SubZero

SubZero

Its end of earnings season, so most surprises are out of the way and the market held its ground. We might have a different stock value composition, but nothing broke overall. There still looks to be upward power left in this move. The only movers and shakers in the immediate term are global/macro and government announcements. The 1-2% typical central bank interest...

SubZero

Bullish, no position. Entry opportunity is probably on either A) the re-test of the top wedge or Kumo or B) on a newly established uptrend line. I would not jump buying on a fresh high so if the bullish move remains strong. There might be no good entry until it settles, this is a very likely scenario given the Strong on High Relative Volume move (scenario B)....

SubZero

The idea is very simple: majority stocks in a 100 basket should trade above their 200 day average price to carry a strong trend. As a conservative investor if 65% of them dips below their 200MA you should be sidelined, until the majority gains strength again. If you are looking to take moderate risk you can use the 50 line, additionally you may switch to weekly...

SubZero

all sorts of buy signals on the weekly, lining up with sentiment, currently at resistance, but if that breaks this has a long way to go: 126 fist, 144,40 next

SubZero

Targets: 6.7% P vs 1.6% L with an initial P/L ratio of 2.0; revisit at 188.67 and 190 levels to cover. Reasoning SENTIMENT: Positive talks (Goldman Sachs statement, Oil talks between countries) shifted sentiment and EU markets (STOXX 600 up ~2.5% at the moment) are backing a sentiment shift stocktwits.com OIL futures are up 2% as I write this. I would also...

SubZero

Money is flowing in and out of sectors, securities and commodities over time. Keep in mind that whatever you do cash is probably the worst you can do in the long term, even with compound interest rates, specially at current rates and the risk with carry.

SubZero

Okay I must say I am impressed by Friday's (29th of June) reaction to EU summit news, specially with the rally into the close, well done bulls! Well done 2.5% or 1/4th of the year's peak performance in a single day! Question is : are we going to have follow through. Looking at fundamentals we are far from being out of the woods yet. The January 1st level was well...

SubZero

Only one trading day left from the month, it is unlikely that this chart changes much even with the EU summit news still in the bag (I personally expect it to be a total lackluster, but a good excuse for a short bull run, till reality kicks in) Gravity attracts here, I think we see 124.82 at least in 2012 it is just a matter of time, there is a realistic chance of...

SubZero

the lesson about of why you should always try to step back and think out of the box and not just one sided

SubZero

Okay folks, we have a wonderful bull rally here on lighter volume. Im going to watch if there is commitment to further upside at key resistance areas between the red and the blue lines. Im going to look to accumulate short positions in this area and add even more above the blue line as well unless volume kicks in. If a daily close breaks the green line on heavy...

SubZero

bounce to me

SubZero

SPY is currently at a critical level, expecting the politicians to do whatever is necessary to talk upside into this pivot point. Even if they do July can become ugly. Of course there is always another possibility. The question is what is going to take this market higher? Earnings season is ending, liquidity is flocking to the USD as far as Europe is concerned. Im...

SubZero

See how VIX recovered from the orange-red cross level to the red-red cross, while it took the orange-green cross of CVOL to go till the green-green cross almost double the time. If the increase would not have continued on VIX the derivative would not have had a chance to retrace to the same value even if VIX did. In other words the increase of VIX has to be...

SubZero

the value gap between VIX and CVOL/TVIX

SubZero

possible turning point here