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Brad Gudgeon

Brad Gudgeon

Contributor since: 01 Jun 2014

Biography

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves instead of the normal 5 Waves since the market topped in 2000. According to "The Original Works of R.N. Elliott", we are due for a move down to about the S&P 500 442/443 area in the next few years. In my opinion, this is no longer a buy and hold market, but a traders' market. We mainly swing trade the market with funds and ETF's, but otherwise trade according to the market's disposition and to the traders' discretion. For the year 2014, BluStar Market Timer is rated #1 according to Timer Trac.

  • Why the Stock Market Must Fall Hard Monday

    Published 30 July 2017 | viewed 0 times

    I have been warning for over a week now about a coming waterfall decline.  The wave counts and cycles are at the point where I…

  • Market Forecast: OPEX Week July 2017

    Published 19 July 2017 | viewed 0 times

    I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93.  By Friday SPX should be tagging 2479 +/- and GDX to near…

  • Market Forecast: OPEX Week July 2017

    Published 19 July 2017 | viewed 0 times

    I have SPX falling to 2444/45 Wednesday and GDX down to near 21.90/.93. By Friday SPX should be tagging 2479 +/- and GDX to near…

  • Quick Airpocket Ahead, Miners Look Good

    Published 19 June 2017 | viewed 0 times

    The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 +/-. We are…

  • Good Sized Drop in Equities, Rally in Gold Near

    Published 08 June 2017 | viewed 0 times

    Today (June 8) is the 4/16 TD top. The next low is due on June 12. A sudden sharp sell-off in equities (likely June 9)…

  • Last Week's Shallow Drop Portends Bigger Drop Ahead

    Published 05 June 2017 | viewed 0 times

    Last week, I was looking for a pull back into May 31's 8 TD low. The move down, however, was extremely shallow (wave 'b' 2418…

  • Stock Market Pull Back Shallow, More to Go

    Published 03 May 2017 | viewed 0 times

    The market is gradually becoming oversold with much resistance. The cycles suggest a low no later than around Friday this week. May 17th is the…

  • Stock Market: Alternate Projection

    Published 02 May 2017 | viewed 0 times

    The chart below shows the alternate projection going forward for the S&P 500. This projection shows an extended 4 trading days to the normal 16…

  • Stock Market Due for Minor Pull Back

    Published 01 May 2017 | viewed 0 times

    Over 2 weeks ago, I was looking for a top on April 26th and another on May 1. Today's top appears to be a secondary…

  • Stock Market, Gold Miner Update

    Published 16 April 2017 | viewed 0 times

    We entered into a Mercury Retrograde period on April 9, which I have said before is like trading in the Bermuda Triangle, difficult at best!…

  • SPX and GDX in Perspective

    Published 07 April 2017 | viewed 0 times

    Below are daily charts of the S&P 500 and the gold miners index ETF, GDX. Right now, it seems as though these two are trading…

  • Short Term Stock Market Bottom Close

    Published 26 March 2017 | viewed 0 times

    Last week, I was looking for weakness not to exceed 4%. The drop was closer to 1.7%. A positive divergence is occurring on the 1…

  • A Stock Market Dip in the Offing?

    Published 19 March 2017 | viewed 0 times

    Right now, the coming dip could be a little scary, but shouldn’t amount to much, maybe around 4%. My guess is the first couple of…

  • Important Stock Market Top?

    Published 04 March 2017 | viewed 0 times

    Cycle-wise, we are at a crest of the 18 month cycle, which is due to bottom in early August 2017. Astro-wise we have a myriad…

  • Minor Stock Market Pull Back Due

    Published 12 February 2017 | viewed 0 times

    The week before last, I had alerted my subs that it didn't look like the 24 TD balance low would work (but that the 11…

  • The 4% Drop Ahead: Down into February 6?

    Published 30 January 2017 | viewed 0 times

    The chart below explains why I now believe we drop down into February 6th to the 2202 SPX level. The next few days may be…

  • The Long Awaited 4% Pullback May Be Close

    Published 27 January 2017 | viewed 0 times

    Last time I wrote, I said that a 10-week bottom was close and could come as late January 31. Venus square Saturn (today) has a…

  • Stock Market Still Vulnerable for 3% Pull Back

    Published 23 January 2017 | viewed 0 times

    We are in TD 52 of the ten week cycle low due 50 TD's +/- 7.5 TD's. The smaller 8/16 TD low is due ideally…

  • Inauguration Day Selling in Stock Market?

    Published 16 January 2017 | viewed 0 times

    Last time I wrote, I discussed the possibility of a Friday the 13th sell-off. Did I really believe it would happen? Actually, the odds were…

  • Unlucky Friday the 13th?

    Published 12 January 2017 | viewed 0 times

    The stock market is nearing the ten week cycle low from November 4th, 2016. The daily Bollinger bands are tightly squeezed together suggesting a break-out…