would not be surprised it that happens. Altho, First couple days
of new year shows strength as Pension Money/401K money gets to
work. Earnings Start mid Jan, with strong eco trends in US. Short
side may be tough, but we do for a pullback.
Ex Energy & Co's touching energy. EPS will be fine. Perhaps
strong trends was overstated but I would hardly call it LIMP. Lower
gas will help economy.. Mkts on borrowed time, But until we see
actual turn in trends lower..How can u argue anything beyond a 10%
correction. Charts will warn us long before correction
begins.
With jobs improving, concerns about rising rates and lower gas.
People who have been on fence for housing will likely come back in
the Spring Selling Season. Sectors that could benefit this year
from secular tailwinds, Financials (Higher Rates = High NIM),
Housing better, Healthcare continues benefits, Travel better..
Worse, Industrials with High Energy Capex exposure, Energy, Oil
Services, chemicals, heavy construction, green stocks, casinos,
store based retailers.
Not some talking head..these are my thots and game plan. Higher
oil, my list gets thrown out. start over.
So, you're short? I'm short the 20 EMA (60 min chart) /CL Feb.
One contract bought back at lower value area. Moving down stop on
10 min chart. Crazy big moves today.
would not be surprised it
After a huge up year and now that we've crossed the threshold into 2015...
Posted by jdaswani on 2nd of Jan 2015 at 07:39 am
would not be surprised it that happens. Altho, First couple days of new year shows strength as Pension Money/401K money gets to work. Earnings Start mid Jan, with strong eco trends in US. Short side may be tough, but we do for a pullback.
I would hardly say we
Posted by rbreese on 2nd of Jan 2015 at 09:11 am
I would hardly say we have STRONG economic trends. Maybe limp trends OKAY. Good trading.
Ex Energy & Co's touching
Posted by jdaswani on 2nd of Jan 2015 at 09:20 am
Ex Energy & Co's touching energy. EPS will be fine. Perhaps strong trends was overstated but I would hardly call it LIMP. Lower gas will help economy.. Mkts on borrowed time, But until we see actual turn in trends lower..How can u argue anything beyond a 10% correction. Charts will warn us long before correction begins.
With jobs improving, concerns about rising rates and lower gas. People who have been on fence for housing will likely come back in the Spring Selling Season. Sectors that could benefit this year from secular tailwinds, Financials (Higher Rates = High NIM), Housing better, Healthcare continues benefits, Travel better..
Worse, Industrials with High Energy Capex exposure, Energy, Oil Services, chemicals, heavy construction, green stocks, casinos, store based retailers.
Not some talking head..these are my thots and game plan. Higher oil, my list gets thrown out. start over.
PS based on supply &
Posted by jdaswani on 2nd of Jan 2015 at 09:22 am
PS based on supply & demand. I think oils going to $45
So, you're short? I'm short
Posted by zenman on 2nd of Jan 2015 at 10:02 am
So, you're short? I'm short the 20 EMA (60 min chart) /CL Feb. One contract bought back at lower value area. Moving down stop on 10 min chart. Crazy big moves today.
I wish. I am restricted
Posted by jdaswani on 2nd of Jan 2015 at 10:11 am
I wish. I am restricted from shorting stocks due to my occupation...if I could, I would be short XOP & DOV..
So for me...I play Long, Cash and sector rotation....I hate those alt etfs'..
/CL stopped out. Let's see
Posted by zenman on 2nd of Jan 2015 at 10:29 am
/CL stopped out. Let's see if we can get up to the central pivot 53.24.
Agree on Alt ETF's. Now
Posted by zenman on 2nd of Jan 2015 at 10:17 am
Agree on Alt ETF's. Now managing short, stop moved to 52.68.