
DFG- Trgt’s 13.50, 14.50, 20
DIG- $50

Tech leading this charge.
Tier 2 Stocks:
BRCM- 2x bottom near completion. Bullish volume. TD buy signal, d-SAR Long. Breakout >18.
EBAY- Recovered secondary trendline. Mulitple buy signals. Above 13.70. Trend channel @ 20, r
2nd tier Financials to monitor:
BX- multiple […]

This Week from FIN Alternatives:
Hedge funds are about halfway done dumping assets to reduce leverage, and may unload another $200 billion to complete the deleveraging process, according to a new survey. A survey by Sanford C. Bernstein & Co.’s found that 63% of hedge fund managers agreed that the unwinding of assets is at least […]

Market’s appear strong overnight. Around 16 handles at 9:30pm EST. SPX resistance at 950. If market opens around 950 on the cash index, fade the gap up using SDS & SSO (short), DXD/DDM. Experiment with trading just one ETF class with larger size.  On the long side, stock selection is key. I want to go […]

Week of November 10
Still bullish on the market but defensive
in nature. Not putting myself out there for anything, in either
direction. Take trades for the time being and generate cash flow. When
the rally comes, it’ll be obvious. TRIN behaving very bullish all week,
spending Wed & Thur around 3.00 and as high as 4.0. Didn’t show
overbought on […]

Week of November 3
THUR-
Heavy volume on the sell-off. Market’s spooked by the lopsided gov’t. As expected, but didn’t exploit.
Monitor airlines for entry levels (see below).  Many charts look like gaps from Tuesday were closed. Only problem is volume expanding across the board. So many charts look terrible, I feel like we’re going to revisit the […]