To think the Lehman fiasco only happened in September......
Well, we have come a long way. My prayer is that 2009 will be a "acceptable" year - one full of daktos and radzons !
Amen.
And a baby boy 2.
Wednesday, December 31, 2008
Saturday, August 16, 2008
Volatile ?
Everybody's waiting for the Elliott Wave....counting counting.
This week has been particularly hair raising - so many upsets in the Olympics. I am sure those holding MOS positions as well........
Anyway, got to study HV and IV. Important.
This week has been particularly hair raising - so many upsets in the Olympics. I am sure those holding MOS positions as well........
Anyway, got to study HV and IV. Important.
Tuesday, July 1, 2008
Friday, June 20, 2008
Thursday, June 19, 2008
Indices
Dow Jones
-VT not successful, now cci gone past -100
-Fish has been almost flat
-IFT still oversold
-rest of indicators still bearish
-if Month chart breaks below EMA, then potential dark clouds ahead.
Nasdaq
-ZLR to south
-CMF also shows red
-bar currently under EMA
Russell
-ZLR to south but chop zone signals are mixed
-Month chart shows current time closing resting on EMA.
-lower highs does not bode well.
-anyway, must monitor
-VT not successful, now cci gone past -100
-Fish has been almost flat
-IFT still oversold
-rest of indicators still bearish
-if Month chart breaks below EMA, then potential dark clouds ahead.
Nasdaq
-ZLR to south
-CMF also shows red
-bar currently under EMA
Russell
-ZLR to south but chop zone signals are mixed
-Month chart shows current time closing resting on EMA.
-lower highs does not bode well.
-anyway, must monitor
Wednesday, June 18, 2008
Scans
From MCtrl/Freey list:
GTE,DAR,HOS,DNR,SY,ANR,BRY,FMC,BUCY,DRS,FDG,CMP,ILMN,STLD,FLS,MON,CHK,AGU
New uptend: HOS,DNR
MAC: EOG
OX
OTM: XTO,URBN,MON,NFX,CHK,ACI,PBR
ATM: ANR,URBN,MON,NFX,CHK,AGU,ACI,PBR,
GTE,DAR,HOS,DNR,SY,ANR,BRY,FMC,BUCY,DRS,FDG,CMP,ILMN,STLD,FLS,MON,CHK,AGU
New uptend: HOS,DNR
MAC: EOG
OX
OTM: XTO,URBN,MON,NFX,CHK,ACI,PBR
ATM: ANR,URBN,MON,NFX,CHK,AGU,ACI,PBR,
Tuesday, June 17, 2008
News
1. GS beats ! (but alas)
2. Core inflation slows even as producer price rise.
3. Housing starts - decline rate slowing which is good sign.
2. Core inflation slows even as producer price rise.
3. Housing starts - decline rate slowing which is good sign.
Positions
c
-turbo already pointing upwards
-but CMF is negative - distribution happening?
-need to monitor
m
-trying to go off Bollinger
-cci still above 100 - so not the time to exit first.
-MACD, CMF is tapering.
- watch.
-monsanto upside guidance might trigger it. anyway, got to watch.
-turbo already pointing upwards
-but CMF is negative - distribution happening?
-need to monitor
m
-trying to go off Bollinger
-cci still above 100 - so not the time to exit first.
-MACD, CMF is tapering.
- watch.
-monsanto upside guidance might trigger it. anyway, got to watch.
Indices
Dow Jones
-cci shows VT but angle not so angle
-most indicators are turning North and ADX rise indicating higher volatility.
Nasdaq
-green LSMA appeared but cci today is not very good.
-indicators esp IFT istrying to go North
-overall good !
Russell
-indicators almost like Nasdaq and green LSMA appeared.
-may bounce
-cci shows VT but angle not so angle
-most indicators are turning North and ADX rise indicating higher volatility.
Nasdaq
-green LSMA appeared but cci today is not very good.
-indicators esp IFT istrying to go North
-overall good !
Russell
-indicators almost like Nasdaq and green LSMA appeared.
-may bounce
Monday, June 16, 2008
Positions
mos
-still in overbought
-strong demand and CMF still going up
-don't exit yet.
clf
-if TT, then can hold, otherwise, may want to exit since CMF is dwindling down and indicators still bearish.
-see power of cci then.
-still in overbought
-strong demand and CMF still going up
-don't exit yet.
clf
-if TT, then can hold, otherwise, may want to exit since CMF is dwindling down and indicators still bearish.
-see power of cci then.
Indices
Dow Jones
-Green LSMA appeared !
-indicators have that u-turn feeling !
-positive sign
Nasdaq
-Green LSMA not appeared yet.
-indicators currently flattening. IFT still oversold.
Rusell
-not fully done yet - most indicators still bearish including cci.
-monitor first.
-Green LSMA appeared !
-indicators have that u-turn feeling !
-positive sign
Nasdaq
-Green LSMA not appeared yet.
-indicators currently flattening. IFT still oversold.
Rusell
-not fully done yet - most indicators still bearish including cci.
-monitor first.
Sunday, June 15, 2008
Meditation
Pastor spoke on new revelations today: Grain, New Wine and Oil. Ask God why this cluster happens together. Grain and New Wine symbolises the communion we have with God. Oil was talking about anointing.
References: Deut 6, 8, Mark, Revelation 6.
Quite a fair bit of stuff in there. Await CD.
References: Deut 6, 8, Mark, Revelation 6.
Quite a fair bit of stuff in there. Await CD.
Plan for coming week
1. Stick to plan. Pre-market analysis, monitor half an hour and then go jog afterwards.
2. Review CWrite site.
3. Rewrite calculator to include adjustments but so far so good.
4. Dig past months trade and enter the adjustments into trade log.
2. Review CWrite site.
3. Rewrite calculator to include adjustments but so far so good.
4. Dig past months trade and enter the adjustments into trade log.
Review of past week
1. Ran 13km. Started running on Thursday only. Try to be consistent. However, the 8km run on Thursday night was very good. But leg was strained afterwards. Anyway, when the going gets tough, the tough gets going.
2. Well, a bit "worried" past week because of drys. However, I realise must commit the battle to the Lord. So far, so good. These 3 months got to absorb all these lessons and understand how to do CC. Otherwise, when the money goes in, will worry over it.
3. The reason why we do CC is to avail time to read & meditate on God's word.
2. Well, a bit "worried" past week because of drys. However, I realise must commit the battle to the Lord. So far, so good. These 3 months got to absorb all these lessons and understand how to do CC. Otherwise, when the money goes in, will worry over it.
3. The reason why we do CC is to avail time to read & meditate on God's word.
Saturday, June 14, 2008
July preparations
1. Combined Top 20 & MC/OX ATM/OTM for July. Only those selected stocks are added to form July list.
2. Do the scanning at the end of the week. Preferably after Friday close and b4 Monday open.
cci scan:
B
M:
W: FCX, URBN
D: ANF,ANR,CLF,CNX,FCX,ISRG,MA,PBR,POT
S
M: PBR,RIO
W: AXP,CNX,MA
D:
2. Do the scanning at the end of the week. Preferably after Friday close and b4 Monday open.
cci scan:
B
M:
W: FCX, URBN
D: ANF,ANR,CLF,CNX,FCX,ISRG,MA,PBR,POT
S
M: PBR,RIO
W: AXP,CNX,MA
D:
Friday, June 13, 2008
June 13 watchlist
June 13 watchlist created.
Aim is to test stock criteria flow: MC>CCI>OX>SChart
Buy:
M:
W:
D: FDG,FLO,SY,TAP,TJX
SELL:
M:
W: HOS,IMO,INFA,MT,MUR,SU
D: BRY,CRZO,DVN,EAC,EAC,ECA,MEE,NBL,RDC,RRC
Consider:
CCI: ACI,AFL,ANR,CNX,EOG,IBM,PBR,STLD,WFT,
Aim is to test stock criteria flow: MC>CCI>OX>SChart
Buy:
M:
W:
D: FDG,FLO,SY,TAP,TJX
SELL:
M:
W: HOS,IMO,INFA,MT,MUR,SU
D: BRY,CRZO,DVN,EAC,EAC,ECA,MEE,NBL,RDC,RRC
Consider:
CCI: ACI,AFL,ANR,CNX,EOG,IBM,PBR,STLD,WFT,
Indices
Dow Jones
-still waiting for green LSMA.
-Volatitily has increased via ADX
NQ
-indicators still bearish
-in fac, the -DMI going above +DMI may signal a downtrend.
-a sell-off in Tech stocks ?
Russell
-indicators still bearish but DMI does not show clear sign of downtrend.
-still waiting for green LSMA.
-Volatitily has increased via ADX
NQ
-indicators still bearish
-in fac, the -DMI going above +DMI may signal a downtrend.
-a sell-off in Tech stocks ?
Russell
-indicators still bearish but DMI does not show clear sign of downtrend.
Thursday, June 12, 2008
News
1. Oil dips early on US$132.25
2. Financials make strong showing, esp Bank of America
3. Anheuser-Busch receives unsolicited takeover bid from Belgian brewer
4. Retail sales surpass expectations
2. Financials make strong showing, esp Bank of America
3. Anheuser-Busch receives unsolicited takeover bid from Belgian brewer
4. Retail sales surpass expectations
Indices
Dow Jones
-wait for green LSMA.
-oversold and most indicators bearish still.
NQ
-IFT went into oversold.
-indicators bearish
RUT
-almost like NQ but IFT have not breached oversold yet.
-wait for green LSMA.
-oversold and most indicators bearish still.
NQ
-IFT went into oversold.
-indicators bearish
RUT
-almost like NQ but IFT have not breached oversold yet.
Analysis
d
-Most indicators bearish and position is oversold
-Resting on 61.8% currently.
-may need to exit 1st and then wait for green LSMA.
m
-Currently at top of Bollinger
-CCI at extremes and position currently overbought
-El OSC and MACD both have +ve bias
-overall very good chart.
c
-Red sea crossing. price now at bottom of bollinger and approaching EMA.
-IFT , El Osc and MACD all have bearish bias.
-Most indicators bearish and position is oversold
-Resting on 61.8% currently.
-may need to exit 1st and then wait for green LSMA.
m
-Currently at top of Bollinger
-CCI at extremes and position currently overbought
-El OSC and MACD both have +ve bias
-overall very good chart.
c
-Red sea crossing. price now at bottom of bollinger and approaching EMA.
-IFT , El Osc and MACD all have bearish bias.
Tuesday, June 10, 2008
CCs 5A
Looking for stocks whose Ret "A">5>Premium@strike>3>Ret@ITM
OTM: FCX,ANR,DRYS,CLF,FSLR,LEH,SPWR,
OTM: FCX,ANR,DRYS,CLF,FSLR,LEH,SPWR,
Saturday, June 7, 2008
Plan for coming week
1. Go through Call Wr site tutorials (1 month)
2. Try to set up your own calculator (6 months project)
-use the spreadsheet to enter the transactions that happened so far.
- understand the P&L status of each
- impt is also next month's rollover proposals.
3. Try to work on Book outline.
4. Run 20km !
Review:
1. Finish 20km last week but realise that it's not just running. Need to control diet as well.
2. So far CCs are ok except DRYS but let's see the actual P&L.
2. Try to set up your own calculator (6 months project)
-use the spreadsheet to enter the transactions that happened so far.
- understand the P&L status of each
- impt is also next month's rollover proposals.
3. Try to work on Book outline.
4. Run 20km !
Review:
1. Finish 20km last week but realise that it's not just running. Need to control diet as well.
2. So far CCs are ok except DRYS but let's see the actual P&L.
Friday, June 6, 2008
Indices
DJ
-VT happened. see what happen to the bull spreads.
NQ
-Indicators going to overbought.
RUT
-Overbought.
-VT happened. see what happen to the bull spreads.
NQ
-Indicators going to overbought.
RUT
-Overbought.
Thursday, June 5, 2008
Dollar-Smile Theory ?
Well, this is the first time I heard about this theory.
Anyway, there's a CNBC story out this morning saying with BOE holding rates, there might be a jump back into the dollar as the US economy may recover before the full effects of the credit crunch have been felt in Europe, analyst told CNBC.com
I am no FOREX trader but you can read the news for yourself here.
My hope is that this will help American exports and give it a much needed boost.
Anyway, there's a CNBC story out this morning saying with BOE holding rates, there might be a jump back into the dollar as the US economy may recover before the full effects of the credit crunch have been felt in Europe, analyst told CNBC.com
I am no FOREX trader but you can read the news for yourself here.
My hope is that this will help American exports and give it a much needed boost.
News
1. Costco and Walmart same store sales increase 9% & 3.9% respectively.
2. BOE leaves rate unchange to fight "inflation".
2. BOE leaves rate unchange to fight "inflation".
Wednesday, June 4, 2008
Bernanke effect
A rare sight this year but let's hope prices goes down. Otherwise, world economy can suffer.
Bottom fishing ? or catching Falling Knives?
Nonetheless, markets move in cycles. I remember Robert Kiyosaki liked foreclosures. To me, it's almost like selling a OTM put and get a stock at a discount. But like the options strategy, risks are there.
Read CNBC's report on the rise of crowds attending Home-Buyer Education courses here.
Just don't buy money you cannot afford to loose.
Fighting inflation with a strong currency
Now that Bernanke has dealt with much of the liquidity issues in the market, eyes now turn to Inflation with an eye on the supply/demand of commodities and currencies.
See LA Times report here.
See LA Times report here.
Tuesday, June 3, 2008
Sim Bull Spread
Tested on AAPL a synthetic covered call. Situation I intend to use this is when ZLR or RSI rises from oversold.
Use cc 30 200 5A ATM to screen stock. 2 strikes giving high premiums.
Stock price when bought 187.88
.apvfr@6.01 (190C)
.apvfs@-3.94 (195C)
.apvrq@-5.29 (185C)
Net credit is 3.22. BE for stock is 184.66. WWDC round the corner. iPhone 3G expected. Other surprises may be instored.
Also tried using CC 30 200 5A OTM. This time RIMM.
Stock price when bought 137.26
.rulfh@3.46 (140C)
.rulfi@-1.7 (145C)
.rulrw@-3.94 (135C)
Net credit is 2.18. BE for stock is 135.08. RIMM has new models and earnings at the end of month.
Another one is ANR. Stock @85.66
.anrfq@5.71 (85C)
.anrfr@-3.29 (90C)
.anrrq@-4.39 (85P)
Net credit is 1.97. BE for stock is 83.69. This seems to have higher ROI if assigned. However, this stock was bought at market price - try to avoid in future. China just raised coal price today so bull run expected.
Learn to see how to maintain and repair.
Be faithful. Sim trade first. Fear vs Greed ! Ultimately, have to trust.
Use cc 30 200 5A ATM to screen stock. 2 strikes giving high premiums.
Stock price when bought 187.88
.apvfr@6.01 (190C)
.apvfs@-3.94 (195C)
.apvrq@-5.29 (185C)
Net credit is 3.22. BE for stock is 184.66. WWDC round the corner. iPhone 3G expected. Other surprises may be instored.
Also tried using CC 30 200 5A OTM. This time RIMM.
Stock price when bought 137.26
.rulfh@3.46 (140C)
.rulfi@-1.7 (145C)
.rulrw@-3.94 (135C)
Net credit is 2.18. BE for stock is 135.08. RIMM has new models and earnings at the end of month.
Another one is ANR. Stock @85.66
.anrfq@5.71 (85C)
.anrfr@-3.29 (90C)
.anrrq@-4.39 (85P)
Net credit is 1.97. BE for stock is 83.69. This seems to have higher ROI if assigned. However, this stock was bought at market price - try to avoid in future. China just raised coal price today so bull run expected.
Learn to see how to maintain and repair.
Be faithful. Sim trade first. Fear vs Greed ! Ultimately, have to trust.
Meditation
You are my God. Every moment that I live, Your Mighty Hands is doing wonders for me.
Selah.
So sings the New Creations.
Lord, I look towards putting my wife out of job in a year's time so that she can look after the girl and personally coach her. It's was so interesting bringing out for a swim today. I enjoy these times with her.
Selah.
So sings the New Creations.
Lord, I look towards putting my wife out of job in a year's time so that she can look after the girl and personally coach her. It's was so interesting bringing out for a swim today. I enjoy these times with her.
Hold your fire
Wait for the time. It's meant to test the strategy. When premiums =ed, then u may pull. Use this time to test the exit/maintenance strategies.
News - Fed-up on rate cuts
1. Read my headlines with Singlish accent !2. Factory Orders surprisingly strong (+1.1% vs -0.1%). But will strengthening dollar spur front loading than delayed purchase?
News
1. Lehmen brothers to raise US$3-4 billion. Needs to deleverage. Markets guessing they will report a bad quarter on June 16. Stock price took quite a hit after rising last week.
2. China's Yanzhou raises 2008 coal export price. Likely buffering for their winter ahead. Could bode well for ANR, FDG.
3. S&P cuts ratings on MER, LEH and MS.
2. China's Yanzhou raises 2008 coal export price. Likely buffering for their winter ahead. Could bode well for ANR, FDG.
3. S&P cuts ratings on MER, LEH and MS.
Indices
DJIA
-cci shows potential VT coming but yet to be triggered. LSMA quite near. Maybe 2 to 3 days. Anyway, don't predict, react !
-Fish also have turning signs, IFT is in oversold mode.
-Ell also tapering for almost a week already.
Nasdaq
-cci hovering between 100s, now -ve. 2550 is proving a strong short term resistance. keltner also giving strong support at moment.
-need to monitor.
Rut
-almost all indicators were quite bullish since Apr !
-cci did not go below zero most of time, IFT did not really trigger sell signals, etc.
-woode club members probably having misery or fun - have not catch up with them lately.
-cci shows potential VT coming but yet to be triggered. LSMA quite near. Maybe 2 to 3 days. Anyway, don't predict, react !
-Fish also have turning signs, IFT is in oversold mode.
-Ell also tapering for almost a week already.
Nasdaq
-cci hovering between 100s, now -ve. 2550 is proving a strong short term resistance. keltner also giving strong support at moment.
-need to monitor.
Rut
-almost all indicators were quite bullish since Apr !
-cci did not go below zero most of time, IFT did not really trigger sell signals, etc.
-woode club members probably having misery or fun - have not catch up with them lately.
Monday, June 2, 2008
China's Forex Reserve - US$1.76 Trillion
I remember during a company retreat 4 years ago - China's Forex reserve just surpassed Japan at US$1 Trillion. Now, it's US$1.76 Trillion !!!Well, the next time you visit China, don't look down on the farmers. They definitely have a reason to smile if their government have deep pockets.
When I was stationed in China, I remember the government provided free medical and schooling to the farmer's family. Well, let's see if the China government will provide a even better stimulus than the US.
You can feed on the report here.
Are you dreaming big enough ?
Y'day msg: If your dreams don't scare you, you are not dreaming big enough.
Sunday, June 1, 2008
Plan for coming week
1. Clock 20km in my jog.
2. Monitor the CCs.
3. Start thinking about my book which I intend to be available on 24 Oct 2009. An autobiography? An options trading manual ? How to achieve Financial Freedom? Fear vs Greed? Wow, seems a lot of areas can cover but I must really focus. I dedicate this to God, my wife and girl. May they continue to serve Him forever and find life's meaning and joy through Him, the Creator of Heaven and Earth.
2. Monitor the CCs.
3. Start thinking about my book which I intend to be available on 24 Oct 2009. An autobiography? An options trading manual ? How to achieve Financial Freedom? Fear vs Greed? Wow, seems a lot of areas can cover but I must really focus. I dedicate this to God, my wife and girl. May they continue to serve Him forever and find life's meaning and joy through Him, the Creator of Heaven and Earth.
Friday, May 30, 2008
News
1. US spending up 0.2% vs 0.1% consensus
2. Dell shares jumps on strong profit but stock downgraded by Cross Research. Some analyst feel that it might be difficult to execute the cost cutting from now. Well, anyway, congrats to Michael Dell for his anniversary back to the helm.
3. Tiffany also beat (ladies, u buying anything lately.....better check my MasterCard, for they also mention sustainable growth).
Like my pastor said - Ready credit, Ready bondage. Ha Ha !
2. Dell shares jumps on strong profit but stock downgraded by Cross Research. Some analyst feel that it might be difficult to execute the cost cutting from now. Well, anyway, congrats to Michael Dell for his anniversary back to the helm.
3. Tiffany also beat (ladies, u buying anything lately.....better check my MasterCard, for they also mention sustainable growth).
Like my pastor said - Ready credit, Ready bondage. Ha Ha !
WoW - Believe it or not ?
Maybe that day will come when Monsanto provided seeds for Apple to really produce apple. Funny.
Indices
Dow Jones
-green lsma ! hmmm...
-anyway, like y'day, indicators showing flat to u-turn up.
Nasdaq
-turbo cci turing down.....hmmm....
-IFT, Fish, MACD are all turing up.
Rut
-Like Nasdaq but cci passed minor resistance.
overall EMA providing good support
-green lsma ! hmmm...
-anyway, like y'day, indicators showing flat to u-turn up.
Nasdaq
-turbo cci turing down.....hmmm....
-IFT, Fish, MACD are all turing up.
Rut
-Like Nasdaq but cci passed minor resistance.
overall EMA providing good support
Thursday, May 29, 2008
Indices
Going to be a Big News day. Anyway, we'll see if market factored it in.
Dow Jones
-Indicators has a bottoming feeling.
-Fish is trying to turn flat to up, cci is going to break minor support.
-But watch out for profit taking.
Nasdaq
-cci have not totally crossed zero line but Fish turning flat.
-overall positive bias.
-From Woode: It has not totally rejected unless it crosses zero line.
Rut
-surprisingly, did not see cci go below zero for almost 2 and half months.
-anyway, overall positive bias.
In all, can see power of EMA.
Dow Jones
-Indicators has a bottoming feeling.
-Fish is trying to turn flat to up, cci is going to break minor support.
-But watch out for profit taking.
Nasdaq
-cci have not totally crossed zero line but Fish turning flat.
-overall positive bias.
-From Woode: It has not totally rejected unless it crosses zero line.
Rut
-surprisingly, did not see cci go below zero for almost 2 and half months.
-anyway, overall positive bias.
In all, can see power of EMA.
We were Briefed.
Yea, indeed, we were briefed it might be a window dressing day. Had to do quite a number of positive repairs.
Went to run @ 11. Great breeze. I want to be really slim and fit for the coming year.
Wednesday, May 28, 2008
News
Stock futures continue to indicate a positive start following a key economic report from the Commerce Department. The report indicated orders of big-ticket, durable goods fell 0.5% during April. The monthly reading was above expectations. Excluding transportation, durable goods orders increased 2.5%, which is better than expected and up from the 1.7% increase registered in the previous month.
The sentiment is that people are tightening their own belts. Luxury brands will be affected? To see.
The sentiment is that people are tightening their own belts. Luxury brands will be affected? To see.
Indices
DJIA
-mainly oversold.
-cci HFE -200
-this trend not over yet. await green LSMA. when? when it appears !
NQ
-Likely TT today.
-so far, EMA has provided strong support.
-must thk AAPL and RIMM
RUT
-again EMA providing support.
-one thing though, even though y'day the green candle appeared, IFT did not turn up.
-anyway, monitor.
-mainly oversold.
-cci HFE -200
-this trend not over yet. await green LSMA. when? when it appears !
NQ
-Likely TT today.
-so far, EMA has provided strong support.
-must thk AAPL and RIMM
RUT
-again EMA providing support.
-one thing though, even though y'day the green candle appeared, IFT did not turn up.
-anyway, monitor.
Thursday, May 22, 2008
52 wk highs
Energy related plays
Coal (ACI, ANR, ARLP, CNX, FCL, FDG, MEE, WLT),
Integrated Electrics (APWR, EXC, FE, HE, MDU, TE),
Oil & Gas (APA, APC, ARD, BBG, BEXP, BPT, BRY, BTE, CNQ, COP, CPE, CVX, CXG, CXO, DMLP, DNR, DVN, E, EAC, ECA, EGY, EOG, EQT, ESV, EXXI, FPP, FST, GMXR, HES, HGT, HK, HP, IMO, IVAN, KAZ, MCF, MMR, MPET, MUR, NBL, NBR, NFX, NGAS, NOG, NXY, OXY, PBR, PCZ, PDO, PGH, PTEN, PXD, PXP, RDC, RRC, SCU, SD, SFY, SGY, SJT, SM, SSL, STR, SU, SWN, TGC, TLM, TOT, UNT, UPL, WLL, XEC, XOM),
Pipelines (ENB, NFG, SE, WMB)
Steel Producers (AKS, GGB, GNA, SCHN, SIM, X, ZEUS)
Coal (ACI, ANR, ARLP, CNX, FCL, FDG, MEE, WLT),
Integrated Electrics (APWR, EXC, FE, HE, MDU, TE),
Oil & Gas (APA, APC, ARD, BBG, BEXP, BPT, BRY, BTE, CNQ, COP, CPE, CVX, CXG, CXO, DMLP, DNR, DVN, E, EAC, ECA, EGY, EOG, EQT, ESV, EXXI, FPP, FST, GMXR, HES, HGT, HK, HP, IMO, IVAN, KAZ, MCF, MMR, MPET, MUR, NBL, NBR, NFX, NGAS, NOG, NXY, OXY, PBR, PCZ, PDO, PGH, PTEN, PXD, PXP, RDC, RRC, SCU, SD, SFY, SGY, SJT, SM, SSL, STR, SU, SWN, TGC, TLM, TOT, UNT, UPL, WLL, XEC, XOM),
Pipelines (ENB, NFG, SE, WMB)
Steel Producers (AKS, GGB, GNA, SCHN, SIM, X, ZEUS)
A few Fed notes
1. No more cuts even if economy contracts
2. Most officials see April cut as close call
3. Housing still bleak, spending to a crawl
4. Expects economy rebound in 2H 2008
5. Sees no bottoming in housing activity or home price declines
6. Unemployment to rise in 2008 and stay there in 2009
7. Growth risk to downside
8. CPI improvement probably temporary
9. Food, Energy prices to keep inflation up
10.. US GDP to contract in 1H, recover in 2H
11. Cuts GDP forecast to 0.3 - 1.2% vs 1.3-2% earlier
Zara=Seed
When seed is sown to the ground, there is a "hey" to Zara, meaning grace will be added to the seed !
Grace, Grace !
God remembers our seed. It will not be sown in vain. God does not make His word return to Him void. Amen.
Grace, Grace !
God remembers our seed. It will not be sown in vain. God does not make His word return to Him void. Amen.
Oil going for $134/barrel
Alamak, better change my car for a horse, at least there's still grass around when all the oil is gone.........
Seriously, Stagflation is here. Better tighten purses. Spend wisely.
Seriously, Stagflation is here. Better tighten purses. Spend wisely.
Wednesday, May 21, 2008
21/5 Me and My Bro
Well, went out with my Bro Eric for dinner at Waraku tonite. Nice food and nice view !!! (The only complaint was that the green tea ice cream look so big on menu but came out so small).
Anyway, volatile day. Oil just hit $130 - that's why I'm focusing on Energy, Food and Supply Chain themes for this month.
The Fed minutes will also be released tonite. For those who are staying up, happy reading.
I am going for my brisk walking now and listening to my pastor's preaching.
Come, Soar with me. Now. (Ain't the eagle nice? - Thanks to eaglesnestdevelopment)
Anyway, volatile day. Oil just hit $130 - that's why I'm focusing on Energy, Food and Supply Chain themes for this month.
The Fed minutes will also be released tonite. For those who are staying up, happy reading.
I am going for my brisk walking now and listening to my pastor's preaching.
Come, Soar with me. Now. (Ain't the eagle nice? - Thanks to eaglesnestdevelopment)
Tuesday, May 20, 2008
Lehman upgrades of Oil & Drilling
Lehman raises their target multiples for oil service and drilling stocks, reflecting a strong recovery in 2008 and 2009 for N. American natural gas drilling and substantial growth internationally over the next few years. Firm is raising their target multiples for oil service and drilling stocks. Lehman is raising their tgts on BHI to $110 from $94, BJS to $41 from $33,
BRS to $62 from $58, CAM to $67 from $54,
DO to $161 from $158, DRC to $50 from $44,
DRQ to $50 from $44, ESV to $78 from $71,
GLBL to $21 from $23, GW ti $9 from $7.50,
HAL to $68 from $58, HP to $70 from $65,
HERO TO $44 from $32, HOS to $60 from $55,
NBR to $51 from $45, NOV to $100 from $79,
NE to $75 from $71, OII to $98 from $79,
PTEN to $39 from $34, RDC to $53 from $47,
SLB to $142 from $120, SII to $91 from $81,
SPN to $66 from $53, TDW to $85 from $75,
RIG to $192 from $180, WFT to $121 from $98,
WR to $26 from $25.
Monday, May 19, 2008
19/5 Leading Economic Indicators
April leading indicators up 0.1%. Key point is that this is the 2nd straight increase after 5 declines.
Recession argument lost a lot of steam on this...........
Recession argument lost a lot of steam on this...........
19/5 Trades
Entered CC of CLF & MOS. Abt 6% ATM.
Awaiting DRYS tomorrow even though premium is good at this juncture. Don't want to go for runaways. Prudence in exercising trade will be a long term character requirements for trading.
Going for some other reading now.
Awaiting DRYS tomorrow even though premium is good at this juncture. Don't want to go for runaways. Prudence in exercising trade will be a long term character requirements for trading.
Going for some other reading now.
19/5 Indices
DJ
-most indicators turning bullish -cci,I/RSI,Fish,SAR,
Nasdaq
-indicators oversold. cci turning -.
Russell
-indicators oversold and cci turing down from 100.
-most indicators turning bullish -cci,I/RSI,Fish,SAR,
Nasdaq
-indicators oversold. cci turning -.
Russell
-indicators oversold and cci turing down from 100.
Saturday, May 17, 2008
16/5 Watchlist
OTM (>5)
-AEM,CF,CLF,DRYS,MOS,MTL,POT,SHLD,AGU,CSIQ,POT,SPWR,X,
ITM (>5)
-FCX, CSIQ,DDDDD
-AEM,CF,CLF,DRYS,MOS,MTL,POT,SHLD,AGU,CSIQ,POT,SPWR,X,
ITM (>5)
-FCX, CSIQ,DDDDD
Friday, May 16, 2008
Thursday, May 15, 2008
15/5 Indices
Dow Jones
-ZLR+ and indicators turning. 34EMA providing support.
NASDAQ
-so far, strong momentum.
Russell
-Fish turned. Good view ahead?
-ZLR+ and indicators turning. 34EMA providing support.
NASDAQ
-so far, strong momentum.
Russell
-Fish turned. Good view ahead?
Wednesday, May 14, 2008
14/5 Covered ITM
ITM
AAPL 190c: 5.1-5.3
AEM 65c: 6.33-6.38
ANF 75c: 4.2-5.7
AXP 47.5C: 3.1-7.8
BIDU 370c: 7.1-7.2
CAT 80C: 2.2-5.5
CF 140C: 7 - 7.8
DRYS 100C: 8 - 10.7
FCX 115c: 5.3 - 9.1
FDG 70C: 4 - 8
ISRG 290C: 4.9 - 5.68
MA 290c: 4.7 - 5.7
MER 47.5c: 4.9 - 7.4
MOS 125c: 5.7 - 9.2
MTL 155C: 5.9 - 8.3
POT: 6 - 7.58
RIMM: 4.9 - 6.9
AAPL 190c: 5.1-5.3
AEM 65c: 6.33-6.38
ANF 75c: 4.2-5.7
AXP 47.5C: 3.1-7.8
BIDU 370c: 7.1-7.2
CAT 80C: 2.2-5.5
CF 140C: 7 - 7.8
DRYS 100C: 8 - 10.7
FCX 115c: 5.3 - 9.1
FDG 70C: 4 - 8
ISRG 290C: 4.9 - 5.68
MA 290c: 4.7 - 5.7
MER 47.5c: 4.9 - 7.4
MOS 125c: 5.7 - 9.2
MTL 155C: 5.9 - 8.3
POT: 6 - 7.58
RIMM: 4.9 - 6.9
15/4 Covered OTM
OTM
AAPL 190C: 4.8-5.1 ,,6.35-4.38
AEM 70C: 8.86-3.4 ,,13.29,3.45
AEM 65C: 7.8,,6.02
ANF 80C: 6.6-2.2 ,,8.52-2.55
AXP 50C: 5.6 - 4.2 ,,5.33-4.7
BIDU 370C: 6.9 - 7.1 ,,8.55-6.1
CAT 85C: 6.2 - 3,,5 - 2.43
CF 140C: 9.1 - 6.7 ,,8.79-6.46
DRYS 100C:9.4 - 9 ,,10.45-9.62
FCX 120C: 8.4 - 6.1 ,,9.48-4.95
FDG 75C: 7.99 - 3.67 ,,9.46 - 3.62
ISRG 300C: 7.34 - 3.9 ,,8.5-4.22
ISRG 290C: 6.44-5.71
MA 290C: 5.2 - 5.05,,5.7-4.57
MER 50C: 7.27 - 4.27 ,,7 - 4.35
MON 125C: 8.7 - 4.6 ,, 6.9-5.11
MOS 130C: 10.66 - 5.5 ,, 9.83-6.02
MTL 160C: 7.8 - 6.3 ,,10.31-5.28
MTL 155C: 8.21 - 6.6
POT 200C: 8.5- 6.5 ,,7.07 - 6.53
RIMM 145C: 6.97 - 4.46 ,, 8.57 - 3.85
RIMM 140C: 6.46-5.47
SHLD 95C: 5.44 - 5.55,, 6.57 - 6.28
AAPL 190C: 4.8-5.1 ,,6.35-4.38
AEM 70C: 8.86-3.4 ,,13.29,3.45
AEM 65C: 7.8,,6.02
ANF 80C: 6.6-2.2 ,,8.52-2.55
AXP 50C: 5.6 - 4.2 ,,5.33-4.7
BIDU 370C: 6.9 - 7.1 ,,8.55-6.1
CAT 85C: 6.2 - 3,,5 - 2.43
CF 140C: 9.1 - 6.7 ,,8.79-6.46
DRYS 100C:9.4 - 9 ,,10.45-9.62
FCX 120C: 8.4 - 6.1 ,,9.48-4.95
FDG 75C: 7.99 - 3.67 ,,9.46 - 3.62
ISRG 300C: 7.34 - 3.9 ,,8.5-4.22
ISRG 290C: 6.44-5.71
MA 290C: 5.2 - 5.05,,5.7-4.57
MER 50C: 7.27 - 4.27 ,,7 - 4.35
MON 125C: 8.7 - 4.6 ,, 6.9-5.11
MOS 130C: 10.66 - 5.5 ,, 9.83-6.02
MTL 160C: 7.8 - 6.3 ,,10.31-5.28
MTL 155C: 8.21 - 6.6
POT 200C: 8.5- 6.5 ,,7.07 - 6.53
RIMM 145C: 6.97 - 4.46 ,, 8.57 - 3.85
RIMM 140C: 6.46-5.47
SHLD 95C: 5.44 - 5.55,, 6.57 - 6.28
14/5 Indices
DJ
-potential TT, Fish also tapering+, still above 34EMA.
NQ
-almost 5 days of buying spree, anyway, partying still ongoing.
Rusell
-most indicators pointing +
-potential TT, Fish also tapering+, still above 34EMA.
NQ
-almost 5 days of buying spree, anyway, partying still ongoing.
Rusell
-most indicators pointing +
Have a Life !
I FEEL GOOOOOOOOD.................
Less stress, More reliance, getting heathier.....
cut those inches on your waist, bro !
Remember to tithe.
Less stress, More reliance, getting heathier.....
cut those inches on your waist, bro !
Remember to tithe.
Meditation - from Gloria CopeLnd
Priorities of Prosperity
Make pleasing God your number one priority. Set your eyes on Him above all else and all these things will be added unto you.
"No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon." (Matt 6:24)
Make pleasing God your number one priority. Set your eyes on Him above all else and all these things will be added unto you.
"No man can serve two masters: for either he will hate the one, and love the other; or else he will hold to the one, and despise the other. Ye cannot serve God and mammon." (Matt 6:24)
Tuesday, May 13, 2008
13/5 Remembrance
Woode said: To predict is for slave. To react is for Kings.
To those seeing my blog, I am spending less time on the screens. Just 坐山观虎斗.
Let's see how expiration Friday goes.
Help me to be discipline, Lord !
To those seeing my blog, I am spending less time on the screens. Just 坐山观虎斗.
Let's see how expiration Friday goes.
Help me to be discipline, Lord !
After spending $XXX Million, Zune finally hits the tune
Sometimes, relentless pursuit of market share need to burn resources.
For some companies, it might be better to 以逸待劳.
Focus, boy.
13/5 Remembrance
Y'day's RIMM announcement had something very special in it. The co-operation with MSFT.
Then, I remembered a few things Dr C mentioned in Bali:
1. RIMM will be a acquisition target. Tough to be in this market with a "one product range" company.
2. SIRF with it's over 100 patents as a company that has potential.
3. How he will buy CC on AAPL and RIMM.
Though I tried a lot of Dr C's methods and over 80% of them did not work out, however, I believe I learnt much more from the principles behind.
I also remembered him during coaching class about the church's monthly $100k bills. It's no small bill, but building God's house is better than having the yacht parked at the bay. He knows.
God watch over him. Bless him and keep him.
Then, I remembered a few things Dr C mentioned in Bali:
1. RIMM will be a acquisition target. Tough to be in this market with a "one product range" company.
2. SIRF with it's over 100 patents as a company that has potential.
3. How he will buy CC on AAPL and RIMM.
Though I tried a lot of Dr C's methods and over 80% of them did not work out, however, I believe I learnt much more from the principles behind.
I also remembered him during coaching class about the church's monthly $100k bills. It's no small bill, but building God's house is better than having the yacht parked at the bay. He knows.
God watch over him. Bless him and keep him.
Monday, May 12, 2008
12/5 News
1. HSBC earnings rise but so did bad debt.
2. POT: sinkhole issue might raise short term price.
3. China: earthquake killed >8k people.
2. POT: sinkhole issue might raise short term price.
3. China: earthquake killed >8k people.
12/5 Indices
DJ
- mainly bearish but 34EMA still providing support.
-turbo cci hooking up.
-potential tussle but let's see
NQ
-intersting to see CMF money flow in. Taking abite at Apple?
-watch.
Rusell
-likely ZLR+ but most other indicators bearish.
-shows the strenght of leading indicators like cci.
- mainly bearish but 34EMA still providing support.
-turbo cci hooking up.
-potential tussle but let's see
NQ
-intersting to see CMF money flow in. Taking abite at Apple?
-watch.
Rusell
-likely ZLR+ but most other indicators bearish.
-shows the strenght of leading indicators like cci.
Sunday, May 11, 2008
Top 10 things I must do when I start new vision
1. Love Thy God.
2. Love Thy Family.
3. Love Thy Neighbour.
4. Love Thy Life.
5. Love Thy faithfulness.
6. Love Thy Stewardship.
7. Love Thy Muscles.
8. Love Thy Food.
9. Love Thy Trading.
10. Fear the Lord.
2. Love Thy Family.
3. Love Thy Neighbour.
4. Love Thy Life.
5. Love Thy faithfulness.
6. Love Thy Stewardship.
7. Love Thy Muscles.
8. Love Thy Food.
9. Love Thy Trading.
10. Fear the Lord.
Top 10 places I would like to bring my wife
1. Israel
2. Australia - 12 Apostles
3. Grand Canyon
4. Nigara Falls
5. New York
6. Mount Everest
7. Hawaii
8. Nice (Blue Oysters)
9. Round the world cruise
10. Orient Express
3. Grand Canyon
4. Nigara Falls
5. New York
6. Mount Everest
7. Hawaii
8. Nice (Blue Oysters)
9. Round the world cruise
10. Orient Express
Top 10 things to do when I exit
1. Give a donation to my boss for Myanmar missions - mainly for Orphange.
2. Give my mentors a treat - "what happened to me, God allowed it, just like in Joseph in the Bible."
3. Shake Mr S's hands and thank him for these precious years and the privilege of working in this great and dynamic company.
4. Thank Mr Sg's for the opportunity to go HK. It was a triggering point in my life.
5. Thank Mr JL for fighting for my posting to SH. If it wasn't for him, I could not be with my family.
6. Thank Anne for going out of her ways to arrange those mtgs.
7. Thank Elz - she's a lady of character. She & I can flow. I remember HK days and how those precious allocations came.
8. Thank Sha - gonna miss her laughter and friendship.
9. Thank H - never let your former boss be your subordinate.
10. Thank JQ, CY and so many more.......
2. Give my mentors a treat - "what happened to me, God allowed it, just like in Joseph in the Bible."
3. Shake Mr S's hands and thank him for these precious years and the privilege of working in this great and dynamic company.
4. Thank Mr Sg's for the opportunity to go HK. It was a triggering point in my life.
5. Thank Mr JL for fighting for my posting to SH. If it wasn't for him, I could not be with my family.
6. Thank Anne for going out of her ways to arrange those mtgs.
7. Thank Elz - she's a lady of character. She & I can flow. I remember HK days and how those precious allocations came.
8. Thank Sha - gonna miss her laughter and friendship.
9. Thank H - never let your former boss be your subordinate.
10. Thank JQ, CY and so many more.......
11/5 Message Snippets
One message - must get CD.
pastor talked about the Benjamin generation. Interesting - Benjamin was the only one whose names was given by the Father and not the mother.
Anyway, Bless Israel. Why?
pastor talked about the Benjamin generation. Interesting - Benjamin was the only one whose names was given by the Father and not the mother.
Anyway, Bless Israel. Why?
11/5 Interesting performance from the Oil Band from Israel
Bro, did u hear the music - it's so full of meaning.......
Must get the names of famous Isareli composers.....
Must get the names of famous Isareli composers.....
Friday, May 9, 2008
9/5 News
1. AIG - $7.8 billion net loss and raising $12 billion capital.
2. Oil @$125
3. Trade balance @$58.2 for March. 2Q GDP likely at 2%.
2. Oil @$125
3. Trade balance @$58.2 for March. 2Q GDP likely at 2%.
9/5 Indices
Most indices down today. However, EMA providing support. Hence, trade in direction of LONG TERM trend - UP => wait for indicators to show especially cci.
9/5 Brought to remembrance
Lord,
The past 3 days when Pam was not around, Sammi had been asking me to read King Midas to her. Hmm....
Thinking back, I think she is really really smart and it must be a message from you. That's why I know why You had asked me to switched trading strategy. So what if you are the biggest hedge fund operator earning US$19 Bil in one year? In God's eyes, aren't we but dust?
Ultimately, family matters and we need to apply the fear of God in our lives.
Lord, couldn't wait to see the day when I will reach that 1% contribution to One North. It's time people hear the message of grace. It's unmerited and God gives it freely to all who will come to Him.
The past 3 days when Pam was not around, Sammi had been asking me to read King Midas to her. Hmm....
Thinking back, I think she is really really smart and it must be a message from you. That's why I know why You had asked me to switched trading strategy. So what if you are the biggest hedge fund operator earning US$19 Bil in one year? In God's eyes, aren't we but dust?
Ultimately, family matters and we need to apply the fear of God in our lives.
Lord, couldn't wait to see the day when I will reach that 1% contribution to One North. It's time people hear the message of grace. It's unmerited and God gives it freely to all who will come to Him.
9/5 Meditation
Psalm 103:11
For as high as the heavens are above the earth, so great is his love for those who fear him.
Lord, as I encounter this verse and the meditation on the prodigal son this morning. I know that Your heart longs for those who fear You. How you hope to see the day when they come back to your arms again. It's a very touching story and I hope that the world will come to know the real You.
selah.
For as high as the heavens are above the earth, so great is his love for those who fear him.
Lord, as I encounter this verse and the meditation on the prodigal son this morning. I know that Your heart longs for those who fear You. How you hope to see the day when they come back to your arms again. It's a very touching story and I hope that the world will come to know the real You.
selah.
9/5 A Word to my Maker
Lord, for you said the love of money is the root of all evil. Greed is always the one that kills.
Anyway, I thank You for what you taught me these few days. It is very precious. 3 mths test. Afterwards, have to make preparations for next steps.
Sammi was so cute and chatty y'day. I love her and thank you for her. And for Pam too.
Anyway, I thank You for what you taught me these few days. It is very precious. 3 mths test. Afterwards, have to make preparations for next steps.
Sammi was so cute and chatty y'day. I love her and thank you for her. And for Pam too.
9/5 Resilient
That's what I can say for now. Even though AIG post US$8 Billion loss.
Hey, PCLN gave some food for thot...hmmmm
Hey, PCLN gave some food for thot...hmmmm
Thursday, May 8, 2008
8/5 Covered Calls
1. AEM 65C: 3.31 - 4.05%
2. DRYS 95C: 2.9 - 5.97
3. DRYS 90C: 3.03 - 5.61
4. CF 135C: 3.69 - 3.71
5. CLF 180: 3.19 - 4.31
6. FCX 120C: 2.3 - 4.21
7. FDG 70C: 1.86 - 4.09
8. MER 50C: 1.41 - 5.2
9. MON 120C: 2.58 - 3.3
10. MOS 125C: 3.41 - 3.97
11. MTL 160C: 2.37 - 5.12
12. POT 195C: 3.41 - 3.80
13. RIMM 135C: 1.56 - 4.87
14. SHLD 95C: 2.06 - 2.78
2. DRYS 95C: 2.9 - 5.97
3. DRYS 90C: 3.03 - 5.61
4. CF 135C: 3.69 - 3.71
5. CLF 180: 3.19 - 4.31
6. FCX 120C: 2.3 - 4.21
7. FDG 70C: 1.86 - 4.09
8. MER 50C: 1.41 - 5.2
9. MON 120C: 2.58 - 3.3
10. MOS 125C: 3.41 - 3.97
11. MTL 160C: 2.37 - 5.12
12. POT 195C: 3.41 - 3.80
13. RIMM 135C: 1.56 - 4.87
14. SHLD 95C: 2.06 - 2.78
8/5 News
1. Walmart top expectations, 3.2% same store sales increase.
-COST,BJ,ANF,AEO,KSS,JCP all top expectations too.
2. Crude oil $124.
-COST,BJ,ANF,AEO,KSS,JCP all top expectations too.
2. Crude oil $124.
8/5 Indices
Dow Jones
-Most indicators bearish or signs of bearishness
-candle at almost bottom of Boll band
-Range: L/12756 H/13097
Nasdaq
-Same as DJ.
Russell
-IFT hanging dangerously at 0.5 and most indicators bearish.
-Watch.
-Most indicators bearish or signs of bearishness
-candle at almost bottom of Boll band
-Range: L/12756 H/13097
Nasdaq
-Same as DJ.
Russell
-IFT hanging dangerously at 0.5 and most indicators bearish.
-Watch.
Tuesday, May 6, 2008
6/5 Pre-Open
Indices
Dow Jones
-Red LSMA appeared. Indicators have signs of turning. 120 points away from 34EMA.
-channel trend line is uptrend. If trendline break, then it might have a fall.
NASDAQ
-Red LSMA appeared. Looking back, Red candle appeared 3 days ago at top of BOLL.
-Indicators looks like turning down.
Russell
-34EMA still uptrend but Red LSMA appeared and most indicators bearish.
Dow Jones
-Red LSMA appeared. Indicators have signs of turning. 120 points away from 34EMA.
-channel trend line is uptrend. If trendline break, then it might have a fall.
NASDAQ
-Red LSMA appeared. Looking back, Red candle appeared 3 days ago at top of BOLL.
-Indicators looks like turning down.
Russell
-34EMA still uptrend but Red LSMA appeared and most indicators bearish.
5/5 Trading strategies
Interesting covered call strategy from Tim Melvin:
http://www.thestreet.com/story/10415131/1/two-option-strategies-for-value-investors.html?puc=lhhome
http://www.thestreet.com/story/10415131/1/two-option-strategies-for-value-investors.html?puc=lhhome
Monday, May 5, 2008
Sunday, May 4, 2008
4/5 Wave count
Only an exercise:
AAPL
27/4 Approaching Wave B (it's trying to go up, though)
4/5 Still going up, no signs of abatting.
AEM
27/4Seems to be after B going to C (trending down)
4/5 5 day MA turning. Wait for LSM and trade North.
ANF
27/4 Seems to be trading (non-trending) (34 EMA looks sideways on long term)
4/5 5 day MA turning south. See other indicators.
AXP
27/4 34EMA flat now. Could not wave count.
4/5 Uptrend but wait for other indicators.
BIDU
27/4 34EMA in uptrend. C - trending up. wait for u-turn signal.
4/5 Ell at all time high but Ell Osc turning.
CAT
27/4 Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
4/5 Red sea crossing was rather flat. Ell OSC turning down.
CF
27/4 red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
4/5 Noticed that 5 day MA turning very good for detecting turning points. an once 5 day cross 34, it will continue. Still waiting for ZLR. price resting around 34 EMA.
CLF
27/4 seems to be very toppish and end of a Wave 3. See how it goes.
4/5 3 days of successive selling. Ell now turning downtrend. Red sea crossing evident.
DRYS
27/4 seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
4/5 Ell flat so could not tell trend - need to watch. cci showed almost ZLR with turbo pointing upwards.
FCX
27/4 near Trend 3 and turning?
4/5 ELL turned, showing downtrend but a number of whipsaws present.
-be careful when trading this. but at extreme turning points, confidence of trade is good.
FDG
27/4 signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
4/5 ZLR ! Having seen that 27% of the world's coal is in US and oil price so high, then coal is still a strong growth stock.
ISRG
27/4 can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
4/5 Ell crossing to upside and small buying interest in last 4 trading days.
MA
4/5 Elliott going upside but most likely exhaustion gapping. Red candle appeared and possible of reversal becos of recent runup.
MER
27/4 uptrend - going towards establishing Wave 1
5/4 Uptrend still intact even though Red candle appeared on Friday.
MON
27/4 seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
4/5 Trade ZLR. Almost 3 doji's past 3 days. Wait for cci signals.
MOS
27/4 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
4/5 ZLR but no green LSMA? Wait and see.
MTL
27/4 Either Wave 5 or extension of Wave 3.
5/4 This stock like to reject 34EMA. Friday's stock action rejected it.
POT
27/4 Could be at Wave 3. Anyway, this stock has very good potential.
4/5 Wave 3 gone. Most indicators are down.
RIMM
27/4 Almost in trading markets. could trend higher.
4/5 Friday gapped up. Ell is still sideways.
SHLD
27/4 almost at bottom of chart.
4/5 Looke like a ghost on cci. Ell is sturing up. With Americans receiving their check, it seems that they might go and buy and hence retail bullishness.
AAPL
27/4 Approaching Wave B (it's trying to go up, though)
4/5 Still going up, no signs of abatting.
AEM
27/4Seems to be after B going to C (trending down)
4/5 5 day MA turning. Wait for LSM and trade North.
ANF
27/4 Seems to be trading (non-trending) (34 EMA looks sideways on long term)
4/5 5 day MA turning south. See other indicators.
AXP
27/4 34EMA flat now. Could not wave count.
4/5 Uptrend but wait for other indicators.
BIDU
27/4 34EMA in uptrend. C - trending up. wait for u-turn signal.
4/5 Ell at all time high but Ell Osc turning.
CAT
27/4 Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
4/5 Red sea crossing was rather flat. Ell OSC turning down.
CF
27/4 red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
4/5 Noticed that 5 day MA turning very good for detecting turning points. an once 5 day cross 34, it will continue. Still waiting for ZLR. price resting around 34 EMA.
CLF
27/4 seems to be very toppish and end of a Wave 3. See how it goes.
4/5 3 days of successive selling. Ell now turning downtrend. Red sea crossing evident.
DRYS
27/4 seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
4/5 Ell flat so could not tell trend - need to watch. cci showed almost ZLR with turbo pointing upwards.
FCX
27/4 near Trend 3 and turning?
4/5 ELL turned, showing downtrend but a number of whipsaws present.
-be careful when trading this. but at extreme turning points, confidence of trade is good.
FDG
27/4 signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
4/5 ZLR ! Having seen that 27% of the world's coal is in US and oil price so high, then coal is still a strong growth stock.
ISRG
27/4 can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
4/5 Ell crossing to upside and small buying interest in last 4 trading days.
MA
4/5 Elliott going upside but most likely exhaustion gapping. Red candle appeared and possible of reversal becos of recent runup.
MER
27/4 uptrend - going towards establishing Wave 1
5/4 Uptrend still intact even though Red candle appeared on Friday.
MON
27/4 seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
4/5 Trade ZLR. Almost 3 doji's past 3 days. Wait for cci signals.
MOS
27/4 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
4/5 ZLR but no green LSMA? Wait and see.
MTL
27/4 Either Wave 5 or extension of Wave 3.
5/4 This stock like to reject 34EMA. Friday's stock action rejected it.
POT
27/4 Could be at Wave 3. Anyway, this stock has very good potential.
4/5 Wave 3 gone. Most indicators are down.
RIMM
27/4 Almost in trading markets. could trend higher.
4/5 Friday gapped up. Ell is still sideways.
SHLD
27/4 almost at bottom of chart.
4/5 Looke like a ghost on cci. Ell is sturing up. With Americans receiving their check, it seems that they might go and buy and hence retail bullishness.
4/5 Trading Plan
Trading Plan:
1. Psychology: Don't exhaust yourself. Stay confident in what you believe.
2. Money Management
-If below 20%, exit positions and out for 3 months.
-5% rule for Options >$100, 2.5% rule for Options <$100.
-2 weeks into expiration, don't trade more than 2 contracts.
-No short sell until you full time trader.
3. Any New strategies, paper trade on at least 20 stocks for 1 month first. The stock market will always be there.
4/5 Trades
Observations
1. Fibs and red sea crossing using Boll and LSM worked well.
2. Short squeeze was not good.
3. ER2 - don't touch until you become full time trader.
4. SNDK trade should have been successful if stick to plan.
1. Fibs and red sea crossing using Boll and LSM worked well.
2. Short squeeze was not good.
3. ER2 - don't touch until you become full time trader.
4. SNDK trade should have been successful if stick to plan.
Saturday, May 3, 2008
2/5 Weekend analysis
1. April employment data & Fed cut helped.
2. MSFT-YHOO still negotiating?
3. Agric got hit due to strong dollar CRB fell 2.3% and Gold 3.6% (Now $862.1/ounce)
2. MSFT-YHOO still negotiating?
3. Agric got hit due to strong dollar CRB fell 2.3% and Gold 3.6% (Now $862.1/ounce)
Friday, May 2, 2008
2/5 Indices
DJIA
-Keltner bd above Boll bnd hmmm.......?
-rest of indicators uptrend intact.
NASDAQ
-shooting star candle at 1102 hrs.
-rest of indicators uptrend or near extremes.
Russell
-shooting star candle at 1102 hrs.
-rest of indicators uptrend or near extremes.
-Keltner bd above Boll bnd hmmm.......?
-rest of indicators uptrend intact.
NASDAQ
-shooting star candle at 1102 hrs.
-rest of indicators uptrend or near extremes.
Russell
-shooting star candle at 1102 hrs.
-rest of indicators uptrend or near extremes.
2/5 News
1. Fed up auctioning amts from $50 -> 75 Billion and inclue AAA/Aaa assets.
2. Unemployment reach 5% from 5.1% prior mth. 20k drop in nonfarm payrolls.
3. Sun Microsystem miss earnings and to cut 2500 jobs.
2. Unemployment reach 5% from 5.1% prior mth. 20k drop in nonfarm payrolls.
3. Sun Microsystem miss earnings and to cut 2500 jobs.
Thursday, May 1, 2008
1/5 Analysis
ANF
-Looks like TT to south.
-B/70P
BIDU
-Red LSMA, Fish turning. Rest of short term signals in indicators also flat.
CAT
-Bearish seems to be flat red sea crossing.
-B/80P
CF
-Still being sold off today
-must wait till AG sector rebound.
-if buy, look B/125P
CLF
-Looking bearish. Now resting at keltner.
-S/165C
DRYS
-Seems to be ZLR today. Strong buying interest. But overall still red LSMA.
FCX
-continue selling pressure today. REsting on keltner but all indicators bearish.
-S/120C
FDG
-premiums not too good.
-looks like TT.
-skip this for now.
MOS
-potential TT setup.
MTL
-miss this one. wait for reversal.
POT
-same, wait for reversal.
RIMM
-ranging trading between 128 and 118 for 2 weeks.
-S/115P
SHLD
-a lot of tussle.
-wait out.
-Looks like TT to south.
-B/70P
BIDU
-Red LSMA, Fish turning. Rest of short term signals in indicators also flat.
CAT
-Bearish seems to be flat red sea crossing.
-B/80P
CF
-Still being sold off today
-must wait till AG sector rebound.
-if buy, look B/125P
CLF
-Looking bearish. Now resting at keltner.
-S/165C
DRYS
-Seems to be ZLR today. Strong buying interest. But overall still red LSMA.
FCX
-continue selling pressure today. REsting on keltner but all indicators bearish.
-S/120C
FDG
-premiums not too good.
-looks like TT.
-skip this for now.
MOS
-potential TT setup.
MTL
-miss this one. wait for reversal.
POT
-same, wait for reversal.
RIMM
-ranging trading between 128 and 118 for 2 weeks.
-S/115P
SHLD
-a lot of tussle.
-wait out.
1/5 Pre-Open
DJIA
-34EMA uptrend but red lsma and most indicators bearish.
NQ
-34EMA uptrend, LSMA on sidelines of green and red.
Russell
-34EMA still uptrend, red LSMA, most indicators bearish.
-34EMA uptrend but red lsma and most indicators bearish.
NQ
-34EMA uptrend, LSMA on sidelines of green and red.
Russell
-34EMA still uptrend, red LSMA, most indicators bearish.
30/4 FOMC - 25bp cut
The Federal Open Market Committee decided today to lower its target for the federal funds rate 25 basis points to 2 percent. Recent information indicates that economic activity remains weak. Household and business spending has been subdued and labor markets have softened further. Financial markets remain under considerable stress, and tight credit conditions and the deepening housing contraction are likely to weigh on economic growth over the next few quarters. Although readings on core inflation have improved somewhat, energy and other commodity prices have increased, and some indicators of inflation expectations have risen in recent months. The Committee expects inflation to moderate in coming quarters, reflecting a projected leveling-out of energy and other commodity prices and an easing of pressures on resource utilization. Still, uncertainty about the inflation outlook remains high. It will be necessary to continue to monitor inflation developments carefully. The substantial easing of monetary policy to date, combined with ongoing measures to foster market liquidity, should help to promote moderate growth over time and to mitigate risks to economic activity. The Committee will continue to monitor economic and financial developments and will act as needed to promote sustainable economic growth and price stability. Voting for the FOMC monetary policy action were: Ben S. Bernanke, Chairman; Timothy F. Geithner, Vice Chairman; Donald L. Kohn; Randall S. Kroszner; Frederic S. Mishkin; Sandra Pianalto; Gary H. Stern; and Kevin M. Warsh. Voting against were Richard W. Fisher and Charles I. Plosser, who preferred no change in the target for the federal funds rate at this meeting. In a related action, the Board of Governors unanimously approved a 25-basis-point decrease in the discount rate to 2-1/4 percent.
30/4 Testing Squeeze
holx - 10.5
cnqr - 16.3
psys - 12.1
akam - 4.8
anss - 7.5
cam - 4.5
drq - 5.4
mil - 11.4
cnqr - 16.3
psys - 12.1
akam - 4.8
anss - 7.5
cam - 4.5
drq - 5.4
mil - 11.4
Wednesday, April 30, 2008
30/4 Analysis
AAPL
- Approaching Wave B (it's trying to go up, though)
-Major trend still going up, wait for red sea crossing.
AEM
- Seems to be after B going to C (trending down)
-still not confirm C but Fish is tapering. But today's candle at 1124 hrs is holding above y'day's close by +1.9%
ANF
- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
-potential TT but rest of indicators still uptrend.
AXP
- 34EMA flat now. Could not wave count.
-quite a number of doji the past few days.
-no clear trend yet.
BIDU
- 34EMA in uptrend.
-Fish and Elliott at extremes. wait for red LSMA.
C
- trending up. wait for u-turn signal.
-
CAT
- Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
-Fish already turning and divergence on Fish.
-Consider S/85 calls
CF
- red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
-IFT turning down but 34EMA providing good support
-Consider S/160Calls.
CLF
- seems to be very toppish and end of a Wave 3. See how it goes.
-S/170C
DRYS
- seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
-turning since last comment.
-S/90C
FCX
- near Trend 3 and turning?
-Ell and Fish turned, most indicators bearish.
-S/120C
FDG
- signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG
- can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
-IFT turned slightly but Fish and Ell turning. Green LSMA appeared.
-B/300C or S/270P
- seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
-See if TT happens then trade
MOS
- 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
-wait for reversal to upside.
MTL
- Either Wave 5 or extension of Wave 3.
-Divergence on MACD but 34EMA providing some pause - doji.
-B/135P or S/160C
POT
- Could be at Wave 3. Anyway, this stock has very good potential.
-Same as MTL.
-S/200C or 210C or B/170P
RIMM
- Almost in trading markets. could trend higher.
-S/115P
SHLD
- almost at bottom of chart.
-IFT cross -0.5 so bullish.
-B/105C & S/95P
- Approaching Wave B (it's trying to go up, though)
-Major trend still going up, wait for red sea crossing.
AEM
- Seems to be after B going to C (trending down)
-still not confirm C but Fish is tapering. But today's candle at 1124 hrs is holding above y'day's close by +1.9%
ANF
- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
-potential TT but rest of indicators still uptrend.
AXP
- 34EMA flat now. Could not wave count.
-quite a number of doji the past few days.
-no clear trend yet.
BIDU
- 34EMA in uptrend.
-Fish and Elliott at extremes. wait for red LSMA.
C
- trending up. wait for u-turn signal.
-
CAT
- Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
-Fish already turning and divergence on Fish.
-Consider S/85 calls
CF
- red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
-IFT turning down but 34EMA providing good support
-Consider S/160Calls.
CLF
- seems to be very toppish and end of a Wave 3. See how it goes.
-S/170C
DRYS
- seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
-turning since last comment.
-S/90C
FCX
- near Trend 3 and turning?
-Ell and Fish turned, most indicators bearish.
-S/120C
FDG
- signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG
- can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
-IFT turned slightly but Fish and Ell turning. Green LSMA appeared.
-B/300C or S/270P
MER
- uptrend - going towards establishing Wave 1
- seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
-See if TT happens then trade
MOS
- 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
-wait for reversal to upside.
MTL
- Either Wave 5 or extension of Wave 3.
-Divergence on MACD but 34EMA providing some pause - doji.
-B/135P or S/160C
POT
- Could be at Wave 3. Anyway, this stock has very good potential.
-Same as MTL.
-S/200C or 210C or B/170P
RIMM
- Almost in trading markets. could trend higher.
-S/115P
SHLD
- almost at bottom of chart.
-IFT cross -0.5 so bullish.
-B/105C & S/95P
30/4 Pre-Open
DJIA
-Don't like the Fisher and MACD potential turning - could spell some profit taking in front.
NASDAQ
-Fisher almost tapering. Monitor.
Russell
-Has divergence on MACD. If results no good, then potential profit taking ahead.
-Don't like the Fisher and MACD potential turning - could spell some profit taking in front.
NASDAQ
-Fisher almost tapering. Monitor.
Russell
-Has divergence on MACD. If results no good, then potential profit taking ahead.
30/4 News
1. GDP was 0.6% vs consensus of 0.5%
-expectation is the $168Billion pumped into economy will bring GDP to 1-2% next qtr.
2. Citibank to raise $4.5Billion via stock sale at 4% discount.
-expectation is the $168Billion pumped into economy will bring GDP to 1-2% next qtr.
2. Citibank to raise $4.5Billion via stock sale at 4% discount.
30/4 Prayer
Lord, My prayer goes for Mike of planetshakers that even as Your word says "Nothing is impossible with you", so, do as Your word says - "It is done."
My prayer also goes for Pam - that as Your word says "No good thing will You withhold, from those who walk uprightly." So, Your blessing on her will be rich, like the chocolate cake she always share with Sammi.
Amen.
My prayer also goes for Pam - that as Your word says "No good thing will You withhold, from those who walk uprightly." So, Your blessing on her will be rich, like the chocolate cake she always share with Sammi.
Amen.
30/4 Meditation
Psalm 103
Of David
Praise the Lord, O my soul;
all my inmost being, praise his holy name.
Praise the Lord, O my soul,
and forget not all his benefits -
who forgives all your sins
and heals all your diseases,
who redeems your life from the pit
and crowns you with love and compassion
who satifies your desires with good things
so that your youth is renewed like the eagle's.
The Lord works righteousness
and justice for all the oppressed.
He made known his ways to Moses,
his deeds to the people of Israel:
The Lord is compassionate and gracious,
slow to anger, abounding in love.
He will not always accuse,
nor will he harbor his anger forever;
he does not treat us as our sins deserve
or repay us according to our iniquities.
For as high as the heavens are above the earth,
so great is his love for those who fear him;
as far as the east is from the west,
so far has he removed our transgressions from us.
As a father has compassion on his children,
so the Lord has compassion on those who fear him;
for he knows how we are formed,
he remembers that we are dust.
As for man, his days are like grass,
he flourished like a flower of the field;
the wind blows over it and it is gone,
and it's place remembers it no more.
But from everlasting to everlasting
the Lord's love is with those who fear him,
and his righteousness with their children's children-
with those who keep his covenant
and remember to obey his precepts.
The Lord has established his throne in heaven,
and his kingdom rules over all.
Praise the Lord, you his angels,
you mightly ones who do his bidding,
who obey his word.
Praise the Lord, all his heavenly hosts,
you his servants who do his will.
Praise the Lord, all his works
everywhere in his dominion.
Praise the Lord, O my soul.
Of David
Praise the Lord, O my soul;
all my inmost being, praise his holy name.
Praise the Lord, O my soul,
and forget not all his benefits -
who forgives all your sins
and heals all your diseases,
who redeems your life from the pit
and crowns you with love and compassion
who satifies your desires with good things
so that your youth is renewed like the eagle's.
The Lord works righteousness
and justice for all the oppressed.
He made known his ways to Moses,
his deeds to the people of Israel:
The Lord is compassionate and gracious,
slow to anger, abounding in love.
He will not always accuse,
nor will he harbor his anger forever;
he does not treat us as our sins deserve
or repay us according to our iniquities.
For as high as the heavens are above the earth,
so great is his love for those who fear him;
as far as the east is from the west,
so far has he removed our transgressions from us.
As a father has compassion on his children,
so the Lord has compassion on those who fear him;
for he knows how we are formed,
he remembers that we are dust.
As for man, his days are like grass,
he flourished like a flower of the field;
the wind blows over it and it is gone,
and it's place remembers it no more.
But from everlasting to everlasting
the Lord's love is with those who fear him,
and his righteousness with their children's children-
with those who keep his covenant
and remember to obey his precepts.
The Lord has established his throne in heaven,
and his kingdom rules over all.
Praise the Lord, you his angels,
you mightly ones who do his bidding,
who obey his word.
Praise the Lord, all his heavenly hosts,
you his servants who do his will.
Praise the Lord, all his works
everywhere in his dominion.
Praise the Lord, O my soul.
Tuesday, April 29, 2008
29/4 Analysis
AEM
-34EMA slight downturn
-wait for bullish signals
FCX
-all indicator showing bearish signal even though scanner shows buy.
-Monitor
ISRG
-healthcare in vogue?
-turbo cci is up, FISHand Elliott Osc turning.
-S/270P or 280P
MON
-most indicators pointing south
MOS
-same as Mon, most indicators pointing south
MTL
-all indicators turning south
-S/165C
POT
-all indicators turning south
-actually 4 days ago, there was a engulfing candle
-34EMA slight downturn
-wait for bullish signals
FCX
-all indicator showing bearish signal even though scanner shows buy.
-Monitor
ISRG
-healthcare in vogue?
-turbo cci is up, FISHand Elliott Osc turning.
-S/270P or 280P
MON
-most indicators pointing south
MOS
-same as Mon, most indicators pointing south
MTL
-all indicators turning south
-S/165C
POT
-all indicators turning south
-actually 4 days ago, there was a engulfing candle
29/4 News
1. US retail sales up 0.9% over previous week. 1.9% YOY.
2. Foreclosure increase by 23% QoQ.
3. BNI beat by 0.08 - warren buffett must be making $$$.
4. MA strong beat by 0.59 !
2. Foreclosure increase by 23% QoQ.
3. BNI beat by 0.08 - warren buffett must be making $$$.
4. MA strong beat by 0.59 !
29/4 cci
Buy
M: AAPL,BIDU,FCX
W: AXP,DRYS
D: FCX,FDG,MTL,RIMM,SHLD
Sell
M: (None)
W: AEM,SHLD
D: BIDU,MON,MOS,POT
M: AAPL,BIDU,FCX
W: AXP,DRYS
D: FCX,FDG,MTL,RIMM,SHLD
Sell
M: (None)
W: AEM,SHLD
D: BIDU,MON,MOS,POT
29/4 Pre-Open
Indices
DJIA
-red candle y'day.
-today most likely down day - profitaking b4 FED?
-Fish, IFT turning.
NASDAQ
-shooting star appeared
-momentum slight drop
Russell
-cci turning down but rest of indicators still uptrend mode.
DJIA
-red candle y'day.
-today most likely down day - profitaking b4 FED?
-Fish, IFT turning.
NASDAQ
-shooting star appeared
-momentum slight drop
Russell
-cci turning down but rest of indicators still uptrend mode.
29/4 MSFT vs YHOO
So, the verdict? How serious is MSFT in acquiring YHOO? Does YHOO merit a higher price?
29/4 Visa's result
Visa beats by $0.07, beats on revs; guides for FY08 (75.63 ) : Reports Q2 (Mar) earnings of $0.52 per share, $0.07 better than the First Call consensus of $0.45; revenues rose 22.0% year/year to $1.45 bln vs the $1.43 bln consensus. V sees rev growth of 11-15% over next 3 yrs. For FY08 guidance calulates out to roughly $5.76-6.0 bln, may not compare to the $6.13 bln consensus. Co seees annual adjusted operating margin (adjusted earnings before interest and taxes) in the low 40% range; annual adjusted diluted class A common earnings per share growth of 20% or greater; annual free cash flow (cash flow from operations plus cash reimbursements from litigation escrow less capital spending) in excess of $1 billion.
Monday, April 28, 2008
28/4 Analysis
AAPL
-widening Bollinger.
-generally still bullish. Trade in direction of trend.
AEM
-2 successive days of green candles and Friday's candle engulfed Thursday.
-S/60PUTS.
BIDU
-Watch !
-red candle at 10:36. LSMA red and Fish at high (not turning yet). Elliott oscillator also at high.
-S/380 calls.
CF
-shorterm downtrend. AT10:50, evening start candle.
-Fish, IFT, Elliott and MACD all turning
-B/135C or S/160P
FCX
-ZLR mode but Fish is trending down.
-see if it breaks LSMA today.
FDG
-Bollinger band narrowing but EMA still rising.
-trade only in direction of trend. Keltner band is providing support.
ISRG
-candle hit low keltner band
-may rise as a number of indicators are showing u-turning effect.
-consider S/270P
MON
-might go down as a number of indiators are showing downtrend.
-S/130C or B/120P
MOS
-like MON
-S/140C or B/120P
MTL
-ZLR ! But Fish is turining and rest of indicators are changing.
-S/160C
POT
-almost all indicators are turning down.
-Support at 190 followed by 34EMA at 180
-S/215C
SHLD
-See if candle hits Sell SAR.
-widening Bollinger.
-generally still bullish. Trade in direction of trend.
AEM
-2 successive days of green candles and Friday's candle engulfed Thursday.
-S/60PUTS.
BIDU
-Watch !
-red candle at 10:36. LSMA red and Fish at high (not turning yet). Elliott oscillator also at high.
-S/380 calls.
CF
-shorterm downtrend. AT10:50, evening start candle.
-Fish, IFT, Elliott and MACD all turning
-B/135C or S/160P
FCX
-ZLR mode but Fish is trending down.
-see if it breaks LSMA today.
FDG
-Bollinger band narrowing but EMA still rising.
-trade only in direction of trend. Keltner band is providing support.
ISRG
-candle hit low keltner band
-may rise as a number of indicators are showing u-turning effect.
-consider S/270P
MON
-might go down as a number of indiators are showing downtrend.
-S/130C or B/120P
MOS
-like MON
-S/140C or B/120P
MTL
-ZLR ! But Fish is turining and rest of indicators are changing.
-S/160C
POT
-almost all indicators are turning down.
-Support at 190 followed by 34EMA at 180
-S/215C
SHLD
-See if candle hits Sell SAR.
28/4 Pre-Open News
Major News:
1. Walkouts in Nigeria and UK casuing 2.5% of world oil output disruption.
2. FCN's executive payout a concern.
3. BEAV and PCP are good plays during airline bull year. With 787, Cramer says coming.
4. Wrigley bought for $23 Billion by Warren Buffet + Mars.
5. Warren says we're in a recession if GDP<1% on a per capita basis.
1. Walkouts in Nigeria and UK casuing 2.5% of world oil output disruption.
2. FCN's executive payout a concern.
3. BEAV and PCP are good plays during airline bull year. With 787, Cramer says coming.
4. Wrigley bought for $23 Billion by Warren Buffet + Mars.
5. Warren says we're in a recession if GDP<1% on a per capita basis.
28/4 Pre-Open
Indices
DJIA
-cci at extreme. Fish/IFT also extreme reading.
-Ell Osc however has short term turning down.
Nasdaq
-same as DJIA.
-however, today, seems to be lower opening.
Russell
-seems to be lower opening today.
-Red sea crossing.
DJIA
-cci at extreme. Fish/IFT also extreme reading.
-Ell Osc however has short term turning down.
Nasdaq
-same as DJIA.
-however, today, seems to be lower opening.
Russell
-seems to be lower opening today.
-Red sea crossing.
Saturday, April 26, 2008
26/4 Wave count
Only an exercise:
AAPL - Approaching Wave B (it's trying to go up, though)
AEM- Seems to be after B going to C (trending down)
ANF- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
AXP - 34EMA flat now. Could not wave count.
BIDU - 34EMA in uptrend.
C - trending up. wait for u-turn signal.
CAT - Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
CF - red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
CLF - seems to be very toppish and end of a Wave 3. See how it goes.
DRYS - seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
FCX - near Trend 3 and turning?
FDG - signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
AAPL - Approaching Wave B (it's trying to go up, though)
AEM- Seems to be after B going to C (trending down)
ANF- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
AXP - 34EMA flat now. Could not wave count.
BIDU - 34EMA in uptrend.
C - trending up. wait for u-turn signal.
CAT - Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
CF - red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
CLF - seems to be very toppish and end of a Wave 3. See how it goes.
DRYS - seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
FCX - near Trend 3 and turning?
FDG - signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.
ISRG - can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
MER - uptrend - going towards establishing Wave 1
MON - seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
MOS - 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
MTL - Either Wave 5 or extension of Wave 3.
POT - Could be at Wave 3. Anyway, this stock has very good potential.
RIMM - Almost in trading markets. could trend higher.
SHLD - almost at buttyon of chart.
26/4 Trading and trending markets
From John Murphy's "introduction to technical indicators and oscillators":
Because leading indicators generate more signals, they are best used in TRADING markets. These indicators can be used in TRENDING markets, but usually with the MAJOR TREND, not against it.
In a market that is trending up, the best use is to help identify oversold conditions for buying opportunities and vice versa.
Because leading indicators generate more signals, they are best used in TRADING markets. These indicators can be used in TRENDING markets, but usually with the MAJOR TREND, not against it.
In a market that is trending up, the best use is to help identify oversold conditions for buying opportunities and vice versa.
26/4 Important week ahead
In brief,
1. Earnings reports from over 100 S&P 500 members
2. FOMC meeting
3. Influential economic data that includes the advanced read for Q1 GDP, personal income and spending, the ISM Index and the April employment report.
1. Earnings reports from over 100 S&P 500 members
2. FOMC meeting
3. Influential economic data that includes the advanced read for Q1 GDP, personal income and spending, the ISM Index and the April employment report.
Friday, April 25, 2008
25/4 Analysis
AAPL
-180/200 calls will be active.
AEM
-wait for u-turn signals
ANF
-IFT already turn.
-Consider 75 calls or 70 puts.
CF
-IFT turning and cci dropping.
-130 calls
FCX
-red sea crossing with red LSMA
-FISH & Ell crossing & cci turning down.
ISRG
-range trading & cci reducing.
-MONITOR !!!
MTL
-turning down - cci, FISH, IFT, Elliott.
-MONITOR !!!
-180/200 calls will be active.
AEM
-wait for u-turn signals
ANF
-IFT already turn.
-Consider 75 calls or 70 puts.
CF
-IFT turning and cci dropping.
-130 calls
FCX
-red sea crossing with red LSMA
-FISH & Ell crossing & cci turning down.
ISRG
-range trading & cci reducing.
-MONITOR !!!
MTL
-turning down - cci, FISH, IFT, Elliott.
-MONITOR !!!
25/4 Analysis of cci
AIG - no trend form
BNI - ZLR uptrend
CSX - ZLR up
LEH - could not see
MER - no trend yet.
RIMM - red sea crossing? opening at midpoint. 34EMA uptrend.
- support at 121 trendline.
CLF - red sea crossing. however, still 34EMA uptrend but Fish and Elliott turning. W/Options at 165.
DE- red sea crossing. Fish and Ell turning.
DRYS - wait for red LSMA.
X - seeing selling pressure for 3 days. Fish and Elliott turning.
BNI - ZLR uptrend
CSX - ZLR up
LEH - could not see
MER - no trend yet.
RIMM - red sea crossing? opening at midpoint. 34EMA uptrend.
- support at 121 trendline.
CLF - red sea crossing. however, still 34EMA uptrend but Fish and Elliott turning. W/Options at 165.
DE- red sea crossing. Fish and Ell turning.
DRYS - wait for red LSMA.
X - seeing selling pressure for 3 days. Fish and Elliott turning.
25/4 Pre-Open
DJIA
-Most of the indicators are on uptrend except Elliott.
-One more thing - 13000 is in sight. Important Resistance.
-Suppport seems to be at 12700.
NASDAQ
-downward pointing cci - sign of waning momentum ?
-it might do red sea crossing if red LSMA appear.
Russell
-range bound between 700 and 720.
-cci is turning down however, but if reject, it should go up fast.
-IFT RSI also testify - hovering +0.5
-monitor
Major News
1. Microsoft hold tough Yahoo stance. Anyway, one more day.
2. Merill Lynch yields drop - signs of people becoming less risk-averse?
3. Dollar Hits 1 month high against major currencies
Thursday, April 24, 2008
24/4 Floor talk
Rally in the dollar leading to weakness in commodity related sectors
The dollar's ascent that began on a short covering rally/profit taking combined with outright euro selling overnight has sent the dollar to fresh gains on the week and a retracement of nearly 200 points on the euro's record runup (currently at $1.5703/euro). Strong durable goods orders this morning also helped, but the weaker than expected New Home Sales data has slowed the pace of the dollar gains... The increase in the dollar is having an impact on the dollar sensitive commodity sectors this morning, with a notable reaction taking place in the ag space. The ag space has benefited primarily from high prices, with the weaker dollar fueling exports. The group has shown leadership recently, but is seeing a second day of profit taking taking today, with MOS -6.2%, POT -4.5% (also reported earnings), CF -7.5%, TRA -4.5% (reported earnings), MON -4.2%, AGU -4.0%... Other sensitive sectors such as steel (SLX -3.2%), gold (GDX -2.7%, GLD -1.7%), Silver (SLV -2.0%), oil (XLE -2.3%, OIH -2.5%, USO -0.6%) are weaker as well.
The dollar's ascent that began on a short covering rally/profit taking combined with outright euro selling overnight has sent the dollar to fresh gains on the week and a retracement of nearly 200 points on the euro's record runup (currently at $1.5703/euro). Strong durable goods orders this morning also helped, but the weaker than expected New Home Sales data has slowed the pace of the dollar gains... The increase in the dollar is having an impact on the dollar sensitive commodity sectors this morning, with a notable reaction taking place in the ag space. The ag space has benefited primarily from high prices, with the weaker dollar fueling exports. The group has shown leadership recently, but is seeing a second day of profit taking taking today, with MOS -6.2%, POT -4.5% (also reported earnings), CF -7.5%, TRA -4.5% (reported earnings), MON -4.2%, AGU -4.0%... Other sensitive sectors such as steel (SLX -3.2%), gold (GDX -2.7%, GLD -1.7%), Silver (SLV -2.0%), oil (XLE -2.3%, OIH -2.5%, USO -0.6%) are weaker as well.
24/4 Analysis
AEM
-Strong downtrend.
-play rebounce.
ANF
-IFT punching through -0.5 and GREEN LSMA came out on cci.
-Monitor
CAT
-3 bearish candles see if today go below red LSMA
-Monitor
CF
-Red sea crossing. Fish is turning and red LSMA appeared.
-Sell 160 calls or buy 140 puts.
CLF
-Monitor and see if downward
-strong stock espeically in last one month.
DRYS
-Seems to be exhaustion.
-Monitor
FCX
-Bearish engulfing
-Monitor
FDG
-Bearish candlesticks.
-Monitor
MER
-Bearish candlesticks,
-May find support at 34EMA.
MON
-Signs of retracement.
-Fish is turning and red LSMA.
MOS
-same as MON
MTL
-Bearish engulfing
-MONITOR
POT
-Bearish engulfing
-MONITOR
-188 will be 38% retracement.
-just announced beat by 0.20
-Strong downtrend.
-play rebounce.
ANF
-IFT punching through -0.5 and GREEN LSMA came out on cci.
-Monitor
CAT
-3 bearish candles see if today go below red LSMA
-Monitor
CF
-Red sea crossing. Fish is turning and red LSMA appeared.
-Sell 160 calls or buy 140 puts.
CLF
-Monitor and see if downward
-strong stock espeically in last one month.
DRYS
-Seems to be exhaustion.
-Monitor
FCX
-Bearish engulfing
-Monitor
FDG
-Bearish candlesticks.
-Monitor
MER
-Bearish candlesticks,
-May find support at 34EMA.
MON
-Signs of retracement.
-Fish is turning and red LSMA.
MOS
-same as MON
MTL
-Bearish engulfing
-MONITOR
POT
-Bearish engulfing
-MONITOR
-188 will be 38% retracement.
-just announced beat by 0.20
24/4 CCI
Buy:BDX, GRMN,WMT
Sell: BIDU,BUCY,FCX,FSLR,MON,MOS,PCU,POT,STLD
Note: The previous 3 days cci data are wrong.
Sell: BIDU,BUCY,FCX,FSLR,MON,MOS,PCU,POT,STLD
Note: The previous 3 days cci data are wrong.
24/4 Pre-Open
Major Indices
DJIA
-cci still at 93 (close to minor resistance)
-waiting for red LSMA to happen
NASDAQ
-cci @ 118 - mainly due to apple?
Russell
-cci at slight ZLR uptrend.
Major News:
1. Starbucks cautious outlook.
2. Apple beat by Macs by iPod only 1% growth
3. Motorola loss widens due to phone
4. Credit Suisse writes down 5B and Barclay warns
DJIA
-cci still at 93 (close to minor resistance)
-waiting for red LSMA to happen
NASDAQ
-cci @ 118 - mainly due to apple?
Russell
-cci at slight ZLR uptrend.
Major News:
1. Starbucks cautious outlook.
2. Apple beat by Macs by iPod only 1% growth
3. Motorola loss widens due to phone
4. Credit Suisse writes down 5B and Barclay warns
Wednesday, April 23, 2008
23/4 Analysis
AAPL
-uptrend posture
-earnings tonite.
AEM
-Red sea crossing !!!!
-Fish able to identify turning.
-IFT RSI triggered, now at 0. If pattern correct, wait for TT on cci or U-turn on IFT RSI.
ANF
-ZLR to south + downward slopping 34EMA
-may go down further.
-From briefing: Abercrombie initiated with a Sell at BWS Financial; tgt $50 (74.06 ) : BWS Financial initiates ANF with a Sell and price target of $50 saying the invincible strength of teenager's disposable income seems to have a crack in its armor. Firm says the softer economic trends put the Company at risk for lower sales in the coming quarters. ANF targets are mostly dependent on their parent's nondiscretionary funds to receive disposable income to be able to buy at ANF.
-need today's candle to close above half of y'day's candle in order to confirm reversal, otherwise, it might go south.
BIDU
-wait for signal - cci already turning
-fundamentally, it is still strong b'cos of china story and also GOOG's results.
C
-wait for red LSMA for red sea crossing but the range is not big.
CAT
-3 successive red candles for day for monthly cci still in ZLR !
-34EMA still uptrend so trade when ZLR since CAT still fundamentally good stock.
CF
-Earnings Apr 24 AMC
-Can look to enter tomorrow since fetilizer company doing well.
CLF
-Fish at extreme
-see if u-turn
DRYS
-seems to be shooting (down) star - exhaustion?
-resistance at 87
-34EMA is turning up finally.
-is valentine's day pattern going to repeat?
FDG
-Sell SAR signal appeared, all signals pointing south at the top.
-Crude oil inventories build just came out:
-From Briefing:Dept of Energy reports that crude oil inventories had a build of 2421K (Bloomberg consensus is a build of 1500K); gasoline inventories had a draw of 3179K (Bloomberg consensus is a draw of 2000K); distillate inventories had a draw of 1377K (Bloomberg consensus is a draw of 50K).
-May 60 Puts or 65 calls.
ISRG
-IFT RSI reach oversold but cci lessening downward momentum.
-wait for u-turn signal -better not to pre-empt
MON
-long red tail candle
-seems that AG stock retracement - will check 60 mins later to get Support and Resistance.
MOS
-same as MOS
-detail analysis later.
MTL
-bearish engulfing candlesticks
-red LSMA appeared, FISH also turning down while stock at high.
-MONITOR!
RIMM
-seems to want red sea crossing but green candle today.
-I think they waiting to see AAPL performance.
-quite a fair bit of PUTS sales at 110
SHLD
-34EMA sloping down but green candle today - see if it breaks through more than half for bullish stance.
-short ratio at 11 so if it recovers, it will rise....hmmmm......
-uptrend posture
-earnings tonite.
AEM
-Red sea crossing !!!!
-Fish able to identify turning.
-IFT RSI triggered, now at 0. If pattern correct, wait for TT on cci or U-turn on IFT RSI.
ANF
-ZLR to south + downward slopping 34EMA
-may go down further.
-From briefing: Abercrombie initiated with a Sell at BWS Financial; tgt $50 (74.06 ) : BWS Financial initiates ANF with a Sell and price target of $50 saying the invincible strength of teenager's disposable income seems to have a crack in its armor. Firm says the softer economic trends put the Company at risk for lower sales in the coming quarters. ANF targets are mostly dependent on their parent's nondiscretionary funds to receive disposable income to be able to buy at ANF.
-need today's candle to close above half of y'day's candle in order to confirm reversal, otherwise, it might go south.
BIDU
-wait for signal - cci already turning
-fundamentally, it is still strong b'cos of china story and also GOOG's results.
C
-wait for red LSMA for red sea crossing but the range is not big.
CAT
-3 successive red candles for day for monthly cci still in ZLR !
-34EMA still uptrend so trade when ZLR since CAT still fundamentally good stock.
CF
-Earnings Apr 24 AMC
-Can look to enter tomorrow since fetilizer company doing well.
CLF
-Fish at extreme
-see if u-turn
DRYS
-seems to be shooting (down) star - exhaustion?
-resistance at 87
-34EMA is turning up finally.
-is valentine's day pattern going to repeat?
FDG
-Sell SAR signal appeared, all signals pointing south at the top.
-Crude oil inventories build just came out:
-From Briefing:Dept of Energy reports that crude oil inventories had a build of 2421K (Bloomberg consensus is a build of 1500K); gasoline inventories had a draw of 3179K (Bloomberg consensus is a draw of 2000K); distillate inventories had a draw of 1377K (Bloomberg consensus is a draw of 50K).
-May 60 Puts or 65 calls.
ISRG
-IFT RSI reach oversold but cci lessening downward momentum.
-wait for u-turn signal -better not to pre-empt
MON
-long red tail candle
-seems that AG stock retracement - will check 60 mins later to get Support and Resistance.
MOS
-same as MOS
-detail analysis later.
MTL
-bearish engulfing candlesticks
-red LSMA appeared, FISH also turning down while stock at high.
-MONITOR!
RIMM
-seems to want red sea crossing but green candle today.
-I think they waiting to see AAPL performance.
-quite a fair bit of PUTS sales at 110
SHLD
-34EMA sloping down but green candle today - see if it breaks through more than half for bullish stance.
-short ratio at 11 so if it recovers, it will rise....hmmmm......
23/4 Pre-open
Indices
-Major indices in ZLR posture to uptrend.
-60 mins bars in Wave 5 mode.
News:
1. YHOO beat but analyst says MSFT won't increase price of bid.
2. Boeing earnings jump due to aircraft orders
3. The street says Fed might not cut rates due to inflation and crude oil price.
-Major indices in ZLR posture to uptrend.
-60 mins bars in Wave 5 mode.
News:
1. YHOO beat but analyst says MSFT won't increase price of bid.
2. Boeing earnings jump due to aircraft orders
3. The street says Fed might not cut rates due to inflation and crude oil price.
Tuesday, April 22, 2008
22/4 Pre-Open
Major Indices:
-cci coming down - almost exit point if below 100
-however, 34EMA is slight uptrend - hence, still uptrend
Major News:
1. MCD beat by 0.11
2. T in-line
3. TXN gave in-line forecast but have higher inventory levels.
4. Home Sales fell 2%, inventory increase
Interesting:
1. CPO beat - what they do btw?
-cci coming down - almost exit point if below 100
-however, 34EMA is slight uptrend - hence, still uptrend
Major News:
1. MCD beat by 0.11
2. T in-line
3. TXN gave in-line forecast but have higher inventory levels.
4. Home Sales fell 2%, inventory increase
Interesting:
1. CPO beat - what they do btw?
Monday, April 21, 2008
April 21
Pre-opening
Indices still maintaining TT. IFT/RSI puching thru +0.5.
Need to punch thru 12966. Now, assumption is on new Wave 1 since new multi-months high made.
Major News:
1. Bellweather MRK reported 3 cents ahead.
2. Google's explosive growth to watch.
3. Bank of England pump $100billion to boost liquidity.
Indices still maintaining TT. IFT/RSI puching thru +0.5.
Need to punch thru 12966. Now, assumption is on new Wave 1 since new multi-months high made.
Major News:
1. Bellweather MRK reported 3 cents ahead.
2. Google's explosive growth to watch.
3. Bank of England pump $100billion to boost liquidity.
Sunday, April 20, 2008
Pre-analysis for 21 - 25 April
AAPL
-Rejecting upward slopping 34 EMA & on top of Bollinger band
-S/May150P or B/165C or 170C(61.8%)
AEM
-Aiming for upward slopping 34EMA with Red candle gapped down from 17 April - potential RED SEA crossing.
-S/M75C or B/70P
ANF
-Aiming for downward slopping 34EMA with long green. 75 is the support/resistance line that always alternate till now.
-21/4 - see if it ZLR with enough cci points. if yes, S/75C.
AXP
-Decending triangle. Need to take out 48/50 to see if new trend.
-Otherwise, Last price above sideways 34EMA.
-B/45 - 50 C or S/42.5P
BIDU
-Seems to me it's trying to create Wave 1 of new trend.
-Rejecting upward slopping 34EMA.
-S/280P or B/400C
C
-Sideways 34EMA. Candle rejecting 34EMA but Red candle does not augement well. Narrowly traded by since red candle out of keltner band, it is most likely to go back red Keltner band.
-21/4 another red candle today? monitor
CAT
-upward slopping 34EMA. Closing candle stuck on Bollinger.
-New trend form by rising triangles.
-S/75 or 72.5C.
-21/4 Doji today.
CF
-Above 34EMA. Prepare for the stock to U-turn b4 going in.
-Fisher is at extreme 2.
-wait fo signal or shooting star.
CLF
-Same as CF.
-21/4 shooting star at 1009hrs.
DRYS
-Gradually upward slopping 34EMA.
-Rejection of 34EMA also.
-S/65P or B/???
-wait for ZLR to North.
FCX
-upward slopping 34EMA.
-wait for signs.
FDG
-Upward slopping 34EMA.
-AS closing bar happens near top of vein, this will help retracement.
-Observe on Monday - if bearish, then Sell 65 or 70C.
-21/4 Green bar but Fisher turning. Wait for IFT RSI or CCI to show retracement.
ISRG
-34EMA going down. found support at 61.8% and cci at -200 extremes.
-wait for IFT RSI to turn then potential to go in.
MER
-34EMA going sideways.
-21/4 Red candle today. 2 successive candles since Friday.
-buy 45 puts if TT south.
MON
-34EMA upward.
-21/4 RED LSMA today. wait for some retracements. might look to 130 calls.
MOS
-34EMA upwards
-21/4 Fisher turning from extreme. Wait for red LSMA and IFT RSI to u-turn.
MTL
-34EMA upwards.
-21/4 Potential VT/Ghost. Wait for red LSMA or Fish/IFT turn.
POT
-34EMA sharp angle upwards - reacting to china's potash price increase?
-wait for signal even though Fisher turning from extreme.
RIMM
-34EMA upwards. SAR has buy signal but red candle today.
-await breaking of 125 first, then it will be bullish since multimths high.
SHLD
-34EMA sideways.
-However, SHLD striked with negative news lately by withdrawal of credit.
-B/90P or S/105C
-Rejecting upward slopping 34 EMA & on top of Bollinger band
-S/May150P or B/165C or 170C(61.8%)
AEM
-Aiming for upward slopping 34EMA with Red candle gapped down from 17 April - potential RED SEA crossing.
-S/M75C or B/70P
ANF
-Aiming for downward slopping 34EMA with long green. 75 is the support/resistance line that always alternate till now.
-21/4 - see if it ZLR with enough cci points. if yes, S/75C.
AXP
-Decending triangle. Need to take out 48/50 to see if new trend.
-Otherwise, Last price above sideways 34EMA.
-B/45 - 50 C or S/42.5P
BIDU
-Seems to me it's trying to create Wave 1 of new trend.
-Rejecting upward slopping 34EMA.
-S/280P or B/400C
C
-Sideways 34EMA. Candle rejecting 34EMA but Red candle does not augement well. Narrowly traded by since red candle out of keltner band, it is most likely to go back red Keltner band.
-21/4 another red candle today? monitor
CAT
-upward slopping 34EMA. Closing candle stuck on Bollinger.
-New trend form by rising triangles.
-S/75 or 72.5C.
-21/4 Doji today.
CF
-Above 34EMA. Prepare for the stock to U-turn b4 going in.
-Fisher is at extreme 2.
-wait fo signal or shooting star.
CLF
-Same as CF.
-21/4 shooting star at 1009hrs.
DRYS
-Gradually upward slopping 34EMA.
-Rejection of 34EMA also.
-S/65P or B/???
-wait for ZLR to North.
FCX
-upward slopping 34EMA.
-wait for signs.
FDG
-Upward slopping 34EMA.
-AS closing bar happens near top of vein, this will help retracement.
-Observe on Monday - if bearish, then Sell 65 or 70C.
-21/4 Green bar but Fisher turning. Wait for IFT RSI or CCI to show retracement.
ISRG
-34EMA going down. found support at 61.8% and cci at -200 extremes.
-wait for IFT RSI to turn then potential to go in.
MER
-34EMA going sideways.
-21/4 Red candle today. 2 successive candles since Friday.
-buy 45 puts if TT south.
MON
-34EMA upward.
-21/4 RED LSMA today. wait for some retracements. might look to 130 calls.
MOS
-34EMA upwards
-21/4 Fisher turning from extreme. Wait for red LSMA and IFT RSI to u-turn.
MTL
-34EMA upwards.
-21/4 Potential VT/Ghost. Wait for red LSMA or Fish/IFT turn.
POT
-34EMA sharp angle upwards - reacting to china's potash price increase?
-wait for signal even though Fisher turning from extreme.
RIMM
-34EMA upwards. SAR has buy signal but red candle today.
-await breaking of 125 first, then it will be bullish since multimths high.
SHLD
-34EMA sideways.
-However, SHLD striked with negative news lately by withdrawal of credit.
-B/90P or S/105C
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