Russell game plan

Russell game plan

CLICK ON CHART TO ENLARGE Should very short-term support give way at (2), line (3) could come quickly and provide some support.  Will be open to some harvesting if line (3) is hit!
Bonds hard hit…

Bonds hard hit…

Suggested to “score on defense” buy purchasing TBF, in the chart below, one week ago today (see post here).  Wow, what a difference a year makes, as Govt bonds have been “HIT HARD!”  CLICK ON CHART TO ENLARGE CLICK ON CHART TO...
Patterns are suggesting…

Patterns are suggesting…

 CLICK ON CHART TO ENLARGE Anyone notice what the “Patterns have been suggesting we should do” of late? Below is a small summary of suggestions from last week…. Widest Spread between the Nasdaq 100 and the VXN in almost 10 years, with the NDX at...
Hot Emerging….Going Cold?

Hot Emerging….Going Cold?

Last Friday I suggested to watch the “Hot Emerging ETF’s” for a sign of “global PRICE weakness!”  (see post here). CLICK ON CHART TO ENLARGE Each of the ETF’s have been very hot performers over the past 4-5 months.  Now each of them...
Different this time?  (update)  Not now!!!

Different this time? (update) Not now!!!

This blog has picked up over 15,000 new viewers in the past couple of weeks.  Welcome!!!  I am honored and humbled to share a few of my thoughts with EACH of you.  For those that are not aware, I am a huge fan of patterns, believing that the “Power of the...
Caution in Tech land….Apple and QQQQ

Caution in Tech land….Apple and QQQQ

Does Apple pull the QQQQ’s higher or is it the other way around?  I suspect I know what most would say. Q’s are closing in on highs reached in April and important levels going back to 2007.  Posted on 9/19 that the NDX was breaking from its trading range. ...