Here’s 8 Things You Need To Know About Crypto-Currencies
Here are 8 critical points to understand about Crypto-Currencies. Plus read on till the end of the article for a chance to win one bitcoin, currently valued at over $4,800! In 1994, I was working for HBO at a low-level programming job. I had begged for the job and I wasn’t qualified but they gave […]
A Simple Strategy For Trading Counter Trend Moves
Both mining indexes and many miners on the SoS list today. I have to wonder if the banksters just baited the hook the last two days and we’re about to see another fleecing. I’m still not convinced the dollar has completed its daily cycle rally, or the euro its daily cycle decline. Video Length: 00:06:11
The Devil’s In The Retails
Of my seventy-five existing short positions, thirteen of them are retail-related. This is definitely one of my favorite sectors right now, so much so that I also own put options (January $43) against the retail fund XRT. Here are seven of them, zoomed in to interesting recent activity:
Stock Market: Modest Selling
No surprise to see sellers step in and take profits with markets at or near all-time highs. The S&P remains at channel resistance with 2,553 still a stop level for potential shorts. Volume was light so there was no real conviction to the selling. The Tech averages experienced regular selling without proximity to resistance or […]
The Only Watch-List That Matter
At this point, what is good is a list of short setups. I keep them of course, and will post them tomorrow, but overall, they have been good for nothing really. The market continues to ramp higher, unabated. And if there is some selling, it is minimal, so that any quality sell-off never has any […]
Stocks And Precious Metals Charts – Wooly Bully
“Politicians were mostly people who’d had too little morals and ethics to stay lawyers.” – George R.R. Martin “The main problem in any democracy is that crowd-pleasers are generally brainless swine who can go out on a stage and whip their supporters into an orgiastic frenzy— then go back to the office and sell every […]
October: The Uptrend Appears Near An End Or Has Ended For Now
SPX Monitoring purposes; Short SPX on 8/30/17 at 2457.59. Monitoring purposes GOLD: Long GDX on 10/2/17 at 23.05 Long Term Trend monitor purposes: Neutral. We have the candlestick QQQ chart overlaid with a line SPX chart. The QQQ chart could be drawing a “Three Drives to Top” pattern (same pattern that appears was forming on […]
Understanding And Trading The VIX
Today, we look at the volatility index products and how they impact the markets you trade. Understanding the VIX gives you a critical edge in the markets right now. Video Length: 00:12:45
Alio Gold – A Quick Look At Its Market Performance
It looks like investors seem to share my positive opinion on Alio Gold (ALO). Since the announcement of 3Q 2017 production figures the company’s shares are going up: Source: Stockcharts.com What is more important, since the beginning of the current bull market in precious metals Alio has overperformed the broad precious metals market represented by […]
Volatility Nowhere In Sight: VIX Posts Record Low Quarter
Is this the calm before the storm or has the Fed managed to crush volatility forever? The Wall Street Journal reports VIX Just Finished Its Calmest Quarter Ever. Market volatility is nowhere in sight as the final stretch of 2017 kicks off. The CBOE Volatility Index, or VIX, just finished its calmest quarter in history, averaging […]
