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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.

NAO & NNA Trade Setups

Here are a couple of potential & unofficial trade setups that I posted in the trading room earlier today. These are both low-priced, very small (only $221m & $73m in market cap) shipping stocks which makes these very aggressive trade ideas. However, with above average risk or loss comes above average potential for gains so [...]

Aug 2, 2017 10:20am|Categories: Unofficial Long Ideas|Tags: , |0 Comments

$WHEAT & WEAT (ETN) Backtesting Support

Member @ixtlanian inquired in the trading room if WEAT in objective long re-entry position now? Based on both the charts of $WHEAT (continuous futures contract) and WEAT (wheat ETN) it would appear so. $WHEAT is close to backtesting this downtrend line following the recent breakout & divergent low, thereby offering another objective long entry or [...]

SPG On Watch For A Breakout

SPG (Simon Property Group) has recently put in a divergent low following a 34% "death to all-things retail a la Amazon" bear market, as SPG is the world's largest shopping mall REIT. Retail companies & the shopping mall REITs have certainly felt the pain from the shift towards online retailers but they are not dead [...]

Jul 21, 2017 2:43pm|Categories: Unofficial Long Ideas|Tags: |4 Comments

PEIX Setting Up for Potential Rally

After the mega-rally (~360%) off the early 2016 lows, PEIX (Pacific Ethanol) may have run the course of the necessary correction needed to alleviate the overbought conditions & negative divergences that were in place at the late 2016 highs. Still some work to be done to firm up the case for a reversal but a [...]

Jul 21, 2017 2:15pm|Categories: Unofficial Long Ideas|Tags: |0 Comments

Commodity ETN Analysis (video)

This is the 5th & final video for today covering the sectors & commodities that look to either be setting up or currently offering objective trading opportunities. This video starts out with a quick look at the charts of natural gas & gasoline followed by updates on the various agricultural commodities that have recently been [...]