Wwwwfesgsgdgdggdx By Lin Yingjun The US

Transcription

Wwwwfesgsgdgdggdx By Lin Yingjun The US
Linvest
Chart Chat (121) April 15, 2016 Weekly Update
Wwwwfesgsgdgdggdx
By Lin Yingjun
The U.S. equity market remains virtually unchanged since my commentary of last week. Conversely, the
breadth, breadth oscillators, and Options Equity Put/Call Ratio chart (see: $CPCE in Chart 2) showed sell
signals as of last Thursday, and a reversal to buy signals on Friday at the close of the stock market. The
S&P 500 Index price (see: SPY Chart) however, is still showing bullish traits. That said, we will hold to (and
bear in mind) SPY’s prospective trading range of $198-$205-$209 for the time being.
The price of GOLD stalled between $1200 and $1245 while GDX (Gold mining ETF) share prices closed to its
previous high of $21.40 in 2016 with no sign of peaking just yet. GLD (GOLD's ETF) price remains stuck in
the $119 to $115 range. Overall, the price of GOLD remains bullish.
The price of Crude Oil closed above a bullish $38 last Friday and we may yet soon see $43 and $45. Conversely
if crude oil price drops below $38, we may see $35.5, $34.5 and $32.5. I am bullish on the price of Crude as it,
to quip a favored Christmas carol, "T’is the season” for the price of Crude oil to move higher.
The price trend of Natural Gas remains neutral as its price trading range is very narrow and flat, and so, I
wouldn’t be too worried about any open Natgas positions moving against us temporarily.
That’s it for this week. Thanks for reading and good trading with your plan!
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More intermediate-term trading ideas watch list (Long and short):
Leader stocks: AAPL ,GOOG, CMG, AMZN, ISRG,NFLX, PCLN, CF, FB,TWTR,TSLA,
Bio, health and Pharmaceutical: ACAD, AMPE,ADXS, ACHN, BIIB, ONVO, CRIS, CERS, INSM,TROV , PRTA, RMTI,RTPT, RGLS, NVTA
China Stock: BABA, VIPS, DL, EJ, FENG, JRJC , KNDI, WB, BIDU, XRS,DANG, VISN,YOKU, XNET
Commodites: UNG, NGS, JO, SGG, USO, GDX,GDXJ, SLV, CORN, JNUG
Energy and service sector: XLE, PDS, BBEP, PBR. SWN, ALA.TO, SU, ECA, BTE, DO, UCO, XLE,SCO. DWTI
Solar Stocks: TAN, CSIQ, CSUN, TSL , SCTY, FSLR, JASO, SPWR
Precious metal,and mining companies: X, SMF.TO, GLD, EGO , CG.TO, IMG.TO, EDR.TO, SLW, NEM, SA
Prime : AKAM, BA, BX, CVU, MOS, LVS, KEM, HLF,WAG,WDAY, WHR,HSY, ED,
Airline, Cruise , hotel, restaurant: UAL, DAL, ALK, WJA.TO, AC.TO CCL, NCLH, RCL, EAT, MGM, LVS
Currency pair: EUR/USD: EUO, FXE; USD/CAD, CAD/USD, FXC
Green: stocks with long position.
Orange: stocks with long positions (small).
Red: stocks with short position.
Black: candidate stocks.
(Note: Some positions are not in the abvove list.)
Notable companies to report earnings and report this week include:

Monday: NFLX*
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Tuesday: GS VMW
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Wednesday: FIT
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Thursday: GOOGL* V*
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US Change in Crude Oil Inventories 11:00 AM ET
US Initial Claims for Unemployment Insurance 8:30 AM ET
Weekly Natural gas storage 10:30 AM ET
Friday:
*Report date unconfirmed or prefer pre order
Members, please feel free to send me a note or call if you would like to discuss any of the above (or other) stocks you are interested in. Please pre-order Earning
Trades at least 2 days prior to stock earning report being issued. Thanks and good trading!
“An investment in knowledge always pays the best interest.” Benjamin Franklin
Linvest Research
https://twitter.com/LinYingjun
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