Uncategorized Category
Part IV: S&P and Energy
Posted on September 15, 2013 2 Comments
Below is one of my all time favorite charts … it’s a real time chart of the EXACT top in Crude Oil using a bunch of geometry, music and numbers. in this chart we see the square root of 12 (3.464), natural squares 121*121, geometrical arcs, 2.424 (12*2/12*2), square of nine targets, square root of […]
Part III: the S&P 500 and the influence of technology
Posted on September 14, 2013 3 Comments
As we discussed in our last post, technology has the biggest weight in the S&P 500, coming in around 17%. So, naturally, a quick look at the NASDAQ will give us a good feel of the technology sector and it’s importance to the S&P 500. In the world of retracement work/theory we like to look […]
Part II: the S&P 500 and “too big to fail”
Posted on September 14, 2013 3 Comments
Just like rotation w/in the circle of life (fixed income, FX, commodities and equities) it also occurs w/in the context of our markets. The S&P 500 has different weights given to different sectors. Take for instance, the financials (and of course the topic of this post) – in 2009 they made up only 8% of […]
Part 1: The S&P 500 (but first we need to go around the world ….)
Posted on September 14, 2013 5 Comments
Since I’ve started a financial blog a couple weeks ago the response has been wonderful. THANKS … I have had multiple inquiries into doing an analysis of the equity market in the US. What I’ve tried to do is go thru 3 out of the 4 components of the circle of life (fixed income, commodities, […]
buy your Fruit Loops Now …here comes the Sugar Train
Posted on September 13, 2013 3 Comments
UPDATE: pattern appears to have held. too early to call a new trend in place, will obviously need to survive the first major pullback. w/ such a major down trend in place, expect the lows to be attacked again or not? A “normal” correction will be very bullish in my mind. been watching SUGAR for […]
The Great British Pound
Posted on September 12, 2013 1 Comment
Since it’s top in November 2007, the POUND has followed a nice script. It’s been extremely hard, I can imagine, for long term trend systems because it’s been stuck, I believe, in a multi-year triangle. As you can see from the charts, if this analysis is correct, then new lows below 1.3500 will be a […]
Good as Gold Part 2 of 2
Posted on September 8, 2013 2 Comments
Quickly, I’m wondering if it’s OK to say “I’m really not sure.” A case for one more low move on Silver was shown last week and, in part 1 we discussed how the gold/silver index certainly looks like a nice bottom has been carved. As you can see, I am trying to post the “past […]
Good as Gold Part 1 of 2
Posted on September 7, 2013 2 Comments
After the Silver post the inquiries regarding Gold have flooded in … so, in part 1 we’ll take a look at the Gold/Silver Index. The $XAU is the Philidelphia Gold/Silver Index and consists of 16 precious metal mining companies. This index and the $BUGS are the two most watched precious metal indices in the world. The […]
Missing a $LNKD in the chain?
Posted on September 7, 2013 2 Comments
$LNKD on a great run … no doubt. However, certainly appears some stiff resistance is overhead. Wait for a signal reversal candle/bar (weekly) for confirmation that we are at/near a top. Notably, w/ IPO’s , it’s tough to count the initial move. In this case, an ASSUMPTION is made that the first correction from 122 […]
Surf’s Up (or down) AMAZON ($AMZN)
Posted on September 6, 2013 Leave a Comment
Here’s an update to the AMZN charts below …while I still feel this count is correct, we did make another high. Therefore, new targets calculated. I like to call the following chart, below, “musical polarity.” As you can see, the blue arrow to the left is the “rock hitting the water” and it causes the […]