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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 […]
Shanghai Composite – August 11, 2023
Posted on August 11, 2023 Leave a Comment
Last post: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/05/the-shanghai-dominoes/ As discussed in the last post, focused on China as they are one of the leading markets … Down 2+% today and down 3% for the week. Sitting right on the long term LOG trendline … believe if we break that trendline, most all else should follow.
MSFT – August 08, 2023
Posted on August 8, 2023 1 Comment
From the last post on MSFT: https://atomic-temporary-44460632.wpcomstaging.com/2021/09/01/msft-in-outer-space/
AAPL – August 7, 2023
Posted on August 7, 2023 1 Comment
Last post on AAPL: https://atomic-temporary-44460632.wpcomstaging.com/2023/06/27/aapl-june-27-2023/ AAPL smacked into the 1.27 which was also a 1.618 price projection level and has broken down. In face, it has left an island reversal. An island reversal on AAPL .. who the what the? This is a VERY interesting chart as I do think 2022-2023 was a corrective 4 […]
Bonds – July 30, 2023
Posted on July 30, 2023 2 Comments
sounds crazy, but sure looks like bonds are going to break the big support that’s been holding em’ up and, frankly, target the blue zone as shown in the below charts. Ummmm, ouch. Right? If my count is wrong, then we will go up and do another leg to finish the a-b-c corrective move BUT […]
Banks/Financials – July 27, 2023
Posted on July 27, 2023 Leave a Comment
Saw the gap up today – pretty darn impressive – so I immediately went to the XLF and “figured” that it would have gapped up w/ everyone else and blew over the .786 retracement and off to the races. IT DID NOT. Hmmmmm Because of that, I cruised around JNK, XLF, $BKX and KRE and […]
US Dollar Index – July 26, 2023
Posted on July 26, 2023 2 Comments
Well, we are hearing (once again) about the death of the dollar as the worlds reserve currency and all that … that will probably happen but not just yet. Either way, we have hit a VERY important support level on the USD. Measured moves make the world go around … we hit the measured move, […]
