kilo1romeo

kilo1romeo

$GDXJ has shown signs of accumulation since Q3 2014. See Excess Demand/Supply signals. It appears $GDXJ is getting ready to outperform $GDX Gold Miners etf (see chart shown below). $GC Gold futures also have shown accumulation. I am planning to leg in to the Juniors. To reduce risk I prefer to invest long in the Gold Miner etf's.

kilo1romeo

$NBR Nabors looking strong with #3 Excess Demand calculated yesterday (see side legend). Run looks good into earnings.

kilo1romeo

$CEMP Cempra is at trend line technical & psychological resistance from Q3 2013. Many traders must see this also as short interest has been spiking as show in the bottom panel (data gleaned from FINRA, NYSE & NASDAQ and provided by Quandl). The lower trend line sits approximately at a L5 Cyclical Support level and would be a likely target and initial location for...

kilo1romeo

As $BWLD maintains above $169 zone this is bullish for another leg up. I suspect distribution up here, but that does not mean another notch higher. It looks like investors have given BWLD a pass on the last quarter. Accumulation came back in just before the gap up. $200 looks good. Watch out after that with only 7% upside before more selling into strength by...

kilo1romeo

$EAT Brinker Intl... relative to the casual dining segment is a leader in p/e, roe operating margins and sports a 1.89% div yield funded by massive debt. Debt/Equity = 189% vs BWLD 0.07. Operation margins are excellent vs the group but gross margins lag considerably. EAT currently trades at an astronomical 739.50 times book value vs BWLD 6.18 times. A little...

kilo1romeo

I have begun slowly accumulating $GE in Jan. after the #2 Excess Demand signal on Jan 20. Average is $24.13 with staggered stops below $24.47, $24.23 and $23.55. However, I think the real long term opportunity will present itself on the first pull back after the January bottom. This is shaping up to occur after the $25.48 (approx.) level is tagged. This is my...

kilo1romeo

$MIK Michaels Co is under selling pressure.

kilo1romeo

$MSFT Long $42.75 with a wide stop. Target $46 - 48 zone. Once in the gap I'll move my staggered stops up to close to $41.50 area and hide below L7 Cyclical Support at $41.53. If half gap holds, I'll continue trailing.

kilo1romeo

I trimmed in late November 2014 and was long term bullish. I am now taking a little more off in the mid-low $128 area. Strong selling after the gap up today.

kilo1romeo

Recent short term demand and a tentative l/t cyclical support calculated. However there is a lot of supply above and there is an outside possibility Platinum could see $1050 - 1000 zone. Stay light on the long side.

kilo1romeo

Crude oil wti futures on approach from above to linear trend line from Dec 1998 to Nov Jan 2009 extended to present. Should see a bounce or stabilization at least. Need to re analyze as condtions in this market are NOT normal. Caution on the long side. Likely short covering. Activity slowing down upon approach. Over night likely to have the move.

kilo1romeo

Received email re "long" candidate Cempra $CEMP . Looks like this is getting the ax. Be brave (not a good trader personality trait) to $18 - 17 area. One could cover in stages at $19.80 and $18. Just wanted to bring to your attention if you find this informational. From Barchart to my inbox: Barchart technical indicators: 96% Barchart technical buy...

kilo1romeo

Corn futures regained support today and have a tailwind. Out performing $ZS_F $SOYB #beans so far Q4 2014 and now Q1 2015. See attached charts.

kilo1romeo

Follow up to y'day post. I sold into strength this morning as planned. Mild support at $181.15 then $177.07 & $176.04. Trim & trail my longs.

kilo1romeo

All indications I see are showing a set up to $177 - 176 zone. Supply has been coming in above $178 and now on approach to $200. I am long LMT. I am taking off a portion of this position Monday morning. I wrapped up early Fri and didn't catch my alert in time even though my #2 Excess Supply signal calculated Friday morning. My first stop is in the $160's. My...

kilo1romeo

Selling into Nov 2014 recent highs has morphed into churning. See also link to previous post in 2014.11.24 (TradingView dates are mis-aligned) re my position size reduction going into $120 Nov 2014. Right shoulder $114.85 was a cyclical resistance level calculated on 2014.12.10. Trading lifted prices off short term lows at $106.26 on Dec 16. Likely pro trading...

kilo1romeo

Supply taking down MMM since 2014.12.18. Support at $159 - 158 likely to provide bounce into lo demand right shoulder. next support is in $144 area.

kilo1romeo

Been accumulating SLM. Adding at today's open. Sallie Mae is the ONLY govt sponsored Biz Entity to be almost unscathed during the 2008-2010 debacle that bought down FNM- Fannie Mae ; and FNM- Freddie Mac. Per share dividend yield is 6%. Cd's and Govt Bonds are paying much less. If you're patient and want to hold to 5 years - Look for $ 24/ per share and 8% per...