A Miserable Cycle of Bonehead Investing
Posted by: Geoff On: December 28, 2015
This is what NOT to do:
End of the bull market?
Posted by: Geoff On: September 3, 2015
In August, in fact the week ended 8/21/2015, the market made a significant turn. The weekly indicators (moving averages, linear regression curves) turned bearish for the first time since 7/2011. The Dow downside targets are 14,500-13,700 or as low as 11,000 S&P downside target 1560-1400 The SPY is the ETF Read More
Has Oil Bottomed?
Posted by: Geoff On: March 6, 2015
Since everyone is watching the great gas prices of January, disappear I thought I would put up a chart on oil futures. My wife noted that she paid 2.19/gal for gas in January while now it is at 3.29 here in Colfax, CA. The downswing in oil has brought the Read More
Stock Market Sell Signal
Posted by: Geoff On: October 13, 2014
Today I got the sixth sell signal of my long term indicators. This marks six out of six indicators all pointing down, a rare occasion. These include long term as well as short term indicators. Both the Nasdaq and S&P have broken thru support, including a major up trendline on the Read More
Tags: stocks
Nasdaq 100 due for correction
Posted by: Geoff On: January 22, 2014
The Nasdaq 100 has gone from 1040 to over 3600 since 3/09, just less than 5 years. Looking at the monthly chart, the ADX shows it’s in dangerous territory, overbought and due for a correction. But before taking profits or shorting I would be looking for the ADX to cut Read More
New Highs (again) on the S&P. Will it ever end?
Posted by: Geoff On: April 11, 2013
The S&P continued toward my target in the 1600 area, in fact I believe it hit the 1.618 Fibonacci move today and could retrace from here. Several indicators of that possibility. It is way beyond its upper Bollinger Band, it is possibly forming its third bearish divergence against the Ergodic Read More
Are Bonds the next bubble?
Posted by: Geoff On: March 10, 2013
Interest rates have been extremely low for a good 5+ years now. And we know its because of the Fed keeping the discount rate at zero and pumping free money into the sytem. But nothing goes on forever and I have to wonder is the bond market the next bubble. Read More
Tags: bonds market bubbles
Weekly Indices are all up, up and away!
Posted by: Geoff On: March 9, 2013
The S&P is 25 points away from its all time high at 1576, so it has yet to confirm the Dow record. However it put in a strong week and other than the ADX which is giving a cautionary signal, all seems well. The markets are up, not because the Read More
Other Stock Indexes Lagging the Dow
Posted by: Geoff On: March 6, 2013
Even though the Dow has made new highs, and looks quite strong here at around 14,300, the S&P still has to exceed 1576 to take out its highs and its just at 1541. This lack of confirmation by the other indices is a bit of a warning not to be Read More
VIX Market Buy Signal
Posted by: Geoff On: February 28, 2013
Yesterday gave a confirmed VIX buy signal. The last four of these signals have delivered the goods, however, the last confirmed sell signal took two weeks before a dip and that wasnt even to the level of when it occurred. The chart below is courtesy of Springheel Jack.