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Short Trade Ideas Category Updated

In updating the trade ideas today, the following Short Trade Ideas have either hit their final profit target, were stopped out as per the previously suggested stop criteria (SOAPSC) or no longer look attractive from a risk/reward perspective. Some of these stopped out short trades hit one or more profit targets before reversing & exceeding their suggested stop while others failed to reach any downside profit target. As always, all completed trade ideas on RSOTC are archived indefinitely under the Completed Trades category for future reference. AON: Dropped 10% following the short entry before reversing just shy of the T1, the [...]

2017-03-08T21:20:42+00:00 Dec 8, 2014 10:51am|Categories: Completed Trades - Short|Tags: , , , , , , , , , , , , , , |Comments Off on Short Trade Ideas Category Updated

Insurance Sector Overview (video)

This video covers the 10 largest components of the KIE (SPDRs KBW Insurance Index ETF) by market capitalization (not the actually top ten components of the ETF, which uses a different methodology other than a pure market cap weighting). My reason for selecting the 10 largest components of the KBW Insurance sector was to make the case that I was not cherry picking the most bearish looking chart patterns out of the KBW Insurance Index, rather to point out the fact that nearly, if not all, of the top 10 largest components of the sector (by market cap) have all set [...]

2017-03-08T21:20:51+00:00 Aug 1, 2014 3:08pm|Categories: Equity Market Analysis|Tags: , , , , , , , , , , , |Comments Off on Insurance Sector Overview (video)

Significant Correction in the Insurance Sector Likely

KIE daily July 31st In this post on June 21st, I had stated that "the popular XLF (Financial Sector ETF) is also on my radar as one of the more promising swing-short candidates. I haven’t pulled the trigger yet but there are several large financial companies, in fact many of the largest components of the XLF, including banks, credit card companies, insurance companies, & even the almighty BRK-B (Berkshire Hathaway cl.B) that although not ready yet, may be setting up as potentially lucrative swing-short trades." Although the KBW Insurance Index is "only" down about 4 1/2 % in the eight [...]

2017-03-08T21:20:51+00:00 Jul 31, 2014 10:53pm|Categories: Equity Market Analysis|Tags: |Comments Off on Significant Correction in the Insurance Sector Likely