TRENDS – 28 June 2009

June 28, 2009

Markets are going in not very liquid summer season and we can expect to see some irrational behavior in those left trading instead walking on the beach 🙂

trends280609

Previous trends post

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.

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BG TRENDS 26 June 2009

June 26, 2009

As requested i am starting  a new trend sheet related to Bulgarian stock market.

Bulgarian stock market is highly illiquid compared to western standards, but trends are  seen clearly IMO.

BG_TRENDS

These are randomly selected stocks. For full list or any particular stock please contact me.

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.


Thought of the day

June 24, 2009

from michael covel web site!!!

“Most of us don’t have the discipline to stay focused on a single goal for five, ten, or twenty years, giving up everything to bring it off, but that’s what’s necessary to become an Olympic champion, a world class surgeon, or a Kirov ballerina. Even then, of course, it may be all in vain. You may make a single mistake that wipes out all the work. It may ruin the sweet, lovable self you were at seventeen. That old adage is true: You can do anything in life, you just can’t do everything. That’s what Bacon meant when he said a wife and children were hostages to fortune. If you put them first, you probably won’t run the three-and-a-half-minute-mile, make your first $10 million, write the great American novel, or go around the world on a motorcycle. Such goals take complete dedication.”
-Jim Rogers


TRENDS 23 June 2009

June 23, 2009

Markets in correction mode. Downside move is NOT supported by rising of volumes which could make this correction shallow one. Weaker dollar will further support flows to equities as long term inflation theme (despite short-term deflation mode)  is in a making.

IB

trends230609

Previous trends post

Daily trends are subject of revision on daily basis after market close. Weekly trends are revised on weekly basis after friday close.

Trends are based on my mechanical trend following system. They are NOT trading recommendations.


Proshares Double Short Oil ETF – Bullish setup

June 20, 2009

PowerShares DB Crude Oil Double Short ETN – Bullish technical picture

DTO


CHINA – Rock solid UPTREND

June 19, 2009

The whole world is trying to get short stocks in developed world instead going with the flow with China. After golden cross (MA50 &200) Shanghai stock exchange managed to stay in rock solid uptrend without any significant setback.

CHINA


More on markets cycles

June 15, 2009

US 10 Year Yield 5 Year cycle – Next low due in 2013 ?

bonds1

S&P500 – 4 year cycle

spx