March 2016 – JenkinsRM

Archive for March 2016

Cycle Update on the S&P

Today marks another 8 day count of the 8.6 wave frequency of the daily cycle. Will today mark another cycle top? We certainly are very long in the tooth on this rally as this is now the 4th cycle of 8 on this most recent rally. This is similar timing structure of the 4th wave…

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Cycle Update on the S&P

Today marks another 8 day count of the 8.6 wave frequency of the daily cycle. Will today mark another cycle top? We certainly are very long in the tooth on this rally as this is now the 4th cycle of 8 on this most recent rally. This is similar timing structure of the 4th wave…

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The Bounce in Facebook

If you bought Facebook well in February or even this month, these are the levels and the right TIME to becoming out of most of this position and booking some gains. If we look on the attached chart, FB’s big move down at the beginning of February produced solid red for a week with a…

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Short Covering Rally in Oil

According to Bloomberg, “The liquidation of short positions during the last seven weeks covered by data from the U.S. Commodity Futures Trading Commission was the largest on record.” The most recent rally in oil off the lows in February has produced over a 50% move in the commodity price but the rally may have run…

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Natural Gas Bounce

We took off 80% of our position in the model after buying the setup on March 7th. From here we could see a further bounce into $2 or $2.10 area however after a nice 7 day bounce we are closer to a reversal then the reward of further upside….We will buy the next 2-5 day…

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S&P Cycle Update

The S&P finished the 8-9 unit cycle on March 7th and from here the next potential turn looks like into Thursday – this is a thought about the TIMING of the the next potential move. As far as PRICE, the S&P (e-minis) is struggling to gain any traction above the 200 day around 2012, and…

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S&P Cycle Update

The S&P finished the 8-9 unit cycle on March 7th and from here the next potential turn looks like into Thursday – this is a thought about the TIMING of the the next potential move. As far as PRICE, the S&P (e-minis) is struggling to gain any traction above the 200 day around 2012, and…

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S&P 500 Update

Today was the 8th day in the 8.6 day cycle count. We said last week after the S&P held 1890 and reversed to close higher on the day with a intraday bottoming tail that the path of least resistance was now for a 8 day move into the 200 day moving average (currently 2015 in…

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S&P 500 Update

Today was the 8th day in the 8.6 day cycle count. We said last week after the S&P held 1890 and reversed to close higher on the day with a intraday bottoming tail that the path of least resistance was now for a 8 day move into the 200 day moving average (currently 2015 in…

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Vol is Back at the Bottom of the Risk Range

Vol as measured by the VIX on the S&P 500 is back at cheap levels and oversold at the bottom of the LONG-TERM Risk Range below 18. Anytime the VIX gets back to such levels it is a signal to lighten up on long positions and take profits and/or hedge your downside with put options.…

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