Unofficial trade ideas are trade ideas that may or may not list specific stops & exact price targets and may or may not be followed up with. Unofficial trade ideas will only be moved to the Active and Completed Trade categories if they are first published as being recategorized as an official trade idea.

ALK & USO Analysis

There has been some recent interest in ALK (Alaska Air Group Inc.) as well as crude oil within the trading room so I figured that I'd share my analysis on both here, as fuel prices are the second largest expense (behind labor) for airlines. The first chart below is a daily chart of ALK overlaid with USO in white. In order to mitigate the impact of rising oil prices on their bottom line, airlines will attempt to hedge against rising oil prices & (ideally) remove hedges when they expect fuel prices to fall. It appears that ALK started to get their [...]

2018-07-10T12:27:35+00:00Jul 10, 2018 12:27pm|Categories: Equity Market Analysis, Gold & Commodities, Unofficial Long Ideas|Tags: , , |3 Comments

Consumer Staples Trade Ideas (part 2)

This video is the second of two videos highlighting trade ideas that stand out in the consumer staples sector (components of XLP). The following stocks are covered in this order: MDLZ, CL, EL, STZ, SYY, BF.B, MNST, TSN, GS, K, KR, HSY, CAG, COTY & SJM. playback speed can be increased in the settings to reduce video duration

2018-06-08T15:38:26+00:00Jun 8, 2018 3:38pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , |1 Comment

Analysis of XLP & Consumer Staples Trade Ideas

Technical analysis of XLP as well as the first 10 of 25 individual stocks within XLP (Consumer Staples Sector ETF) that stand out as potential trade ideas. As a good part of this video was spent discussing various considerations & technical developments within the consumer staples sector & technical analysis in general, only 10 of the 25 stocks that stand out were covered with analysis on the remaining 15 stocks to follow in a separate video. The following ETF & stocks are covered in this order: XLP, WMT, PG, KO, PEP, PM, MO, COST, KHC, CVS & WBA playback speed can [...]

2018-06-08T15:23:50+00:00Jun 8, 2018 2:41pm|Categories: Equity Market Analysis, Unofficial Long Ideas|Tags: , , , , , , , , , , |1 Comment

Crude Oil Falling Wedge Pattern

I've added an additional downtrend line to the /CL (crude futures) 60-minute chart to form a second, larger falling wedge pattern. CL recently backtested the smaller, previously highlighted wedge yesterday & has crossed above the larger, yellow downtrend line today, although today's breakout has not been very impulsive yet. Should this breakout start to gain some momentum to the upside, it would likely send CL up to at least the  67.24ish level & USO to around 13.58. Such a move would likely translate into a rally in the energy stocks (XLE, XOP, XES, etc.) as well, assuming the broad [...]

2018-06-07T09:40:58+00:00Jun 7, 2018 9:40am|Categories: Gold & Commodities, Unofficial Long Ideas|Tags: , , |4 Comments

CMCSA (Comcast) Breakout

We have an implusive breakout above the downtrend line in CMCSA (Comcast Corp Class A) today following the divergent low. CMCSA was recently an active trade that hit the sole price target for a quick profit with the stock taking one last plunge lower of roughly 12% from that level, which we were able to side-step with a timely exit & well placed price target. CMCSA daily June 6th While that trade was based primarily off the 60-minute charts, hence the relatively small price target & short holding period, today's breakout above the primary downtrend line on the daily [...]

2018-06-06T12:52:33+00:00Jun 6, 2018 12:52pm|Categories: Unofficial Long Ideas|Tags: |0 Comments

Gold & Silver Miners Trade Ideas

This video starts with a brief overview of gold, silver, platinum, GDX & the US Dollar followed with some of my favorite trade ideas in the gold mining sector. The following securities are covered in this order: EUR/USD, GLD, SLV, PPLT, ABX, FNV, WPM, GOLD, RGLD, KGC, BVN, AU, GFI, IAG, AUY, PAAS, BTG, AGI, TAHO, OR, HL, CDE, AG, SBGL, NGD, EGO & HMY. playback speed can be increased in the settings to reduce video duration

2018-06-06T10:54:28+00:00Jun 6, 2018 10:54am|Categories: Forex (Currencies), Gold & Commodities, Unofficial Long Ideas|Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , |0 Comments