AssetDesign

AssetDesign

Gold is clearly in an impulse wave that I feel is the wave five of a larger third wave. Generally, a fifth wave in commodities is often the biggest. While in normal trading vehicle, the third wave is the largest. So either way, momentum remains strong. GDX however is not as strong but my expectations are for this to change. Recent miner financials have...

AssetDesign

A brief pause in the gold run may be a good time to pick up some of these cheap miners I'm coming across. For those less risk tolerant (is that possible in the mining sector?), AEM , GDX, WPM and others are breaking to new highs. I see WPM at 75 within the next year or two and big moves from NEM from current levels. If you have nothing in gold/silver/miners...

AssetDesign

Inverse Head and Shoulders potential with current position, bottoming of right shoulder. Good spot for pilot or add to take advantage of a coming impulse wave higher. Current target: 145.

AssetDesign

If there are any doubts about the fact that inflation greatly increased during the Biden presidency, this chart is revealing. agricultural commodities were in a long term decline until the Covid pandemic marked the low. Since late 2020, grains have been on a tear, more than doubling, based on the DBA price. Still has a long way to go on the upside.

AssetDesign

I some some stock market guru of Big Short fame was including this in his portfolio. Had been watching and now, an Elliott Wave indicator on the weekly chart shows the start of an impulse wave up. Stochastics offering a nice bottom process. A cheap, shooter play that could develop nicely.

AssetDesign

Over the long term, cycles are evident and it's quite possible that we are starting a long term move favoring Gold over SPX. A weakening dollar might be the catalyst going forward. The ratio could drop another 25%. Personal positioning: Long GLD Short SPY

AssetDesign

Appears to be a breakout of a classic Cup and Handle formation. Projection to 160

AssetDesign

Once a high flier, priced in the $$$$ thousands, I've recently added Talos to my oil portfolio after hearing news of a Mexican plutarch pumping cash into it. An exploration company with wells in the Gulf of America (??), I'm betting on cheap oil to reverse trend. When viewing the price of oil, in terms of gold, oil is historically cheap. Will "drill baby...

AssetDesign

Wave pattern indicates a completion of a larger Wave 2 with wave 3 ready for an impulse move higher. Will be holding for a longer-term move expecting at least mid-30s. While the developed western world sees populations in decline, India sees growth. This instrument is one way to play and it offers a better than 10% annual payout while one waits? What can...

AssetDesign

The new president tauted her first 100 days in office mexiconewsdaily.com yet the stock remains in a downtrend. On a chart pattern look, it appears that we are in the midst of a larger-term Right shoulder of a massive head and shoulders formation. The shorter-term formation also appears to be a head and shoulders formation with the neckline coming in just...

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Standing out recently for not participating along with other oil stocks moving higher, APA has the potential to triple should the wave 3 unfold as illustrated. I've been building a position at this level.

AssetDesign

Pretty obvious head and shoulders top with neckline broken. below 565 projected target. Bulls have been giving it their best to keep this rally going but all good things come to an end. Soon, the Bears will be in charge

AssetDesign

2024 has not been a good year for Oil stocks, SLB suffering more than others. But could the drill, baby, drill mantra from the incoming president change the fortunes of SLB and other drillers? From a Fibonacci perspective, price has fallen 50% of the last impulse wave, sometimes considered an appropriate correction. On a corrective wave basis, the current...

AssetDesign

Another tip off that the market is headed for a big drop. Market top signals showing up at every level. Looking for a one to two month drop followed by one more rally up. Whether we take out the highs, unknown this early. But good opportunities for trading profits.

AssetDesign

Stocks continue to rise in thin trading and some continue to expect higher highs. When looking at indices that are not top-loaded with the AI Tech Giants, they are clearly in decline. And now, my long-time, most favorite signal is starting to flash. The Failed Three Week test of the high. Should SPY close below 607.81 on Friday, This intermediate sell signal...

AssetDesign Updated 

While election betting sites are coming into the spotlight these days, another way to bet on the upcoming election is through betting on the Mexican economy. Anecdotal evidence indicates that China and even US manufacturing giants are set to build more plants in Mexico should the Harris team win. Trump on the other hand, promises tariffs on items manufactured...

AssetDesign

Silver is in the midst of an apparent A-B-C corrective wave that could fall as low as 22 while still maintaining a long term up channel. Most likely bottom would be around 25 with a C = A relationship. Good time to pick up some physicals as many expect that China demand and a general silver shortage can boost prices to new all time highs. Some are even...

AssetDesign Updated 

The Federal Reserve's aggressive 50 basis point rate cut despite headline inflation numbers coming in mixed resulted in an immediate reaction from the longer term bond yields. With no hope of moderating national debt numbers, no matter which party prevails next month, the consensus seems to be much higher long term rates. Accelerating oil prices and nervousness...