Hidy Hidy Hidy Hi! Hody Hody Hody Ho!
Hidy Hidy Hidy Hi! Hody Hody Hody Ho!
Tuesday, May 31, 2011
How about that $750 annual Obamacare tax on the Middle Class? Most of those 50 million who still won’t be... http://ping.fm/biM69
Obama was the second largest recipient of Fannie/Freddie donations leading up to the 2008 Election. Dodd was... http://ping.fm/owozx
Intra day SPX Wall of Worry (SPX vs VIX) bearish collapse/rise in complacency; see http://yhoo.it/9N9NgU
The SPX Super Bull Market since 1932 ended with a bearish double top in March 2000/October 2007, see http://bit.ly/FypjN.
5 day Euro ETF FXE/WMT/QQQ/DJUSFN vs SPX Lead Indicators are mixed (SPX following Euro); but, three are bullish, see http://yhoo.it/fA40HO
Intra day Euro ETF FXE vs SPX Lead Indicator is slightly bullish, WMT's slightly bullish: see http://yhoo.it/fM5IxD
Five day SPX Wall of Worry (SPX vs VIX) very bearish collapse/rise in complacency continues; see http://yhoo.it/cgokEo
Three Stocks That Appear to Have Hit Major Cycle Lows Recently Are BCON, DEXO, and FTWR http://goo.gl/fb/TJTiv
Long Term Bond ETF BLV has an Up Down Up Down pattern since late 2008, Wave 5 Up now, see http://yhoo.it/ikj9h9
SPX bounce the past few days is probably a counter trend Short Term Wave 4 Upcycle, see http://ping.fm/u7nJ1
Monday, May 30, 2011
Saturday, May 28, 2011
Three Stocks That Appear to Have Hit Major Cycle Lows Recently Are BCON, DEXO, and FTWR
Three Stocks That Appear to Have Hit Major Cycle Lows Recently (based on extremely strong price/volume action, looks like a strong buy signal in each case; the Elliott Wave count, bullish weekly candles in the case of BCON and DEXO) Are BCON, DEXO, and FTWR, see the second Weekly View charts at http://stockcharts.com/freecharts/gallery.html?s=bcon, http://stockcharts.com/freecharts/gallery.html?s=dexo, and http://stockcharts.com/freecharts/gallery.html?s=ftwr. DEXO has the best looking/most bullish/"cleanest-looking" Daily and Weekly View charts.
I'd wait for more follow through to the upside in each case, especially since the overall Stock Market appears bearish both near term and long term. There's always more risk when one trades or invests without the wind/Market at one's back.
Also, FEED might have hit a Major Cycle low on Friday 5-27-11, see the second Weekly View chart at http://stockcharts.com/freecharts/gallery.html?s=feed.
Friday, May 27, 2011
Thursday, May 26, 2011
Wednesday, May 25, 2011
Largest SPX (S & P 500) Component XOM is Doing an Anemic Wave B
Largest SPX (S & P 500, http://stockcharts.com/freecharts/gallery.html?s=spx) Component XOM (Exxon Mobil) is Doing an Anemic Wave B counter trend move, see http://stockcharts.com/freecharts/gallery.html?s=xom. Also, note the bearish 88.23/88.13 double top.
Tuesday, May 24, 2011
Light/Bearish SPX (S & P 500) Volume Again Today
Light/Bearish SPX (S & P 500) Volume Again Today (Big money's not stepping in), and, the Daily View candlestick chart looks bearish, see http://stockcharts.com/freecharts/gallery.html?s=spx. SPX appears to be in a Short Term Wave 5 Downcycle.
Saturday, May 21, 2011
Friday, May 20, 2011
Thursday, May 19, 2011
Wednesday, May 18, 2011
The US Dollar is Now Probably in a Cyclical Bull Market
Since late 2008 (and since mid 2010) UUP/USD ETF has done an inverse Elliott Wave 12345 down up down up down pattern, see http://finance.yahoo.com/q/ta?s=UUP&t=5y&l=on&z=l&q=c&p=v&a=fs%2Cw14&c=, and, volume exploded recently, see http://finance.yahoo.com/q/ta?s=UUP&t=5y&l=off&z=l&q=c&p=v&a=fs%2Cw14&c=. Also, check out the second Weekly View Chart (and the first Daily View Chart) at http://stockcharts.com/freecharts/gallery.html?s=uup.
So, it looks like UUP probably put in a very important Cyclical Bear Market Cycle Low recently at 20.84, which means that UUP and the US Dollar are now probably in a Cyclical Bull Market, which is bad news for the stock and commodities markets.
I'm looking to Go Long the USD ETF UUP in the next few days, see http://stockcharts.com/freecharts/gallery.html?s=uup. UUP put in a Short Term Cycle High at 21.76 on 5-13-11, and, it looks like it'll put in a Short Term Cycle Low in the next few days.
Friday, May 13, 2011
Wednesday, May 11, 2011
Monday, May 9, 2011
Sunday, May 8, 2011
Friday, May 6, 2011
The Euro Might Have Put In An Intermediate Term Cycle High on 5-4-11
The Euro Might Have Put In An Intermediate Term Cycle High at 149.40 on 5-4-11, see the Daily and Weekly View charts at http://stockcharts.com/freecharts/gallery.html?s=%24xeu. Note the Elliott Wave 12345 up down up down up pattern (also an inverse ABC up down up pattern) in the second Weekly View chart since the early June 2010 Intermediate Term Cycle Low at 119.13, and, note the bearish weekly long dark/red candle this week, probably a bearish dark candle reversal this week by the Euro.
If the Euro has turned bearish (likely) that's an ominous sign for the Stock Market, and, for Commodities. Also, the USD appears to have bottomed, see the USD ETF UUP at http://stockcharts.com/freecharts/gallery.html?s=uup.
Follow me on Twitter at http://twitter.com/#!/tradethecycles.
Thursday, May 5, 2011
"LOVE HOW THE STORY KEEPS CHANGING"
Yahoo Comment by "Fred"
LOVE HOW THE STORY KEEPS CHANGING making it had to believe anything we are told,truth is the seal team entered and assassinated an old unarmed man and making up a story how he lunged for a gun,at the first sign of trouble bin laden would have armed himself in seconds,and would have had plenty of time to be ready to fight back,he planned to surrender but got assassinated instead..tell us the truth
Monday, May 2, 2011
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