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Friday, March 31, 2017

New signals for 3-31-2017 $KSS $DAL $JWN $LYB $URBN $AAL $SPG $UAL $YUM $SLG

Hi everyone,

Following that long get away, there have been several, mostly Buy signals, during the past week.

I will not be analyzing the signals, unless requested specifically.

Buy signals for March 30th:
New Buy signals:
$DAL
$JWN
$LYB
$URBN

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Buy signals for March 29th:
New Buy signals:
$AAL
$SPG
$UAL
$YUM


New Sell signals in the last trading day:
$SLG


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P.S. That L3 ($LVLT) put position turned out quite for the better during this past week, with the stock just touching support levels around $55.50. I banked the down-move for a 70%-100% profit in two rounds on Tuesday.



That's it for today. Have a great one!

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.

Saturday, March 25, 2017

A heads up

Hi everyone,

I will be gone for a sort-of vacation from tomorrow until Thursday night, so I'll try to keep everyone posted by Friday.
Hopefully the markets won't be too volatile during the next week.


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, March 23, 2017

New signals for 03-23-2017 $IP $BBT $COF $DFS $DG $ETFC $FITB $JWN $KEY $KSS $LNC $M $PBCT $TGT $F $VRSK

Hi everyone,

Tuesday was kind of chaotic in the markets, with the S&P trading lower than 1% for the first time in more than 100 days.

It is not unexpected then, that my UltimateAlgorithm posted multiple Sell signals (and 1 Buy signal).

Here they are, there's too many so I will not analyze them today:

New Buy signals in the last trading day:
IP


New Sell signals in the last trading day:
BBT
COF
DFS
DG
ETFC
FITB
JWN
KEY
KSS
LNC
M
PBCT
TGT


For Monday, we received a couple more signals:

New Buy signals in the last trading day (1):
VRSK


New Sell signals in the last trading day (1):
F

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That's it for today. Have a great one!

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, March 21, 2017

Market Update $NVDA

Hi Everyone,

So, after initially buying a Put (and losing money on it), I bought a 110 Call for April 21 (right around when the Buy signal for $NVDA was received)

Well, good news is it finally worked out.
Last price for yesterday on $NVDA saw it almost reaching $110.
I sold my Call (which I had bought when NVDA was trading around $100) for about 120% profit. Not bad all in all.

I am still in Short on $LVLT which has not done much in the last trading sessions.


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That's it for today. Have a great one!

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, March 15, 2017

New signals for 3-15-2017 $NVDA $INTC $UAL $VNO $VTR $WFM

Hi everyone,

Important update - I exited my position when $NVDA broke off its trend, as can be shown in the following chart:

Buy signal was given to $NVDA (last price: $101.78)
For today, my UltimateAlgorithm switched hats and NVDA is now a Buy.
I took a loss on my put position that I posted earlier this week.

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Sell signal was given to $INTC (last price: $35.18)
Intel's stock has been trending lower recently and is trading on a bearish wedge.
My algo says Sell right now. Would consider a short under support around $34.90.


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Sell signal was given to $UAL (last price: $66.55)
United Airlines stock seems to have fallen off a cliff on yesterday's action.

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Sell signal was given to $VNO (last price: $102.45)

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Sell signal was given to $VTR (last price: $59.36)
Similar pattern to $VNO. Doesn't look good.

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Sell signal was given to $VTR (last price: $59.36)
This one is similar to the previous two but it seems to be converging, which could imply a big move coming up. Which way though, I could not tell. Would simply stay away.

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That's it for today. Have a great one!

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.

Sunday, March 12, 2017

New signals for 3-13-2017 $EQT $IP $SPG

Hi everyone,

For the start of the trading week we have 3 new Sell signals.

Sell signal was given to $EQT (last price: $57.08)

Hopefully if any of you tracked my Buy signal posted on January 24th, you also put a stop-loss where I cautioned support, around the $61.50 level. Since the Buy signal, the stock gained about 3% at most before dropping more than 10% as of last week.
Now it's official, and the stock is a Sell according to my algorithm.
So the stock has been dropping quite sharply lately, but I would expect a short bounce from near support to the top of the channel before further declines can occur.
The odds are not great from this position, so I would not enter a Short right here.

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Sell signal was given to $IP (last price: $50.70)
International Paper stock seems to be wedging down recently, and the pattern is expected to break any day now. My algorithm says Sell, and I think a cautious trade could be profitable here.


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Sell signal was given to $SPG (last price: $168.17)
Simon Property Group just made fresh 52-week lows. This price level was last seen in 2014. Definitely a down-trodden stock!
The UltimateAlgorithm says to Sell here, and a Short may also be in order. Take a stop-loss order above $175, but keep in mind that this may just be a BIG down move, I'm talking about a move that
would last for months until support is found.


That's it for today. Have a great one!

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, March 10, 2017

New signals for 3-10-2017 $TRIP $MSI $AES $HRL $LVLT $MAT $NBL $URBN

Hi everyone,

The past week saw little activity of signals from my algorithm.
However, for today and yesterday we received a bunch of new Buy and Sell signals.

To begin with our Buy Signals:
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Buy signal was given to $TRIP (last price: $43.59)
The tide may be turning to the positive for TripAdvisor stock, at least in the short term. Looking back to 2014, TRIP has peaked during that year, and ever since has been on a downward trending channel. It appears to be trading at the bottom of that channel, and the UltimateAlgorithm seems to think it should bounce from here.


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Buy signal was given to $MSI (last price: $81.37)
A measured move by MSI gets us a price target around $89 (about 9.5% reward) while the risk seems to be just under $78.70 (about 3.35% risk). This makes it an attractive setup for Long.

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Sell signal was given to $AES (last price: $11.06)
The stock seems to trade in a downward channel. I would enter Short on breaking below $11.

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Sell signal was given to $HRL (last price: $34.55)

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Sell signal was given to $LVLT (last price: $55.86)
A nice trending channel has emerged for $LVLT. Combined with the algo's Sell signal this looks ripe for a Short.

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Sell signal was given to $MAT (last price: $25.20)
Following its December 17th Sell signal, the UltimateAlgorithm sees another Sell opportunity in Mattel stock.
I believe it is a moderate risk:reward and would consider a Short under $24.75.


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Sell signal was given to $NBL (last price: $34.63)
Would seek a Short under $32.87.

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Sell signal was given to $URBN (last price: $24.72)

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That's it for today. Have a great one!

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, March 7, 2017

Market Update $NVDA

Hi everyone,

Following yesterday's Sell signal on Nvidia stock, I decided to join the bandwagon and entered a small Short position.

I set up a trade as follows: Buy-to-Open April 21 PUT option with strike price 90. My limit order was filled at $1.88 when the stock was trading around $97.70

I honestly believe this stock is highly overvalued and that the price should decline rapidly within the next 30 days to around $85-80.

I will put a stop-loss limit order to protect my position off course.

For today, my algorithm did not produce any new signals.

That's it for today. Have a great one!

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.

Sunday, March 5, 2017

New signals for 03-06-2017 $NVDA $DVN

Hi everyone,

I know, I haven't posted for almost a week. We've had some trouble with the algorithm, so we did not recieve any new notifications for most of last week.

We did, however, recieve 2 interesting signals on Thursday and Friday.

Sell signal was given to $NVDA (last price: $98.43)
It is without question that Nvidia's stock was one of the best performing stocks in the S&P500 in 2016, having rallied close to 250% to a market cap of $60 billion. Reasons for the rally included a new line of GPUs which were just incredible, and the high demand for its hardware in the auto industrry.
However, as of last week, the stock was given a Sell!
We can look at the weekly chart and notice that the stock is now already down 18% from its 52-week highs of $120.92 (just 3 weeks ago).

It looks like the stock may be forming a Head & Shoulders, meaning it could drop way lower from here.
Following a smart stop-loss above its trending downward channel brings a risk:reward of 2.9 with a price target around $80.

In short, I would enter Short here with a cautios stop-loss around $102.6 and reduce it as the stock continue down-hill.

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Buy signal was given to $DVN (last price: $43.35)
I don't see the upside in this stock currently. But the UltimateAlgorithm has been known to "foresee" a sudden rally in stocks just before they occur.




That's it for today. Have a great one!

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.