Pages

Tuesday, January 31, 2017

New signals for 01-31-2017 $SIG $XRAY $ESRX $STT

Yesterday was a fun day.. NOT!

Trump's immigration orders affected the market mostly in a negative way. Now investors are (finally) starting to realize what damages this guy is capable of.

The funny thing is, since Trump was elected the markets went up pretty sharply (look at the banking sector in particular). Oh how the tides turn. Mr. Market is a precarious b***h!

This may be the start of a pullback. Following yesterday's drop of 0.6-0.8% in the leading indices, the future currently point to a red start. But I'm still holding onto my positions (mainly ETFs with enough diversification to minimize risk, but still holding onto $VIAV $TIF and $AYR).

For today we have a mix of 2 Buy signals and 2 Sell signals.

Buy signal was given to $SIG (last price: $79.16)
Stop-loss at $71.76 (just below previous support) and a price target of $92.78 (next resistance).
Some wide price range brings in plenty of risk here. I would enter a Long position above $85.

Buy signal was given to $XRAY (last price: $56.34)

The great thing about this setup, is that Dentsply Sirona stock has been foming a super-clear technical trend line since December, that if broken will probably lead to higher prices.
Buy above $57, stop-loss under $55. I really like this setup (around 3.5 risk:reward ratio with a PT of $60.90)



Sell signal was given to $ESRX (last price: $68.11)

Similar trend to that of $XRAY (look above) just steeper and with limited upside potential.
Stop-loss above $70, PT at $64.50. Not loving this setup.

Sell signal was given to $STT (last price: $76.20)

Looking at the chart, it seems $STT is falling off a cliff any day now. Perhaps it has already started falling!


Would probably sell a position here if I had one, and might enter short with a wide stop-loss (around $81) with hopes to ride it down all the way to $69 and lower.



To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Monday, January 30, 2017

New signals for 01-30-2017 $MCK $NOC $VAR

Hi everyone,

For today we have three new Sell signals

Sell signal was given to $MCK (last price: $136.74)
It seems my UltimateAlgorithm thinks that Mckesson Corp. stock wants test out support at $123.60. But a stop-loss to around $150 makes this trade a not-too-great opportunity. I would pass this one.

Sell signal was given to $NOC (last price: $229.83)
Northrup Grumman stock shows an attractive risk:reward.
If the stock is able to fill the gap under $223, then it could present with a nice profit opportunity. Check out the following chart for hints of a price target and stop-loss:



Sell signal was given to $VAR (last price: $88.80)
Despite the previous trading sessions's rally of 2.7%, Varian Medical was given a sell by my UltimateAlgorithm.
I actually really like this setup, and it would seem the stock is going to break sooner than later:



To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Friday, January 27, 2017

NEW signals for 01-27-2017 $SYY $WU

Some new signals for today:

Sell signal was given to $SYY (last price: $53.03)

Sysco stock has been on a downtrend since December 20th, 2016. It seems to continue going in that direction, according to the UltimateAlgorithm. I would enter a position on a light recovery around $54 with a stop-loss at $54.80 and a Short price target of $50 and under.



Sell signal was given to $WU (last price: $19.59)
It seems as if Western Union stock has fallen off a cliff in the last few trading sessions, having dropped around 13% from its early-January highs.
A bet on further down days could prove attractive, given a stop-loss around $20.20 and a price target of $18.00. With a risk:reward of 2.85 this setup looks good in my eyes.



Last night, Alphabet ($GOOG, $GOOGL) reported earnings together with some other giants Microsoft ($MSFT) and Intel ($INTC). Preliminary action suggested not great results, Google having disappointed investors and analysts with its bottom-line results.
This could drag all of NASDAQ and the market as a whole to a red day/week. We will have to see how it ends, though.


To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Thursday, January 26, 2017

Performance Review December 16th to January 26th $ATVI $MAT $JWN $MCO $BMY

I've been working on producing a chronological list of performance of  signals given through my UltimateAlgorithm and that have been posted on this blog.

It should be noted that only a month or so has passed since I started this blog (about 40 days to be precise), and it is still early to announce any dominant trading strategy (long or short) through the system.


So here are the results:


As you may probably notice, some stocks are missing. This is due to the fact that some stocks already had the chance to reverse-signal since the first signal had been given. For example, $MCO was given a Sell signal on December 28th, and then a Buy signal on January 12th. I've only included the latter, as it was a bit tough to display the sell signal.
Also, I was not able to put $ACN on Excel without the software changing the spelling to CAN. So I passed it, but looking at the stock it did not do much during that period.

All in all, when examining at the average performance of Buy signals, we are looking at an average of 0.5% per stock.
When examining the average performance of Sell signals, we are looking at an average of -1.1% per stock.
So, to sum it up, currently the algorithm is doing it's job pretty well with some notable winners:
$ATVI (Long) - shot up 8% in 31 days,
$MAT (Short) - tanked 8% in 31 days,
$JWN (Short) - tanked 9% in 25 days,
$MCO (Long) - shot up 9.5% in 12 days,
$BMY (Short) - fell 4% in 4 days.

One big loser which stank up my Buy performance is $PRGO which tanked 14.48% in 28 days. It hasn't yet received a Sell signal from the algorithm, but it is highly likely to get it in the following day, as 14% is usually a stop-loss target.



To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

New signals for 01-26-2017 $AMG $HRS $AET

Hey everyone,

Yet another great day on the stock market with all three major indexes, Dow Jones, S&P 500 and NASDAQ hitting new all-time highs! Dow 20,000!

For today we have three new signals from my UltimateAlgorithm.

A Buy signal was given for $AMG stock (last price: $145.70)
Nice risk:reward here as it seems the stock is rallying towards $162 range.


A Buy signal was given to $HRS (last price: $101.12)
I would enter a position above the near resistance level in the following chart:


A Sell signal was given to $AET ($119.14)
Similar pattern to $HRS, only on the short side. I would enter a short position under the near support in the following chart:



To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Wednesday, January 25, 2017

New signals for 01-25-2017 $KSS $VFC $BK $CELG $DG $DLTR

Hi everyone,

We have plenty of signal action for today with 2 new Buy signals and 4 new Sell signals

For starters, I posted on January 11th a Sell signal for VFC, let's have a look at what the stock did since then:



As you can see, VFC dropped up to 4.84% of its posted signal price in just 4 trading days!

Today the stock has recovered it (and hopefully so have you), and the stock was given a Buy signal (last price: $52.68).
Combined with last night's Buy signal for $M (Macy's) it seems as though the retail sector is experiencing a light rally. VFC looks ripe for outperformance with an attractive risk:reward of 2.24 (risk: 4.14% to $50.50; reward: 9.28% to $57.59).

An additional Buy signal was given to $KSS (last price: $40.26). I do not like this setup as it still could go lower.

Sell signals:

$BK (last price: $44.63) - has a long way to drop, looks pretty good for a short.

$CELG (last price: $112.45) - not great risk:reward here, would stay away for now.

$DG (last price: $71.75) - looks ripe for a short, nice risk:reward

$DLTR (last price: $76.88) - looks like a tight downward range, does not seem attractive to my eyes.

That's all the time I have for today, that table of signal performance is slowly, but surely, coming!

To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Tuesday, January 24, 2017

Some Updates 01-24-2017 $MCO $EQT $HPQ $M $BMY

Hey guys,

Have not posted much lately, I was busy snowboarding in the French Alps (Val Thorens FTW)

To start with some lovely news, $MCO has been behaving exactly as predicted just two weeks ago when it traded at $95.02. It has since gone up about 7%! 
A $10,000 position would net right now a profit of about $720 (before commissions, fees and taxes), in 12 days.

[I'll work on providing a table which summarizes performance of past signals for people to understand the massive impact of these trade signals]

Some new signals for today
Buy signal for $EQT (last price: $64.03)
I posted a Sell signal for EQT also about two weeks ago. It did drop around 3% during that time but has since rebounded and is again on the same level when the first Sell signal was posted. Right now the algorithm says BUY. Technically the signal was provided prior to today's massive 2.6% run of the stock, but I am not going to count it as I haven't had the chance to post it until now, when it is after market hours (will try to post on time in future posts).
This is still a nice setup at this level, with support around $61.50 (risk: 4%) and resistance at $68.50 (reward: 7%).

A Buy signal was given today to $HPQ (last price: $15.17), and again It should be noted that signals were provided by the algorithm prior to today's opening bell, I just hadn't had the chance to post these precious tips. So again, I will not count today's great 3.4% run as I'm only posting the signal after market hours.

I would look for a small pullback to around $14.70 before entering a long position here as the risk:reward is not attractive.

A Buy signal was given today to $M (last price: $29.98). Macy's was given a Sell signal on January 9th and had since dropped up to 4% but also had some time to recover losses. Now, according to my algorithm it is a Buy.
This retail stock has shed a lot of blood in the past two months and has much to recover yet. The risk:reward here is pretty attractive if you believe it is not yet the end for Macy's.


A Sell signal was given today to $BMY (last price: $48.96). Bristol Myers Squib has been quite volatile lately, having dropped around 10% on January 20th. It seems the algorithm is tired of this position and suggests getting rid of it.

To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Thursday, January 12, 2017

Signals for 01-12-2017 $MCO

Hey everyone,

So, If you may recall, I posted a Sell signal on $MCO on the last trading day of 2016.

So since then the stock actually bounced pretty hard, and then in the last two trading sessions had dropped back to around $95, so basically it made a round trip to last night's closing price.

My algorithm has posted a Buy signal for $MCO (last price: $95.02).
Technically it seems that the stock is very close to finishing a wedge pattern.
With a stop-loss under $92.50 and a high price target (over the wedge) this presents a nice 3.62 risk:reward ratio.
So again, it's a Buy!



To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Wednesday, January 11, 2017

New signals for 01-11-2017 $IVZ $EQT $VFC

Hey everyone,
For today we have three new signals.

Buy signal for $IVZ (last price $30.67)
It seems the stock has recently emerged from a cup with handle pattern. I would have put a pretty tight stop-loss at about $30 with a near price target of the previous top - $33.34. Overall a nice risk:reward of about 3.6 makes this an attractive trade.

Sell signal for $EQT (last price $63.34)
Stop-loss at $68.50
PT $54.50
Risk:reward ratio of 1.7 does not make it an attractive trade.

Sell signal for $VFC (last price $53.24)
One of my all-time favorite stocks, VFC has seen some ups and down in recent years. The company which owns numerous brands, namely The North Face and Timberland, has not been able to catch a break. Today my algorithm posted a Sell signal. Considering the stock made a round-trip around $55-$60 during 2016 this is not yet a buyable stock. And since the stock is nearing its 52-week lows, I'm not sure how to relate to this signal. I'm pretty long-biased to the stock, so won't short it here.

That's it for today,

To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.

Monday, January 9, 2017

New signals for 9-1-2017 $COH $ACN $KSS $LB $M

Hey everyone,

My algorithm had a small bug from the start of the year so I probably missed a few signals here and there. Actually it may look like many stocks were sold in the past week. I actually may call a top very soon, but I'll let the algorithm do that for me. It usually posts a "Top" or "Bottom" 2-3 times a year. Last year it did so quite well in February and August if I'm not mistaken.

So here are the newest signals for the upcoming trading session:
Buy Signal for $COH:
As opposed to other retail names, Coach has acted nicely in the last trading sessions. COH closed Friday at $35.54, and it would seem $34.16 is its latest bottom (risk: 3.6%). Its latest top was at about $38.64 (reward: 9%) which makes for a pretty lucrative trade opportunity with a 2.5 risk:reward ratio.



Sell Signals include: $ACN $KSS $LB $M

I would not touch $ACN (last price: $116.30) except maybe sell a position (If I had one), the risk:reward here is not great.

$KSS (last price: $41.43) took a huge blow last week, and its technical chart seems pretty broken. It could go either way. would not touch it as well.

$LB (last price: $61.23) has had a pretty lousy 2016, and 2017 doesn't seem all that better as the stock is nearing its 52-week low of $60.
It could definitely go lower from here, but again, the risk:reward ratio is not much promising.

$M (last price: $30.82) joined the major retail names in dropping last week as Amazon ($AMZN) is constantly biting from their market share. It could go lower here, but you must account for a possible pullback to the upside before another dive is due.

To see general results of the algorithm click here.
Check out my Essential Reading List here (I may receive some compensation if you purchase anything on Amazon following my links)

TK

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my About page for a full disclaimer.