FE Agents who Invest!

[pcbinsurance]

Toby is a swing trader extraordinaire.

 

[Justin Bilyj]

The leverage on futures and options is far greater than with single stocks. As well as the volatility associated with them; which in most cases is what it takes to make money.

What contracts do you trade?

Take a look at GOLD's futures, wow. Call options on gold, giving the buyer the right to buy June 2015 futures at $2,200 an ounce, surged 24% to a five-week high as prices climbed to a three-month high.


Precious metal shorts must be feeling the squeeze right now..

Heres a bonus article for you 5 Things To Ponder: Cash, QE, Investing & 1929 | Zero Hedge

Not sure if anyone has seen this chart yet, but wow...

One of the biggest objections I heard two months ago was that the chart was a shameless exercise in after-the-fact retrofitting of the recent data to some past price pattern. But that objection has lost much of its force. The chart was first publicized in late November of last year, and the correlation since then certainly appears to be just as close as it was before.

To be sure, as McClellan acknowledged: "Every pattern analog I have ever studied breaks correlation eventually, and often at the point when I am most counting on it to continue working. So there is no guarantee that the market has to continue following through with every step of the 1929 pattern. But between now and May 2014, there is plenty of reason for caution."

Tom Demark added in interview that he first drew parallels with the 1928-29 period well before last November. "Originally, I drew it for entertainment purposes only," he said—but no longer: "Now it's evolved into something more serious."

Another objection I heard two months ago was that there are entirely different scales on the left and right axes of the chart. The scale on the right, corresponding to the Dow's DJIA +0.79% movement in 1928 and 1929, extends from below 200 to more than 400—an increase of more than 100%. The left axis, in contrast, represents a percentage increase of less than 50%.

But there's less to this objection than you might think. You can still have a high correlation coefficient between two data series even when their gyrations are of different magnitudes.

However, what is important, McClellan said, is that the time scales of the two data series need to be the same. And, he stressed, there has been no stretching of the time dimension to make them fit.
Scary 1929 market chart gains traction - Mark Hulbert - MarketWatch

 

[pcbinsurance]

Charts never lie....only people (stock touts) lie.

 

[xrac]

you're a cool dude, and a really hard worker...But speak with a Legal advisor, before you go recommending certain investments, and opening yourself to litigation. Pretty sure you need a securities license to do this...If a particular recommendation didn't pan out, and someone lost substantially, you could find yourself in hot water. Just looking out for you, and wish you best of luck.

If one is not securities license they can recommend all kinds of stuff. We see it everyday such as Dave Ramsey and 12% average return in mutual funds or telling someone to sell their VA. It is when you get licensed you have to watch what you say.

 

[pcbinsurance]

One of my favorite sites:

Swing Trade Stocks | Learn Swing Trading with InTheMoneyStocks

 

[TDFnCali]

What do you base your picks on?

Momentum & tech analysis, mixed in with very lil fundamentals cause I'm not in it more then 3 weeks, often times only a week or 2.

TDF
Sent via my Verizon Samsung G4

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I'll go contrarian and short every stock you go long in.

Let's bet u go broke, lol! And no, I'm no swing trader at all.

TDF
Sent via my Verizon Samsung G4

 

[pcbinsurance]

I've owned the domain momentrade.com but I've always been too scared to operate any type of stock tout service....even for "entertainment" purposes. I'm a TA/Momentum guy too and couldn't care less about the fundamentals.

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" And no, I'm no swing trader at all."
*********************************
From what you said above, you're a swing trader: "cause I'm not in it more then 3 weeks, often times only a week or 2."

 

[Newby]

I'm putting all my money in the RailRoads, Land-Line Telephone Companies and the 3 established TV Networks.

All this newfangled stuff makes me nervous.

 

[BB1224]

Take a look at GOLD's futures, wow. Call options on gold, giving the buyer the right to buy June 2015 futures at $2,200 an ounce, surged 24% to a five-week high as prices climbed to a three-month high. Precious metal shorts must be feeling the squeeze right now.. Heres a bonus article for you
]5 Things To Ponder: Cash, QE, Investing & 1929 | Zero Hedge[/URL] Not sure if anyone has seen this chart yet, but wow... One of the biggest objections I heard two months ago was that the chart was a shameless exercise in after-the-fact retrofitting of the recent data to some past price pattern. But that objection has lost much of its force. The chart was first publicized in late November of last year, and the correlation since then certainly appears to be just as close as it was before. To be sure, as McClellan acknowledged: "Every pattern analog I have ever studied breaks correlation eventually, and often at the point when I am most counting on it to continue working. So there is no guarantee that the market has to continue following through with every step of the 1929 pattern. But between now and May 2014, there is plenty of reason for caution." Tom Demark added in interview that he first drew parallels with the 1928-29 period well before last November. "Originally, I drew it for entertainment purposes only," he said--but no longer: "Now it's evolved into something more serious." Another objection I heard two months ago was that there are entirely different scales on the left and right axes of the chart. The scale on the right, corresponding to the Dow's DJIA +0.79% movement in 1928 and 1929, extends from below 200 to more than 400--an increase of more than 100%. The left axis, in contrast, represents a percentage increase of less than 50%. But there's less to this objection than you might think. You can still have a high correlation coefficient between two data series even when their gyrations are of different magnitudes. However, what is important, McClellan said, is that the time scales of the two data series need to be the same. And, he stressed, there has been no stretching of the time dimension to make them fit.

Those $2200 calls are like a lottery ticket play IMO. If it was me I would sell those calls, and attempt to profit from the change in the (vega) volatility of the option. In addition you could also capture some profit from the decay of time value (Theta) as well.

 

[TDFnCali]

I've owned the domain momentrade.com but I've always been too scared to operate any type of stock tout service....even for "entertainment" purposes. I'm a TA/Momentum guy too and couldn't care less about the fundamentals.

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" And no, I'm no swing trader at all."
*********************************
From what you said above, you're a swing trader: "cause I'm not in it more then 3 weeks, often times only a week or 2."

Well then I got a great idea, you got the domain name & be responsible for any legal matters & I'll just provide the stocks & we split it 50-50!

A swing trader holds a lot longer, don't they? How long do u hold your momentum stocks?

TDF
Sent via my Verizon Samsung G4