Sunday, December 6, 2009

S&P 500 IS STILL STRUGGLING AND BETTING FOR UPTREND


Market confidence in December is intact with Dow Jones and S&P 500 with unstopable strenght, the question may be how long further the market will go? everybody wonder this question but for sure is a fact that this remaining year has long way to go and nobody wanna quit yet.

Except energy stocks everything else has skyrocketed in my portfolio last month. I've been acquiring lately chinese stocks, even they are really dangerous they wont fall soon just be prepared to jump out when the downtrend moment comes.

FMCN Focus Media Adevrtisement chinese company, TSL Trina Solar this company has fourfold since march and is still optimist in the way.

Other positive sector is semiconductor with stocks like Micron Technology MU, Teradyne TER, Intel INTL, Seagate Technology STX, they are behaving awesome since they plunged in March.

This Market has long way to go but is still struggling with downside and upsides, but for sure there is a recovering economy and all of us want to be inside the bull. Good Luck in your Trades buddies.


See what this DOW JONES chart shows. Does anybody believe it is time to quit?. I dont think so, at least no today. See technical indicators MACD, STOCHASTICS Everything is positive even the volume in december 4th was extraordinary. I Reccomend Brazilian VALE, Lithium Chilean company Sociedad Minera Chile SQM, Weatherford petroleum services WFT is really cheap they will give you impressing bucks in the long run. Dont give up yet !!!!!!!!!!

Saturday, September 19, 2009

S&P 500 60% UP IN SEPTEMBER FROM ITS LOWS


Market is still behaving awesome, S&P 500 is roughly 60% up since last march, stocks continuing rallying up the tendency but unfortunately it is not normal when fundamentals are unchanged and emotions and sentiments are feeding up this unstopable rally, my portfolio is behaving awesome trending the market and I can say it overcome the market in 50%, but, there is an important but, everything is overbought right now and it is a concerning indicator to be cautious in my case I wont be selling right now, but I will see what is going on the next days.
Dow Jones Industrial closed up 38 points on Friday at 9820 and is very near to touch the 10,000 again that is wonderfull !!!!!! I am pretty optimistic we will touch this level by next moth.
Recently I added up new companies to my portfolio I started buying low quantities of LVS but seeing his recent behaviour and the close linkage with Macao I bough pretty well more. There is an ETF I've been watching so far, EPU is a Peruvian ETF that is behaving great as well since its IPO a couple of months ago, the only idea that stop me up of this decision is the low volume transaction every day. I own BAC is a good one, INTC, TSL, STX, OXY, JAVA, even with the struggle of its merger acquisition SUN - SEAGATE , VWO is a good emerging market ETF that has Money in BRIC (Brasil, Russia, India, China).
At least for now just follow the trend, Trend moves the market, I am not worry for inflation now but when inflation comes I'll add high-growth foreign companies, it can be a good thing to diversify my portfolio against the risk dollar inflation. I am not concerned for the trillion printed debt or stimulus money that was injected but the market is very optimistic right now and trend will tell us when things would change but not know.
Dow Jones will hit 10,000 again with volume increasing every day this is a good indicator that investor are turning to equities again - fear has gone but be cautious market is really overbouth now .
As we can see in the chart S&P 500 broke last resistance in september and continues to new highs....Good luck!


Wednesday, July 29, 2009

NO PULLBACK IN DOW JONES AND S&P 500 ON SIGHT- BULLISH SENTIMENT











The stock Market is throwing us just bullish sentiment as I can see in this 3 weeks chart of the S&P 500, there is no pullback in sight and the tendency or trend is breaking out the 3 support levels creating a new higher high at 980 points. It is a momentum indicator at least for the short term. So I am taking advantage of the momentum but cautioning of a cruel reverse sometime in the future but not now.


I have been buying since March with good results my portfolio has increased roughly about 60% since then with companies like BAC, INTC, STX, JAVA, TSL, VWO and there are some companies from India and other emerging markets that are tempting me. I am confident this tendency will continue another instance is the Dow Jones Chart for 3 weeks showing me a good momentum maybe not for entering but for continue but pretty cautious.


There is no pullback for the Dow Jones and technically breaking all resistance.







Sunday, July 26, 2009

DOW JONES HAS SOARED 35% IN JUST 5 MONTHS



INDICATORS TELLING IT MAY BE THE NEXT NEW BULL MARKET. DOW JONES INDUSTRIAL HAS SOARED 35% IN JUST 5 MONTHS.

Market is Behaving very Bullishly

July is almost Finished and awesome for the bulls and I. The bulls are in Charge again with me included Dow jones rallied again almost 4% the week between the 20th and the 24th (I heard technicians yesterday that Dow Jones is up 34.5% in just five months and is the fastest rally since 1975)
Last week rally was pushed by good news of earnings reports of some companies as the outrageous Goldman sachs, Apple, BAC, Ford, about this company I remeber a share of Ford was 3$ in march 2009 crowded and speculated by Banckrupcy news surrounded, But the company now is almost 7$. I dont expect it go further in price al least for now of course. But, could you imagine how much money may someone had made betting and buying Ford at 3$ in March and selling right away in this July, By the way I dont want to remeber this episode today.
The Power in this rally seems to continue embraced by optimism of the Markets and emerging markets like China giving a hand to this rally eventhough, the fundamentals are not giving good news at all. On the other hand Tech companies are rallying and obviously the Nasdaq as well. I owned some tech companies like INTC intel, STX Seagate Technologies, NVDA Nvidia since march and they have given much happyness and confort, furthermore, they made up my decision to continue getting tech stocks as a diversification in my portfolio.

Recently, I got another one. Emerging Market ETF VWO, I know that I delayed so much in the decicion for this acquistion, VWO is a big rumor recomendation this ETF is betting in almost 480 companies in emerging markets like China, India, Russia and Brasil and of course is a must in my portfolio.

Well, lets see what happen further next week of july and just follow the trends, cause they never made mistakes, I always respect traders quote "Trend is Your Friend" and it is of course, sometimes news may be manipulated by institutions but trends in the market.
I expect this rally go further, volumen has increased enormously, news are improving, fundamentals will improve anyway at any moment so there is enough reason to continue to be in. Bad days are behind us housing shows signs of improvement, leading indicators tell the truth and it looks like we have already bottoned out but caution market is in fair value range right now and it turns pretty dangerous for new jumpers. The market is telling us that we have to be in. Good Luck Bulls in your trades.

Thursday, July 16, 2009

Beat The Market Is Cheap Again in July

Beat The Market
Market’s Confidence in July Has deteriorated as forecasted by technicias and fundamental analysts, people and I including myself obvious want to be optimistic in a near market spring but there is something missing “fundamentals are not showing up at least for now ” After an amazing growth of almost 40% since March the market in July had been losing steam and it has been demonstrated in last Market Closing of 7/11/09. Dow Jones Down Again (it’s been for weeks now and a technical head and shoulder pattern building force)
Recent news are not helping at all to a near sustainable recovery, as I said before fundamentals are not helping to struggle this recession out, People want to be optimistic but they dont find fundamentals for it.
Oil Has Plunged - Speculators Labor
Another point Oil has plunged againg to US$ 59 Bad For Me !!! I bet for energy stocks and energy has plunged with oil again (I will reduce my exposure to energy this time) but I know it would be for a very short time thanks to speculators. My thoughts are and I knew it !! Oil was pushed by speculators instead of fundamentals, the common sense of supply and demand does not exist this time.
But I feel confidence is a must in this recovery for stocks as well for the whole market …Just follow News, control greed, make a good technical and fundamental Analysis…AND GOOD LUCK IN YOUR TRADES….

Saturday, July 4, 2009

S&P 500 3% Down Tendency


Betting BRIC EMERGING MARKETS

Unfortunately, this july started with an unexpected little slump in stocks, Jobs losses turned up and it was the principal cause for this slump more than 200 down the dow this thursday and it hurts...!!! ..Low Volume Transactions and some short sellers gaining the price for this time, All seem to be that past enthusiasm has been deteriorating through the days .
Well by the way, Meanwhile I am betting a little further...I believe that BRIC (Brasil, Russia, India and China) Emerging Markets would be a good bet for the moment instead of putting all the capital in US Companies. I Like Solar Stocks from China JASO, LDK, YGE, TSL, Low caps, dont pay dividends but they are good Growth stocks...TSL and JASO had doubled since last slump in last march. Good bet.
I also like ETF vanguard emerging markets VWO in my point of view they are not cheap right now ( none stock is cheap since march 2009) but they will have pretty much of further growth next months.

Emerging markets are growing faster than US, so meanwhile this turmoil passes I prefer to put a bit more abroad, I really like Chilean Lithium Company SQM (Sociedad Quimica Chile) it would be a good divesification in my portfolio and take advantage of momentum.

Thursday, June 18, 2009

Bear Market is Coming soon?

Is This really a Bear Market Rally?, After almost 4 months of constant growth I've been noticed that the stock market is losing its force & steam. I use always go for long in my bets and It makes me pretty worry. In my point of view what I think has happened is Government has injected to much money to the economy, Banks, Insurance companies has benefit with these injection of capital, Furthermore, they used this injection (TARP) to trade, buy securities, invest and of course it made the stock market this sudden amazing growth, I hope this increase would be a sustainable Growth for the rest of the year. Technical Analyst Believe it is a Bear Market and now I am start convincing of it. I hope No !!