Market Close, May 20th
New Signals None. Monday’s Market There were no interim updates today because there were no new signals and nothing much to say. I didn’t post last Monday due to travel, but this is what I wrote two Monday’s ago: “Hardly [More]
Weekend Update, May 18th
New Signals VXX Hourly——->New Short XIV Daily———->New Long BRLI Weekly——>New Long Weekend Analysis – Ongoing Weekly Tutorials Last night I received an email from a new subscriber asking some very good questions about how best to use this service. My [More]
Volatility Signals Pending
VXX Hourly has just reversed Short and XIV Daily (Intermediate Term) is on Long_Pending mode to be confirmed on a close today above $23.71. Meanwhile, once again after an initial pop, the market is stalling…..almost a daily occurrence. Volatility has [More]
TAGS: Trend Model, Weekend Update
Market Close, May 16th
New Signals FB————>New Short Thursday’s Market I try not to proffer an opinion very often beyond what the trend models are saying. But sometimes, like today, I just can’t help myself. The recent relentless strength of the market (though paused [More]
GLD, SLV, GDXJ & FB
GLD did reverse SHORT on Wednesday’s close. I’m including SLV and GDXJ below to illustrate how well precious metal related stocks tend to trend. Note also that FB in in Short_Pending mode today.
GLD Intermediate Term
This is likely my last post before heading back to Arizona. I wanted to alert all to the GLD Short_Pending. GLD, SLV and now USO are all looking very weak.
GS & RNF
GS is up over $4 this morning and if it holds these gains will reverse Long at the close: Note also that RNF did reverse Short on Monday’s close: *Today is the last day of, “AllanTrends/PTS_Lite” and I will be [More]
TAGS: GS, Marekt Close Report, Market Close Report, RNF
Market Pre-Close, May 13th
New Signals – Pending RNF——–>New Short Pending Monday’s Market To briefly summarize the technicals and fundamentals, the mostly bullish trends continue, while the media is obsessed with the Fed winding down their policy of quantitative easing later this summer. This [More]
TAGS: Monday Market, trading
CTIX
As you can see, CTIX is running. This is an illustration of both the advantages and disadvantages of trying to trade in and out of developmental biotechnology companies, especially the ones I have flagged for extraordinary, explosive potential. The [More]
TAGS: Cellceutix Corporation, CTIX
Updated Trading Models, May 13th
I will be traveling back to home ice on Wednesday, so just a few more days of, “AllanTrends-Lite.” Only one new trade from Friday, ALGN reversed Long in it’s Weekly (Long-term) trend models.
TAGS: ALGN, Updated Trading Models, Weekly Long