Thursday, June 20, 2024

Market update

 Current market update


ST, LT, VLT - SPX signal is hold; Target is 5700

AAPL reached its target $220.
Next few weeks grind grind grind grind.....

Thursday, May 14, 2020

SH on 5/14/20

Bought SH at SPX 2840, closing now at SPX 2790. 
Captured ~ 50 points for VST trade.

All previous signals intact, but market in a trading range since mid-April. 

Thursday, May 7, 2020

Market update 5/7/20 - SPY Buy

Previous market update here


VST market signal remains on Sell 
ST market signal changed from sell to buy as of close on 5/7/20
Bought SPY at 284.25
LT market signal - Sell
VLT market signal - Buy

Friday, May 1, 2020

Market update




Previous market update here

VST Market signal changed to sell from buy, bought SH at SPX 2840. 

Thursday, April 30, 2020

Market update 4/29/20 - SPX target 3800

Previous market update here

Before I update  on the market, here was my call on April 15th - SPX @ 4000 by year end. Very much possible but my 1st target is SPX @ 3,800 by October 10th, then SPX 4000 by year end.  



Current market update

VST changed to buy from sell - 
sell signal was at SPX 2736, buy signal generated at SPX 2875; We were in cash, so no worry.

ST - SPX signal is sell; NDX changed from sell to buy
LT (weekly chart) - Sell (old signal, no change)
VLT - Buy (old signal, no change)



Wednesday, April 29, 2020

Google Inc Q1 2020

Previous signals here . No change in the previous market signals.

Google Inc posted earnings yesterday night. Let us see what our technical signals say.


I wouldn't trade news, so trading VST now is out of question.

ST - Sell (if you have a chance, buy $1200 July 2020 puts at open on 4/29/2020)
LT - (based on weekly chart) = Sell signal
Above chart VLT - still on a buy signal

Tuesday, April 21, 2020

Market update for 4/21/2020

Previous signals here

Market VST signal changed from buy to sell, we remain in cash for this signal
AAPL VST signal changed from buy to sell, cash for this signal. Previous AAPL signals here


ST - Sell
LT - Sell 
VLT - Sell

Market update

  Current market update ST, LT, VLT - SPX signal is hold; Target is 5700 AAPL reached its target $220. Next few weeks grind grind grind grin...