AMZ, bottomingAlerian MLP Infrastructure Index
is a composite of energy infrastructure Master Limited Partnerships (MLPs). The capped, float-adjusted, capitalization-weighted index, whose constituents earn the majority of their cash flow from the transportation, storage, and processing of energy commodities, is disseminated real-time on a price-return basis (AMZI) and on a total-return basis (AMZIX).
while the associated ETF that tracks the parent index is AMLP
www.alpsfunds.com scroll down below and a schematic diagram showing how these LP partners earn their profits
As far as technical channel (log scale) is concern, price seems to be bottoming (there might be data way before 2007)
This is NOT a suggestion to go long though i will put in some :-)
Given the fact that energy business is run using debt, how many such companies will survive in next 5 years, i cant tell, hence it is an extremely risky investment per say
i will also do a comparison to HYG or JNK
Following are some of the LP stocks:
EPD, MMP, PAA, BPL, ETP, MPLX, WPZ, SXL, EEP, OKS, EQM, GEL, WES, NGLS, TLLP, SEP, NS, DPM, TCP, SHLX, ENLK, NGL, ETE, EMES and etc
There is no need to long/short each one of them, the best/most promising will be chosen, follow me at your own risk
ML/USEY trade ideas
JDD: Clear Short Using Basic TechniqueShort below the dynamic support makes sense, lower lows expected.
Buybacks Another Quoted Source of Equity Market StrengthHere we have the TSX Buyback Index. There has been plenty of talk of how a slowing in economic growth, tempered capital investment (CAPEX) and even a throttled down stimulus backing has been compensated by buybacks. So here is the TSX Buyback Index versus the S&P 500 (emini).
Aussie dollar day tradeAussie is forming a bottom here above 0.75 support. Dollar weakness a possible strength in metals could help the Aussie to move higher today.
DRG(Daily). Healthcare Index.Breaking uptrend_line, 38.2%, 50 sma. If sustained, support could be found at 540 and 530 level.
MACD bearish divergence recorded.
ENL Short Term DownThis Chart Short Term Sell
* Now Still (Feb) Mountly Ohlc4 under..
* Decision Point : Fibonachi % 0.764 , Price : 47.70
* if Break 47.70 --Go to 45.26
Short Term indikator
* RSi :Sell
* MACD :Sell
* DMi :Sell
* Bolinger :Sell
British pound on the move upB6Z2014 - British pound is developing divergencies in RSI. Considering a long at current level 1.6059. Targeting the median line but timing not identified yet. This is a countertrend trade, profits should be atken fast.
Aussie Dollar reversalThe Aussie Dollar (A6U14) posted a lower high today the 10 July 2014 and reversed sharply intraday. I need to see the close today to confirm but it looks like it is going to move lower. I'm planning to sell tomorrow. Target is on the next significant support (approx 21 July 2014)
NASDAQ: This is a 3Months Highs Chart. Everything is clearWell there isn't much to say about the chart.
It is a daily chart of the 3 Months Highs NASDAQ.
The trend line is obvious, the indicators are clear, the trend as well.
Keep in mind the prices of Today, and think about the eventual outcome for tomorrow.
Only stunt traders would go long these days... Or those who have money to waist...
Aussie M top - bear in June14A trade below the recent pivot low (0.9192) would confirm the M top formation. Targeting the lower parallel line (0.9000) approx mid June2014 but I might close earlier depending on momentum. Historically we are still at pretty high levels on the US dollar and US dollar seems gaining strength on a major H&S failure (Dollar Index).
Mutual Fund paper tradeThis is a perfect instrument for swing trading because the signals are usually very obvious.
The weekly chart is here
On the daily we have a double top formation with bearish divergence on the MACD lines and Force Index.
www.bankofcanada.caThe Loonie is consolidating between 0.94 and 0.93 range and is ready to move up. Funds are over-exposed to the short side and a trade above 0.94340 could trigger a chain of buy orders. Targeting 0.9530 where we could have some retracement but planning to re-enter long if a new trend establishes.
$LCI (Daily)Solid strength and earnings growth... and a sweet upward trend. Waiting for open above $33
Symmetrical pattern on HSBC interesting investors behavior.In this description i will give you a bit of the pros and cons of the fundamentals, as i always confirm my trades with fundamentals
This symmetrical triangle is probably caused by investors tensions to HSBC next earnings report
March and June earnings were 48.44 B in 2013
and March and June earnings of 2012 55.86 B the difference was pretty big.
September 2012 revenue was really bad, 18.44 B and December was the best month last year with a 43.18B ( almost March and June earnings combined ). Thats why if September earnings are bad there is a confirmation that this stock needs a new analysis and confirmation to buy the stock for December earnings. Understood my point of view ?
Morgan Stanly GBK ForecastThe Big Picture
For some time the trend is moving Sideways, which gives us a great opportunity for predicting movement.
Short term
In the short term the price will fall down.
Confirmation of drop value we found in a very characteristic shape Doji candle which was formed at the end of the day. For this reason, open the SELL orders.
Sell Stop Orders:
1
Sell stop order at the price @ 9:28
TP@ 9:13
SL set themselves
2
sel stop order at the price @ 9:09
TP @ 8.92
SL set themselves
Then wait for the trend to go up which is quite certain.
Then open BUY Stop orders:
1.
Buy stop order at the price @ 8.94
TP@ 9.02
SL set themselves
2.
Buy stop order at the price @ 9.15
TP@ 9.30
SL set themselves
3.
Buy stop order at the price @ 9.44
TP@ 9.72
SL set themselves
Conclusion
There is possibility of breaching of the upper Resistance line but trend will surely go down again, and it will form characteristic flag shape which give us ideal opportunity for profit.
Your can chose your TP yourself
We will meet again on this chart.
Good Luck!
Brainiac
Sell the QueenEntered short just now. The dollar seems getting stronger against all the major currencies. Price action shows a bounce back from the 20ema and the up-sloping median line that are acting as a resistance. This is in conjunction with an outside day. Pound is poised to move lower towards the lower parallel line. The monthly chart shows the big picture and where we are now 16Oct2013
GB:BOE Announcement GB:BOE Announcement September 5, 2013 07:00 ET and US:Jobless Claims September 5, 2013 08:30 ET.
The chart pattern is suggesting a reversal. Price projection 1.5100.
Kangaroo jump!The Aussie is losing momentum to the downside and building energy within a coil for a move up soon. I'm planning to enter at the market with a first target objective 0.9178 where we could have a limited retracement before the final brake-out to the upside. 0.96000 is the medium term target, Watch out for the RBA minutes on the 3rd of September 2013.
Option Arbitrage and Contrarian InvestingWe have had several opportunities this past few months to make significant plays using what I call a hidden option arbitrage strategy. Here is a simple strategy I employ when trading options. I often scan the Volatility Indexes to find rock bottom prices. When the index gives you low readings on a historical chart scale you can purchase options at a discount. You can also employ a contrarian trade if you see candles with long tweezers that are inverse to the performance of the underlying. Remember though, options are extremely risky. You can also use a strangle option trade to make sure your not on the wrong side. For every long candle shadow the next day or days have been extremely volatile. A strangle helps you profit from uncertain directions, but an expectation of market volatility. Strangle option strategy is using out-of-the money option strikes that are above and below the underlying price.
