Trading the Trend

[over9k]

Early gains followed by an utter bloodbath after more deadlock news from the ******** politicians bickering about stimulus. Wiped out all my gains from yesterday & the day before.

Standard politicians really.

 

[ducati916]

I'll just let them expire worthless.

jog on
duc

 

[over9k]

I suspect we have at least another week or so of utter BS duc - stimulus won't be agreed on until the 11th hour before the august recess and the next batch of jobs data is out on the 7th.

I'm thinking about pulling the trigger on AAAU & PEZ.

 

[ducati916]

I suspect we have at least another week or so of utter BS duc - stimulus won't be agreed on until the 11th hour before the august recess and the next batch of jobs data is out on the 7th.

I'm thinking about pulling the trigger on AAAU & PEZ.

So PEZ

Analyst Report


This ETF offers targeted exposure toward the U.S. consumer discretionary sector, making it a potentially useful tool for those employing a sector rotation strategy or for investors looking to tilt their portfolio towards a high beta sector that can perform well in bull markets. PEZ is one of the "Dynamic" ETFs offered by PowerShares, meaning that the underlying index utilizes a quant based analytical framework to select holdings. In exchange for this attempt to generate alpha, investors can expect to pay a bit more; PEZ is more expensive than FCL and XLY. For those who believe the Intellidex methodology has the ability to add value, PEZ might be an interesting play. But considering the less-than-impressive track record and expense differential, there are probably better ETF options for exposure to this sector.

Not my cup-of-tea. I like AMZN but hold it elsewhere.

jog on
duc

 

[ducati916]

Bit of a rotation thing going on:

jog on
duc

 

[over9k]

Yeah gold is up too. Everyone are starting to **** themselves thinking the stimulus they'd priced in isn't going to happen.

It feels like early march.

 

[over9k]

Also, I've never asked - what does your portfolio actually consist of duc?

 

[ducati916]

Can't capture currently the rest of the market as everytime there is a price change, it jumps back to the top and I'm not quick enough to capture the page. I'll update later after market closes:

Got most of them!

jog on
duc

 

[ducati916]

Also, I've never asked - what does your portfolio actually consist of duc?

That is it.

jog on
duc

 

[ducati916]

Yeah gold is up too. Everyone are starting to **** themselves thinking the stimulus they'd priced in isn't going to happen.

It feels like early march.

It is an election year. Of course it will happen.

jog on
duc

 

[over9k]

Morgan stanley head on bloomberg now talking about how he reckons tesla should be about $750/share, so overweight by over 100%.

Why do I get the feeling that they're short tesla?

 

[ducati916]

News on the vaccine front:

jog on
duc

 

[ducati916]

TSLA: accounting issues

As the analysts weigh in, TSLA seems to be playing with aggressive accounting standards, which the analysts hate. The Bears also hate it. Trouble is, it takes a bit of time for dodgy accounting to catch up with popular stocks. What it does indicate though is that as other competitors enter the EV space, TSLA's advantages will come under threat. That in-of-itself should negate the enormous premium being accorded currently.

jog on
duc

 

[Chronos-Plutus]

TSLA: accounting issues

View attachment 106382 View attachment 106383 View attachment 106384 View attachment 106385

As the analysts weigh in, TSLA seems to be playing with aggressive accounting standards, which the analysts hate. The Bears also hate it. Trouble is, it takes a bit of time for dodgy accounting to catch up with popular stocks. What it does indicate though is that as other competitors enter the EV space, TSLA's advantages will come under threat. That in-of-itself should negate the enormous premium being accorded currently.

jog on
duc

A few analysts have suggested that Tesla is a potential Enron of the auto industry.

 

[Chronos-Plutus]

Early gains followed by an utter bloodbath after more deadlock news from the ******** politicians bickering about stimulus. Wiped out all my gains from yesterday & the day before.

Standard politicians really.

Another couple of trillion or so on the way in August.

 

[qldfrog]

looking at indexes I was expected a bloodbath but my US holding was just down 300USD or less than 0.3% ..financials went well and my losses were very moderate at worst
Coupled with USD rise and I am in profit AUD wise
Hope it will be the same on the ASX today as it has been a great week so far

 

[ducati916]

So market close update:

Bit of a rotation going on.

Drilling down further into the sectors:

Banks & Utilities.

For tomorrow, what can we expect?

So the $VIX has found some support and we will likely have some more vol. tomorrow heading into the w/e. So a down day for stocks generally.

This is confirmed by:

The weekly TRIN and daily TRIN, which are both closer to resistance than to support.

And flippe-floppe-flye:

jog on
duc

 

[ducati916]

Oil

jog on
duc

 

[ducati916]

Here is why if (and looks increasingly that it will) TSLA will fall rather than rise on inclusion to the S&P500:

When stocks are included, they increase the shares to dampen vol. The newbies bidding up TSLA thinking that there would be a price spike, not so much.

jog on
duc

 

[qldfrog]

Here is why if (and looks increasingly that it will) TSLA will fall rather than rise on inclusion to the S&P500:

View attachment 106403

When stocks are included, they increase the shares to dampen vol. The newbies bidding up TSLA thinking that there would be a price spike, not so much.

View attachment 106404

jog on
duc

Is it time to short or are the big boys already on, ready to slaughter the novices?