However, I quickly realized these carelessly timed trade entries resulted in losing trades a vast majority of the time because I was not waiting
for the price action of the stock to confirm itself by actually trading through the exact resistance level.
Hence, setting the stage
for the price action of the next trading session is a critical step.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential
for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences
for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals
for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand
for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate
for our additional capital needs or
for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory
actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions
for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues
for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement
for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount
of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability
of funding
for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and
price erosion caused by the introduction
of generic versions
of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government
action that could have the effect
of lowering
prices or reducing the number
of insured patients; the possibility
of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels
of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits
of the Sangamo partnership; Gilead's ability to submit new drug applications
for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all,
for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages
of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development
of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock
price, corporate or other market conditions; fluctuations in the foreign exchange rate
of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
In no case, except due to an adjustment to reflect a stock split or other event referred to under «Adjustments» below, and except
for any repricing that may be approved by shareholders, will the plan administrator (1) amend an outstanding stock option or stock appreciation right to reduce the exercise
price or base
price of the award, (2) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange
for cash or other awards
for the purpose
of repricing the award, (3) cancel, exchange, or surrender an outstanding stock option or stock appreciation right in exchange
for an option or stock appreciation right with an exercise or base
price that is less than the exercise or base
price of the original award, or (4) take any other
action that is treated as a repricing under U.S. generally accepted accounting principles.
As
for sectors seeing an inflow
of institutional funds, we are seeing improving
price action in Financials.
For several months prior to entering this trade, we had been closely monitoring the price action of SPDR Gold Trust ($ GLD), an ETF proxy for the price of spot go
For several months prior to entering this trade, we had been closely monitoring the
price action of SPDR Gold Trust ($ GLD), an ETF proxy
for the price of spot go
for the
price of spot gold.
With $ AMZN breaking below its 50 - day moving average last week,
for example, we would like to see the
price action hold above $ 280 (just below the highs
of the last base).
The best and most reliable stock breakouts are usually preceded by a tightening
of price action for at least several days before breaking out
of their bases
of consolidation, and the
price action of $ BITA fit the bill.
Yesterday's
price action in the broad market, where stocks sold off sharply in the first half
of the day, then reversed sharply higher in the afternoon, provides an excellent case
for why we ignore the popular news media outlets.
Since institutional trading accounts
for roughly 80 %
of the stock market's average daily volume, the
price action of stocks and ETFs is typically driven by the
actions of the «smart money.»
When a stock undergoes this type
of price action in a weak market, particularly if the stock was a former leader, it often presents a rather profitable opportunity
for our subscribers who are prepared to bring home the dosh in both uptrending and downtrending markets.
For the first few weeks, the
price action is volatile and there can be quite a bit
of selling.
Each chapter is a post in my blog and these articles provide the foundation
for trading using
price action and are a good overview
of the material in the Brooks Trading Course.
David Kotok, chair and chief investment officer
for Cumberland Advisors, said investors are now
pricing in the risks
of a trade war and other issues stemming from Trump's words and
actions.
Such risks and uncertainties include, but are not limited to: our ability to achieve our financial, strategic and operational plans or initiatives; our ability to predict and manage medical costs and
price effectively and develop and maintain good relationships with physicians, hospitals and other health care providers; the impact
of modifications to our operations and processes; our ability to identify potential strategic acquisitions or transactions and realize the expected benefits
of such transactions, including with respect to the Merger; the substantial level
of government regulation over our business and the potential effects
of new laws or regulations or changes in existing laws or regulations; the outcome
of litigation, regulatory audits, investigations,
actions and / or guaranty fund assessments; uncertainties surrounding participation in government - sponsored programs such as Medicare; the effectiveness and security
of our information technology and other business systems; unfavorable industry, economic or political conditions, including foreign currency movements; acts
of war, terrorism, natural disasters or pandemics; our ability to obtain shareholder or regulatory approvals required
for the Merger or the requirement to accept conditions that could reduce the anticipated benefits
of the Merger as a condition to obtaining regulatory approvals; a longer time than anticipated to consummate the proposed Merger; problems regarding the successful integration
of the businesses
of Express Scripts and Cigna; unexpected costs regarding the proposed Merger; diversion
of management's attention from ongoing business operations and opportunities during the pendency
of the Merger; potential litigation associated with the proposed Merger; the ability to retain key personnel; the availability
of financing, including relating to the proposed Merger; effects on the businesses as a result
of uncertainty surrounding the proposed Merger; as well as more specific risks and uncertainties discussed in our most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.cigna.com as well as on Express Scripts» most recent report on Form 10 - K and subsequent reports on Forms 10 - Q and 8 - K available on the Investor Relations section
of www.express-scripts.com.
Figure 1 shows this value - destroying behavior in
action for GE (GE) by comparing between the amount
of money spent buying back shares and the
price to economic book value (PEBV), a measure
of the growth expectations embedded in the stock
price.
Now that we've seen heavy selling pressure in the broad market
for the past two days, let's do an updated review
of key support levels on the S&P 500 Index ($ SPX) and Nasdaq Composite ($ COMPQ):
Price action was horrible on the S&P 500 on Friday (May 4), as it gapped down, trended steadily lower intraday, -LSB-...]
There are different factors
of confluence that we can watch
for, but in the chart below I am showing you
price action setups that formed at key support and resistance levels in the market; support and resistance are each a factor
of confluence.
This tutorial is going to show you how to setup the MT4 platform
for optimal
price action trading, thus we won't be discussing any
of the automated «robot trading» / expert advisor functions
of the platform as they are not a part
of the
price action trading strategies that I trade and teach.
Thanks Nial
for making me understand the
price action better, been stuck in the indicators and blowing acounts but now im doing better and trying to understand and master the craft
of the key support and resistance method.
In a nutshell, traders need to be aware that the normal Forex charts offered by popular forex brokers out there are NOT suitable
for professional
price action trading or any form
of technical analysis in my opinion.
All
of these setups were valid examples
of my
price action trading edge, two
of them happened to be winners and one happened to be a loser, but there was NO WAY we could have known
for sure WHICH ONE would lose and which one would win before they came off.
Generally I'm looking
for one kind
of breakout or another, but there's so much
price action in between that I miss, so I hope MMAs will fill in the gap.
When one bar equals an entire month
of price action, determining where to buy or sell based on that chart would be impossible
for short - term traders.
«Bitcoin
price staged a strong rally to break past the short - term channel top and aim
for the longer - term resistance... Buyers are taking control
of bitcoin
price action... Moving averages are in line with the 4 - hour bullish channel support at $ 610, adding to its strength as a floor.
When an index, ETF, or stock approaches the level
of its 52 - week high (or multi-year high), the
price action often becomes a volatile tug -
of - war
for at least a few days.
WASHINGTON Ordering combative
action on foreign trade, President Donald Trump declared Thursday the U.S. will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners and raising the prospect
of higher
prices for American consumers and companies.
Because TRC's offer
price is at a
price below the current market
price, Kraft Heinz recommends that stockholders not tender their shares (i.e., take no
action) or, if they have already tendered shares, withdraw their shares by providing the written notice described in the TRC mini-tender offer documents prior to the expiration
of the offer, currently scheduled
for 12:01 a.m., New York City time, on Wednesday, December 14, 2016.
In the short - term, we could look to buy on another retrace lower, to near the low
of the aforementioned pin bar (2610 area), or we could wait
for another
price action confirmation buy signal whilst the market remains above the major support at 2530.
But if a stock or index trades below the prior day's low (on the next day following a break
of the 20 - EMA) and continues lower after the first opening hour, the
price action may be headed
for a deeper correction that could lead to a longer consolidation period.
That said, the declining short - term trendline is still close to the current rate, and the most valuable cryptocurrency might be in
for more sideways
price action, before the Judgement Day
of BTC in August.
When you learn how to interpret subsequent
price action that follows the touch
of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand»
for knowing whether or not a trend is maintaining very bullish momentum.
In the event
of a change
of control (as defined in the plan), the compensation committee may, in its discretion, provide
for any or all
of the following
actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased
for cash equal to the excess (if any)
of the highest
price per share
of common stock paid in the change in control transaction over the aggregate exercise
price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders
of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse
of restrictions may be accelerated.
Many factors could cause BlackBerry's actual results, performance or achievements to differ materially from those expressed or implied by the forward - looking statements, including, without limitation: BlackBerry's ability to enhance its current products and services, or develop new products and services in a timely manner or at competitive
prices, including risks related to new product introductions; risks related to BlackBerry's ability to mitigate the impact
of the anticipated decline in BlackBerry's infrastructure access fees on its consolidated revenue by developing an integrated services and software offering; intense competition, rapid change and significant strategic alliances within BlackBerry's industry; BlackBerry's reliance on carrier partners and distributors; risks associated with BlackBerry's foreign operations, including risks related to recent political and economic developments in Venezuela and the impact
of foreign currency restrictions; risks relating to network disruptions and other business interruptions, including costs, potential liabilities, lost revenues and reputational damage associated with service interruptions; risks related to BlackBerry's ability to implement and to realize the anticipated benefits
of its CORE program; BlackBerry's ability to maintain or increase its cash balance; security risks; BlackBerry's ability to attract and retain key personnel; risks related to intellectual property rights; BlackBerry's ability to expand and manage BlackBerry ® World ™; risks related to the collection, storage, transmission, use and disclosure
of confidential and personal information; BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance on suppliers
of functional components
for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and management changes and headcount reductions; reliance on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation claims arising from BlackBerry's practice
of providing forward - looking guidance; potential charges relating to the impairment
of intangible assets recorded on BlackBerry's balance sheet; risks as a result
of actions of activist shareholders; government regulation
of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry.
«Given the position bias
for flattening, periodic steepening corrections should be expected but don't signal a change in view, but rather a case
of ringing the register after which there will attempts to justify the
price action with something more cerebral until we revert to flattening.»
That is why it is so hard
for technical traders, and those who follow the ticker tape, to get a grasp
of where
price action will lead a stock.
Price action trading is used in lots
of situations, and
for you to use it well, it is important to familiarize yourself with candle stick Graphs.
I always wondered how i could day trade and keep my day job, i actually thought
of quitting my job to concentrate on Trading but your articles have really changed the way i view the markets, I just relax and wait
for price action signals.
It remains to be seen if oil
prices will remain low
for a long period
of time, but the Federal Reserve's
actions, which have kept lending rates near record lows since 2009, have allowed airlines like Alaska access to capital at a reasonably cheap cost.
Figure 1 displays the recent
price action for ticker GDX — an ETF that tracks an index
of gold mining stocks.Figure 1 — Ticker GDX «coiling» in an ever narrower range (Courtesy AIQ TradingExpert)
Combined, they resulted in a brittle foundation
for asset
prices, vulnerable to the next piece
of negative news or
price action.
This fear is
for the most part unfounded, because this form
of trading allows trader to profit from all types
of price action.
That's not to say I haven't experience my fair share
of losses and frustration, because I have, but my passion
for trading and natural knack
for understanding market dynamics kept my head above water long enough
for me to discover the best trading technique in the world;
price action analysis.
Once I became a fully converted
price action trader, by learning from the work
of others, my own experiences and screen time, my trading results began getting more consistent and eventually I was managing money
for private clients and producing double digit annual percentage returns
for them.
How this all plays out
for the different constituents in the digital asset world (miners, investors, traders, funds, etc) will beget certain
actions which will beget changes in the short - term
price of digital assets.
This next chart is a daily combo chart we've been following
for some
of the US stock market indexes which is showing some interesting
price action.
Secular events, such as the vertical
price action of XRP in December, form another potential reason
for this downward trend.
As usual, I don't place too much emphasis on this sort
of forecast, but to the extent that I make any comments at all about the outlook
for 2006, the bottom line is this: 1) we can't rule out modest potential
for stock appreciation, which would require the maintenance or expansion
of already high
price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential
for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period
of internal divergence as measured by breadth and other market
action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk
of an oncoming recession, which would become more
of a factor if we observe a substantial widening
of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential
for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.
We'll be closely monitoring the
price action of both $ QQQ and $ IWM in the coming days, as the ability or inability
of these indexes to move back above their 200 - day moving averages, horizontal
price resistance, and trend channel resistance may determine the tone
of the broad market trend
for the rest
of the year.