KDelta Triggers More Buys as SP Probes a Breakout

Exec – Spec

2016 KDELTA Stocks  portfolio update                  06-02-16

2016 YTD KDelta P/(L) = +0.72%   vs SP 500 Index = +5.20%

SP 500 benchmark is testing its June futures contract highs although still well short of its record cash peak almost a year ago. Bullish sentiment from the past 2 weeks has now reversed to Bearish on the 5 and 10 day option sentiment ratios, while the longer term sentiment requires a couple more weeks of elevated prices before turning negative. AAII Bullish sentiment is still only a week out from a very low Bullish read.

A strong employment report Friday close to 200,000 (175k+) jobs created with unemployment ticking lower may cause a quick correction in stocks for fear the Fed will tighten rates on June 15th. Current probability given to a June Fed rate hike is just 20.6% and falling. Consensus rate hike odds may be underestimating the Feds urgent desire to raise rates at the first signs of renewed 2016 growth. The Fed has been telegraphing that a rate hike is coming soon!  A number under 150,000 jobs would continue the recent trend of negative economic data over the past month and for most of 2016 to date.

Each position= 5% portfolio unless specified:  TBD=To Be Determined

Pending trade order (Buy Stops entries unless specified)

Stock:     Buy Stop:            Exit price: Projected gain      P/L Stop post entry

Buy BAL 42.94                             TBD                                   40.98  [wlmprivate “Annually|Bi-Annually|Monthly|Free Trial”]

Buy CAG 46.65                            49.33    5.7%                    45.48

Buy CL 72.73                                77.48    6.5%                    69.51

Buy HSY 94.94                             99.91    5.2%                    91.88

Buy LRCX 85.71                           99.48   16.0%                   82.27

Buy SJM 132.65                           137.91 11.5%                  129.50

Buy T 39.73                                  41.55    4.6%                    38.40

Buy UNG 7.39                              TBD                                    6.60

Buy YHOO 38.19                          39.70  3.95%                    36.89

Buy Z 29.71                                  32.14   8.2%                      28.11

 

Open positions

Entry                                             Profit  Exit                       Trailing Exit Stop

06-02-16 Buy WEAT 9.00           TBD                                   8.69

06-01-16 Buy UNG 7.07              TBD                                  6.70

05-27-16 Buy CORN 22.49          TBD                                  21.45

05-26-16 Buy CORN 22.26          TBD                                  21.03

05-25-16 Buy FXB 143.42            TBD                                  140.30

05-26-16 Buy KLIC 12.40             13.55   9.3%                    12.20

05-26-16 Buy RS 74.92                79.16   5.7%                    72.91

05-31-16 Buy SINA 52.67            59.03   12.1%                  51.07

05-26-16 Buy WEAT 8.96            TBD                                   8.55

 

Total KDelta portfolio 45% invested

Long Term Investors 85% invested SPY

 

Closed Positions 2016:

.                                                                                                          P/(L) % to

.                                                                                                          Portfolio at

Entry                                                 Exit                Profit/loss    5%/trade

04-25-16 Buy MDT 79.46           04-26-16  78.85   (0.8%)       (0.04)

04-27-16 Buy RTN 128.95          04-29-16  125.70 (2.5%)       (0.125)

04-28-16 Buy TXN 60.00            04-29-16   57.71   (3.8%)       (0.19)

May results = (0.355%)    YTD = +0.725%

04-20-16 Buy UNG 7.02             04-28-16  6.73     (4.1%)        (0.205)

04-13-16 Buy SLM 6.69              04-21-16 6.84       2.2%           0.11

04-19-16 Buy CL 71.57               04-20-16  70.57   (1.4%)         (0.07)

04-07-16 Buy AU 14.32              04-11-16 15.48      8.1%           0.405

03-28-16 Buy MMC 60.23          04-07-16  60.23     0                 0

04-01-16 Buy GS 158.91             04-05-16  155.00  (2.45%)     (0.12)

April results = 0.12%     YTD = +1.08%

02-16-16 Buy PNRA 200.55       03-03-16  214.9     7.15%         0.36

March results = 0.3575    YTD = +0.96%

02-23-16 Buy HIMX 9                  02-24-1    8.59      (4.5%)        (0.227)

02-16-16 Buy USAT 3.80             02-23-16  3.88       2.1%           0.105

02-19-16 Buy HON 107.42          02-23-16  104.31 (2.9%)         (0.14)

02-16-16 Buy ORBC 7.88             02-18-16  8.20       4.1%           0.205

02-03-16 Buy AEM 30.70            02-08-16  34.4       12.3%         0.615

02-02-16 Buy ACC 42.00             02-08-16  42.40     0.94%         0.047

February results = +0.832%   YTD= +0.605%

January results   = 0

 

{Results 2014=+10%; 2015=-(1%) vs SP 500 Index –(1%)}   [/wlmprivate]

 

 

Disclaimer and Notice:  This report may contain information on investments that are high risk and have substantial risk of principal loss.  It is for informational purposes only. Statements in this communication are not statements of fact are merely opinions or forward looking statements from a potentially biased source(s) that involve known and unknown risks, uncertainties and other factors that could cause actual future results to differ materially from any prior or projected results. Statements in this communication may be inaccurate and/or unsuitable for you.  You must perform your own due diligence.  Your investment decisions should always be made based on your specific financial needs, suitability, objectives, goals, time horizon and risk tolerance.  Any decision is at your sole discretion and at your sole risk.  You are advised to consult with your individual investment and tax professionals before making any investment.  Past performance is no guarantee of future results.

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