October 27th - Stock Market Review - Update

Sold the SRS at 9.95 with a very nice gain .

October 27th - Stock Market Review

I sold the options with a nice gain ( PUT QQQQ44 NOV) . I raise the stop on the SRS to break-even (this is a big position 25,000 stocks) from 9.51.

October 26th - Stock Market Review

I sold the Gold (GLD) at 103.3 with a very nice gain after purchased it at 99.1 ( after averiging),
i will buy it again maybe at 101, let see. I bought some SRS at 9.51 stop at 9.15 , i will buy more above 9.75 .
I still have the QQQQ44 put nov , probably i will buy more.

October 19th - Stock Market Review

My current position is, a very big positon in GOLD (GLD) with 5% gain .
and a medium position in QQQQ44 put NOV with a smal loss.

October 15th - Stock Market Review

No traiding yesterday...we are in a very strong bull market, no reason to fight the trend.

October 13th - Stock Market Review - Update

Short STLD at 15.17 stop 15.6
Short AKS at 19.10 stop 19.6

Update - I am out from AKS , my stop was to tight.
SRS , I lower my stop to IYR above 42.5

Update - Sold the SRS with a small gain and sold STLD with a very small loss.

October 13th - Stock Market Review - Update

OK...the IYR is down and the SRS is paying ... if we get here a small raly to 42-42.1 ,
i will buy some more SRS.

October 13th - Stock Market Review

I purchesed some SRS at 9.83 , breaking the 41.6 and we can see a deeper pullback.
My stop is if the IYR break the 43 i will sell my position.

October 12th - Stock Market Review - Update

We start to get here a nice pullback or maybe something more serius....let see.
A break of 42.1 will be the sign for short.

October 12th - Stock Market Review

I was wrong with the options, the market is very strong, there is no sign for short.
The market is killing the shorts....it is amazing, it is a so strong bull market .
I will wait and see what the market is going to do today and how can i minimeze my losses, the gold is doing well and my stop is still at 96.5 .

October 9th - Stock Market Review - Update

I sold SRS with a very smal loss and purchased more QQQQ put options.

October 9th - Stock Market Review

I sold the UNG at 11.9 with small loss , the market is very strong and my options position is down.
The gold is also down probably a pullback, my stop is still at 96.5 .
Probably no traiding for today only waching.

October 8th - Stock Market Review - Update

The gold had a great day with a 1.26% gain . I think that we should see some pullback in the gold after that nice rally . I purchased again the QQQQ44 put options at 2.30 and SRS at 9.79.
I sold the SMH 26 put option with a loss. at 1.71 . UNG didn't break the resistance at 12.2 , i also update the stop to 11.9 .

October 8th - Stock Market Review - Update

I purchased some UNG at 12.12 and my stop is at 11.6. The SMH is a weak a purchased a very small position in options nov PUT 26 at 1.82 , my stop is if the SMH break the 25.3 .

October 8th - Stock Market Review - Update

I sold the QQQQ at 2.35 and the SRS at 9.91 with a loss. I will wait for a better opportunity.

October 8th - Stock Market Review

The Gold had a great day yesterday and now in the premarket is almost 1% up. The put option and the SRS was down , i will wach the market very closely today and probably if the market show too much strength i will sell the options and the SRS. I was too early with this trade, and it is a losing position ,so it will be better to sell it and wait for a better opportunity.
BAC and XLF were very strong , no sign for short .

October 7th - Stock Market Review

I purchased yesterday some PUT options and SRS , i was too early with this trade .
The Gold made a very nice breakout from the 100 level, as i mentioned my target is the 130 level. Another stock that i will consider as a short candidat is BAC. I will consider some put options under 16.6 .

October 6th - Stock Market Review - Update

I purchased some QQQQ 44 put nov at 2.73 and some SRS at 10.19 . I will buy more at any rally.

October 6th - Stock Market Review - Update

I sold the QQQQ 39 oct call options at 3.01 with a 27% gain . It was a nice gain so i had to take it.

October 6th - Stock Market Review - Update

This is a 60 min chart, the QQQQ is at declinig trendline. I still belive we should rally untill 42.5 or even to 43 level and from that level probably will be a good place for a short tred.

October 6th - Stock Market Review

The market is above the 41.4 level , my target as i mentioned yesterday is 42.5.
The Gold is up today and we probably had break the 100 level , my target is 130 . My current open position are call option QQQQ 39 oct purchased yesterday and a very big position in gold.

October 5th - Stock Market Review - update

This is a 5 min chart , a break above 41.4 and the target will be 42.5. This is speculative trade and my share size is small.

October 5th - Stock Market Review

Gold - i updated my stop to 96.5 , this is the last lower high . If i am wrong with my analysis, then my down side will be much lower.

I am going to watch the market for a better short opportunity. I think that from now every rally will be a good short place . In case the market break the QQQQ 43.2 and SPY 108.2 , the analysis is cancel.

Update- I purchased some QQQQ call 39 oct at 2.36 . it is a small position in case the market rally to my target 42.5 .

October 3rd - Stock Market Review

I sold yesterday the SRS at 10.50 with a 0.64 gain, i still belive we should see much lower prices in the IYR , but it was a nice gain, so i took it before the weekend.
The QQQQ was down again i think that from this level ,or maybe from 40.25-40.75 we should see a small rally until the last lower high 42.5. If we get the rally it will be a great opportunity to sell short.
The Gold was up 0.49% i still belive we should see much higher levels. I have a very big position in gold with a stop at 91. Only a real break of the 100 level will determinate the 130 as our target.

September 30th - Market Review Update

I sold the QQQQ PUT44 with a smal gain , but if the market will break the 41.95 i will buy it again.

September 30th - Stock Market Review

I started to buy today some SRS it is still a smal position at 9.86 , but i intand to buy much more . I belive we should see some pullback , but as i metioned many times the market won't give the gains back so easily.The QQQQ will be offcialy short only under 41.5. I also purchase today some QQQQ PUT44 at 2.05 . I also going to wach very closely UNG.

P.S. I still have a very big position in gold that is down, my stop is at 91 (GLD) .

September 25th - Market Review Update

I am out , sold the Puts QQQQ 43 with a 68% gain . I still belive we can go lower but with such a gain i had t take it.
Have a good weekend

September 25th - Stock Market Review

The options are already 40% up , yesterday i miss the opportunity to buy more at the opening .

I still think we should get a serios pullback but after so strog rally the market won't give it back so easily. i still belive thet we should get a pullback to at least 41.5 and then 41 . In all of the indexs there is a negative divergence that can indicate that we probebly can get a more serios pullbak. only a break of 41 will leade to a bigger pullback.

if we get a small rally to 42.2-42.4 it will a good level to buy more puts.

In the SPY only a break of 103 can leade to a bigger pullbak.

The gold was down yesterday , it is still in uptrend but i will wacth it very closely my stop is at 91 and my target is at 130. If the GLD is going to consolitade at this level i will consider buying more.

September 23rd - Market Review - Update

I bought today some options PUT QQQQ 43 . I still think that we are in a very strong uptrend but we should get here a small pullback. Probably if we get tomorow a small rally to 42.7 42.8 it will be a good point to buy more options.

Still , i have to empahsize we do not have a short signal , i am too early with this trade, real short will be under 42.2 the target is 41.

September 23rd - Stock Market Review

The Market is in a very strog uptrend it will be realy foolis to take here a short . After this amazing rally we should get a pullback but the market won't give back the gains so easily.

Couple of days ago a started to build a very big position in the gold GLD . Let see if the gold is going to break the 100 level , my first target is the 130.

September 10th - Stock Market Review

The Nasdaq close at new year high , we are at very critical level ,at this poit in my opinion we should see a nice pull back but the market is so storg that there is no short sign yet.

With diminishing volume in the last up trend we should stat to see the begonning of this pull back. The most important level for the QQQQ is the 40.8 breaking this level and we can start considering the short side.

The UNG made yesterday a negative behavior open very strog with a gap up and close at the low of the day in the negative territory with a lost of 1.75%.

Couple of words about Gold, everybody talk now about gold ...in a time of uncertainty people like to buy gold. we have a nice head and shouldes in the GLD my first target is 110 and the last target is the 130. there is'nt yet any buy signal , we should wait for a pull back and some momentun then we can considering buying the GLD or other gold stocks.

September 9th - Stock Market Review

We will start with yesterday big winner, UNG . After 7.7% rally i am going to wait for a pull back. If we get a higher low and momentum then it will be a good buy signal.
The market is still in an uptrend no change here, but after 50% rally i think the market is starting to show some weaking signs, but there is NO sign yet for short, let see what is going to happen today. When everybody is so bullish that is the place to be very cautios.

September 8th - Stock Markek Review

Two ETF's that i think are going to pay really well is UNG for the longer time period and SRS for the shorter time period. There is no buy signal yet but i am going to watch those two more closely .

August 5th - Update

No sign yet for short .... QQQQ under 39.5 SPY under 98.5 DIA under 91.5

August 5th - Stock Market Review

The NASDAQ - QQQQ


In the weekly chart there is a resistance at 40- 40.5 level

In the daily chart the last move was from 25.56 to 40.19 . the big question if we saw the high

The last move from 34 to 40 the pull back can be 37.97… 37.27…. and the support level 36.57

We have support at 39.5, breaking this level and we can see a bigger pull back and the next support is 38.75

July 27th - Stock Market Review - Oil

The OIL is in up trend even so the long term trend is still in down . There isn't any sign for a short yet but we are now at very critical level , the 36-36.5 should act at resistance .
Any Short is too early .

July 27th - Stock Market Review

Every one is so bulish now that make me feel that we are going to turn around. It is only a feeling and feeling doesn't pay the bills. Short are still too early. We still have higher lows and higher high.

There isn't any sign that we are going to turn around in any time frame.

SPY- long can be taken above 98.15 and short under 97.5

QQQQ - long above 39.4 and short under 39.1 . Bearking the 38.75 level and we get a lower low, but it doesn't mean that we are going to turn lower , it is only mean that we turn sideways.

July 27th - Stock Market Review - The Big Picture

What a rally , more then 50% from the lows. There isn't yet any sign that we are going to turn around. The Short term trend is up But the long term trend is still down , the MA 50 weekly is still declining. The next potential resistance for the QQQQ is 40-40.5 that is the 61.8% correction from the lows, this level will very hard to break.

For the SPY the next potential resistance 98- 101.

May 4th - Uptade

We are more then 35% from the lows , but it is not yet the time to sell short . There isn't any sign yet. But with a 200MA that is declining we should see pull back.
A lot of people will say that we are above the 200MA, and that mean that the trend is change, what is more important is the diraction of the 200MA......declining .

April 30th - Stock Market Review

The futures are 1.7% up , but in my opinion even if we penetrate the declining 200MA we should get a nice pull back.

Here is the same situation from 2002-2003

And today...

April 29th - Stock Market Review

The QQQQ are at a critical level , the 200MA is declining in a very rapid way. Even if we are goinmg to see another rally , it will probably fail.

BUT we do not have YET a short sign due to the fact the we have higher high and higher lows.

If in some way the QQQQ break the 33.4 level then we can consider the trend change.

April 29th - Update

After a few weeks vacation we will start to trade again
The portfolio will start again from 100,000$

March 25th - Stock Market Review

Current Portfolio 101,402$ + 20,000$ unrealize gains

Open Position - See for detail

I have only 20,000$ gains due to the fact that a week ago i purchased SDS to protect the gains...i was realy early.

After a rally of more then 20% i think we should get a pull back . If the QQQQ rally to 31.5 it will be a good short place.

The VIX still didn't break the 40 level , breaking this level and probably we will see a much bigger rally and a real change in the market.

March 21st - Weekend Market Review

Peter Schiff is one of the few that forecast this crisis.







All the currencies are in a down trend against the US Dollar . The 200MA is still declining , no sign yet for a long trade against the US Dollar . The currencies that Peter Schiff talk about , the Australian Dollar the Euro and the Pound , are still in a down trend despite the last rally.
We can see that they start to build a base , but not for a solid long trade for years.
The only one that is in a up trend is the Gold , a long trade will be above GLD 100 and a short trade can be taken under 85-86.

March 20th - Stock Market Review

Current Portfolio -101,402$ and 16,000$ urealize gains

Open Position - See For Detail

The market have today his pull back, a normal pull back will be QQQQ until 28-27.5

and SPY 74-72.5 . breaking this level an we are going to test the lows or even make new lows.

The next stock that was bought on March 6th is BAC 400 3.29

March 19th - Stock Market Review

Current Portfolio - 101,402$ + 18,000$ unrealize gains
Open Position - See for Detail

The market rally realy nicely ....i didn't believe that we will rally so fast and so high on light volume but only price pay. Even so the volume yesterday was higher then usual.
I still think that the market should pull back after a rally like that. let see


The next Stock that was bought on March 6th is AXP 100 10.25$

March 18th - Stock Market Review

Current Portfolio - 101,402$ + 15,000$ unrealize gains
Open Position - See for detail

The market rally very nicely and is at important resistance levels QQQQ 29.3-6 and SPY 78 .I still believe that we are rally on fumes. but let see

The next stock that was bought on March 6th is AM 300 3.39

March 17th - Stock Market Review

Current Portfolio - 101,402$ and 17,000$ unrealize gains

Open Position - See for Detail

As i said yesterday the most impotant levels are QQQQ 28 and SPY 74 . If we break this levels then probably we are going to check the lows or even make new lows. let see

The next stock that was bought on March 6th ALU 1000 1.16

March 16th - Stock Market Review

Current Portfolio - 101,402$ and 15,000 unrealize gains.

Open Position - See for Detail

I don't have any more gains due to fact that i bought too early the SDS. The market pass the resistance leves QQQQ 28 and SPY 74-75. If the market break down the 28 level we will have a probably a serios sell off . I think the market rally on fuel fumes, but let see...

The next stock that was bought on March 6th is AKS 400 6.35

March 13th - Stock Market Review

Current Portfolio - 101,402$ and 16,000$ urealize gains

Open Position - See for detail

Due to the fact that i have SDS to protect my gains i didnt have any profit from yesterday rally.

The next stock that i bought at march 6th is AINV 300 2.90$

March 12th - Stock Market Review

Current Portfolio - 101,402$ and 16,000$ unrealize gains
Open Positio - See for detail

The SPY and the QQQQ checked the 74 and the 28 levels , i have almost 16,000$ unrealize gains so i bought some SDS to protect those gains. We can get here a pullback to the 70 level in the SPY , if we break this level, we can get a new low and even a serios sell panic ,and that will be a complete give up.

The next stock that i will show today from the more then 80 skocks that was bought at march 6th is AIG 3000 0.34$

March 11th - Stock Market Review

Current Portfolio -101,402$
Open position - See for detail.

Yesterday we had a very nice rally, a real long in the SPY will be above 74 and for the QQQQ is 28. As i said nobody knows if we saw THE bottom but we are in a very oversold condition so we should have a nice bounce from this lows.
The next stock that i will show today, and was bought on the march 6th is ACAS 1000 0.75$