Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Download Wwwwfesgsgdgdggdx By Lin Yingjun SPY chart looks bearish since
Transcript
Linvest Chart Chat (90) Sept 4, 2015 Weekly Update Wwwwfesgsgdgdggdx By Lin Yingjun SPY chart looks bearish since price is traded below 200 dma and trading range $187 --$199, QQQ and IWM are in the same shape. Volatility is extremely high. Equity Put/Call ratio continues to rise, indicating a buy signal (See Chart 1), and market breadth and oscillators have rolled over to buy signal, the only thing that concerns me is $VIX is indicating an uptrend. In short, SPY price needs to be above $199 to be bullish in short term and next resistance would be $205, if price dropped below $192.5, price would likely retest $181 zone. There are large amount of resistances within SPY ,QQQ and IWM charts which layout an intermediate term bearish outlook and increased volatility risk . TLT (chart 5) price pattern is bullish, when SPY price is trending lower at this correction. Gold and US dollar have an inverse relationship (chart 7), US dollar price back above 200 dma while GLD price broken through the trend line $106 and $104 would be targets. GLD $108 is resistance. Crude oil and energy sector bounced from the lows last week after crude oil price broke below $40 and closed at $37 which was the lowest weekly close since 2009. This price action may attract some buyers back to energy stocks such as COG, COP, PDS. Keep this in mind, crude oil price seasonal strength is in Feb, March. We have to be very disciplined when we trade in this sector. Natural gas (chart 10) ,trend looks bearish in short term. Thanks for reading and good trading. Page 1 of 21 Chart 1 Page 2 of 21 Chart 2 Page 3 of 21 Chart 3 Page 4 of 21 Chart 4 Page 5 of 21 Chart 5 Page 6 of 21 Chart 6 Page 7 of 21 Chart 7 Page 8 of 21 Chart 8 Page 9 of 21 Chart 9 Page 10 of 21 Chart 10 Page 11 of 21 Chart 11 Page 12 of 21 Chart 12 Page 13 of 21 Chart 13 Page 14 of 21 Chart 14 Page 15 of 21 Chart 14 Page 16 of 21 Chart 15 Page 17 of 21 Chart 16 Page 18 of 21 Chart 17 Page 19 of 21 Chart 18 Page 20 of 21 More intermediate-term trading ideas watch list (Long and short): Leader stocks: AAPL ,GOOG, CMG, AMZN, ISRG,NFLX, PCLN, CF, FB,TWTR,TSLA, BiO, health and Pharmaceutical: ACAD, AMPE,ADXS, ACHN, BIIB, ONVO, CRIS, CERS, INSM,TROV , PRTA, TKMR, RMTI,RTPT, RGLS, NVTA China Stock: BABA, VIPS, DL, EJ, FENG, JRJC , KNDI, WB, BIDU, XRS,DANG, VISN,YOKU Commodites: UNG, NGS, JO, SGG, USO, GDX,GDXJ, SLV, CORN, JNUG Energy and service sector: XLE, PDS, BBEP, MPEL, ALA.TO, SU, ECA, DO, UCO Solar Stocks: TAN, CSIQ, CSUN, TSL , SCTY, FSLR, JASO, SPWR Precious metal,and mining companies: X, SMF.TO, GLD, EGO , CG.TO, IMG.TO, EDR.TO, SLW, NEM, SA Prime : AKAM, BA, BX, CVU, MOS, LVS, KEM, HLF,WAG,WDAY, WHR,HSY,DRY,PRGN, ED,XLE, Airline, Cruise , hotel, restaurant: UAL, DAL, ALK, WJA.TO, AC.TO CCL, NCLH, RCL, EAT, MGM, LVS Currency pair: EUR/USD: EUO, FXE; USD/CAD, CAD/USD, FXC. Green: stocks with long position. Orange: stocks with long positions (small). Red: stocks with short position. Black: candidate stocks. (Note: Some positions are not in the abvove list.) Notable companies to report earnings and report this week include: Monday: DANG MTRX Tuesday: AVAV AMBA Wednesday: US Change in Crude Oil Inventories 10:30 AM ET Thursday: JOY PAY US Initial Claims for Unemployment Insurance 8:30 AM ET Weekly Natural gas storage 10:30 AM ET Friday: US Unemployment Rate 8:30 AM ET *Report date unconfirmed or prefer pre order Members, please feel free to send me a note or call if you would like to discuss any of the above (or other) stocks you are interested in. Please pre-order Earning Trades at least 2 days prior to stock earning report being issued. Thanks and good trading! “Money was never a big motivation for me, except as a way to keep score. The real excitement is playing the game.” – Donald Trump Linvest Research https://twitter.com/LinYingjun [email protected] www.linvestresearch.com Disclaimer: Trading stocks, options, and futures carries high level of risk, and may not be suitable for all the investors. The information contained herein has been obtained from sources that we believe to be reliable but cannot guarantee its accuracy or completeness. Linvest Research’s information does not take into account your investment objectives, financial situation, or needs. Past performance is not necessarily indicative of future results. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Linvest Research, its principals, associates and employees (the researchers) will not be responsible for any losses incurred on investments made by you as a result of any information contained in this report. In addition, the information contained on this website or emails are not intended to be investment, legal, accounting, tax or other professional advice. Linvest Researchers may, from time to time, buy, own or sell securities mentioned herein. ©2015 Linvest Research All Rights Reserved Page 21 of 21
