Algokid
Long

SPY MONTHLY UPDATE : ( still) LONG

AMEX:SPY   SPDR S&P 500 ETF TRUST
316 views
10
316 3
The SPY will end up with a positive return of approx. 1.5 % for the first quarter of 2015. The average volatility for the quarter has been 13.50 % , which is great for short term traders.The top topics for the next quarter remain the same :

USD

The USD is up more than 8 % this quarter. We saw a price correction after the FEDS announcement earlier this month . Will investors continue to buy the USD in the next quarter ? why ? what does it mean ?

OIL

It seems the Saudis are winning the battle with falling oil prices . The Kingdom hasn't budge and has no intention to cut oil production anytime soon. in the U.S however, more than 53,000 jobs are expected to be cut because of falling oil
prices.

Rates

the FED made it very clear , that unless we reach maximum employment ( about 2 %) , rates will not change . In my opinion, investors shouldn't worry about rate this year.

The SPY remains above it's 200 MA , and the AK Trend ID shows no sign of correction, so this trade remains open.

Cheers

Algo
I like this market trend idea ... is it something we can use ? How long have you been using it?
Reply
Hi ,

I've been trend trading since 2006 , but started using this indicator since 2009. You can use this indicator to help you identify " bulls/Bear" market. The mistake that I've seen often, is people trying to call the top or selling their investment too early. This indicator does a pretty good job on when to buy and when to sell .

If you used it as a signal for SPY ( which I'm doing) you would of been up 77 % since Jan 1 2012, which is not bad at all .
Reply
IanLip Algokid
thanks
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out