This election will be Brexit 2.0 based on current sentiment and
action. Now its almost impossible to call a bottom, at least for
me. I make 5 points on why this tape should be bought.
1. Sentiment is at extremes on bearish side, Just look at the
VIX etc, on BB basis
2. FED IS NOT RAISING RATES AHEAD OF ELECTION
3. November is a strong month
4. AAII 24% Bullish. 41% Neutral, 34% Bearish
5. TRUMP or Hillary - Market has priced in extra
volatility.
2017 Correction is coming it's just not plausible this
close to year end 2016
Posted by jdaswani on 11th of Oct 2016 at 03:20 pm
Very interesting Co has guided 13-15m EBITDA 16 and has grown it
33% per annum. Assume 25% growth in 2017, implies 17.5m EBITDA...
Competitors trade for 10 to 12x. At the low end of the group 10x
17.5m = 175m (No debt) / 35M shares = $5.00 stock. At 12 x 17.5m =
$210m / 35 = $6.00 share,.
I bot small 2500 to start..gonna do more work. Looking good
steve
Posted by jdaswani on 10th of Oct 2016 at 08:47 am
Long trade idea posted here last week. Co raises guidance this
morning. Highly shorted. Could see a very nice squeeze. Great call
guys, I am long. Unfort not big tho.
Historically, i have avoided precious metals. But general
observation has lead me to take a very small position in GDX.
Starters, Gold, Silver, GDX, GDXJ are all trading below the
lower BB. I have spotted instances that this does not work as well
as the SPY & VIX. But risk seems limited with the 200day just
slightly above.
1. Any opinions are welcome, especially in terms of BB
observations.
2. Outside of DB/Central Banks unloading, what is the bear
case.
I own a tiny 1k share, don't understand space well or would take
it much higher. So please do share any opinions.
Before anyone suggests it, I have listened to the newsletters,
so have a general guide in place.
The community is delayed by three days for non registered users.
Seems like a great spot
SPX 30 with Fibs
Posted by jdaswani on 7th of Nov 2016 at 11:48 am
Seems like a great spot to hedge out before election
Hi are there performance stats
Roberts - S&P losing streak
Posted by jdaswani on 3rd of Nov 2016 at 01:00 pm
Hi are there performance stats on the days following the streak? Avg return going forward etc.
SPX
SPX 15 min
Posted by jdaswani on 3rd of Nov 2016 at 12:49 pm
I went long SPY on the completion on wave E. 209.11. Long SPY & Calls on markets.
SPY 5 Min
Posted by jdaswani on 2nd of Nov 2016 at 02:37 pm
Trading buy
Thinking out loudly
Posted by jdaswani on 2nd of Nov 2016 at 10:45 am
This election will be Brexit 2.0 based on current sentiment and action. Now its almost impossible to call a bottom, at least for me. I make 5 points on why this tape should be bought.
1. Sentiment is at extremes on bearish side, Just look at the VIX etc, on BB basis
2. FED IS NOT RAISING RATES AHEAD OF ELECTION
3. November is a strong month
4. AAII 24% Bullish. 41% Neutral, 34% Bearish
5. TRUMP or Hillary - Market has priced in extra volatility.
2017 Correction is coming it's just not plausible this close to year end 2016
i question the acuracy of that
FANG
Posted by jdaswani on 28th of Oct 2016 at 03:17 pm
i question the acuracy of that statement.
SPY might be setting up for another leg
Posted by jdaswani on 18th of Oct 2016 at 12:52 pm
SPX Retest
Posted by jdaswani on 14th of Oct 2016 at 09:34 am
Shorted again - retest of break. Low risk oppty
chart
SPY low risk short again
Posted by jdaswani on 13th of Oct 2016 at 03:28 pm
Chart
Makes no sense...would make more
S&P 500 Futures Up 5-6 Points Over Last Few Mins; ...
Posted by jdaswani on 13th of Oct 2016 at 10:51 am
Makes no sense...would make more sense if trump was leading the polls. Hillary will actually support here further.
SPX Retest
Posted by jdaswani on 12th of Oct 2016 at 02:22 pm
Shorted the touch. Low risk play. chart
ANY SPY System trades?
Posted by jdaswani on 11th of Oct 2016 at 03:49 pm
PRTS
PRTS
Posted by jdaswani on 11th of Oct 2016 at 03:20 pm
Very interesting Co has guided 13-15m EBITDA 16 and has grown it 33% per annum. Assume 25% growth in 2017, implies 17.5m EBITDA... Competitors trade for 10 to 12x. At the low end of the group 10x 17.5m = 175m (No debt) / 35M shares = $5.00 stock. At 12 x 17.5m = $210m / 35 = $6.00 share,.
I bot small 2500 to start..gonna do more work. Looking good steve
PRTS
Posted by jdaswani on 11th of Oct 2016 at 02:46 pm
Can you please share the fundamental case for owning. best
Not even close to oversold.
Shouldn't S&P500 recover to EMA(5) which corresponds with 38% Fibonacci ...
Posted by jdaswani on 11th of Oct 2016 at 12:09 pm
Not even close to oversold. only the very short terms 5 to 60mins. Trendline break retest is optimal to reshort
Mrkt trying to break it.
SPX views
Posted by jdaswani on 11th of Oct 2016 at 10:58 am
lets see if she holds
MOBL
Posted by jdaswani on 10th of Oct 2016 at 08:47 am
Long trade idea posted here last week. Co raises guidance this morning. Highly shorted. Could see a very nice squeeze. Great call guys, I am long. Unfort not big tho.
GOLD / Silver
Posted by jdaswani on 6th of Oct 2016 at 03:23 pm
Historically, i have avoided precious metals. But general observation has lead me to take a very small position in GDX.
Starters, Gold, Silver, GDX, GDXJ are all trading below the lower BB. I have spotted instances that this does not work as well as the SPY & VIX. But risk seems limited with the 200day just slightly above.
1. Any opinions are welcome, especially in terms of BB observations.
2. Outside of DB/Central Banks unloading, what is the bear case.
I own a tiny 1k share, don't understand space well or would take it much higher. So please do share any opinions.
Before anyone suggests it, I have listened to the newsletters, so have a general guide in place.
Thanks in Advance
APPLE
Posted by jdaswani on 6th of Oct 2016 at 12:23 pm
CYH
Posted by jdaswani on 4th of Oct 2016 at 05:34 pm
Found a great write up on this site explaining the bull case for a short squeeze.
http://mrkt.news/community-health-cyh/