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DOW Industrials (DOWI)

Big short?Call me crazy but I think AMD is going to fill some serious gaps downward. The stock is overly valued. Look what happened to the stock in 2011 after they released the FX series. It was nothing but hype. The company also have one of the worst balance sheet. Someone brought up a good point on StockTwits that the book value on this thing is $.44. So current valuations are WAY OFF the chart trading at 33 times the book value. I think this thing will take a serious dive. Only time will tell.
NASDAQ:AMDShort
by BigPippinSpendingGs
1
1978-1981 : 2013-2016 Where we are in History - Log ScaleHistory is bound to repeat - be cautious here as the market saw a swift decline before a raging bull. Good place to be nimble and on your toes. Keep in mind, central bank policy is completely different, but the chart is looking eerily similar leading up to familiar rhetoric from Washington. I favor a debt correction in 2018 as the bills will come due and then we can get on with the next cycle of a true recovery with minimal CB intervention. Capitalists will be born during this corrective phase and lead our nation into a 20 year bull market.
DJ:DJI
by Bobdinski
The stock market rally - it's far from overDOWI has made all time highs today, yesterday, a week ago. We are gapping, gapping and gapping. We are overbougt right now. Every single larger economy is pumbing money out in their nations, with very low interestrates. Some places you even get money for renting money. The inflation is not as high as is the last financial crisis. The bullmarket has begun, and it's far from over. Trump want's to lower taxes, build better infastructure. This inflation is healthy, not unheathly like in 2007-2008. VIX is low, rates are low, inflation is rising, consumers are consuming more. I would say this could last unil 2020. Nevertheless, I see USA as more bullish than EU. -but also more risky. Overall we have loads of money in the world right now, and I am sure that it will last. Long term long in stocks and options. Forex - daytrading and swintrading as usual ;)
DJ:DJILong
by RandomDane
Longer term view of the Dow Industrials.Chart #2.I don't think the soon to be President Trump excitement is yet over. Based on EW structure, pattern projections and parellel channels I think we may well see a Dow of 21000-22500 before this bull dies. See previous chart posted today. On the daily chart I give the level where wave 5 = wave 1 which is a common relationship. Also note the big spike in volume currently something that also seems to occur at tops and bottoms. IFFFFFF this analysis happens to be correct and we get to 555 we will be looking at a very long tern bear maret to follow which would go along with big trouble in the world. So I hope I am wrong. Take care. Comments, corrections, and feedback always is appreciated. Please note: I am not selling anything, I have no website, I am not an investment advisor. I just like charts.
DJ:DJILong
by goodguy
3
Follow up on my long term view of the Dow Industrials.2 charts.9 months ago I posted a long term chart (link below) suggesting the top may be in using a Fib fan (one fan that I have tried where most of the major turning points actually seem to relate to the fan). In that chart I showed another option of continuued up move. That up move which we are in now seems likely to me could go up to the next fan line level which is currently around 22000. Earlier in my trading I used a lot of EWT which by the way when used alone is not very helpful (at least in my hands). It's form however is often visable in retrospect. So here is my current view of the EW count that I see. Notice that the "3" waves at all three levels are sideways consolidating triangles. The upper channel line on this chart is also around 22000 +/-500. I will post another chart to go with this. These may not help you trade but hope you enjoy it!
DJ:DJILong
by goodguy
7