The solar space is interesting right now because: 1) It is at a critical technical juncture for a potential break-out from its 10-Year Base 2) Solar companies are very difficult to accurately place value on, which is evidenced by recent polarizing movements (and the lack thereof in some cases) 3) Solid, long-established and fast-growing companies that have...
While I've had much fun riding this up, it's time to part ways. With all of that capital raised, there will probably be a very large number in the expense section of tonights ER. Combine this with the market turning, and ya got excessive violence. Hate to say it, but she's done. - Pig NASDAQ:TSLA SPCFD:SPX NASDAQ:NDX
Barrier triangle seems to have formed and is near completion. This should denote the start of Wave 3 either today or tomorrow. DJCFD:DJI CURRENCYCOM:US30
For those that requested a near-term picture: Preferred Bearish Wave Count, Near-Term Price Target, Trendlines, etc. - Preferred Pig DJCFD:DJI CURRENCYCOM:US30
You know what's weird? Roku's daily chart. Roku's daily price action on any given trading day is bizarre, to put it mildly. Every general progressive wave up reaches a near-term high that is exactly 1.236 times the orthodox top of said wave. Further, every broader corrective wave settles around the 0.5 retracement level. For visual ease, I've only provided one...
The harmonic precision of the Nasdaq is unsurprising given that its execution system has been automated since its inception. What is surprising is the apparent potential for an ~8,000 point retest - should the recent all-time high hold as such. What I find most interesting about this chart is that it suggests humanity has been miscategorizing the natural wave...
It is no secret that the Banking Sector is getting killed these days. Rightfully so. With USD being printed at a pace that refutes the phrase "Money Doesn't Grow on Trees" and recent liquidity/lending regulations being imposed, it is difficult to see any sort of banking institution thriving at the present moment. Simply put, banks are now required to hold vast...
WARNING: If you are not a wave-person, then you should naht bother looking at this chart. Reason 1) It absolutely not interest you Reason 2) It can only do more harm than good if you use it to day-trade or swing-trade Reason 3) If you are bullish, see the purple death-arrow (Exhibit A) and you can save a few dimes All I'm trying to say here is that the...
Just a few similarities here and there. - Dour Pig CURRENCYCOM:US30 DJCFD:DJI
Trading complex corrective waves is very difficult. You know this to be true if you've been trading for the last 1.5 months. Well, this market is fickle. It didn't reveal its wave count until today. But now that it has, those who still have the energy and the capital will profit mightily. Wait just a bit longer and then fire the beam cannon. Heading straight...
My first Pig-Peg was thwarted by the Fed in April. But here I am, back on the wagon of posting obnoxious predictions. Such is the way of the pig. -The Pig Short SPX
Three times the leverage = three times the bags. - Perma-Bagger WHSELFINVEST:USSMALLCAP2000CFD AMEX:TZA
A.K.A. Bearish Bat Pattern. Semantics aside, check out the Dow futures right now - it's bizarre. I'm guessing that this could move violently lower soon, but I couldn't tell you for sure. After all, this is the first bear bat-pig ever spotted. CURRENCYCOM:US30 TVC:SPX TVC:NDX TVC:DJI
Short into tomorrow. The stock market as well, while you're at it. FOREXCOM:GBPUSD FX:GBPUSD OANDA:GBPUSD
If you don't care to study fractals or don't understand their importance, then here is a perfect example that can shed some light. I'm going to safely make the following assumptions with regards to the charts above and state a few facts to prove something meaningful about the Dow Jones' price action over the past 9 months: 1) The Dow Jones was in the middle of a...
It's slippery out there - both up and down. But especially down. Just a basic roadmap to navigate the blizzard and potential avalanche. Expect similarly dangerous slopes for SPX and NDX. - Perma Frost Pig AMEX:DIA CURRENCYCOM:US30 SPCFD:SPX NASDAQ:NDX
Fire the beam cannon at ~3473.94 when the time comes. TVC:SPX
Silver is going to fly and let me tell you why. Price has been forced down for decades by the collusive tactics of global central banks, COMEX and the institutions able to write futures contracts. You see, silver is not as transparently symbolic as gold, but it is equally as troublesome for central banks - insofar as it is a very real threat to their fiat...