AssetDesign

AssetDesign

When a price goes to oversold/overbought levels as indicated by the Bollinger Band, one must them look at the Band Width. When this indicator is rising, it shows that price is stronger than the average. My rule of thumb is to stay positioned in the direction of the trend until this number reverses.

AssetDesign

Bonds got a big boost out of the recent inflation number. A nice run but I'm taking profits here and taking a short position.

AssetDesign

Corn may continue the trend higher, reaching at least 450 but a more likely projection 460.

AssetDesign

Rates pattern forming a reverse head and shoulders formation. Look for the 20 year at 5.25%

AssetDesign

wave structure preparing me to expect more corrective action. Adding to shorts on any rally

AssetDesign

I've been selling option premium as momentum has fallen. Money is leaving gold and moving into silver. As price reaches lower band, I'll be adding delta in anticipation of moves to much higher levels. Gold appears to be at the bottom on a long-term, rising channel and is providing positive long term opportunities.

AssetDesign

May showed price heading back up to the high. This is four months now from the previous top. Generally for a major top to exhibit itself, it might take only three months to test. Four months is also not uncommon so it is possible that today's close will be last positive monthly close in a while. I expect that the price will continue to rise, probably above...

AssetDesign

Still focused on a C wave pushing below the neck line of a head and shoulders-appearing top.

AssetDesign

Gold has had a tremendous run over the past two years and as it burst to 3,400 before backing off, I'm feeling that the consensus for a sure trip to 5,000 is beginning to get too prevalent. Can't lose sight of the fact that we have completed a five wave impulse and needed to correct. The only question is have we already corrected and now are on the path to...

AssetDesign

Price is nearing the top of Bollinger Band resistance. The Band Width is decreasing, suggesting that price might regress to the moving average. I good time to sell call options.

AssetDesign Updated 

A brief pause in the gold run may be a good time to pick up some of these cheap miners I'm coming across. For those less risk tolerant (is that possible in the mining sector?), AEM , GDX, WPM and others are breaking to new highs. I see WPM at 75 within the next year or two and big moves from NEM from current levels. If you have nothing in gold/silver/miners...

AssetDesign

I've been sticking with Pfizer for far too long to abandon it. The dividends have continued to roll in and with a 7%+ payout rate, this one is bound to get some bids, sooner or later. I'm adding at this level.

AssetDesign

Downward possibilities for SP can be breathtaking. 1000 point drop possible. Cheap puts can score big. Perhaps Friday's job report will be the trigger??

AssetDesign

High probability that GLD will move to the 20 day moving average at 295. The BBW indicator shows that momentum is softening. At this signal, prices generally revert to the mean or in some cases, sell off quickly to the -2 standard deviation. I've been using the futures to hedge my positions. Interesting that the CME has come out with a 1 oz gold future. The...

AssetDesign

The Head and Shoulders top appears pretty obvious here. But I have been fooled in the past by so obvious "tops" only to see my short positions get destroyed. That being said, with such generous profits still in hand, I'm taking some off the table in anticipation of a very possible pull back. This has been typical "end of month" futures-related price action yet...

AssetDesign

While rates soften after a recent surge, the 10 month moving average will likely continue to rise over time. Paring back on rate sensitive stocks seems like a good idea going forward.

AssetDesign

Appears to be a Wave 3 in motion. At the recent high, the measurement was 1:1 of the first wave has been achieved. I expect a bigger move. In theory, wave 3 is never the shortest and often extends past the 1.618 level to 2.618, 3.618 . . . The major gold companies are going to start catching attention and explode. It might take another quarter or to in...

AssetDesign

I've been nibbling on BX as it is continuing to maintain in a possible upward channel. Looking for an eventual move above 200 once this minor cleansing shakes out. They can do Real Estate much better than I.