All posts by Alpha Stock Trading

Technology Stocks, US Stock Market

Nasdaq Yearly Highs and Lows

Year 52 Wk High Date 52 Wk Low Date
2016 5,058.06 1st-Jan 4,209.764 12th-Feb
2015 5,229.00 22nd-Jul 4,292.144 25th-Aug
2014 4,814.95 27th-Dec 3,946.034 16th-Apr
2013 4,175.36 28th-Dec 2,953.524 1st-Jan
2012 3,196.93 22nd-Sep 2,627.234 5th-Jan
2011 2,887.75 2nd-May 2,298.894 5th-Oct
2010 2,675.26 22nd-Dec 2,061.144 1st-Jul
2009 2,295.80 28th-Dec 1,265.524 9th-Mar
2008 2,661.50 2nd-Jan 1,295.484 21st-Nov
2007 2,861.51 13th-May 2,331.574 14th-Mar

What do you observe from the table?
– Jan high means lots of fall down the year, but this will be known in retrospect only.
– Jan-Feb combination is not there for High-Lows, so one of these two will break in the coming months. So either a new 52 week high, or a new 52 week low is coming. Continue reading Nasdaq Yearly Highs and Lows →

Banking, Stock Trading, US Stock Market

Bonus Trade: Buy Goldman Sachs (GS) for Target $169

Hi, here is a bonus trade for all our regular website visitors. Buy Goldman Sachs (GS) stock at current market price ($151.75) for $169 as target, and $144 as Stop Loss. This trade can give 11% gain, and its likely to play out in coming 3-4 weeks. Following are the trade details.
Date: 15 March 2016
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Buy at: 152
Target: 169
Stop: 144
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Above 169, the next reliable target is 180. Patient investors can also hold for 180, by booking some profit at 169. We have been actively tracking Goldman Sachs (GS) for over 15 years, since year 2000, and once every 2-3 years, there are some very good buying opportunities in Goldman Sachs (GS). The stock has lost about 35% of its value during its recent correction from $220 to $140.

Please Note: If for any reason, we see a larger correction in the S&P500 in the coming months, then financials will correct further. In such a case, if we get Goldman Sachs (GS) at $100, then it will be a top buy in the entire market, with a reliable upside target of $200 in the next 3 years.

Disclaimer: Alpha Stock Trading will not be responsible for any gains or losses that occur in your trading. Investors/Traders should take their own decisions.

Energy Stocks, Foreign Investors, Forex Trading, Stock Market News, Stock Trading, US Stock Market

High Yield Bond Market Pressure in 2016

High yield bonds (funded by multiple rounds of QE) will definitely put pressure on the global financial system this year. I believe over $1 trillion of QE went into energy related bonds (in US and Europe), and nobody had thought of $30 oil plus strong US Dollar. Euro and Rupee/INR will be at risk from a stubbornly strong US Dollar. Zero debt companies with substantial earnings in USD like Google, Infosys, McDonalds maybe the safest places in market in 2016. Stay long on USD. Energy and Materials stocks should be handled only by advanced traders. There maybe many sharp corrections and short-covering rallies.

The bond market is going to get ugly if there isn't a rebound soon Continue reading High Yield Bond Market Pressure in 2016 →