TRTC +1100% and ONCS +200% in 7 Months, Copper At Multi-Year Lows, High-Frequency Trading No Concern

Surprise, and a belated "happy new year"!  Finally back at it after a long vacation.

Our past two Annual Forecasts proved very accurate and we'll offer another at some point late as though that may be.  Until then, in order to catch up the updates will probably be short and scattered.
 

Copper is breaking down again, to new multi-year lows.  We predicted this back in March and April of last year, and is one of the indicators we factored in our decision to so successfully short gold and silver last year against overwhelming mass sentiment. 

A breakdown in "Dr. Copper" augers poorly for global economies and equities. No comment on gold at present. 


Last update, in December, we were bearish on markets and early this year stocks took quite a quick tumble.  Most indexes are back to all-time highs, though not the DJIA.  We're not bullish on stocks. 

Here's one reason why: Stock caution urged as margin debt levels hit new highs, P/E valuations, record highs flash warnings

For balance we note that margin has been at record highs for some months, as it was before the major bull market of the mid-late 1990's. 


We offered the idea to go long TRTC (Terra Tech Corp.) in August of last year, when the stock was below $0.11  

At yesterday's highs it was up over 1100% 

We suggest it's a good time to sell some, though not all, and sell more if it closes again below $1.00

We sold a little yesterday, and will sell more if it closes below $1.00


We also offered the idea to go long ONCS (Oncosec Med Inc) in August of last year, when the stock was at $0.32  It's recently up as much as 200%  

We suggest it's a good time to sell some, though not all.  We've not yet sold any, though may at any time without prior notice.


There's much controversy over high-frequency trading, especially now that the Wall Street Journal reports Virtu IPO Poised to Make a Multi-Billionaire of Vinnie Viola.

Related, must-read: High-Speed Trader Isn't So Good With Numbers

Wikipedia describes high-frequency trading (HFT) as "a type of algorithmic trading, specifically the use of sophisticated technological tools, trading strategies and computer algorithms to rapidly trade securities."

Many claim the proliferation of HFT has ruined the chances of the average investor in the stock market.  As we caution with all conspiracy theories and blame games, don't get caught up in it.  It's simply not true.  For proof you need look no further than this very blog or the website of its sponsor.

 

 

 

We receive no remuneration or incentive directly or indirectly in any way, shape, or form for buying or selling the positions we do, or for mentioning any positions or publicly traded companies in this blog. If we hold existing positions we divulge the fact. This blog is merely a diary of some of our thoughts and trades and is in no way whatsoever to be considered investment advice of any kind. Always without fail consult a competent, experienced, and honest broker or investment advisor before making any investment or speculative decisions.

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