What Does The VIX Say?

Six years ago we all wondered “What Does the Fox Say?” (by Ylvis). Now it is time to wonder “What Does the VIX say?” Well, a look at the VIX daily chart shows an interesting pattern. First, there’s a (much) higher high last week compared to mid-April, while the S&P500 is marginally higher (black arrows).…

To Infinity and Beyond Meat – BYND?!

In seven short weeks after its Initial Public Offering (IPO) Beyond Meat (BYND) soared up to 700%: from $25 to $202. It may have made many new millionaires, but unless traders and investors can sell their shares and are not locked in for too long, it is likely BYND will experience the meat grinder (or…

S&P500 Update: Bumpy Roads Ahead?

In last week’s update, when the S&P500 was trading at SPX2735ish, I found “the current downside could be nearing its end as price is getting very close to the wave-iii/c of wave-3/c target zones. Why do I label the current price action as both letters and numbers? Because to remain intellectually honest one must as…

S&P500 update: more down or first up then down?

Every trader and investors always wants to know what’s next for the financial markets as to position themselves correctly for the next trade. Most, rightfully so, seek advice from skilled, experienced, and knowledgeable market analysts to determine what’s MOST LIKELY next. Luckily I’ve been able to help my premium members, which include some larger private…

Google’s long-term picture: Page not found?

Google fell out of bed yesterday on not as good as expected earnings. While this may come as a surprise to many, already in March I forecasted for my premium members price would reach high-$1200s to low-$1300s. See my tweet with screenshot-proof here. This is exactly what we got the day earnings were announced after…

Gold and Gold Mining Update – How low can it go?!

This is an Update on Gold and Gold Mining, outlining the current important juncture, so you will get an idea of what Intelligent Investing’s new “Metals, Miners, and Forex” service is all about: For now, Gold is progressing well in wave 2, with fives down and threes up at several degrees of trend, so the…

S&P500 update: Are All Time Highs in the cards?!

I will be on vacation March 30 through April 5 and unable to provide any updates (my premium members will receive at least one daily update next week) so I wanted to share yesterday’s daily major market update with you as a possible road map. Simple click on the link below to access: Daily Major…