Bear2020s

Bear2020s

As per my previous analysis, after making a strong breakout of support Dow can go a lot lower. We've seen a bigger move up and the formation of a butterfly pattern. This gives selling opportunities using stop losses from the 5 - 15 min butterfly pattern and targeting the larger move of the trend. This can be 1:20 - 1:30 RR upwards.

Bear2020s

I was a bit too quick with my previous Dow shorts. I am selling Dow again 29,000 and stop loss 28,900 with stops 29,340. I am a bit wary of there being a strong secondary spike into 29,000 sort of area. If I see this I will sell more when the spike happens. If not, I will sell more when I see price breaking through the previous lows.

Bear2020s

Big stocks in the Nas have had big gaps up on positive news, with prices gaining 10% + in the out of ours markets. Since this has happened prices have hung around the gap open area and now seem to be weakening. These moves on the stocks would be large percentage moves even in a smaller correction. If this more than that and these are long term high points, this...

Bear2020s

After making a crucial breakout last week, we may be at the start of one of the worst weeks we've ever seen in the Dow Jones. The market has made a sharp rally and may be topping out now. I am selling 28,600 with stop 28,900. If we go back through the low we will probably see strong selling. I'll keep my stops tight and perhaps look to sell again into a ...

Bear2020s

The Dow bounced on the big breakout level and got very close to the pending order entries of 29,000. After falling from just under here, it traded back down to the low and looks like it may be making a double bottom currently in the futures market. This could be the start of a second leg up that will trade just above the previous highs and into the 29,000 area....

Bear2020s Updated 

Markets should bounce back enough today to let people ease up losing positions. The Dow is down about 3% from when I flagged it as a selling opportunity last Friday. Although the smallest part of the move, the final push lower yesterday from 28,800 to the low of 28,400 is the part that gives us hints this can sell more. I said the level the price stopped...

Bear2020s

In my previous Dow analysis last Friday I said; "The DJIA looks like it may fail to make a new high and start to fall through the day. If this happens, it could make the start of a more significant downtrend in the US indices starting. I have increased my shorts on Dow and S&P at 29,200 and 3,300. I continue to use the same strategy of stops a bit above the...

Bear2020s

The DJIA looks like it may fail to make a new high and start to fall through the day. If this happens, it could make the start of a more significant downtrend in the US indices starting. I have increased my shorts on Dow and S&P at 29,200 and 3,300. I continue to use the same strategy of stops a bit above the high to prevent from risks of breakouts. If this...

Bear2020s

The same analysis as in my S&P500 post about US indices perhaps being at the peak of a 50 year bubble also applies to the Dow Jones. I am selling the Dow 29,300. As with the S&P500 analysis, I'll keep stops above the highs so if it keeps going up I am only taking very small losing trades. If price starts to fall I will add more positions as it does.

Bear2020s

US indices have spent almost an entire year melting up after the last bear move of 2018. People from all walks of life are entering into the market. People who would have previous considered stocks exotic, confusing and complicated are lulled into the market on the easy promise of low risk, small fee and ever rising Index funds. Uber drivers are giving tips...

Bear2020s

Precious metals can become stronger if stock prices weaken. Of late we've seen gold trending upwards a lot more than silver, and we could have a situation where silver starts to catch up with gold. Since silver is usually twice as volatile as gold and currently far lower in it's previous swing, this means silver may be a top performing asset in a metals rally....

Bear2020s

KHC is down heavily after bouts of bad news about accounting investigation, missed earnings estimates and write downs. Recently it has a crash of around 30% in a single day upon the release of a statement disclosing several aspects of this. Despite its mishaps, KHC is a well established company with entrenched products. These are often fairly low in cost...

Bear2020s

Cannabis related stocks have the potential to gain a lot if we see new breakthroughs in studies on cannabinoids, especially on CBD (and other non-psychotropics). Public exposure to CBD is widening, with more large chain retail shops stocking them on their shelves. The cannabis business may be a tricky one for growers and sellers, with various risks in product...

Bear2020s

T is highly leveraged on debt after acquisitions. There has been an expressed effort to pay down this debt and improve the debt to earnings ratio, but there is still a lot there. This makes T vulnerable to economic factors turning against them. Interest rate hikes would hurt them a lot (These seem unlikely), and a drop in the economy troubling earnings can sting...

Bear2020s

Vanguard funds have substantial exposure to bad market conditions. Investors will usually find their investment weighted towards the most popular stocks - and these can be the most volatile ones. Although the portfolios can own many different stocks, a large share of these is usually condensed in a small percentage of them. Meaning there is more risk on...

Bear2020s

The meteoric rise and rise again of TSLA has caught the attention of a lot of traders. Although small investors are often highly bullish on TSLA, expecting prices of over 600 in the near future, larger investors have long been bearish on TSLA and continue to increase their short positions. 20% of the currently available stock on TSLA is shorts - which are mainly...