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Tuesday, January 14, 2025

$SPX - 2025 - A Transition Year

SPX has struggled going into 2025 and it is likely a transition year. The local trendline is being tested and may produce a little support. Ultimately SPX is likely to see lower levels. A rocky year is to be expected as this transition is underway. Daily

Friday, December 27, 2024

SVXY - Unusual VIX Spikes

The August volatility in markets can be explained by SVXY measured moves equal size with the Covid collapse of 2020. Last Wednesday the VIX spiked 74% the second largest in history. These unusual spikes in VIX are happening more frequently and are a warning that markets are becoming increasingly unstable at these high levels. Weekly

Saturday, November 2, 2024

XLE - Oil Sector Bull Continues

Oil shares have continued to rise along the 50 weekly average. Of note Oil shares didn't even see the 2022 bear market that was seen in the SPX. There hasn't been any significant pullbacks in the Oil Sector either. Weekly

Tuesday, October 29, 2024

DJT - Breakout Coming!

Trump has been making a strong push here with the US Election coming up soon on November 5th. DJT looks poised to break out higher, possibly well over $100 in short term. Dailies

Wednesday, September 11, 2024

SVXY - Retest Lows Likely

Markets are weak and another shot of volatility can come next! A rate cut next week may be a disappointment if it does not match the markets expectations. Daily

Thursday, August 8, 2024

SVXY - Testing Trendline!

The Hindenburg Omen warned in May and since that time several triggers induced a panic. Volatility spiked and with VIX testing 65 this week, SVXY is testing it's long term trendline. After the panic, volatility has been subsiding this week. SVXY still is in an uptrend. Monthly

Thursday, July 4, 2024

$WTI - Crude Oil Monthly

Crude Oil has been consolidating from the breakout in 2022. Oil is relatively cheap and priced similar to 2007! Oil has been getting quite volatile in recent years with some consolidation since 2023. We should expect a test of the 2008 high. $150 Oil is coming... Monthly