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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 Newsletter            Learn More About 10KT Facebook Twitter 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

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 Newsletter            Learn More About 10KT Facebook Twitter 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 an

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)