Market Updates

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...]

Broader Market Review The major averages pushed higher yet again during last weeks holiday trading. The Dow crossed over another resistance level and is fast approaching a stronger and higher level that may cause a brief period of slightly lower prices but there is undoubted strength in the current market that should continue to propel prices higher into the New Year. Dow Jones Industrial Average ETF (DIA) weekly A Few Good Charts I was able to do a little charting this past week … [Read more...]

December 22, 2019  6:24pm PST Weekly Rant 2019 Headlines: Inverted Yield Curve, Recession, Trade War, Impeachment! Bahahahahaha! Noise. It's all noise. Turn off the TV. Stop reading the news. The entire year "they" have been talking about the yield curve inversion signaling a recession, the trade war causing a contraction or the impending impeachment unleashing all kinds of nasty uncertainty. When will they get it right? I'll tell you when...when it's over, when it's too late. They will … [Read more...]

The What The broader market, individual sectors, gold, oil, interest rates and small caps are all positioned as expected. The expansion is playing out pretty much like I have been describing for most of the year. The charts have projected virtually every significant broader market reversal this year. All archived published research/trade ideas here. The Dow, S&P500 and Nasdaq are all following my price forecasts higher like they have been reading my mail. Sectors are moving correctly. Gold … [Read more...]