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I always recommend when it comes to bull markets, "nibble on dips, and enjoy the rips." No need for profit taking, but when capital needs to be invested the best modus operandi is to wait till price falls and confirms a bounce off the pivot points to the right. I want to put in your minds eye, your third eye an image. A warzone between warring Viking clans. I...

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Quick comments in this analysis. I tend to find just looking at the direction the ema ribbon, or red 20dma is an easy way to tell the underlying trend. Clearly it is still bullish. I was wrong in the latest TA on the S&P 500 I posted. I foresaw a drop through that ema ribbon that did not materialize. That next week I closed that short for a loss, as...

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Measure Rule for price targes: Compute the height from the start of the price swing to the end of the price swing and then multiply it by the above “percentage meeting price target.” Add it (upward breakouts) to the bottom of the flag or subtract it (downward breakouts) from the top of the flag to get the price target. Also from Tom Bukowski: "If the flag...

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According to Tom Bulkowski - the king of patterns: Ascending Triangle: Important Bull Market Results Overall performance rank for up/down breakouts (1 is best): 16 out of 39/30 out of 36 Break even failure rate for up/down breakouts: 17%/38% Average rise/decline: 43%/13% Throwback/pullback rate: 64%/63% Percentage meeting price target for up/down...

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Well there sure is a lot of hype about BTC this weekend huh? Huge conference for institutions coming up early Feb. We have billionaires like Jack & Lord Musk changing their bios to #bitcoin. The S&P 500 technical indicators appear bearish, not making any recommendations but I have entered a leverage short on the S&P500 & Nasday. I have been called a permabull...

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I am not in GameStop to make any money. I purchased some shares of GameStop to make a point. To be real, in the initial hype I did not think anything of it, but post the Lord of the Sith shutting off access to Retail from buying... I saw the rules of the game break. Totally unpresented. In all of these years trading I have never seen a company only enable...

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Strong value, with my anticipation of just risk off into earnings. Post earnings I anticipate a trend continuation.

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The Bank of Israel carried out a series of quantitative easing measures for the first time since the global financial crisis, buying government bonds of various types and maturities in the open market. As such, Israel stocks showed strength as economic damage from the coronavirus outbreak was less than initially feared. Holds 39 stocks in its basket with AUM of...

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I am thrilled to see Musk capture the title of richest man recently. He is a class act & I respect his entrepreneurial attitude/life style. His book by Vance is an absolute must read. Tesla I think is a company that is a wonderful example of investors putting their capital where their values are. I know that Tsla is 1078% away from it's 52W low & appears to be...

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Microsoft offers: Office, Exchange, SharePoint, Microsoft Teams, Office 365 Security and Compliance, and Skype for Business, as well as related Client Access Licenses (CAL); Skype, Outlook.com, OneDrive, and LinkedIn; and Dynamics 365, a set of cloud-based and on-premises business solutions for small and medium businesses, large organizations, and divisions of...

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Happy start to 2021 Friends! I hope this chart finds you having a blessed start to the year. I'm sure we have all heard the expression, old resistance turns into new support. Well this has indeed particularly been the case in the dollar, and the visual of it becomes distinct when we overlay the dollar on a monthly TF with our Fibonacci levels. This analysis took...

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Nice day for the dollar, non-ideal for us in gold longs. Gold took a steep dive today. Why? Jobs report did not come out hot indicating the recovery is going to take longer potentially The dollar actually rose today, and I am assuming that this was driven a bit because of the jobs report. TIP also dropped today (iShares TIPS Bond ETF) People may be...

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A chart Peter Schiff does not want you to see. Bitcoin is no doubt David in the fight against safe haven goliath gold. Bitcoins market cap is growing at an incredible rate, and I imagine as seen in this chart there have been a lot of selling into BTC. Let's now view it below with a gold cryptocurrency.

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Hey guys! Hope this analysis finds you having an incredible week, and ready for an even better weekend! Please kindly like this chart if you found this content helpful! Ok let's dive in! Lockheed Martin is still officially in a bear market. It is still 30% away from its all time high, with the technicals on the weekly indicating very tough days ahead for LMT...

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Nice consolidation period while we all wondered if the dollar was going to continue to erode away. Bull market still in-tact clearly with the ema trend indication followed by strong buy volume well above average. I anticipate consumption will increase into next year, and demand will rise while at the same time we will see the continued self-fulfilling...

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Well we hit my 2021 end of year ETH target in the first week of the year guys. :) I recommend continuing to stay long guys...I am not personally adding at this point, but if you have been following along since the $340 range and accumulated all through till $500, then you know we are now sitting pretty and can handle some horrible volatility while still...

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This battery startup is in the right space at the right time. Headlines showcasing an environment that will be opportunistic for powerful moves. Think about what the market has priced this at? In three months a market cap almost the size of Ford? Seems like risky business to be long here at this staggering price, but who knows maybe they are sitting on some...

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Really interesting close. Excited to see where futures open on Sunday. I continue to remain risk on in equities.