Gold Update

Today's break in gold prices provides price logic confirmation that the rally since Dec is complete.  Most often there has been a rebound after the initial sell off in gold which would provide a lower risk entry.  I don't know if we can count on that here, but that is the tendency at past tops in gold rallies.

Multpiple Market Update

2-27-12 Market Update

Video covers multiple markets and several markets suggest a turning point time frame this week or mid next week. 

Stocks and Gold Update

2-21-12 Update

Possible major top today.  Be/get out of all longs.  Take short trades according to your plan.

Weekend Update

2-18-12 Weekend Update

The implication for the coming months is a strong deflationary theme in the markets.  Patterns in stocks, oil, and gold are all suggestive of lows below the Oct lows within the next 5 months. Once we have some indication that stocks may have made a high, I will detail the specific time and price projections that will confirm (or not) the highlighted patterns.

For investment money, the only thing I am in or would recommend would be UUP or EUO etf's.  Those are US Dollar Bull and Euro Ultra Bear etfs. 

The first concern in investments is return OF your capital.  The second goal is return ON your capital.  Now is a time to be sure to keep what you have.  Even if you do nothing with it, the opportunity to buy longer term holdings at far lower prices will come.

AAPL and the Market

AAPL and the Market

Chart analysis of AAPL and what it may mean for the market.

Video Market Update

2-13-12 Market Update

All the evidence is continuing to suggest a top is very near and that it will be a MAJOR top in stock indexes.  Commodities should be turning down very soon as well, and may have already topped on this bear market rally.

Video Updates - Stocks, Gold, Euro/USD

Stock Market Update

The video got cut slightly short.  I am still getting my setting worked out.  The final part went on to say that if this does continue on as a bull market, the average historical correction in bull markets is 11% decline in 1-2 months.  Given that our market has basically reached the typical price and time frame for a leg up, we should at least be prepared for a typical correction soon.

Gold and Euro/USD Update

The US Dollar is generally inverse to the Euro because of the weightings.  So the US Dollar is likely to continue its rise after the Euro completes an upward correction here at any time.

Updates This Weekend

I wanted to get some video updates out this past week, but I did not.  So I am planning on doing several this weekend.  I plan to do separate videos on several markets including stocks, gold, US Dollar/Euro.

The technical picture is suggestive of a continuing pullback into next week.  I will cover the longer term bigger picture in the update videos.  The Dow is possibly in position to make a double top chart pattern.

Have a nice weekend!

Oil Update and Options

Oil Video Part 1

Oil Video Part 2

These videos have further detail on the oil market and why it is positioned for a major decline into this spring.

Videos Coming....

I am in the process of uploading a couple very important videos for blog readers.  It won't probably be up until around market open.  But keep an eye out for that.  Detailed analysis of oil and what put options I am buying on USO.....