CGTS Algo Trading System
CGTS WEDNESDAY: MARKETS RECOVER; BUT STRUGGLE CONTINUES BETWEEN SELLERS AND BUYERS. WHO IS WINNING?
Feb. 24, 2021 10:10 PM ETCDLX, DASH...
Does that mean clear sailing from here?
3x TRADING: We have some new trades, both LONG. WANT and LABU.
OLDBOY 100 SYSTEM
NO NEW TRADES HERE TODAY.
We have noticed a lot of TRADING SELL SIGNALS in our FISHNET Report. But our portfolio has been remarkably stable, considering the turbulence of the market.
M2F ALT PLAIN x3 System.
SHORT: TYO, SHORT TBONDS ETF, SHORT THE SHORT, or LONG TBONDS; and if you dare, DASH, DOORDASH
Is thee inflation? Does not seem to be -- except the commodity sector, which is a play on negative US DOLLAR.
What does Jeffrey Snider think of the REFLATION-INFLATION-DEFLATION conundrum?
Global economy overheating? Where? Are higher oil prices and higher commodity prices during a global recession inflationary or deflationary?
And let's not forge dangerous new strains of COVID.
Mr. Snider has an opinion on the DOLLAR.
Betting against Bonds and Stocks is betting against the FED. DON'T FIGHT THE FED. The FED might be WRONG, but they are VERY powerful.
Are we getting BOGGED-DOWN in all this rising yield incandescence?
COUNT3 TRADE SYSTEM.
Remind us NOT to play with manipulate stocks like GME and AMC. Oh, well. We closed some positions today in COUNT3 TRADE SYSTEM. Most with nice gains.
Two of these issues we still own, BLNK and IDEX. BLNK and IDEX have both shed their C1-BULL protection but both have also rebounded from SUPPORT with some gusto. Both are C3=2, TRADING SELL. Will I sell them? Maybe I will.
What about BITCOIN? Are the forces of reaction going to knock it down?
C3 System likes HUTMF and BITW today, BITCOIN issues.
THE INSTRUMENT ROOM
Did the slow erosion of BULL POWER, exemplified by C1=1, continue today. Yes.
C1=1, BUY, down 46 issues today. C1=3, SHORTSELL, gained 30 of these. Is this a crisis? No. It is not, not yet. It is a breathing trend at the moment, an in-breathing moment, illustrated by numbers. People are selling.
We had 90 issues at C1=3 on 1/22/2021; we have 131 today. That is not a crisis. It is shifting sand.
The first CROSSOVER measures C1=1, BUY vs C1=2, SELL, currently +387, with 387 more C1=1 than C1=2. The second CROSSOVER measures C1=1, BUY vs. C1=3, SHORTSELL, currently + 920, with 920 more C1=1 than C1=3.
CROSSOVER TRADE, LONG. A nice day today in fact.
Are the BULLS on the ropes? NO. But the BULLS are in a fight to regain the ENERGY to push stocks higher. (Of course, the BULLS and the BEARS are the same people, transformed by time into either a BUYER or a SELLER. They are NOT, for the most part, stationary forces. There are perma-Bulls and perma-Bears; we are not one of those.)
What's the gripe against George Washington, except that he was WHITE. This is RACISM, REVERSE RACISM. REVERSE RACISM IS RACISM. Don't they understand this? Do we all now have to be BLACK before we can be considered a decent human being? Are there any people-not-of-color who are decent, or are we all worthy of execution because we experienced some form of preferred life style in the past? Preferred? Clearly the liftstyles of white culture in America, England, Europe, Australia, Canada, New Zealand would not have so much immigration pressure if it was not a universally preferred life style.
There is the LIE that the Trump Rioters were murders. 4 Demonstrators were killed in the riots; NO OTHER DEATHS. The TRUMP RIOTERS killed no one. Let's spin this to make it sell our story of TRUMP MURDERERS, can we?
Do you really think FAR RIGHT EUROPEANS are not coming to evict Muslims from their country? The Left's UTOPIAN VISION and insistence of this vision no matter what DOES have consequences. Of course, intellectuals will blame the RIGHT; but who made such "cleansing" inevitable, if not the LIBERALS with their idealistic and willful disregard of human nature.
Trouble in America. Is this what PEACEFUL DEMONSTRATIONS LOOK LIKE?
There will be a reckoning here also.
CAN WORKHORSE RECOVER?
Disclosure: I am/we are long BLNK, IDEX, WKHS, TSLA.
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.