Sunday, November 27, 2011

Bond crash imminent ?


Get ready for a bond crash
Focus on large cap blue chips

10 Year US treasury note yield


10 Year US treasury note yield chart analysis ;
Perfect ABC pattern ?
Get ready for a bond crash, last chance to get rid of them

Wednesday, November 23, 2011

Alcoa Inc. (AA), think like a value investor


Alcoa Inc. (AA) chart analysis ;
Yes, we can all see the obvious key support level ....
Time to think like a value investor !
PE : 9.41
Revenue : 24 B, Market Cap : 9.5B !!!!
Price to Sales : 0.40
Focus on key blue chips

Monday, November 21, 2011

SP 500 shopping levels


The "majority of bad news are priced in"
Focus on this big light green arrows ; shopping levels for me

Saturday, November 19, 2011

SP 500 chart updated


SP 500 chart update ;
Make sure you fully understand what the "Bears" see ; Lower highs ! (see those purple arrows).
So why am I bullish ?
1) Pay attention to that "fake move" ; it went right below a key support, and zoomed up, quite fast.
2) The SP 500 then zoomed above those resistances (see red arrows), broke out, and started to pull back, re testing that previous key resistance level (see light green arrows)
Now, how to fully confuse your brain .......
1) Using MACD, RSI, etc .....
2) All those lagging indicators will just confuse your brain !
3) Price ! Yes, price is the only "leading indicator"
4) Please, first look at a clean chart, then if you decide to confuse yourself, add whatever you wish to it ..... :)))
5) Moving averages are ok, as long as your price is not within a channel pattern, then you are facing a useless tool ..... Use moving averages as your stop loss.
Regarding banks ; they are getting all the help from every govt in the world !!!!
Angola !!! Yes, Angola !!! (I was born and raised in the congo), full of oil will now bail out Portugal !!!! Now that is a true revolution :))))
Will soon be in Morocco to visit my olive oil and cows :))))
I convinced my local partners to think like Chinese ; bulk, tiny margins, break the rules, and mass market only :))))

Tuesday, November 15, 2011

Alcoa Inc. (AA) trading plan


Alcoa Inc. (AA) trading plan ;
What leads me to this trading plan ? Simple facts ;
1) ABC pattern
2) Price zooming up to "A" so fast, pulling back near the "exact" break out level (current support level at "B")
3) Expected scenario ? See blue arrows
4) Key question ; Will "B" hold ? At this moment, we DO NOT know ; that is why we do have a trading plan !
5) Focus on the main key trigger @ "C"
Now just sit back and be patient :)))
PS : Focus on large blue chips

SPDR Gold Trust ETF (GLD), is Gold facing an inverted ABC pattern ?


SPDR Gold Trust ETF (GLD), weekly chart
Is Gold facing an inverted ABC pattern ?
Our current resistance right now is "B"
The major pull back, headed down to "A"
Price came back up, facing "B" ; But "B" is still in a lower high !
Key short trigger stands @ "C" ; right below "A"
The facts first ;
1) Gold is still in a major uptrend
2) Could be overbought, and just heading into a long channel pattern before moving higher.
3) The US economy, and the $USD are still facing lots of problems .....
4) So why am I warning you ? You need a trading plan, always expect the unexpected.
Gut feeling ?
Heading soon towards the mother of all BULL markets that could last over 5 years !!!!!
Currency war will go on, but cash will move out of Gold, bonds, towards stocks.
Large caps, well known brands should be on your mind
PS : Very bullish on financials ; every country will save their banking system, and allow them to press the "reset button"
Am I clear enough towards financials ????

Monday, November 14, 2011

ishares Barclays 20 Yr Treas Bond ETF (TLT)


ishares Barclays 20 Yr Treas Bond ETF (TLT) ;
Inverted ABC pattern
Price facing our key resistance @ "B"
Probable scenario = Light green arrow (bond crash/reversal)
Ignore scenario if "B" is broken on a break out !

Sunday, November 13, 2011

Tel Aviv, Israel

Tel Aviv, Israel

Jerusalem, Israel

Arab Quarter, Jerusalem, Israel

The Western Wall, Jerusalem, Israel

Copper chart analysis


1) Higher lows (blue arrows), followed by a key break out, heading to "A"
2) Typical ABC pattern ; "C" is our key bullish trigger
3) Red arrow confirms "A" ; meaning ? Another break above A will send Copper zooming up

SP 500 chart updated


SP 500 chart update
Back from Israel, yes, will soon be posting some pictures :)
Recent scenario published on the SP 500 seems to be taking place
Nice ABC pattern ; with "C" being our "key trigger"
I'll say it again, I am BULLISH !!!