Friday, December 9, 2022

DRIP - Oil Shares Weakening

Crude has been soft and energy shares are looking increasingly weak. Energy has been one of the few areas of outperformance this year, but the bear market may be weighing and dragging it down with everything else. DRIP looks to be turning up and may have some upside short term. Weeklies

Tuesday, October 11, 2022

UVXY - Volatility Rising!

UVXY is rising and a move higher in volatility is underway. UVXY is about halfway to the target price and still has decent upside. SPX is dropping every day and VIX holding 30's, and that is pressuring UVXY and UVIX higher. Weeklies

Thursday, September 29, 2022

BBBY - Spike Soon

Bed Bath and Beyond has a lot of problems. Distressed to say the least. However, the stock may spike soon. It tends to settle back in risk off and then spike risk on. Weekly

Monday, September 26, 2022

UVXY - Pop Likely Soon

UVXY hasn't broken out yet but a pop does look likely soon. Fear is coming from all angles it seems. 60min

Wednesday, September 21, 2022

Monday, August 22, 2022

XLE - Inverse Head and Shoulders

XLE has an inverse head and shoulders and looks to be getting ready to pop short term. There is a gap target area identified above. Oil and gas shares have run lately and Crude is looking cheap. A pop in Crude could be imminent leading to a further rise in Oil shares. 60 min and Daily Charts

Monday, August 15, 2022

$VIX - 4 Years of Uptrend!

Volatility has continued to trend higher for four years since 2018. This will eventually lead to a massive spike in volatility. Volatility is increasingly expanding over years, and has already tested the 2008 level in 2020. VIX is likely to come down a little to test the trendline and then rise off the major trendline. Daily