This is the exact same chart published 21 days ago ( see attached) . We can see that the 10 years treasury briefly broke above it resistance before descending to its current level. So far it seems to to follow the downward channel. Things to keep in mind : Carney, the governor of the Bank of England, suggested last week that he will raise interest rates rather...
It's been more than two years since I first published John Carlucci 's "Best Market Indicator" research here. Almost 10,000 views on the original chart, WOW ! . I'm republishing this again with some minor updates. On the first publication, we looked for signal on a monthly basis, this time around we'll be using the weekly chart to determine market conditions....
Remember the cupcake craze that swept back in early 2000s ? Well this bakery took advantage of that and went public. Surprisingly enough, people actually invested in that company, stock went as high as $16. Then people released it was actually a better idea to buy actual cupcake (and enjoy them), rather than to invest in a company that make them. Eventually,...
SPY up ~ 2.16 % this month ( might be lower or higher depending how we close today). SPY still above its 200 MA, so I'm still long. Spread between SPY price and 200 ma is currently $12.81 or ~ 6.70%. Trade is still open with unrealized P/L of : 60.55 % Have a great weekend Cheers Algo
AAPL started 2014 and ~ $553 before tumbling to $499. A lot of investors, included myself , though AAPL was the new Microsoft, a juggernaut incapable of coming out with "innovating" products. 28.9 % later , AAPL is silencing its critics. last quarterly earning report was excellent : -> $11.62 vs. $10.21 -> Revenue up 4.6 % -> iPhone sales up 17 % And now the...
DISCLOSURE : This post is purely for educational purposes ONLY ! Do not risk real capital on this strategy. Again, purely for education purpose ONLY ! Strategy : This strategy is very simple. We invest in 50 % in S&P 500 ,and 50% in 20 years treasury. Now to maximize return, we are going to invest in 3X leverage ETFs, UPRO ;Proshares UltraPro S&P500, and TMF;...
10 years treasuries have been pretty volatile so far in 2014. We saw a nice returns in Q1, only to see them evaporate in the first month of Q2 , but has made some gains since. If you look closely , we can see that it has been making lower highs since fall 2013. Support and Resistance have been tested and broken, but seems to have a hard time going back above....
BACKGROUND In 2005 , Yahoo Invested in Alibaba. Both companies entered in a TIPLA ( Tech. & Intel. Property Licence Agreement), In which Alibaba would pay a percentage of its Total revenue, 2 % per year. For 2012 and 2013 , Yahoo received $95 million and $93 million . However in 2012, the TIPLA was amended, and Alibaba paid a lump sum of $548 million to Yahoo....
FireEye (FEYE) , once a darling of Wall Street is now nothing but a poster child of the upcoming tech bubble. Analysts LOVED that stock, especially Wells Fargo. Traded well for a while, but has since lost all its glory. Do your own due diligence before listening to Wall Street. Cheers Algo
I'm republishing this chart from 9 months ago. looking at the Nikkei futures now ( 10:42 E.S.T), they are down 2.25 % . The Nikkei briefly broke above its second resistance , but has retrace down since. We can observe the same for the Yen futures ( support held) . What does this mean exactly ? well the correlation between the SP 500 and Nikkei ( using 100 day...
SPY is down 0.12 % ........ relax people, no reason to panic.
Despite all the noise in the market , the SPY finished in positive territory last month ( 0.70 %..nothing spectacular). SPY remains above it's 10 month and 200 day MA , so the trade is still open. So far , up 57.17 % since December ,2011. See you next month Cheers Algo
BRIC ( Brazil, Russia, India, China) MINT ( Mexico, Indonesia,Nigeria, Turkey) The BRIC and MINT concept was introduced by former Goldman Sach economist Jim O'Neill. Mr. O'Neill recently said that BRIC and MINTs countries would shape the world's economy in the next decade, and they would be the best places for investments. Although I don't disagree with Mr....
It's been almost two years since i publish this chart. The trade entered on 12/31/11 has a return of 54.79 % now ! This simple strategy has made a total return of 248.3 % vs . 75 % since 2002. Original chart here : Read about Buffet's opinion on index funds : www.businessinsider.com Cheers Algo
One of my favorite strategy ( and most successful for me) is Trend following. It is simple and easy to implement , however not everyone can follow it due to lack of discipline and double digits drawdown. GLD is currently trading above it's 10 month moving average. If it closes above it's MA this week, I will go in Monday morning. To give you an idea how this...
Congratulation Mr. Zuckerberg on your acquisition of Whatsapp. Close to 90% of social media traffic now goes through your "government" backed company (FB, Instagram, Whatsapp,etc) , you are an evil genius. Anyway that 's beside the point. BBRY was up close to 9 % after hours. why ? well it seem messaging apps like whatsapp are actually valuable to a company....
I don't know if technical analysis can be applied on BTC ( as it is a different beast), but if yes, based on simple support resistance lines ( in blue) , looks like it may bounce back. But right now , price movement is heavily influenced by fundamentals ( news, BTC exchange issues, arrests of major players in the field, etc ). So again, don't know if T.A can be...
Is the Rally is Yield over ? Looking at the first chart , we can see that 10 year yield has failed to break 3 % again, and forming a "double top" in the process. At the time we can see that the 10 year bonds has sharply rallied to it's resistance. It 's too early to say what will happen here. If bonds break the resistance line, will this be the start of another...