Since my post on 10th June 2015 stating that I have turned neutral from bearish, the markets has since rally up. I have turned bullish going forward. Good thing is that since 10th June, I have done a few long trades and still holding onto them. Most of them are now in profit and I am looking to ride the trend with more profits. In less than 2 weeks since my post on 10th June 2015, counters like Amgen Inc (AMGN), Celgene Corp (CELG), Comcast Corp Class A (CMCSA), Host Hotels & Resorts Inc (HST), Kroger Company (KR), Linear Technology Corp (LLTC), the stock price have move up more than 5%. Those that have move up but less than 5% were Kohlberg Kravis Roberts & Co. (KKR), Pepsico Inc (PEP), Symantec Corp (SYMC), Sysco Corp (SYY), Weyerhaeuser Co (WY). As for shorts posted on 10th June 2015 till up to now, Huntsman (HUN) has went up a bit and US Steel Corp (X) has gone down more than 5%. Please scroll down in my blog to read my 10th June post for more details.
The following are the list of potential counters I am monitoring to go up and they are Bed Bath & Beyond Inc (BBBY), Hewlett-Packard Company (HPQ), H&R Block Inc (HRB), NextEra Energy Inc (NEE), Pepsico Inc (PEP), Raytheon Co (RTN), Seagate Tech Hldgs (STX), Symantec Corp (SYMC), United Technologies Corp (UTX), Western Digital Corp (WDC). On the futures front, I see the S&P index is going for another new all-time high, going above the previous high of 2134.
As for shorts going forward, I will be monitoring Caterpillar Inc (CAT), Cameron International Corp (CAM), HollyFrontier Corporation (HFC). On the forex front, I will be looking for opportunity to go short on the EUR/USD.
Some of the above have been traded while some have not fully passed my criterias for entry yet so they are still in monitoring stage. Take note that the above are all short term trades and not all will be traded by me. For those interested to know how I trade the financial markets for more than 50% annual returns since 2012, please register for my Singapore free seminar by clicking on the link @ http://www.onlinegurutrader.com/free-seminar/