MSFT having a great day!!!

Todd Butterfield Market Opinion-Free, Model Stock Portfolio 0 Comments

Our long MSFT position is finally paying off. Stock just opened up $2.30 at a current price of $54.36. This technical pattern was classic Wyckoff. We had a perfect back up to the creek, when the Wyckoff Wave had its January correction. MSFT held up much better and put in an excellent low risk entry. We will update this trade with a video in the near future. $MSFT #investing #WSMI

Stocks higher today with the Wyckoff Wave trading at 35,790

Todd Butterfield Market Opinion-Free, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Stocks are recouping yesterdays sharp losses with a nice advance so far today. We believe yesterday we completed a test of the most recent lows, and will now work higher from here. Metals stocks are surging higher, and we feel like we need to try and buy a pullback in this market. We are long SPY, XLE, VNQ in the Model ETF Portfolio We are long MSFT and GE in the Model Stock Portfolio

Big reversal so far this morning…Wyckoff Wave 36,875 after an early low of 36,070

Todd Butterfield Market Opinion-Free, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Hopefully you are closing following our Twitter feed, as we put on some nice buys this morning!!  XOM up over $3 today, MSFT up over $1.   We added GE and BA to our long positions as well today. We also added two more different trades in XLE and VNQ each. We came in bullish, and this mornings weakness allowed us some more lower risk entries. Stay tuned!!

Wyckoff Wave closed sharply lower today at 36,183

Todd Butterfield Market Opinion-Free, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Stocks opened higher this morning then quickly reversed lower.  There was steady selling all the way to the close.  We feel stock market is attractive down here at these levels.  We especially like the action in Microsoft (MSFT) which looks like a very nice back up to the creek, and has sharply higher objectives from the Point/Figure chart.  We also like Exxon Mobil (XOM) We also like Oil ETF (XLE), and Real Estate ETF (VNQ) Let’s …

Today we closed short position and entered some longs…

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Markets opened lower today and we covered our short positions, and then we entered some minor longs. We do not have major buy signals today based off the Wyckoff Tools, but we are on point to a change of trend. We took large profits in AAPL today of over $30 from our two short positions. We also covered shorts in the oil sector by covering XLE and XOM shorts. These also were nice profits. We …

Stocks finished the week just as they started…

Todd Butterfield Market Opinion-Free, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Stocks finished Friday with late selling, which closed the averages sharply lower for the week.  Stocks have lossed around 6% for January so far and we have been on the right side of that trade.  We are expecting continued weakness into early next week, and then possibly a tradable short term low.  We are also probably going to be covering a short Apple trades, which we have been tweeting about all week.   We will also …

Major selling has hit the stock market as expected…

Todd Butterfield Market Opinion-Free 0 Comments

Markets are down sharply this morning.  Our trusted indicators had us positioned for this type of action.  The Wyckoff Wave is trading 38,535 and appears headed below the most recent support areas at 38,200.  We feel there is much more to the downside here possible. Apple is once again leading the decline with a loss of $2.11 and now trading $103.15. Stay tuned!!

Market are much stronger today then we expected, but….

Todd Butterfield Market Opinion-Free, Model Bond Portfolio, Model ETF Portfolio, Model Stock Portfolio 0 Comments

Wyckoff Wave has traded back to the top of its most recent trading range at 39,951. We really didn’t expect this much rally here, but we still believe we will once again reach resistence. We expect another run at the bottom of the most recent range. Oil Stocks are still relative weak, as well as AAPL trading very poorly once again on the recent Wyckoff Wave rally. Bond market is having another sharp selloff to …