Today is the last day of our membership promotion. Including a $100 rebate, Annual Memberships are $700 off. To sign up now, CLICK HERE. * * * * * So much attention has been focused on CL, lately, that USDJPY’s oscillations have gone largely unnoticed, until last night. It reached levels last night not seen … continue reading →
Monthly Archives: April 2016
The trickiest part of harmonic chart is the area between the .786/.886 Fib retracements and a former high. Even in unrigged markets, this area could mark anything from a prelude to new highs to a slight overshoot of a corrective wave. SPX has reached this, our upside target, with little trouble, largely on the back … continue reading →
Originally posted privately for a retainer client: Apr 3, 2016 Silver looks pretty dicey as a short to me. Here’s my take. There are two possible major channels that are quite bearish using log scale……and a nice, supportive TL using arithmetic scale.Either way you look at it, SI has tested and reversed off its white … continue reading →
When we last examined USDJPY, it was spurting up above the bottom of the broken purple channel which had guided its rise from 75 in 2011. It looked like USDJPY was going to reassert itself as the principle driver of stock prices. But, it topped out 4 sessions later at a lower high that reinforced … continue reading →
The first in a two-part series… I write almost every day about how CL and USDJPY-driven algorithms are being used to drive stocks higher. It used to be almost solely USDJPY, via the yen carry trade. But, as the yen got too cheap and started producing real live inflation in Japan, central banks needed to … continue reading →
Please note I’ve updated our results page for March [CLICK HERE.] As expected, we came in well below January and February’s blow-out numbers, producing a more reasonable 15.11% in our unleveraged, long/short SPX model portfolio. I’ll publish a full review for March after the close today. And, this will serve as last call for the … continue reading →