


jasonroy40
This is pretty cool. Each time the price of the SPX separates from the action of the S&P Buybacks Index; the price reverses course and heads in the direction of the Buybacks, or vise versa..... Corporate Zombieland has decided its more important to have the stock price rise continually into infinity than to have actual discovery in their company stock...lol
Hey folks, just a quick update because I had a request for one. I'm at work and have a small amount of time! BTC had a good run again up to the 4k level. The RSI is running into resistant at the 41 level and the stoch is bearish on the weekly. The price action that dictates my strategy is telling me that this run is over for a couple weeks and will resume shortly...
Looking at this chart you will see the Hong Kong Dollar as it compares to the Dow Jones as of late. Notice, that each time the Dow Jones "sells off" it is preceded by a devaluation of the Kong Kong Dollar. Bought and Paid for by China.... :)
Technically...its time to short. However, the Fed is set on easy street for the stock market.
I'm Neutral for the next 3-6 Weeks based on my strategy.....But..... -I do have a MAJOR buy signal coming in right now!
This chart shows the correlation of the Dow Jones over time with the "official" Unemployment Rate here in the U.S. Its interesting at least to see how well the Unemployment rate dictates the tops and bottoms in the Dow Jones practically to a "T". Please comment and let me know what you think of this idea... Also, I have inverted the unemployment rate and...
The images below should explain clearly....BTCUSD Common now, prove me wrong!
This chart is the Federal Reserve Monetary Balance Sheet overlayed with BTC BTCUSD BTC/USD! This is so obvious I'm not going to even say it! Drop a comment on what you think!
What goes up, must come down....at least a little... Maybe
Energy will be running into heavy resistance by the end of the week...
Time to buy into Gold! Real Gold...not monopoly money....
If it closes above the 50 today, I'll be looking for it close above the 200 MA.
For BND...the 79.80 level is where the problems are. If it breaks up through the 79.80 level decisively the entire Yield Curve will have to invert until everything unwinds. A rejection would be tell tale of Central Bank intervention. They would be buying stocks and forcing everyone into stocks instead of Bonds.