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Category Archives: Technical trading
Today’s Market Analysis
It’s best to be heavy (30-50% or more) in cash if you insist on being a market investor. The idea is to have funds available to buy after the market turns around to the upside. Keep your stops tight, it’s better to sell … Continue reading
Market and economy and what to do now
In my last blog, 4/26/11, I talked about the short-term market conditions and how it is weak. Because QE2 is not over yet (this is due to end at the end of June) the buying continues and because others see the market as topping out … Continue reading
Silver And the Market
As usual the market went up after I issued a short-term sell. This is usual since my indicators are ahead of the actual market. This gives you time to get out of weaker positions and get into defensive ones. My short-term sell … Continue reading
Where’s the Market Headed?
This is a question a lot of others are asking. The quick answer is that the short-term trend has just started down. Far new subscribers the short-term is about one to two weeks. I think we all can agree that a … Continue reading
Silver Taking a Breather
It’s about time that silver and gold are going to take a rest and consolidate a little. From the stockcharts.com chart below you can see that the probable resting point will be around 23 to 25. When it reaches this point … Continue reading
Hindenburg Omen Triggers a second time this year
This indicator has been 77% succesful in the past. I’m not sure if two times within the last year has any more significance statistically, but the market doesn’t look good, so caution is the word for the day. See the http://Stockcharts.com link … Continue reading
Posted in Investing, Stock market, Technical trading
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The Market has given an intermediate term sell signal
This is a short post. This morning, at 11am, my charts are indicating an intermediate sell signal. This will generate a 1-2 months market decline. The NYA is at 7,510 and when it goes below 7,400 the sell signal will … Continue reading
Where’s the Dow headed from here?
Chart of the Day For some long-term perspective, today’s chart illustrates the Dow adjusted for inflation since 1900. There are several points of interest. For one, when adjusted for inflation, the bear market that concluded in the early 1980s was … Continue reading
Posted in Investing, Stock market, Technical trading
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Confirmed market up trend
Don’t ask me why this market is headed up, I can only guess. The fact that gold and silver is also headed straight up leads me to believe that the weakness in the US dollar has something to do with it. … Continue reading
When are you wrong about reading the charts?
Yesterday the market (NYA) shot up through the resistance line (see the below chart), does this mean that the market is not going to turn down any time soon? The answer is that we don’t know yet. There’s always two sides to … Continue reading
Posted in Investing, Stock market, Technical trading
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