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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.

  • Stock Market Headed for 10% Decline

    Published 07 August 2016 | viewed 0 times

    All the cycles that I follow are topping for the stock market. In fact, ideally, the SPX should top on Monday 8/8 near 2189. I…

  • Stock Market, Gold Update

    Published 04 August 2016 | viewed 0 times

    It looks as though the stock market is waiting for the malefic Saturn Stationary/Direct in Sagittarius around August 13th before any serious damage might occur.…

  • Markets May Become Disruptive!

    Published 31 July 2016 | viewed 0 times

    My biggest concern regarding the last low on June 27th was the fact that the Dow Indu did not make an intervening high on June…

  • Stock Market Has Topped; GDX Continues Down

    Published 23 July 2016 | viewed 0 times

    The signs of a stock market top came on July 22 when the SPX made a truncated pseudo 5th wave failure at 2175. There were…

  • Stock Market Higher, Gold Down

    Published 20 July 2016 | viewed 0 times

    The charts below show the stock market going higher into July 29th while GDX goes lower. A few months back I said that I thought…

  • Miners, Gold, Silver Near Top

    Published 05 July 2016 | viewed 0 times

    Originally posted July 4, 2016 at 7:06 PM. Stock Market Could Go Either Way The precious metals complex looks toppy here and a pull back…

  • BREXIT 'Yes', Now What Can We Expect?

    Published 27 June 2016 | viewed 0 times

    I was one of the few last week who said the stock market would fall on Friday. It has also fallen farther than even I…

  • E-Wave Says BIG Down in Stock Market June 24

    Published 23 June 2016 | viewed 0 times

    The chart below of the S&P 500 suggests a move down to around 2041/42 early Friday, June 24 or about 3% down from today's high…

  • Stock Market on Verge of Melt Down?

    Published 21 June 2016 | viewed 0 times

    July 5th keeps coming back as an important cycle low for the stock market. The recent daily Bollinger Bands on the SPX shows increasing constriction,…

  • Stock Market, Miners Update

    Published 20 June 2016 | viewed 0 times

    Last week was one of our best profit weeks since March. We caught the short in the stock market from June 15 into the 16th…

  • Update on the Stock Market, Miners

    Published 13 June 2016 | viewed 0 times

    I had an alternate I posted a few weeks ago that suggested that the S&P 500 would fall to 1995/96 by June 17, then rally…

  • Stock Market Correction Near

    Published 12 June 2016 | viewed 0 times

    According to my read, the stock market as measured by the S&P 500 is about to enter roughly a 12 to 13% correction. A few…

  • The Fed, Stock Market and the Miners

    Published 02 June 2016 | viewed 0 times

    From this vantage point, it looks as though the precious metals complex will trade opposite the stock market throughout the month of June. The miners…

  • GDX Adjusted Cycle, Projection and Chart

    Published 01 June 2016 | viewed 0 times

    GDX and gold look to make their low around June 24, not June 17th as I had reported earlier. The cycles are following gold's and…

  • Counter Trend Rally in Gold Due; Stock Market Topping?

    Published 01 June 2016 | viewed 0 times

    The GLD chart below shows gold in a declining wedge. Cyclically, an 8 TD low is due in gold and a 4 TD low due…

  • SPX, GDX and GLD: All Ready to Rollover?

    Published 24 May 2016 | viewed 0 times

    Last week, I was looking for a big drop for the gold complex into May 19. We got a huge drop, but not the drop…

  • Gold, Silver, Mining Shares: Big Drop Dead Ahead!

    Published 16 May 2016 | viewed 0 times

    Last time I wrote, I pointed to May 19th as being a likely, important bottom in the precious metals complex. It is May 16th in…

  • Mining Share, Gold, Stock Market Forecast

    Published 08 May 2016 | viewed 0 times

    The stock market, as measured by the S&P 500, reached its 115 trading cycle top the third week of April. The next important cycle low…

  • Have Gold, Mining Shares Topped?

    Published 02 May 2016 | viewed 0 times

    Gold should drop about $150 from here into May 18th or about 12-13%. Gold mining shares should drop about 35-38% from here into May 18th.…

  • Is July 5th the Next Stock Market Bottom?

    Published 25 April 2016 | viewed 0 times

    The chart below shows a repeating pattern of 115 trading day tops on the S&P 500 virtually shadowing the 100 trading day cycle to cycle…