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 [...]
The desk I run is an Institutional Long/Short Equity desk which tries to maintain a “market neutral” book. This doesn’t mean “buy 1000 shares of IBM and 10 puts”. What market neutrality means is that one need not be concerned about the overall direction of the market, as momentum traders are, but rather have long [...]
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 [...]
“Cuz I’m free fallin, now I’m free fallin, free falling…..”
General market theory suggests sharp sell-off’s need to be on high volume in order to culminate into a tradable bottom, ala the 10/10 and 11/20 lows. However, should the market make new lows on very little volume, as we have seen this past week, the implications [...]
By Edith Honan
Reuters
NEW YORK (Reuters) – Bernard Madoff, a longtime fixture on Wall Street, was arrested and charged on Thursday with allegedly running a $50 billion Ponzi scheme, U.S. authorities said.
The former chairman of the Nasdaq Stock Market who remains a member of Nasdaq OMX Group Inc’s nominating committee, is best known as the founder [...]
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 [...]
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 [...]
Week of October 27th:
Wed p.m.-
Yesterday, markets rallied 880 points. Today, a 300 point rally reversed to close almost flat. This is a very bullish sign. The euphoria became excessive because we had rallied almost 20% in 2 days. So the late day reversal was a definite shakeout of the fast money, weak hands. I have [...]
“We’re going to see five hedge funds fail for every bank, maybe more,”
A moment of reckoning for many hedge funds may come at the end of this month, when their exposure to credit default swaps must be “marked to market” to reflect the increased obligations at the end of the third quarter.
Olivant, the investment group [...]
The entire universe of “Tiger Cub’s and Seeds” (offshoot funds of Julian Robertson) are sitting on huge long positions in the following high beta stocks:
GOOG, RIMM, QCOM, BIDU, AAPL
I doubt there is intentional coercion, but there is certainly dialogue. What are the short-term implications for fast money traders? These stocks will have support on significant [...]
Friday’s rally confirmed by volume.
Biotech Index continues to hover near all-time highs, testing October 2007 levels. Red flag is Accum. Swing Index, which has not confirmed high (except Monthly). A broad market rally focused on Tech, catalyst being USD, will rotate $$ out of defensive stocks (e.g. healthcare). Wait/watch for pullback in this sector.
