Entries by Alex - Chart Freak

January 16th – A GOLDEN BULL

January 16, 2018 /78 Comments/in /by

 A large part of my weekend report was directed to The USD, Gold, Silver, & the Miners.  We caught the lows in December and have been investing in various Miners (& JNUG/NUGT) since even before Mid December.  In the daily reports I discuss various bullish set ups and buying opportunities, but each weekend  I often […]

WEEKEND REPORT

January 14, 2018 /216 Comments/in /by

There is an old saying designed to help us avoid being fooled into believing that something is anything other than it really is. Maybe you are familiar with that saying, it goes like this...

“If it walks like a duck, quacks like a duck, looks like a duck, it must be a duck” 

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I think that this saying can also apply to a Bull too, or even when it comes to a Bull Market run.  Whether it is short term or longer term,  a Bull Run should be treated as one until it no longer looks like one. Another helpful saying in this regard has been , "Never short a Bull market".  Let's discuss a number of Bull Markets on the run here...

 

SPX - Well nothing has changed here and this is a weekly chart. This is a bull market and anyone trying to short this has been trampled down.

SPX - I have recommended just using a trailing stop to be able to continue riding this Bull ( UPRO, UDOW, TQQQ, ETC), and with these shallow sideways pull backs, the ride continued to another week of new highs.

 

Let's take a look at the DJIA too...

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Something For Everyone

January 12, 2018 /247 Comments/in /by

 The way the various sectors of the markets have been playing out, I would say that there is something out there for everyone.  We have 'short term trades', 'longer term set ups', 'trending runs', etc.

 

 Note:  Today is Friday,  the last day before another 3 day weekend in the U.S. Markets.  You may want to keep that in mind as you decide what you do or do not want to hold until Tuesday.

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Oh, THAT’S What That Feels Like!

January 5, 2018 /195 Comments/in /by

How timely was my article at the end of yesterdays morning report, discussing how sharply the Medical Marijuana stocks can sell off ? Holding those felt a lot like that ride in the opening Theme picture, but I am going to have a part 2 in todays report and discuss future buying opportunities in some of these companies again too.

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Thursday Jan 4th

January 4, 2018 /266 Comments/in /by

 

SPX #1 -  There are a few reasons that I do not believe that we just saw a DCL 2 days ago.  That means that I think we are on day 32, and we should still dip into a low soon.  I pointed out the area of the green arrow yesterday as an example.

 

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