IBM : Support is lost 21 Aug 2013 | 11:58 am

IWM : Russell 2000 at a major top ! 26 Jul 2013 | 01:56 pm

Folks, this is a chart of the Russell 2000 since the early 1990's.  Three observations can be made. 1) It's the first time we are getting this stretched above the 200 week mov avg. 2) Notice also th...

IWM : Russell 2000 at a major top ! 26 Jul 2013 | 01:56 pm

Folks, this is a chart of the Russell 2000 since the early 1990's.  Three observations can be made. 1) It's the first time we are getting this stretched above the 200 week mov avg. 2) Notice also th...

GLD : The bottom 23 Jul 2013 | 02:25 pm

I suggested buying Gold (GLD) On June 26th. (Click Here). It was trading at $117. It's now at $128,80. I believe this bottom is for real ! Keep buying Gold on any pullback !

BBH : Bearish divergence 18 Jul 2013 | 11:18 pm

The same bearish divergence that I had spotted on AAPL when it was trading at $700 (Click Here) ! I think Biotechs are in for a nasty correction very soon !!! I'll update on the SPY on Monday !

SPY : Neutral 10 Jul 2013 | 02:39 pm

The SPY is now in a neutral zone. It's bullish above the blue box and bearish below it. I do expect a trading range within that blue box in the next few sessions.

SPY : Come on ! 3 Jul 2013 | 01:11 pm

SPY: Still doable !! 28 Jun 2013 | 01:40 pm

There is still hope for the Bears here. The failure of the 50 day mov avg, and the fact that bounce of the three previous sessions was made on low volume makes me confident about the resumption of th...

SPY : Resistance in check ! 27 Jun 2013 | 01:07 pm

As long as the SPY does not close in that blue box we are headed down.

GLD : Do the opposite of August 2011, buy Gold now ! 26 Jun 2013 | 03:57 pm

Back in August 2011, I posted a picture of Will E. Coyote with a sign "bought Gold at $1900/OZ",because i knew that Gold would fall like off a cliff like Will E Coyote usually does ! Back in August 2...