Smart Chart Investor

Beyond Buy and Hold: Using Technical Analysis to Reduce the Risk of Long-term Investing

[Trade alert] Good looking setup

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SPDRs Select Sector Consumer Staples ETF (XLP) weekly ​​​​​​​ Looking at the weekly chart note the green arrows; all good buy opportunities as price trades down into support, the lower upwards sloping trend line, and then continues higher. This really looks like it has more legs. SPDRs Select Sector Consumer Staples ETF (XLP) daily Looking a bit closer at the daily chart we will set risk with closes below trend line support; approximately 3%-4% risk. Good risk/reward on this one. … [Read more...]

This is Hilarious

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I don't always agree with Josh but he nailed it here... Josh talks about how wealth managers shouldn't be allocating single stocks to their clients. It's enlightening, but mostly it's just hilarious. The Single Stock … [Read more...]

[Trade alert] Time to Push the Chips in

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Intel Corp (INTC) monthly If you look at the monthly chart you can see price has remained under $35 since the Dot Com crises 16 years ago. Price has finally broken out. This is very positive price action that should get noticed over the next few months and probably get bid higher. Intel Corp (INTC) weekly Looking at the weekly chart, you can see the support zone that is between the yellow and red horizontal lines. Real risk is under $35 so about 15%. You can always exit with closes … [Read more...]

Why I Do What I Do

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There are many reasons I started Smart Chart Investor. There are many reasons that I continue. The most important reason I started was to show equity investors that it is possible to avoid most of the devastating losses associated with a buy and hold strategy where you just Buy and Hold and Hope. Read my book here. The most important reason I continue is simply because what I do works. And, I want to be around when the next big dump starts to help us avoid the large part of the sell … [Read more...]

[Trade Alerts] Sell Bonds and Buy Banks

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A little rotation in money flow going on. iShares Barclays 20+ Year Treasury Bond Fund (TLT) weekly ​​​​​​​ This trade has served its purpose. It was a good hedge and made money. We recommended buying TLT on January 23 this year. It is up about 4% including the dividend. Price has broken intermediate support weekly. Interest rates may bump up over the next couple of months. Sell TLT and harvest gains for now. SPDR's Select Sector Financial ETF (XLF) weekly I'm finally convi … [Read more...]

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