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…

Major US Markets Review: Webcast available now

Yesterday’s webinar on the review of several major US markets can be downloaded and viewed here. Or simple click on the picture below. You can download the actual slide-deck here. A webinar Premium Member Major Market signup special is currently available ($100 for the first 3 months) for those who attended and for those who…

A Review of US Major Indices

Starting in May I will provide free 45 minute long webcasts about a variety of financial market related topics every other month. With the financial markets currently in great turmoil now is the time to provide everybody who is interested in a review of where the US Major Indices likely are. In this webcast I…

S&P500: Shake ‘n Bake Baby!

The markets were down significantly in the morning and overnight with the Futures hitting as low as 2883… Surprised?!? Rally off the December low over?!? Well, to answer the first question: For my premium members today is really no surprise at all. Why? Well, I can’t claim I get it always right, NOBODY can, but…

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…