You may be missing out on the group level of a major run of profits I am about to embark on. The coming move in my portfolio will be nothing short of amazing, as it usually is in this context.
Over time, there’s much to be said about the correlation between blog comments, and portfolio performance. Long time readers monitor this as an inflection point to be heavily invested, or heavy cash. Lately, the blog has dried up and readers have packed it in. This normally means the interest has been lost…which is a point the market searches for…or it may mean that I’ve lost a voice in the recent political diatribe.
Nonetheless, things are perking up and signals are coming together for the market fairly well. The pain trade was higher this year, especially given the significant cash positioning of most Global Fund Managers…sentiment, and all other things I’ve blogged about all year.
So if you load up here for the Santa rally, which it looks like most folks are…I’d wager Santa comes a week after Christmas…rather than the week of Christmas.
I like select China names again around these parts (CTRP, BABA, YY, BIDU) and some cybersecurity (PANW, CYBR, QLYS, FTNT, VRSN).
OA
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what, no FEYE? :-X
Ooh, salt in the wound.
ANGI
Jeff- in my deep OA cycle charting analysis I want to point out one missing ingredient from past cycles….the hatred. Usually it gets quiet, then there’s trolling/bitching/hatred, then the profit explosion.
Of course, like trading it’s not always the same everytime. I’ll say that this cycle reached a much bigger level of quiet though. Traffic and posts were literally nonexistent. Maybe that makes up for the lack of trolling?
Or….there’s an initial break coming which has a retrace. maybe the bitching comes during the retrace?
No, it was there. I just have it filtered so it doesn’t publish.
December 1 from that Ragnar fuck that’s changed his name 100 times in the last year. Guy is such a fucking loser.
Naturally, the stock bottoms the following day and said troll finds himself lucky not to be pointed at and mocked like he’s had done all his pathetic life.
wow that guy is still around?! I remember Rags and the crazy threads!
Why would you gloat about the aforementioned post to you re: TSLA? I was spot on with it and it was 109% true! The stock did indeed careen toward that 180 magnet and your position in the dec 9th calls at 200 strike are worthless. Don’t be mad because I was right.
Because it was done in hindsight. Ragnar never had the balls to make a prediction in real time, he just showed up to point out someone else’s loss.
If I gave a fuck about the calls I wouldn’t have posted that comment, would I? If I felt bad about a loss, I would have left the comment banned. I give a shit about that loss against all the winning I’ve done this year. So if it makes you or him feel better, point and laugh. In reality, my vantage point is much better when it comes to pointing and laughing.
Stay trolled up, bro.
Whoa….settle down there dude. Nobody was pointing and laughing at you for the TSLA trade. It was merely a comment that the chart I was looking at clearly pointed down before up. I posted the chart. Just didn’t understand how you saw it as the opposite. Nothing more. The comment was made after you publicly told someone you only were holding calls past tomorrow’s expiry. That was not true, hence the comment. You are a great trader and win more than lose. He TSLA call was just a head scratcher…that’s all. Peace and love.
son of a bitch. that’s important information!!!!!! i was waiting on that to go bigger with the position sizes. >:(
Closed out my weekly QQQ’s at $118.15 for not quite a triple. That was my short term swing target.
OA. A while back you thought we’d enter a market where if you sold you’d not be able to get those prices again or have to buy them back at higher levels. Seems this is happening now.
Been happening all year. Almost like I could see the future back at the start of the year.
It is a gift you have to detach from emotion and to understand the temperament of the market.
Any thoughts on CLD? Profile seems pretty nice.
https://s23.postimg.org/4p9spoxvv/cld.jpg
Nice chart
This has been a truly incredible year. I end up on the road a lot and listen to Bloomberg radio, it’s becoming a really useful sentiment indicator for me.
Lately, the talk has been all about what I vicious year it was; how it was impossible to make money long, short, or playing both sides. And these are hedge funds with huge staffs, years of experience, and all the time in the world to figure out what to buy and when to sell. I am marveling because I had 1-2 bad weeks in October (expiry of course), but other than that, this year has been incredibly easy for me. I’ve hit an all time high in every account I operate. And I’ve doubled one option account and took the other from ‘my last trade of an almost blown up account’ back to a full size account that I can trade like a normal person, and not the short stack at the poker table. The amount of knowledge I’ve gained is greater than even the money I’ve made. Being able to buy with confidence and without emotion when “the world was coming to an end in January” was vital. Buying Brexit was essential. And being ready for The Jolly Trumpster set me up for a great run here. The only way a novice like me can manage that is with AHWOA to figure out what is actually happening (and not listen to what everyone said was happening on TV/Radio/Internet).
AHOWA is an amazing service.
I find it amazing, and a little sad, that this place has gone quiet during the period when it is absolutely most useful. But, like OA and Matt said, I think that’s kind of The Nature of the Sentiment Beast. More gains for us.
PS. Just closed Dec $SBUX for 350%
seems that the bio hit might be like the hit on the semis a few days ago – a short trap?
OA, been riding Dec 133 calls on IWM into this run up … would you punt during the week before Christmas?
Not until price gives me a reason.
Seeing green next to my WETF position for the first time in months. Nice high four-figure reversal.
Get twlo to $40and it’ll be a perfect year
No postings because we are on autopilot. I don’t even bother checking my account.
Sell everything – the market can’t go any higher, right?
Crude longs learning yet another lesson.
Biotech simple rule: Biotechs act nice in a nasty market. Don’t touch them when the market is on fire.
LULU is gone. Fuck fuck fuck.
Did you follow RC in and out? His stop order hit the bottom tick.
I picked up LABU 35.9 and CTRP 42.9 at the close.
Picked up FCX today. Was a day off on my continuation call for oil.
$ERX continues higher. This could get glorious, or Fly is right,about Dow Theory and this will end with everything in a pile of soot.
I was right about that Dow Signal over a year ago.
Do you realize how fucking crazy that is?
Market has gone up all fucking year…now it’s socially acceptable to embrace this fact?
RH entering great 5-year profile.
JNPR gaps up a dollar. left the party a tad early.
I traded it for CIEN which fucking dwarfed that fading 3% in JNPR. Genius, no?
fuck. i didn’t get in yesterday. 🙁
Sweet. Nice to be on the right side of an earnings play.
I of course didn’t want to buy CIEN up yesterday. That’s the exception to buying up. Except there are no exceptions.
Looked like a nice move to the middle on the weekly chart.
Gosh you’re right. That was a nice weekly.
OA…What time frame were you looking at for weekly?
cvi…cvrr…Trump lifting regulations that will impact both picked up calls yesterday
Hey OA: Using a real time example of IWM, at what point would you push the trim or sell signal? You mentioned price, but with something in momentum like this do you wait for clear deterioration before selling so that you don’t give up upcoming gains?
Are you watching that $COMPQ chart I posted last week?
Yes, we moved to the middle on NASDAQ then pushed higher, but no move to the middle on Russell yet. Is that in the cards first?
Now look at the RUT on a monthly chart.
Do you like BIDU around here or would you wait for 165 and/or sideways action for a couple days?
I actually bought $KMB calls today. Looking for $125. #LongSneezing
Also bought $ADXS calls.
And interested in $COUP, $BOX, $ENDP, $ITUB, $BV, $HDP
Sold 1/2 Jan ITM XOP, COP, IWM calls from pre-election for 60+%. Still holding VXX Jan/ Mar DITM puts which are up almost as much.
Bought some GLD 114 Dec 30 calls @ .44
Sold 1/3 of VXX puts
closed out the last 1/2 of my NQ 4868 +140. Gonna watch my LABU crush the bio shorts today. Also closed out my gold trade break even.