timwest

timwest Wizard Updated 

95% occupancy $1600 avg rent 62% margins 13 markets 3700 homes in each market 97% of markets has over 2000 homes All rehab teams are in the market. Buy, renovate, rent. COMPETITION: American Homes for Rent Colony Starwood INVH is Part of the American Rental Housing Council Provide a consistent experience for renters Create best practices John Bartling,...

timwest Wizard

What is wrong with $TLT these days? The TLT is lagging far behind where it ought to be, as measured by the 10-year and the 30-year Treasury Note&Bond Futures. Why is that? It could very well be a sign of some dislocation, or a liquidity issue within the market. It could also be an opportunity to sell the futures ($ZBH2017, $ZNH2017) and buy the cash market...

timwest Wizard Updated 

Inflation: Inflation matters. Why? Look at the two charts here and you will see why inflation matters. Over time, inflation changes the "real price" of the things we buy by dramatic amounts. What everyone saw in 1980's Presidential Election was a big breakout in price above the major top extending back a decade. What really had happened though over the previous...

timwest Wizard Updated 

I will quickly publish this chart to show you the long term uptrend in the $USDCAD appears to be over. The downtrend is in play here and the risk to be wrong is very low, while the potential for gains is quite high. The long term trendline is broken and the $USDCAD is sitting on a level where a tremendous amount of volume and time has been spent at $1.31. Risk...

timwest Wizard Updated 

I'd like to walk you through time here and show you the structure that is evident in the US Dollar. From the August time frame a downtrend set up and formed at 10-day mode around the 95.50 level and set up the decline to the low near 94.08 on Aug 18th, which only took 3-days to complete the price move. Once the low was set on August 18th, an uptrend started and...

timwest Wizard Updated 

Intel is trying to breakout, but there's not much volume to push it along. Today's high above the previous highs going back to January 2001 were breached, but then the close didn't hold above the breakout level. All eyes may be on $INTC over the weekend since it made new highs. On the shorter-term daily chart, the volume was swelling quite a bit, but on the...

timwest Wizard Updated 

Gold has rallied up to a level that is an old trading range from last year from February to June. In summer, Gold jumped out of that range and moved up another 10% before sliding back down into year end. Market's remember old price levels and those folks who entered the gold market last year didn't really have a chance to get out of their positions. The...

timwest Wizard Updated 

Notice how Target tends to fall and signal a weak economy, which is picked up in the Bond market with falling rates (Bonds rise when rates fall - this is a chart of yields). There are 3 white-box areas that show the pattern. You can see it is a very reliable and useful pattern. This time around, however, that signal is not transmitting through in the markets....

timwest Wizard Updated 

BUY STOCKS, INDIVIDUAL STOCKS, NOT THE MARKET. But I explain this at the end. First, thanks to TradingView user russ.brown.52 for putting up your long term trendlines chart on the DJIA. I decided to add some internal trendlines (in green) that capture the movement within the extremes of price. You can see that those internal trendlines are just under the...

timwest Wizard Updated 

$PBF energy is in the refining business and is a little-known company based out of Parsippany, NJ that has a new CEO in the last year and has faced plenty of challenges with operating its refineries. Despite those challenges, you can see that $PBF has "FREE CASH FLOW" of $331 million for the last 12 months. The market cap of PBF is $2.33 billion, and throw in...

timwest Wizard Updated 

2017 FORECAST - S&P500 INDEX - Daily Here we are again: January of a new year. The election is behind us. And the recount is behind us too. So many bombs dropped over the last year, both real bombs and word-bombs by Presidential candidates. The word-bombs seem to get all of the attention with Trump winning the "best word bomber" last year by Time Magazine as...

timwest Wizard Updated 

I put trendlines on here that have SIGNIFICANT touch-points along the last 45+ years of market action. I also highlighted in bright green where there was a dip below the highest of the MAJOR 20+ year trendline to show how the market accumulated below those prices and regrouped for the latest rally. Do "trends" really work in this manner? Are there really...

timwest Wizard Updated 

Going back to 1980....Obama's performance (S&P500 vs Gold) was the smallest change over 8 years, which describes the very lackluster economic performance we have seen in the US over the last 8 years. George Bush Junior had the same performance in 8 years (roughly) as Carter had in 4 years, almost -75%. I would add that Bush inherited the leverage in the banking...

timwest Wizard Updated 

When there are 2 Uptrends (see green arrows) and 2 Downtrends (see red arrows), you have a TRIANGLE. And when you have 2 failed trends and you are still in the same range, you have an EXPANDING TRIANGLE (see the blue polygon) This makes for a very confusing time period. Which way will it go? We have to wait for the market to tell us. For now it is chopping all...

timwest Wizard Updated 

Stop loss under the last consolidation from 629-605. 748 last. The Bitcoin market has been moving in a rather orderly pattern over the past couple of years as it bursts from one level of trading to another before settling down for many months and then bursting to another level. The percentage range of the "settling down" or "consolidation" ranges has reduced...

timwest Wizard Updated 

Tesla is difficult to value and the opinions are very strong on both sides of the argument of how TSLA is valued. The valuation is dropping fast, that is for sure. Given how sales have skyrocketed from nearly zero to $3 billion has dropped the PSR from over 20 on a few occasions to under 10 for this year 2015. Tesla is losing money as they invest in their...

timwest Wizard Updated 

Using the DJIA exchange traded portfolio $DIA, I am graphing the generalized 2-week quiet period in BRIGHT GREEN and the bulk majority of the earnings release dates in BRIGHT YELLOW so you can see when the market is discounting important, new information and when it has NO INFORMATION about new fundamentals. If I could grab all institutional upgrades and graph...

timwest Wizard

Silver is giving us a signal for a trade setup here this week. The signal is from the fact that silver consolidated around the $19.25 level for 9 weeks (start counting on the week it hit its high) and then accelerated down from that mode at $19.25 and has now FALLEN FOR 9 WEEKS (as of last Friday). That means that the 9-weeks of distribution that happened up top...