I’ve nailed a few of them lately. Today it’s DVAX, which has been a perpetual watch list item since taking a good profit on it in late 2019. Per the Trade Log: 5.28.20: I think the casino patrons that bought DVAX on the COVID vaccine hype have been punished enough as the stock pulls all the way back to the just now up-turning SMA 200 … Continue reading Sometimes You Nail it and Sometimes You don’t
Sometimes NFTRH+ will see a chart and post it. End of story. I depend on you to do all of your own due diligence or completely ignore posts like this as you will. This is a speculative stock that normally I would not highlight but I had a recent successful trade in it and heard from a subscriber who watched the Trade Log that he … Continue reading NFTRH+; This Stock is Dropping to a 62% Fib & Support
Might as well micro-manage the US dollar index a little more since it’s at a pivotal juncture. For the copper view to prove bearish on the fairly near-term USD would probably need to hold here around the SMA 200. It’s putting in a Hammer candle today so who knows, maybe that’s the start of a support hold. But as with Copper’s situation in a different … Continue reading Micromanaging Uncle Buck
We had the bear viewpoint correct and sure enough, the good doctor finally explored the depths of the Air Gap (and then some). We had the reflationary bounce correct too. Now, will our handy daily chart guide us to be correct on the view of copper as terminal? Why it’s bull flagging upward think casino patrons living in the now instead of in a projection. … Continue reading Doctor Copper’s Prescription is Un-Bullish
While many signals are up in the air, a couple of them that we have shown to be early indicators of inflation and associated trades continue to plow upward. The nominal TSX-V (CDNX) continues its massive counter trend bounce. The longer this keeps up, the better the chances that the index can change its major trend, which is down. Of more importance to future ‘inflation … Continue reading NFTRH+; Status Update of Two Key ‘Inflation Trade’ Indicators
On May 8th we discussed lesson #1,764,328… That lesson would be: When you think you see something in the markets and your methods have been working do not be unduly influenced by things you see on the internet, especially short-term (60 min. or less) chart patterns put forth by… …a group in which you are [I am] included. It was in regard to having seen … Continue reading Revisiting SPY & XLV 60 Min. Charts
