Brad Gudgeon | TalkMarkets | Page 2
Professional Market Timer
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 ...more

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The Long Awaited 4% Pullback May Be Close
The odds are high for a big down draft on Monday into Tuesday next week. My target is 2205 on the S&P 500 Tuesday. If we drop hard over the next 2 trading days, the pattern suggests a strong rebound rally to new highs likely somewhere in the 2310’s.
Stock Market Still Vulnerable For 3% Pull Back
The intermediate term view on the stock market still looks positive to me and should continue into the summer. There should be a period of weakness in Feb-Mar 2017, but overall, I doubt it will amount to much.
Unlucky Friday The 13th?
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 one way or the other (an expansion of volatility).
Short, Sharp Pull Back In Stock Market?
A short, sharp in the stock market may be in the offing over the next couple of days.
Stock Market, Precious Metals Stocks Forecast 2017-2022
Overall, I believe the miners are coming into a major low in mid March, with the metals due in mid February. We may be in for a sideways basing period soon that should launch higher into the September/October 2017 time zone.
Santa Claus To Extend Trump Rally?
In this article, I’m going to point to reasons why I believe this rally has some more juice left in it. I also want to warn that early next year, what I thought would happen in November 2016 should happen in March/April 2017 and that is a 14+% drop.
Stock Market Top?
The Dow Jones Industrials has far exceeded the SPX, which has far exceeded the Nasdaq creating a case of an inter-market bearish divergence. I expect a down-up-down year for 2017.
Stock Market Topping, Gold Looks Lower
The stock market looks like it is making a distribution top into the FED meeting. We may see a small pull back into late week and then higher prices into the 14th.
Market Update - Wednesday, Nov. 30
The Russell 2000 is not making new highs here and that is a problem. My indicators are stretched and negatively diverging with a possible double top on the SPX.
Watch Tuesday, Big Move Coming
The SPX is due to go down into Wednesday. I believe the 2144/45 area beckons.
Gold To Rally More, Stocks Should Drop
We could see GDX around 24.50. It looks like a bear rally. The SPX is running on fumes and should drop at least to the 2162 area by early Friday I would think.
Stock Market Warning Signs, Gold Bounce Due
Gold made an irregular bottom on Friday, with huge positive divergences. GDX did not make a new bottom, also, creating an inter market bullish divergence.
Relief Rally Coming: Election Implications?!
The SPX is attempting to rally this morning and we had those strange up blips up in the aftermarket yesterday on the SPY ​to 213.10, but earlier this week saw one that went to 215.53 and it did not work as it has in the past.
Stock Market Rally On Fed Speak Today?
The chart below shows that we have the likely hood of staging a huge rally today in the stock market.
Large Sell-off In Stock Market Looming
About every 20 weeks or so there is usually a noticeable sell-off in the stock market. Wednesday of next week is exactly 40 weeks from the January 2016 low, so it is due.
Fed Induced Rally Into October 14th?
Fed minutes induced GDX rally into October 14th to the September 1 low at 25.17 looks likely. This could follow the stock market up to SPX 2200+/-.
17 to 32 of 66 Posts