Before The Year Ends

Posted by StockRake on December 30, 2013 in Nasdaq
It’s been a big year in the market this year. New highs, many breakouts. Just have to look at the post before this one on March 24 2013, (it has been a long time since last blog post), where the NDX was 2800. Today it is standing at 3574. The NDX is up 27% since […]

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Some Charts

Posted by StockRake on March 24, 2013 in Semiconductors, Tech Stocks, Technical Analysis
Its been awhile and I know you missed me so here are some charts. I also liked INTC last week, but it looks like it did a minor pullback. I want to see how it trades this week before jumping on board. That goes for the semis in general.

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Lets Blame Obama For the 87 Crash

Posted by StockRake on November 9, 2012 in Other
I’m surprised at how many traders I respect, think the market is tanking (see going lower) because Obama won reelection. They must be using super secret technical indications I’m not familiar with, but I doubt it. My timing indicators went on a sell signal October 19th well in front these past two “decent” sized down […]

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Before They Become Everyone’s Favorite Stock

Posted by StockRake on July 28, 2012 in Chart Fest
So many corny stock puns I should work for CNBC. This filter at its basic core is a close above the weekly 50ema. Its a simple strategy. Why? Because no big move happens without that simple principle. There are plenty of moving averages you can apply that too, but you will get a lot more […]

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Short Indexes Cash Elsewhere

Posted by StockRake on June 20, 2012 in Trades
I got short yesterday the indexes. Not the best move, not the worst, according to what I’m seeing in the weekly charts. The bounce has been great, I haven’t participated as much as I would have liked too – which is close to nil, but its been mostly cash or long stocks. With this bounce […]

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MRKy MRK and the Funky Bunch

Posted by StockRake on June 14, 2012 in Buyers List, Chart Fest
mrk
These are the percentage returns the last few long signals on my charts for MRK. 21% 5.2% -1.6% 2.1% -6.1% 3.2% -.05% 6.5% current long signal 3.6% With MRK coiling here under the 50w ma and near the most recent monthly highs not seen in awhile, I suggest putting this on watch. Above this BO […]

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Frustrating Because the Market Did What I Didn’t Want

Posted by StockRake on June 1, 2012 in Leveraged ETFs, Leveraged Funds
Well the market slammed through the glass today. I was hoping that thin strip of support would hold and create a mild up day. One that lulls traders into complete calm and then smash them in the face Monday morning. I planned to get short today at the close heavy if that scenario unfolded. Unfortunately […]

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Please Go Higher Tomorrow Market

Posted by StockRake on May 31, 2012 in Leveraged ETFs, Leveraged Funds
I want the market to go higher, my charts say its possible, but as I posted earlier in the week all signals have been sufficed on the long side as of Tuesday which is where I got out and have been sitting since. I could almost get short today but I want to wait until […]

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Back To Cash, Where the Market Goes From Here

Posted by StockRake on May 29, 2012 in Trades
I’m back to cash. Where the market goes from here is anyone’s guess. At today’s close my signal is sufficed and profitable so I’m out. We’re up about 100 points from the Friday close (5-19-12). 100 points tends to be average move for this signal. From a technical standpoint the 21dema is still above on […]

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1 More Up Day and I’m Out

Posted by StockRake on May 28, 2012 in Buyers List, Sellers List, Stock Lists
Potential longs – Lotta crap, some biotech, lots of small/micros. Potential shorts – Bigger cap stocks, apartment reits. I’m long the COMPX and RUT via leveraged funds for 1 more up day, which by looking the futures could come tomorrow. At that point I want to reassess what I think the market is going to […]

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