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LIBOR Rate – April 30, 2023
Posted on April 30, 2023 Leave a Comment
The LIBOR rate is an important gauge … for a better explanation that I can provide please see: https://www.investopedia.com/terms/l/libor.asp Basically, it’s the rate that banks charge each other to move a “shi&t ton” of money around overnight. It’s HUGELY important .. in fact, Mr. Martin Armstrong picked up some LIBOR issues around August before COVID […]
AMZN – April 27, 2023
Posted on April 27, 2023 2 Comments
hard to believe that I derived the targets shown above below in January. pretty crazy. what was important about today was AMZN performed a calendar day square out. in the world we live in (i.e. if your reading this blog) PRICE and TIME are the SAME THING. PRICE=TIME and TIME=PRICE. So, a PRICE of $50 […]
TSLA – April 27, 2023
Posted on April 27, 2023 1 Comment
Last post on TSLA: https://atomic-temporary-44460632.wpcomstaging.com/2023/04/05/tsla-update-april-5-2023/ If correct, TSLA is off to new highs. Stops to remain below the lower green gap area ~145.
Banking Index – April 24, 2023
Posted on April 24, 2023 1 Comment
Last post on the Banking Index: https://wordpress.com/post/bartscharts.com/21122 Well, guess you can say “here we go” or “lets get it on” (cue UFC John McCarthy) … Banking index has complete the ABCD from the low and the “scary” times … it’s all good, correct? Well, guess we will just have to wait and see. Next stop: […]
VIX – April 23, 2023
Posted on April 23, 2023 Leave a Comment
Last post on the VIX: https://atomic-temporary-44460632.wpcomstaging.com/2023/01/20/vix-january-20-2023/ The VIX reacted to the first ABCD in/around 17 but that “bigger” ABCD laid in wait. It has been hit …. I just got back from my SUP Veterans Retreat and have been completed off the grid for a week. DO IT – just like Mikey, you will like […]
S&P 500 – April 09, 2023
Posted on April 9, 2023 1 Comment
Last post on S&P 500: https://atomic-temporary-44460632.wpcomstaging.com/2023/03/21/dollar-and-stocks-march-22-2023/ All eyes remain on the USD. we have a large target looming a little lower. That being said, we are approaching a very critical time from a cyclic perspective. We have also completed a “valid” SELL pattern on the SPX. So, we either start down early this week or […]
TSLA (update) – April 5, 2023
Posted on April 5, 2023 2 Comments
Last post on TSLA: https://atomic-temporary-44460632.wpcomstaging.com/2023/03/08/tsla-update-march-08-2023/ Well, the BUY PATTERN shown in the last update hit, went thru it a bit, and then started back up. If you look on this two hour chart, you can see that 5 waves up are complete from the low at (2) so, IF that (2) is correct, then expect […]
PHLX Semiconductor Index – April 05, 2023
Posted on April 5, 2023 1 Comment
Lot’s of fundamental information out there about China and sanctions and blah blah. Something about semi-conductors and blah blah. So, took a peak at the PHLX Semiconductor Index and it smashed into a pretty nice SHORT PATTERN ZONE (abcd, 4 ratios, gap (small), other stuff) and, just doing some back of the envelope math, if […]