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hitman trades and how I see the market

Discussion in 'Trade Journals' started by hitman, Jun 26, 2016.

  1. hitman

    hitman Active Member

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    I'm not a currency player but once in a while I do look for a spot and move towards it as of a few days ago IMO the GBP is good short due to the political climate. Do your own DD.
     
  2. hitman

    hitman Active Member

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    $VIX starting to head up…IPI, ASM, SCHW long and CSCO short for this week
     
  3. hitman

    hitman Active Member

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    In CMCSA july 21/ $41calls as of yesterday. As of monday in HALO and RDUS both have a date with the FDA.
     
  4. hitman

    hitman Active Member

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    Look at the $VIX showing us signs of whats coming, IMO the next 2 weeks we could see a run up in the $VIX. There is a photo of KIM looking at his launches and next to him on his desk have monitors with charts on it of what appears to be stocks charts. Is he hoping to creating panic in the market or hoping to manipulate it either way I'm long $VIX.
     
  5. bigbear83

    bigbear83 Active Member

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    hey @hitman looks like we're not too far off from that dow 23000 here as you had called from way back in the beginning of the year! i think it could happen with a nice year end rally. :)

    hope everything has been going well. missed reading your input in here.
     
  6. hitman

    hitman Active Member

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    @bigbear83 I haven't been around for awhile been busy with one of my kid who was concentrating in her last year of high school and was preparing for University this year she is now in University of Ottawa the nations capital.
    . We had many debates about which direction she wanted to go long story short I respect her choice but not happy with her choice since the direction she is going leads to 2 profession I dislike but her thing is she will use either one she chooses to do good. The younger(16yrs old) have a good eye of the market so haven't had time to really visit here that much.

    You are correct I did say we go to 23K and a few members said I was nuts(no discussion about why I said it) and here we are as of yesterday 22871 so we knocking at the door.

    What I'm seeing and reading is if Trump Tax Reform succeeds the market will go higher 26k not this year but 2018 and yes 23k this year is on target.
     
    bigbear0083 likes this.
  7. hitman

    hitman Active Member

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    Knocking at 23K once DOW gets past 23k then 23200 becomes a problem to get past when it get pass then somewhere between 23.2 and 24K it will make a small correction which will suck in the bears.

    There is talk about Britain joining NAFTA after the exit which is being delayed by Brussels, if May just tell Brussels we are leaving these are our terms take it or leave it regardless… this will add fuel to the continued march uphill.

    Veteran members will understand this geopolitical game if you don't understand it I'm willing to DISCUSS it otherwise I don't have time to prove who have the biggest d**k to swing.
     
  8. bigbear0083

    bigbear0083 Content Manager
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    dow 23k is in the books! that was such an awesome call @hitman! big time kudos from me. this deserves some serious recognition from stockaholics imho. very nice. :cool:
     
    T0rm3nted likes this.
  9. hitman

    hitman Active Member

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    Thanks bigbear0083. The House passed $4.1 trill Tax Reform so now to the Senate for voting next week.
     
  10. hitman

    hitman Active Member

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  11. hitman

    hitman Active Member

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    Tomorrow will be interesting ECB meeting which I will be following before I make my next move according to what I read into it. Will update after the meeting.
     
  12. B Russ

    B Russ Active Member

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    i like your thread, hitman. i would be interested to know more about your post #107, but I'm probably not discussion worthy on that. That is WAY over my head, but i am very impressed by your other predictions leading up to that.
     
  13. hitman

    hitman Active Member

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    Go ahead and ask I'm willing to discuss things. In regards to your question about #107(Geopolitical events) as a trader you have to look at whats happening around the world it tells you where you can make a low risk to high reward trade e.g. Brexit I called it and toke a position in gold which paid off really well if you looking for the Brexit thread I think I detailed why it would happen. For this year between June - August if a trader paid attention to Korea testing their programme one would have made good money. I did by trading TVIX and UVXY if I want I don't have to make another trade for a year just hang out at my local coffee shop, mind you I hang out from 9:30 till about 11:30 if I'm not trading that day or week.
    As I said I'm willing to discus anything at the end of day you have to do your own DD and make and live with the decision you make/made with the outcome of your trade.
     
  14. hitman

    hitman Active Member

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    24K print on the DOW. I was expecting a pull back between 23.3 - 23.6 it never came I am now long by way of DIA. For the lovers of GOLD the day is coming when it with shine again….its not far off.
     
  15. hitman

    hitman Active Member

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    Tax reform narrowly passed by the Senate yesterday which will create an economic boom for the US, if you are a bear time to reconsider repositioning your portfolio, even Soros who was calling for a crash threw in the towel just maybe you might want to do the same. Looking forward to see how futures will start tonight. I'm long DIA and will be allocating 90% cash into mostly bluechips, 10% will be allocated to shorting some Euro banks that is on the brink of collapse, one Canadian bank I'm short is RBC.
     
    BermudianOption likes this.
  16. hitman

    hitman Active Member

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    The last three days I have looked high, low and sideways to find some stocks and ETF's in the same space with crypto currency and I found a few companies that changed their name and business practice to cater to the crypto madness. Knowing what I know from being a dinosaur in the market some of these eventually will be dogs but for now I'm willing to throw some hambones at them for either mad money or a tax right off.
     
  17. OldFart

    OldFart Well-Known Member

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    so many cryptos out there now:

    https://coinmarketcap.com/all/views/all/

    sooner or later a lot of them will probably fail
     
  18. hitman

    hitman Active Member

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    @OldFart I agree most will fail. Thanks for the list…I will stick to the ones on NASD and NYSE.
     
    OldFart likes this.
  19. hitman

    hitman Active Member

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    Look for more upward movement tomorrow with the FED meeting, prices are baked in already after this week take a break till January.
     
    bigbear0083 likes this.
  20. bigbear0083

    bigbear0083 Content Manager
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    @hitman

    just wanted to quickly chime in here to wish you and yours a very happy new year! hope you had a really nice holiday season.

    looking forward to hearing your thoughts on the markets for 2018. :)
     

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