timwest

timwest Wizard

Look at the history of these two stocks going back to 2011. They are identical in performance and yet AAP reports its earnings FIRST and the stock tanked 30 points or 15% last month. Autozone reports on Dec 8th and could face a similar fate as AAP since they are in the same business. Lately, new car sales have taken off to the upside and at some point...

timwest Wizard Updated 

Notice what you see on Zillow's chart, that the seasonally slow time of the year for real estate is when ZG has bottomed. It bottomed meaningfully in 2011-2012-2013 and was only a trading bottom in 2014. We could see the same pattern again this year, and today is the earliest bottom that we saw from last year. Real estate is a seasonal business and now...

timwest Wizard

Each stock in the DJIA reports earnings and creates an important "market memory" level that is usually useful as support or resistance after earnings. What I have done here is to graph what the earnings level is for the entire DJIA-30 stock composite so you can see how the market is acting and where it might find support and resistance using this special...

timwest Wizard

Each stock in the DJIA-0.02% reports earnings and creates an important "market memory" level that is usually useful as support or resistance after earnings. What I have done here is to graph what the earnings level is for the entire DJIA-30 stock composite so you can see how the market is acting and where it might find support and resistance using this special...

timwest Wizard Updated 

I've published other charts that involve the ratio of gold to oil but this chart just "looked" like something I wanted you all to see. You can see the "relationship" that silver and crude oil have over the long haul (the last 10+ years) and how these markets move with each other. When we look for a bull market in silver, for example, we really also need a bull...

timwest Wizard

Dicks Sporting Goods: The big box format stores in the US for sports equipment, yoga and workout clothing, golf, basketball, baseball, football, .... you name it practically, they have it. The green triangles are the levels where earnings were reported and DKS faltered at that key level after the last two earnings reports indicating heavy selling interest. ...

timwest Wizard

This chart is the result of teamwork here at the "KEY HIDDEN LEVELS CHATROOM" you can find here at TradingView. Traders have asked for how to read the gold chart and it has turned into a multi-hour conversation about the recent trends and trades using TIME AT MODE and how to derive the right time frame to trade on in any market. Here you will find the many...

timwest Wizard

It looks like there was a wholesale liquidator of silver and many other metals over the past two weeks that took silver down by over two dollars from over $16.30 to under $14.20. The 2 hour time frame captures the decline quite well and the pauses along the way weren't much longer than 10 bars. The current correction to that downtrend is the longest so far and...

timwest Wizard

See my previous charts on this phenomena. Buyers that stabilize VIX are long term in nature and after the market rallies beyond where those buyers accumulated shares, it has ALWAYS come back to retest and that's what we are doing here today. The 75% retracement off of the high spike in vix to 50 is where we are pulling back to. There is a 2ndary spike in VIX...

timwest Wizard Updated 

The monthly chart in SLV, iShares Silver Trust is revealing a new buy signal that happened after October's price range expanded to the upside. Silver trades well on the Monthly time frame and has seen many profitable signals in the run-up and collapse. I have not always used the monthly time frame for analysis, but it is definitely an interesting time frame to...

timwest Wizard Updated 

Time has expired for Bitcoin to decline and the price "failed" to drop to the suggested targets. It looks as if Bitcoin has upside to rally back to the previous mode in the next 9 months. Look at the previous forecasts on Bitcoin to see how these trade setups have done and how they worked. Lately the methodology has been a little choppy after working so...

timwest Wizard Updated 

After publishing a chart on KSS for its favorable fundamental situation with the stock oversold and expectations low, I decided to find another stock where the valuation looked high with it technically overbought and running into a wall of overhead resistance. I found this condition in BDX, a manufacturer of medical devices, many of them disposable. Notice how...

timwest Wizard Updated 

Apple's highest close was back on February 23rd of this year when it finished the day at $133. Since that time it has only gone over 133 on 3 occasions and has reached as high as 134.54 on April 28th. I wanted to point out that all remarkable investments have major declines and are a lot more volatile than Wall Street likes to point out. The stock market has...

timwest Wizard

That chart comments say it all: You need to know that investments are far more volatile than what people discuss and far more than most people can handle because you need to expect to see big declines from time to time because that's just what happens. If you borrow money to buy stocks, you will take too much pressure and face liquidation by the margin...

timwest Wizard

Here's a simple weekly chart of the DIA using a 5-day chart. 5-Day charts use consecutive 5-day time windows to form the bars and is not a "weekly" chart because it isn't plotting Mon-Fri action as one bar. It's a clever way to group 5-days together for graphing. The rally up from the 6-week base has now extended 6 weeks and time has expired. The rally has...

timwest Wizard Updated 

Japan's Nikkei 225 Index - Daily Is poised to blast out of major resistance just overhead at 18400-18500. If it can successfully hold on to a blast-off move over 18400+, we can look for gains to 20,000+ and then 21,600+ over the coming 8-16 weeks. I am waiting for 18,400 to break first, then buy half the position. I'll buy another half crossing 18,500 and use...

timwest Wizard

I believe it is important to know at what levels a stock reports its earnings because that is when you KNOW everyone interested in a stock is watching, analyzing and adjusting their position. It is the "buy/sell/hold" day for a stock and quite often the level is an important "market memory" level for a long time after, even up to a year or more later the stock...

timwest Wizard

I published this chart in October and now Zillow has pulled back to the levels where I had suggested to look for a re-entry for a re-test of the high near $33.50. Zillow is quite volatile and moves 6% per day, which is 3 times the volatility of the overall market. The risk from here is a move under $25 or 10% lower while upside is for a move up to $33 or a bit...