MET TARGET – Goldman Sachs Forecast 8/25/2015
Goldman Sachs (NYSE:GS) followed the markets into a violent wave of selling, and offered any number of great places to exit with a profit.
MET TARGET – EUR/USD Forecast 8/25/2015
(EUR/USD) has more than exceeded our profit targets as it followed through on the forecast from last week. Time to trail stops to break-even and let this new uptrend “breath”.
MET TARGET – JPM Forecast 8/25/2015
JP Morgan Chase (JPM) flash-crashed hard and paid us nicely for holding on to partials in the position.
SPY Forecast 8/25/2015
The S&P 500 index proxy (SPY) has broken down out of its range with a vengeance. This sets the stage for a more serious shift into a bear market, but there is always a chance of another Fed bailout. Our forecast is for price to rally a bit, then turn lower for a retest and…
Archived Q&A Session 8/19/15
SPY Forecast 8/18/2015
The S&P 500 index proxy (SPY) is still lost within its range. For deeper time-frame investor/traders, the odds picture remains muddy and now seems like a good time to keep your powder dry. For intra-day traders, there is small time-frame bullish power which we forecast will offer some good short term upward trends intra-day.
WMT Forecast 8/18/2015
WallMart (NYSE:WMT) failed to form a double bottom, and this failure to “set up” has taken this stock off our radar at this time.
MET TARGET – JPM Forecast 8/18/2015
JP Morgan Chase (JPM) met our initial profit objective as the blue zone was tested. Now, stops could be trailed above the range in the $69.50 area as the bearish power has grown nicely. We forecast that a lower high will form and this will give the market the confirmation it needs to confirm a…
EUR/USD Forecast 8/18/2015
(EUR/USD) has triggered the inverse head and shoulders reversal pattern as described in the previous forecast. Now, we forecast that the bullish acceleration will continue as this market breaks free from resistance.