Friday, July 27, 2012
It's Deja Vu all over again....TVIX
We have initiated another play into TVIX. We bought today at $3.35. Check emails for details.
Wednesday, July 25, 2012
TVIX.......Sold!
$4.35 for a 38% gain in 4 days. We thought the market would tank and it did not...we took our opportunity to get out. Check emails for updates.
Tuesday, July 24, 2012
TVIX Trade Update......
As we stated in our email....WE HOLD. We decided to follow the computer because we had made that mistake in the past. If you use a system, you follow it. We are also profitable on the trade and decided to go for more. Let's see how it works out. Our target continues to be 5 plus.
GOOG Trade Update......
We got stopped out yesterday during the market volatility. Goog hit our $602 stop-loss order before recovering to close above $615. Oh well...we ended flat. We are going to stay on the sidelines for this right now and pocket our 30 points from the previous play.
TVIX Trade Update.......
We are up 31% since last Thursday. Do we hold or sell? Apple reports earnings after the close today. There is some strong market support at these levels; however, Apple could disappoint and TVIX could jump again. What are the computers saying? They are saying HOLD. Our logic tells us to take our 31% gain that we made in 3 days and avoid the gamble. Apple rarely disappoints! What to do......check emails for our decision.
Friday, July 20, 2012
GOOG trade revisited.....back on!
We liked the numbers they reported and were lucky to get back in this morning at 602. We gave up 5 points by selling at 597 yesterday; however, we don't like to risk it. We are going to put in a STOP LOSS order in at 602 (which is where we bought it this morning). Why not? Check emails for details.
Thursday, July 19, 2012
Initiated a starter position in TVIX
We have begun an accumulation program into TVIX ($3.18). We think it could go a little lower;however, we don't want to get too greedy. We took a 1/4 position.
GOOG Trade.....Sell now before earnings!
We just sold our GOOG Trade. Out at $597 for about 30 points. We don't hold going into earnings and decided to take a nice profit. Earnings out after the bell and they may disappoint. It may go higher; however, we are not confident enough on this one to gamble.
Tuesday, July 17, 2012
2012 Super Trade is very close!
The trade we have been tracking all year is getting very,very close! We have been tracking this since January and the time is any day now! Please check emails ASAP! Stay tuned!!!!!
Thursday, July 5, 2012
Called bottom in 1st week of June
Our "Close all Shorts" at Dow 12100 on first week of June worked. It hit 12961 today. Not bad. Check emails for new update.
Wednesday, June 20, 2012
As you know........
We will accept any challenge from "the best of the best" in any trade. Name your market and name your venue - we will play.
Tuesday, June 19, 2012
Any others?
We welcome all duels! Any others want to prove themselves? Big paychecks and no skills. Let's play in a public domain.
Trade Challenge!
We are willing to accept a trade challenge from the perceived "Best of Wall Street". Stay tuned for the details. An "Analysts" from a major institution has challenged our skills in a trade duel! Game on! I'll publish the details as soon as he/she does.
Trade Update and more.....
Continue to hold GOOG. The markets have rallied 900 points since our short close out. Sick! Now we are adding Groupon and Alcoa to our trading list. Sometimes a trader is right on. We are right on! Now it is getting close to a short attempt. Hold GOOG and look to add Groupon. FaceBook is going higher. Check emails for strategy update.
Saturday, June 9, 2012
Why the new trading model is easy profits!
We have discussed this before. The majority of Wall Street traders have been taught the very basics of technical analysis. This happened because a few authors that are well respected, have become the model of most current trading programs. The "Youngsters" in big positions are just doing what they have been taught. They have been taught from a few basic and popular schools of thought. The "Artists" have been displaced by a
corporate hiring program that screens for standardized skills and experiences. What is missing is an actual human interaction to screen for "artistic ability".Trading is an art. EASY PROFITS. Game Theory dictates that the more standardized the process becomes, the more predictable. Why? Because the moves become predictable. An "Artist" can anticipate where the bulk of the money-flow will be heading in the current homogenized environment. EASY PROFITS. Check emails for current updates. Our last call was outstanding....let's keep it up!
corporate hiring program that screens for standardized skills and experiences. What is missing is an actual human interaction to screen for "artistic ability".Trading is an art. EASY PROFITS. Game Theory dictates that the more standardized the process becomes, the more predictable. Why? Because the moves become predictable. An "Artist" can anticipate where the bulk of the money-flow will be heading in the current homogenized environment. EASY PROFITS. Check emails for current updates. Our last call was outstanding....let's keep it up!
Tuesday, June 5, 2012
Trade Watch: Goog position initiated....
Bought starting position in GOOG at 568 with add at 552. We really liked it at 600; however, our computers did not. Glad we followed their lead. Target is 800 plus.We think it can reach low 500- at that point it would be an "all in" with tight stop programs. GOOG will be 1000 dollars (pre-split). This is a high-probability play. In poker- you make bets at these points. We will play this hand. I am glad we saved our readers millions on the Facebook hand. Please review email report on our Google strategy. We may try a FB trade at 18.50. Stay tuned.
Close all shorts.....start trade program!
Looks like it has been playing out textbook. We are suggesting closing out the short sides. The bad news is played out- unless the dam breaks. Check emails for levels.
Saturday, May 26, 2012
Trade Watch: GOOG and FB
Google and FaceBook
There will be great trades here..........
GOOG- Split and confusion over voting/non-voting shares
FB - Correct valuation. ( Can we predict the right entry point?)
Check your emails for strategy and price targets.
There will be great trades here..........
GOOG- Split and confusion over voting/non-voting shares
FB - Correct valuation. ( Can we predict the right entry point?)
Check your emails for strategy and price targets.
A WSR Training Tool......A Key to Success.
Thank you for the feedback and the compliments. We have received numerous emails asking how our batting average is so high. I guess after a great day of working out, wonderful sunny day, and a party at the pool- we might let you in on a key to trading. First of all- God Bless Our Troops- Past and Present! This is Memorial Day Weekend. Don't EVER forget the ultimate sacrifice others have given so we can enjoy our way of life. Always remember and respect them! Always! We owe a tremendous amount to the parents and their sons and daughters who are/have been in the armed forces. Ourah!
Texas "No Limit" Hold'em. A crucial tool to learning how to invest and trade. Why? It teaches you the following:
1. Risk Management
2. Risk Management
3. Accepting and escaping losing propositions
4. Understanding market trading and betting patterns
5. Sticking/reversing during volatility for the payoff
6. Playing a game style that is most comfortable to your personality- Key
7. Understanding the bluff (media ) and the players ( analysts and institutions )
8. Trusting your instincts
9. Ability to understand luck and its place in your strategy with no emotion
0. Controlling your emotions and establishing confidence
As our readers know, Jesse Livermore was one of the greatest traders of all time. Now imagine his skills combined with the greatest poker players? Now add in current technology and the hiring trends at the largest institutions. You seeing the light?
In poker - it is crucial to learn the player's habits at your table. It is crucial to learn the habits of those that influence the market.
Have a wonderful and thoughtful Weekend!
Texas "No Limit" Hold'em. A crucial tool to learning how to invest and trade. Why? It teaches you the following:
1. Risk Management
2. Risk Management
3. Accepting and escaping losing propositions
4. Understanding market trading and betting patterns
5. Sticking/reversing during volatility for the payoff
6. Playing a game style that is most comfortable to your personality- Key
7. Understanding the bluff (media ) and the players ( analysts and institutions )
8. Trusting your instincts
9. Ability to understand luck and its place in your strategy with no emotion
0. Controlling your emotions and establishing confidence
As our readers know, Jesse Livermore was one of the greatest traders of all time. Now imagine his skills combined with the greatest poker players? Now add in current technology and the hiring trends at the largest institutions. You seeing the light?
In poker - it is crucial to learn the player's habits at your table. It is crucial to learn the habits of those that influence the market.
Have a wonderful and thoughtful Weekend!
Friday, May 18, 2012
Why we don't like FaceBook as an investment...
We have received many emails asking us what we have against the company. All social issues aside, we will talk about it as an investment. These views are our personal views and are no way a recommendation. Do your own homework.
1. Kids are fickle, volatile, and cost conscious- Our speculation is that the vast majority of its users are young adults and kids. They spend countless hours updating their "virtual images" and trying to increase their "popularity". It is the "cool thing" to do right now and it's free!
2. It is trading at more than 25 times trailing revenue and it is not fully determined exactly what are their earnings.
3. The risk of being able to monetize their users is huge. We don't think the majority of their users will adapt too willingly to fees or ads. A new "outlet" will attract the kids and FaceBook may not be so cool anymore.
4. The basic premise does not hold water. Eventually the "ideal images" and "perfect lives" portrayed by users will be seen as a pathetic excuse for attention. Susceptible to fad swing.
5. Lock-ups will expire, shares will increase. Potential sellers abound.
What would we pay for shares? 10 dollars.
WHAT WOULD CHANGE OUR MINDS?
1. They do claim 900 million users......that could be monetized.
2. A strategic shift into actually trying to "improve" society.
3. New technology
4. Strategic alliances
1. Kids are fickle, volatile, and cost conscious- Our speculation is that the vast majority of its users are young adults and kids. They spend countless hours updating their "virtual images" and trying to increase their "popularity". It is the "cool thing" to do right now and it's free!
2. It is trading at more than 25 times trailing revenue and it is not fully determined exactly what are their earnings.
3. The risk of being able to monetize their users is huge. We don't think the majority of their users will adapt too willingly to fees or ads. A new "outlet" will attract the kids and FaceBook may not be so cool anymore.
4. The basic premise does not hold water. Eventually the "ideal images" and "perfect lives" portrayed by users will be seen as a pathetic excuse for attention. Susceptible to fad swing.
5. Lock-ups will expire, shares will increase. Potential sellers abound.
What would we pay for shares? 10 dollars.
WHAT WOULD CHANGE OUR MINDS?
1. They do claim 900 million users......that could be monetized.
2. A strategic shift into actually trying to "improve" society.
3. New technology
4. Strategic alliances
FaceBook.....Who made money
The unprecedented marketing and spin put on the shares of FaceBook's IPO have made for a great payday for many participants. Who made the money?
1. Insiders - those that bought early and had a main role in the marketing of the shares. They sold a lot!
2. FaceBook employees
2. NASDAQ - huge trading volume and publicity
3. Underwriters - huge revenues and commissions
4. Retail Stock Brokers - How could any of their clients refuse to be so "lucky" to receive so many shares of a hot IPO? They couldn't get in on any of the hundreds of other deals that went up 50% or more the first day of trading; but, they were fortunate enough to get all they want of this issue.
5. CNBC and other media outlets - they pushed the story for weeks and increased their viewers and advertisement dollars from Wall Street institutions.
6. Large institutions who were informed ahead of time of the large retail demand
7. Countless others that had their hand in this huge "show".
Who may not make money?
I think you know the answer. You will hear all kinds of back-peddling, excuses, spin, etc.....They will now try to appear balanced in their opinions (they already made their money).
1. Insiders - those that bought early and had a main role in the marketing of the shares. They sold a lot!
2. FaceBook employees
2. NASDAQ - huge trading volume and publicity
3. Underwriters - huge revenues and commissions
4. Retail Stock Brokers - How could any of their clients refuse to be so "lucky" to receive so many shares of a hot IPO? They couldn't get in on any of the hundreds of other deals that went up 50% or more the first day of trading; but, they were fortunate enough to get all they want of this issue.
5. CNBC and other media outlets - they pushed the story for weeks and increased their viewers and advertisement dollars from Wall Street institutions.
6. Large institutions who were informed ahead of time of the large retail demand
7. Countless others that had their hand in this huge "show".
Who may not make money?
I think you know the answer. You will hear all kinds of back-peddling, excuses, spin, etc.....They will now try to appear balanced in their opinions (they already made their money).
Facebook Fizzle.......not surprised
WSR has been explaining this "hype and dump" scenario for the past few weeks. If you bought at the opening $43 dollars.....it is now $38. We warned you. You never want an IPO that the top 3 retail brokers smile as they make you feel "special" to get such a hot stock. Typical and predictable.
The FaceBook Deal Thoughts.....
1. It has the biggest retail investor interest ever!
2. Wall Street is making about 25% available to the average retail investor
3. Insiders are selling a large amount of shares
4. CNBC hype is in full swing
Predictions: 1.You will get the stock much cheaper
2. The fad will fade
3. Users will begin leaving once they try to monetize the site
2. Wall Street is making about 25% available to the average retail investor
3. Insiders are selling a large amount of shares
4. CNBC hype is in full swing
Predictions: 1.You will get the stock much cheaper
2. The fad will fade
3. Users will begin leaving once they try to monetize the site
Facebook Trade.....Completed
As we discussed a couple months ago, the market would trade up into the FaceBook IPO. The entire Wall Street spin machine has been gearing up for this event. Our plan was to sell before the IPO and go short. The plan worked perfect. We have covered our shorts today. You know our feelings on FaceBook. Stay tuned. Check emails for updates.
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