Futures Chart $SB_F $SGG :SUGAR CRASH continues

A dramatic decline since early July 2014 continues for SUGAR. Bottom seekers are likely in attendance, and their longs would have been caramelized to a crisp these last 2 months. Price followers have likely been short since the first two weeks of July. If one dares to short the sweet stuff, a suggested stop loss might be 46.0 for $SGG shorts as of the September 12, 2014 close of about 42 (or about $400 per round lot), or a stop loss at about 15 cents for the futures version as of the recent close @13.75+ cents (at 112,000 pounds per contract, that’s a risk of about $1400 per contract). SGG_091514 SBV14_091514

Trades in 60 Seconds: $DO $ESV $FHN $FMC $GS $KSS $LUV $MS $PCL $RIG $SCHW $SNY

$DO $ESV $FHN $FMC $GS $KSS $LUV $MS $PCL $RIG $SCHW $SNY

Despite the current daily market “shakeup”,it looks like “trouble” for the less time tolerant traders. For traders who employ weekly price bars, useful in much longer time frames, it looks like “business as usual”. Employing my systems’ price following and volume filtered rules, the below sampling seems dominated by Wall Street investment banks (UP), oil service companies (DOWN).

DO_091314

entry 39.8,stop 43.6

ESV_091314

entry 46.25 ,stop 50

FHN_091314

entry 12.5,stop 11.8

FMC_091314

entry 62.4,stop 66

GS_091314

entry 183.1,stop 173.8

KSS_091314

entry 60.4,stop 56.5

LUV_091314

entry 33.8,stop 31.2

MS_091314

entry 35,stop 32.8

PCL_091314

entry 39.6,stop 41.5

RIG_091314

entry 35.8,stop 38.9

SCHW_091314

entry 29.5,stop 27.4

SNY_091314

entry 56.4,stop 53

“Perseverance is like a fire that needs oxygen. Love is the oxygen…”- James Altucher

From James Altucher’s Step By Step Guide to Make $10 Million: Perseverance, Love, Value & Business

“Perseverance is like a fire that needs oxygen.

Love is the oxygen for perseverance.

Ultimately, you create value for people and that’s how you build the love.

Business is just the delivery mechanism of that love.

Then love + perseverance = abundance.”

from http://www.jamesaltucher.com

Trades in 60 sec for week of 9/8/2014 $ADM $CMCSA $EEM $EWW $FXI $GGP $HCN $HD $LOW $PBR $PSX $TSLA $TSO $UAL $VWO $XLB $XLY


$ADM $CMCSA $EEM $EWW $FXI $GGP $HCN $HD $LOW $PBR $PSX $TSLA $TSO $UAL $VWO $XLB $XLY
A cross section of charts, with weekly price bars, new highs, elevated trading volume, captures home improvement and retail, low oil cost plays (refining/airlines), emerging markets, and in a category all its own, Tesla. :)

Below are the charts, with entry prices based upon the friday close of the last weekly price bar. A suggested stop is put in place but it’s not written in concrete or “right”, but based upon one of the systems I use to help me determine the rough amount of dollar risk per share on a trade. You can do as you wish. Some may go, “but how do you do it”? I’ll suggest the rules that are already out there, and suggest you risk 1/2 up to 2% of your capital, with 1/2 to 1% risk as my preferred risk (I like the idea of sleeping and not waking up in a cold sweat so that’s my suggestion). Take the difference between the entry and stop, use that dollar amount as the denominator under the dollar value of say 1% of your funds being used. That gives you a rough guide.

EXAMPLE below, using $ADM. We see entry of 50.36. We see a stop of 48.10. 50.36 -48.10 = 2.26.
Let’s pretend you have 100,000 to work with. 1% of that is 1,000. $1000/2.26 =what? That’s how many shares you might put at risk, 442 shares @50.36 approximate entry. That’s the most direct way of explaining the process. It’s not perfect. Maybe you use a variation of William O’Neil’s 7% risk rule and do this too, but you better be lucky enough to have your winners pay for your loser trades. OH YES, you will have trades that go bust. So you fold your cards and play again. Pardon that analogy, it’s NOT meant to be flippant, but you must understand the game layer aspect of the investment and speculative business we are in. Risk IS OUR business.

ADM_090814

entry 50.36 stop 48.10+

AMX_090814

entry 26.3 stop 24.6

CMCSA_090814

entry 53.4 stop 53.4

COST_090814

entry 127 stop 122

EEM_090814

entry 45.85 stop 44.25

EWW_090814

entry 73 stop 70.6

FXI_090814

entry 42.5 stop 40.5

GGP_090814

entry 24.96 stop 23.9+

HCN_090814

entry 68.3 stop 65.4

LOW_090814

entry 54.1 stop 50.5

PSX_090814

entry 87.5 stop 82.9

TSLA_090814

entry 277.4 stop 247.6

TSO_090814

entry 66.6 stop 60.6

UAL_090814

entry 50.7 stop 45.2

VWO_090814

entry 46.5 stop 49.9

XLB_090814

entry 50.66 stop 49.25

XLY_090814

entry 69.26 stop 67.2

Futures post for Week beginning Tuesday 9/2/2014 $E6_F $ZN_F $ZB_F

Trends continue up for US Treasuries and down the Euro. Same as it ever was, weekend pundits, armchair quarterbacks and “end of the world” notwithstanding. Like all other charts, all prices are weekly price bars and stops are suggested as a starting point for consideration. All traders have to decide for themselves how to identify and manage the risk.

ZN_WK_090114

stop 123-28+

ZB_WK_090114

stop 136-16+

E6_WK_090114

stop 1.335+

Trades in 60 Seconds: $AAPL $CENX $GGP $GS $PEIX $SLCA $TLT

A lot of narratives for each of these tickers, all at new highs, and with elevated trading volumes, BUT the common denominator, regardless of stock, sector or story, is PRICE. As always I filter on a weekly price basis, with an eye for how new or old the trend is, how much volume was traded in recent periods and dollar volume of the trade. Suggested entries are based upon the closing price of the most recent weekly price bar, and suggested stops are offered to give a sense of the suggested dollar risk per share. It’s up to each trader to decide the cost of the risk, exposure (i.e. size), based upon their respective systems. Maybe some or none are useful to you, but it’s up to your system.

AAPL_082914

entry 102.5, stop: 97.6

CENX_082914

entry 25, stop: 22

GGP_082914

entry 24.6, stop: 23.5

GS_082914

entry 179, stop: 171.1

PEIX_082914

entry 23.1, stop: 19.6

SLCA_082914

entry 71.8, stop: 63.9

TLT_082914

entry 119, stop: 115.2

Trades in 60 Seconds: $GILD vs. $GSK ;$AKS $FOLD $SPR $RIG $SSI $DO $PSQ

The winners keep winning, and the “losers” keep losing. For every $GILD success story we see $GSK “losers”. BUT from a “trend following” point of view, you can win from declining shares via stepping aside or going “short” speculations that were once long favorites. The goal is to observe price and act accordingly.

AKS_082214

highlighted in earlier posts, AK Steel continues to climb.

FOLD_082214

entry 5.87 , stop: 4.5

GILD_082214

another highlighted “long” idea, Gilead continues to have life

ISS_082214

entry 5.6, stop: 5.5

SPR_082214

entry 37.6 stop: 34.4

DO_082214

Oil service related stock prices keep drilling down
entry 43.2 (short) stop: 47.1

GSK_082214

This pharma giant’s share price is in decline
entry 47.7 stop: 50.1

PSQ_082214

entry 15.7 stop: 16.4

RIG_082214

entry 37.9 stop: 41.4

SSI_082214

entry 16.6 stop: 19