Wednesday, September 06, 2017

One of the reasons I stopped flying

Unless I absolutely have to. That is ($874) lower than price yesterday - over $1000

Wednesday, May 17, 2017

Short first time in a long time

Looking at the monthly charts of major indexes, as well as "horsemen"/pillar stocks - all of them struggling to get above TD Resistance line and time is tinning out for move higher.
DJ transports was having difficult time for a while now - not a good sign indeed.
Here is SPX chart - you've this one - you've seen them all.

P.S. Just looked at my last post as of 2/17 and glad that was sitting on my hands due to as I said "Is market about to run out of steam?" - it did indeed - was trading in the very narrow range for 3 months.

Will be keeping an eye on possible Crude Oil long - something is going on with that puppy...

Sunday, February 26, 2017

Are equities markets about to run out of steam in the next few weeks?

I am starting to set wide trailing stops on my long stocks positions, also watching possible strong trade in Crude Oil - which direction is too early to tell, but for as long as it is above my magic long term line - it is long.
Otherwise it was quite a boring (trading wise) period after I closed long Natural Gas one month after I called long on Nov 16th 2016 ( net % gain was 25% on position, of course that were contracts, so a tad more indeed) - which I might go long again.

Wednesday, November 16, 2016

Saturday, November 12, 2016

Wednesday, November 09, 2016

Sunday, March 06, 2016

Friday, January 08, 2016

Do not stand under the shoulder of the market "crane"

Call it what you want, but whether it is head and shoulder or less likely rounding top - that /ES bubble is about to pop.

Thursday, December 24, 2015

Oil bear is dead?

I would disagree with talking heads and say: “Not yet”
After month long European vacation I am so tired of resting that I need some rest and not even going to post any charts. Take it or leave it. It is land of the free, right?