Trading US stocks

[knightrader]

Trading multiple timeframes means trading the candles from 5-min charts to weekly charts. We, however, watch from 2-min charts to even yearly charts. Yearly candlestick chart on gold is fantastic for background. The patterns are consistent since the beginning of the golden bull market from 2001. The volatility is inside the year in intraday, daily and weekly charts. Most people only see the daily volatility. he-he

Even as we take short-term profits, we are also waiting to add to long-term trades on the SAME trading vehicle whether stocks, options, ETFs, currencies, commodities, etc.

Here's a nice technical chart. We, however, use a different technical chart using candlestick, multiple averages, volume plus, fibonacci levels, etc.

http://www.gracelandupdates.com/imag...jan24gold1.png

[knightrader]

In order to defend the US dollar reserve currency status and its major component, the petrodollar (where oil is traded in international markets using US Dollar), the USA may resort to where it is still strong: military capability. They need to do this now as even that military advantage is not sustainable with the on going economic decay and currency debasement.

The USA go to war in the name of democracy and equal rights. Why they haven't attacked North Korea or Pakistan is a puzzle. Or is it?! he-he

http://www.financialsense.com/contri...-on-u-s-dollar

[knightrader]

We had a great week trading in multiple timeframes taking profits on intradays (so volatile and stealthy hehe) and hit-n-run trades. Taking profits while adding to longer term trades. Business as usual. Many have missed the last bull run and did not trade the retracement down. Many will also miss this seasonal run. Yes, they come in waves and repeats almost every year. When the waves come, we go sufing! Surf them waves, dudes!!

The USA is still the most active market. The risk is the US Dollar. We can only counter this by continually using part of trading profits to add to physical gold and silver positions. Nothing has changed in fundamentals yet people expect different results. Amazing trading psychology. Never cease to amaze me how most people do the opposite.

http://blog.kimblechartingsolutions....he-u-s-dollar/

[babyland]

vacation mode ka pa knightrader?

Will Greece be bailed out or would it default and leave the Euro? That is the question for the month.

[knightrader]

vacation mode ka pa knightrader?

Will Greece be bailed out or would it default and leave the Euro? That is the question for the month.

Yup just travelling around beaches, mountains and volcanoes. he-he Also know more people now. I may never go back to the USA. ha-ha

The German Finance Minister envisions a 2-speed Europe with a core group of nations and the rest. Greece maybe one of the nations outside the core. They will find a solution via a unified core of nations giving sovereignty to one: most likely Germany. But as one nation among 10, Germany won't seem like a threat. Or so it seems in the beginning.

I continue to hold Euro accounts but the most position is in gold and silver.

[knightrader]

knightrader, what is your outlook for the USA Markets SPX NDX for the rest of 2012? Looks like a Bull Market has started since last month, we are overdue for a big Bull Market.

what do you think?

also, do you answer questions on individual stocks or no?

thanks

Sorry for the late reply. Am as free as a bird to do what I wish. And for awhile, there are many activities more interesting than checking this site! he-he I watch markets, of course, whereever I may be.

Our outlook is inflationary specially for an election year. This means stock markets will do well. Although I think when the general market reverses in late quarter, mining stocks will continue to propel upwards. Silver stocks should do better than gold stocks although we hold both.

I can look at individual stocks in different timeframes. You can ask me and I'll tell you what the charts say for swing, position trades. I can only tell you the technical side of it although we trade fundamentally strong sectors. he-he

[knightrader]

There is a tag of war between deflation and inflation and we will see both along the road to Hyperinflation. GL pretty much see the same thing we see with slight difference.

http://gonzalolira.blogspot.com/2012...ow-before.html

[knightrader]

Just thought I share these videos regarding the Hunt Brother's silver and the manipulation of markets even then. Am as active trading these markets. Just have other stuff to do besides trading. Wish I do not have to sleep. ha-ha

http://www.youtube.com/watch?feature...v=swrrAQBsEE0#!

http://www.youtube.com/watch?v=aoBgX...eature=related

[babyland]

knight,

If Greece defaults tomorrow, what would be the immediate effect on gold price? oil price?

[abcxyz]

apple now at $545.17. funds have increased the target to $600, a few at $710. some crazies are saying $1,000!

has any stock reached $1,000, ever?

[altair]

Samsung Electronics (Korea Stock Exchange) trades at KRW 1,216,000 =~ USD 1,066.67

[knightrader]

apple now at $545.17. funds have increased the target to $600, a few at $710. some crazies are saying $1,000!

has any stock reached $1,000, ever?

Try BRKA around $123,000 a share.

[knightrader]

Haven't been here awhile. Too busy enjoying people and places. he-he We think the USA will do ok this year. But 2013 and 2014 looms to be very painful for dollar-based investors. We are thinking of switching markets to trade away from the Anglo-Saxon controlled markets especially USA. Our fav sector gold/silver is in sideways mode for awhile now. Energy is awesome though. General stock indices are looking good for the year. Election years tend to do that. Yet they maybe firing their last bullets. We are a bit bored with the sideways movement and a bit uncomfortable with US Dollar cash.

If you think the US will recover. Think again and read on:

http://truthingold.blogspot.co.uk/20...sury-debt.html

[knightrader]

knight,

If Greece defaults tomorrow, what would be the immediate effect on gold price? oil price?

There are more unemployed Americans than all the people in Greece! he-he It is actually good for Greece to do so at least in the short-term to be able to monetize Greek debts. It would probably not be good for the Euro at least in initial reaction but good for gold even though they have moved in tandem in the past. Oil is marching to a different tune both with peak oil scenario and war looming!

The best way is to wait and see how the market will react after an event then trade the technicals when presented. I do not like to guess. When the charts present themselves, we go to business as usual. Trading according to what we think is dangerous. Physical gold and silver are the only ones I act on based on what I think. Everything else is tradable. he-he

[snow6453]

how much to open an acct to trade nyse market?

[knightrader]

how much to open an acct to trade nyse market?

It varies from 0 to around $25,000 to open a retail brokerage account. We are trying to diversify out of US markets though. he-he The dollar risk is getting dangerous regardless with the talking heads on "recovery". The dollar is toast. 2013 and 2014 will be pivotal. We are adding to physical gold and silver at this sideways opportunity.

Taking a break from trading US markets will actually be beneficial looking at the amount of debts and deficits the US is creating. The US Bonds are in bubble territory. The US equity markets are deceptive with underlying inflation creeping up without coming out in official reports. Hyperinflation brings stock markets to record highs even as the underlying currency is destroyed. Major changes coming in the next 3 years. The USA and the dollar will not be able to recover from this past and ongoing abuse of reserve currency status. Countries are trying to find a way to trade among themselves in their own currency away from the US dollar. We see scary undercurrents not seen by the public.

[knightrader]

$73,000 Debt Per American Under Obama's Budget Plan

http://www.weeklystandard.com/blogs/...an_635499.html

[knightrader]

We have core positions in precious metals and energy. The possibility of a war with Iran in the fall is growing. Drumbeats prior to war are being orchestrated by the news media by demonizing Iran making it look like a moral obligation to attack. A common strategic prelude before the actual war is a war on the minds and hearts of common people.

I find it so hypocritical that those with the most nuclear weapons raise up their concerns on those who wish to have one! The proper mindset is for ALL to rid the world of nuclear weapons altogether. Of course, history shows that will not happen. History also have shown that every great weapons of war ever devised have always been used.

We March to our own drumbeat guided by the only 100% accurate predictor of future events: Biblical Prophesy. Those who profess Christianity and ignore prophesy is in conflict with themselves. The bible is 1/3 prophesy. God, in His deepest wisdom and mindset, already knows the future with infinite power to bring it about from the empires of Babylon, Persian, Greek-Macedonians, Romans and even to the Anglo-Saxons British and American empires. The next decades is not for China... it will be for the ancient Assyrians... or modern Germany to lead a politically unified Europe. UK will not be a part of that emergent Europe.

For those who wish to preserve their hard-earned wealth, gold and silver is unmatched in protecting your assets and your loved ones.

Fed's False Illusion Creates Bargain Opportunity In Gold Miners
Wednesday April 04, 2012

Industrial metals outperformed precious metals in the first quarter and this is characteristic after accommodative moves from the Central Banks, which has caused investors to look for commodities essential for growing economic demand. It may be indeed possible that QE1, QE2, Operation Twist and the $1 trillion LTRO in Europe is causing a flight out of risk off assets such as treasuries and gold into risk on stocks especially banks, homebuilders and industrial commodities. So we see the Fed announces no new stimulus needed, only days after Bernanke says the opposite. Ambivalence and confusion adds fuel to the eventual Golden Swan rally.

One could fight the Fed as it continues to make historic moves to refinance banks with massive bailouts by owning tangible assets such as industrial metals, graphite, uranium, heavy rare earths, etc…which may outperform during this risk on cycle. We may be witnessing a false illusion that the economy has bottomed and further QE is unnecessary yet we see golden swans on the horizon.

These banks are still holding 1.5 million foreclosed homes that are still unsold. We could see many foreclosure sales over the next few months, where we could see an upswing in asset sales by 25%. This is why we recently saw Bernanke hint at additional accommodation to continue supporting a moribund economy. We may be under the optical illusion America is doing fantastic and that the U.S. dollar will rebound...

http://www.kitco.com/ind/Handwerger/20120404.html

[knightrader]

Haven't been here awhile. Probably because the sideways markets keep us well.... on the side. We are pretty much enjoying travel even though our core positions in gold and silver have taken a beating from the 1st quarter of this year. Many of our friends are also "sitting out" and most can pretty much afford to as income and wealth are two different things. You can trade for both and the income-generating trades will work even though wealth positions are being tested. We hold gold and that has been a great position for the last 5,000 years! he-he In the meantime, intraday trading when I do find the time, keeps me in tune with world happenings. FB is providing a great trading vehicle. hehe

The world is gyrating from the many financial abuses of the last decades. It is payback time. History is being made and major changes are coming in financial leaderships and wealth of nations. The Philippines is being shaken to unleash its potential without the corruption that is as old as its history. Corruption will remain but we only need an elimination of the "big" ones to insure a better future. I feel secure here better than my US-based assets. Until we have confidence in the Philippines: its currency, its business structure, its rule of law, its banking institutions, its government, its individual and property rights, etc; we cannot move forward in a sustainable manner. But I feel it is coming. I have never experienced such a vibrant democracy as we have here.

We have never been destined to be allied with China. Even our Tsinoys consider themselves Filipinos. Our history is about repelling the Chinese! We are currently allied with the USA but religion as in Roman Catholicism is a better pull. This should bring us to be allied with Europe when they finally unite politically. That is their only solution to the individual sovereign debt problems... certainly NOT more debts as the western think tanks suggest. This is still in the future.

Very exciting times we live in. I am scheduled to go back to the USA in the last quarter unwillingly. he-he Many disasters both natural and man-made are prophesied for the USA. Kinda scary to go there now.

There are major hedge funds and capital holding firms buying gold via GLD. I do not like it myself preferring to hold the real stuff but these firms are not used to that. Buying GLD though is a good start although it is subject to easier market manipulation.

Smart money are holding and actually adding to gold positions even as the scared money are bailing out. Sad to see but that is the nature of trading. Trading is not about trading stocks, bonds, futures, options, currencies, etc. Trading is about trading PEOPLE.

http://therealasset.co.uk/whales-gold-bullion/

http://www.businessinsider.com/faceb...ect+2012-05-21

http://www.forbes.com/sites/realspin...w-backfires/2/

http://fromthetrenchesworldreport.co...ot-weeks/15119

[knightrader]

We maintain the view that those countries with substantial gold reserves will more than survive the monetary, financial and economic crisis that is on-going and destined to get worse. Germany, is the biggest holder of gold as the USA cannot be trusted to still have their gold reserves, being used up to aid manipulation. We maintain that Europe, minus the Anglo countries like UK will more than make up for the current individual sovereign debt problems by forming a political union, a federal union of European countries combining their gold reserves to have the strongest currency in the world and will ultimately replace the US Dollar as the world reserve currency.

We put our money where out mouth is. We trade technicals in our current favorite sectors in energy, food, precious metals and foreign currency. Most of trading profits are going into our physical gold and silver positions even as some investors are panicking out. We enjoy amazing profits since we started this program in 2001. We always state that people count their physicals with ounces, not market value although if you started in 2001, you are pretty much sitting on profits of around 400% on gold and 700% on silver. Perspective and wisdom is required in these trying times. The world is being shaken to its foundations.

We also maintain that the Philippines and also Europe and Latin countries will do very well. This will be countered by an Arab confederation in the middle east and an Asian group headed by China and Russia which the Philippines will not be a part of. Our allegiance will shift from the USA to United Europe because the Roman Catholic Church and the pope will back this coming European economic and military giant. World associations will be formed on common religious grounds.

Here's an article to show Mexico and the Philippines STILL adding to their gold reserves. Combined with the attack on corruption, the Philippines is forging a stronger and more confident future.

http://campaign.etfsecurities.com/ae...lyPM280512.pdf