whaleshares – Page 7

Has Gold Finally Made the Long Awaited Bullish Turn? $GLD $GDX $NUGT

February 3, 2019 Published by heyimsnuffles

After almost a decade of waiting, has Gold finally made the turn? Gold has been in a bear market since topping before 2012 and has done noting but CHOPPED everyone up since 2013. As you can see the price has made it back to 2013 levels here over 1300. So where does it go from here?

Gold has made continuous higher lows since the bottom in late 2015. Following this there have been multiple substantial sells that price has absorbed such as Brexit, the Trump Election, and the volatility stretch and spike that occurred last year. Gold was stretch multiple time

$SPX Weekly Outlook : Neutral $QQQ $IWM $DJI

February 1, 2019 Published by heyimsnuffles

There is no sugar coating this rally off the lows when the plunge protection team stepped in on the night of Christmas Eve. This has been vicious and the BEST January start to the market all time (which is a very long time).

You have to be respectful of the rate of change in this increase off the lows. I am fairly certain that we are approaching an area where we should see 1 of 2 things. 1. A substantial pullback at least into the 2540 SPX area or even lower to continue the bear. OR 2. Some sideways action that

Everyone all bullied up yet? $AAPL Bounces, $FB Bounces…

January 31, 2019 Published by heyimsnuffles

The Bulls are back baby! You can feel it in the air. Big Momma $AAPL reported earnings on Tuesday with a BEAT (disregard the lowered guidance that tanked the stock in early Dec/Jan) and now $FB has come through with a BEAT (disregard the Daily active users not changing as a percentage of monthly users for NINE CONSECUTIVE QUARTERS lol.

The SPX has rallied off the lows and has had one of the greatest starts to a year in recent history.
My advice is to sit and wait here. The EASY money has been made. Yes, we have V-shaped up but now

$SPX Weekly Outlook: Neutral to Bearish $QQQ $IWM $DJI

January 26, 2019 Published by heyimsnuffles

The Government is now open – for 3 weeks at least. It took over 30 days for the shutdown to cease and the market rallied +10% during that time, a record. Oh the irony. US Markets have come a long way off the lows essentially in a straight line. The buy was on Christmas Eve, the buy is NOT now.

US Markets have put in a hanging man candle and essentially closed flat on the week. I am looking for a reversal candle in the near future. IF, and this is a big if, we do not get a reversal and we

The US Markets Path Going Forward $SPX $QQQ $IWM

January 25, 2019 Published by heyimsnuffles

The rally off the lows V shaped to new highs over the past 4 weeks. This was quite a V-shaped rally, which unsurprisingly, caught EVERYONE off guard. At the lows on Christmas Eve I said the rally is commencing and the immediate lows were in.
This was very important and still holds true. No one knows just how far the bounce goes, or rally for that matter but there are levels that should be noted. Regardless of how long it took, we are now here…

The market has 4 MAJOR levels of resistance that it will have to overtake before it

What happens after the bounce is what matters!

January 16, 2019 Published by heyimsnuffles

Well folks, we are now here. On Christmas Eve I said we are bouncing, followed by what happens after the bounce is what matters going forward. This V shape bounce (somewhat surprising how quick) has now ran into some HUGE sellers at 2610 and 2680.

If you go back and read my previous posts, these two levels have been mentioned over, and over, and over again, and again, and again. By drawing the resistance line you can literally see the wall that has been created from past prices. There is a 90% chance this causes trouble, the other 10% is a

If the Aussie Bottoms, so do Commodities…

January 15, 2019 Published by heyimsnuffles

I have been lurking and hunting for the commodity bottom for the past 3 years. Every single small rally has been sold and we truly are in uncharted waters regarding how pressed down the commodity market has been recently. Commodities are one of the largest impacts to the Australian economy seeing as it has an abundance of natural resources on the continent. Therefore the Aussie dollar wants to see commodity prices increase. Check out how oversold the commodity market is…

And then look what happened after each of these signals. I am not sure if the time is now, seeing as

$SPX Weekly Outlook: Neutral Bearish $QQQ $IWM $DJI

January 13, 2019 Published by heyimsnuffles

Here we are back again with another weekly look at the US Markets. SPX has rallied off the panic lows from Christmas Eve (which was called for) and is sitting right at 2600 resistance. The Outlook is neutral with a Besrish bias…
You can see the clear resistance lines of 2600 AND 2680. This resistance goes all the way back to 2017 and should be noted. IF you missed the first chance to sell at 2900 and then the break of 2760 then here is yet ANOTHER chance to sell.
The largest rallies happen in BEAR MARKETS, and do not let the

The Gold Trade $GLD $GDX $SLV $NUGT

January 10, 2019 Published by timm

Gold has been absolutely DESTROYED over the past couple years, and quite frankly been a big, fat, waste of mental capital. Well the wind and times may be changing for the pet yellow rock. Take a look…

I am taking a look at the GLD etf to make it easy and it is very liquid for any person who wants gold exposure (I personally advocate buying the physical metal). Notice how the monster rally took place while price was trading ABOVE the 200 weekly MA (blue line). Since the top we have been under this indicator for the majority of time

All Roads Lead to the End of the Dollar as We Know It Today

January 9, 2019 Published by timm

King Dollar. The World Reserve Currency. The currency that everything is based on, will NOT be the World Reserve in under the next 10 years. You may ask what is my reasoning? Well there are numerous reasons this trend has already began to unfold.
“Besides the fact the Federal Reserve is killing the dollar with QE1, QE2, QE3, QE-Twist, and QE-Forever (soon to be announced lol). Besides the fact that the gold standard which is what the dollar was originally based on no longer exists. Besides the fact that America is no longer the strongest economy in the world and our

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