Some of these I already have an open position, some I'd like to add to, some are new, but I'm presenting them all as potential (mostly short term possible trades, there are a couple that are longer term).
I wanted to get all of these in one place and before the 2 pm mark on op-ex day seemed like the best time to do it, so now you have a list of what I'm looking at and why, other than the positions that are already open, I don't feel especially comfortable opening or adding to any of these yet, but the point in this can change very quickly during the last 2 hours of the day and I don't want you to be blindsided by a sudden position announcement, at least you can come to this post as reference.
*Even though there are open positions in some of these, for the same of time and less confusion, I'm going to be treating them all as new positions as for many of you they likely would be.
The reason I'm not jumping at any of these now is the same as the market averages, strong confirmation. Honestly I don't know if the locals will put the kind of money in to even short term trades that usually gives us strong confirmation at this stage of the market, they may not be willing to risk much on any upside moves (some of these are downside candidates too.
Upside candidates, either Calls, leveraged long ETFs if available or equity longs.
*Obviously if we get signals that are strong enough to complete and enter any of these positions, there will likely be other positions in Sectors like XLF, XLK the market averages, etc.
MCP
2 min strong leading positive
15 min with a possible head fake move which is excellent timing and on an important longer term chart. *This is likely yo be a longer term long if it is taken so I think long equity works fine.
GOOG
2 min strong leading positive, has looked good for a couple of days now.
5 min leading positive divergence. This is meant to be a shorter term trade, I'd prefer using call options.
FSLR This is similar to MCP, I believe it has legs ot its own and doesn't need to draft the market like most of the other issues, for that reason I think this could be either an options or long equity position.
1 min leading positive out of what is likely seen as a bullish triangle consolidation.
FSLR 5 min leading positive
FSLR 30 min demonstrates the difference between a position like this vs GOOG long, GOOG is more of a short term (market bounce) while FSLR has more support on its own.
URRE also has legs of its own so I like it either as a long equity or options (call) position
2 min leading positive, but a larger flat-ish range that is often used to accumulate.
5 min leading positive, larger than the first divergence before the first run and a nice looking rounding bottom process.
URRE 10 min leading positive
URRE 30 min leading positive, obviously you can see the difference between a position like this and a likely bounce position.
Short Trade, Put Candidates either with options, leveraged ETFs in some case or short equity positions.
USO
1 min leading negative at a possible head fake.
3 min leading negative
10 min leading negative
60 min leading negative.
This is one of the short position ideas that is longer term in nature and could certainly run in to the market's big picture trend. Puts could be used, I might prefer a leveraged short ETF to try to take advantage of a likely longer trend.
GLD - for now this would be a short term position, I prefer puts or a leveraged short ETF, but be careful with volume in such ETFS.
1 min leading negative at a flat range.
2 min the same
5 min leading negative
GLD 10 min leading negative
SLV 1 min
3 min
5 min
GDX 2 min leading negative
5 min
10 min, I like this one a lot.
I'll let you know if any new entries come up.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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