AlphaKing.com - Bull or Bear, We Don't Care!
Last Update Mon Oct-23-17 at 5:13 pm

Back to Archive

  AlphaKing.com  

Daily Trend and Trade Review


April 27, 2017


Trader Talk

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

The set-up remains the same, where the NASDAQ green trend trading timing line at the bottom of the chart is racing toward a cross of the white high risk exit line, which is our cue to take profits on our QQQ and QLD positions.

Any close above NASDAQ 6200 and we will exit some QQQ and QLD going into the close that day, with 6200 representing the level where the trend trading indicator will make the high risk exit cross.

The red dotted line remains the most likely path going forward which suggests we may have to suffer a modest pullback prior to concluding the 6200 run though, with end and beginning of new month next week, we may enter an acceleration phase that delivers 6200 on this leg of the rally.

We will post a Flash Alert Update 3pm eastern time any day a NASDAQ close above 6200 appears underway with exit instructions for the QQQ and QLD positions.

For now, holding longs while hedged with a small amount of TZA and TVIX remains the optimal allocation.

Current positioning for the Index/VIX/Hedge Portfolio is 94% QLD, 5% TZA, 1% TVIX. This portfolio is up over 26% in 2017.

The 401K portfolio is in a stock index mutual fund, with QQQ used for tracking purposes. This portfolio is up over 14% in 2017.

Next update after the markets close Friday.

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