MARKET ALPHA'S GOLDEN CROSS - TLTNASDAQ:TLT
Here is my take on a common trading strategy that uses the 50 and 200 moving averages to indicate a trend change.
In my version, I use two multi time frame EMA's. One runs at an input of 26 and the other runs at 104.
Typically these kind of crosses will involve a retest and sometimes may fail, but if the trend holds true in a reversal we can usually see pretty large gains.
As always, don't get over confident and always know your stop loss and take profit levels.
Puts
Institutions Taking Advantage of Early BTC Dip BuyersCOINBASE:BTCUSD
Bitcoin has been a sell since 63,500 and hasn't looked back up since.
The future may be digital but the realized and unrealized gains now.
Dip buyers are struggling to keep even the bearish channel intact. Unlikely to see higher levels before we test under 30, even then... 20k is in the crosshairs.
MARKET ALPHA - DOGESymbol: BITFINEX:DOGEUSD
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Comments: This thing is literally going back to 3 cents. The market is not a friendly place and should be avoided unless a plan is had and you are completely fine with losing 100% of your investment especially in something like dogecoin.
When you think you are right in the market you have already lost your edge.
MARKET ALPHA WATCHLIST - NVAXSymbol: NASDAQ:NVAX
Indicators
Laguerre RSI
D-RSI
Multi-Time Frame EMA x2
Comments...
Delta Variant is rising and people are starting to get concerned. People will start to look at vaccine stocks at this may be an opportunity to find some reward.
Bearish side is that we are in a huge area of being rejected and the LaRSI may be indicating that could be true again.
Be careful on this one.
MARKET ALPHA WATCHLIST - TLTSymbol: NASDAQ:TLT
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Comments: The FED has been pumping a substantial amount of liquidity in the US economy via creation of and then purchasing of bonds. The problem became more complicated as Michael Burry revealed his massive short position against the bond market.
Michael Burry was not the only one shorting the bonds. The decline of the dollar was a clear indication that the Fed efforts would lead to further decline in bond prices.
The bonds look to be unraveling as the word "taper" has been a focal point of the fed and they are actively having meetings about having meetings... so that is definitely promising.
Market Alpha Long Term Analysis JNJSymbol: NYSE:JNJ
Indicators
Laguerre RSI
2 x Multi-Time Frame EMA
Comments: Looks like an ascending wedge here which typically breaks bearish. The Pattern had been pretty strong until a major violation took place. I expect further downside pressure.
We also just had mention of a new bankruptcy filing in attempt to avoid responsibility of over 30,000 cancer cases.
Market Alpha Sunday Futures UpdateES Mini is down but trying to recover. A lot of concern on the horizon for the markets. I would see how the futures process the word "tapering" from Fed Chair Jerome Powell.
Summer months are typically relaxed trading months but this summer could be much different if inflation turns out not to be transitory. Stagflation is the biggest fear for the market and overall economy.
MARKET ALPHA WATCHLIST - AMATOption Alert
Symbol: NASDAQ:AMAT
Type: Call
Strike: $155
Expiration: 8/20/21
Indicators
Laguerre RSI
Multi-Time Frame EMA x2
Comments...
Large call option came in for AMAT and decided to check out the technicals.
This buyer decided to place a massive bet on this stock rising higher buying way out of the money calls. The technicals show this may be a good time to purchase this price because we are coming into heavy support but it seems unlikely we would reach the price by expiration.
No Apes in this Jungle - AMCThis is pretty savage. The Tiktok and Socktwits promoters likely had no mercy on their followers.
I expect a quick pop retest but that's only going to provide more liquidity for the short side to enjoy more gains.
Be careful who you follow. No one should ever promise you profits.
Possible PUT opportunity on $MSFT daily chart$MSFT is at the top of an uptrend trading channel and also at at ATH. If it rejects the ATH, I’m looking to open a PUT positions about 2 weeks out.
Please comment below if you agree or see it otherwise. I’m still learning and would appreciate your feedback. Thanks!
SPY Put SwingBe careful though with the top puts because once we see a drop in price you must be sure to watch for a continuation of this weird trend. Check April 1 to April 20, similar volume and similar price action however, not the same movement that we are expecting at all. Rather we see a day to a few day dips in price and then an uptrend.
SISymbol: NYSE:SI
Support: $108.46
Resistance: $117.87
Indicators
Implied Volatility Suite
Laguerre RSI
Laguerre Filter
Opinion: Bullish
Comments: This stock looks really bullish but IV is high so proceed with caution.
DISCLAIMER: All opinions are my own and are not intended to be a recommendation to buy or sell any financial product.