I’m going to un-protect the site through Monday, possibly Tuesday to give all of you on the outside a glimpse of what a subscription to the Alphahorn newsletter provides. Each night I post charts of 10 different indexes: SPX, DOW, NASDAQ, RUSSELL, FINANCIALS, TRANSPORTS, STAPLES, and ENERGY, as well as other charts showing important immediate, intermediate or long term trends. On weekends, I’ll give a glimpse into the coming week, at least into Monday, as I did last Sunday accurately calling for a gap up Monday opening.
Note the subscription special I’m running: from now through the end of the year you can purchase a quarterly subscription for only $200/quarter or a monthly subscription for $79, beginning in 2012 the price will be $250/quarter and the monthly rate will be $99/month.
Unlike a lot of other sites, here at Alphahorn, I make directional calls. Are these calls always right? of course not, but they’ve been correct enough for the portfolio to have met its 40% return goal for 2011 and is approaching its revised goal of 50% for 2011. Every trade is posted real time on the blog complete with stops. Each night the stops are updated. To check out the trades made since July 2011, check out the tab above titled “Returns since….” above.
Now to my call for Monday. I posted on Friday that the portfolio entered long ETFs after the 30 min chart signaled a short term trend change. What my indicators don’t tell me is how long (in time) this bounce will last. But, I believe it will meet some pretty tough resistance as noted on the 30 min chart above, see the convergence of trend lines. This immediate term trend change has been echoed by my favorite immediate term indicators as well, here’s a couple of my favorites:
This call is in contrast to most out there that are looking for a SPX to take out 1101. Let’s see what Monday brings, more to come.