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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 […]
The Great British Pound Update
Posted on September 18, 2013 1 Comment
in my last post for the pound at: https://bartscharts.com/2013/09/12/the-great-british-pound/ I laid out the case for my analysis pointing to a wave 2 top followed by lower prices. I had the C? put in around this area. Well, believe w/ FOMC meeting today that we’ll see this area attacked and the nature of the move to come will […]
Soup is good food … Campbell Soup at key level ($CPB)
Posted on September 17, 2013 Leave a Comment
swings on this puppy have been extremely nice ….charts below. just follow the bouncing ball … note, now we have completed the equality of swings and the level held at/around 41.
Loonie, Confluence, Musical Theory and the Oil Services Index
Posted on September 17, 2013 1 Comment
UPDATE: picture paints a thousand words. NOTE THE HUGE AMOUNT OF THRUST THAT CAME INTO OUR LEVEL. Even w/ that much thrust it only went thru 15 pips. current consolidation needs to get going higher OR pull back a little for this level to be key. Lastly, take a peak at the oil services index […]
