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Stock Market Trading In the Middle

Stock-Markets / Stock Index Trading Oct 18, 2009 - 02:36 PM

By: Jay_DeVincentis

Stock-Markets

Let’s see what the market has in store for us this week...


Observations:
Market is very complacent here as evidenced by the red line (equity Put Call Ratio) and the vix. However, the adv/dec line is pulling back, creating potential to rally. The TRIN is more on the bearish side.

We’re going to hold off on making any recommendations today and will look for the market to possibly retest some highs, but expect a larger move lower to commence soon, so we’ll have some PUTS to place probably around mid week...

Regards,

If you have any questions or comments, email me at Jay@stockbarometer.com.

Regards,

By Jay DeVincentis


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Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
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© 2009 Copyright Jay DeVincentis - All Rights Reserved
Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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Comments

kevin
20 Oct 09, 01:32
Stock market

The stock market is going very bad but soon invest expect a larger move in stock market ...



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