Category: Invest with Alex

– State of the Market Address:

• The Dow has broken above 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.30  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 79.39  – overbought. Daily RSI is at 76.68 – overbought.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,850 today (on weekly).
• Weekly Stochastics at 97.20- overbought. Daily at 97.74 -overbought.
• NYSE McClellan Oscillator is at -19. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest increased somewhat. Now at 100K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 4X, the S&P is at 2.5X, Russell 2000 is at 1.5X and the Nasdaq is at 2X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market.If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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Please note, Gold has been trading within the confines of a large and long-term compressing wedge. Before the wedge terminates early next year, Gold will either breakout or breakdown.

Initial targeting suggests Gold will surge to at least $1,600 if breakout occurs and as low as $800 if its the other other way around.

Now, Gold bugs would be quick to point out that Gold at $800 would be unthinkable. Not when the FED is pumping money, the USD is falling and multiple wars are about to breakout.

Perhaps. 

Yet, today’s situation is much more complex and we discuss exactly that in our commodities sections covering Gold, Silver and Oil. So, if you would like to find out which way Gold breaks, when and how far it goes, we suggest you CLICK HERE

Here is Mr. Trump talking responsibility for the “Big, Fat and Ugly”, as he called it during the election process, stock market bubble. Stupidity, pure and simple.

Dow hit 22,000 for the first time ever! So much incredible spirit & optimism! Love it! #MAGA #USA 🇺🇸🇺🇸

A post shared by President Donald J. Trump (@realdonaldtrump) on Aug 2, 2017 at 6:45pm PDT

And who could forget this jam from early 2007. If you recall, the real estate market was already accelerating down.

What do they have in common?

Same story…..different clown. 

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

– State of the Market Address:

• The Dow is now above 22,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.30  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 78.61  – overbought. Daily RSI is at 74.67 – overbought.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,850 today (on weekly).
• Weekly Stochastics at 96.67- overbought. Daily at 94.30 -overbought.
• NYSE McClellan Oscillator is at +5. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest increased somewhat. Now at 90K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 5X, the S&P is at 3X, Russell 2000 is at 1.5X and the Nasdaq is at 2X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

– State of the Market Address:

• The Dow remains well above 21,500.
• Shiller’s Adjusted S&P P/E ratio is now at 30.20  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 77.19  – overbought. Daily RSI is at 70.70 – overbought.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,850 today (on weekly).
• Weekly Stochastics at 96.44- overbought. Daily at 96.95 -overbought.
• NYSE McClellan Oscillator is at +1. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest increased somewhat. Now at 90K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 5X, the S&P is at 3X, Russell 2000 is at 1.5X and the Nasdaq is at 2X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

– State of the Market Address:

• The Dow remains well above 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.30  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 74.92  – overbought. Daily RSI is at 64.00 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,850 today (on weekly).
• Weekly Stochastics at 95.39 – overbought. Daily at 78.12 -overbought.
• NYSE McClellan Oscillator is at +13. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest remains the same. Now at 70K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 5X, the S&P is at 3X, Russell 2000 is at 2X and the Nasdaq is at 2X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

– State of the Market Address:

• The Dow remains well above 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 30.26  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 70.28  – overbought. Daily RSI is at 54.31 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,750 today (on weekly).
• Weekly Stochastics at 91.31 – overbought. Daily at 71.86 -overbought.
• NYSE McClellan Oscillator is at +19. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest remains the same. Now at 70K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 5X, the S&P is at 3X, Russell 2000 is at 2X and the Nasdaq is at 2X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

ELLIOTT WAVE UPDATE:

Since many people have asked, I will attempt to give you my interpretation of Elliott Wave and how it is playing out in the market. First, I must admit. I don’t claim to be an EW expert, but I hope my “standard” interpretation is of help.

Let’s take a look at the most likely recent count on the S&P.

Explanation:

Long-Term: It appears the S&P is quickly approaching the termination point of its (5) wave up off of 2009 bottom. If true,we should see a massive sell-off later this year.

Short-Term: It appears the S&P might have completed its intermediary wave 3 and now 4. It appears the market is now pushing higher to complete wave 5 of (5). If true, the above count should terminate the bull market.If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

---

State of the Market Address:

• The Dow remains well above 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.68.  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 71.89 – overbought. Daily RSI is at 55.43 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,700 today (on weekly).
• Weekly Stochastics at 86.13 – overbought. Daily at 50.29-neutral.
• NYSE McClellan Oscillator is at -12. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest remains the same. Now at 70K contracts net long. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 6X, the S&P is at 3X, Russell 2000 is at 2X and the Nasdaq is at 3X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

---

ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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State of the Market Address:

• The Dow remains well above 21,000.
• Shiller’s Adjusted S&P P/E ratio is now at 29.66.  Arguably the highest level in history (if we adjust for 2000 distortions) and now above 1929 top of 29.55.
• Weekly RSI at 73.08 – overbought. Daily RSI is at 60.78 – neutral.
• Prior years corrections terminated at around 200 day moving average. Located at around 17,700 today (on weekly).
• Weekly Stochastics at 88.25 – overbought. Daily at 50-neutral.
• NYSE McClellan Oscillator is at 0. Neutral.
• Volatility measures VIX/VXX are once again sitting at or near their historic lows. Commercial VIX long interest has declined. Now at 70K contracts net long Vs 90K contracts last week. 
• Last week’s CTO Reports suggest that commercials (smart money) are shifting their positioning to net short. Short interest has decreased slightly during the week. For now, the Dow is 6X, the S&P is at 3X, Russell 2000 is at 2X and the Nasdaq is at 6X short. That is a substantial short position against the market.

In summary: For the time being and long-term, the market remains in a clear bull trend. Yet, a number of longer-term indicators suggest the market might experience a substantial correction ahead.  Plus, the “smart money” is positioning for some sort of a sell-off.

If you would like to find out exactly what happens next based on our Timing and Mathematical work, please Click Here. 

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ATTENTION!!! Please note, we have moved most of our free editorial content to our new website MarketSpartans.com Please Click Here to view it.

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