Market Update – New #SPX HIGH

September 12, 2017 10:26 am / Published in Nasdaq and NYSE, NDX, SP500, SPX
R Option still flat and so far the system did not see enough US Equity Buyers to enter long at current levels. If they do not appear I will not enter. I still read net sellers in US for September; this is likely to change as soon as the data for yesterday’s volume is published.

#Gold at nine-month hight after N. Korea missile test

August 29, 2017 6:17 am / Published in Korea, SP500, SPX, USA, USD, USD/EUR, WAR, YEN
From last night close, the percentage of stocks trading above their 200 day simple moving average is above the 50% mark. Given over night action from North Korea, the more weakness is expected. These conditions indicate weakness and most of the times corrections are expected. From the picture below, you can see that from 714

Adding hedges at current levels #SPX #NDX

August 2, 2017 3:37 pm / Published in Nasdaq and NYSE, NDX, SPX
Today’s low in NDX is a new line in the sand. Some systems turned negative in the short term.  

EARNING HIGHLIGHTS #SPX

July 28, 2017 4:32 pm / Published in Earnings, SPX
SPX closed flat this week and we took advantage of yesterday volatility spike to add some long exposure to the the portfolio. I will be hedging the long exposure next week with some more shorts in RUT, NDX and SPX if we have appropriate risk/reward ratio. Energy sector was the leader this week. On the

R Option Reducing Risk at Current Levels #SPX

July 17, 2017 10:20 am / Published in * Randbots.com, SPX, SPY
The strategy reduced risk on US ETFs and SPX is trading at all time highs.

#MEXICAN STOCKS JOINED #SPX NEW HIGH #EWW

July 14, 2017 3:08 pm / Published in * Trade Alert, All Time High, Europe, Mexico, SP500, SPX
Third party data mentioned that $EWW is overbought. With a longer term horizon, can be beneficial to pay attention to Mexico