Intraday & Trading

November 21st, 2017: PRE-MARKET

The Dow will open with a massive 100+ points gap higher.

It appears the conundrum discussed in our weekly update is being resolved today. That is, the market will try to close all remaining gaps lower from two weeks ago. That gap on the Dow is at 23,560. Once closed, downside can resume. Assuming the Dow doesn't want to deliver a more exact hit on 23,650. Now, today's opening is nearly ideal as it projects future direction. In addition to the gap from last week.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 20th, 2017: PRE-MARKET

The Dow will open 20+ points higher.

No changes to our weekly update. We are waiting for a confirmation that the top is in. Despite this trading week being typically slow, it is possible we will see a breakdown at some point this week. Assuming our elliptical chart presented in our weekly update is correct.The other possibility is the market will close its structural gaps lower before resuming downtrend. It is wait and see for now.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 17th, 2017: PRE-MARKET

The Dow will open 30+ points lower.

Short-term, it is highly probable that the market will close today's gap lower. Longer-term, no changes to our daily/weekly forecasts .We are waiting to see if the top on the Dow is in or not. With the possibility of other indices closing their gap downs from last week or re-testing prior highs. For now we wait. If the Dow can break below Wednesday's low, it would act as yet another confirmation point that the top is in.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 16th, 2017: PRE-MARKET

The Dow will open with a 80+ point gap higher.

Short-term, the market structure continues to get uglier by the day. Especially with today's opening. Having said that, our longer-term forecast remains exactly the same. We are waiting for a confirmation that the top is in. And while some data points are beginning to confirm, others suggests we re-test the highs one more time. As was outlined in our daily update. It is wait and see for now.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 15th, 2017: PRE-MARKET

The Dow will open 100+ points lower.

No changes to our daily/weekly updates. Again, this is not an optimal structural development (another gap down), but lets see how the market develops today. If the Dow is able to take out 23,300 with conviction, I believe it would confirm that the top is in. If not, there is still that possibility that we push into a slightly higher high. Wait and see for now. No other changes to our weekly forecast.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.November 14th, 2017: PRE-MARKET

The Dow will open  30+ points lower.

No changes to our daily/weekly updates. Again, this is not an optimal structural development, but lets see how the market develops today. If the Dow is able to take out 23,300, I believe it would confirm that the top is in. If not, there is still that possibility that we push into a slightly higher high. Wait and see for now. No other changes to our weekly forecast.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 13th, 2017: PRE-MARKET

The Dow will open with 70+ points gap down.

This is not an optimal structural development, but lets see how the market develops today. If the Dow is able to take out 23,300, I believe it would confirm that the top is in. If not, there is still that possibility that we push into a slightly higher high. Wait and see for now. No other changes to our weekly forecast.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.

November 10th, 2017: PRE-MARKET

The Dow will open slightly lower.

No changes to our weekly/daily updates. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) can hit at any point this week - including today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. November 9th, 2017: PRE-MARKET

The Dow will open with a substantial 70+ points gap down.

That is not an optimal opening, but let's see how we trade today first. Don't be surprised if we see the closure of this gap Intraday.

Otherwise, no changes to our weekly/daily updates. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) can hit at any point this week.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 8th, 2017: PRE-MARKET

The Dow will open slightly lower

No changes to our weekly/daily updates. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 (+/- 50 points) over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) can hit at any point this week.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 7th, 2017: PRE-MARKET

The Dow will open slightly higher.

No changes to our weekly/daily updates. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 (+/- 50 points) over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) can hit at any point this week.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 6th, 2017: PRE-MARKET

The Dow will open slightly higher.

No changes to our weekly update. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 (+/- 50 points) over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) can hit at any point this week.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 3rd, 2017: PRE-MARKET

The Dow will open slightly higher.

No changes to our daily update. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 (+/- 50 points) over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) is a point of interest, but cycles are already arriving. As soon as today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 2nd, 2017: PRE-MARKET

The Dow will open slightly higher.

No changes to our daily update. We are waiting to see if the top is in or if the Dow pushes to its final target of 23,650 (+/- 50 points) over the next few days. If the Dow is able to break below 23,300, the top is in. Otherwise, we are likely to push into the final high. November 8th (+/- 2 trading days) is a point of interest, but cycles are already arriving. As soon as today.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

November 1st, 2017: PRE-MARKET

The Dow will open with a massive 120+ point gap higher.

It appears the short-term conundrum we have discussed over the last few days has resolved to the upside. That means the Dow index will go to hit the upside target of 23,650 (+/- 50 points) to complete this bull market. Other indices are expected to hit their respective highs. Now ranging from 1-2% upside. The move is likely to complete by November 8th, the next TIME turning point of interest.Today's gap higher is yet another confirmation point that the decline is coming.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

October 31st, 2017: PRE-MARKET

The Dow will open 30 points higher.

No changes to our weekly/daily updates. We are still waiting for a confirmation. We are waiting to see if the top on the Dow is in or if the Dow decides to push towards 23,650. We should have our answer this week. For now, we wait.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 

October 30th, 2017: PRE-MARKET

The Dow will open 50+ points lower.

This gap down suggests the market will come back to close it. Probably as soon as today. Otherwise,no changes to our weekly update. We are waiting to see if the top on the Dow is in or if the Dow decides to push towards 23,650. We should have our answer this week. For now, we wait.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned. 
October 27th, 2017: PRE-MARKET

The Dow will open slightly higher. The Nasdaq will open with a massive gap higher. Due to tech earnings. This is yet another confirmation point, now on the Nasdaq, that a large scale sell-off is coming. This gap will be closed. Perhaps as soon as today.

Otherwise, no changes to our daily update. We are waiting to see if the top is in or if the Dow still wants to push to 23,650. If today's rally or open fail (especially on the Nasdaq), it would be yet another confirmation point that the Dow is done. For now, we wait.

INDIVIDUAL STOCKS: No changes.

BONDS: No changes.

COMMODITIES: No changes.

CURRENCIES: No changes.

Stay tuned.