One Step At A Time
I am seeing step by step progress in the areas that we discussed in the weekend report, so I am going to go right there. . This was my weekly Oil chart
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Weekend Aug 6th – Good News
And the good news is, I see quite a few bears falling asleep again. Our trading has been fantastic in 2016, especially in the beaten down Precious Metals sector, Commodities like Steel and Aluminum stocks did well, and Oil and Energy. The bears had attacked these sectors for quite a while, but now it seems […]
Friday Jobs Report
The May and June Jobs report numbers came in very low, and it was given an ‘F’ by many reviewing it. If we get another low number this morning, it will likely be graded an ‘F’ too. What if the numbers suddenly come in strong? It’s probably worth an ‘F’ too, for ‘fudging the numbers’. […]
Aug 4th – Progress
Things still seem to be progressing along in the various sectors of the market that we have been following. Lets take a look. . SPX – This sideways move is really a bullish consolidation. As time goes by, we get deeper into the daily cycle, but this is holding up rather bullishly. On a wkly […]
Gold Core Positions and Miners
I was getting emails asking me to post my CORE positions so that others can copy those positions. As shown here, that will not work, because I acquired a lot of my core at the end of the bear market and they are up 400, 500, 700% already. That doesn’t mean that it is too late to start a core for this bull market. I do believe that the bear market is over, and I believe many of these Miners are going to be a LOT higher 1 or 2 years from now. Searching for core opportunities may be rewarding when the next ICL comes up , which I expect this fall.
Wednesday Aug 3
SPX – The SPX has been consolidating sideways and Tuesday it started to sell off a bit more. I mentioned that we could get a back test, but it recovered a good amount into the close. So not a whole lot has changed here (again). A bit of a different look for the DOW and […]
Monday Review And Core Discussion
SPX – Not much has changed over the past several days, but consolidations often lead to strong moves.
Strong Bulls
We’ve been seeing some strong Bulls running in 2016, and I dont think that the show is over yet. That is great news, lets take a look in our weekend review… SPX – We’ve seen a break out to new all time highs and a sideways consolidation for weeks. SPX WKLY – Possible […]
Friday Thoughts
Yes, I liked that picture so much that I decided to carry it forward to Friday. PLUS, I’m still waiting for the recent purchases to really run strongly 🙂 . Some of our stocks were green Thursday, even though Gold and the GDX sold off. Lets discuss our markets for a brief Friday report and […]
And They’re Off
Hang on, They’re running again! . I ‘m going to skip the general markets and get right to Oil and Precious Metals. Why? This is a chart from yesterday, and again, nothing has changed.
