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 [...]
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 [...]
Game Plan – Ride bear squeeze while preparing for bear raid
Campaign – Reflexive strategies off Fibonacci levels
March 15
Let’s see how the week starts out. It looks like there’s room but perhaps a quick pullback early in the week? Or, we could see pent up retail demand trigger a gap up on Monday, which should be [...]
The market gapped down big and closed below the open on Monday for a second day in a row. Selling was heavy but not excessive or extreme by any stretch of the imagination.
The major indices all fell between 4% to 5%. Breadth was deeply negative, which is the only silver lining right now. The NYSE [...]
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 [...]
Game Plan – Play the macro themes. Position trading emphasis. Intraday trading via baskets only.
Campaign -Only trade your levels from Trade Sheet. Major credit event (e.g. 1971Nixon closed gold window, 1929 Humphrey devalued dollar) to push value of Gold higher.
PRIORITY- First GOLD. Market might
crash. Failed H&S patterns everywhere. VIX double bottom still
valid and highly probable. [...]
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 [...]
JPM, BAC broke on huge volume and are headed for their lows. GS looks like it’s in trouble here. CLosed below all of its MA’s and ON near term trendline. High volume on Mon’s sell-off. Relative to these charts, SKF has the potential to run about $100. JPM actually could make a new low based [...]
