Thursday, November 23, 2017

Wednesday, November 22, 2017

#GoldShares Review $GDX

Gold Shares Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Gold Shares' overall trend, revealed by trends of price, leverage, and time, are define and discussed below for subscribers.

Subscriber Comments

Secondary and primary trends define a mixture of consolidation and downside alignment. Downside alignment of the primary trend, a signal that could be generated at the end of November, would be the most concerning to the bulls. Traders follow these trends as long as alignment and TIME permit.

Intermarket flows (IMF) confirm what many refuse to see - the bulls are swimming against the current! I honestly cannot say why, other than years of experience have taught me to listen to the computer which focuses solely on the message of the market.

The Precious Metals Composite says the recent rally in the gold shares is vulnerable.

Precious Metals Composite (PMC)


Two important lessons about intermarket flows: (1) Trades taken against IMF generally translate into losses, and (2) IMF is smarter than any opinion or expert regardless of influence, station, or expertise.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Reading the Tape #Bitcoin $AAPL, $AMZN, $ATR, $BABA, $EBAY, $GBTC, $NFLX, $NVDA, $TSLA

Reading the Tape
Traders read the tape - ticker tape in the old days to determine the recent buying and selling pressure. Here lies the importance of volume. It's easy to spot a large buyer or seller when the volume is light. Big buyers usually enter before big moves.

Jesse Livermore read the tape and never fought it.

Of course there is always a reason for fluctuations, but the tape does not concern itself with the why or wherefore. It doesn’t go into explanations. I didn’t ask the tape why when I was fourteen, and I don’t ask it today at forty…, Reminiscences of a Stock Operator.


While the tape, often triggered by price in reaction or anticipation of the new flow, is triggered by price, it's fueled by force. Volume is the domain of force. Traders/investors must learn to read the force behind the trend.

Subscriber Comments

Secondary and primary trends of Apple, Amazon, Aptar Group, Alibaba, Ebay, Bitcoin Invst Trst, Alphabet/Google, Netflix, Nvidia, and Tesla. Follow alignment.

Trading Notes:



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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

#CrudeOil Review #WTI $USO

Crude Oil Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Oil's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in the COT Matrix and Crude Oil Review for subscribers.

Subscriber Comments

Secondary trend alignment and primary trend consolidation defines a countertrend rally that pressing for a change in the primary trend in December. Traders follow these trends as long as alignment and TIME permit.

Long Term Cycles

The cycle of time defines a market closer to a bottom than top. A monthly close above 54.51 signals a bigger rally. It will likely coincide with upside alignment in the primary trend. Smart money is watching closely.

Chart


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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Heating Oil Review $UHN

Heating Oil Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Heating Oil's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines a multi-month rally since September. Traders follow these trends as long as alignment and TIME permit.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Monday, November 20, 2017

US Economic Activity Composite Review #EAC Economic Contraction Ahead?

EAC
Headlines listing pros and cons of an argument, a form of entertainment for the public, are generally a complete waste of time for serious investors/traders.  The message of the market, trends driven by the invisible hand that reporters do not understand and cannot read, will interpret US economic trends better than any top ten list. The Economic Activity Composite (EAC), for example, studies numerous market driven trends as a proxy for future economic activity in the United States. Is the US economy in 'great shape' as suggests by the top ten list below? There's no room for opinion here for serious investors and traders. The EAC reading, an essential tool for all serious investors and traders reported in the Matrix, anticipates economic strength and weakness.

Subscribers understand that a contraction is coming (chart).  Do you?

Chart


Headline: Why 3% GDP growth is unlikely to last

Friday’s strong third quarter GDP estimate, which marked the second quarter in a row of 3% economic growth, will likely be celebrated by the Trump administration. After all, Treasury Secretary Steven Mnuchin has said tax reform stimulus will help the U.S. economy hit 3% GDP growth over the next decade, allowing tax cuts to pay for themselves. And a recent uptick in growth might make this controversial projection seem more attainable.


more

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.

Sunday, November 19, 2017

U.S. #Dollar Index Review $UUP

US Dollar Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

The US Dollar Index's overall trend, revealed by trends of price, leverage, and time, are defined in the The Matrix for subscribers.

Subscriber Comments

Secondary and primary trend alignment defines a powerful multi-month decline. Traders follow these trends as long as alignment and TIME permit.

The growing number of bears should be focusing on the cycle of TIME. The cycle of TIME (BrST) in the secondary trend defines an aging countertrend decline (see Matrix or Trading Notes).

Declines often reverse unexpectedly when the primary trend's BrST approaches 2. It's currently 0. The dollar is definitely setting up for rally in 2018.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.