Gold •168 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 927.30 | -7.30 | -0.78% | |
WTI Crude •3 hours | 70.19 | -0.39 | -0.55% | |
Gasoline •1 hour | 1.935 | -0.008 | -0.39% | |
Ethanol •168 days | 2.161 | +0.000 | +0.00% | |
Silver •168 days | 30.82 | +1.16 | +3.92% |
Silver • 168 days | 30.82 | +1.16 | +3.92% | ||
Copper • 168 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 11 mins | 73.09 | -0.30 | -0.41% | ||
Natural Gas • 10 mins | 3.424 | +0.050 | +1.48% | ||
Heating Oil • 28 mins | 2.246 | -0.009 | -0.39% |
Contributor since: 01 Jun 2014
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.
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…
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…
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…
The stock market is due for a sudden air pocket, likely from Tuesday to Thursday this week. My downside target is 2398 +/-. We are…
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, I was looking for a pull back into May 31's 8 TD low. The move down, however, was extremely shallow (wave 'b' 2418…
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…
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…
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…
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!…
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…
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…
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…
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…
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 chart below explains why I now believe we drop down into February 6th to the 2202 SPX level. The next few days may be…
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…
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…
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…
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…