Uncategorized Category
Gold Silver Index – a guide for the yellow brick road?
Posted on October 3, 2013 1 Comment
To catch up to speed please view the following posts: https://bartscharts.com/2013/09/07/good-as-gold-part-1-of-2/ https://bartscharts.com/2013/09/08/good-as-gold-part-2-of-2/ the gold silver index is correcting (or continuing lower) to very important levels – 88.69-89.36 or 86 or 84.21. We never know which level is going to hold or not … that being said, our continued outlook is to be bearish the metals […]
Dollar Index done OR correcting or a little lower?
Posted on October 1, 2013 1 Comment
to get up to speed you can view my first post on the importance of the dollar: https://bartscharts.com/2013/08/20/the-usd-index/ so … if you have been reading/following I’m trying to get short the POUND or the EURO vs the Dollar. The dollar is a huge deal and w/ the EURO making up 60% of the index, it’s good […]
TSLA, Patterns and dogfighting an F-14 in afterburner (check fuel!)
Posted on October 1, 2013 Leave a Comment
when there are more BUYERS the stock goes UP when there are more SELLERS the stock goes down. PERIOD … notice I didn’t mention anything about anything else because, quite frankly, NOTHING else matters. It could be the smartest MBA in Finance or CFA or the geekiest CMT on the planet using all kinds of […]
Great British Pound Update III and pumpkin soup
Posted on September 30, 2013 1 Comment
when I was flying and someone might have had a particularly bad night landing at the ship or performed the mission badly, invariably, someone would say “well at least your not eating pumpkin soup!” the Vietnam POW’s (God Bless Them All) had as one of their main meals the wonderful bowl of pumpkin soup… so, […]
FACEBOOK ….
Posted on September 29, 2013 2 Comments
as hard as I try … it’s simply hard to not get caught up in the emotion/hope and chaos of the IPO. WE ARE ALL HUMAN! Let’s face it … FACEBOOK has changed the game. I spent last week at the Mid Atlantic Digital Marketing Summit and I was blown away by digital media and the […]
finding a pattern and placing it in the intermarket circle of life …
Posted on September 26, 2013 Leave a Comment
Update: looks like the level has held so pay attention to FXI in the coming days. DEFINITION (BART’s) for the circle of life – fixed income, FX, equities (global and conus) and commodities and their symbiotic relationship. in this case, we have a BUY pattern coming in a little lower on the AUSSIE vs the […]
the ratio of STAPLES to the S&P ($XLP / $SPX) – trust me, it’s important
Posted on September 25, 2013 1 Comment
if you have the time, please read this post: http://allstarcharts.com/are-staples-the-key-to-this-market/ . You’ll note that I incorrectly saw a triangle and expected the market to roll over once the break out occurred. that analysis was wrong … however, the market went UP when the ratio went down — exactly like it’s used to. We are now approaching another […]
GOOGLE – a classic head and shoulders top?
Posted on September 24, 2013 Leave a Comment
first off, I love the company GOOG. what amazing innovation, passion, creativity and, most importantly, the ability to create a word into a lexicon like Seinfeld – yada yada blah blah blah. so, before I show the SELL pattern that has appeared, let’s go back in time (remember this is no “could of, would of, […]
the upcoming week of 9/22 for the S&P
Posted on September 22, 2013 1 Comment
our S&P post last week of parts I-V spelled out the overall look and feel for the S&P as we approached and eclipsed new highs … we took a look at technology, financials and energy. additionally, throughout the past weeks, we have walked thru the circle of life for fixed income, the dollar and certain […]
Bruce Buffer of UFC and the FED …
Posted on September 18, 2013 1 Comment
my buddies and I enjoy buffalo wild wings and the UFC night …. the energy is amazing, the beer is cold and the wings aren’t bad …. everyone gets fired up as Bruce Buffer does his amazing introductions and then, at the last minute bellows “IT’S TIME!” Well, folks “IT’S TIME” to see what “the […]