Good morning Invest
https://goo.gl/8HcTUf
Edmargolis
Thursday, January 11, 2018
Thursday, October 15, 2009
1,250 S&P 500 & $US Sub "DXY" $72 Long Term Targets Remain-Near Term...
B"H
Please View This Message Online:
THURSDAY, OCTOBER 15, 2009
1250 S&P 500 Up Side Target BUT Profit Taking Along The Way Very Possible
B"H
Disclaimer: This is for educational purposes only. Full Disclaimer below. Please Remember Profit Protecting "Option Strategies" & Stop-Loss Orders May Help Protect Profits & Cap Losses Quickly:
Real Time On Twitter: https://twitter.com/chartingstock
*DOW JONES INDUSTRIAL AVERAGE BROKE ABOVE & CLOSED ABOVE 10,000. THIS IS APPROXIMATELY THE 50th TIME THE DOW HAS GONE ABOVE OR BELOW 10,000 SINCE 3/16/1999, THE FIRST TIME THE DOW BROKE ABOVE 10,000
*S&P 500 REACHED 9/17/09 BULLISH INSTITUTIONAL BUY EQUIVALENT TO 1,0881 & APPROXIMATELY $108.81 ON THE SPY & CLOSED ABOVE 1 YEAR 500 DAY EXPONENTIAL MOVING AVERAGE. UPSIDE BREAKOUT POSSIBLE BUT NEAR TERM OVERBOUGHT. *LONG TERM UP SIDE TARGET REMAINS 1,250 ALTHOUGH PULLBACKS ALONG THE WAY POSSIBLE.
*$US NEW NEAR TERM LOW, "DXY" $75.21-NEAR TERM-SUPPORT POSSIBLE BETWEEN $75-$76. ULTIMATELY RE-TEST "ALL TIME" LOW BELOW $72 VERY LIKELY
*OPTIONS EXPIRATION FRIDAY MORNING-INCREASED VOLATILITY LIKELY-POSSIBLY TO UPSIDE
*TODAY-OCT. 15th ECON/DATA CALENDER:
6am Nokia 7:30am Goldman Sachs Earnings, 8am Citigroup, Pre-Market-Time Not Available: IBM, Google, Harley Davidson,
8:30 AM Initial Claims
8:30 AM Continuing Claims, Core CPI, CPI, Empire Manufacturing
10:00 AM Philadelphia Fed
1:00 PM Crude Inventories
After The Close Earnings Advanced Micro Devices
*NATURAL GAS REACHED BEARISH INSTITUTIONAL TRADE AT 3:54PM 10/14/09
The S&P 500 Broke Above It's Recent Range & Reached Bullish Institutional Trades From 9/17/09 Equivalent To 1,081 On The S&P 500 & $108.81 On The SPY. Initially, The Market Sold Off From This Near Term Overbought Levels But Buying Following The "Federal Reserve Minutes" Release At 2pm Pushed The S&P 500 Slightly Above Recent Highs. The Major Headline Was The Dow's Ability To Close Above 10,000 Since October 6th, 2008. Near Term The Major Us Indexes Are Overbought Although 1 Bullish Institutional Trade In The Nasdaq 100/QQQQ Indicates That QQQQ $43.293 Is A Likely Near Term Target. Long Term, Charts Indicate That As Long As Support Near Or Above S&P 500 943.85 Holds, The Index Has An Increased Probability Of Reaching Its Up Side Target Of 1,250. Near Term Charts Indicate Large Institutional Selling Into This Weeks Strength, But The Possibility Of An Upside Breakout Cannot Be Discounted. Overall, The Market Is Clearly Favoring Long Term "Long/Buy" Trades & Very Strategic Short Term "Short Trades". Some Amount Of Profit Taking Is Likely Near Term As The Indexes Are Registering Multiple Near Term Overbought Signals. This Friday Marks Options Expiration Which Traditionally Increases Intra Day Volatility & Often Adds Near Term Support For US Markets. With This In Mind It Is Important For Traders To Adjust Hedging Options, Stop-Loss Orders & Position Sizing Accordingly.
Recent Institutional Sales In The S&P 500 Indicate That If Profit Taking Ensues, There Is An Increased Probability The S&P 500 Will Hit These Approximate Levels:
1,075. 1,074.17. 1,066.64. 1,065.40. 1,058.45. 1,040.77. 1,025.52. 1,022.
SPY Approximate Corresponding Levels:
$107.4174 $106.6361 $106.54 $105.845 $105.449 $104.02 $104.0774 $102.552 $102.20
The Level Of Selling Registering At The Approximate 1,074.17 Level Is Quite Significant & Indicates That There Is A Highly Increased Probability This Level Is Reached In Relatively Near Term Trading. It Is Again Important To Note That Upward Momentum From October 2nd At 9:30am Has Been Quite Strong & That Appropriate Risk Management Is Essential For All Trades. Despite The Near Term Overbought Indicators & Institutional Selling, It Is Important To Take Into Recent Upward Momentum In Any Trading Decisions. A Pullback To S&P 500 1,074.17 Is Highly Likely Near Term But Continued Upward Movement Especially Through Fridays Options Expiration Is Entirely Possible. As Always, Risk Management Is Key.
$US HIT NEW RECENT LOW. "DXY" $75-$76 MAY CONTINUE TO PROVIDE SUPPORT BUT A RE-TEST OF "ALL TIME LOWS" SLIGHTLY BELOW "DXY" $72 LIKELY. A STRONG BOUNCE FROM SUB $72 LEVEL IS POSSIBLE.
As Noted Yesterday, The $US Continues To Make New Recent Lows Hitting $75.21 At 2:13am. Despite Tuesday October 13th Clear Break Below The $76 Level, The Rate Of Decline For The $US Has Slowed In The Past 2 & 1/2 Weeks Of Trading. Ultimately, It Is Very Likely That The $US Will Re-Test The "All Time Lows" Under $72 On The "DXY". Near Term, Continued Relative Support Between The $75-$76 Level Is Entirely Possible. The Ultimate Decent Down Towards Sub $72 On The "DXY" Should Provide Positive Support For US Stocks & Commodities. There Is An Increased Probability That Somewhere Near The "All Time Lows" The $US May Experience A Very Sharp Rally. Despite The $US Down Trend Form October-November 2008 & March 2009 "Double Top" The Level Of Support Near The All Time Lows Should Not Entirely Be Discounted. This Coupled With The Fact That The Majority Of Trading Funds Are Positioned $US Bearish Could & Very Likely Will Spark At The Very Least A Temporary $US Rally. While This Event May Be Several Weeks Or Even Months Away, It Is Important For Traders Commodities & US Equities To Take Into Account The Very Strong Possible Support Near "DXY" $72.
BOTTOM LINE LONG TERM TARGETS OF 1,250 S&P 500 & $US BELOW "DXY" $72 REMAIN. RISK MANAGEMENT NEAR TERM KEY
Intra Day Volatility Should Increase As We Move Closer To Fridays Option Expiration. Taking Into Account The Possible Near Term Up Side Breakout For US Indexes Despite The Near Term Overbought Levels Is Key. Adjusting Risk Management Measures To Deal With Increased Intra Day Volatility Is Suggested. Overall, Charts Continue To Indicate That The S&P 500 Should Reach Its Up Side Target Of 1,250 As Long As Support Above Or Near 943.85 Holds. The $US Could Find Near Term Relative Support Near Between "DXY" $75-$76 But Longer Term Appears Very Likely To Re-Test The "All Time" Lows Below "DXY" $72. When/If The $US/"DXY" Breaks Below $75 It Should Provide A Catalyst For Continued Near Term Strength In Commodities & US Stocks. Watching To See Where Support Develops On The Likely Re-Test Of "All Time" $US Lows Is Key.
For Further $US Detailed Technical Analysis Including Multiple 3rd Party Links Please Click Here:
For Updated Natural Gas Technical Analysis Including Reaching Down Side Near Term Target:
For Bullish XLF/Financial Index & Further S&P 500 Analysis Please Click Here:
Good Trading
Please View This Message Online:
-------------------------------------------------------
Disclaimer--The Above is For Educational Purposes Only, STOP-LOSS ORDERS MAY BE A HELPFUL TOOL TO LIMITING LOSSES EARLY:
Please Read The Full Disclaimer Via This Link:
© 2009 chartingstock All Rights Reserved
Thursday, September 3, 2009
GLD Hit $97.80=July 8th 1:57pm Up Spike From $88.52, Down Spikes=$96.5525
B"H
Disclaimer: This is for educational purposes only. Full Disclaimer below.
Please Remember Profit Protecting "Option Strategies" & Stop-Loss Orders May Help Protect Profits & Cap Losses Quickly.
Real Time At Twitter: https://twitter.com/chartingstock
GLD Hit $97.80 Equal To July 8ths 1:57pm Up Spike From A Trading Price Of $88.52 On 7/8. This 9.28% Climb Was Clearly Signaled In The Institutional Chart Spike On July 8th.
Today Multiple Institutional Sales Registered At $96.5525. I Have Taken Profits In All GLD Shares As Stop Loss Orders Activated When GLD Passed $97.80.
Good Trading
----------------------------------------------------
Disclaimer--The Above is For Educational Purposes Only, STOP-LOSS ORDERS MAY BE A HELPFUL TOOL TO LIMITING LOSSES EARLY:
Please Read The Full Disclaimer Via This Link:
Follow in Real Time on Twitter: http://twitter.com/chartingstock Thank You & Good Trading
© 2009 chartingstock All Rights Reserved
Tuesday, August 4, 2009
GLD $97.80 But.., S&P 500 Extremelly Overbought, Shanghai Likely To Begin Pullback in August, $US Oversold Near Term, Longer Term $US Bear Trends, Risk Management Key
B"H
Disclaimer: This is for educational purposes only. Full Disclaimer below.
Please Remember Profit Protecting "Option Strategies" & Stop-Loss Orders May Help Protect Profits & Cap Losses Quickly.
Real Time At Twitter: https://twitter.com/chartingstock
*GLD-Continued Increased Probability Trending To $97.80 BUT Hitting $92.35 First Cannot Be Ruled Out
*S&P 500 Remains in Extreme Overbought Territory-While Seasonal Trends Suggest Rally Could Continue Through Aug. 11th-Risk Management On Long Positions Is Essential Near Term. Longer Term, Likely After Correction, S&P 500 1,250 Possible
*"Shanghai To Drop on Warning"-Technical Analysis, Carter Worth Oppenheimer (Link Below)
*$US At Yearly Lows-If Stock Selloff Begins, $US Could Easily Rally Very Fast-Pushing Stocks & Commodities Lower. Longer Term $US Trends Very Bearish.
*S&P 500 Strong Resistance 1,040-1,099.23
GLD TRADED HIGHEST LEVELS SINCE JUNE 4th TODAY, CONTINUED INCREASED PROBABILITY OF TRENDING TO $97.80, BUT DROPPING TO $92.35 FIRST CANNOT BE RULED OUT.
There continues to be an increased probability of GLD trending to $97.80 corresponding to a very large institutional trade that settled at $97.80 on July 8th at 1:57pm. Today, GLD hit its highest level since June 4th. Gold continues to show strong price momentum in the face of a weak stock market today. A move down to $92.35 corresponding to an institutional sell in the after hours on July 31st cannot be ruled before trending to $97.80. As always, risk management essential.
S&P 500 EXTREME OVERBOUGHT-1,040-1,099.23 CANNOT BE RULED OUT-BUT PULLBACK INCREASINGLY LIKELY
The S&P 500 has traded in & out of positive territory all day & remains virtually unchanged. Technical indicators show that the Index remains at extreme overbought levels. While the S&P could continue to move higher, it is important to note that many Technical Analysts are noting the S&P 500 & Shanghai Index extreme overbought measures. It is wise for anyone holding long positions in this market to tighten risk management measures. A move towards stronger resistance at the 1,040-1,099.23 cannot be ruled out before a correction & while seasonal trends suggest a continuation of the uptrend through August 11th, realizing the extreme overbought nature of the S&P 500 at this point is important. The proper use of Stop-Loss Orders should allow traders to capitalize if the market continues higher. Alternatively, if a correction begins near term, Stop-Loss Orders should successfully protect traders from the increasingly likely correction. Longer term, some technical analysts have pointed towards an increased probability of trending towards S&P 500 1,250. While this is certainly possible, a move towards these levels will very likely not occur before at least a 10% correction on the S&P 500. Again, risk management is key.
SHANGHAI SELL-OFF LIKELY, ADDITIONAL TECHNICAL ANALYSIS SUGGESTING SHANGHAI DROP LIKELY, CARTER WORTH TECHNICAL ANALYST OPPENHEIMER & CO.
Carter Worth, Chief Technical Strategist at Oppenheimer & Co. added his name to the long list of technical analysts who are calling for a major correction in Chinese Stocks. It is obvious that a Chinese pullback would have an immediate similar impact on US stocks. To view yesterdays compilation of Technical Analysts suggesting a likely 25%-33% drop in Chinese Stocks beginning sometime in August please click here:
Shanghai Index Correction Ranging From 25%-33% Likely To Begin Sometime in August-Technical Analysis From Robin Griffiths From Cazenove Capital & Elliot Wave Inc.
China Likely To Drop on 'Warning', Carter Worth, Chief Technical Analyst Oppenheimer Co.
$US AT 1 YEAR LOWS-IF A SELLOFF DEVELOPS IN STOCKS, $US WILL LIKELY RALLY VERY FAST DUE TO SHORT COVERING. LONGER TERM, $US IN VERY BEARISH TREND.
The $US is sitting at 1 year lows & while longer term trends for the $US are quite bearish, it is worth noting that any stock sell-off will very likely prompt a very strong & fast $US rally. This will likely hasten any potential Stock & Commodity selloff. This further strengthens the need for proper risk management on any Stock or Commodity "Long" position moving forward. Again, longer term $US trends are quite bearish, but near term, the $US is registering very oversold technical signals.
BOTTOM LINE-RISK MANAGEMENT INCLUDING STOPS SHOULD ALLOW TRADERS TO STAY IN THE MARKET UNTIL CORRECTION BEGINS WHETHER NOW OR CLOSER TO S&P 500 1,040-1,099.23 & AUGUST 11TH.
While a continuation of the rally in Stocks & Commodities cannot be ruled out, the growing number of extreme overbought technical measures for stocks & commodities should at the very least be noted. The proper use of risk management including stop-loss orders should allow traders to capitalize if the rally continues towards stronger upward resistance around the 1,040-1,099.23 level & the August 11th traditional seasonal trend change from Bullish to Bearish. If the rally continues towards these levels stops will not be hit. Alternatively, if a drop begins, proper risk management should protect traders moving forward. Realizing the risk in the market here is highly suggested.
Good Trading
-------------------------------------------------------
Market Messages Available at My Blog: http://chartingstock.blogspot.com/
Follow in Real Time on Twitter: https://twitter.com/chartingstock
@chartingstock
Comments & Suggestions Are Appreciated.
The Proper Use of Protective "Hedging" Options, Stop-Loss & Trailing Stop-Loss Orders May Be Helpful & Can Save You Thousands
The Benefits Of Using Technical Analysis In Making Trading Decisions:
If You Are Reading This Post On A Secondary Web-Site--Please Be Aware That Things Often Change
Very Rapidly In A Trading Day. Real Time Updates on Twitter Are Most Up To Date:
The Main Site Will Be Updated As Time Permits & Is Most Useful:
-------------------------------------------------------
Disclaimer--The Above is For Educational Purposes Only, Please read the full Disclaimer below. STOP-LOSS ORDERS MAY BE A HELPFUL TOOL TO LIMITING LOSSES EARLY. This is neither a solicitation nor an offer to Buy/Sell futures, options, commodities, stocks or any investment vehicle whatsoever. Futures, Options, Stock, Currencies, Commodities and all trading HAS LARGE POTENTIAL RISK.must be aware of the risks and be willing to accept them in order to invest in the futures and options markets (and all equity, currency, commodity markets). DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed herein and the product materials are for illustrative purposes only and not to be
construed as specific advisory recommendations. Stock market investments are risky. They don't provide fixed returns and past performance doesn't guarantee future results. All securities investments entail
the risk of great and sudden financial loss. Returns vary and you may have a gain or loss when you sell your securities. No assurance is given that anything
described here will be successful. The message contains neither recommendations nor solicitations to buy or sell securities. Documents are published solely for information and educational purposes and do not form the basis of any contract or commitment whatsoever. Nothing in the above should be construed as investment advice, either on behalf of particular stocks or in regard to overall investment strategies.
No representation or warranty, expressed or implied, is made as to the fairness, or correctness of the information contained in the above. Projections and
opinions expressed constitute the personal opinions of the authors and are set forth for informational and educational purposes only. I am not liable for
damages caused by actions taken as a result of the information in the above sites, guides, newsletters and e-books or any of their following pages, ads and
links. The expressed analysis and projections are subject to change without notice. No information above constitutes a recommendation to buy, sell or hold
any security, financial product or instrument discussed therein. We do not offer or provide any investment advice or opinion regarding the nature,
potential, value, suitability or profitability of any particular security, portfolio of securities, transaction or investment strategy, and you shall be
fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances,
investment objectives, risk tolerance, and liquidity needs.
Real Time At Twitter: https://twitter.com/chartingstock
Stop-Losses Can Save You Thousands-Please Read:
BELOW MY POSTS & INTERNAL http://www.chartingstock.blogspot.com/ LINKS ARE "SPONSORED ADVERTISEMENT LINKS" I HAVE NO CONNECTION WITH THESE SPONSORED
ADVERTISEMENTS. PLEASE FOLLOW IN REAL TIME ON TWITTER AT: @CHARTINGSTOCK http://twitter.com/chartingstock Good Trading
© 2009 chartingstock All Rights Reserved
Friday, July 17, 2009
B"H
Disclaimer: This is for educational purposes only. Full Disclaimer below.
Please Remember Profit Protecting "Option Strategies" & Stop-Loss Orders May Help Protect Profits & Cap Losses Quickly.
Real Time At Twitter: https://twitter.com/chartingstock
*Options Expiration Today-Increased Volatility Up & Down Especially First 1 Hour & Last 2 Hours Of Trading
*Art Cashin Notes Market Near Term "Overbought"-Although The Rally *Could* Continue-Risk Management Key http://www.cnbc.com/id/31948775
*Seasonality Suggests An Overall Up Trend From Approximately July 15th-August 11th But Dips Along The Way Likely.
*Downward Chart Spikes For SPY
*GLD Update-Could Very Easily Follow Market If Near Term Pull Back Develops Although Longer Term...
*Natural Gas-Mixed Signals-1 Technical Analysis Article Which Is Quite Bullish BUT Impt To Note The Major Flaws In The UNG ETF Which Could Very Easily Make That ETF Underperform The Underlying Commodity. Additionally Worth Noting Other Technical Analysts Pointing to additional lower lows for Nat Gas/UNG. Overall Risk For Longing Or Shorting Nat Gas High.
*Doug Kass Article-Cash Preservation Key
*Bottom Line-Likely Current Resistance Levels Cause Market To Stall Or Pullback Although Continuation Of Rally Through Mid August Possible. Longer Term-Risk Management Essential
This morning marks Options Expiration & as always traders should expect an increased level of volatility on the up & down side especially close to the opening & closing bells. Overall the market is near term overbought after a large run from Monday morning through today. There is an increased probability of Stocks & Commodities giving back part of this weeks gains especially after Options Expiration which is today. Likely Levels which the SPY could hit if a give back develops include:
$93.3655 $93.23 $93.04 $93.015 $90.6795 $87.24 $86.0069 Although it is essential to note that a bounce before the $86-$87.24 level is also likely. Overall seasonal trends suggest an uptrend from July 15th-August 11th but drops along the way are also quite likely. As always risk management is key. Several respected traders speculate that at lest part of this weeks gains can be attributed to market players proping up certain Stocks & ETF's in order to trigger highly profitable options trades. Whether or not that is the case risk management as always continues to be essential. Near term, GLD will very likely follow the market down if a pullback develops. Longer term it remains very likely that GLD will trend towards $97.80. Again, risk management is key.
NATURAL GAS-TECHNICAL ANALYSIS & EXTREME RISK WITH THE ETF UNG
Included below is a technical analysis article on Natural Gas. It is Worth Repeating Their are major major Flaws With The ETF UNG & That There Are Other Technical Analysts Who Continue To Be Quite Bearish On Nat Gas. The ETF UNG experienced an intraday trading halt over concerns by the CFTC on possible Market "Manipulation" whereby the ETF was artificially proping up the price of the underlying asset Natural Gas. There is speculation over how share issuance of this ETF will evolve in the coming months. Overall, the risk in trading Nat Gas from the long or short side is incredibly high & that risk is exponentially higher when trading the ETF UNG. Historical analysis shows that UNG has has been a complete disaster losing approximately 80% of its value from its peak in June of 2008 to now. Again, The incredible risk associated with Nat Gas & Especially UNG should be included in any possible decision.
Natural Gas Technical Analysis From Phil Flynn, Vice President Of Research At PFG Best in Chicago Posted On Bloomberg.com
BOTTOM LINE
As respected Hedge Fund Manager Doug Kass noted in the article below, Cash preservation continues to be key.
The analysis in his article is quite good & worth reading. The bottom line from my perspective is risk management cannot be understated moving forward. Taking a broader perspective of the market, the S&P 500 remains locked in a relatively tight trading range from approximately April 29th-Now. Yes the rally may continue. That being said, for longer term (i.e. past the next 30 days), ignoring the major problems in the economy & the major long term technical Bearish trends will very likely punish traders who do not implement proper downside protection.
Good Trading
-------------------------------------------------------
Market Messages Available at My Blog: http://chartingstock.blogspot.com/
Follow in Real Time on Twitter: https://twitter.com/chartingstock
@chartingstock
Comments & Suggestions Are Appreciated.
The Proper Use of Protective "Hedging" Options, Stop-Loss & Trailing Stop-Loss Orders May Be Helpful & Can Save You Thousands
The Benefits Of Using Technical Analysis In Making Trading Decisions:
If You Are Reading This Post On A Secondary Web-Site--Please Be Aware That Things Often Change
Very Rapidly In A Trading Day. Real Time Updates on Twitter Are Most Up To Date:
The Main Site Will Be Updated As Time Permits & Is Most Useful:
-------------------------------------------------------
Disclaimer--The Above is For Educational Purposes Only, Please read the full Disclaimer below. STOP-LOSS ORDERS MAY BE A HELPFUL TOOL TO LIMITING LOSSES EARLY. This is neither a solicitation nor an offer to Buy/Sell futures, options, commodities, stocks or any investment vehicle whatsoever. Futures, Options, Stock, Currencies, Commodities and all trading HAS LARGE POTENTIAL RISK.must be aware of the risks and be willing to accept them in order to invest in the futures and options markets (and all equity, currency, commodity markets). DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed herein and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. Stock market investments are risky. They don't provide fixed returns and past performance doesn't guarantee future results. All securities investments entail the risk of great and sudden financial loss. Returns vary and you may have a gain or loss when you sell your securities. No assurance is given that anything described here will be successful. The message contains neither recommendations nor solicitations to buy or sell securities. Documents are published solely for information and educational purposes and do not form the basis of any contract or commitment whatsoever. Nothing in the above should be construed as investment advice, either on behalf of particular stocks or in regard to overall investment strategies.No representation or warranty, expressed or implied, is made as to the fairness, or correctness of the information contained in the above. Projections and opinions expressed constitute the personal opinions of the authors and are set forth for informational and educational purposes only. I am not liable for
damages caused by actions taken as a result of the information in the above sites, guides, newsletters and e-books or any of their following pages, ads and links. The expressed analysis and projections are subject to change without notice. No information above constitutes a recommendation to buy, sell or hold any security, financial product or instrument discussed therein. We do not offer or provide any investment advice or opinion regarding the nature, potential, value, suitability or profitability of any particular security, portfolio of securities, transaction or investment strategy, and you shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Real Time At Twitter: https://twitter.com/chartingstock
Stop-Losses Can Save You Thousands-Please Read:
BELOW MY POSTS & INTERNAL http://www.chartingstock.blogspot.com/ LINKS ARE "SPONSORED ADVERTISEMENT LINKS" I HAVE NO CONNECTION WITH THESE SPONSORED
ADVERTISEMENTS. PLEASE FOLLOW IN REAL TIME ON TWITTER AT: @CHARTINGSTOCKhttp://twitter.com/chartingstock Good Trading © 2009 chartingstock All Rights Reserved Please Feel Free To Forward Links To The Blog. Thank You
Wednesday, July 8, 2009
SPY Volatility, GLD Upward $97.80
B"H
Disclaimer: This is for educational purposes only. Full Disclaimer below. Comments & Suggestions Are Always Appreciated.
Please Remember Profit Protecting "Option Strategies" & Stop-Loss Orders May Help Protect Profits & Cap Losses Quickly.
Messages/Posts Will Be Updated As Time Permits-With Additional Information & Links
Real Time At Twitter: https://twitter.com/chartingstock
*Extreme Volatility On Markets Today. One Cannot Rule Out A Large Drop Or A Bounce Higher-Risk Management Essential
*GLD Upward Chart Spike $97.80 From $89.241 At 1:57 pm. There is An Increased Probability Of GLD Trending Towards This Level Relatively Soon. Risk Management Key.
-------------------------------------------------------
Market Messages Available at My Blog: http://chartingstock.blogspot.com/
Follow in Real Time on Twitter: https://twitter.com/chartingstock
@chartingstock
Comments & Suggestions Are Appreciated.
The Proper Use of Protective "Hedging" Options, Stop-Loss & Trailing Stop-Loss Orders May Be Helpful & Can Save You Thousands
The Benefits Of Using Technical Analysis In Making Trading Decisions:
If You Are Reading This Post On A Secondary Web-Site--Please Be Aware That Things Often Change
Very Rapidly In A Trading Day. Real Time Updates on Twitter Are Most Up To Date:
The Main Site Will Be Updated As Time Permits & Is Most Useful:
-------------------------------------------------------
Disclaimer--The Above is For Educational Purposes Only, Please read the full Disclaimer below. STOP-LOSS ORDERS MAY BE A HELPFUL TOOL TO LIMITING LOSSES EARLY. This is neither a solicitation nor an offer to Buy/Sell futures, options, commodities, stocks or any investment vehicle whatsoever. Futures, Options, Stock, Currencies, Commodities and all trading HAS LARGE POTENTIAL RISK.must be aware of the risks and be willing to accept them in order to invest in the futures and options markets (and all equity, currency, commodity markets). DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed herein and the product materials are for illustrative purposes only and not to be
construed as specific advisory recommendations. Stock market investments are risky. They don't provide fixed returns and past performance doesn't guarantee future results. All securities investments entail
the risk of great and sudden financial loss. Returns vary and you may have a gain or loss when you sell your securities. No assurance is given that anything
described here will be successful. The message contains neither recommendations nor solicitations to buy or sell securities. Documents are published solely for information and educational purposes and do not form the basis of any contract or commitment whatsoever. Nothing in the above should be construed as investment advice, either on behalf of particular stocks or in regard to overall investment strategies.
No representation or warranty, expressed or implied, is made as to the fairness, or correctness of the information contained in the above. Projections and
opinions expressed constitute the personal opinions of the authors and are set forth for informational and educational purposes only. I am not liable for
damages caused by actions taken as a result of the information in the above sites, guides, newsletters and e-books or any of their following pages, ads and
links. The expressed analysis and projections are subject to change without notice. No information above constitutes a recommendation to buy, sell or hold
any security, financial product or instrument discussed therein. We do not offer or provide any investment advice or opinion regarding the nature,
potential, value, suitability or profitability of any particular security, portfolio of securities, transaction or investment strategy, and you shall be
fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances,
investment objectives, risk tolerance, and liquidity needs.
Real Time At Twitter: https://twitter.com/chartingstock
Stop-Losses Can Save You Thousands-Please Read:
BELOW MY POSTS & INTERNAL http://www.chartingstock.blogspot.com/ LINKS ARE "SPONSORED ADVERTISEMENT LINKS" I HAVE NO CONNECTION WITH THESE SPONSORED
ADVERTISEMENTS. PLEASE FOLLOW IN REAL TIME ON TWITTER AT: @CHARTINGSTOCK http://twitter.com/chartingstock Good Trading
© 2009 chartingstock All Rights Reserved
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