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Thursday, October 31, 2013

FOMC Meeting Was A NON- Event

  • 31
  • Oct

FOMC Meeting Was A NON- Event

Thursday Oct 31, 2013 6:30 AM PT After yesterday's FOMC meting, nothing got changed. We still are printing $85 Billion every month. Dollar will keep on weakening and stocks may or may not go up . We will not...

Tuesday, October 29, 2013

NO SELL signal on US markets Yet

  • 29
  • Oct

NO SELL signal on US markets Yet

Even though market is moving up on low volume there is no SELL signal yet. Gold  and Gold related stocks should continue to move up. Here are charts from yesterday:  DJI SPY keeps on making new...

Friday, October 25, 2013

Both Nikkei & Shanghai Markets gave SELL signals

  • 25
  • Oct

Both Nikkei & Shanghai Markets gave SELL signals

Friday Oct 25, 2013 6:30 AM  PT Shanghai & Nikkei both gave SELL signals. Also Emerging markets ETF EEM gave a SELL signal. Italian market also gave a SELL signal. DJI  , SPY and IWM went up on...

Wednesday, October 23, 2013

Sell Most Stock Positions For Decline Ahead

  • 23
  • Oct

Sell Most Stock Positions For Decline Ahead

Wednesday Oct 23, 2013  6:30 AM PT The Candle charts in most stocks are giving SELL signals for  around the world. Even though we do not have a SELL signal based upon our book, it is wise to sell now...

Monday, October 21, 2013

Get Ready for Start of A decline in US markets

  • 21
  • Oct

Get Ready for Start of A decline in US markets

Monday Oct 21 , 2013 6:20 AM PT The markets are overbought  and insiders need to sell near the top. Opening of the US Government offices was a perfect excuse for the insiders to take markets to new highs....
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