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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.

  • Gold Mining Shares Topping, Drop Due

    Published 10 April 2016 | viewed 0 times

    Either we saw a top in the mining shares Friday or we will see it on Monday. The cycles suggest a low around April 19th…

  • Stock Market Top Near, GDX Makes New Highs

    Published 20 March 2016 | viewed 0 times

    Last week, I was looking for a top in the stock market within a week or two. We are still very close to that top…

  • Stock Market Dip Monday, Tuesday? Gold Topping

    Published 13 March 2016 | viewed 0 times

    Last I wrote, I thought we might be breaking down out of a rising wedge pattern in the SPX. Apparently, many others thought the same…

  • Stock Market Update

    Published 09 March 2016 | viewed 0 times

    Over the weekend, my thinking was we had higher prices ahead of us. I actually ignored the astrological reversal mid-zone of the Sun translating Neptune,…

  • Gold Has Topped, Higher Highs Expected in the Stock Market

    Published 06 March 2016 | viewed 0 times

    The SPX 8 TD top was due Thursday and we are in the mid band of the Sun translation to Neptune, Saturn and Jupiter on…

  • Update: Stock Market, Gold Topping

    Published 01 March 2016 | viewed 0 times

    The charts below were sent out to my subs last night. The SPX is in a bearish rising wedge formation and it looks like a…

  • Another Pull Back in the Stock Market Due?

    Published 28 February 2016 | viewed 0 times

    Last week, I was doing what most traders were doing, being swayed by the momentum indicators. Last time we saw the momentum indicators where they…

  • February 26 Could Be a Wild Day in Markets!

    Published 25 February 2016 | viewed 0 times

    Not only does February 26 have a slew of economic reports, but it also has some interesting cycle, e-wave, and astro-signatures. Earlier this week, my…

  • Stock Market Down 16% More into March 11?

    Published 22 February 2016 | viewed 0 times

    The chart below shows that the SPX 1650 level +/- may be next and sooner than most think. Looking at this 2 hour chart of…

  • Stock Market Drop Likely Monday, Gold Topping?

    Published 20 February 2016 | viewed 0 times

    The technicals, cycles and astro-read suggest a high probability of a severe drop in the stock market Monday to as low as the low/mid SPX…

  • More Stock Market, Gold Selling Next Week?

    Published 01 February 2016 | viewed 0 times

    The SPX should hold about 1943/44 Monday and then drop to around 1850 by Feb 3 or 4. The astro/fib CIT turns are Feb 1…

  • Counter Trend Rally in a Bear Market, GDX Low Near?

    Published 24 January 2016 | viewed 0 times

    January 20th may have been an important intermediate bottom in the stock market, but the bear market is still growling. January 20th was exactly 100…

  • Stock Market Bottoming, But Bear Still Growling

    Published 18 January 2016 | viewed 0 times

    Indications suggest a stock market which is currently oversold and bottoming short term, but still has a long way to go to finish this bear.…

  • Short Term Bottom at Hand in Stock Market?

    Published 10 January 2016 | viewed 0 times

    Last week, I was looking for a nasty down week in the stock market, but up in GDX, GLD and NUGT into Jan 7th. GDX…

  • Stock Market Melt Down at Hand?

    Published 04 January 2016 | viewed 0 times

    Over the weekend I had written that I believed the market would go up first before dropping. I had based that on the normal Mercury…

  • Wild Swings in Markets Likely to Continue

    Published 03 January 2016 | viewed 0 times

    Our attention this week will be more to the cycles and planets than to the charts. Last weekend, we were looking for a 4/8 stock…

  • Stock Market, GDX Topping Again?

    Published 27 December 2015 | viewed 0 times

    Since it is still the Holiday Season, I am making this article brief. The SPX is at the 16 TD top +/- 3 TD as…

  • Market's Wild Swings May Continue into the New Year

    Published 20 December 2015 | viewed 0 times

    I just need to start off saying that due to the Holidays, this update will not include charts. Happy Holidays to everyone! Two weeks ago,…

  • Stock Market Low Near, Santa Rally on the Way?

    Published 13 December 2015 | viewed 0 times

    The S&P 500 is doing almost identically what it did last year: an important top the Friday after Thanksgiving (Dec 4), a rejection of the…

  • More Wild Swings Ahead For the Markets?

    Published 05 December 2015 | viewed 0 times

    Last week saw the SPX drop more than I thought it would (Dec 3 has been on my radar for a couple of weeks, the…