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Author: Jeff Pierce

4 More Years of Bear…

…according to Prechter. These charts are always “fun” to look at but in my opinion next to impossible to utilize in your trading plan. Because the sooner you start to become one sided in your bias, the more...

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Drifting Higher

I’m seeing enough positive things in the Nasdaq that leads me to believe we’re going to move higher. How far exactly I can’t say, but my signals are now bullish and the ability of the markets to stay above the...

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Family Pic Minus One

Here is a picture from yesterday’s Graduation. It was crazy after the ceremonies with everybody wanting to get pictures with Arielle. The really little one in the picture is our girls half-sister. We agreed this was one of...

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Which Chart Is More Bullish?

First off I want to get to my timing system and say it went bullish today. I excited my remaining shorts (both were down today so that was a good thing) and have the green light to start to look for long entries. The...

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Seriously Bulls….

I’m not exactly sure who is buying this rally based on the volume, but I really didn’t expect this type of snapback rally. Today I received a reverse signal on my indicators (although I always give it one day to...

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Not Much New to Report

Stocks appear to be hitting a ceiling. I still have a sell signal on the markets and yet I didn’t add any new shorts today because my signal could turn bullish any day. Therefore I’m sitting tight on what I have...

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Nasdaq Ceiling Could be 20ema

An opening gap higher (futures pointing to this) would almost put us above the 20ema, which has been some significant resistance since the market collapse in early May. Now is when we’ll see what kind of traction this...

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Quantitative Easing Dead Ahead

I can’t even begin to imagine what another $5 Trillion QA will do to the future generations, and what they’ll be responsible to pay back in interest. Gordon Long makes a good case for an extremely bleak economy where...

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Vix in a Healthy Pullback

With the markets rally this week I wanted to look and see if the Vix was telling us anything.  To me this looks like nothing more than a healthy correction and it has 3 key things going for it that signals the downtrend in...

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