frankz

The terrorist attacks in Paris it's a horrible situation.  The last thing most people are thinking of right now is the market. However, it will be in the forefront come Sunday night for those who make a living from the market. As a possible point of reference below we have the SP500 and VIX charts from the 9/11 incident and the Boston marathon bombing in 2013.9/11/2001 terrorist attacksBoston bombing 4/15/2013Gold 9/11 GLD Boston MarathonWe have no idea how the Paris attacks play out for the market next week, these are just possible road maps.Work With MeStay Informed

The SP500 has pulled back 3.6% from its recent high; it was just a few days ago that the financial twitter stream was telling us that we were going to go straight up until year end.  Many reasons were given, no rate cut, money on the sidelines, managers underperforming that need to catch up, high short interest, seasonality etc...Now after this pullback it seems like everyone forgot all the positives that they were mentioning just a few days ago, they are still there. What we want to do now is perhaps take advantage of this natural retracement after the big [...]

The SP500 started the year at 2,058.90, for the first eight months the market traded sideways, rocking everyone to sleep until late August when it decided to pull the rug on us.  If you remember those first eight months, the market went up, went down, making everything look rosy, but in actuality individual stocks were deteriorating underneath.  However, every time the market started to find its footing it was pulled back right to its year to date breakeven level, that level was protected until it finally gave way on 8/20/2015.  Very simply, that level has been a magnet.  In the last [...]

Currently $GLD has an RSI(14) below 20, this has happened 23 times in the last 4 years, and it has produced a perfect track record, 23 out of 23 if you exited the position 20 trading days later.--PastStatSeasonally speaking, over the last 15 years GOLD has done well during the period of November 18 until about December 3rd. ---AlmanacTraderYou combine these two studies together and you have a slight edge over a random outcome.Work With MeStay Informed

The current market trajectory continues to move along in a similar fashion to the correction of 2011.  As you can see on the chart below, in October of 2011 the market had a decent rally similar to the one we just had that took the SP500 slightly above year to date break even and above the 200 day moving average.  After some back and forth action, the SP500 pulled back roughly 9% inside of 2 weeks.  If we continue to follow in the steps of 2011, the pullback should start accelerating now.  I don't know if we are going to [...]

$OIH long trade with 29/29 wins, average gain of +1.23%, signal NR7 LINKWork With MeStay InformedSource; PastStat

One of the most interesting things we will probably hear about over the next few days is the fact that FMR LLC (Fidelity) sold 17,385,009 shares of $GOOGL and 19,333,678 shares of $GOOG, their entire stake.  I find it amazing that they sold their entire stake, GOOGLE is a big cap name that just recently hit an all-time high, an SP500 component, liquid growth name that allows big institutions to park big money.  Do they know something?via HedgemindWork With MeStay Informed

After 3 phone calls from brokers, a text from a friend, and seeing it numerous times on twitter, there's not a person in the world that does not know that the SP500 after 5 down days in a row is due for a bounce.Here are a couple of studies;SPX setting up for a bounceWhat happens after 4 down daysThere's so much information now freely available that it doesn't matter who gets it, its who can execute them that matters.Work With MeStay Informed

$SSO long set up, with 33/34 wins, average win 2.14%  LINK$XLV long set up, with 37/38 wins, average win .87%  LINK$SPY long set up, down 4 days in a row, 32/33 wins in last 4 years, average gain .96%  Quant Ideas PastStatWork With MeStay Informed

Dealbook put on a great conference last week with some great speakers, one of them being Carl Icahn.  I'm not a big fan of discussing what stocks or assets they like or dislike because if they change their mind about the investment above, and we probably won't know about it.  More importantly just like everyone else Carl is going to be wrong half the time, we are all aware how his "DANGER AHEAD" call is working out.  However, you can always pick up some investment principles of what makes him successful; those are a lot easier to replicate than his [...]