adventurous51

adventurous51 May 13, 2020

The above are for education and entertainment only. They must not be interpreted as investment advice nor recommendations. Trade at your own risk and mostly, trade safely and keep safe! Cheers!

adventurous51 May 13, 2020

The above are for education and entertainment only. They must not be interpreted as investment advice nor recommendations. Trade at your own risk and mostly, trade safely and keep safe! Cheers!

adventurous51 May 12, 2020

I am trying a new combination of indicators on my TOS platform for swing trading. Right now it reads RED/Bearish for SPY and DIA but not yet for QQQ. It will be confirmed at the open tomorrow. I will let you know. When I back test this indicator, it seems pretty reliable. Let's track it in the next few weeks... The above are for education and entertainment...

adventurous51 May 8, 2020

If today sees a week session, I would think we might be in a case of "Sell in May and go away!" The market gaped up last night but the job reports coming out at 8:30 will be telling a lot as to what direction the market may take in the next few days!

adventurous51 May 4, 2020

The sentiment on gold and gold stocks is way too bullish for the short term. I am not a bear and I am bullish on gold mid to long term but gold has to flex lower to get the power it needs to get past $1800. If the stock market ) rolls over, which I think it will, gold will not escape the selling pressure. Then it will bottom and be ready for the sky rocket move...

adventurous51 Dec 27, 2019

We have had a very warm winter so far. January / February forecast call for much cooler weather after the first week of January. This gives you enough time to position yourself for that pop. Personally, I am March using BOIL calls wih 9$ strike price for this trade. Disclaimer: The above are just my opinions and should not be construed as trading advises.

adventurous51 Dec 5, 2019

Baring a false new.s or hope on trade with China, this is going down. Just my opinion....

adventurous51 Updated  Dec 5, 2019

With the Greed index at the top and the pattern on this chart, JNUG should be on your watchlist. When this takes off, it will be a very nice move! money.cnn.com

adventurous51 Updated  Nov 26, 2019

Disclaimer: The above is just an idea for your entertainment, not a trading advice!

adventurous51 Updated  Nov 21, 2019

I think what we saw in the last few days and what we might continue to see for a few more days can be characterized as exhaustion pops. This is just an idea, not financial advice. Trade at your own risk.

adventurous51 Nov 10, 2019

Gold is forming a bull flag, Bonds are also and equities market show signs of topping and exhaustions... Just an idea, not a trade advice ...

adventurous51 Oct 26, 2019

Everybody expects the FED to lower rates by 25 bp this week. But ... : - The markets are near all time high - China US are talking - Brexit is almost surely pushed Ok some indicators are softening but with uncertainty lower (still very present but lower) what if they would decide to pause instead? That would be highly unexpected and that would create a...

adventurous51 Updated  Oct 26, 2019

Disclaimer: The above are just my opinions and should not be construed as trading advises.

adventurous51 Updated  Oct 6, 2019

SPY is topping, forming a double top. This looks very good for TECS I own January 20th $24 calls. Looking good... What will be the trigger? - Trade negotiation between China and US could derail - The BREXIT's faith to be determined this month - Europe' s and Global economy are weakening - Earning season starts and we are in an earning recession as of last...

adventurous51 Updated  Sep 29, 2019

Ok, we did not get CRAZY Wednesday but a massive drop is still in the cards. Unlike what I thought, the FED would surprise the market with a no cut, they delivered the expected to the market. However, like I said, that was all priced in. The markets had a very muted reaction on Wednesday and started to go down Thursday. Not a typical reaction from a rate cut....

adventurous51 Updated  Sep 18, 2019

Why would the FED lower rates on Wednesday? My view is they will adopt a wait and see position for the following reasons: - Relations tensions between China and US have cooled off - The BREXIT might get a pause to be postponed after October 31st based on the UK law passed last week - Inflation is starting to show signs of possibly coming back slowly - The rate cut...

adventurous51 Sep 6, 2019

That was a nice close! :) Here is the way I see the paradigm the stock market is in right now: Based on Powell's conference this afternoon, the FED does not seem to see the urgency to reduce rates. I am not even sure they will drop the expected 25bp everybody counts on at the next meeting. Even 25bp would not likely be enough to reassure the market anyway. So,...

adventurous51 Updated  Aug 20, 2019

Just a bit more compact and possibly ... who knows a bit more powerful? ... Just a thought...