Updated Trend Models Table
Below are the updated Trend Models going into the weekend. With the new format the changes in reversal thresholds are minimal and if you think about it, that makes the system even easier to trade and manage. At the suggestion [More]
TAGS: QLD, Trend Models
Market Close, May 30th
No new signals today as all of our intermediate trend models continue upwards with general market. BTW, for all of our market timing: QLD = general market, despite being tied to Nasdaq for computational purposes. FSLR I drive past First [More]
TAGS: BTW, FSLR, Market Close, QLD, Trend Models, TSLA, Weekly Long Term
QLD Trading System – Update
QLD remains on the north side of it’s directional trend line and thus, Long. QLD is up 1.2% this morning, compared to about 0.6% for the overall market, levels that are in line with the leveraged character of QLD. So [More]
Market Close, May 29th
All of the Daily Trend Models, including QLD, remain above their respective reversal Short levels, therefore the uptrend is still in tact, for now. Note how on the QLD Hourly chart below that the short-term trend is waning, but not [More]
TAGS: Daily Trend, Daily Trend Models, Market Close, NFLX, QLD, Trend Models
Market Close, May 28th
With the new focus on the limited number of high-confidence trading models, it becomes easier for me to get out these market close reports before the actual session closes. This will allow me to address trades that are about to [More]
LEAPS
In combination with the restructuring of our strategic trends portfolio, I will be introducing the use of LEAPS to significantly increase returns from extended trends. LEAPS are refers to,”Long Term Equity Anticipation Securities,” which is a fancy name for long-term options. As [More]
TAGS: CBOE, LEAPS, trading, trend following
Interim Market Update
Despite the weak Open, it appears that nothing dramatic will occur in front of the long holiday weekend. But do note that both FXI (China stock market) and EFA (Foreign stock markets), are in “Sell Pending” mode awaiting confirmation at [More]
TAGS: Sell Pending, Trades Table, trading, Weekend Update
NNVC – Update
NNVC closed at $0.72 on Thursday, reaching as high as $0.76 intraday. Most impressive was volume, 1.8 million, compared to average daily volume of 300K. The stock bottomed at $0.32 in late February and has run up 125% off of [More]
Weekend Update, May 27th
New Signals FXI & EFA—–>New Intermediate Term SELL Signals CDNS—–>New Long Term BUY Signal Weekend Commentary This has been more or less the format of our daily and weekend updates since the inception of AllanTrends. In an effort to make [More]