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Showing posts from September, 2019

Course And Heading 09/30/19

The  Tide  is very difficult to read right now, it's a confused sea. The recent  King High Tide  peaked at 3020.74 on September 12. At that time the  Tide  had risen for 37 days and 7%. Today marks 55 days since the last  Low Tide  and 18 days since the  High Tide  reached it's high mark. If we are in a  Low Tide  we are in a long  Low Tide  (18 days) as they usually decline for 17 days. If we are still in the  High Tide  it will be a long  High Tide  as it will need to exceed 3020.74 to continue. My guess is we are probably in a  Low Tide  as Friday's low of 2945.53 wasn't too far off 2923 which would have confirmed the  Low Tide . But as I type the S&P is about 50 points from the  High Tide  peak and about 50 points from a  Low Tide  confirmation. It might not be as fun as sailing but the best thing to do is watch from the dock. Therefore: No new long positions planned. No short positions planned. Hold and/or sell existing positions. Fair winds and

Roller Coaster Emotions

Two days ago, I posted about the importance of " Patience " and how even thought it felt like a good time to set sail (buy a stock), the forecast was not clear. The forecast is never really clear but unless you have conviction in your decision it might be best to stay parked at the dock. So I stayed parked at the dock and yesterday, I felt disappointment as I looked out at a beautiful day (the market was up) while I was still sitting at the dock watching. But then today, so far, the market is down and I feel better sitting at the dock. I've talked about having " The Right Mindset " for trading as you have to be extremely level headed and be able to manage your emotions. A win is a win and a loss is a loss, never get too happy with your wins and never get too sad with your losses either. Remember, it has to be fun and  you have to be able to lose it all . Here's this week's roller coaster: Monday S&P High 2999 Low 2982 Tuesday S&P High 3008

Patience

Today is the type of day, with the market down and an unsure  tidal direction , it feels like a nice day for a cruise. Some of the boats that returned to the dock during the recent  High Tide   are now sitting slightly lower than when they were returned to the dock which is tempting me to set sail with them once again. However, the current strategy is to watch the market set new highs or watch it fall back to a range between 2923 and 2798. The S&P at 2966 just isn't low enough to set sail today. If a storm is forming,  VIX  winds are increasing, and we are in a new  Low Tide  it might be better to keep the boats moored at the dock until the  tidal direction  is clear and the  Low Tide  is established. Stick to the plan. Fair winds and following seas! Trading Tide Levels : Confused Tide  ( S&P  at 2968) Neap/Spring Tide  ( VIX  slightly rising to around 17 knots) Subscribe to 10KT Newsletter            Learn More About 10KT Facebook Twitter This is for inform

Course And Heading 09/23/19

The current  King High Tide  approached the all time high of 3027.98 on September 12. At that time it had risen for 37 days and 7%. The last 3  High Tides  prior to this  Tide  lasted 53, 54 and 53 days respectively. Staying with that thesis, September 27 would mark the end of this tide. Otherwise, this  High Tide  crested at 3020.74 on September 12th and if that is the case, our next  Low Tide  has begun and should recede to somewhere between 2923 and 2798. Therefore: No new long positions planned. No short positions planned. Hold and/or sell existing positions. Trading Tide Levels : High Tide  ( S&P  at 2992) Neap Tide  ( VIX  around 15.5) 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

Course And Heading 09/16/19

The current  King High Tide  is approaching our all time high of 3027.98 and has expanded now for 37 days and risen 7%. The last 3  High Tides  have lasted 53, 54 and 53 days respectively. Staying with that thesis, we could continue to rise over the next 13 days or so and then start receding. Otherwise, this  High Tide  could have crested at 3020.74 on September 12th and if that is the case, our next  Low Tide  has begun and should recede to somewhere between 2923 and 2798. Therefore: No new long positions planned. No short positions planned. Hold and/or sell existing positions. Fair winds and following seas! Trading Tide Levels : High Tide  ( S&P  at 3009) Neap Tide  ( VIX  around 14) 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 blo

High Water Mark

37 day old  Record King High Tide  crested on September 12, 2019 at 7%. Fair winds and following seas! 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 including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in conjunction with a Certified Financial Planner, a comprehensive and personal financial plan and all other components that make up your own financial situation.

Course And Heading 09/09/19

Last week confirmed we are now 34 days into this  High Tide . The last 3  High Tides  have lasted 53, 54 and 53 days respectively. Staying with that thesis, we could continue to rise over the next 21 days or so. Therefore: No new long positions planned. No short positions planned. Hold and/or sell existing positions. Trading Tide Levels : High Tide  ( S&P  at 2981) Neap Tide  ( VIX  around 15) 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 including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions are recommended to be in con

New Position: $AAPL Trade #105

I've been watch $AAPL for years and I finally took her out for a sail at $193.88, returned to the harbor and then set sail again at $203.42 and then again at $202.97. All 3 voyages have been very nice. Trade Rank: 15 Prior  $AAPL Tides: June 3, 2019: $170.27 July 31, 2019: $221.37 August 5, 2019: $192.58 Fair winds and following seas! Trading Tide Levels : High Tide  ( S&P  at 2992) Neap Tide  ( VIX  around 15) 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 including losing your entire investment. I do not recommend, advocate or endorse any third-party links, resources or advertisements of any kind. Any investment decisions

Course And Heading 09/03/19

The narrative remains similar to last week however, if the  Low Tide  ended at 2822 on August 5th, we are now 28 days into the rising  High Tide . The last 3  High Tides  have lasted 53, 54 and 53 days respectively. Therefore, there could be a nice run up in the next 25 days or so to somewhere between 3000 and 3100. If not, we are likely to test the  Low Tide  of 2822 once again. Therefore: No new long positions planned unless we test 2822. No short positions planned. Hold existing positions unless we test 3000 or greater or STOP-LOSSES  are triggered. Trading Tide Levels : Indecisive Tide  ( S&P  fluctuating around 2912) Spring Tide  ( VIX  around 19.50) 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 futu