Uncategorized Category
Crude Oil Update, ratio of XLE/NYA, HYG and Crude and a bunch of other stuff
Posted on June 3, 2018 Leave a Comment
11/10/2018 – overall, our key 75-76 level was hit and has caused the sell off. take a look at the charts below … some critical developments: the XLE/NYSE Index ratio has hit a perfect BUY PATTERN so expecting the energy complex to bounce/hold/consolidate as this level holds. IF IT FAILS then the sell off will […]
GWPH Greenwich Pharma is using Cannabis for this Lennox Gastaut Syndrome.
Posted on June 3, 2018 Leave a Comment
This company is about to launch and AMAZING ‘treatment’ called Epidiolex for Lennox-Gastaut syndrome, a rare, severe and difficult to treat form of childhood onset epilepsy. These children and their families are suffering thru up to 200 seizures a day. By dropping a couple of the Epidiolex drops into their mouth they are seeing amazing […]
Technology vs Staples (XLK / XLP) Ratio Analysis
Posted on June 3, 2018 Leave a Comment
I like Ratio Analysis … I also like to work w/ the patterns on these charts. If you have been reading my blog for a while, you know that I ‘try’ (the operative word) to not read, watch or listen to any ‘other’ financial news commentary. Yes, there are people that I follow and am […]
DB (Deutsche Bank) House of Cards?
Posted on May 29, 2018 1 Comment
05/29/2018 – if you search ‘DB’ on my site you’ll see I’ve been watching this company for the past couple years. Why? Well, they are the largest holder of derivatives in the world and have so many ‘tangling alliances’ w/ the major global banks that they contain some serious systemic risk. folks, this is getting […]
IBM pattern failure …
Posted on May 21, 2018 2 Comments
11/2/2018 – ouch. The area labeled ‘FAILURE OF PATTERN BELOW’ is one of those levels that ‘should’ have acted as extremely nice support for IBM. Guess the operative word is ‘should’ w/ regard to that last sentence. Take a look at that candle … boom. That folks, is what a pattern failure looks like. so, […]
IWM … caveat emptor and check out where price hovered today in my P.S below … cool.
Posted on May 17, 2018 1 Comment
I’ve seen the very strong strength shown by IWM (ETF for Russell 2000) but I also see 5 waves and monthly bearish divergence. I’m not ‘sold’ on the bullish aspect of this ETF, yet. Let’s see how it deals w/ the 2 daily butterfly patterns (bearish) that are present right in the zone of the […]
back at it … just got back from a week long Stand Up Surf Camp … where are we now?
Posted on May 13, 2018 Leave a Comment
amazing week in Punta Mita Mexico … after my daughter got married my wife ‘allowed’ me to take some R&R. Worked hard for a week on my SUP skills w/ these guys: https://supnsurfretreat.com/ if you have any interest in Stand Up Paddle Surfing do this … shout out to Chris Sfor ALWAYS being patient w/ me. […]
RATIO ANALYSIS of XLP/NYSE Index – ain’t bearish folks, yet (UPDATE June 3, 2018)
Posted on April 23, 2018 Leave a Comment
06/03/2018 – quick update to the XLP/NYA ratio. Still waiting for a BULLISH SRC to signal a ‘institutional shift’ to risk off assets in the form of staples and this ratio finding support (XLP / NYA) and starting to rise. While we did get a BULLISH MONTHLY HAMMER CANDLE in May we still have lower […]