fb
X
X
Tired?
Unfocused?
Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
YES, SEND ME THE REPORT !
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
YES, SEND ME THE FILE !
YES, SEND ME BOTH !
Your email will always remain private.

MDM - Fail-safe?

With positive news last night on Ireland and on the GM IPO which, without its $35 billion in goodwill, would have a negative net worth, the markets have gapped up.

The fail-safe is designed to minimize losses on false signals. We will advise members if and when this signal proves false in which case the model would go neutral.

Some fail-safes would kick in when the NASDAQ Composite trades intraday or closes above the close of the day prior to the day in which the sell signal was issued. This would mean the sell signal would switch to neutral once the NASDAQ Composite closed above 2514, as its closing price on 11/15 was 2513.82. But keep in mind fail-safes are contextual. Given today's gap up based on oversold conditions and seemingly favorable news, it is best to take a wait-and-see approach for now to see how the NASDAQ Composite closes today. Even should the NASDAQ Composite close above 2514, that does not automatically trigger a fail-safe. We will issue another report around the close.

Today's bounce could very well be an opportunity for the big money to continue to move out of the market. But it is also a question of whether the forces of QE2 are powerful enough to overcome the recent negative turn of events.

 

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
FOR OUR FREE MARKET LAB REPORT :
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy