777 unique view(s)
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Charts and analysis also available for: Stocks, Cryptocurrencies
zonayev (Guest) says on The Tech Trader Wall...
I recommend to be neutral or short Oil and energy stocks. Next Friday is NFP, which is expected to be strong, and if it is strong they could hike. USD would likely rally next week (normally the case after hawkish Fed) and Oil inventories in US are now turning up. Chinese demand is likely going to weaken since they are consuming less and exporting more. Geopolitical risk (Yemen threat for Saudi oil) keeps oil up which means it is overvalued relative to fundamentals.
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796 unique view(s)
August 25th, 2016
zonayev (Guest) says on The Tech Trader Wall...
Typical risk off reaction before Yellen develops as expected. I expect it gets more ugly.
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733 unique view(s)
August 22nd, 2016
pftq (Official) says on The Tech Trader Wall...
Tech Trader's portfolio would appear bullish/pro-risk, but we are gaining each day even when the market is down. Biggest sector exposure remains Technology at 25%. However, biggest P&L is coming from Energy and biggest single name winner this month $CPE (Energy), followed by $YELP (Consumer). Oddly enough, $VRX is quickly becoming a big winner as well despite our horrible entry; both today and most of last week it was the biggest contributor in P&L on a daily basis.
zonayev (Guest) says on The Tech Trader Wall...
Risk off is playing out so far. EWZ is leading the pack lower. IWM is holding for its life but I see pockets of risk giving up.
TLT is nicely rebounding.
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TLT is nicely rebounding.
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zonayev (Guest) says on The Tech Trader Wall...
Equities are still pro-risk. Cyclical rotation continues despite weakness in Oil. I think most people are short indices while not many are short individual equities. This should end badly.
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TimothyB (Guest) says on The Tech Trader Wall...
Thanks Stefan. Never pulled yhe trigger.
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740 unique view(s)
August 19th, 2016
TimothyB (Guest) says on The Tech Trader Wall...
Nice TT. What did TT do with Hain?did it hold or dump? Thanks for the updates. I always pay attention to your posts!
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TimothyB (Guest) says on The Tech Trader Wall...
Thanks Stefan, yeah might be a good time for a trade.
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From my Android phone on T-Mobile. The first nationwide 4G network.
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zonayev (Guest) says on The Tech Trader Wall...
Good job TT! It is a tough month for hedge funds.
I remain bearish for next week. My favorite shorts are IWM and EWZ. Expect a delayed risk off reaction next week. My favorite style is Price Momentum now. Its volatility fell 50% over past few weeks. We just need oil down and it works out. European banks are pulling back, Energy stocks sold off today, and bond yields are rising.
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I remain bearish for next week. My favorite shorts are IWM and EWZ. Expect a delayed risk off reaction next week. My favorite style is Price Momentum now. Its volatility fell 50% over past few weeks. We just need oil down and it works out. European banks are pulling back, Energy stocks sold off today, and bond yields are rising.
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726 unique view(s)
August 17th, 2016
pftq (Official) says on The Tech Trader Wall...
Many ETFs already up sharply since TT's call. $XLU now up almost 1% after starting down this morning.
zonayev (Guest) says on The Tech Trader Wall...
I have positioned defensively on Monday. xLU would work for next 5-10 days. I am negative on IWM.
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736 unique view(s)
August 16th, 2016
792 unique view(s)
August 12th, 2016
pftq (Official) says on The Tech Trader Wall...
pftq (Official) says on The Tech Trader Wall...
791 unique view(s)
August 11th, 2016
pftq (Official) says on The Tech Trader Wall...
802 unique view(s)
August 9th, 2016
pftq (Official) says on The Tech Trader Wall...
$YELP up an additional 5% after hours coincidentally.
746 unique view(s)
August 4th, 2016
zonayev (Guest) says on The Tech Trader Wall...
Do you see any big put spread trades in XLP over past few weeks? Thanks!
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pftq (Official) says on The Tech Trader Wall...
None that we can see are notable.
zonayev (Guest) says on The Tech Trader Wall...
Thanks!
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pftq (Official) says on The Tech Trader Wall...
$SYMC up about 5% after hours on beat. Initial reports were that it missed; hence why we trade price and not news.
741 unique view(s)
July 29th, 2016
pftq (Official) says on The Tech Trader Wall...
Tech Trader is back to betting on Tech, Consumer, and Energy after locking in 6% for July. It really is looking like the winters and summers are reversed this year.
zonayev (Guest) says on The Tech Trader Wall...
I am the opposite. Short Tech, health care and consumer. Betting on Financials, industrials, and Utilities. Good luck!
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zonayev (Guest) says on The Tech Trader Wall...
Guys,
Some interesting fact for you. The best performing market neutral factor this year is 20-day RSI. The factor buys bottom 200 stocks in Russell 1000 ( oversold) and shorts top 200 most overbought stocks as determined by their 20-day RSI, rebalanced each month end. Over past 7 months the factor is up almost 17%. This is incredible performance. Basically traders market where fundamentals don't matter. Quants are trading baskets back and fourth. Until uncertainty is gone, it might be the best strategy for the rat of the year.
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Some interesting fact for you. The best performing market neutral factor this year is 20-day RSI. The factor buys bottom 200 stocks in Russell 1000 ( oversold) and shorts top 200 most overbought stocks as determined by their 20-day RSI, rebalanced each month end. Over past 7 months the factor is up almost 17%. This is incredible performance. Basically traders market where fundamentals don't matter. Quants are trading baskets back and fourth. Until uncertainty is gone, it might be the best strategy for the rat of the year.
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717 unique view(s)
July 22nd, 2016
pftq (Official) says on The Tech Trader Wall...
Big day for Tech Trader with short $SKX alone making over a percent for the portfolio. The rest of the portfolio even without $SKX is still outperforming $SPY at over half a percent. For July alone, Tech Trader is currently up 5%. Exposures are holding at about 90% long by 20% short with 10% cash. Sectors are a pretty neutral 10% even across the board with the top 3 being tech, healthcare, and energy, but as we saw with today, the positions are so idiosyncratic that performance can come from anywhere.
twgarry (Guest) says on The Tech Trader Wall...
great job!
722 unique view(s)
July 20th, 2016
zonayev (Guest) says on The Tech Trader Wall...
Are you guys still long TLT? Tomorrow is ECB, likely would be bearish for bonds. Draghi normally is able to lift sentiment, hence German yields, at least for one day. Then FOMC next week. You could get some relief and opportunity to exit before Fed. Post Fed I can see TLT taking another leg down ahead of BOJ. After BOJ, I have no view. Helicopter money could be the game changer. Let's see.
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751 unique view(s)
July 14th, 2016
zonayev (Guest) says on The Tech Trader Wall...
I hope you exited TLT yesterday. Are you buying again today?
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zonayev (Guest) says on The Tech Trader Wall...
I think TLT goes lower. ECB is next week and BOJ is end of the month.
Central banks are back in a driving seat.
Gold is less certain cause selling pressure on Treasuries is weakening USD
that marginally help Gold. Gold is down over 1% now but Gold miners are
up. This can't continue unless yields fall back down.
Central banks are back in a driving seat.
Gold is less certain cause selling pressure on Treasuries is weakening USD
that marginally help Gold. Gold is down over 1% now but Gold miners are
up. This can't continue unless yields fall back down.
806 unique view(s)
July 13th, 2016
pftq (Official) says on The Tech Trader Wall...
$TLT up a percent today after yesterday's buy. Nice hedge while the market takes a breather.
zonayev (Guest) says on The Tech Trader Wall...
Nice bounce today! Good job! Equities are not fully risk off (dollar is weak) but TLT is working. Weak Oil is def helping your trade. Let me know when you exit:)
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pftq (Official) says on The Tech Trader Wall...
Final short being added for the day in $TXMD.
781 unique view(s)
July 12th, 2016
pftq (Official) says on The Tech Trader Wall...
Tech Trader buying $TLT on pullback. Reminds me of when it was long both stock and dollar index and somehow both worked out.