RHTrading

RHTrading Updated 

Leaning slightly bullish due to the weight of the evidence but there are too many binary events coming up in the coming week that could throw off my thesis. Plus we rallied so strongly the last 3 weeks that I wouldn't discount the fact that the market might just consolidate while it waits for the G20 meeting. Blew through last week's expected move ($41) and had...

RHTrading Updated 

Wow. What a move... 5-6%. 5.75% even, I just went and measured it out. Next week is very important. Broke the 3 SD downtrend last week, so I started a new uptrend. Last week:

RHTrading Updated 

I was wrong on my neutral call last week. Should have been bearish. Mexico tariffs or not, doesn't matter. Honestly have no clue what's going to happen this week. Had a bunch of mimosa's this morning and don't have the mental energy. Green box was something I put there weeks ago. Maybe target the gravity point for a bullish bounce. Best of luck next week gentlemen - RH

RHTrading

Troublesome -RH

RHTrading

Neutral Call. I think the ' h-Pattern ' we have here will provide a nice bump in price but I think selling pressure will keep the market relatively rangebound especially during next week's shortened 4-day week. Our Standard Deviation trend lines have been working quite well. I believe we have enough data to call them reliable. I highlighted in a green circle...

RHTrading

Could go either way.

RHTrading

Wow that's a pretty one.

RHTrading Updated 

KSS

RHTrading

Neutral Call - Feels like a choppy week. A short trade possible if we get to the $2911 Gravity Point.

RHTrading Updated 

Expecting a bit of a relief rally early in the week. My standard deviation trendline broke the 3rd SD last week, first time since we bottomed. So I recreated it for the new hypothetical downtrend. It's most useful for an established trend and right now I need more weeks of data before I feel confident in this. $55.5 expected move is large. Busy chart, forgive...

RHTrading Updated 

Stochastic getting stretched. Also think I spot a hidden bullish divergence here. Basically, price is more bullish than the indicator would suggest. Lastly, a pattern coined "Kudzu" by my partner @GGhusa could play out for an exhaustion move to the upside. -RH

RHTrading Updated 

No call again... been a pretty directionless last 3-4 weeks. SPY $300 right around the corner. VIX got totally rejected. Sell in May and Go Away articles coming out. Buffett interested in Amazon GDP was 3.2% Unemployment Strong. IPO's coming out. Uber Next week. Smallcaps looking like a bit of a breakout, waiting to see if it's sustained. But would be...

RHTrading

Happy all time highs. No call. Google + Apple reporting next week. Microsoft reached 1 trillion market cap. Majority of companies reporting earnings beats and revenue misses. How is that possible? Buybacks. Keep an eye on Semiconductors, smallcaps, oil, and China. Natural gas looking interesting. Maybe check on the VIX positioning. Record number. When...

RHTrading Updated 

Divergences starting to perk up all over the place.

RHTrading Updated 

Target $2911 Gravity Point

RHTrading

Last week's call had me nervous for a second there. A very chaotic week, but I had several opportunities to put on a couple positions. Hats off to anyone who waited for that upper expected move. (two opportunities) Large expansion for the expected move from last week to this week = expect volatility to pick up. Couple quick notes: - 10 yr / 3 mo yield inverted....

RHTrading Updated 

Pop and Drop likely. Target $2842.75 Gravity Point. Next week is a positioning week. A bigger move is likely setting up in the following week. Take off / Put on Risk above and on that Gravity Point. Price must be firmly and immediately rejected, if price hops above $2842.75 and sits on top of it for a couple days the probability of profiting on a short trade...

RHTrading Updated 

The market's are being influenced by a single stock. How? Well there are linkages and arbitrage opportunities between the big Indices --> SPY, DIA, QQQ What does this mean? This means that if you can make the Dow go up, you can make the S&P go up. If you can make the S&P go up, you can make the Q's go up and vice versa. Can you give me an example? Sure, the fact...