Just thinking... How is this dip timed so perfectly with the coronavirus breakout and the height of the impeachment hype? How will they time the reversal higher (very soon) with the end of the Impeachment and the waning of the coronavirus? You watch...I bet it's going to be timed like a finely tuned watch. Insert Twilight Zone soundtrack. Broader Market Review The broader market has channeled down, as expected, into the area I circled last week as a probable support level to reverse … [Read more...]

Broader Market Review The broader market is now two months into the expansion that began on November 4, 2019 when the S&P 500 index crossed over its 22 month resistance. It was confirmed when the Dow crossed over on November 7, 2019. This is what I wrote on November 18, 2019 in my report "The Expansion has Begun". "All broader market indexes have crossed over and are separating from their individual ascending yellow line resistance levels (now support) from early 2018 that I have b … [Read more...]

I think I'm beginning to sound like a broken record. Every week I keep saying "The market is just ripping higher and playing out exactly as I have described it should over the past year". For many, many months I have projected the broader market to start ramping higher near the later part of 2019 and into 2020. It did and it is. For many, many months I have projected technology stocks to rip: They are..and there's more to come. For many, many months I have projected financials to rip: … [Read more...]

Cycle Positioning All instruments trade in measurable cycles. Broader market indexes, sectors, ETF's, individual stocks, commodities, currencies and debt each have their own distinct cycle. Cycles have three main characteristics: expansion, collapse and consolidation. (Float/Volume rotation can be included). If we can identify where price is positioned in the cycle we can identify the reversals. If we can identify the reversals we can make a lot more money in a shorter period of time than … [Read more...]

Broader Market Review Price is right on track as projected in early November and we are now getting the shallow consolidation/pullback that I said was likely at this new higher level. I have made a slight adjustment to the model with the January dip extended out to early February, however, I will continue to monitor and update as additional data develops including the potential ramping of the Middle East military situation. Longer term, price is still aligned with the higher linear degree … [Read more...]