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 [...]
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 [...]
Today’s housing numbers were a game changer for me. Sometimes, one’s brain learns to tune certain things out while sitting on the trading desk. At times, this filter becomes too good and blocks out important facts. Generally, the a.d.d. prevalent amongst all of us on the trading floor (as if it’s a prerequisite) keeps us [...]
The real action behind the scenes. This is monumental. No, “GENERATIONAL”. No… it’s… it’s …
Politics aside, the reality is thus, according to my dogma, the Financial Times:
Lawrence Summers, senior economic adviser to Barack Obama, US president, told the Financial Times recently that the Group of 20 countries should agree to boost government demand. On Monday [...]
Game Plan – VOLUME EXHAUSTION BARS IN FINANCIAL STOCKS.
Campaign – Position trade 2nd tier financial names. Continue to focus on gold stocks and buy on dips, sell into rallies.
PRIORITY- Volume climax in financial names. Short-term trend exhaustion. Dow recovery of 7450 level short term reversal in progress.
Week of Feb. 23
Dow showing multiple pos. divergences with [...]
Week of Jan. 26
This potential bottom almost looks perfect. Do we go in aggressive early and keep buying dips? I think that’s the play here.
NTRS- Strong rel. strength. Did not follow sector to new lows in Jan.
All of the following are giving qualified Sequential buy signals:
SPY: Also inv. H&S
ABK- Buy $1.10/.18. Target $1.50
MBI-
BX- Good signal.
IAI- [...]
For Thursday:
JPM- Top name. Target size is 3 boats. Work hard for it. Confirmed/Qualified 12 count.
Assume all insiders have been massive buyers over prior several weeks at unheard of prices. This is where crowd psychology starts to shift, and the beginning of the momentum shift is always the toughest AND most profitable. FOCUS…FOCUS…FOCUS…
MS- #2 in [...]
Or should I say “feast”, to better reflect my opinion?
Perfect catch of the turn. Having switched from net short to net long mid day and scored doubles on both sides is excellent for a typically uneventful Wed. Nevertheless, should have crushed it beyond what was achieved. Seems like overly cautious following prior 8 weeks of [...]
Long-term study of S&P 500 cash index shows 18m RSI below30 for first time since 2003 bottom.
Modify long basket: re-weight sectors based on model runs on Sunday!!!
ERX, CRM, CAT & CME, ICE - swing pivot
UYG- Friday 8 count. Volume rising. Looking for climax low…
URE- 2nd volume spike around major low. Final bottom today? Could be…
ITB/XHB at [...]
Congress is revising the “look back” provision on losses from two years to five years as a means of providing fiscal support for the nations home builders. As a result, the group is poised to receive massive tax rebate checks in the billions of dollars for each company. The following are the top weighted components [...]
FAS plenty of room to the upside. Create long basket with this.
MBI breakaway gap?
Watch AGM, ACI
SKF break below $100 pending….
CSUN watch closely
DRYS target $18.50
EBAY – S2 in place, shallow but potent target ~$20. N/L ~$15.30
AAPL, GOOG multiple b/o’s. Watch for shakeout/recovery.
MCHP, MRVL, NVDA, RIMM rally in progress
SPY & OIH target 96-97. Focus here. Would love a [...]
January 2
AIG Commodity Index confirms bottom
ACI immediate buy
CAT, CLF
What’s going on with CCRT?
CMDTY:
AKS- good S2..
Follow up on nat. gas stocks:
CHK, CNX, EOG
Watch Solar
SPY traded through d/t line on rising volume. Is this a trap? 50dEMA $91.75
CME going to top range ~$265
AAPL $85 not breaking now. Expect major rally from here.
BBT immediate oppty here, BAC also
JPM [...]
