Marty Armstrong Cycle Model Nailed the Top in Real Estate in 2007

The 8.6 year global cycle model of Marty Armstrong nailed almost perfectly the exact top in the IYR real estate index in February 2007.  The exact date was February 25th, 2007.   I find it quite fascinating that his 8.6 year cycle model nailed the exact turn in the real estate market and yet it appears … Read more

Uranium Mining Stocks and Spot Price Look Very Bullish Going into 2014

The Uranium spot price according to UXC.com is currently near 70 dollars per pound as of January 12, 2011.  I check the price occasionally and have been thinking about this sector for quite some time now.  I believe the uranium spot prices are updated every Monday but then released in delayed fashion by Tuesday or … Read more

Another Trickle Up Day in the Market but the Bigger Picture is More Important

The sp500 today barely made much ground but still held recent levels which in my opinion should be treated as a bullish sign, especially after the shooting star reversal of 2 days ago. The long side continues to look like the right side to me and I do not expect to change my opinion for … Read more

sp500 Bears Take Turkey away from Bulls Today

In yesterday’s post on the sp500 it seemed as though we had a clear intraday reversal at hand and an easy chance at higher prices.  I did mention in yesterday’s post that, “A down market tomorrow that retraces and closes more than 50% into today’s reversal hammer would potentially eliminate today’s move as a clear … Read more

Possible Bullish Harami Cross in the sp500

For the very short term outlook there may exist a modified version of the bullish harami cross candlestick pattern in the sp500.  This occurs when one sees a long body down candle and then a doji on the next day that is fully engulfed within the previous day’s candlestick body. We did not exactly achieve … Read more

Next Major Turning Point in the Market Possibly June 14 2011

I have been reviewing the long term quarterly charts of the Dow Jones Industrial Average in the current decade and the decade of the 1970’s.  The 1970 period has provided me with some enormous cutting edge clues as to our current long term outlook.  The structures are not exactly the same and one should never … Read more