I forgot to change my "Expected Scenario" in previous idea.
This stock came into my radar when banks started tanking and V has been consistently outperforming the market SPY and dishing out great earnings. We have a nice trend NEVER have we taken out significant support . But I don't have trade location so I won't go long any time soon. the price action looks like weak holders can easily be shaken out causing volatility...
I'm bullish and setting this to outperform. Trend line analysis, as well as long-term support and resistances, were analyzed. I'd like to see price action get above the psychological level of 2500. ~2472, ~2409 keys levels below price action. We could potentially see a pretty nice run above 2520. The moving averages are still strong... nothing to be concerned...
"SPY Master" is a simple medium frequency trading algorithm that uses my RSI-EMA oscillator on a 1h chart to trigger buy/cover and sell/short signals. The algorithm only holds 1 position each time and it can go either long or short on SPY (S&P 500 exchange-traded fund). The average holding period per trade is about 18 hours. Please note that the backtest uses a...
This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 DJIA = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net...
This simple algorithm uses Exponential Moving Averages of the S&P 500's Relative Strength Index to trigger buy/sell and short/cover signals on a daily chart. I've backtested the algorithm for SPY (1994-present), SPX (1981-present), SPX500 (1971-present), and it beats the S&P 500 in every occasion. The algorithm cannot correctly time every single crash or...
After the big pop in asset-prices in 2007, the Hang Seng Index seems to having broke out of its years long consolidation pattern (ABC-Structure) this month, and now is to continue its decades-long bull market. Very strong fundamentals such as a low P/E-Ratio and a good GDP-Growth support the trend. China has a very good chance to lead the emerging markets performance-wise.
IQNT has been on a tear all year long. Respecting its' trendline, IQNT has gained 550% since April of 2013, and with a p/e ratio under 10, it is STILL undervalued. This cash rich company has no debt, and its' growth potential is strong. The stock has recently made its' highest close in over 2.5 years. With the technical signals triggering buying oppurtunites,...