I didn't get into any of the short SPY trades when they were published, but  given the DVDS has 100% winning trades, and the price is better now, I would think it would make sense to get into that position if the market holds up still by morning?  (I missed it today)

MMMM really popping today after being in the toilet the last while. I haven't seen any news, does anyone else have any insight?  It seems like if their business plan comes together as has been discussed on the community this could be a good buy at these levels.

Any thoughts on when CAN might be a buy again?  I was able to ride from around $15 to $30 and now it's back to the $20 range. Maybe more prudent to see if we get closer to the 50 day around $16......  This space is maybe to volatile to know!  Thanks!

One could also likely make an argument on the opposite side that things will get more "business unfriendly" under a democrat controlled government and the market could go south on that sentiment even if things don't change right away.  Who knows, it will be interesting to see how things play out for sure!

I got stopped out as well on the KISS system (using SPY) so hopefully something official will be mentioned today.

Agree, definite preference for me is the 'New Player' where a person can click through charts with audio.  I don't usually have time to listen/watch through the whole series of charts and this is a very simple and easy way to quickly navigate where you want to go.

Thanks for the great response Signal46, appreciate it!

OK, thanks for response.  It sounds like you can't buy the actual S&P so lets say a person used SPY for the purchase.....they show the DVT stops, in terms of the actual S&P 500 price, so a person would just have to extrapolate that same % stop to the SPY ticker it sounds like.  It would be nice to show the prices for entry and stops in terms of a ticker people are actually buying when trading the S&P DVT system, but I could be missing something.

Sorry for a dumb question, but what do I actually buy in my 401k if I want to do the 401k DVT system trades?    Thanks!

Does anyone have insight on a good way to short commercial real estate?  

I got into SQQQ yesterday at $10.28 (thanks for recommendation).  How would you manage sell strategy from here?  I am inclined to keep moving stops up vs. selling but might be wise to actually just take some profit vs. just moving stop up?  It swung pretty wild this morning and if I would have moved stop up too high I would have been stopped out and missed the big rally up the last hour or so.....  I always have trouble with sell strategy.   (funny, I meant to just buy 300 shares yesterdayand ended up buying 3,000 but decided to just put a tight stop and let it ride.....better to be lucky than good sometimes I guess)

It seems like things are moving more towards day trading and short term activity.  Many of us that work day jobs can't participate in this type of trading (or don't want to sit and day trade).  The SPY system typically works good  for trading w/o having to monitor continuously.  I know some of the systems are being revamped, including trading for 401k's?  We need a clear system for 401k's that would typically only have trades every 3-4 months, since at least for my company 401k there are penalties for moving $$'s in or out of a fund more than once every 90 days (I think it is).   It sounds like the DVTS system could be applicable if the right time frame was used?

Thanks!

To be able to see these charts what level of membership is required for Stockcharts?  Does the "Basic" do the trick ($15/mo), or do you need the "Extra" ($25/mo).  I think these charts allow you to see Breakpoints charts with their custom indicators......

Is there any general advice on the SPY trade that is currently open?  I do the options trade and am down ~$5,000 right now. Is the direction to just hold and see if market can continue to rebound I assume?  Just wondering if there is a point where we have had this bounce back and it's better to bail out if you think the general market is getting closer to a lower high and then rolling over again for another leg dow..   The time horizon of May 15 is the ticking clock in the background.  I do realize there are no crystal balls in this kind of black swan event.  Thanks!

THanks for your thoughts.  China should be a good gauge to look at.  I think their cases started to level off from the large growth around 5 weeks into the outbreak (Feb 7th I think?).  I think from that time it continued to drop and deaths mostly stopped.  I don't know why we shouldn't see a similar scenario.  By mid to late April we should see things level off and by then hopefully sane minds prevail and we get the country going again ASAP.  Sure we can and maybe should quarantine the sick, isolate the most vulnerable, BUT let the rest of the 99% of population this isn't a big deal for get back to work.  Consequences of closing everything for 6-9 months, as Cuomo mentioned, would be far more devastating and likely cause MUCH more sickness and death.  I'd bet anyone the deaths from COVID19 will be MAGNITUDES less than influenza (as seen in China).

https://www.yahoo.com/news/why-nobel-laureate-predicts-quicker-210318391.html

Wow,  Gold/Silver ration at 117!

Things moving pretty fast... suspension of flights from Europe for 30 days starting Friday, NBA just suspended season.  Pretty crazy!

Matt, would you look at PRED at this level with a tight stop maybe around 0.50?  I know its highly speculative but looks like its basing although it has looked like that a few times and surprised with further downside.  Thanks!

I like sticking to the systems even if there are a few "tougher" trades periods to deal with. The latest SPY trades still could be profitable!  

Also a though from the newsletter Sunday afternoon...... I like idea of weekly SPY system if you go away from monthly.  Many, including myself, use Breakpoint Trades to help manage our 401k's.  We can't jump in and out of trades every few days, and can't short the market / only trading the long side.  The 2 hr system is too short term to manage a "large company sponsored" 401k (and for those of us that can't be watching all the time) but I think the weekly system could be more nimble than monthly, but also not produce so many trades to make it unworkable for managing our 401k's. I've been on the side lines of the market for a while and have been waiting for a correction to get back into the market which may be happening now.....    Just my 1.5 cents on the topic!

Thanks for all you guys do!

Then there is article like this where Chinese government is saying mortality rate is ~4% and the study out of London research center estimates the cases of infection may reach ~500,000 which is obviously MUCH higher than current reports.  Guess we'll find out if the estimates, and seriousness, is being exaggerated like we've seen with other potential threats in the past.....

https://www.insider.com/coronavirus-spread-wuhan-scientists-estimate-february-peak-2020-2