Saturday, January 28, 2017

NASDAQ Potentially to Outperform 1st quarter of 2017

Nasdaq futures have trailed both the SP500 & DOW since last quarter of 2016. Even the Russell 2000 have gotten the better move ahead of it. But finally it caught up with Tech stocks delivering the goods as we are near the closing of the first trading month of January 2017.

NASDAQ Futures As of Jan 27, 2017

Based on our recent analysis mid-way through the DOW's breaking 20k, the last major component in the mix that we had been waiting for and believe have triggered the momentum came from the alignment of the three (3)  e-mini futures when the Nasdaq 100 futures broke the 5k a week earlier that drove us to vividly expect a major move in the making. The conclusive evidence that indeed proved to be true came about after a week when the rally above the 20k materialized.

CORRELATION is a strong component for a successful trading strategy.

Declassified: NASDAQ Potentially to Outperform 1st quarter of 2017

CNBC Video Update as of March 30, 2017 supporting our market call on NASDAQ dated January 25, 2017 25, 2017 

UPDATE: As of April 01, 2017 -  Here's the final tally for the 1st quarter ending March 31, 2017 - S&P 1st quarter gains at 5%, Nasdaq gained 10% increase and the Dow poised less than a 5% gain. Hence, the NASDAQ indeed outperformed the rest of the indexes as a validation for our Market call dated Jan 25th, 2017.

Apple (#AAPL) +24%, Facebook (#FB) +23%, Priceline (#PCLN) +21%, Amazon (#AMZN) +18%,



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6 comments:

  1. UnknownFebruary 1, 2017 at 7:25 AM

    #AAPL OR BETTER KNOWN AS STEVE JOB'S #APPLE RALLIES ABOVE 127.00 IN US SESSION FEB 01, 2017. ...LINK: https://s.tradingview.com/x/5DigDGud/

    ReplyDelete
  2. UnknownFebruary 3, 2017 at 8:23 AM

    NASDAQ Marks Record High 5664.08 in US session. JOBS figure beats expectations.

    ReplyDelete
  3. UnknownFebruary 7, 2017 at 7:14 AM

    Both the DOW & NASDAQ are setting newer highs as of this writing trading @20135, and @5683 for the NASDAQ. Meanwhile, SP500 is reattempting to break through 2300 & when these indices do then a buildup of market momentum can be expected to emerge

    ReplyDelete
  4. UnknownFebruary 9, 2017 at 10:09 AM

    #NASDAQ SETS NEW RECORD HIGHS 5710 #SP500 HIGH AT 2306 and keeps going just like the 'energizer Bunny'

    ReplyDelete
  5. UnknownMarch 1, 2017 at 9:01 AM

    All three (3) major indices takes the lead!

    ReplyDelete
  6. UnknownAugust 24, 2018 at 6:26 AM

    Revisiting this market call last January 25-28, 2017, have been an exceptional run until today August 24, 2018 exactly 1 year and 7 months. NASDAQ tech stocks are the dominant drivers from where they came from and where they are priced at as of today.

    Although, we expected the results well, but the extended time frame has always fascinated us while the market's endurance and power to sustain its directional trend have also been well supported by corporate earnings, employment figures and US economic growth.

    Meanwhile, others have been contemplating as to what would derail this market has been more speculative rather than market acceptance. Where we have found some prominent hedge funds, professional money managers doubling down and calling a decline. And now the major indices are again retesting their record highs.

    It's always a good trading discipline to keep track of a trading journal of market calls & events that would still be used effectively as a reference. As to how such strategic trade plays have been applied to achieve and derive such conclusive analysis with exceptional results.

    ReplyDelete

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