Tuesday, November 30, 2010
URRE Swing Trade Winner
A beautiful chart sent in to us from one of our subscribers. If you are interested in leasing our charts, please visit us at www.rampagetrading.com or email us at info@rampagetrading.com
Afternoon Session ES + 4 Points
Monday, November 29, 2010
Welcome Back + 10 ES Points!
Stocks ended lower Monday on lingering fears that Europe's debt crisis will continue to spread even after Ireland gets bailed out. The Dow Jones industrial average dipped below 11,000 earlier, but recovered much of its losses late in the day. The Euro fell to a two-month low as investors flocked to the safety of the dollar and U.S. Treasuries. Gold prices also rose. Investors are worried that other weak European countries like Portugal and Spain will still need help even after the $90 billion bailout package for Ireland announced on Sunday. Some of those worries faded late in the day as traders shifted their focus to positive economic news. The Federal Reserve Banks of Dallas and Chicago both reported higher manufacturing activity in their areas.
We hope everyone enjoyed their holiday. Another great day as we netted over + 10 ES points. It's good to be back in the saddle.
Monday, November 22, 2010
+ 12 ES Points!
Bank shares weighed on Wall Street on Monday as Europe's smoldering debt crisis and fears of an insider trading probe in the United States sapped buying interest for most of the session. Risk aversion kicked in as stocks followed the euro's fall against the U.S. dollar after turmoil in Ireland's fragile coalition government overshadowed an agreed-on bailout of the country. The Dow Jones industrial average fell 24 points to 11,178. The Standard & Poor's 500 Index dipped 1.89 points to 1,197. But the Nasdaq Composite Index gained 13 points to 2,532.
What an amazing day. Our charts nailed the move in the ES today as we netted over 12 ES points. Not a bad day's work. Our subscribers have been catching amazing moves over the past few months and we are excited as Rampage Trading is growing by leaps and bounds. We have a few surprises for the upcoming year, so stay tuned. Our offices will be closed for the rest of this week and we want to wish everyone a happy turkey day and we hope you enjoy your holiday.
We are extremely happy with the way our company has grown over the course of this year. Many of our clients (both institutional and retail) have had their best trading year to date. We are very humbled by our accomplishments and continue to wish great success to all our subscribers and followers out there. Our software has the advantage of being developed and backed by some of the best players out there, i.e. Institutional Traders, Hedge Fund Managers, Quants and Analysts. We have been spending a lot of time working with our clients and our satisfaction comes not only from their kind words and compliments but also from their amazing yearly performance and phenomenal returns. Thank you all.
As mentioned a few days ago, due to increased demand and time constraints on our end, we have now suspended all new retail license requests for our software. We will advise when more become available. If you are interested, please email us and we will place you on the waiting list. Have a great holiday.
www.rampagetrading.com
Friday, November 19, 2010
Weekend Update
Stocks posted slight gains Friday after China took more steps to curb inflation, which traders fear could slow down the country's growth. China ordered its banks to hold more reserves, the second time it has done so in the past two weeks. The goal is to curb lending and avoid speculative bubbles. Inflation in China shot up to a more than two-year high last month. Investors also expect China to raise key interest rates as part of its effort to control inflation. The Dow Jones industrial average rose 22 to 11,203. The broader Standard & Poor's 500 index rose 3 to 1,199. The technology-focused Nasdaq composite index rose 3 to 2,518. The Nasdaq, which lost less than 0.1 percent, was the only major index to finish the week with a loss. The Dow and S&P 500 eked out weekly gains of less than 0.1 percent. Eight of the 10 industry groups that make up the S&P 500 index rose. Materials companies posted the largest gains with a 0.7 percent rise. Utilities and financial companies fell.
An excellent week for us and our clients. It's easy when you have the keys to the vault. Our software was designed by some of the biggest and best institutional players on Wall Street. We see what they see. Easy as that. We have shown chart after chart showcasing profitable day trades, swing trades and position trades. Our clients could not be more pleased. Our game plan remains the same. See our previous post.
As mentioned a few days ago, due to increased demand and time constraints on our end, we have now suspended all new retail license requests for our software. We will advise when more become available. If you are interested, please email us and we will place you on the waiting list. Have a great weekend.
An excellent week for us and our clients. It's easy when you have the keys to the vault. Our software was designed by some of the biggest and best institutional players on Wall Street. We see what they see. Easy as that. We have shown chart after chart showcasing profitable day trades, swing trades and position trades. Our clients could not be more pleased. Our game plan remains the same. See our previous post.
As mentioned a few days ago, due to increased demand and time constraints on our end, we have now suspended all new retail license requests for our software. We will advise when more become available. If you are interested, please email us and we will place you on the waiting list. Have a great weekend.
Thursday, November 18, 2010
Bounce?
Stocks bounded higher Thursday thanks to a jump in manufacturing activity and growing confidence that Ireland will resolve its debt crisis. Most eyes were glued on General Motors, an American icon which re-emerged from bankruptcy in the largest initial public offering in U.S. history. Its shares, trading under the symbol GM, rose 3.6 percent to $34.19. GM's stock amounted to 9.7 percent of all shares traded on the New York Stock Exchange. Stocks got an early boost from a surprisingly strong reading on manufacturing from the Federal Reserve Bank of Philadelphia. The report said factory orders in the mid-Atlantic region expanded at the fastest rate since December. Bond prices fell, pushing their yields higher. The yield on the 10-year Treasury note rose to 2.90 percent from 2.87 percent late Wednesday. The yield on the note, which is a widely used benchmark for consumer and business loans, traded as low at 2.49 percent on Nov. 4. The dollar fell 0.6 percent against an index of six currencies.
As mentioned in our previous posts, we were anticipating a move higher and boy did we get it. The market worked off its oversold condition today and with the ES closing in on 1200, we will be looking to establish new short positions across the board starting as early as tomorrow morning. A break above ES 1210-1214 will change our near-term outlook back to bullish.
As mentioned in our previous posts, we were anticipating a move higher and boy did we get it. The market worked off its oversold condition today and with the ES closing in on 1200, we will be looking to establish new short positions across the board starting as early as tomorrow morning. A break above ES 1210-1214 will change our near-term outlook back to bullish.
Wednesday, November 17, 2010
Closing Bell
Stocks ended mixed Wednesday as concerns that Ireland will need outside help to repay its debts were coupled with a steep drop in housing construction in the U.S.
Global stock markets have been rattled over the past week out of fear that Ireland will become the next European country to need a bailout. Greece was rescued in May after it became unable to contain runaway spending and lost the confidence of investors. Ireland is now struggling after a collapse in its housing market forced the country to take over three large banks. Retail stocks were among the few industries that posted gains. Target Corp.'s shares rose 3.9 percent after reporting earnings that beat analysts' forecasts. Competitors Costco Wholesale Corp., Macy's Inc. and J.C. Penny Co. each rose by 2 percent or more. Bond prices traded in a tight range. The yield on the 10-year Treasury note, which moves opposite its price, rose to 2.87 percent from 2.85 percent late Tuesday. Its yield is used as a benchmark for interest rates on mortgages and other consumer and corporate loans. The dollar fell 0.2 percent against an index of six currencies.
Global stock markets have been rattled over the past week out of fear that Ireland will become the next European country to need a bailout. Greece was rescued in May after it became unable to contain runaway spending and lost the confidence of investors. Ireland is now struggling after a collapse in its housing market forced the country to take over three large banks. Retail stocks were among the few industries that posted gains. Target Corp.'s shares rose 3.9 percent after reporting earnings that beat analysts' forecasts. Competitors Costco Wholesale Corp., Macy's Inc. and J.C. Penny Co. each rose by 2 percent or more. Bond prices traded in a tight range. The yield on the 10-year Treasury note, which moves opposite its price, rose to 2.87 percent from 2.85 percent late Tuesday. Its yield is used as a benchmark for interest rates on mortgages and other consumer and corporate loans. The dollar fell 0.2 percent against an index of six currencies.
Tuesday, November 16, 2010
Selling Pressure
Where to begin? Probably last Friday, as today felt almost like an exact replay, starting with a mega decline in Shanghai on inflation and tightening fears. That, of course, led to massive selling in all of the industrial commodities, which prior to QE2 had been rallying like crazy. Add in the emerging dollar strength, and you had the brew for a drubbing all around. Oh yeah, Korea hiked rates. The tightening is not confined to China by any means. There were a ton of headlines in Europe today, and yet, not actually any news. Mainly it was a lot of back and forth and conflicting lines regarding Ireland, which insists that it's okay and funded through the middle of next year. However developments could come any moment, especially with the European Financial Ministers meeting in Europe. At one point there was talk about Austria not wanting to pay into the Greek bailout, and Greek CDS skyrocketed. Of course, you can't talk about today without talking about the collapse in commodities, which includes soft commodities, industrial commodities, and the precious metals. Gold and silver got bludgeoned, proving once again that a hedge against market chaos, they are not. The currency market was also fascinating, because despite all the chaos in Europe, the euro didn't lose much...in fact it was up against the Swiss Franc and Japan.
All in all, a solid red day. As we mentioned yesterday, a time for caution was warranted. Our subscribers caught some great moves to the downside using their swing charts. Congratulations to those who did. Take a look at this AAPL chart that one of our subscribers sent in. An 18+ point profit. Excellent! How about the SPY chart? That was only good for 4+ points so far. Honestly, we can go on and on but we let the charts speak for themselves. We mentioned a break below 1180 SPX would change our stance and we got it. We expect a bounce in the next couple of days. We will be establishing new positions across the board accordingly with our chart signals and support/resistance areas of confluence. Good trading to all.
Monday, November 15, 2010
Running Out Of Steam?
Stocks slumped to a mixed finish Monday as the dollar posted its second day of gains over concerns that Europe is on the edge of another bailout. The rising value of the dollar, which hurts U.S. exports, resulted in stocks paring their gains late in the day. Stocks had risen for most of the day following a spike in corporate dealmaking and news that retail sales in October jumped to the highest level in seven months. Yields for Treasury bonds rose for the third straight day, lifting interest rates to their highest level in four months. The 10 year Treasury bond's yield rose to 2.95 percent, the highest since before the Federal Reserve announced that it would spend $600 billion to buy bonds in an attempt to spur the economy.
Our software subscribers have had a great run from our early September (market) buy signals and using our proprietary support and resistance levels, we have rode this move all the way up. Stepping back and reviewing our daily SPX chart, our support levels are still holding and if the SPX can remain above 1180, we feel there is a good shot at new highs this year.
Our software subscribers have had a great run from our early September (market) buy signals and using our proprietary support and resistance levels, we have rode this move all the way up. Stepping back and reviewing our daily SPX chart, our support levels are still holding and if the SPX can remain above 1180, we feel there is a good shot at new highs this year.
Saturday, November 13, 2010
Weekend Update
We continue to be big buyers on every dip. When a bullish market is in a persistent uptrend like we have seen over the past several weeks/months, overbought conditions occur. These are worked off by sharp and short-lived corrections like we are seeing. The SPX had a difficult time holding the breakout level of 1220 last week. So far, the pullback has been orderly, falling to its rising 20 day moving average. As long as price remains above our proprietary stop levels (SPX 1180-1200) levels as indicated in our attached chart, we will continue to be buyers on weakness. We still believe a rally into year-end is around the corner. Only a close below these levels will change our outlook. Keep an eye out for the financial sector as it looks poised for a move higher. Some stocks include MS, BAC, JPM and GS.
Due to increased demand and time constraints on our end, we have now suspended all new license requests for our software. We will let you know when more become available.
We appreciate all the emails requesting to be part of our subscription service. We now stand at 85 interested clients. If you are interested and have not yet contacted us, please do so at info@rampagetrading.com. Our team will be meeting soon to discuss our future plans.
Thursday, November 11, 2010
Closing Bell
Stocks tumbled Thursday after a disappointing outlook from Cisco Systems Inc. rattled a market already on edge as an economic summit of world leaders got under way in South Korea. Global leaders were sharply divided over currency and trade policies heading in to the Group of 20 summit meeting in Korea, and a sense of pessimism was hanging over the start of the meeting of top officials from rich and emerging economies. The Dow Jones industrial average fell 73 to close at 11,283, after trading down as much as 126 earlier in the day. The index fell for three out of the last four sessions. The Standard & Poor's 500 index fell 5 to 1,213. The Nasdaq composite dropped 23 to 2,555. Volume was a bit lighter than in recent days because of the Veterans Day holiday. Bond trading is closed for the holiday. Another good day as we were buying the morning weakness. Keep an eye out for the financial sector as it looks poised for a move higher. Some stocks include MS, BAC, JPM and GS.
Wednesday, November 10, 2010
Big Profits!
Today was a good day. As stated in our post yesterday, we viewed any weakness in this market as a buying opportunity. We were large buyers across the board this morning, buying select names that appeared as good risk/reward candidates on our swing charts and daily charts. The script could not have played out more perfectly as we are now positive on all our buys and moving our stops up to protect our profits as this market moves higher.
Thanks for all the positive emails from our subscribers and congratulations on a great day to you as well. Due to increased demand and time constraints on our end, we have now suspended all new license requests for our software. We will let you know when more become available.
Thanks for all the positive emails from our subscribers and congratulations on a great day to you as well. Due to increased demand and time constraints on our end, we have now suspended all new license requests for our software. We will let you know when more become available.
Tuesday, November 9, 2010
Just A Pullback?
We don't have much time tonight so we'll keep it brief. If you look at the attached SPY chart, you'll notice that this pullback today was merely just a healthy correction in this persistent uptrend. We are watching carefully to see if price will breach our important support level of SPY 120.50 in the next few days. If it does not, we expect a rally into year end that should take us to new highs.
We appreciate all the emails requesting to be part of our subscription service. We now stand at 85 interested clients. If you are interested and have not yet contacted us, please do so at info@rampagetrading.com. Our team will be meeting later this week to discuss our future plans.
Monday, November 8, 2010
Closing Bell
Wall Street retreated from a two-year high on Monday, weighed down by financial stocks and a stronger dollar. The broad S&P 500 has risen five straight weeks, supported by the Federal Reserve's plan to buy $600 billion of Treasuries to lower interest rates and reinvigorate a sluggish economy. Since the euro zone financial crisis, a popular trade has been to sell the S&P 500 when the euro falls against the dollar, but that correlation has frayed of late. The 22-day rolling correlation between the euro and the S&P E-mini futures was 0.52, compared with 0.89 just two weeks ago. Volume was light, with about 7.07 billion shares traded on the New York Stock Exchange, the American Stock Exchange and Nasdaq, below the year-to-date daily average of 8.73 billion.
We appreciate all the emails requesting to be part of our subscription service. We now stand at 83 interested clients. If you are interested and have not yet contacted us, please do so at info@rampagetrading.com. Our team will be meeting later this week to discuss our future plans.
We appreciate all the emails requesting to be part of our subscription service. We now stand at 83 interested clients. If you are interested and have not yet contacted us, please do so at info@rampagetrading.com. Our team will be meeting later this week to discuss our future plans.
Friday, November 5, 2010
Trading Anyone?
What a great week! This market only wants to do one thing and that is to press higher. Notice our swing chart of the ES. A few of our clients, i.e. fund mangers, have been riding this trend long since 1075 ES. Do you think their clients are happy? 150 + ES points and counting? We think so. We really can't beat a dead horse as to how powerful our software is for every type of trader. We have also hit our maximum subscriber limit with our retail base and will not be extending any more subscriptions until we free up more time and additional manpower. However, we have been receiving a lot of feedback from potential clients asking us to provide a real-time alert service for our trades including but not limited to: Intraday E-Mini alerts, swing trade futures and stock alerts, option and ETF plays, e.t.c. If you would be interested in this, please shoot an email to info@rampagetrading notifying us of your interest. We are considering the service as an add-on for our existing client base but also for new and experienced traders. This service would be suitable for day traders, swing traders and position traders. We would provide you with advance notice of approaching trades, stop prices/entry prices and profit target levels. As far as price goes, the jury is still out but we want to make it fair for everyone so we were thinking around $100 per month. A small price to pay considering some of our clients are paying thousands per month. However, they have unlimited access to our software and us as well as many other advantages. Again, if you are interested, please email us at info@rampagetrading.com. If we feel we have enough interest and time, we will provide additional details. Have a great weekend.
Closing Bell
Stocks struggled to end barely higher Friday after a blowout report on job creation failed to extend a powerful rally this week driven by the Federal Reserve's latest plan to pump up the economy. The Dow Jones industrial average waffled between gains and losses for much of the day before ending with a gain of just 9 points. Earlier in the week the Dow reached its highest level since September 2008, just before the peak of the financial crisis, over enthusiasm about the Fed's $600 billion bond-buying program announced Wednesday. Stocks rapidly lost momentum Friday, despite a report from the Labor Department showing that employers added 151,000 jobs last month, the first gain since May and far more than analysts had anticipated. Treasury yields inched higher as investors trimmed their holdings of defensive investments. The yield on the 10-year note rose to 2.53 percent from 2.47 percent late Thursday. The dollar rose against other currencies, and commodity prices mainly rose.
Thursday, November 4, 2010
Bullish Action
Attached you will find a weekly chart of the SPY. It looks like we are at a crucial inflection point. The SPY took out its April highs and now the question is how high can it go? The answer is simple: Nobody knows. But what you can do, is play the charts like we do. Know your entry, keep updating your stops and let the market do its thing. We have done really well this past year. We are not here to brag but we hear so many people complain about how difficult this market is to trade. We could not disagree more. We have shown chart after chart showcasing profitable day trades, swing trades and position trades. Our software has worked excellent and we feel it will continue to outperform the market consistently year after year. Our clients could not be more pleased. So for now, keep moving up your stops as the market moves in your direction and let your winners run. Good trading to all.
Wednesday, November 3, 2010
Closing Bell
The Dow Jones industrial average reached its highest level in two years Wednesday after the Federal Reserve announced plans to buy $600 billion in Treasuries to stimulate the economy. The central bank had hinted for two months that it planned a major bond-buying program in order to encourage borrowing and spending by lowering interest rates. The Fed made more explicit commitments in its announcement than many investors had been expecting, which helped push stock indexes and most Treasury prices higher. The S&P 500 index, the measure most closely watched by professional investors, is still about 20 points, or 1.6 percent, below its high of the year. The technology-focused Nasdaq closed at its highest level for the year for the second straight day. The yield on the benchmark 10-year Treasury note, which moves opposite its price, remained at 2.59 percent. The yield on the 30-year bond, which won't be targeted by the Fed's bond-buying program nearly as much as investors had hoped, rose to 4.06 percent from 3.93 percent late Tuesday. Overall, it was a great day as we were buying support levels as evidenced by our charts.
Tuesday, November 2, 2010
Closing Bell
Major stock indexes rose Tuesday as investors awaited the results of Congressional elections, putting the Dow Jones industrial average near its highest point of the year. The Dow Jones industrial average rose more than 60 points. The Dow has now traded above its 2010 closing high of 11,205 four times over the past two weeks but failed to close above that level each time. The broader Standard & Poor's 500 index rose 9, to 1,193. The S&P 500, which is more closely watched than the Dow by professional investors, is also still below its 2010 high of 1,217, reached on April 23. The Nasdaq composite index rose 28, to 2,533. Bond prices rose slightly as investors anticipate the Fed ramping up purchases of government debt in the coming days. That drove the yield on the benchmark 10-year Treasury note down to 2.59 percent from 2.63 percent late Monday.
Monday, November 1, 2010
Not Yet!
Investors were reluctant to make big bets ahead of two events that could dictate the market's direction for the rest of the year and beyond, leaving stocks little changed at the close on Monday. The Dow Jones industrial average gained 5 points, to 11,124. The Standard & Poor's 500 Index added 1.02 points, to 1,184. The Nasdaq Composite Index dropped 2.57 points, to 2,504. Volatility crept back into the market today as we were finally stopped out on a few of our long positions. When we say stopped out, we mean that in the best profitable way. During this bullish uptrend, we have been moving up our stops to lock in profits. This is how professional traders make a positive impact to their bottom line. Remember, let your winners run and keep your losses small. Sounds easy? With the right tools, it is. Our software allows our traders to take advantage of the big moves while minimizing losses. We still have a few long positions with tight stops. Looking at our SPY chart, the bulls are still in control but the bears will be looking for a close below 117.75. Did you notice how the low on the SPY today corresponded with our stop? Coincidence? Not really. Our software was designed by some of the biggest and best institutional players on Wall Street. We see what they see. Easy as that. Good trading to all.
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