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! Page 1 of 15 Chart 1 Page 2 of 15 Chart 2 Page 3 of 15 Chart 3 Page 4 of 15 Chart 4 Page 5 of 15 Chart 5 Page 6 of 15 Chart 6 Page 7 of 15 Chart 7 Page 8 of 15 Chart 8 Chart 8-1 Page 9 of 15 Chart 9 Chart 9 -1 Page 10 of 15 Chart 10 Page 11 of 15 Chart 11 Page 12 of 15 Chart 12 Page 13 of 15 Chart 13 Page 14 of 15 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* Tuesday: GS VMW Wednesday: FIT Thursday: GOOGL* V* 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 [email protected] www.linvestresearch.com Disclaimer: Trading stocks, options, and futures carries high level of risk, and may not be suitable for all the investors. The information contained herein has been obtained from sources that we believe to be reliable but cannot guarantee its accuracy or completeness. Linvest Research’s information does not take into account your investment objectives, financial situation, or needs. Past performance is not necessarily indicative of future results. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Linvest Research, its principals, associates and employees (the researchers) will not be responsible for any losses incurred on investments made by you as a result of any information contained in this report. In addition, the information contained on this website or emails are not intended to be investment, legal, accounting, tax or other professional advice. Linvest Researchers may, from time to time, buy, own or sell securities mentioned herein. ©2016 Linvest Research All Rights Reserved Page 15 of 15
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