Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
ASC: very cheap by all metrics, dividend yield over 8%. CCI for 3yr cycle is oversold. "40week' target via FLD is approx 12 or slightly under. Rec 1/2 unit long here 11.95,and plan to add on trendline break upwards.
TAP: recommended near 5150, now 5950. Taking profits 5900 or better.
$GLD most analysts would accept the apparent existence of yearly cycle set of (8,4,2,1,etc). The last 4yr high occurred mid 2020, so one should occur mid 2024. Using cma's and focal crossover points, one can obtain a target of 245-255, equating to $GOLD 2650-2750.
TAP: holding long from 51.62. The 40week cci gave buy signal. Awaiting a move towards more normal valuation. Stop at 46.45 until some patterns emerge.
New Program: one of the best approaches I have found is to enter a reversal when dramatically OB/OS. For ob/os I use CCI geared to the
3.25 yr cycle; daily Cci254 or weekly cci50 at +/-200 or more. Having a preference for value, I screen oversold candidates, which occur a few at a time, for p/e p/s and p/fcf.
The current example would be TAP. Pls let me know your opinions.
Oddlot
SPX etc: there is a cycle analyst on X (David F) with excellent timing comments on multiple markets. Today he advocates(?) a short in most markets with rationale that the longer term cycles of approx 35weeks is rolling over. , towards a low in July, and the 36day cycle is/has topped. With longer term and shorter term cycles topping together, this is classic timing for a short.
SPX etc: there is a cycle analyst on X (David F) with excellent timing comments on multiple markets. Today he advocates(?) a short in most markets with rationale that the longer term cycles of approx 35weeks is rolling over. , towards a low in July, and the 36day cycle is/has topped. With longer term and shorter term cycles topping together, this is classic timing for a short.
SPX etc: there is a cycle analyst on X (David F) with excellent timing comments on multiple markets. Today he advocates(?) a short in most markets with rationale that the longer term cycles of approx 35weeks is rolling over. , towards a low in July, and the 36day cycle is/has topped. With longer term and shorter term cycles topping together, this is classic timing for a short.
Thank you, and to
you as well. I watch you and the others without comment due to no trading. However, that may soon change as we have sold the ranch and also a huge house. As soon as we move to smaller quarters and finish set up of facilities for remaining animals, I will be back to a some extent.
I have approx 25 extremely undervalued stocks that I monitor using a macd hist system based on 85day cycle. 90% are overbought but retracing. Wanting positions in copper, uranium, precious, and energy, plus random misc.
It is a pleasant surprise to be remembered after all this time. Good luck to you and your friends.
Re CMA trades, have you studied Hurst methods and focal point crossover price projections?
$SPX $SDS continuing to hold 5 units SDS avg 4066 with obj of 3100 SPX, and possibly of 2200 SPX. Major trendline just under 3940. Valuation continues to be horrible. Major cyclic low ahead.
$SPX $SDS continuing to hold 5 units SDS avg 4066 with obj of 3100 SPX, and possibly of 2200 SPX. Major trendline just under 3940. Valuation continues to be horrible. Major cyclic low ahead.
If we get to 3800 SPX w/i next 2 weeks, obj shifts to 3400 for this 17 week cycle.
$SPX $SDS cancel former order and buy 2 units SDS at 40.36. Now holding total 5 units, obj SPX 3000
$SPX $SDS cancel former order and buy 2 units SDS at 40.36. Now holding total 5 units, obj SPX 3000
SPX SDS filled order on SDS at 4113 ( daily high). Continue order at 4163 stop. CCI on most wavelengths came out of overbought, and trendlines parallel to short wavelength MAs were broken. PNF sells for 10min and 30min give potential 300-400pt moves. The 3.25/6.50 yr troughs are coming next. Valuation obj to 3000 SPX
$SPX $SDS holding 1 unit with breakeven of 40.30 after applying profit from sale of other half of position. Add 2 SDS on stop at 4113 and 2 more at 4163 on stop.
$SPX $SDS holding 1 unit with breakeven of 40.30 after applying profit from sale of other half of position. Add 2 SDS on stop at 4113 and 2 more at 4163 on stop.
Assuming the 36day cycle period is correct, the high would be next Tuesday.
Assuming the 36day cycle period is correct, the high would be next Tuesday.
Mkt is still grossly overpriced and setting up for major decline. Recent low was a 20week low and it is straddled by 7week/36 day cycle. Effect is peaks either side of low with peaks 7weeks apart. Next peak will be this week. Looking for high approx 4120 SPX. A break of short term trendline will start decline towards 3400-3000. Low later in year potentially is 2500 area
$SPX. Mkt is still grossly overpriced and setting up for major decline. Recent low was a 20week low and it is straddled by 7week/36 day cycle. Effect is peaks either side of low with peaks 7weeks apart. Next peak will be this week. Looking for high approx 4120 SPX. A break of short term trendline will start decline towards 3400-3000. Low later in year potentially is 2500 area
$SPX $SDS sold 1 of 2 SDS at 4438 for profit of 200+pts on avg cost. Expecting SPX rally to 4100 area with target time last week Jan. Will add to bear position with SPX above 4050. Targeting 3000 or lower nominally March, but potentially 2000-2500 afterwards
$SPX $SDS sold 1 of 2 SDS at 4438 for profit of 200+pts on avg cost. Expecting SPX rally to 4100 area with target time last week Jan. Will add to bear position with SPX above 4050. Targeting 3000 or lower nominally March, but potentially 2000-2500 afterwards.
Thank you for explaining the process.
Obviously top is in. OBJ below SPX 3000. Holding two units of SDS 4413 and 4046. Obj 7000 plus.
Obviously top is in. OBJ below SPX 3000. Holding two units of SDS 4413 and 4046. Obj 7000 plus.
$SPX $SDS long one unit SDS from 44.13. Added one unit 40.46. Obj 7000 or higher.
The top of this rally has probably been seen. The CCI indicators are excellent cyclic monitors and the CCI for 216days/43weeks gave a sell signal yesterday, as did the shorter length cycles. Therefore, enter on pullback and/or breakout. Breakout is probably 4413 on SDS, and if a rally then perhaps 4040 SPX/4275 SDS.
$SPX SDS The top of this rally has probably been seen. The CCI indicators are excellent cyclic monitors and the CCI for 216days/43weeks gave a sell signal yesterday, as did the shorter length cycles. Therefore, enter on pullback and/or breakout. Breakout is probably 4413 on SDS, and if a rally then perhaps 4040 SPX/4275 SDS.
$SPX the slope of both 108 and 216day MAs flipped to positive in the past several weeks, at approx the same price of 3950. This generates a target range of 4290-4395. With the imminent peak of 20week cycle, I suggest bearish positions using SDS with SPX at 4290 and again at 4370, risking to 4710 purely on risk/reward considerations. Objective is below 3000 at the low.
$SPX the slope of both 108 and 216day MAs flipped to positive in the past several weeks, at approx the same price of 3950. This generates a target range of 4290-4395. With the imminent peak of 20week cycle, I suggest bearish positions using SDS with SPX at 4290 and again at 4370, risking to 4710 purely on risk/reward considerations. Objective is below 3000 at the low.
That should be week35 of 40-43week cycle.
$SPX we are currently in week15 of the 21week cycle, and week35 of the 40-43 week cycle, counting from prior highs. IMHO 3830 is a reasonable lower boundary of 21week channel, and fits with action point for 30min pnf using atr boxes. So, hang in there for another several weeks.
$SPX we are currently in week15 of the 21week cycle, and weekly of the 40-43 week cycle, counting from prior highs. IMHO 3830 is a reasonable lower boundary of 21week channel, and fits with action point for 30min pnf using atr boxes. So, hang in there for another several weeks.
Your point re tax loss selling is very important and could easily be the key. Thanks
$SPX the nominal 20week cycle still dominates, and we are in week14 implying nominal top early Jan2023. I use 43weeks or 216days. with halfcycle 108days. The price at which the MA108 slope will flip positive (smoothed) is approx 3975, and solid violation would generate target of 4400-4500. The Sentient Trader discord has several analyses combining multiple cycles and generating a top in approx 2nd week of December . I remain flat, awaiting trendline break as sign of 20week top. The widest channel would be based on slope of MA27, but others representing shorter cycles would be preferable in Dec as top is closer.
$SPX the nominal 20week cycle still dominates, and we are in week14 implying nominal top early Jan2023. I use 43weeks or 216days. with halfcycle 108days. The price at which the MA108 slope will flip positive (smoothed) is approx 3975, and solid violation would generate target of 4400-4500. The Sentient Trader discord has several analyses combining multiple cycles and generating a top in approx 2nd week of December . I remain flat, awaiting trendline break as sign of 20week top. The widest channel would be based on slope of MA27, but others representing shorter cycles would be preferable in Dec as top is closer.
$SPX SSO buy SSO on stop at 48.12, risking 46.97. Expecting rally high near Thanksgiving
$SPX one of the prominent and dominant cycles averages 20weeks low to low, and is nominally headed higher until early December. However, the market apparently has other intentions, and has broken some uptrend lines that should have held. My plan is to short on the next bounce, with stops over recent highs and hold for several months. When CCI for 4.5day cycle is over bought, I will use a trendline violation as a signal, or if the retracement nears the recent highs I would short then.