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Showing posts from August, 2019

Course And Heading 08/26/19

The Low Tide might have ended at 2822 on August 5th. If that is true, we are 21 days into the rising High Tide. The last 3 High Tides have lasted 53, 54 and 53 days respectively. If we are in a High Tide it should subside somewhere between 3000 and 3100 so a nice run could happen in the next 30 days. Otherwise, we are still in Low Tide and will test 2822 once again.

Therefore:
No new long positions planned unless we test 2822.No short positions planned.Hold existing positions.Trading Tide Levels:
Rising from a Low Tide (S&P rising from 2822)Spring Tide (VIX at 19.77)Subscribe to 10KT NewsletterLearn More About 10KT
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks including losing your entire investment. I do not recom…

Course And Heading 08/19/19

The Course And Heading was disrupted last week due to a much needed vacation which included time spent on the real open sea!

The Low Tide might have ended at 2822 on August 5th. If that is true, we are 14 days into the rising High Tide and should see growth up to 3,100 over the next 2 months. However, we are already at 2926 so expect some volatility on the way up. Otherwise, we are still in Low Tide and will test 2822 once again.

Therefore:
No new long positions planned.No short positions planned.Hold existing positions.Trading Tide Levels:
Rising from a Low Tide (S&P rising from 2822)Moderate Tide (VIX at 17.12)Subscribe to 10KT NewsletterLearn More About 10KT
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This is for informational purposes only and the information provided does not encompass all possible or probable outcomes and nothing posted here is an indication of future results. Nothing in this blog is a guarantee or promise of future investment returns and investing in stocks or bonds carries risks includin…

Course And Heading 08/05/19

It's been a while since the last storm. Stormy weather arrived right on schedule as the High Tide ended on July 26, 2019, 53 days since the June 3, 2019 Low Tide of 2729. The two previous High Tides expanded 54 and 53 days respectively.

We are at the end of Rip Tide Season and the fed funds target has been announced and China just blew some wind into today's storm with a trade war response. The weather is ugly with a Spring Tide and almost Rip Tide conditions but that can also be a good time to start preparing to leave the dock. It is important to not leave the dock to soon, the S&P currently sits at 2875 and is much more attractive at 2808 or even 2729. As always, proceed with caution.

Therefore:
Some new long positions planned. Not going "all in".No new short positions planned.Hold existing positions.Trading Tide Levels:
Receding High Tide (S&P falling from an all-time high of 3027.98)Spring Tide (VIX rising to 22.04)Subscribe to 10KT NewsletterLearn More Abo…