Dax trend 12.6.2012

Looks like Dax has probabilities for opening above 6200 tomorrow. Some of the indicators are already showing some strength, thus suggesting short term / intermediate term trend change.

Dax has been trading more and more riskier stocks. The indicator is currently just above 50 and usually this level has indicated higher levels for the index as well.

50 day cycle is obviously turning to uptrend in despite of bad news.

 Stock correlation is heading to lower levels and giving better opportunities for stock picking strategy.

Trades 6.6.2012

Goes as planned. Added some new long positions: BAS, DB1, LIN, CBK, DBK, HEID, AQU, QIA, SMH, SWV. Short FRE and FME.

The performance of our trades couldn't be better at this point...

Trade ideas 5.6.2012

Looks like the turning point is in hands at the moment. Trading signals already suggest to abandon all short positions and to take long positions for DAX, CBK, HEID, DBK, FRE, SAP, ALV, ADS. Looks like the direction will be up and we will soon accelerate full speed ahead.

Dax, risk and cycliness 5.6.2012

The chart below illustrates a cyclical character of beta. Currently the cycle is down, but it is obvious that we will bottom soon and thus expecting strong rebound for Dax.

Trades 4.6.2012

Continuing with short positions on FME and FRE + short DAX. Today's performance has been awesome.

Banking sector has been performing unusually strong, so watch carefully if there will a strong rebound soon.

Dax stocks and 50 day SMA

None of the Dax stocks are currently above their 50 day moving averages. This is a good sign, meaning that we could reach some kind of a market bottom soon.

Current positions: SHORT: DAX, FME, FRE; LONG: TKA.

Dax 1.6.2012

Classic!