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Showing content with the highest reputation since 11/10/2023 in all areas

  1. My daily swing trade screens of roughly 1300 actively traded stocks trading above $6 did not make a third day in a row of more sell than buy signals. Yesterday's score was 40 to 26 buys to sells. Meaningless information for your morning consumption prior to the daily post coffee elimination round. Swing Trade Screen Picks – November Was a Good Month, List Still Mostly Long
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  2. DAX again with new all time high.
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  3. $11 billion T-bill paydown just announced to settle next Tuesday. Janet Claus is coming to town.
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  4. The long term statistical correlation between the EUR/USD exchange rate and the performance of US Stocks is not very robust. At times it is near 1.00 and then there are times where it is like 0.50 or so. I would intermarket analysis not completely disregard, but the problem with it is, that the correlations are not very robust and change over time. Then the hen/egg problem: Sometimes it follows oil, that leads to higher USD, which then leads too... bla bla bla... Intermarket analysis is a wonderfull thing to talk about in hinsight. But for real life trading completely useless. Trade your own multi million dollar account with all your life savings in it and then we will talk about intermarekt analysis again...
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  5. Ford Pinto you say? Nah, you gotta hand it to the Germans--you make great cars.
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  6. You're now in the...Event...I spoke of in the "Dust in the Wind" Chart. Click Here 2020 was the first ripple. Here comes the second. The CoinGuy
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  7. Treasuries are rallying despite a huge coupon settlement coming up on the 30th. But the auctions are done as of today. I guess it's a relief rally. But they still have to pay for them on Turdsday.
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  8. I honestly don't recall ever owning or wearing a leisure suit. Banlon?
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  9. If you want to put a specific time frame to it, if I understand this correctly, it's either 4 weeks and 3 days, or 9 weeks and 5 days. 😉
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  10. Will do. Godspeed to you...
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  11. Thanks TCG I will add my 2 cents... Still watching AAPL AAPL: 12.10.21 to 3.29.22 - $180 6.30.23 to 11.##.23 - $195 Getting close... my MACD, KVO already rolled over... stochastic is pegged almost at the top... when this rolls over, will be full on short...
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  12. Deflationary Depression? I am in complete agreement. In the SPX, I have been watching for a peak on the two-year anniversary of the high in the ^IXIC, which is the 22nd(and perhaps a gap fill from the August 2, 2023 gap?)...but it could come in early. Rest assured you better have plans after this turn because you're heading into the drink. The "Twin Peaks" Formation is now complete and the secondary peak does not usually make a new high...although, it is possible, but the odds are low. This peak is where you walk away from all other patterns and follow the conclusion of the "Twin Peaks" specifically. I'll get right to the point....a literal nightmare is unfolding right before your eyes. The pattern is now complete. In July I was adamant about this advance from the October 13, 2022 lows being akin to the secondary advance(to the peak) in the Cryptocurrencies...both numerically...and psychologically speaking. So... With my "parting shot" I'll say this. Bring up BTC from June 21, 2021 to the "secondary peak" at November 9, 2021. Now...take a look at MSFT from its November 4, 2022 low to the secondary peak were attempting to put in at this very moment. Please note the pattern... Once you're back through 350, it's game on IN ALL MARKETS. 225 will be the first point of rest. Have ZERO concern with NVDS. You're traveling with me and I'm not in the business of guessing. I won't be here at 2,240 to 2,250 in the SPX...You'll soon see me popping up in some other fashion. Please remember. This market will not resolve itself...for years. Everything you need going forward is in my charts in the archives. Nothing new is needed... Best of luck to all. The CoinGuy oh...and... I have again looked over the BIM 5.0...it's dated, but it still stands. What you want to watch for is this. 1,920 in the ^XOI AND the GLD(at 192). These are walls...IF those walls are broken, you have to respect them. If each market falters....then you know the truth as to where both of them are going...and...don't forget the SPX IS in the same boat....4800 times 4 is? 192? No one, not one bothered to ask. Why? I'll say it again. Everywhere in this market right now. Look for 35/70...it is the KEY to the stock market. For my goldbug friends. Gold(and silver) can decouple here, but the likelihood is quite low. As of this moment, I believe we're going to walk with the broad market through one more decline...then walk away, but I could be wrong. 192 in the GLD will tell you the truth...let everyone else be a liar. If the GLD walks the path of the BIM 5.0 it will take you completion.
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  13. Not necessarily. It will come out of the RRP slush fund. I warned 5 years ago that the RRPs would be a slush fund that would support the market when the Fed went into a tightening cycle. Got that right.
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