BlackPacific Capital  - Tactical Investment Management
RSS

Recent Posts

The Big Lie Part 3: Stuck in Purgatory
The 500lb Gorilla in the Room
The Big Lie: Intro
The Saga Continues; Big Risks and Little Spare Capacity
They Say There Is A Lack In Demand

Categories

Weekly Market Assessment
powered by

BlackPacific Capital

Only Market Where Customers Run When Things Are On Sale

Weekly Market Assessment
By:
 
The stock market is the only market where things go on sale and all the customers run out of the store. Thanks Ro!  Last Monday, the selloff from Friday continued however in a more severe dropoff to say the least.  I woke up to the DOW futures being down over 1,000 points. Absolutely insane! I was a buyer in the early morning as Apple, Netflix, and JP Morgan were all down over 15%. I was looking to buy the best of breed companies that everyone wants but haven't had a chance to get them at the right price.  Many believed the liquidity had dried up and that a flash crash may have occurred as well. Within the next 15 minutes, Apple rallied from $92 to $105, Netflix from $82 to $98 and JP Morgan from $50 to $60. Over the next few hours the market went from being down 1,000 points to coming within 100 points of being in positive territory. So a 900 point reversal in one trading day. This is a traders dream. Companies were trading at an extreme discount and at levels that may not be seen again this year. The volatility index (VIX) jumped to over 45 not seen since the 2008 recession, it gained over 100% in one day. I have never witnessed these types of moves in the market, and hope it's not a early hint to a black swan event.  

"Markets in turmoil" along with "chaos in the markets" where flashing on every news station and almost every headline read something similar. With almost no chance to get out of a market in free fall, panic sets in. Investors almost become paralyzed as fear overwhelms the decision making process while there seems to be nothing but bad news surrounding them. What has been the catalyst to cause this selloff, everyone is pointing there fingers at China, as fears over their growth slowing have come under the spotlight. The government has intervened to further stimulate the economy and help stop the selloff in their equity markets. Systemic risk is creeping into our markets for now and only time will tell if we are going to be truly affected by China. However like so many times before these events pass as quickly as they came. In regards to China's growth, it cant be looked at as linear, there are going to be small bumps in its trajectory. The great investor Warren Buffett once said, "Be greedy when others are fearful." So when these companies that have a fortress like balance sheet go on sale, there is only one thing to do, close your eyes and just buy them!    

 The Rant: Going Off on a Tangent with My 2 Cents:

Making the Watchlist: Below are the stocks that I will be looking at over the coming months.  I will provide the the current stock price and why I am watching them. I will comment on them as I continue to keep an eye on them.  You will be able to see and follow their growth and/or decline. Chart links may be attached.
 
Netflix NFLX) $105.55- Has no exposure to China, however NFLX has followed this market down with a more than 10% haircut since hitting $117 last week. A break below $100, if the market gives it to you, will be bought and I will be looking to pick up options on any further downside.  
 
See What I'm Trading:
You can now view all my real-time trades by following this link, BlackPacific Capital . This new site shows my trades, in real time the minute they are bought and sold. Below you can also click on the stock symbols, trade strategy or prices which will lead you to this new site. The site offers a full risk/return profile and video detailing the strategy of the trade. Note: When looking at the option positions every contract equals 100 shares.    
 
From the Trading Floor to the Option Pit: A quick look at whats on the trading desk:

S&P 500 (SPX) -No Trades.    

 SPDR S&P 500 EFT (SPY)- To protect against any short term downside I have bought a weekly $191 "PUT" option.  

NetFlix (NFLX)- I bought and sold some Vertical 'CALL" Spreads on NFLX at $99/105 and $94/101  GoPro 

(GPRO)- I bought a SEPT $42 "CALL"     

Apple (AAPL)- I picked up a SEPT $98 "CALL" last Monday and sold it on Thursday for a 38% gain. I also sold my weekly $111 "CALL" option from last week for a small gain.      

5 Comments to Only Market Where Customers Run When Things Are On Sale :

Comments RSS
Bullion Trading Tips on Thursday, November 26, 2015 1:11 AM
The given stock market tips are exclusive. These tips are very helpful for me. Please keep updating!!!!
Reply to comment


write my college paper for me on Wednesday, October 11, 2017 9:34 PM
Get the assignment students look for these days with the prime focus being creating a well researched and lively content on any topic.
Reply to comment


hire dissertation writer uk on Wednesday, June 27, 2018 9:42 PM
Your melodic instruments are incredible quality with sensible cost. You have the great sense about the melodic instruments and it isn't the smart thought to expand the cost of the things. It is my suspicion however you know it so well.
Reply to comment


writing reviews on Wednesday, January 30, 2019 12:00 AM
Kanabec district times is naturally been readied news broadcasting news site in this condition. The administrator expresses gratitude toward us for perusing this paper composing articulation. What's more, welcome us to join this website make new records and buy the membership on the web and proceed with the perusing of news announcement and refreshing climate news.
Reply to comment


PT TUNAS HARAPAN PERKASA on Wednesday, February 06, 2019 7:17 AM
selama bertahun-tahun, tetapi saya tidak dapat mencapaini ke 14 pabrik plat stainless ss304 pabrik plat stainless ss310 pabrik round bar besi aisi 440s45c pabrik round bar scm440 pabrik steel rail pabrik steel sheet pile pusat astm a283 c pusat pipa boiler pusat plat abrex 400 pusat plat asme516 grade70 pusat plat astm a285 c Toko Atap Spandek Toko Atap Spandek Distributor atap spandek Distributor besi siku undangan pernikahan klasik Jual Plat Kapal Bki Krakatau Steel Jual Besi Wf Baja Toko sch 40 Jual besi beton krakatau steel ks undangan pernikahan kalender undangan pernikahan bahasa inggris islam undangan pernikahan islami undangan pernikahan unik dan murah undangan pernikahan modern undangan pernikahan online undangan pernikahan undangan pernikahan amplop surat undangan pernikahan simple undangan pernikahan murah undangan pernikahan unik undangan pernikahan artis undangan pernikahan modern undangan pernikahan artis undangan pernikahan arab undangan pernikahan undangan pernikahan Agen Atap Spandek Agen Atap Spandek Distributor baja ringan Distributor Plat besi plat kapal undangan pernikahan aneh Jual Jual Besi Siku Baja Harga Besi Wf Baja Agen sch 40 Jual besi beton jcac Pabrik Atap Spandek Pabrik Atap Spandek Distributor bondek Distributor besi h beam baja undangan pernikahan mewah Jual Besi Unp Baja Profil Kanal Pabrik Besi Wf Baja Pabrik sch 40 Jual besi beton interworld steel is Distributor Bondek Cor Distributor Bondek Cor Distributor Plat kapal besi baja bki krakatau steel Distributor besi cnp undangan pernikahan cute Jual Besi Cnp Profil Baja Gording Distributor Plat Besi Baja Distributor besi Pipa sch 80 baja Jual besi beton gunung garuda Harga Bondek Cor Harga Bondek Cor Distributor besi siku www.gudangbesibaja.com undangan pernikahan online Jual Besi Hollow Supplier Plat Besi Baja Harga besi Pipa sch 80 baja Jual besi beton delcoprima Jual Bondek Cor Jual Bondek Cor Distributor pipa besi baja sch 40 sch 80 Jual besi Wf Baja undangan pernikahan buatan sendiri Jual Wiremesh
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment