AlphaKing.com - Bull or Bear, We Don't Care!
Last Update Fri Aug-18-17 at 5:28 pm

Back to Archive

  AlphaKing.com  

Daily Trend and Trade Review


February 15, 2017


Trader Talk

The trend momentum power rating remains a strong 70% uptrend.

As Sherlock said, the game is afoot.

Something major is happening, though, surprisingly, the yin and yang of what comes next has become even more muddled.

First blush, today’s modest acceleration of the uptrend is exactly as the bulls would want to see as a prelude to a royal melt-up, which is required to keep the rally going.

However, the VIX also rallied – and HARD - with the gains the most we have seen since election night, when stock markets around the world reacted first violently to President Trump’s surprised victory, before reversing the other way.

Great for our long though hedged positioning, though tough to decipher what the direct mixed messages means for the future.

Had the VIX fallen, then I would be screaming the melt-up had begun.

Had the VIX risen, as it did, and stocks had closed in the red, then I would be screaming that the top was in.

Now? The confusion deepens, enhancing our belief that our long while hedged positioning is the optimal approach.

Current positioning for the Index/VIX/Hedge Portfolio is 94% QLD, 5% TZA, 1% TVIX.

The 401K portfolio is in a stock index mutual fund, with QQQ used for tracking purposes.

Kevin Wilde Kevin Wilde
Chief Trading Strategist
AlphaKing.com

Portfolio Update Archive

Results are tabulated using the opening price the day following a new trading signal, and exclude commissions, dividends, or interest paid on cash balances during sell periods. Stock prices highlighted in blue are temporary - using the end of day quote the day a new buy or sell signal is generated - with the final price adjusted the following trading day when the opening price is available. Past performance is no guarantee of future success

The AlphaKing.com website, and the emails we send, are for information and educational purposes only. Trading stocks is a high risk investment strategy. The information is neither a recommendation to, nor an offer to buy or sell securities or stocks. Traders should do their own due diligence research before acting on any financial information, whatever the source of that information, including the AlphaKing.com website and newsletters. If you act on any of the information furnished by AlphaKing.com, either on our website, email newsletter, or anywhere else, you do so at your own risk. Read the Full Disclaimer.


Copyright © 2006 AlphaKing.com. All Rights Reserved. Privacy Policy