Gold •136 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •1 day | 67.02 | -1.68 | -2.45% | |
Gasoline •1 day | 1.949 | -0.032 | -1.63% | |
Ethanol •136 days | 2.161 | +0.000 | +0.00% | |
Silver •136 days | 30.82 | +1.16 | +3.92% |
Silver • 136 days | 30.82 | +1.16 | +3.92% | ||
Copper • 136 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 1 day | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 1 day | 2.171 | -0.041 | -1.87% |
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.
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…
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…
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…
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,…
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…
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…
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…
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…
The chart below shows that the SPX 1650 level +/- may be next and sooner than most think. Looking at this 2 hour chart of…
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…
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…
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…
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.…
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…
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…
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…
Since it is still the Holiday Season, I am making this article brief. The SPX is at the 16 TD top +/- 3 TD as…
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,…
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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…