KFT bullish stock chart
April 14th, 2010 richkI like KFT stock. This stock chart is still bullish and I am already in position trade for several weeks. Now I added into this position as I expect more upside for this stock
Using combination of technical analysis and global macro fundamental analysis to find best stock picks and ETF trading ideas for my own hedge fund
IDU ETF bullish stock chart action
April 7th, 2010 richkI monitoring IDU – Utilities ETF. It is breaking out of consolidation pattern and is poised for further gains. I am preparing new trade setup to trade this new trend.
Still bullish but would like to see some pullback
April 1st, 2010 richkI wrote into my commentary for today’s ETF & Stock Trading newsletter :
“There is shortened trading week. Tomorrow is no trading in USA. But situation is still very bullish. Stock markets do not want to make any pullback. Such healthy pullback should offer good opportunities for new long trades.
I do not feel comfortable with opening new longs now.
Still the situation is not good for new shorts. Stock market bias is pushing weak stocks higher. It means that stop loss orders are easily triggered. I am now ready to open short trades with smaller size preferably.”
So I have found that E is relatively weak stock . I have trade setup for short trade in this stock
KO bullish breakout
March 24th, 2010 richkI have entered trade in KO yesterday (trade setup details were described in ETF & Stock Trading ideas newsletter). It has broken long downtrend and is now poised for further gains.
This stock fits to my technical strategies but it has also value based on my global macro approach.
RFMD bullish stock chart pattern
March 22nd, 2010 richkI noticed that RFMD is trying to break out strong resistance. This is long term resistance level and if will be broken I will expect strong advance in stock price.
One more bearish stock chart – CQB
March 2nd, 2010 richkCQB has bearish stock chart. It is very weak stock. I am going to short it in my fund.
AAPL – Bearish stock chart pattern ?
February 25th, 2010 richkI have noticed bearish stock chart pattern on AAPL chart. I am looking for short sale entry with target near 170 level. Very tight stop.
GOOG bearish stock chart and action
February 22nd, 2010 richkI am watching GOOG stock. It shows signs of selling and weakness. There is possibility for another drop. I am going to short this stock.
I like to short Japanese yen
February 18th, 2010 richkI have been looking for establishing new short in Japanese Yen currency. It is based on Global macro story I follow in my fund. And it is also confirmed by nice chart pattern. You can see it on chart of FXY (Japanese yen Currency ETF).
Bullish stock picks
February 9th, 2010 richkCurrent market environment is not very bullish . But there are some stocks with very good relative strength. I used my 52week bullish scanner to find some of them and here are some picks: KFT, CPO, LII
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