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%AB = %CD and, well, that’s all she wrote …XIV

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 […]

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GE – ratio analysis, it’s the lowest in 40+ years

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 […]

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Blackstone Group .. they always show their cards at the ‘perfect’ time …

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?  […]

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Honored to present at the Chart Summit this weekend ..

here is the brief, click on the link below: Chart Summit Amazing event JC …

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Elliott Wave, Porn Hub, Hawaii Missile Warning and @chartsummit. From Bitcoin to Boners …

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 […]

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now the 7th update on the US Dollar

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, […]

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I STILL think this is a big deal … Utilities… an update…and another update

1/2/2018- after the failure of the measured move target, we came up with some additional targets. it certainly appears we have TWO 3-drives to a top patterns coming together w/ very nice time symmetry.  not to sound the alarm here BUT this has the makings of a very important and large top for the Utility […]

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Heating Oil … never done a correction bigger than 73% and were pretty much there …UPDATE

1/1/2018 – update to heating oil.  first off, learn to use percentage moves on log charts.  this was certainly a beauty.  second, looks like some stiff resistance coming up for Heating Oil. Yes, I know we have frigid temperatures BUT trade what you see not what you believe …   ______________________________________________________________________________________________________

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