signal

Current Picks Updated 3-28-2010

Posted by Investing Freak on March 28, 2010
General / 1 Comment

The Current Picks page has been updated. Have a look by clicking Current Picks here or up on the top of the page.
Below I will only mention the new signals that have occurred this week.

IYR   downgraded to SELL on Mar 26th at $50.10     (BUY Feb 16 at $44.40)
AAPL upgraded to BUY on Mar 22nd at $224.75   (SELL Mar 19 at $222.30)

Not much action this week but many equities are giving a sign of rolling over (dont be surprised if you see over a dozen stock upgrades and downgrades one weekend)
As for AAPL i think the sudden turnaround of signal seems to have been caused by unexpected demand for the iPad.

Disclaimer:
I am only giving the latest signal for the stock mentioned. Use at your own risk and make sure to take the date into consideration. If you have been trading for a while you should have realized that relying solely on the strategies of others (think Analyst Opinions) will lead to failure so please only take the signals I provide just as another indicator in making your informed BUY or SELL decision. Now go Make some MONEY!

Have a good weekend.

-K

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Current Picks Updated 3-14-2010

Posted by Investing Freak on March 14, 2010
Market Analysis / 1 Comment

After 3-4 months of neglecting the Current Picks Tab I have refreshed it tonight.

Have a look by clicking Current Picks here or up on the top of the page.

Here is a preview of the important indices.

IWM got buy signal on February 11, 2010

$SPX, SPY, $COMPX & QQQQ  – Buy signal on Feb 25th 2010

$INDU – Buy signal Feb 26, 2010

Post any comments on it here in this thread.

-K

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S&P Rising Wedge Pattern

Posted by Investing Freak on May 12, 2009
Market Analysis / Comments Off on S&P Rising Wedge Pattern

I wanted to post this chart of the S&P with the following indicators added.
Bollinger bands with 2 SD’s and also the 36MA.
It is a 4 hour interval so every candlestick represents 4 hours.
2 candlesticks equal to a full day so that eliminates a lot of noise and allows me to see what happened the first part of the day and the last part.

I did get a temporary sell signal on the S&P today but that was before the second candlestick closed so it is not yet a Sell.
As always I will update the latest signals every weekend until I find more time to update more often.
(Click the chart to enlarge)

spx-5-12-09

I hope you enjoy this chart and I really want your opinions on what to do with the direction of this blog and the types of things I post.

-K

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Stock Alerts of the Week May 4 – May 8 2009

Posted by Investing Freak on May 08, 2009
General / Comments Off on Stock Alerts of the Week May 4 – May 8 2009

Last week’s picks have so far turned out to be good. DRYS is up almost 30% since signal.
Let’s move to the score card.  5 positive gains of over 10% each. BAC signal got changed to a buy from a sell just 2 cents difference, and $BKX is acting up in my charting software so I will just eliminate it from watchlist.

Picks of the week of May 4th to May 8th 2009

Symbol

Buy Date

Buy Price

Sell Date

Sell Price

QQQQ

5-7-2009

34.29

BAC

5-4-2009

8.82

REW

5-7-2009

48.31

MOV

5-5-2009

8.98

DRYS

5-8-2009

8.36

URE

5-8-2009

3.70

CFX

5-7-2009

8.50

I hope you are enjoying the picks so far. And just let me know about any suggestions on the comment box

-K

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First Forward Testing of the system a Success [MOV]

Posted by Investing Freak on May 07, 2009
General / Comments Off on First Forward Testing of the system a Success [MOV]

Forward testing is when you use a strategy and instead of back-testing it with previous data you actually test it going forward and preferably with real money.
For my new system MOV became that victim stock to be tested.

I first got a buy signal on  April 17 2009 (Bought on the 20th at market open), i got in at 7.67.
I got a sell signal on May 5th 2009  and I sold at  8.81 with a market order.

I got about 14% profit on a 19 day long trade.
I don’t have a chart to post with this one but just wanted to say this first forward testing trade worked well.

Here’s to more good trades.

-K

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Investing in a Bearish Market

Posted by Investing Freak on August 18, 2008
Market Analysis / 2 Comments

During hard times like the ones we are seeing now with the economy, one thing i am beginning to like is Ultra Short ETF’s. They are basically bets against certain sectors or indexes. There are also ProShares which bet for the market to go up.

One of my latest moves into ETF’s is buying (SKF) Ultrashort Financials on August 14, 2008 . As you can see from the table i have provided (hopefully it displays decent in most readers) I am looking at the Point & Figure Patterns for the Top 40 stocks market cap wise in the financial sector. FRE and FNM are not up at the top but have been talked a lot about in recent news.

Before i get you confused as to what the signals mean I will provide a brief description of each, courtesy of stockcharts.com

  • The double bottom breakdown implies that the buyers who were supporting the price are no longer able to create demand that is more than the supply, and prices are breaking down.
  • A triple bottom breakdown is similar to a double bottom breakdown except that the price at which the breakdown occurred is a price that the chart retraced from two times before. The breakdown below this level implies that the sellers are now creating more supply than there is demand and therefore the prices are breaking down.
  • A double bottom followed by another double bottom, or three bottoms, each lower than the previous is recognized as an descending triple bottom breakdown. The idea is that supply is continuing to outstrip demand on an ongoing basis.
  • A bull trap is a triple top breakout followed by a reversal. The breakout is possibly due to buy stops being hit just above the resistance level, and the quick reversal suggests lower prices ahead.
  • The high pole warning is given when a chart rises above a previous high by at least 3 boxes but then reverses to give back at least 50 percent of the rise. The reversal implies that the demand that was making the prices rise has given way to supply pressure. The pattern is a warning that lower prices could be seen in the future.
  • Bullish signal reversed pattern is a series of rising tops and bottoms that finally soaks up all demand and the double bottom breakdown at the end signals that now supply is outstripping demand.

Enjoy the table I have created. As you can see many bearish signals were given on August 13 so I went ahead and bought SKF on Aug 14 at $123.50.

Top Bearish Financials

Symbol

Signal

Date Signal Spotted

FRE

Triple Bottom Breakdown

August 6, 2008

FNM

Double Bottom Breakdown

August 7, 2008

LFC

Double Bottom Breakdown

August 8, 2008

UBB

Double Bottom Breakdown

August 11, 2008

GS

Descending Tripple Bottom Breakdown

August 12, 2008

HBC

Triple Bottom Breakdown

August 13, 2008

JPM

Spread Triple Bottom Breakdown

August 13, 2008

C

Double Bottom Breakdown

August 13, 2008

WFC

Bull Trap

August 13, 2008

AIG

Bearish Triangle

August 13, 2008

BBD

Double Bottom Breakdown

August 13, 2008

MS

High Pole Warning

August 13, 2008

DB

Bullish Signal Reversed

August 13, 2008

WBK

High Pole Warning

August 13, 2008

MTU

Double Bottom Breakdown

August 14, 2008

BBV

Double Bottom Breakdown

August 14, 2008

CS

Double Bottom Breakdown

August 18, 2008

BLK

Double Bottom Breakdown

August 18, 2008

This is the longest post i’ve written and I’m sure some of you want to ask questions or make comments, please let’s discuss.

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