JAN 20 Weekend Report

We have a Big weekend report, dealing with the BIG PICTURE, so let's get right into it...

 

SPX - This is usually a topping candle, a 'spinning top' on the weekly. The markets have been very strong, so a pull back would be normal. We'll see how this plays out next week in our daily reports.

  Read More

January 19th – Closing In

I want to do a quick market review, and then I have some very interesting charts of Gold & The Miners pertaining to the situation that we find ourselves in currently.  I want to use this Friday report to further prepare us for what is coming in the Precious Metals Sector...

 

SPX - Day 42 is late for a daily cycle and I expect a pull back eventually, but these markets are very strong.  Last weekends report pointed out that the 'weekly charts' looked to be heading into a parabolic run, and this week may close at highs again!   'Longs' just continue to take advantage of this never ending gift with a trailing stop 🙂

Read More

Jan 18th – More Picks

The VIX was Popping, the markets were dropping, and ...

 

DJIA - We just can't even get a 2 day pull back in this runaway move 🙂   A trailing stop still has you in this long position  ( TQQQ, UPRO, UDOW, ETC).  If we do get a sustained pull back, it will likely be a very good buying opportunity.Day 41 for the Dow is getting late.

  Read More