"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •136 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 945.10 | +1.10 | +0.12% |
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WTI Crude •1 day | 67.02 | -1.68 | -2.45% |
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Gasoline •1 day | 1.949 | -0.032 | -1.63% |
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Ethanol •136 days | 2.161 | +0.000 | +0.00% |
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Silver •136 days | 30.82 | +1.16 | +3.92% |
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Silver • 136 days | 30.82 | +1.16 | +3.92% | |
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Copper • 136 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 71.04 | -1.52 | -2.09% | |
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Natural Gas • 1 day | 2.823 | +0.038 | +1.36% | |
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Heating Oil • 1 day | 2.171 | -0.041 | -1.87% |
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.
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Stock Market About Ready to Plunge!
Last time, I talked about there being one more rally left and then the market would drop big. I see no change in that outlook…
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One More Rally (and Then a Huge Drop Expected)
Last article, I wrote about an important top coming. On March 25, the US Market dropped about 1.4% to 2061. The E-Waves are saying we…
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FED Guidance Like Flying in Bermuda Triangle
Last week, I thought from what I was reading on my volume indicators, (showing that money was leaving the S&P 500) that the market would…
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NASDAQ and SP500 in Sync with Sept/October Drop
The charts below of the QQQ (NASDAQ 100 ETF proxy) and the S&P 500 show that the US stock markets are almost entirely in sync…
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Why The Stock Market Must Drop Next Week!
In the previous two articles, I explained that I have been looking for a pull back in the markets. Now with new data, I can…
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Market Pull Back Expected: What's Ahead?
Last week I wrote that I believed that the 20 week cycle low would take the S&P 500 to near 2008/09 by March 6. We…
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The Stock Market is in The Process of Major Top!
The 10/20 week cycle low is due within this time frame. The previous 10 wk cycle low (ideally 50 trading days) on Dec 15, 2014…
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Sell in May? 7.5% Drop Possible
Last time, I was looking for an important low on June 3. I believe the normal cycle tops due earlier this month and again last…
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