Entries by admin

Momentum Reversal Method Strikes Again with MOBL

In early May, 2017, we alerted our follwers to a trading opportunity that resulted in a nearly perfect Momentum Reversal Method (MRM) setup – this trade was MOBL (Mobileiron Inc).  Now that the trade has completed, we wanted to share with you an example of how the  MRM trading strategy works and how successful some […]

Crude Oil In A New Bear Market?

The newest bear market is in crude oil. The definition of a bear market is when an ‘asset class’ is down more than 20% from its recent high: (Bear Market Rally Definition Investopedia).  It has been more than five years since the market fell so hard so fast from its’ high. Two months later, it […]

As FED Hikes Rates, Gold Falls!

The dollar gained strength, after the FED raised rates by 25 basis points raised interest rates as expected from 1% to 1.25% last Wednesday, June 14h, 2017.  This, in turn, dragged gold prices sharply lower. Gold is locked in a seasonally-low time of the year. Don’t Ignore Technical Analysis If You Are Trading GOLD! GLD […]

Rotation out of the tech and into financial

Last Friday’s, June 9th, 2017, decline of the tech sector continued into Monday, June 12th, 2017.  I expect the NDX to test the range, as illustrated within the red box in the below chart, before continuing higher, but not closing below the red box. The banking stocks were among the beneficiaries of the tech slump, […]

Goldman Sachs Crashes Tech FANG Stocks!

Last Friday June 9th, 2017, Robert Bouroujerdi, a Goldman Sachs analyst, “warned that the $600 billion outperformance by the 5 biggest tech stocks known as ‘FAAMG’ — Facebook, Amazon, Apple, Microsoft and Alphabet — had contributed about 42 percent of all stock market gains over the last year. Goldman worries that the boom has created […]

U.S.Bond and Small Cap Stock Soaring Together?

U.S. Stock Markets just keep going higher and higher! How much higher will they go?  I am FORECASTING another 25% higher for U.S. Stocks! The ‘bullish trend’  from the breakout continues, as expected. Breadth has become strong, once again, including a new all-time high on the SPX Advance/Decline line to match the new all-time high […]

The New Bull Market of 2017!

I cannot stress strongly enough the importance of understanding where the markets are currently technically located, with regards to different time frames and which help to guide all my trading and investing decisions. The longer that the SPX is inside a ‘consolidation pattern’ and going sideways, the bigger the ‘Break Out’. There is a very […]

Stock Market & Crude Oil Forecast!

The SPX hit new highs and will see even higher highs! Goldman Sachs, is the latest bank to publish research, to justify the current high prices of the market and its year-end SPX price target. Goldman argues that the index can head higher to 2580 in this bull market trend. The current rally continues to […]