With only 1 trading day behind us since the weekend report, nothing has really changed in our expectations for the various Market sectors, but some small changes did take place. Let’s just take a look at what we expect going forward. SPX & VIX – Using the chart below, I had mentioned on January […]
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 […]
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” . I […]
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 […]
We will discuss the Miners and the current pullback after a quick review of various Market Sectors. . SPX – This is often a topping candle, a reversal , but lately the SPX just drops down to the 10sma and may fill some gaps if it does.
No big changes took place since the weekend report, but we do have quite a few charts to look at, so let’s dig right in… SPX – The markets continued higher…
OIL’s C.O.T. – The shorts by ‘Smart Money’ increased again. They are determined to ride a drop in Oil prices, though Oil has been bullish in recent weeks.
Looking at SPX, DJIA, and the NASDAQ at the end of the week, and we basically see the uptrend remains on track. Using a trailing stop has kept the ‘longs’ in the trade. Some are riding UPRO, UDOW, TQQQ. I wanted to point out the VIX again, however…
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 […]
