Posts Tagged ‘stock trades’

The Oxen Group: Trading Results and Strategies

The Oxen Group:  Trading Results and Strategies 

stock tradingBy Ilene 

David, of The Oxen Group, has been giving us high-probability trade recommendations that have been a terrific addition to our trading strategies – simple stock selections, great for single day trades. If you haven’t been following, or wish to see David’s updated results, there’s a summary of results table below. As you can see, out of 23 trades, 20 were breakeven (two) or profitable (18), and only three ended in losses.
 
In our experience of a little over one month, we’ve identified a dynamic factor to keep in mind:  market moving news. News that can change the premise of a trade may come out between the time of David’s recommendation and the opening of the equity markets. This has occurred with TYH – the Direxion Daily Technology Bull ETF.  A similar situation occurred recently when the trade was an either-or trade, but a specific pre-condition changed. 
 
On the day of the TYH trade, in pre-market comments, Phil suggested passing on the trade due to news that came out prior to the opening. Phil wrote:  "Well I’m generally worried and David is bullish so that’s a "no play" to me.  Also, note that he took that position around midnight, when the Hang Seng and Nikkei still looked good and oil was pumped up to $73, all that collapsed with the World Bank report.  If we do hold our floor, then it can be a fun trade but I sure wouldn’t be jumping right into a 3x bull tech this morning."  In this case, TYH drifted down all day - the premise for the trade was over powered by the intervening World Bank report.
 
We will try to notify readers when we know of events prior to the open that may affect a pending trade idea.  However, even if you don’t see anything specific, remember that over-riding and unforeseeable market forces may come into play after David’s analysis.  
 
The second incident was last Thursday.  David’s premise didn’t change, but the number he was initially looking at was preempted by other numbers.  The jobs report was worse than expected, resulting in the actual trade being ERY (not ERX). 
 
While we work on ways to get information to traders quickly, please be sure to check The Oxen Group’s site for trading
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Oxen Group’s Buying NSM

Oxen Group’s Buying NSM

Courtesy of David at Oxen Group

The Oxen Group, for Friday, is looking at perhaps a sideways day at this point. There is not a lot of economic data coming out, and the news was light in after hours. Futures are trading right around no gains or losses. Therefore, it appears to be a market that will move on news for sectors and stocks, either way. One company that could have a nice day tomorrow is National Semiconductors Corp. (NSM). The company reported what might appear to be extremely weak earnings, dropping 150% in profits from one year ago, posting a $64 million loss for the company’s latest quarter. However, there was a lot of bullish information that came with the earnings. Expectations were very low for NSM. The Oxen Group had predicted an EPS of -0.43, while the company hit -0.28. The company also had some other bullish reports, noting that they expected the next quarter’s revenue to reach $285 – $305 million, while analysts were only expecting $283 million. Sales were better than expected, as well, and CEO Brian Halla noted that conditions are improving for his company and the industry. Underneath that 150% drop is a lot of good stuff, and I think we may see a quick selloff in the morning with an upward trend after that as buyers enter the stock. With low tech news coming out in after hours, this stock should swing up without much hindrance. Techs are neutral because the sector has been rising, but there is room to move up towards the upper bollinger band, and it is only slightly overvalued on RSI.

Entry: Recommend buying within first 15-30 minutes.
Exit: We recommend exiting after a 2-5% increase.
Upper Resistance: 15.50

David’s Oxen Trade Results to Date 

Date       Stock Entry Exit Change  
5/29/2009       GPS 16.99 17.67 4.00%  
5/30/2009       TM 80.77 81.72 1.18%  
6/2/2009       SRS 18.06 18.6 3.00%  
6/3/2009       DUG 16.68 17.35 4.00%  
6/4/2009      TLAB – SS 5.95 5.84 2.00%  
6/5/2009       XOP 35.84 35.85 0.00%  
6/8/2009       BLK 164.76 168.87 2.50%  
6/9/2009      USD 20.3 21.12 4.00%  
6/10/2009      SINA 30.17 31.07 3.00%  
6/11/2009      SRS 18.39 19.3 5.00%  

 


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Zero Hedge

No, Robots Cannot Replace Us

Courtesy of ZeroHedge. View original post here.

Authored by Per Bylund via The Mises Institute,

Automation seems to be a never-ending source of fear-mongering. Judging from the commentary, robots will “replace us” and cause large-scale unemployment. With the entry of artificial intelligence (AI), and robots that make robots, the value of human beings as productive forces in the economy is simply zero. People then become value-less consumers, only “mouths to feed” while production is carried out by machines.

...



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Phil's Favorites

Breakout

 

Breakout

Courtesy of 

There’s a new kid on the block. Innovator’s IBD® Breakout Opportunities ETF, ticker BOUT.

The goal of this fund is to identify stocks before they break out. Basically, they’re delivering on a style of technical analysis via machine, which I find intriguing.

When I was trading stocks, I would often buy on the breakout and then sell on the retest. Over and over I would let my emotions get the best of me. Needless to say, it was not a profitable strategy.

Theoretically, an algorithm will eliminate some of these biases that all traders have to overcome. Below is ...



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ValueWalk

Ray Dalio On The Basics Of Debt Crises

By Sweeny Kumar. Originally published at ValueWalk.

The 2008 financial crisis resulted in enormous failures for both individual and institutional investors. There were not many investors who were able to navigate through the crisis calmly and without great losses. Those who did knew the fundamental basics about how debt crises work.

Q2 hedge fund letters, conference, scoops etc

Therefore, learning how to maneuver future debt crises is extremely critical for all investors, no matter how b...



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Kimble Charting Solutions

Connect Series Webinar September 2018

Courtesy of Chris Kimble.

We cover dominating patterns in major global Indices, sectors, commodities and the metals markets.  We produce chart pattern analysis and empower people to improve entry and exit points.

To become a member of Kimble Charting Solutions, click here.

...

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Insider Scoop

Discovery Communications' 20% Gain Difficult To Justify, Pivotal Says In Downgrade

Courtesy of Benzinga.

Related DISCA Benzinga's Top Upgrades, Downgrades For September 18, 2018 A Peek Into The Markets: US Stock Futur...

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Members' Corner

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

 

Adding this article to Members Corner, in case anyone wants to share their opinions on Nike and Kaep, or on divisiveness in general. Also see the article I mentioned in the comments section, "A Warning From Europe: The Worst Is Yet to Come" and What’s behind the current wave of ‘corporate activism’? ~ Ilene

Nike, Colin Kaepernick and the pitfalls of 'woke' corporate branding

Courtesy of Simon Chadwick, University of Salford...



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Biotech

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

Reminder: Pharmboy is available to chat with Members, comments are found below each post.

 

Gene-editing technique CRISPR identifies dangerous breast cancer mutations

Breast cancer type 1 (BRCA1) is a human tumor suppressor gene, found in all humans. Its protein, also called by the synonym BRCA1, is responsible for repairing DNA. ibreakstock/Shutterstock.com

By Jay Shendure, University of Washington; Greg Findlay, ...



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Chart School

Gold stocks, Elliot Wave and Volume

Courtesy of Read the Ticker.

Whom ever paints the chart with Elliot wave always has to try and sideline their bias. Elliot wave can work when it applied correctly and the chart is friendly to receive its application.

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Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination of ...

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Digital Currencies

A history of Bitcoin - told through the five different groups who bought it

 

A history of Bitcoin – told through the five different groups who bought it

GeniusKp/Shutterstock.com

Courtesy of Dave Elder-Vass, Loughborough University

The recent fluctuations in Bitcoin’s value are just the latest in a series of spectacular peaks and troughs since it was created in 2009. (Though its price has been falling recently, it remains five times higher than last April, before the l...



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Mapping The Market

Mistakes were Made. (And, Yes, by Me.)

Via Jean-Luc:

Famed investor reflecting on his mistakes:

Mistakes were Made. (And, Yes, by Me.)

One that stands out for me:

Instead of focusing on how value factors in general did in identifying attractive stocks, I rushed to proclaim price-to-sales the winner. That was, until it wasn’t. I guess there’s a reason for the proclamation “The king is dead, long live the king” when a monarchy changes hands. As we continued to update the book, price-to-sales was no longer the “best” single value factor, replaced by others, depending upon the time frames examined. I had also become a lot more sophisticated in my analysis—thanks to criticism of my earlier work—and realized that everything, including factors, moves in and out of favor, depending upon the market environment. I also realized...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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All About Trends

Mid-Day Update

Reminder: Harlan is available to chat with Members, comments are found below each post.

Click here for the full report.




To learn more, sign up for David's free newsletter and receive the free report from All About Trends - "How To Outperform 90% Of Wall Street With Just $500 A Week." Tell David PSW sent you. - Ilene...

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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About Ilene:

Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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