Sector Trends:
Material =
Energy +
Financials =
Industrial +
C. Staples +
Utilities +
Health Care +
C. Discretionary =
Dollar -
Agriculture -
Biotech +
Real Estate +
Crude -
Gold +
Tuesday, January 27, 2009
Crude down big time
Crude Oil fund USO down over 8% today, my position in DXO was stopped out at the no-loss price ... I guess Obama has been promoting alternative energy so even when Energy is up while crude is down big time.
Monday, January 26, 2009
Wednesday, January 21, 2009
Triple Leveraged Bearish Financial
A huge down day on this while the XLF was up by a fraction of this. How can this deleveraging be avoided?
Tuesday, January 20, 2009
Financials
As I had some 3X leveraged short on the financials, but sold all on last last Friday, either wise would made a fortune...
Friday, January 16, 2009
Trades & Sector Leaders
Today I have entered several new bullish positions, on China, Health Care Sector, Biotech.
Market leaders are commodities, biotech & health care.
Market laggers are industrial & financials.
Thursday, January 15, 2009
Wednesday, January 14, 2009
Energy Bull Trap
I mentioned that I have entered a small position in Energy and Health care on the 13th, I have exited both positions on 14th due to reversal. Let's review if we could have prevent the trap.
We see that although the 15min charts showed bullishness on the 13th, however in the longer term chart, the 60min ones, it is actually still showing bearishness.
Sectors Leading the Markets Up: Energy, Health Care, Utilities
Sectors Leading the Markets Down: Financials, Consumer Staples, Industrials, Real Estate
Tuesday, January 13, 2009
Sectors Reversals?!
As the S&P500 consolidating, some sectors became leading the S&P back up. These are consumer staples, energy, health care. Financials & Real Estate had a good run up but were pushed back down afternoon. I have entered a couple of small positions, bullish in energy & health care via ERX & RXL.
Saturday, January 10, 2009
EUR/USD
It looks like the price is bouncing around the important retracement region ... which way is it going to go???
Friday, January 9, 2009
My Watch List & Trades
The list I constantly watching ... most are in red, the top 7 are the positions I open, all short except Euro.
Below are the trades I took this week, 6 positions in total, I have wiped out the size of the positions and other stuff but other relevant info are there.
Thursday, January 8, 2009
Positions
Right now I have 7 positions opened:
Long: EUR/USD
Short: Real Estate, Financials, Energy, Material, Far East Region, Small Cap Index
Real Estate & Financials are the two that are strongly bearish ..
Wednesday, January 7, 2009
3X Leveraged ETF's
Direxion Shares is offering a list of 3X leveraged ETF's
BGU/BGZ Russell 1000 large cap
TNA/TZA Russell 2000 small cap
FAS/FAZ Russell 1000 financial
ERX/ERY Russell 1000 energy
DZK/DPK MSCI EAFE Index
EDC/EDZ MSCI Emerging Markets Index
TYH/TYP Russell 1000 Technology Index Index
Positions
Today I opened several positions, bearish via leveraged inverse ETF's of sectors/regions:
IWM, EFA, XLB.
Along with existing bearish leveraged positions:
IYR, XLE, XLF.
Long position on EUR/USD.
Tuesday, January 6, 2009
Sectors
The Real Estate index is bouncing around into a huge gain.
The Euro/USD is between its 50-62.8% retracement zone ...
The Energy and the Financials are up but relatively flat during the course of the session
Only 2 of the sectors I am following were bearish today, Health Care & Utilities.
Monday, January 5, 2009
Positions Opened
I have been lazy in updating my blog, today I have opened 3 bearish small positions, with leveraged inverse ETF's. (SRS, ERY, FAZ) ...
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