Time For Changes?

In recent reports we've been discussing some possible bigger changes in the coming year. Lets review the markets and see if these changes still appear to be setting up as we start a new year.


2015 was pretty much a sideways year.

SPX, DJIA, RUT, NYA- Posted a yrly loss in 2015.  NASDAQ AND IBB posted small gains.


That alone is not signaling a change necessarily, so lets look at a few more things ...

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Ideas To Share

Since calling the lows in NATGAS recently,  it has run straight up. I was asked if I had any idea what may happen next.  Lets take a look at this and a few other ideas for the last trading day of 2015.


Review: This was NATGAS at the lows. I thought we could buy a pullback, possibly on a dip at the 20sma.

NATGAS 12-21

The short covering was too strong. NATGAS went straight up to almost $2.40!.  Nice move.  I pointed out the 50sma as a possible support, and it held yesterday, but let me share 1 more idea.

NATGAS 12-29 Read More

A new year Approaches

As this trading year wraps up, I plan on using the weekend report to discuss some ideas of what we may expect in 2016. We have 2 trading days left this week and then it's on to 2016. Lets review what the charts are saying...

DJIA - So far the Dow has made lower highs since May. We are at resistance and may drop back down to the lower support.  If this breaks out and runs to the blue dotted line, it will be the first set of higher highs. 

DJIA 12-29

There are several interesting things to look at here...

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