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S&P 500 – September 14, 2023
Posted on September 14, 2023 2 Comments
Extremely important pattern appearing on the S&P 500 / ES tonight. As I was cruising the charts I noticed this SELL PATTERN on the cash S&P 500: The reason this is so important is the most recent high is “supposed” to be the second wave / b-wave high and we “should” be going down … […]
Apple (AAPL) – September 12, 2023
Posted on September 12, 2023 2 Comments
Last post on AAPL: https://atomic-temporary-44460632.wpcomstaging.com/2023/08/07/aapl-august-7-2023/ Well folks, here’s a VERY important level for the market. We are all pretty aware that “as Apple goes, so goes the market.” Now, of course, you have the FANG and all that but Apple is pretty important. As I was taught by Larry P – in a bull market, […]
Bonds – August 22, 2023
Posted on August 22, 2023 Leave a Comment
Last post on bonds: https://atomic-temporary-44460632.wpcomstaging.com/2023/07/30/bonds-july-30-2023/ Well, rates are spiking and bond prices are falling like a stone. Yup … and to think, folks, this is just wave one down. As discussed about a month ago, the target for this ending wave down is now around 110 is and then, still, the zone lower in the […]
Eggs – August 17, 2023
Posted on August 17, 2023 Leave a Comment
Last post on Eggs: https://atomic-temporary-44460632.wpcomstaging.com/2023/02/14/eggs-february-14-2023/ Might want to buy up some eggs … if still bullish believe this measured move will be a low for eggs and then off to the races higher? If we blow thru these levels to the downside then a larger correction is ensuing … for now, watch the .786 and […]
JNK – August 16, 2023
Posted on August 16, 2023 1 Comment
Last post on JNK: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/27/jnk-geometry-june-27-2023/ Well, we have a BUY PATTERN on JNK right around the “key” trend line … that’s been holding the Junk Bonds up for all of 2023 and the last quarter or so of 2022. It’s important .. doing “basic” trend line construction we can see the “minor” purple line will […]
US Dollar Index – August 14, 2023
Posted on August 14, 2023 Leave a Comment
One of my first teachers had an amazing saying and it’s one that has stuck w/ me for 15+ years. When your trading/investing – you might not realize it – but you truly are playing with giants. The amount of money flowing right now, not even while the NYSE is open is mind boggling. And […]
TLT – August 12, 2023
Posted on August 12, 2023 1 Comment
IF my count is right … (remember, my Elliott abilities are like my golf game 😉 then we have started another move down in bond prices but I do believe this is the 5th and final wave of just the first wave down … that being said, w/ all of the “noise” and “sentiment” w/in […]