CGTS Algo Trading System
CGTS FRIDAY: EU VACCINES TO BE DELAYED; STOCKS FALL
Jan. 16, 2021 3:50 AM ETAG, APVO...
Early selling, mid-day rally, late-day selling.
Our portfolios got bruised. Except for M2F ALT PLAIN (times 3), STOCK TRADING, which actually gained today, from 37.8% to 43.4%.
Let's look at M2F ALT PLAIN STOCKS Report today. The LONGS don't tell much of a story; the SHORTS do, about where we are today, after today's selling.
SOLO, we are long SOLO.
Look at those new SHORTSELL signals. VIX, YANG, FXP, DRIP. In other words, BULLISH ENERGY, BULLISH US STOCKS, BULLISH CHINA STOCKS.
This is suddenly our FAVORITE CHART at the moment. GM. MOMO is breaking up, which is bullish; COUNT1 clicked from C1=2, TRADING SELL, to C1=1, BUY. C3=1, BUY.
CAPSTONE TURBINE, CPST: FISHNET GAIN, 147.53%
FISHNET System usually reminds us when a sell-off is not what it seems. It does this by throwing up a new wave of BUYING. It did so again today. It seems to be saying, as well, NOTHING TO WORRY ABOUT.
We have some FISHNET Shortsells also.
Our new trading system, OLDBOY Simple Count, is giving some new BUY SIGNALS today. It is up 4.1% since 12/1/20.
No new 3x trades today.
Why we LOVE our WEEKLY/MONTHLY Systems. TT WEEKLY SELL ENG, gain of 783%.
Ok; heavy selling on Friday. Is that true. As we have explained, C1=1 is buying in a Bullish Market and C1=4 is buying in a Bearish Market, a BEAR RALLY. Our BUY/SELL RATIO is an attempt to gauge if the BUYERS or the SELLERS are winning at a given moment.
At the moment, the BUY/SELL RATIO is .75, which means C1=1 and C1=4 are much stronger than C1=2 + C1=3. The BUY/SELL CROSSOVER is positive almost a thousand issues.
The FEB 20 CRASH actually began on 2/14/20 with the UDOW at 135.58.
Our BS CROSSOVER (magenta column) went negative on 2/26/20 with the UDOW at 103.64 (blue column). It went positive again on 3/26/20 with the UDOW at 45.54. So, it was not perfect -- but a SHORTSIDE GAIN OF 58.10 points is pretty good.
This is just one of several CROSSOVER indicators we use. This tells us when SELLERS are taking over the markets. So far, today, SELLERS are NOT taking over the markets. We know they will some day however. That is how the markets work.
CROSSOVER TRADE: LONG
I was going to make a rude joke when I saw this picture. But I don't want to do what the Trump-Haters did for five years. So I will just let this one go by.
Disclosure: I am/we are long many stocks: BLNK, TSLA, SOLO, AGQ....
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
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