Friday, October 19, 2012

Friday thoughts

327
imo, looking at daily, es continues sideways daily, obviously big move lower today but still over the 1410 breakout point. will be watching to see what es and spx do in coming days weeks

119
also notice that TLT has only bounced up to yesterdays high, where it was harshly rejected,

119
some individual stock components may be waking up here, watching to see if it affects the spx with intraday bounce or not, last es 1434

117
 poss bounce coming now on ES at es 1434.
 it could be big, idk, watching

1030
added more silver here via AGQ. May sell half of it later today, and keep half, as swing

\1001
Silver is still buyable here for swing imo

957
bought IBM long, starter position, swing. see links in yellow bhelow for port details.


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Thursday, October 18, 2012

Thurs thoughts



Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

1149
 as mentioned before,,,spx often breaks higher on the 3rd or 4th test of resist highs on daily chart
es is still 10 points away from prior high

1146
swing longs in oil, silver, spx, upro all green atm, but not at targets yet,,,holding for the higher targets


1115
still same trgts on oil, higher


1105
ES array is same as 2 days ago post at noon: 1452 ES trgt, . If the 1452 breaks higher, then next trgt 1456, 1464, 1468, 1488 ... for swings i remain long and will continue to wait to short this market


 10:37
For es, still using the same array as 2 days ago, same swing targets, still long silver agq oil uco spx upro


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Wednesday, October 17, 2012

wedn thoughts

354
i think 1445 spx will be bought on first trip down there, if it decides to move lower b4 higher

351
swing,,still have 25% of entire port in UPRO for now, long spx

128
looks like silver wants another higher hi intraday

119
ES still on 72% long scalpl, may hit 74% in next few minutes,watching

111
oil close to 72% scalp long signal

105
long upro at es 1456,,,may exit the UPRO today

1155
obviously this is an easy spot to see to take partial profit on silver, simple resist not complex, testing high from 2 days ago simple resist

1153
also market makers support is at 85.50 intraday level so it has a good chance of going there at least lower

1151
still think higher CAT, but taking the gift. not much profit but 1% gain better than 3% loss,,,CAT should go up another 1% but not worth risk imo for now,,,will regroup on it later, maybe. money better spent in oil and silver now imo

1142
watching CAT here, and might exit it and re-evaluate it, for a small profit 1% or breakeven,,,it was red 3% so may take the gift here to exit,,,but waiting for now

1130
silver breaking higher, new intraday hi just made

1116
72% rang, long es bias, "up here" at 1454,intraday signal

1015
CAT has now moved to breakeven point after having been down 2-3%, but i am electing to keep hold the  position instead of "escaping" exit now

1010
1452 and 1456 targets have been hit :) .... reaction here should give clues as to whether 1464 is next


1000
 ES array is same as yest noon post: 1452 ES trgt, . If the 1452 breaks higher, then next trgt 1456, 1464, 1468, 1488 ... for swings i remain long and will continue to wait to short this market

949
TLT hit its lower trgt 121 this morning. nice move up for TMV as a result.
On sidelines now watching TLT, to see if a long or short opp presents.
Still see lower TLT later, but waiting for now since it can bounce. but also not wantint to trade the bounce long just yet if at all via TMF.

938
bought agq, long silver

927
watching to see if oil futures can get over 94.00 or better yet 94.30. not sure if it happens today or not, but charts are suggesting a possible breakout over this important resistance level. last oil still only at 92.40 so watching to see what it does.   will be observing action in oil futures /CL   and etfs USO  UCO

For now, i remain long oil via UCO, at about 7% gain now, but looking for 15-30% gains later.

Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Tuesday, October 16, 2012

Tues thoughts

1006
ES array is same as yest noon post:  1452 ES trgt, last 1448. If the 1452 breaks higher, then next trgt 1456, 1464, 1468, 1488 ... for swings i remain long and will continue to wait to short this market

308
CAT swing remains red 1.73%, but still see higher CAT for swing, it can move fast, like a 2x or 3x etf

306
holding the oil

306
took 4.5% profit from TMV bought yest, and will look to reenter again later
 still see higher tmv, lower tlt, but will wait to reload on it, since portfolio has other open positions

241
exited AXP long with small profit, dont want to risk holding thru earnings, tho it looks like it will go higher

221
oil waking up now?

205
TLT made lower low as expected, still see lower

140
TLT now testing near low of day, and looks breakable for a lower low,,,higher TMV

137
74% es long bias intradat rang, watching to see if it breaks 1450

1209
increasing volume right now, could see a move on ES

1156
1452 ES trgt, last 1448. If the 1452 breaks higher, then next trgt 1456, 1464, 1468, 1488 ... for swings i remain long and will continue to wait to short this market

of course quick short trades can work also, i'm just electing to wait for now. .... the timeframe that one intends to hold is a big factor.

1115
TMV and UCO from yest are at 4% and 5% trgt gains, small port holding all, larger port taking some off

1106
TLT time analysis suggests 2-4 hours more down in treasuries

1033
 treas TLT timing analysis suggests bearish TLT another 2-4 hours

830ish
ES is up 7 points so spy upro tna are gapped up at the moment. traders could take quick profits premarket here if they bought yesterdays close, as posted in the blog at yesterdays close

Trades can be viewed at the links below.

http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1

For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Monday, October 15, 2012

Monday thoughts

404
looks like a possible gap UP on SPX tomorrow

358
i'll hold half the oil and tmv, took quick 5 hour profit on other half, still have everything else swing, giving it time

1223
SCO up 2%ish since entry earlier today, TMV up 1%ish, scalp trgt 1 here, higher scalp and swing targets.

1039
oil sco long 2978 could work here, scalp or swing, i'm not buying more since already in from lower prices but this buyable imo

1035
swing,bought TMV back again, frequently trade tmv tmf tlt tbt, tmv is 3x bear short of treasuries


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Friday, October 5, 2012

Friday thoughts

401
when the bear pattern does fail, new highs often result instead, about 2% higher than previous high

401
today ES has a bearish shoot star candle, but there are several things to suggest it will not signal a reversal, or a large one if it does pullback. Shoot stars need confirmation, and other things need to support them to be effective.

352
8590 cat mini trgt

351
 lim sell axp 5897 if able else will hold

309
on daily es, this is the third try to break 1468ish,,,it failed thus far on the third try,,,but there's also common saying "beware shorting the third try at a high"...often breaks higher, swing

204
oil waking up

134
they just raised the buy level on ES...to 1458

133
Investment banks right now have dropped their buy level, with a sell level at 1467ish ES

130
1454 next supp under that

129
an es minor break here down to 1457 1458 and then bounce up would be a headfake down,,watching if it sustains under 1457 if it gets there for no headfake,,1460 last

110
may bounce in 18 minutes signal rang at 1461.40 es

108
TLT is likely to test lower to 120.70 area, the question is, does it bounce first and allow re-shorting?

104
CAT 60min chart has a mini bull inv HS, and dbl bottom on it,,,see it?

101
72% rang es

1252
sold half uco
sold half at avg cost,,,of oil,,,avg down intraday accomplished its purpose, avg cost on uco 29.47

1203
added UCO

1129
es 1458 support level

1119
70% ES long rang, not 72% yet

1117
bought oil long, via UCO,,,STARTER position only
if oil moves today, will take profits, else will hold overnight

1055
market makers are interested in buying nugt at todays low, fwiw

for swings that would be bullish for gdx nugt,,,tho i'm on the sidelines now,,,exited yesterday,,,nugt did hit the posted 1850 trgt,,,see a pb then over 1850 later

1034
altern is to just place a stop under low of day in tmv,,,but range so narrow that stop will prob get hit, so taking it a bit higher off here

1033
TLT may try to make a sudden move higher, if it does i will reshort tlt via tmv,,,i still plan to re-enter TMV,,just want out now because its range is very small after a decent 3% move higher this morn in TMV

1031
out of TMV for now, looking to buy again later

1022
1468 es is simple clear easy to see resist,,,but imo there is enough momentum to break it higher today.... "rule" says resist is resist until broken of course, something to watch,, 1472 es for ex

1014
axp tested yest hi, pulled back to near yest close, where i bought it,,,,next test of yest hi it can break it higher

1013
axp, one of the dow 30, daily looks like it wants to test 5940 area, daily macd recent hist cross over 0, stoch mvoing over 62,

1003
Market Maker reports: intraday only, atm, they are in trade mode, no bias up or down, but "trade mode" does tend to favor the direction of the existing trend, in this case up

951
also imo,,,for newer traders, or traders with struggling accounts: simple approach to fix that:  trade less frequently, pick your spots, and trade LONGSIDE only ... again its not that i'm a bull, but statistically market spends more time sideways or up, than down. Even in a bear market.  Fantastic gains can be made shortside, but it's trickier and harder, statistically.

948
es 1468 next trgt,,, know it sounds like a broken record but still not swing shortable at 1468 trgt imo,,,will wait for 1488, or a different chart landscape at 1460s


942
CAT is now finally shifting into 3rd gear,,,now leading finally, CAT up 1.4% vs spy up 0.5%
TMV also up nicely today, 3% while AA up 2%


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Thursday, October 4, 2012

thurs thoughts

352
exited NUGT, took profit, will look to reenter again later,,,exited only to reduce risk and # of open positions, still see higher nugt gdx,, NUGT may revisit 1750 area lower before 1850--2000, unsure

212
nice day for AA today, its up 3% vs 0.65%,,i remain long AA swing

154
if ES tests 1457 again, its likely to break it higher

146
78% rang and remains valid intraday as long as es over 1451.50
under that would invalidate it

143
78% es long is almost ready to ring, has not rung yet, despite being near daily highs

142
next 5 candles on the ES may determine its direction for rest of day,,watching here now

141
LOL the NUGT is stuck exactly at the interim resist here,,,still see 1851 tho, 1817 last

135
the "ES might pb" warning is now significantly less risk,,less poss of the pb,,,but tite stops still make sense for scalps

135
Large port, took off half NUGT here at resist trgt to lock gains profits,,,small port holding 100% for higher

133
NUGT at the 1814 resist area, watching reactions, still see 1850 after

130
if scalping tighten stops makes sense
 es still expected higher, but some intraday signals say it might pb,,,
 getting "battling algo" signals, impossible to tell what it will do
 swings, no change,,,intraday only

122
new daily highs on gdx nuigt

108
1814 resist on nugt b4 the 1850 trgt

1249
1850 interim nugt trgt, last 1790

1234
Tues  3pm analysis predicted Wedn green,,,thurs analysis suggests that 1460 breaks higher on es coming hours days

1234
i still believe the 1460 breaks, multiday pattern continues to act as expected thus far

1147
GDX  NUGT testing near high of day now, breakable higher imo

1124
aggressive could buy here 1452 ES,,,i'm not buying since already have enough from lower, but could work

1116
NUGT   GDX holding near the highs here intraday

1100
: ES trying to break here higher,,,watching if it makes it

1044
CAT has now broken its bull flag, ahead of ES,,,will ES follow? prob

1040
CAT is beginning to lead DOW SPX a bit on the 3min charts, watching to see if it continues or not

1021
watching next 2 candles on 3min chart

1018
74% ES rang, idk if it pulls back b4 higher but 74% suggests it may not

1016
TNA from yest post now at trgt 2,,,holding for trgt 3 higher makes sense with tite stop, on remaining half

1015
ES remains at 72% long bias even up here, has not changed

1012
CAT has STILL not really joined the rally club,,,cat underperforming the SPX for now, idk if it will join, but if it does, watch out above :D

1008
i wouldnt even short 1468 es yet, because it can hang out in a 3-4 point range if it does happen to get up there in coming hours days

1000
they just dropped the ask, on es

957
1455 is market maker sell level ahead of news in 3min

947
TLT shorts swing,,,time analysis suggest it may make a nice move lower in 6-9 days hold time,,,holding the tmv for now

944
GDX nugt are on a "hold for 1-3 days" for higher setup as well

943
ES may test 1460 today and break it higher, imo,, no guarantees of course but pattern continues to act as expected, got the green day yesterday as expected, next step 1460 and break



Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Wednesday, October 3, 2012

Wedn thoughts

233
the CAT might be done with its nap, if it can get over 8500 here, intraday,,,similar to yesterdays wake up

122
hit 1447.50 es,,,watching to see if it triggers anything or not

118
traders that like tite stops could do es here 1447, stop 1446.50 or 1445.75,,,i['m not trading it that way

114
rationale: that would violate a market maker sell level at 1447.25

113
if ES hits 1447.50, then an alarm for "may break soon" would ring, higher es, good for 18 minutes, for a new daily high

1246
i would EXIT that short if i entered it, now,,,LOL,,breakevenish

1245
 agressive could scalp short here, i'm not taking it, for a test of support mentioned,,

1241
Market maker lowered their buy levels a bit here, to es 1443.50,,may see a move near there
may be buyable if it hits there,intraday, in next 30--60minutes

1235
Market Makers have raised their asks a little bit now,,watching to see if it pops or not,,,nothing agressive yet, but its higher

1234
the 72%   74% algos lead the tick,,the larger ticks follow later, after "intent" becomes "reality"

1233
but the fact that their bids are so close and tight, is bullish, unless they drop the bids

1231
MarketMakers need to raise their asks here or it wont pop higher,,,they could raise it suddenly, but atm they are holding it down here,,,poss accumulating here, def in trade mode atm,,,but if they raise the ask then es spx can pop up,,,they already have a bid under it for now

1229
 74% rang 1447.50
might break here soon now, if the 74% triggers action

1216
72% ES rang, "up here" at 1447

1157
watching 1445.75 es, for 1451 trgt then 1454 if able

1150
1454 ES trgt, last 1447

1126
posted yesterday that 1440 es sellers might get tired today, and move up green, looks like they are tiring,,over 1440 es and esp over 1442 bullish imo

1121
nugt is volatile, so size accordingly

1120
NUGT still buyable here imo, scalp or swing or both, still holding it from yesterday

1027
TNA at scalp trgt 1 now, higher targets above

947
es may try for 1436 test, last 1439

946
TNA 6180 could work here

927
1436 was es overnight low, 1444 overnight high


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Tuesday, October 2, 2012

Tues thoughts

351
christopherstockguy (3:50:29 PM):  cat putting in a bullish hammer on daily chart today
christopherstockguy (3:50:40 PM): after several down days on cat
christopherstockguy (3:51:11 PM): hammer would be better, if CAT were lower than here, but it has enough "down days" to say the trend is down, not sideways, thus a valid reversal candle

342
MACD histogram on daily TLT looks like it will close with a bear tick down today, lower hist than yest,,,,atm its lower, will depend on the closing #,,,it was also down at 3pm if one uses 3pm as the close for TLT and treas

TBT and TMV may benefit, swings

301
CAT maybe waking up here now

255
buying the close, taking gains at the open, worked on friday and yest and today,,,tomorrow could be a green day if 1440 sellers get exhausted,,,just things to watch,,,what-ifs

252
christopherstockguy (2:51:51 PM): they are making these mini support breaks, but theres no big selling on the breaks
christopherstockguy (2:52:00 PM): i think spx goes higher for swings

122
TLT has dropped a bit here, see if spx reacts or not
relationship TLT:SPX not always 1: (-1) correlated


1133
AMD was up 4%ish today at one point, now back to yest close down,,,,could be a good swing buy opp,,may be finishing it bottoming daily

1132
72% on gdx nugt rang, longside
nugt 1760

1056
ES did drop despite 72%,,something didnt look rite, but just reporting what the # says,,,still on 72% tho

1048
72% rang on ES long bias intraday, tho looks like it could still pb more first

1035
bought NUGT, may be a quick trade

937
AMD off to a nice running start today,,stiull waiting for it to make its move,,,like VTNC did b4


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".

Monday, October 1, 2012

Monday thoughts

358
: closed TBT breakeven in small port
keeping tmv swing,,,no reason to hold the extra risk


bears need to close it under 1442 es imo, else bullish,,,even a close under 1442 does not give a swing short setup imo

347
swing,,,out of the wild ride on VTNC for now,,,will look to buy it back later,,,small 3%ish profit,,,,still see another 10-40% higher but will re-eval later, after the wild ride

333
see if they close es at 1442

330
like friday, fas upro tna may be buyable here, to hold overnight

325
theres a pretty big pullback on ES intraday today, but i'm not sure it will stick....the up volume is higher than down volume candles

136
bought TBT

1231
MM gently buying again now intraday, nothing agressive yet

1127
some indicators suggesting we might get some movement soon here,,,building

1113
if it doesn test higher, may go to 1444, which might present buying opp, watching for now

1112
timing analysis says ES may try to test the 1451 high of day in next 12 minutes, and poss break it,,,watching to see if it pulls back or goes for the test, 68% confid on the higher side

1105
1455 es is a mini interim trgt for longs

11021105
for quick scalpers, limit short 1455 ES migth work, but i will NOT take that trade, idea only,,,last es 1449

1102
its close to 74% but has not rung yet

1046
72% ES long bias just rang, "up here" 1448
may pb first, but it rang

1043
ES 1443 may present a buying opp if it gets there, possibly above that

1041
Market makers continue to gently buy here intradaya, as price goes lower a bit here

1026
MM have their sell levels pretty tight as well, so in trade mode,,,, ES  SPX wont move higher aggressively until they raise the sell levles, but there is buy level support there, for now

10071025
for both swing and intraday perspective: at this moment, reports suggest that market makers and investment banks are not aggressively buying,, BUT they have RAISED their bids, which is bullish,,, unknow atm if they are trying to sell / distrib or buy for higher prices later,,,in any event atm they are not interested in heavy selling unless they lower the bids,


*3% not 2%

1006
marginal new high in VTNC as it makes small 2% move today up, still see higher trgts, tho nervous swings could exit VTNC here with small gain/breakeven,,its a volatile stock

10031006

SPX now testing trendline resist on 60 min charts, with horiz resist higher than the trendline, expecting trendline to break higher to test the horiz resist above

940
: 2 quick fas trades, one friday, one today,, 5.2% gain on both

940
if i didnt have other longs i would keep FAS,,,but still have cat aa amd upro tmv vtnc, so using fas as quick trade and holding others

935
if one took FAS on friday , could take quik 2% gain here, i'll hold for now for higher trgts small port

928
ES a bit choppy here b4 the open


Trades can be viewed at the links below.


http://www.marketwatch.com/game/christopherstockguy-public-1/portfolio/Holdings
http://www.marketwatch.com/game/christopherstockguy-public-1


For details on the portfolio see this posting:
http://christopherstockguy.blogspot.com/2012/04/link-to-trading-portfolio-of-posted.html

* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".