After much consideration and several suggestions from Investment Capitalist readers, I’ve decided to open Investment Capitalist up for members to write their own content, post ideas, analysis and share their charts; in addition to my content which I will continue writing.
I would also love to comment on readers trade ideas and their technical analysis work [...]
Gold went over $1000 and sustained a rally to $1020. A dip to test, and re-test $1000 is likely. This magical number will continue to be used as the line at which bulls and bears continue to thrash each other relentlessly like a tug-of-war match in an Ultimate Fighting chained rink.
I’m watching the 70.50 level [...]
With all of the clutter and insanity due to groups turning into recruiting grounds and advertising forums for esoteric and mindless products, I was compelled to launch my own LinkedIn Group which is being emphatically embraced by the systematic and discretionary proprietary trading universe, to my delight.
I know many of you are Prop. Traders, whether [...]
Game Plan – Market following “yields”. Watch 5 and 10y yields. Technician’s waiting for “right shoulder” will be left behind. Watch for start of retracement to test long-term support and confirm recent bottoms, but maintain bullish view until reversals are in.
Campaign – Most “Doji’s” negated. Dow INDU target 8940-9000. 8350 support. DJINET trg= 90. Energy [...]
There are several good stocks coming up on my radar. So I’m going to provide a quick list of my top choices:
HMIN – Huge hotel chain throughout China.
NPD- Enormous retail drugstore chain throughout China. Excellent growth and margin ratios.
CPSL- Specialty Steel
HIMX- Specialty Chipmaker
ACTS- Semiconductor Manufacturer
SVA- Biotech with H1N1 “hype”
QXM- Mobile phone handset distributor and network [...]
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 [...]
Regarding those increasingly volatile Chinese stocks, there’s a bearish overlay on Chinese material producers because of government controls on prices. Therefore, refiners and marketers like Sinopec (SHI) are operating at forced losses
I’m becoming convinced that Chinese stocks are presenting an opportunity for swing traders. These particular stocks accomplish their moves in gaps. Here is China Life Insurance (LFC):
To see China Life trading in the $50 range after last year’s parabolic run, which began in many of these names last August, for the institutional long-term buyers, this [...]
A great way to take advantage of the excess pessimism in the REIT sector is to buy URE, another geared ETF that holds a portfolio of very strong REITS. Remember, this is also a 2X ETF so it will move twice the regular Real Estate index.
Remember, it’s times like these when fortunes are made. Contrarian traders have to buy when most market participants think their stocks are going to be worthless, and sell when these participants think they’ve missed the boat. Now is the time for the former so get your buy orders ready, and let’s make some money.
It’s great to be a global macro equity trader right now for a couple of reasons I’ll get to in just a second. But first, it’s not often there are widespread global macro strategies being employed by various market participants. Whether you know it or not, there’s a good chance your portfolio has a little [...]
Since we’re on the topic of Chinese stocks, I wanted to bring attention to another one of my favorite Chinese high flyers, Sohu.com. This chart illustrates the rapid surge from mid-August that carried the stock for a 50% run in approx. seven weeks. The horizontal Fibonacci lines are projections made from the initial [...]
