Posted by ruscitti on 28th of Dec 2017 at 11:29 am
MJX - no real price history since its been only trading for 3
days. It is a marijuana etf (the only one I am aware of on US
exchanges) that should be watched in 2018. Up 4% today.
Posted by ruscitti on 19th of Jul 2017 at 08:44 am
I love EW analysis, but I find some of this "must happen" crap
distracting. Even if he is right,I don't think it helps
anyone be a better trader. The way EW is presented on this
site is far superior. Project, monitor and respect your
triggers.
Matt, when you have time, I suggest you read the article in this
link "Rambling Near the Edge", by Harley Bassman. He's a well
known strategist that worked at BofA/Merrill for many years and
recently moved to PIMCO.
Posted by ruscitti on 11th of Jul 2017 at 05:53 pm
Harley Bassman is a very sharp guy and has many years of
market experience. Everyone should read this and pay
attention. Thanks vamercur for posting this.
Thanks Saturn..Your count plays into Matt's thinking that the
high rsi on the last push up likely means a pullback should
eventually be bought for one more push up.
Research from a primary dealer....it's all set up for all pullback
in equities. We even got a nice doji today
End
of the month time and with equities at all time highs, it's time to
start thinking about what the pension community is going to do to
re-balance. Just back of the envelope stuff here that I worked up
over the past year but pretty interesting. I'm basing this off of
where we are today (5 business days from the end of the month) and
looking at what the S&P and 30yr UST then did as we went into
month end. I've highlighted every month where the S&P has been
up over 1% in
green5
days before month end (1st is the date and 2nd column S&P
percentage move up until that point). Then in the next two columns
you can see the move in the 30yr UST yield and % change in equities
over remaining trading days into actual month end. As you can see
with the exception of November (when we were in the midst of
the Trump/convexity sell-off), the long bond has rallied an
average of -6.1bps. With the S&P up +3.7% so far in February,
time to buy the long bond as pension/insurance reallocates to the
long end?
Posted by ruscitti on 21st of Feb 2017 at 03:16 pm
These two organizations are cash cows to the govt. pure and
simple. It will be very hard to extricate them from their
current status since that will mean another source of funds no
longer helping to mitigate deficit spending.
Posted by ruscitti on 13th of Jul 2016 at 12:46 pm
Matt, I noticed that the 14,3 fast stoch had recycled down to
oversold, which would normally have you on the lookout for a quick
long, but since you were more concerned that slow stoch was due to
lose the 80, that trumped. Do I have that
right?
The community is delayed by three days for non registered users.
If you could put a
ruscitti - yes but most are now trading at huge ...
Posted by ruscitti on 4th of Jan 2018 at 10:28 am
If you could put a list of these stocks you like (on a pullback), perhaps on the weekend, that would be appreciated. thanks
Steve, have you done any
BUDZ - crazy move on this weed stock of late. ...
Posted by ruscitti on 4th of Jan 2018 at 09:08 am
Steve, have you done any fundamental analysis on any pot stocks that you like for the longer term (to buy on a pullback)?
MJX - no real price
Posted by ruscitti on 28th of Dec 2017 at 11:29 am
MJX - no real price history since its been only trading for 3 days. It is a marijuana etf (the only one I am aware of on US exchanges) that should be watched in 2018. Up 4% today.
these systems require volatility to
SPY System
Posted by ruscitti on 7th of Aug 2017 at 05:30 pm
these systems require volatility to initiate trades.. it's hard to revert to the mean when you are already stuck at the mean
JO
Posted by ruscitti on 19th of Jul 2017 at 01:59 pm
http://stockcharts.com/h-sc/ui?s=JO&p=D&yr=1&mn=6&dy=0&id=p01265750609&a=533861238&listNum=134
Nice symmetry example
I love EW analysis, but
Calling for market top within next three weeks
Posted by ruscitti on 19th of Jul 2017 at 08:44 am
I love EW analysis, but I find some of this "must happen" crap distracting. Even if he is right,I don't think it helps anyone be a better trader. The way EW is presented on this site is far superior. Project, monitor and respect your triggers.
http://convexitymaven.com/newcommentary.html Matt, when you have time,
Interesting comments on the VIX from BofA
Posted by ruscitti on 17th of Jul 2017 at 03:38 pm
http://convexitymaven.com/newcommentary.html
Matt, when you have time, I suggest you read the article in this link "Rambling Near the Edge", by Harley Bassman. He's a well known strategist that worked at BofA/Merrill for many years and recently moved to PIMCO.
Harley Bassman is a very
Volatility
Posted by ruscitti on 11th of Jul 2017 at 05:53 pm
Harley Bassman is a very sharp guy and has many years of market experience. Everyone should read this and pay attention. Thanks vamercur for posting this.
Thanks Saturn..Your count plays into
$SPX $SPY -
Posted by ruscitti on 4th of Jul 2017 at 01:53 pm
Thanks Saturn..Your count plays into Matt's thinking that the high rsi on the last push up likely means a pullback should eventually be bought for one more push up.
I really appreciate your work. Cheers.
End of month reallocation
Posted by ruscitti on 22nd of Feb 2017 at 06:15 pm
Research from a primary dealer....it's all set up for all pullback in equities. We even got a nice doji today
End of the month time and with equities at all time highs, it's time to start thinking about what the pension community is going to do to re-balance. Just back of the envelope stuff here that I worked up over the past year but pretty interesting. I'm basing this off of where we are today (5 business days from the end of the month) and looking at what the S&P and 30yr UST then did as we went into month end. I've highlighted every month where the S&P has been up over 1% in green 5 days before month end (1st is the date and 2nd column S&P percentage move up until that point). Then in the next two columns you can see the move in the 30yr UST yield and % change in equities over remaining trading days into actual month end. As you can see with the exception of November (when we were in the midst of the Trump/convexity sell-off), the long bond has rallied an average of -6.1bps. With the S&P up +3.7% so far in February, time to buy the long bond as pension/insurance reallocates to the long end?
These two organizations are cash
FNMA and FMCC
Posted by ruscitti on 21st of Feb 2017 at 03:16 pm
These two organizations are cash cows to the govt. pure and simple. It will be very hard to extricate them from their current status since that will mean another source of funds no longer helping to mitigate deficit spending.
JO
Posted by ruscitti on 11th of Aug 2016 at 12:53 pm
I know Matt has been talking about a H & S pattern. Alternatively from the bullish take, I also see a falling wedge.
60 min: http://stockcharts.com/h-sc/ui?s=JO&p=60&yr=0&mn=3&dy=0&id=p13495257603&a=389033642&listNum=48
daily: http://stockcharts.com/h-sc/ui?s=JO&p=D&yr=1&mn=6&dy=0&id=p26736938015&a=389033643&listNum=48
nice job
Back in mid-2014 when Matt showed two stocks in Weinstein ...
Posted by ruscitti on 19th of Jul 2016 at 03:03 pm
nice job
Matt, I noticed that the
SPX 15 min
Posted by ruscitti on 13th of Jul 2016 at 12:46 pm
Matt, I noticed that the 14,3 fast stoch had recycled down to oversold, which would normally have you on the lookout for a quick long, but since you were more concerned that slow stoch was due to lose the 80, that trumped. Do I have that right?
TBT
Posted by ruscitti on 8th of Jul 2016 at 09:53 am
Beautiful entry on TBT this morning.. Nice double bottom.. low risk/clearly defined stop