iGoddard

iGoddard

This sudden highly volatile upward surge doesn't bode well long-term, imo.

iGoddard

Trump's presidency was followed by a statistically significant increase in stock prices,(*) which climbed parabolically during anticipation of tax cuts and consequent economic stimulation. Even if Trump's agenda proves to stimulate the economy long-term, at this moment in time, and since February 2018, investors are less confident in their prior rosey economic...

iGoddard

There was a statistically significant bump-up in the stock market following Trump's presidential victory. (*) In 2017, the positive slope of support clearly increased from long-term under Obama (2009 to 2015) forming the shaded area I'm calling a 'bubble' (not to mention the parabolic slope above it). I expect this was due to anticipation that tax cuts would...

iGoddard

Despite FB's historic one-day fall, its current price is still comfortably within its long-term bullish trend. That said, its price may fall further.

iGoddard

A possible future course... Correction to the trend from 2009 to 2015, which amounts to an elimination of the statistically significant equities boost following Trump's election. (*) I don't see why such a correction is necessary, but from a strictly technical pov, this depicts a possible level of support we might see if equities investments slacken. Should the...

iGoddard

While this week saw the largest decline since March, it's still comfortably within the wave-train of the bullish 2017 trend.

iGoddard

Kinda lookin like we're back on track, and the other indices (SPX and NDX) suggest as much even moreso. Assuming I've not succumb to irrational pollyannaism, my reading is there was a euphoric overvaluation during tax-cut anticipation starting around Sept 2017, and that overvaluation was exposed as such when the market encountered worries that would normally not...

iGoddard

Not sure it can be said there's been a correction, as if it's been completed.

iGoddard

What looked like an upward breakout is now looking more like just another saw-tooth spike in a downward trend.

iGoddard

It's too early to say right now, but if NVDA changes course into a sustained downward trend (as some tradingview-ideas suggest), we'd look back to now and see the early warning signs were already in place. To some extent there are always "early warning signs" of every possible future course, but one might argue that there are more signs for NVDA changing course...

iGoddard

Silver's trend is forming a symmetrical triangle and may be gradually swinging upwards. Given intense market volatility, an upward breakout seems more likely.

iGoddard

If Weibo's wave-train continues, it's now locked and loaded. But one wonders how long can it keep following out this channel with such regularity. We'll see... This follows from my prior idea that predicted WB's down-slope we've just watched unfold...

iGoddard

It has been observed that the Gold / Silver Ratio (G/SR) exceeding 80 usually correlates with stock-market downturns. (1) This analysis suggests answers to the question of 'why' for three cases where G/SR > 80 between the available data here for GLD and SLV, from 2008 to 2018. Cases: (1) G/SR > 80 during 2008 because silver crashed harder than gold from a PM peak...

iGoddard

It seems that today AMZN suffered its biggest single-day price drop, following threats to Amazon from President Trump. I scrolled through its history and didn't find another larger Heikin Ashi red candle, the next closest one-day drop was Feb 9 this year. Here's the low-down on Trump vs Amazon:...

iGoddard

Some ideas show NVDA as having broke through horizontal support and heading for a major correction. But methinks "channel support" is a reliable and more intuitive metric of 'support', and by that criterion NVDA might be as corrected as it's going to get. However, there's a broad impression at this moment that the tech sector is on shaky grounds and may be due for...

iGoddard

YUM! shows long-term growth and showed a relatively rapid recovery from the 2009 market collapse. As well, its drop during the Feb 'crash' this year was within the amplitude of its long-term wave-train. So YUM shows both long-term growth and resilience against market-wide crashing, big Long pluses!

iGoddard

In early 2017 GLD and SLV trends began to diverge. Gold and silver usually track closely but with silver being more volatile and quirky than gold. This might make SLV a better buy if we're going to see a PM rise (given more room to rise), as some are predicting (eg, Sachs turns bullish on gold for the first time in 5 years).

iGoddard

Ollie's looks to be low on its wave train. A buy opportunity?