OEX Trader

 

I only plan on updating this blog when I feel there is something of value to post.
 

Rick Pereira

May 31, 2016
Traders Talk

Video Commentary

Dailydart.com updated.

Long month! I think I may do better with this blog, only being updated on the weekend. My GLD, range was almost perfect, and GDX, kept falling after 23.60, was lost. Both charts are on sells, may be about as good as I can be in the metals. I would think about being bullisih on gold, if we are holding my lower range on GLD. There may be strong support at 114, on the weekly, GLD chart. TRIX, is now on a sell on the OEX. I still marvel sometimes, how well MAJ, works on the OEX. We may be entering a trending market again. Looks like interest rates may continue to stay stable, looking at our TLT, chart. DIG, weekly still looks to be oversold. We are well below zero, on the lower indicator. We may see the price of gas. holding here. or even heading higher. The stock market. may have have a floor in place, with weekly DIG. There does not look to be signigicant Bradley day, until the third, this week. There may be strong support, around the 919, level on the below OEX chart. Not sure if we will see that level tested this week.

OEX Chart

((( Taylor Swift - Superman ))))
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May 23, 2016
Dailydart.com

CNA - Finance

Video Commentary

Dailydart.com updated.

It is Victoria Day here. Always think of my mom, as she has almost the same name. Not a lot seems to have changed with the stock market. We may continue to get consolidation. I come to that decision based on looking at the SPX, monthly chart, which is now on a buy. The daily OEX chart, is on a sell though. Here is a look at our VIX, Channel chart. I think we could get an even wider trading range on the below SPX chart. 2070 - 2020, may be the normal range, with DIG, holding around these levels. Here is a look at GDX, and GLD. GDX, may have support at 23.60. 120.80 - 115.25 might be a new range for GLD. I may end up staying with just weekend blog updates going forward, with charts updated daily.

SPX Chart

((( Taylor Swift - Red )))
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May 16, 2016
Traders Talk

Gold and Oil Guy.

Cycle Low Next Week

Dailydart.com updated.

My week went rather well. I did only manage to have charts updated though. I had one of the worst colds last week, I do not normally get sick. I hardly had any shifts last week, but I still manage time, as if I going to be getting fulls shifts. Not sure how busy I might be this week. The stock market, still has not tipped it's hat either to me, if we are about to start a decline, or on the start of a new rally. TRIX, is still on a sell. Our SPX, Bradley chart, if now on a sell. Not much change for gold, either. Both of my numbers may still be working. We may need to see the NYA, get above 10334, to see any rally for stocks. 2023, might be the number for the bulls to hold on our SPX, Bradley chart, if we keep dropping. Going below 2030, on the below SPX chart, may indicate we are going lower.

SPX Chart

((( Clean - Taylor Swift )))
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May 9, 2016
Dailydart.com

Counter Trend Rally

Dailydart.com updated.

Sorry I have not been able to update the blog during the week. I would be getting almost no sleep. I do manage to have the charts updated before the stock market close, usually. 2070, looks to the number for the bulls to get above this week, on the below SPX chart. We do look to have Bradley days, on the 9th, and the 11th this week. Two new numbers for GLD. 124, and 121. A break of either number, and we could see gold, moving in that direction. 1062.78, may be important support on this RUT chart.

SPX Chart

((( Wildest Dreaams - Taylor Swift )))
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May 2, 2016
Traders Talk

Gold COT's

Gold or silver?

Dailydart.com updated.

Looks like we are starting May, with TRIX, still on a sell. Does not look like a summer rally any time soon. I did say we needed to see some strength last week to see that setup. MAJ, on the OEX, has now joined MAJ, on the Nasdaq, on a sell as well. One NYA chart, may be telling us we may need to see the NYA, above 10480.22, to see any rally happening from here. Is our Bradley chart, setup for good pullback? The 2000 level on the SPX, may be a must hold level. 2068.72, may still be an important number on the upside as well, we saw what happened when we lost the number. I look to be busy this week as well. You should continue to see all charts updated.

SPX Chart

((( Taylor Swift - State Of Grace )))
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April 28, 2016
Traders Talk

Trade Spikes

I have some extra time today, I have  been following our indicators. We may bee getting a pullback, but I would not be surprised to see a quick reversal from Apple. Might be all that it takes. MAJ, om the Nasdaq, has been leading us down along with TRIX, staying on a sell. There also looks to be a Bradley, on Friday. It may be up to the Yen, today. Bulls, may need 2068.72, to hold if we we keep going down. DIG, has continued to get stronger.

SPX Chart

((( Taylor Swift - Blank Space )))
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April 25, 2016
Dailydart.com

Dailydart.com updated.

I had some full time work last week. Looks like my blog may be limited to weekends only for now, but you are getting updated charts. Gold, had an interesting sideways week. 118.69, and 114.88 still looks to be the numbers to see a break out move with GLD. DIG, still looks to be moving up strongly, and may be providing a floor on the stock market. I would not be surprised to see the 30, level tested on DIG, to see if there is strong support. May be all that the bears may get. IWM, has filled a gap, and looks to be moving along with DIG. If we get a strong close this week on the below monthly SPX chart, and we may be setting up for a summer rally.

SPX Monthly Chart

Taylor Swift - Long Live
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April 18, 2016
Traders Talk

Radio Interview

Dailydart.com updated.

It is looking like I will only have time to update charts, and some of the great Dailydart, posts you have been seeing. I will do my best. Right now it is looking that way, for a while. Weekends should be okay. Thank you for stopping by to read our posts.

The lower indicator you see on the below OEX chart, is now above the zero line. The rally may continue, if we can get through the Fibonacci zone, just above 927. The Russell, has been helping out, we see a wide Fibonacci zone, on that chart. DIG, is above 30, but we may still see a pullback. I think bulls want the 30, level to hold. The lower indicator on GLD, is on a sell. Above 118.69, on GLD, may be the number bulls need to see, for a continued rally with gold

OEX Chart

Taylor Swift - Shake It Off

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April 14, 2016
Dailydart.com

GOLD EAGLE NEWS

Dailydart.com updated.

Looking good so far for the bulls, I think the below RUT chart, really helped out. We do look to have a Bradley day, on Friday. Hopefully, 2071, will hold on any pullbacks on this SPX chart. Gold, may still see pullbacks though. I am just not confident in the current move, we may have already topped out. This weekly SPX chart, may have some 
resistance for the bulls at 2120.

RUT Chart

((( Taylor Swift - New Romantics )))
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April 13, 2016
Traders Talk

Dailydart.com updated.

Would that not be a wonderful world? If we kept interest rates low, and managed to bring down global debt significantly. I do not think a book has been written about that. We have all sorts of books we can go to for the way most of us have lived, with interest rates always going up. May be just a dream. The other dream may still be the stock market, we still look to be in a possible sideways pattern. TRIX, did turn up though, but it still below the zero line. Will we get the breakout today? Bulls, may have to watch SOX, it did not rally yesterday. As long as 2040, is still holding on our SPX, Bradley chart we may see some new highs coming up.

SPX Chart

((( Taylor Swift - Everyhing Has Changed )))
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April 12, 2016
Dailydart.com

Gold Spike Alert

Dailydart.com updated.

I thought I would pull up an Apple chart, see if that might help. The lower indicator is still oversold below the zero line. Looks range bound to me as well. Still do not see a good trade to put on. VIX, above 17.15, may indicate bears, who bet on some downside, may get a good payoff. The SPX, is still at my 2040, number, on the Bradley chart. TRIX, still looks to be on a sell. GLD, did break out with a gap, above 118.69. Gold bears may not only see further down, it we break below the number. If SOX, continues down, we may see the stock market, correcting further. Bulls want RSI, to hold here,on this BigCharts, showing the RUT.

SPX Chart

Taylor Swift - Style
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April 11, 2016
Traders Talk

Trade Spikes

Dailydart.com updated.

Great to be watching the Masters, I had no idea it was that windy there. I hope I get a chance to play there one day, at least once.

Still difficult to call the stock market. TRIX, did break below the zero line, however the number I mentioned on the below RUT chart, wast not even tested. We may get more sideways, with the RUT, holding us up. The SPX, breaking below 2040, may help out the bears, on our Bradley chart. Two numbers for GLD, that may be important are 118.69, and 114.88, looking at this GLD chart. A break to the upside, may confirm a buy signal from the lower indicator. A break below 114.88, may confirm a down move.

RUT Chart

((( Taylor Swift - Wildest Dreams )))
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April 8, 2016
Dailydart.com

Trades

Dailydart.com updated.
 

I hope you are liking some if our other posts, there are so many ways to make money with the stock market. I think I have been giving some good numbers to trade from. Today might tell us, if this was just a quick drop in the market. We may still test some of the 200 days. I have a new number for the RUT, today. I think if we stay below 1088.56, on the index, we may get more of a correction. We do look to be below the 914, number I mentioned on the weekly, OEX chart. The chart still looks to be on a buy though, and DIG, is still above 30. We also look to have a Bradley, on Monday. What happens today, may continue. Have a great weekend everyone! Thank you for all the help, :]

 

SPX Chart

((( Taylor Swift - Shake It Off )))
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OEX Trader