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DB .. KEY BUY PATTERN in work … like I said at the Chart Summit “not sure which work and which don’t” (pattern)
Posted on February 11, 2018 Leave a Comment
Deutsche Bank – they hold the largest amount of systemic risk in the global banking environment. As discussed at the Chart Summit I love failed patterns. We have a BUY PATTERN appearing below on DB … if it holds, breathe a sigh of relief and a move upward ‘should’ occur and that ‘should’ relieve pressure […]
%AB = %CD and, well, that’s all she wrote …XIV
Posted on February 9, 2018 Leave a Comment
I don’t like to post ‘after the fact’ but I was on some business travel this week and away from my charts. A while ago I could see the parabolic rise occurring in the XIV (inverse VIX) and made a calculation using log percentage moves * .618. While the market pulled back (XIV) from this […]
GE – ratio analysis, it’s the lowest in 40+ years
Posted on February 3, 2018 1 Comment
02/03/2018 have been eyeing GE BUY for the past couple weeks and am still hawking the 13.70-14 area. decided to do a ratio analysis of GE/NYSE. Folks, it’s the lowest relative strength for GE versus the boarder market (NYSE) in 40+ years. from a contrarian perspective .. this puppy is really really beaten up. am […]
Blackstone Group .. they always show their cards at the ‘perfect’ time …
Posted on February 1, 2018 Leave a Comment
I remember sending a client either a text or an email … don’t remember which medium but the content was basically “man, that’s going to stink IPO’ing right at a top for Blackstone….” Just today I read that are leading the biggest buyout since the 2007-2009 financial crisis … are they a reliable contrarian indicator? […]
Honored to present at the Chart Summit this weekend ..
Posted on January 27, 2018 2 Comments
here is the brief, click on the link below: Chart Summit Amazing event JC …
Elliott Wave, Porn Hub, Hawaii Missile Warning and @chartsummit. From Bitcoin to Boners …
Posted on January 19, 2018 2 Comments
Thrilled to be a part of the upcoming Chart Summit hosted by the infamous wine connoisseur, sushi expert and occasional chart geek JC from @allstartcharts. I owe a lot to JC as he is the one who got me blogging years ago and I am extremely proud of everything he has done for his business […]
now the 7th update on the US Dollar
Posted on January 3, 2018 Leave a Comment
01/03/2018 – our low forecasted in September below came in ‘on time’ and I’ve been waiting for the next pattern to appear. Please see below and consider: this is a PERFECT BUY pattern but just like the XLF sell pattern a few months ago they can and will fail! so, we are pretty much here, […]