TRUCHARTS Halloween Markets update -

TRUCHARTS Markets update 10/31/2014 Halloween

Happy Halloween and Markets up, up and up.  

A very good summary of the markets here at this link:

http://www.zerohedge.com/news/2014-10-31/halloween-yen-massacre-sends-market-all-time-highs

Stocks to watch Update

Stock to watch Update and Hot Stocks

AEM was down this morning (we shorted yesterday) - Gold down $30+ today.
AAPL up, BIDU up, V up and MA holding here. 

Markets are moving higher - here comes the end of year bubble.


We plan to short GM at 32+.

Hot stocks today: GRPO, KLAC - watch these closely and V for move higher.

Trucharts Team

Trucharts - Stocks to Watch and Hot Stocks 10/31/2014

Trucharts - Stocks to Watch and Hot Stocks 10/31/2014

Stocks to watch - 10/31/2014 - 

SBUX - weak earnings
VECO - weak earnings forecast
ED, PCG, SO and utility stocks
Short gold and gold miners
Long AAPL, MA and V, T - WILL LOOK TO GO LONG MA ON PULLBACK
Biotech crowded trade - take profits. 
Watch USO and oil stocks here closely.

Trucharts Team

Trucharts.com Market Update 10/30/2014

Trucharts.com Market Update 10/30/2014

Well we are definitely getting a wild roller coaster ride today.  Stocks we picked yesterday are booming today from our watch list - stocks like V, MA, BIDU.  BIDU is a breakout and relative to Google valuation - it is still cheap.  V and MA look very tradeable here.  We shorted AEM - gold is definitely heading lower and the gold miners will get crushed even more.  We had covered our short on AU too early.  

Also check out this news article on China bad loan problem:

Also check this link/news about China bad loan problem: http://www.zerohedge.com/news/2014-10-30/bad-debt-chinas-and-worlds-largest-bank-surges-most-ever

Long V, MA, BIDU - short gold and gold miners.

Trucharts Team

Stocks to watch for 10/30/2014

Stocks to watch: 10/29/2014

Stocks to watch: 10/29/2014

Watch these stocks today - BIDU, V, MA, FFIV, STX, CRUS - all reported earnings after hours today - V jumped and looks tradeable (announced a $5B buyback). 

We published the article on the Fed announcement - QE is over - thank God.  Now we get to the interest rate rise.  What a massive bubble the Fed has created and the world banks along with it.  

Gold dropped and USO bounced today - we will be shorting AEM (Agnico Eagles Mines) tomorrow in anticipation that gold is definitely headed lower.

Closed TUBE position today with very high reluctance to sell this position.  We made money so we are happy.

Trucharts.com team

Fed Action and Update Trucharts.com 10/29

Trucharts.com Midday Update 10/29/2014

OK - as expected - our prediction for Fed Action was correct - 

Fed keeps rates at record lows, ends QE as planned from YAHOO news.

Fed Ends QE

Stocks to watch: 10/29/2014

Stocks to watch: 10/29/2014

Watch these stocks today - UTX, FB, BWLD, CWEI, QIHU, CMI, MDCO. Also Fed announcement is today. We think the markets here have to pull back after this huge move up.

Trucharts.com Blog update Market closing 10/28/14

Trucharts.com Blog update Market closing 10/28/14

Closed GM short today - Markets closed towards our target ranges which we posted in our blog this past week and DOW 17000 was taken out today - now we wait for Fed meeting outcome tomorrow.  Expect them to take away QE but keep interest rates low to drive the USD down.

Dow: UP 187
Nasdaq: Up 78
SP500: Up 23

All of these are very sharp moves up this past week till today - now we need to see some pullback and profit taking.  Volume was down and FB earnings even though were good - their forecast for increased spending affected the stock in after hours to the tune of 10%.  We will watch this one closely tomorrow.

Trucharts team

Trucharts Buy/Sell Strategy for FCX

Trucharts BUY/SELL Strategy Signal for FCX

Stock Charts - Trucharts.com - BUY/SELL Strategy - Check out here and see where our trade strategy picked a SELL signal for FCX.. Again you could have saved yourself a lot of grief and $$$.. Our Sell signal was generated around 38 and the stock is at 29+ today.

Here is the chart:

Our Hedge Fund Managers performance to date - Trucharts.com

Trucharts.com Hedge Fund manager update

One of the Hedge fund manager's we know has kindly been sharing with us his performance based on his trading strategies around the S&P futures - but he loves volatility and you can see why from the charts below.  This is cumulative return to date - It is truly awesome and one of the top performances in the markets this year.

TOTAL P/L		$33,797.97
ACCT CAPITAL		$50,000.00
TOTAL P/L %		67.60%
HIT RATIO		96.69%
DURATION (weeks)		33

Here is the breakdown of the return by week. You can clearly see volatility is great - if you know how to play it.

If you need any information on how to invest in this fund (for accredited investors only) - drop us a line at bbhatia@trucharts.com.

Best of luck trading.

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Trucharts CEO