Saturday, April 12, 2014

Big money flowing to long term bonds ?

Key long term resistance is quite clear
Watch the SPX next week, we might soon see a real break out (up) in
long term bonds

Tuesday, April 1, 2014

Expecting a crash, watch Techs

While the SP 500 is making another high, Techs are not ...
Divergence is quite clear ...
Techs now make up almost 17% (sector weighting of the SPX)
Crude oil is also reversing into a bearish pattern
Large caps (heavy weights) of the SP 500's chart do not look as good !
Be a contrarian !
Focus on Gold, Silver, Bonds

Friday, March 28, 2014

Gold and Silver update

Weekly Gold and Silver update ;
Gold ; Big picture is still ... intact ... Huge ABC pattern !
Silver ; Same story, with a more "volatility" ...
Focus on the "big picture"
Gold key re entry ; 1400
Silver key re entry : 25

Saturday, March 15, 2014

iShares China Large-Cap (FXI)

China large cap ETF (FXI) weekly chart
Long term pattern = Lower highs
Note those two clear "fake moves"
Heading lower to test that "last key support"
Target ? Do not look at that 2008 level, we might even go lower once we find out the "truth".

Wednesday, March 12, 2014

Silver ready for a huge move ?

The ABC pattern in Silver is intact !
The wider the pattern, the stronger the break out !

Tuesday, March 11, 2014

Apple Inc. (AAPL)

Apple Inc. (AAPL) chart analysis ;
Key trend, broken
Current key support level confirms ex key resistance
Current pattern ? Lower highs
To turn bullish ; Price has to get over $560
Tu turn bearish (short) ; Price has to drop below $510
Gut feeling ? Neutral

Friday, March 7, 2014

Copper warning signal

Copper warning signal confirms China slowdown and a crash ?

Wednesday, March 5, 2014

Plan a trade using Yahoo! Inc. (YHOO)

When I "plan a trade" I tend to look at the following ;
1) What basic moving average "sticks" to that stock
2) How long has the "trend or channel pattern lasted"
3) Facing a pattern reversal ?
4) Levels, what are the key levels
5) Gut feeling ... Yes, you need it
Blue arrows show what I consider to be the next probable scenario.
Put options linked to that light green arrow or to the 100 SMA level ?
How many weeks/months do I need to be sure to end up deep in the money ?

Tuesday, March 4, 2014

Charting bitcoin

After facing a major fall, daily prices seem to have found a reliable support level.
Current price chart is "hourly"
Key resistance level is broken (use it as your key support)
660 should be a warning level if we pull back

Saturday, March 1, 2014

Direxion Daily Financial Bear 3X Shares (FAZ)

Keep your eyes on this financial ETF (Bear) if financials are hit next week due to recent events
in Ukraine

Banks exposed to Ukraine ?

Watch out for probable move in financials, what banks are exposed to Ukraine ?
Russian banks for sure, who else ?

iShares Silver Trust (SLV)

Silver ETF (SLV) update
You can read my recent posts on why I have remained bullish on Silver.
Higher lows pattern was intact.
This is what I see ;
We need a key event (geopolitical, or other real nasty news coming out of China).
Focus on that key entry level and the key target

SP 500 probable scenario

Ukraine, Venezuela, and a very overbought market should be all the "warning signals" you need to focus on right now.
Last move from the SP 500 could be a probable "fake" move.
Expected scenario is a pull back towards the 200 days moving average.
We really need a channel pattern

Tuesday, February 25, 2014

Erdogan, get out !

Turkish prime minister Erdogan should get out ... now !
We need a major event to break out of this downtrend
Expecting the blue arrow scenario if Erdogan is "pushed out" 

Tesla Motors, Inc. (TSLA)

Time to buy cheap put options on Tesla
Let the fools push it up ....

Sunday, February 23, 2014

Silver update

Been bullish on Gold and Silver for several months (see older posts)
So why do I focus on Silver ?
More volatile (great for options)
First target is clear 

Saturday, February 22, 2014, Inc (CRM)

Salesforce (CRM) weekly chart
Earnings coming at the end of the month
Assume that the good news are "priced in"
Possible spike up prior to earnings, then expect a pull back, into a long channel.
Fundamentals do not look that good (so far)
Waiting for earnings, then will decide to short or not

Tuesday, February 11, 2014

Tesla Motors Inc (TSLA)

Tesla (TSLA) update. See previous calls for the short call
Current move = Probable "fake move"
Do not chase it
Let other fools do it
Check the fundamentals, and remember that they report on the 19th of this month
Short trigger stands at 185

SP 500 update

Broken main trend is clear ; Connect the lowest low to the low prior to the highest high.
Short trigger level is quite clear
Notice how often charts tend to "give you an advance warning level", as if the invisible hand is trying to help you out :))))

Sunday, February 9, 2014

Ford Motor Co. (F)

Quick long term look at Ford (F) using the option market as a key indicator
Long term resistance is clear
Target ? Ok if the SP 500 does pull back hard
Now lets see what the Jan 2015 (strike at 15)  Put options tell us
Volume over 13,000
Big volume interest
Someone knows something we don't ???