OEXTrader Market Timing Blog

MomentumCycles

February 3, 2012

MAJ may have just avoided a selloff. I think we may continue to head higher from here, TRIX is back on a buy. My commentaries may continue to be very brief, I am thinking of retiring from doing this. I think I will be able to keep the charts updated though, like before. Have a great weekend everyone!

Taylor Swift - Ours
~

February 2, 2012

Traders Talk

I talked about a market being made up of different tiers at the beginning of the year, and this looks to have happened. I would entertain caution, as we may be making a short term top on XLF. Not sure what to make of what happened with Amazon, but it may be some kind of warning. Have a look at daily VIX, it may be moving up from here. Here is a look at the OEX on the weekly chart. If the Russell does manage to break out, we may be headed higher. TRIX stayed on a sell.

Taylor Swift - If This Was a Movie
~

February 1, 2012

Dailydart.com

The modified McClellan chart caught the market peak along with our TRIX indicator, we have yet to have a big selloff though. TRIX stayed on a sell, but we are at the zero line. If we are going turn higher it may come here, otherwise I think the next move is down. It may depend on how much longer the NDX holds up. If we sell off further, watch XLF, it may give an indication.

~ Today is a beautiful day, how the sun shines so bright with a cloudy sky. My eyes are warming up, oh how they shine so new, I only have love for you. ~

January 31, 2011

Traders Talk

Dailydart.com Updated

Go to school study choose a job you may think you will like to do. There are going to be a lot of jobs opening up for people soon as some of the boomers retire.

Going to post a XLF chart today as a guest on CNBC commented on it, and it pays a decent dividend, we are right at the zero line on one indicator. TRIX stayed on a sell on the OEX, a short may work out still. The volatility indicator gave another a signal. We may have made a cycle bottom today on the SPX cycle chart or we may be right at the beginning of a downward move. Here is a look at DIG on the weekly chart.

Taylor Swift - Beautiful Eyes

January 30, 2012

Dailydart.com

Dailydart.com Updated

TRIX stayed on a sell, it looks like the stock market has been reacting differently with each of the indexes. The Nasdaq and the SOXX, looking to be the glue keeping the stock market from having a major drop so far, the Nasdaq may be the strongest index looking forward, while the SPX and the DOW may continue to correct. This has to be bullish, how this stair step market continues to head higher from here. Today is an SPX cycle day.

January 27, 2011

Traders Talk

Dailydart.com Updated

Nice to see J.C. Penny move like that, they have a decent dividend. I am not sure if some changes may make it the next Amazon, but it is good to see it go up, may bode well for other retailers.

The stock market looks to be on the move higher, and pullbacks so far have been stopped at the middle channel on the SPX, RUT, and the NDX. TRIX stayed on a sell and the volatility indicator gave a signal for today's Bradley turn day. DIG is struggling to get higher from here, and VIX may be suggesting a pullback. I think if the SOXX stays strong we may not get much of one. Have a great weekend everyone!

January 26, 2012

Dailydart.com

It was all about the dollar I think, and some reaction to Mr. Bernanke's speech, low rates until 2014. Gold sure liked it. Here is a look at the daily, weekly chart below may offer a guide to when the stock market may make a small peak. Ron Johnson the CEO of J.C. Penny, looked to be promoting his company on some of the financial news channels. He struck me as being very personable, and he looked to be very excited about the changes that store looks to have in the works. I like that he spoke about an integration of the Internet with the physical store. Other retailers like Sears, which is very a prominent store in Canada along with the Bay, may want to pay close attention to what he is saying. He may have the kind of thinking that may help a Yahoo or a RIMM to.

Superman by Taylor Swift

January 25, 2011

Traders Talk

Are you a raging bull? I am not so sure if we will accelerate, even though we still look to be trending. If SOXX continues to head higher we may. TRIX did go on a sell so we may get a pullback, it could be a good one, but I would not looking for too big of a drop. Here is a look at DIG so may may get a pause. The US dollar is continuing to help stocks, I think if the dollar rallies, it may make for a good pullback in the stock market.

January 24, 2012

Dailydart.com

More RIMM debates going on, here is another good one on RIMM. I have a simple solution to save the company, and I can not understand why they only stayed with one main revenue stream. They could buy us for a billion dollars, and diversify the company. If someone takes us public we may be able buy RIMM, and offer Blackberries under the Zubee! label. I am sure some company out there is already thinking about it, maybe we will be able to offer our own Zubee phones and computers as well one day. :)

We look to be heading higher still, our modified McClellan chart is getting closer to a peak. TRIX is still on a buy, I think the below weekly Russell chart offers a good guide for possible pullbacks that I do not see.

January 23, 2011

Traders Talk

Trading Video

If you are thinking of putting on a short, around 601 may be a good spot, but the market could accelerate futher above that level. Have a look at CBOE put volume, it looks to be increasing. Our modified McClellan chart may have possibly peaked out, hard to call. Two stocks that may look interesting here to some traders. TK, it may be going to test resent lows again, before possibly resuming another run up. It pays a decent dividend, but I think Diana Shipping used to as well. This stock my be poised to run again, if there is any glimmer of a dividend for this shipping stock. It may be possible that shipping stocks may no longer be as exciting as before as boomers start to retire.

Taylor Swift - Here You Come Again
~

January 20, 2012

Dailydart.com

Stocks picked up strength yesterday on the modified McClellan chart. I would want to see us get a peak to even consider a short, and even at that, we may just get sideways with stocks going forward. Have a look at PHM, mentioned here around the 5 dollar level once. This stock is still very much oversold as well, and may be a good proxy on the stock market going forward from here. Look also what happened to VIX on the daily chart, we may make it to some of the lower levels from here as we finish the week on our Bradley turn day. The US dollar has really helped stocks out, here is a look at GLD which may continue to benefit as well. Have a great weekend everyone!

January 19, 2011

Traders Talk

There looks to be no point in shorting, there may be one at the 800 level on the weekly RUT, but I am not sure I would want to try it. The Nasdaq looks to be close to the old highs already, and the SPX looks to be playing catch up. TRIX may have slipped back in to a buy, fueled by a falling dollar. Here is a look at a weekly VIX chart, weekly zones look to be be in play, in this trending stock market.

January 18, 2012

Dailydart.com

Dailydart.com Updated

Shorts may work out as there are a lot of indicators that have not confirmed the move up like OBV on the Dow. TRIX could still turn up though, as price is the ultimate indicator, as divergences can last months, as see on this modified McClellan chart. Below is a look at the OEX on a daily chart. Please note the 563 level as well if we get to that level, and rally. I thing that is supposed to be very bullish if I remember correctly. VIX may be turning up. Here is a look at UUP on a weekly chart, look at all the room for stocks to rally if this turns back down, and stocks rally off a falling US dollar.

January 17, 2011

Traders Talk

Dailydart.com Updated

There looks to be a major hurdle for the market to clear at 1300. Traders may want to put on some shorts here, if we can not get above 1300 any time soon. 1320 looks to offer even more resistance on the weekly SPX chart. There looks to be Bradley days 18TH to the 20TH, hard to tell on the SPX Astro chart. The OEX may be setting up for one more visit to our 555 number on the weekly OEX chart. Our weekly Gann cycles look to be near peaking as well. TRIX stayed on a sell.

January 13, 2012

Dailydart.com

I discover a new Taylor Swift song almost once a month, that I really enjoy listening to. I hope our readers like this one to. :)

Not easy to call a trending market. Will we get even more acceleration on Friday, or Tuesday on our Bradley day? We could well see a major move higher as shorts may get squeezed even more. Usually markets will turn after they keep on diverging higher, and I think we may see that. TRIX may be set up to turn very easily, and weekly VIX has an opportunity to collapse from here possibly. I like HL even more now, is there going to be another meteoric rise in the stock price again? That may well be in the cards, and may still be one of the best stocks for a gold play. Have a great weekend everyone!

@};-

January 12, 2011

Traders Talk

VIX looks to be riding the middle standard error band, that may offer some confidence to the bulls. I think SOXX may offer us better guidance from here, it may show the way higher for stocks. There is also a Mars price line at 2399 for the NDX. We may get another peak there again, or see the market continue to head higher. There looks to be a Bradley day coming up this Monday.

January 11, 2012

Dailydart.com

Trading Video

"Nay" is good the market said yesterday. Everything continues to point to a trending market. Maybe, we may only get a pullback on Wednesday. Watch to see if 584 holds on the OEX chart below. It may, and we should continue to head higher. A close above it should be good.

January 10, 2011

Traders Talk

Dailydart.com Updated

What a confluence of market indexes. The NDX looks to be weakening as SOXX looks to be strengthening, and the OEX manages to stay above the 565 level, where the 200 day looks to be. Will we get a visit to that level soon, gold? We may have a three tier market as MAJ look to be in a trending mode. " to nay or not to nay ?" as one of my Facebook friends quoted on her page. We need to accelerate here, buying any market pullback may be good, and I am not sure what to make of GLD. It is not looking strong. May suggest a good pullback that is matched by daily TRIX on the OEX?.

Taylor Swift - The Story Of Us
~

January 9, 2011

Dailydart.com

Dailydart.com Updated

Of course trolly lines may be the still be the most cost efficient way for the next 100 years, for moving people around in a big city where hydro electric power is plentiful, like we have here in British Columbia.

Today is the Bradley day. We may get a big move up or down, daily TRIX may go on a sell if the move is down. The the next Bradley day looks to be possibly Wednesday. We look to be right at resistance on a lot of charts. I think we will move higher it the Russell breaks out to the upside. I forgot to mention the volatility indicator gave a signal the other day.

January 6, 2011

Traders Talk

Dailydart.com Updated

Will we ever see something like this, but on a major sized city scale? Plans may be in the works.

I think clearly the stock market may head higher from here into Monday, 1295 may be conservative. I would not be surprised to see more give and take as we continue to possibly head higher from here. I think we may test some of the highs soon, and then we may get a steep correction, we may see the market accelerating to the upside on Monday, if the big one up day move patterns are going to continue.

I am going to share a wonderful video with Taylor Swift and Paula Fernandes, they sing great together. Have a nice weekend everyone!
<3

January 5, 2011

Dailydart.com

Here is what is up with Eastman Kodak. They are trying to do a Northern Telecom, could work but it still a gamble with the stock. I think what happens with EK may also have bearing on what may happened with RIMM. There is a lot of big money that floats around looking for a home. I would not leave Zubee.com Networks out. We have a lot going for us with trademarks and traffic, maybe we will find a good home to. I can only do so much by myself. We do have some great people that help us to.

I heard talk of shorting USO, but it so far from the highs, I would be looking to play the long side. I have two weekly indicators on buys. 1295 looks to be a number on the below weekly SPX chart with another Bradley day approaching on the 9Th. I did hear talk of 150 dollar oil. Shale plays were mentioned on Bloomberg, fracking may be pushed aside, if the price of oil continues to surge. We may also continued to see development of oil sand plays here. Here is a look at DIG on the weekly.

All I Want to do is Retire - 20 Years on Wall Street
~

January 4, 2011

Traders Talk

That was not easy this year to call the open, and I did not call it in time. The Russell did give back some of its gains, but left the gap open which may be very bullish. MAJ may now be going into a trending mode, but I would not get too excited about this. Rick Santelli had Harry Dent on yesterday, and he gave us a great interview, that you may want to base your trading decisions from, for the remainder of the decade. I would not get too bullish on the stock market, I would stay with a mix of solid stocks like a Walmart, which I have been mentioning on here, as it pays a good dividend, add maybe a Yahoo in there, and a Amazon. Throw in some RIMM and I think you may have a good mix. RIMM has been talked a lot on Bloomberg to, which I watch sometimes. Both are great financial news shows. I can see RIMM going back to $60 eventually, if it continues to build a base as was also mentioned by one analyst on Bloomerg.

January 3, 2011

Dailydart.com

Big Picture Forecast Video

Hope everyone had a great New Years!. The stock market left open to he possibility of an upside explosion today as well on the below SPX chart. The this OEX chart does not look like quite as bullish, but you never know, and VIX may be suggesting the possibility of a move higher. We may end up with a two tier market in the New Year.

December 30, 2011

Traders Talk

Dailydart.com Updated
What a year it has been for me, I am going to end it with this.

If you can buy this where you are please do so, it is like a miracle liquid, it is anti-inflammatory. This has really turned me around, it will also give you great skin to. They have this high quality drink at the Walmart here. I hope they will keep it on the shelves. It helps you loose weight to. Happy New years! =)

Does one short the market on a rally today on this Bradley turn day? I really have no idea if one is going to entertain a short on the close. Our McClellan chart does not look bullish to me, and our moving averages are also right at the 555 number on the OEX as well. I do not see a great trade set up for year end. Have great holiday weekend everyone, and cheers to all of you, as well as Taylor Swift for making one of the best videos of all time, thank you all for stopping by to read this blog.

December 29, 2011

Dailydart.com

Dailydart.com Updated

555 again! This may be a good line in the sand on the OEX weekly chart below. As long as we stay above the number, bulls may do alright. The NYA looks to be right at support, and may lead the stock market higher. Here is a look at daily VIX and a daily Russell chart. The 30th looks to be a turn day on the SPX Bradley chart. I would not want to see VIX get above 26.

December 28, 2011

Traders Talk

Dailydart.com Updated

One day is all it takes.The Nasdaq is not looking to bad, but the NDX may be holding back the market. Daily TRIX just went on a sell. You would be going short during a normally strong period, we may not get a lot higher from here, and the first week of January may be setting up for a sell off, we have yet to see MAJ in the trending zone. There may also be little room for weekly VIX to decline much further.