Posts Tagged ‘spx’
Indicators Will Enter An Off Cycle
Off cycle is what I call it when an indicator goes from working the way “its supposed to” to not working the way its supposed to. It happens in every indicator. What you normally know as a buy signal ends up really being a sell signal in terms of price action and vice versa. This …
Still Looking For Market To Cap Off The Month
Currently futures are down testing some areas. Futures probably down on Japan’s market/fakeout for the people who are bearish. I’ve said already I’m looking for the market to finish this week and month close on the high end tomorrow. If I’m wrong, either way, tomorrow IMO is definitive for the next move. If we close …
URZ Jumping Out Ahead
Due to a .50 move today in URZ its very close to overtaking AUGT in my 7 stock portfolio. AUGT is at 47% and URZ is at 42%. I actually added to my URZ position today thinking it may catch that parabolic rare earth metals poppage, but who knows. DNN also continuing and doing well. …
Opportunities Are Getting Thin Up Here
Looking over my screens the list of potential plays that haven’t been in an uptrend yet is pretty thin. The number of stocks starting to turn downwards is beginning to grow. I’ve been skipping out on blogging on Fridays for the past several weeks/or months (not sure), but I cut my index longs by 50% …
Same Plan Nothing Has Changed
I’m not looking for a top, I will let the top tell me when that is. I know a few visitors are not liking that I continue to talk about doing nothing, but that is my plan. I’m position for the move, I’m riding the move, I’m not analyzing it because according to my system, …
