Heads up people! The reformatted 1045 report will launch on monday. The main page will be formatted clearer to get what you want quickly and easily. The page that exists now will continue to exist as the blog addition to the main page.
Each day you will get:
1) What the Nasdaq will do for the next 3 days
2) Stocks that have a 90% success rate of movement in the direction I forecast
3) Bounce stocks list with more danger but with the possibility of bigger quick gains
All of this in a eye friendly format.
See you Mond...
Wednesday, January 28, 2015
Tuesday, January 27, 2015
Market to blow off steam next 2 days
In looking at the daily chart, the QQQ is throwing a temporary top signal. This means that the waves are about to rush back out into the sea for a day or two. Lets look at the chart:
See the latest candlestick above? It looks like a cross? This is a top signal in the current wave, and this means things are going to drop over the next 1-2 days. Now lets take a look at what is being shown in the weekly chart:
Looking at the above chart one can...
Tuesday, January 20, 2015
Timing is everything
So we wait for the next significant action of the QQQ. It appears to be in a coiled spring that is coiling tightly. You can see from the below screenshot that the candlesticks appear to be consolidating into a narrow range and the RSI is also doing the same thing.
When looking at the weekly chart, you can see what the underlying factors for the above are:
Looking at the above chart, you can see that the RSI is descending gradually. It is not...
Friday, January 16, 2015
Today got out at even money .60
The cubes did not pop as I thought they possibly would, and I exited at .60 cents earlier in the day. However something has happened with the charts: The cubes went through the bottom support on our charts.
So hold on everyone for the big drop and here is why:
We notice that the bottom support has been breached. Thats like some of the sandbags failing during the flood and now water is pouring through and the entire wall is about to collapse.
More...
Thursday, January 15, 2015
A QQQ Power Play for Today
Besides the obvious things in the market today and the swiss meltdown that I will talk about in amy next post today, I feel that there might be an undercover opportunity lurking in the shadows.
Today everyone is screaming that the sky is falling. Everyone is running around for shelter. Then there is the lone contrarian that is standing there in the street calmly as everyone is running around him, car horns blaring, tires squealing. And he then quietly...
Wednesday, January 14, 2015
Stay on the sidelines or stay short
Good evening. I chose to stay on the sidelines and observe the market today watching the action from the bench. Everything is going as I had foreseen, and the market is still wobbling around on its edge, so stay out of your long positions.
It was interesting the other day how the dow suddenly jumped 200 points as some trading computers made the incorrect call that it was time to go long. That almost seemed like it was a bunch of flashtrading systems. They may want to take a look at that because the market is not going to be going up soon.
Traders...
Tuesday, January 13, 2015
What if you had a Time Machine...
Every now and then I hear a story about a guy who got in a stock at the right time and it always makes me shake my head in wonder. I have this cool teacher at school that just so happened to sink a couple of g into amazon in 1997 who is now sitting on quite a bit of money. At the time people were telling him it was a stupid move and to take his money out while he still can. 3 years later people started to shut up about him taking his money out and...
Monday, January 12, 2015
Here it comes...the DROP #QQQ #NASDAQ
Yes. I fucked up. I recorded 2 calls when I actually recommended a call and two times the put with Jan calls and Feb puts. You would still be ahead a bit. Hold on to that put however and do not sweat the call, because the QQQ is about to drop like a rock.
As a matter of fact ahead of the drop, I am going to recommend more QQQ puts. I am going to do 1 put contract for Feb and 2 for march.
Here is whats happening. The market is now trembling and everyone...
Sunday, January 11, 2015
QQQ (Nasdaq) and Market outlook for the upcoming week 1/12/15
Caution is in order for this week because storm clouds are coming. Lets take a look at the daily QQQ chart which will tell us what is happening in a day by day view:
You can see that there is a large coiled spring situation forming here. When a coiled spring forms, it is either going to blow to the bottom or topside. And I happen to know from the weekly chart that its going to blow to the bottom side. Also the MACD indicator above is also a strong...
Saturday, January 10, 2015
When the shit goes down, will you be ready?
I just read a statistic: Most people are one paycheck away from being broke in the United States. Yes, I can tell you that is both sobering and depressing.
Are you one of those people? Then that means that you will be completely unprepared for any emergency or if there is a big global event or if the stock market crashes or if the dollar crashes.
The dollar crashing would be about as bad as a zombie apocalypse. This is roughly how it would go:
You would be sitting there watching tv and they would break into your programming with a special bulletin....
Friday, January 9, 2015
QQQ throws a bullish signal...but is it true?
Good afternoon. Today the QQQ did something interesting...it threw a bullish signal. Look at the chart below:
What does this mean? When you have two candles next to each other both with the tail going opposite directions, one being up and one being down, this means that there is going to be upward momentum coming up. However, this is usually more weighted when the QQQ has been coming down for a while and it looks like its at the bottom.
Another...
Thursday, January 8, 2015
QQQ Option Spread for Thursday 1/8
So in taking a look at the markets action this morning, I am looking heavily at the fact that the cubes have just made a w bottom on the daily chart.
This hasnt happened recently and it is a powerful bull signal. However, as I mentioned in yesterdays post I do think that there is problems brewing in the underlying foundation of the stock market as shown in the weekly chart:
You can see, the market is having a longer term problem with the RSI...
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