Comments on: Late-Session/End-of-Day Market Analysis 10-7-19 https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/ Stock Trading, Investing & Market Analysis Wed, 09 Oct 2019 16:11:54 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: wilhud https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-8015 Wed, 09 Oct 2019 16:11:54 +0000 https://rightsideofthechart.com/?p=193592#comment-8015 In reply to rsotc.

Interesting piece on a smaller Semi https://twitter.com/sprucepointcap/status/1181962486897090561/photo/1

]]> By: rsotc https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7996 Tue, 08 Oct 2019 12:49:37 +0000 https://rightsideofthechart.com/?p=193592#comment-7996 In reply to wilhud.

The semis will shine on the short side sooner than later with the party likely to get underway once this daily uptrend line gives way. Pull any multi-decade long-term chart of the $SOX (PHLX Semiconductor Index) and you will see that not only is there a very clear cyclical nature to the semis but the magnitude of those cycles (percentage gains & losses) is huge compared to most other industries & the next bear market in the semis is as inevitable as the seasons. At a minimum, I expect the $SOX to fall about 52% from current levels (to 735ish) with and as much as 66% (552ish).

https://www.screencast.com/t/nE2NqIGD3uZf


]]> By: rsotc https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7994 Tue, 08 Oct 2019 12:37:52 +0000 https://rightsideofthechart.com/?p=193592#comment-7994 In reply to FINN.

I’m not a big fan of options, having lost much more than I’ve made off them over the years. I prefer to trade individual stocks, ETFs & futures because getting to call on where the market, a stock, sector, commodity, etc. can be hard enough at times, trying to not only guess where it is going but also WHEN it will get there brings in a whole additional level of difficulty.

As far as the next recession/bear market, I think that the technology sector and the semiconductors, in particular, will offer some of the largest downside potential with many stocks poised for drops of 50-70% & even more. Therefore, long-term puts on some of those stocks with the most downside potential could produce outsized gains although even with LEAPs, you have to get the timing at least somewhat right as being right on the move but too early with options is often the same as being wrong whereas that isn’t necessarily the case when shorting the shares (e.g. SOXX closed yesterday at the same level it was trading back on April 17th, nearly 6-months ago & anyone that shorted SOXX back then would have never been much more than 3% underwater on that trade, well within a modest stop-loss allowance yet a put buyer (long-term OTM puts positioning for a much larger drop than the Q4 ’18 drop) would have incurred huge or total losses by now.

]]> By: Kit097 https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7993 Tue, 08 Oct 2019 10:40:39 +0000 https://rightsideofthechart.com/?p=193592#comment-7993 In reply to wilhud.

I know it’s crazy. Semis seem to be hanging on to trade hopes

]]> By: wilhud https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7992 Tue, 08 Oct 2019 06:25:08 +0000 https://rightsideofthechart.com/?p=193592#comment-7992 ‘Looking ahead, the deterioration in trading conditions seen during Q3 across the majority of our regions is anticipated to continue. In the UK, heightened Brexit related uncertainty is expected to remain as we approach and go beyond 31 October. With worsening macro-economic indicators in Continental Europe, particularly in Germany, and in the US, there are signs that growth in these markets may slow. In Greater China, confidence in Mainland China continues to be affected by trade tariff uncertainty and the social unrest in Hong Kong is increasing’

]]> By: wilhud https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7991 Tue, 08 Oct 2019 06:11:54 +0000 https://rightsideofthechart.com/?p=193592#comment-7991 Samsung Electronics predicted its operating profit Q3 will fall by more than half from a year earlier amid sluggish global demand which would be a 56.2% drop from the same period last year.

Meanwhile US semis ignoring all data.

]]> By: bryrune https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7990 Tue, 08 Oct 2019 01:50:58 +0000 https://rightsideofthechart.com/?p=193592#comment-7990 I am very interested in the long video format. It is not just useful in prying the exact numbers I use it as a critical gauge of the broader market. I often find myself using RSOTC analysis to make my own informed decisions taking multiple intersecting pieces of information. That said, I really wish I had more capital; because the analysis on the PM’s is all but perfect.

]]> By: FINN https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7989 Mon, 07 Oct 2019 22:35:42 +0000 https://rightsideofthechart.com/?p=193592#comment-7989 I’m glad that you keep swing and day trading outlook in your videos.
I’ll be really interested in hearing your outlook on how to short the possible recession with leap trades. what would you short or buy puts?

]]> By: nsx3040 https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7988 Mon, 07 Oct 2019 21:18:25 +0000 https://rightsideofthechart.com/?p=193592#comment-7988 I agree even short premarket analysis cam be really helpful. I always make mistake first 30mins :(

]]> By: TridentES https://rightsideofthechart.com/late-session-end-of-day-market-analysis-10-7-19/#comment-7987 Mon, 07 Oct 2019 20:40:53 +0000 https://rightsideofthechart.com/?p=193592#comment-7987 Hello Randy, Could you do a late session analysis or morning analysis of 10 min or less?
I think that without repeating the same, 5 min is enough.
I think will be more productive for us.
Thank you.

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