AssetDesign

AssetDesign

After achieving the pinnacle of success during the Covid vaccine era, PFE has struggled to recover from falling vaccine sales. I had considered abandoning my core holdings but on further investigation, I liked what they were doing with their cancer drugs and continued to hold. A hefty dividend, albeit not supported much by earnings, continued also to be an...

AssetDesign

The URA base appears to be a major reverse head and shoulders formation with price projections into the 40s. The move thus far appears to be impulsive with wave 5 targets also shown at the 1 and 1.618 levels. Still appears to be under the radar

AssetDesign Updated 

A Wave 4 50% indicated price would drop to 31.10. Filled at 31.05. Wave 5 should push prices above Wave 3. While I will take some profits around the $40 level, as I did when price hit $33, my initial target, China will be a force going forward so I will maintain a long-term stock position. Thus far, this has been an exceptional trade after initially...

AssetDesign

Despite Fed attempts to juice the economy with interest rate drops, looks like the dollar and the US economy in general is set for some reversion to the mean. Many articles claim that the Fed is bankrupt and as longer term interest rates continue to climb, Bank balance sheets are surely in a perilous condition. ANd that's only what we see. So many other off...

AssetDesign

Precious metals continue to rocket higher and even as Central Banks around the world flock to gold and lighten up on US Dollar exposure, lagging far behind is silver that is still quite a ways from its all time high close to 50. Reverse head and shoulders formations show some possible targets in the 34-35 area but my best speculative bet is that SLV will hit its...

AssetDesign

Interest rates continue to react to "unbelievably seasonally adjusted" economic data. And while one can complain and point out the methodologies, I believe that the markets are smarter than that. I won't predict how high it might go, but anticipate that it will be one of my big winners in 2025.

AssetDesign

For those who had the patience to buy and hold at the major double bottom, China finally gooses the market and FXI is breaking out. Originally targeted 33 but it appears that it could go to the 1,618 fib. Still a long term hold in my book

AssetDesign

Current price rebound struggling at the .328 fib. Failure here leads to probable move down to the next measured move, -0.236 fib, at 497.

AssetDesign

This auto view shows a significant drop to SPY 2250 levels. Good idea to raise cash and sit back waiting for the dust to settle. But have been building a short position at the 5500 level.

AssetDesign Updated 

Could be just a little correction in this larger leg down. A 1 to 1 relationship between the expected wave and the first shows that SPY would find support around 523.

AssetDesign

General Mills has been gaining a bit of strength crossing above it's 20 week moving average. Volatility is dead flat. Transacting a June 25 67.5 buy/write, in addition to a 3.5% dividend results in this play producing in annualized rate of return in excess of 12%. I do this kind of strategy in a qualified account as dividends received in a buy/write...

AssetDesign

Wave B corrected 50% at 556.5 and now wave C begins. If C = A, target 540

AssetDesign

Alcoa is dropping fast but may find support at the bottom of the parallel channel, completing wave 4. An A = C price target is 34.10. Upper channel moves to better than 55 by end of the year. I'll be watching the Std indicator for a buy signal.

AssetDesign

GLD is at the neckline of a well defined head and shoulders top. A breakdown would see GLD at 200.

AssetDesign

After a big move up, Silver may enter into a long consolidation phase. The Standard Deviation chart indicates volatility continuing to fall being that the Bollinger bands will be moving in towards the moving average. As such, i'm putting in Iron Condor strategy anticipating that SLV prices will remain within the 25-30 range through the rest of the year.

AssetDesign

Sure does appear to be a typical Wave 3 extension formation. 2.618 fib measurement of Wave 1 would put SLV at 33.70

AssetDesign

As anticipated, FXI is testing the breakout level just below 27. Good spot to add more if you have been following this from the recent double bottom buy call a while back.

AssetDesign

A Wave 3 down is just starting now and can move the dollar index down to 90. Continue loading up on commodities.