Post your Best Long-Term Stock Chart

I'm not sure this chart really fits the "post your **BEST** Long term Charts" subject line, but I think AT&T might be worth a shot here with a tight stop. Formed a pin yesterday right at a big weekly support level. I'd be looking to buy with a stop in the $35-36 (35.45?) area. If it holds up here, can just hang on for a bit and clip the 5% dividend along the way.

That said, don't expect huge returns, this is a widows and orphans type of stock... Here's the weekly, you'll have to take my word that the daily yesterday made a pin (weekly bar shown below is as of Wednesday close, so not completed).

$T

Buying some Nasdaq today. Have a great weekend!

$NDAQ

And the Daily Graph:

$NDAQ

Here's one i didn't post from last week. Went long this bad boy here. Kind of a "cup with handle" chart formation if you're into that sort of thing.

$XYL

This worked better (and sooner) than expected. Stock currently at $39. For the shorter-term traders you could probably move up the stop or outright sell to lock in the profit. For the longer-term traders, can probably let it ride and follow it higher.

Here are some charts that caught my eye this weekend. Unsure what any have done today

Found this article fascinating. And believe it or not, actually found the Best Buy chart pretty fascinating as well...
http://www.investors.com/news/manage...ake-on-amazon/

As of yesterday morning, i'm long PHM and DHI. Not only are both (more or less) breaking out, but they sport a pretty reasonable valuation (11-13x earnings). Here are the weekly charts as of Wednesday morning.

$PHM


$DHI

I bought a little more AL after their earnings beat today. Both AER/AL were highlighted here on 6/14. I also sold out of the small AVB i had on for a small loss. Portfolio looks like this right now:
T...8.4%
NDAQ...5.5%
AGCO...5.3%
ABBV...5.2%
C...5.1%
XYL...4.4%
NKE...4.4%
HACK...4.3%
AL...3.7%(added on)
AER...3.7%
LYB...3.3%
EZU...3.1%
NATI...3.0%
PHM...2.8%
FLIR...2.7% (recently reduced)
DHI...2.7%
EBAY...2.6%
FNMA...1.0%
IWM 171215P135...0.2%
SPY 170915P245...0.2%
QQQ 170915P130...0.1%

Here are two charts i'm eyeing up this weekend. I've mentioned both in this thread before, but never bought either. Might be getting closer to pulling the trigger:

Notes attached to each chart.

$CCI


$DAL

Shorting Gold

The target is the lower line of the wedge.

Interesting. What are you targeting? $1,000?

I like the idea from a fundamental standpoint - Central Banks raising rates is usually bad for Gold/Silver as deposits start paying interest once again. That said, I don't have a lot of confidence in CBs so i'll probably hang on to the few oz of Gold and Silver I hold in physical form.

Good luck w/ the short.

I'll be exiting some of my trades once it reaches $1000 but holding some as I hope it goes below it. I get back positive swaps anyways so it's also okay for me to hold onto it. Gold reacts to inflation as well so I will still hold onto my short for quite some time!
Thank you!

So don't consider this a recommendation, consider this next comment more of a theory.

The consensus out there among the people I talk to is that rates are headed higher and stocks are overvalued. While I certainly agree with the second half of that statement, I'm not entirely convinced on the other part. When the Fed starts to reduce their balance sheet, the story goes, rates will sell off. Not to mention another rate hike is probably coming in December. And why wouldn't the Fed raise rates? The economy is at full employment, there's no reason the fed should be at emergency levels of interest rates.

But here's the thing... does the attached chart really look like a bear market in interest rates? (In fixed income, when price goes up, rates go down, so in the attached chart, a higher trend in prices equates to lower Treasury Bond rates).

Interest Rates have been in a 30+yr bull market with ever lower interest rates, ever higher bond prices. When the first hiccup occurs in the stock market and when the unemployment numbers begin to tick up when the next recession hits (keep in mind, we're now almost 8yrs removed from the last recession) what do you suppose the Fed will do? And as people exit the stock market by realizing it's overvalued (or get margin called?), where do they take their money?? To the safety of bonds.

I say this not to recommend bonds necessarily right this very moment, but more to say... I wouldn't count them out just yet. Keep in mind also we have a whole lot of baby boomers retiring, they need income!

Finally, as a side note (and not to get too far into the weeds), much like the stock market, the level of implied volatility in the bond market is also at historical lows. Buying options (in either direction) is probably not a bad play, regardless of what you think of the eventual direction.

Will QCOM be a buy next week?
Fundamentals seems so..
Technicals line up too.

XAUEUR looks like its an opposite play as well.

So here's my take on Qualcomm. It really depends on your holding period and tolerance for risk -- I.e. the valuation doesn't look so bad and the 4% dividend yield is nice, so I can see it as a solid company to have as a core holding. That said, I don't quite see the catalyst for it to rocket higher anytime soon. Cell phone growth is slowing/saturated and people aren't upgrading their phones as frequently, so from a Revenue growth standpoint, i'm not sure on QCOM. Also with the general market trading off, I could see this being dragged down as well if stocks continue to slide.

From a technical standpoint, if this $51-52 area holds I can see it bouncing to the mid 60s, if it doesn't I think it could re-test the $45area. So again, if it breaks down, with the way i trade, I would get stopped out, but a longer-term holder who plans to hold for many years could add more at $45. So it really depends on what your game plan is on this one.

Just my 2c, i'm often wrong ;-)

Here's a funny one i ran into scanning the pages of Barron's today. UPUPX, a mutual fund I'd never heard of, was down 30.2% this WEEK. It takes some people a year to lose that kind of money!

Not only that, but the fund charges a 2.12% management fee and has 30% of the fund in cash. That makes losing 30% in a week all the more impressive when you consider the cash would earn 0% or so...

Careful investing out there folks!

They could be planing some sort of huge market turn around. Last week everyone a lot of people expected the dollar to turn around.

Long WLTW on today's breakout. My stop loss is in the mid 140s, but I also purchased a $140-strike put option in Oct as a "catastrophic" stop-loss for 75c. I like the chart. Here's the weekly, but standard disclaimer of posting a weekly chart on a Monday afternoon is that last bar is most certainly not a weeks worth of data.

GL Trading all.