BYOD and GOGO two new popular acronyms in text and talk associated with air travel. Most Airlines are ditching the seat-back screens and streaming in-flight entertainment and allowing customers to use the plane’s Wi-Fi network. Gogo (GOGO), one of the largest aviation Wi-Fi providers, pitches its MEDIA SERVER to airlines as a cost-saving measure, noting that the...
Economist David Levy recently wrote an article "Ready For The Next Big Recession?" David sees global economic pressures adding to a global recession that will be much worse than 2008-09. US employers are not too worried about a possible global slowdown. Employers are creating jobs at the fastest rate since the 1990's. However, they should be concerned. Brazil,...
I've used LazyBear's COG Channel for several strangle trades this past two weeks with exceptional returns. A strangle option is simply buying puts and calls with the same expiration. You purchase a strangle when you don't know direction and want to play the rise of volatility (vega, IV) for each direction. Chart Indicator COG Channel Squeeze is simply when...
As many of you know United States and Japan's diplomats have been working on the Trans-Pacific Trade Agreement TPP. Trans-Pacific Partnership (TPP) is an ambitious plan for a free trade agreement among 12 countries which, if realized, could cover 40 percent of global GDP. It is a key plank in President Obama's foreign policy, and an effort to anchor the US firmly...
Tension with Russia and United States is growing over Ukraine's Crimea region. Recently the European Union and United States slapped sanctions on Russian lawmakers and businessmen; Russia responded with its own list of sanctions against a number of U.S. lawmakers and officials. Wealthy individuals are starting to look for a safe place to stock away money, and...
In this chart I put together an idea of how an Elliott Wave Grand Super Cycle would look for the United States. I also included data from the Federal Reserve, U.S. total non-farm payrolls, to mark what would be the beginning of the end for U.S. economic expansion. It is obvious the United States saw it's last growth expansion ending in what we call the "tech...
Might be better to play this on the bearish side, if your a position trader. If your looking for quick flips, good idea to follow the Ascending Wedge pattern - or - if your keen to EW counts than Ending Diagonal.
We have a bottle neck in nat gas supply. Until the Keystone Pipeline and other nat gas pipelines are built, this bottleneck will remain a problem. Pattern- Elliott Wave -- Inverted Ending Triangle Not too many chartist even consider an inverted ending triangle when counting EW and when looking for bullish motives. I've see many successful ending triangles...
Scanning for patterns and noticed the trend lines and patterns. Buying Puts on Weekly's and Feb 22 expiration. Keeping it simple. If your still guessing what it is, the pattern is an Inverted Head & Shoulder.
I try to look for events that trigger volatility. Well we've got a few events for Friday, US NFP, and next week, newly appointed Fed Cheif Janet Yellen speaks. Right now I believe US NFP will benefit the US Dollar and by de-facto this will drop Silver XAGUSD to near it's lowest levels ($18.20). The following week however, could be very bullish for US markets,...
Here we are, the point of intersect. Silver has been supported by a multi-year support/resistance area, and is about to run into a weaker bearish descending resistance. In the near term (previous 6 months), the chart has set up a double bottom pattern. To be more exact, we classify this pattern as an eve-eve double bottom pattern. Double Bottoms are very...
I've been following AMD for many months. AMDs young CEO Rory Read has certainly turned the company around. Rory quickly moved AMD's long time focus from competing with Intel and the CPU/APU market, to a narrow focus on video graphic performance. AMD is staying focused on improving video graphic cards, making them much more efficient than it's largest competitor...
Golds Gain - Bitcoins Loss Stock Charts - Looking over these two charts, Bitcoin and Gold. I like to predict patterns before they happen, and I see two patterns shaping up with Gold and Bitcoin. Bitcoin is developing a classic double top pattern and Gold a double bottom. For Bitcoin, we will see confirmation of a double top only if the .382 support is met...
E-Cig Stores popping up everywhere in United States. E-Cigs are a great Holiday gift idea for those habitual smokers. STSI stock has potential to double near term. Stock Chart Pattern -- Double Bottom, measured breakout 3.05 CCI showing divergence, Fisher giving us an exhaustion spike and RSI oversold. Best way to make money... Long Call, buy $1.50 Calls for...
Radioshack is ready to unload there inventory this Christmas shopping season. CEO, Joseph C. Magnacca, introduced the Tech the Halls promotion for the fourth quarter. Consumers might be tempted to stop by a local Radioshack for a cheap tech Christmas stocking stuffer. The stock pattern... I'm seeing a typical Fous Revival Pattern shaping up in RSH stock. ...
We've been actively charting NBG National Bank of Greece on the msg boards here at TradingView. The chart was first mentioned by Fire Fly. The historical chart show huge swings in price. Lots of money to be made for those playing options on this stock. Chart: The Fous Revival Pattern is typical of many stocks that have been kicked to the curb and left for...
Auspicicous Astrology Elections Cause Market Volatility - This is not a postive period for astrological reading in relation to financial markets. There are a few weeks in early October and mid November which are very volatile. Notes on the chart.
Looking to enter in a Long Put option trade tomorrow with Zynga, ZNGA. Looking at the chart we see CCI (50) divergence that's been trending for several weeks. @nmike also pointed out the obvious Fisher Spike after we saw double divergence with Fisher and CCI divergence. This is a great combination of indications to suggest a bearish move is in the works. On the...