FocalEquity http://www.focalequity.com A Synergy of StockTock & KhronoStock Tue, 16 Mar 2010 19:38:03 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 Intraday Commentary ~ 03/16/2010 http://www.focalequity.com/2010/03/16/intraday-commentary-03162010/ http://www.focalequity.com/2010/03/16/intraday-commentary-03162010/#comments Tue, 16 Mar 2010 05:01:02 +0000 Idan http://www.stocktock.com/?p=20231 Idan Koren 3:36pm Make sure you go to tools and check out the INO Trend analyzer it's free... i highly recommend seeing what they come up with for your stocks. 3:26pm Bidu is sitting right on that red support line that i drew yesterday.. we might get the classic gap down on this one tomorrow. If i were more risky i would take a short right here with a stop about 1% above where we stand, but i'm going to go and wait for the break and then short..  Woo 1:08pm: SPX 1 month: http://social.focalequity.com/photo/woo1month-67?context=user sorry, having some trouble with photo uploads at the moment. We hit a trend line and dropped south. The green fib I drew is not saying that is where the top is, I just drew it based on the current top. We're still in the bullish channel. Like I've mentioned before, that move above the 1146 trend line and 200ma was bullish. Still hard to go short when the market is like this until we get a confirmed break south. UAUA hit the $20 mark finally. Not sure if anybody was able to make any money off of this when I recommended this at $15. I should have taken a bigger position in this, but generally don't like airline stocks. http://social.focalequity.com/photo/2348194:Photo:39105?context=user Idan: 1:20am Is the upside done for BIDU?? Take a look at the daily candle here for BIDU. Very toppy: A closer diagnosis at the 30 minute shows, that there is still a former resistance (now support) line that needs to be broken to the downside before i'm comfortable with swing or even day trading BIDU to the downside. Let's wait for that break patiently and go short as soon as it happens with a very close trailing stop. ]]>

Idan Koren

3:36pm
Make sure you go to tools and check out the INO Trend analyzer it’s free… i highly recommend seeing what they come up with for your stocks.

3:26pm

Bidu is sitting right on that red support line that i drew yesterday.. we might get the classic gap down on this one tomorrow. If i were more risky i would take a short right here with a stop about 1% above where we stand, but i’m going to go and wait for the break and then short.. 

Woo 1:08pm:

SPX 1 month:

http://social.focalequity.com/photo/woo1month-67?context=user

sorry, having some trouble with photo uploads at the moment.

We hit a trend line and dropped south. The green fib I drew is not saying that is where the top is, I just drew it based on the current top. We’re still in the bullish channel. Like I’ve mentioned before, that move above the 1146 trend line and 200ma was bullish. Still hard to go short when the market is like this until we get a confirmed break south.

UAUA hit the $20 mark finally. Not sure if anybody was able to make any money off of this when I recommended this at $15. I should have taken a bigger position in this, but generally don’t like airline stocks.

http://social.focalequity.com/photo/2348194:Photo:39105?context=user

Idan:

1:20am

Is the upside done for BIDU?? Take a look at the daily candle here for BIDU. Very toppy:


A closer diagnosis at the 30 minute shows, that there is still a former resistance (now support) line that needs to be broken to the downside before i’m comfortable with swing or even day trading BIDU to the downside. Let’s wait for that break patiently and go short as soon as it happens with a very close trailing stop.

]]> http://www.focalequity.com/2010/03/16/intraday-commentary-03162010/feed/ 112 Tomorrow’s Economic Calendar Events and Earnings. Our First Round of Long Short Recommendations http://www.focalequity.com/2010/03/15/tomorrows-economic-calendar-events-and-earnings-our-first-round-of-long-short-recommendations/ http://www.focalequity.com/2010/03/15/tomorrows-economic-calendar-events-and-earnings-our-first-round-of-long-short-recommendations/#comments Tue, 16 Mar 2010 04:58:07 +0000 Tze http://www.focalequity.com/?p=20325 Major Economic Calendar Events: Housing starts - 8:30 am ET   Consensus: 0.565 Million Red Book - 8:55 AM ET FOMC Meeting Announcement 2:15 PM ET    Consensus: 0% to 0.25% Earnings: - No market moving companies report before the open - After the close, two notable companies are AMBAC Financial (ABK) and Discover Financial Services (DFS) ------------------------------------------------- In addition, FocalEquity Alerts and Analytics, a service that is co-run by Idan and I based on our proprietary fundamental and technical models issued its first round of long and short recommendations for this week. Please sign up for our service if you are interested. Our goal is to issue 3 long and 3 short positions each week with detailed reasons, charts, targets and trade order placing instructions.]]> Major Economic Calendar Events:

Housing starts – 8:30 am ET   Consensus: 0.565 Million

Red Book – 8:55 AM ET

FOMC Meeting Announcement 2:15 PM ET    Consensus: 0% to 0.25%

Earnings:

- No market moving companies report before the open

- After the close, two notable companies are AMBAC Financial (ABK) and Discover Financial Services (DFS)

————————————————-

In addition, FocalEquity Alerts and Analytics, a service that is co-run by Idan and I based on our proprietary fundamental and technical models issued its first round of long and short recommendations for this week. Please sign up for our service if you are interested. Our goal is to issue 3 long and 3 short positions each week with detailed reasons, charts, targets and trade order placing instructions.

]]> http://www.focalequity.com/2010/03/15/tomorrows-economic-calendar-events-and-earnings-our-first-round-of-long-short-recommendations/feed/ 0 CardwellRSI EDGE: Trader’s Diary http://www.focalequity.com/2010/03/15/cardwellrsi-edge-traders-diary/ http://www.focalequity.com/2010/03/15/cardwellrsi-edge-traders-diary/#comments Tue, 16 Mar 2010 00:57:22 +0000 andrew cardwell http://www.focalequity.com/?p=20318 Hello everyone this is Andrew Cardwell. I will be posting my trader’s diary comments here based on my on my RSI perspective on markets
that I follow. Some of you may know me from the lectures and presentations that I have done over the years.

]]> http://www.focalequity.com/2010/03/15/cardwellrsi-edge-traders-diary/feed/ 0 Please Click on the phpBB Forum Confirmation Email Link to Complete your Registration http://www.focalequity.com/2010/03/15/please-click-on-the-phpbb-forum-confirmation-email-link-to-complete-your-registration/ http://www.focalequity.com/2010/03/15/please-click-on-the-phpbb-forum-confirmation-email-link-to-complete-your-registration/#comments Mon, 15 Mar 2010 21:58:50 +0000 Tze http://www.focalequity.com/?p=20315 Guys,

I am really sorry to have to post a second phpBB forum related post on the trading blog. But it seems like many people did register for the forum but they forget to click on the confirmation link that is contained in the followup email. For security purposes, we can only activate “confirmed” users. Thus, you have to click on that link in order to have your account activated and be able to post in the forum and for subscribers to see all the premium services content within the forum. So please remember to confirm your registration. Many thanks.

]]> http://www.focalequity.com/2010/03/15/please-click-on-the-phpbb-forum-confirmation-email-link-to-complete-your-registration/feed/ 2 Important Note for Subscribers and Forum Users Regarding the Separate Registration http://www.focalequity.com/2010/03/15/important-note-for-subscribers-and-forum-users-regarding-the-separate-registration/ http://www.focalequity.com/2010/03/15/important-note-for-subscribers-and-forum-users-regarding-the-separate-registration/#comments Mon, 15 Mar 2010 14:33:39 +0000 Tze http://www.focalequity.com/?p=20306 Hi, this is Tze. I will be co-running the Alerts and Analytics service with Idan. I apologize for putting this non-intraday trading related note here. But, at this point, our phpBB forum and the Wordpress based blog are NOT fully integrated. Thus, people who want to post within our forum and subscribers who need to access our paid services MUST sign up for the phpBB forum separately in order to access any content within the forum.

The direct link to sign up for the phpBB forum is:

http://focalequity.com/forum/ucp.php?mode=register

After the initial signup, you will receive a confirmation email. Make sure you click on the confirmation link to complete your registration. Your account will NOT be activated unless you click on the confirmation link.

Thanks and happy trading!

]]> http://www.focalequity.com/2010/03/15/important-note-for-subscribers-and-forum-users-regarding-the-separate-registration/feed/ 0 Intraday Commentary ~ 03/15/2010 http://www.focalequity.com/2010/03/15/intraday-commentary-03152010/ http://www.focalequity.com/2010/03/15/intraday-commentary-03152010/#comments Mon, 15 Mar 2010 05:01:37 +0000 Idan http://www.stocktock.com/?p=20229 Become a fan of FocalEquity on facebook (make sure to invite all your colleagues+friends) : http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts

Woo: 1:43 PM SPX below a trend line: Idan: 1:02pm DXD right now is retracing back from it's break out point on the 10 minute at 27.73... In any case, i have my stops in profitable positions already.. make sure yours are too. XLF is now at 15.40... if it breaks lower, this might be a great FAZ entry. But for now, if you want to buy it with a stop, that also works! 2:01am March 15th... First intra-day post on Focal Equity!!! Congrats. There is still some work to make the blog fully operational, but you guys can finally sign up for our new services, I hope the best of our contributors: Woo, Tony, My traders and I can assit you with your trades this year and hopefully for another decade to come. Below you can see the daily dow jones chart that I mentioned thursday night. Friday was a non-event day, as we traded below support again. Megaphone formations once they break are generally bearish, we broke the megaphone and now we're back at it's support (now resistance). I feel comfortable shorting here with a very nice tight stop right above last months highs for the dow. In fact, I took a long position on the DXD friday at $27.66. WYNN daily shows a very strong triangle formation, which longerterm could be a bullish trend. That said, the incredible overbought indicators in this stock cause me to believe that we would probably see this stock bull back to maybe the bottom of that triangle after a potential fake out above this triangle. My intuition is to short this stock above 72, and then again in the 73.50-75.50 range, and hope for a strong push lower of 15%. Apart from friday's action on the XLF, the XLF looks very strong... it has rallied to a double top area, and as of right now, there's no stopping it. BUT, if it were to fall under the incredibly strong (prior resistance) NOW support at $15.40... it would be an amazing shorting opportunity. This also means, that if you feel comfortable with the rally in the market, you should be buying in at $15.40 with a stop somewhere underneath, here's a daily: ]]> Become a fan of FocalEquity on facebook (make sure to invite all your colleagues+friends) : http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts

Woo:

1:43 PM

SPX below a trend line:

Idan:

1:02pm
DXD right now is retracing back from it’s break out point on the 10 minute at 27.73… In any case, i have my stops in profitable positions already.. make sure yours are too. XLF is now at 15.40… if it breaks lower, this might be a great FAZ entry. But for now, if you want to buy it with a stop, that also works!

2:01am

March 15th… First intra-day post on Focal Equity!!! Congrats. There is still some work to make the blog fully operational, but you guys can finally sign up for our new services, I hope the best of our contributors: Woo, Tony, My traders and I can assit you with your trades this year and hopefully for another decade to come.

Below you can see the daily dow jones chart that I mentioned thursday night. Friday was a non-event day, as we traded below support again. Megaphone formations once they break are generally bearish, we broke the megaphone and now we’re back at it’s support (now resistance). I feel comfortable shorting here with a very nice tight stop right above last months highs for the dow. In fact, I took a long position on the DXD friday at $27.66.



WYNN daily shows a very strong triangle formation, which longerterm could be a bullish trend. That said, the incredible overbought indicators in this stock cause me to believe that we would probably see this stock bull back to maybe the bottom of that triangle after a potential fake out above this triangle. My intuition is to short this stock above 72, and then again in the 73.50-75.50 range, and hope for a strong push lower of 15%.

Apart from friday’s action on the XLF, the XLF looks very strong… it has rallied to a double top area, and as of right now, there’s no stopping it. BUT, if it were to fall under the incredibly strong (prior resistance) NOW support at $15.40… it would be an amazing shorting opportunity. This also means, that if you feel comfortable with the rally in the market, you should be buying in at $15.40 with a stop somewhere underneath, here’s a daily:

]]> http://www.focalequity.com/2010/03/15/intraday-commentary-03152010/feed/ 112 How Low Can You Go? – Luda on the VIX http://www.focalequity.com/2010/03/14/how-low-can-you-go-luda-on-the-vix/ http://www.focalequity.com/2010/03/14/how-low-can-you-go-luda-on-the-vix/#comments Mon, 15 Mar 2010 02:41:12 +0000 Craig http://www.focalequity.com/?p=20275 ]]> Welcome to FocalEquity!  In case you don’t know me, my name is Craig Simons from Boston. I used to post daily videos on StockTock. I’m another wounded bear that’s been calling tops for the past couple months. If you can relate, I think we both know why we were wrong… there were just too many of us. But lately the bear cave has felt kind of lonely. Commenters are blasting myself and other bears for their persistent pessimism, their foolhardy allegiance to Elliot Wave, and their utter disregard for the trend. I’m just fine with all that. While calling tops is a fool’s errand, and my time would have been better spent riding the wave higher, do not expect me to stop searching for this elusive top with a fine tooth comb. I consider this market to be presenting one of the greatest trading opportunities in a lifetime. For day traders, you can ignore this message, but for investors and longer-term swing traders, the pending move lower should be epic. That being said, I don’t underestimate how long the “New Bull Market” charade can carry on. But I’ll be ready when it turns. I’m watching the weekly SPX chart for potential negative divergences just like the 2008 market top. Of course, if the market continues higher, these divergence could become moot. Low levels of fear are common before major market declines, and fear is certainly low, especially given the shaky footing of this economy. Here are weekly charts of the SPX and VIX.

]]> http://www.focalequity.com/2010/03/14/how-low-can-you-go-luda-on-the-vix/feed/ 0 FocalEquity New Site!! http://www.focalequity.com/2010/03/14/focal-equity-new-site/ http://www.focalequity.com/2010/03/14/focal-equity-new-site/#comments Mon, 15 Mar 2010 00:39:53 +0000 Idan http://www.focalequity.com/?p=20270 http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts]]> Hope you guys like the new site. Make sure you become our fans on facebook, so you can hear of more updates!

http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts

]]> http://www.focalequity.com/2010/03/14/focal-equity-new-site/feed/ 8 FocalEquity Here We Come http://www.focalequity.com/2010/03/13/focal-equity-here-we-come/ http://www.focalequity.com/2010/03/13/focal-equity-here-we-come/#comments Sat, 13 Mar 2010 05:42:46 +0000 Idan http://www.stocktock.com/?p=20257 Over the weekend you will see the remarkable transition from Stocktock into FocalEquity: Become a fan of FocalEquity on Facebook:
http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts Focal equity is a merger between StockTock and KhronoStock and will contain both the intraday commentary blog and a few services: 1. FocalEquity's ETF Pro, which is brought to you by our very own Woo! 2. FocalEquity's Alerts and Analytics, where you get the trades my hedge fund would be making via emails a few times a week! 3.  FocalEquity Live's Trading (coming soon), which will include LIVE daytrading videos of me with my traders. So you can follow me right when i make the trades. The intra-day commentary will stay the same with minor changes. Hope you will like the site. I love this community!]]> Over the weekend you will see the remarkable transition from Stocktock into FocalEquity:

Become a fan of FocalEquity on Facebook:
http://www.facebook.com/pages/Focal-Equity/313676389278?ref=ts

Focal equity is a merger between StockTock and KhronoStock and will contain both the intraday commentary blog and a few services:

1. FocalEquity’s ETF Pro, which is brought to you by our very own Woo!
2. FocalEquity’s Alerts and Analytics, where you get the trades my hedge fund would be making via emails a few times a week!
3.  FocalEquity Live’s Trading (coming soon), which will include LIVE daytrading videos of me with my traders. So you can follow me right when i make the trades.

The intra-day commentary will stay the same with minor changes. Hope you will like the site. I love this community!

]]> http://www.focalequity.com/2010/03/13/focal-equity-here-we-come/feed/ 17 Intraday Commentary ~ 03/12/2010 http://www.focalequity.com/2010/03/12/intraday-commentary-03122010/ http://www.focalequity.com/2010/03/12/intraday-commentary-03122010/#comments Fri, 12 Mar 2010 05:01:14 +0000 Idan http://www.stocktock.com/?p=20227 1:39pm I am looking into buying right here some DXD (double short the dow) based on my belief that we have seen a top in the markets as long as we don't break into the megaphone formation.k I'm going to buy it here 12% position at $27.66 with a stop at $27.35 for the time being. I will hold this into the weekend unless i already have profits and then i will take some off the table. 4:40am The S&P and Nasdaq look bullish, according to them, we are at/over double top resistance are going higher. But the dow (the index we actually trust the most in chartology) is not as bullish. It is not at the double top resistance yet, but more importantly, it has not broken back above the megaphone formation support line (now resistance)... This means that maybe tomorrow or monday could be the first day of a stronger move lower. That is very possible. But if we close 2 days in a row above my red support line then I expect at least 2 more weeks of upside. Here's the daily Dow: ]]> 1:39pm
I am looking into buying right here some DXD (double short the dow) based on my belief that we have seen a top in the markets as long as we don’t break into the megaphone formation.k I’m going to buy it here 12% position at $27.66 with a stop at $27.35 for the time being. I will hold this into the weekend unless i already have profits and then i will take some off the table.

4:40am

The S&P and Nasdaq look bullish, according to them, we are at/over double top resistance are going higher. But the dow (the index we actually trust the most in chartology) is not as bullish. It is not at the double top resistance yet, but more importantly, it has not broken back above the megaphone formation support line (now resistance)… This means that maybe tomorrow or monday could be the first day of a stronger move lower. That is very possible. But if we close 2 days in a row above my red support line then I expect at least 2 more weeks of upside. Here’s the daily Dow:

]]> http://www.focalequity.com/2010/03/12/intraday-commentary-03122010/feed/ 306