Monthly Archives: August 2015

Bo Yoder´s S&P update

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The S&P 500 (ETF Proxy – AMEX:SPY) has bounced away from its lows and is in the process of forming a lower high. Our forecast is that price will wriggle a bit but move higher up into the reversal zone drawn on the chart.  A retest of the lows is highly likely, so my posture…

Wait for the Green

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When I wrote last week that I felt there was more downside I was unprepared for the scale of the fall on Monday afternoon, UK time. The US market as defined by the Dow cash fell in an “air gap” to a 127 extension of the range defined by the October 2014 low to the…

Bo Yoder S&P Update

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Last week I wrote about the S&P 500 (ETF Proxy – AMEX:SPY)…”power readings will likely lead to a push back up to range highs …however, our proprietary 3D Apex Predictive Failure Technology™ indicates that any bullish price wave is destined to fail, so be forewarned not to get suckered into any signals.” Finally, after months…

Lots of Cockroaches

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My old friend and market forecaster Dennis Gartman says that in markets there is never a single cockroach. They always come a dozen at a time if at all. A bit like London taxis. This was the case in the week gone by and I will allow your weekend papers to discuss these insects in…

Bo Yoder S&P update

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The S&P 500 (ETF Proxy – AMEX:SPY) attempted a bearish breakdown this week and was soundly rejected as bullish power surged.  This reversal of power readings will likely lead to a push back up to range highs, and possibly even a breakout to the upside… However, our proprietary 3D Apex Predictive Failure Technology™ indicates that…

Beijing exporting deflation

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The main story of the week was the cut by China in the reference rate for its currency. This has taken off 3% of the value of the Yuan against its major trading partners and it occurred a day after Chinese exports fell by 8%. The move took the markets by surprise and although the…

Bo Yoder S&P update

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The S&P 500 (ETF Proxy – AMEX:SPY) cycled back through its range one more time with lower volatility, and an increase in bearish power. My bias is still strongly bearish, the case continues to be made and reinforced according to our forecasting models…  I’m beginning to suspect that the true bearish meltdown that we are…

The FTSE 100’s outlook hinges on the employment report on Wednesday

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So after a quiet and non-volatile few days for the FTSE 100 last week the London index is trading lower today breaking below the 6,700 points’ support that limited any price action during the previous sessions. During the time I am writing these lines to you I can see a correction attempt from the FTSE…

Big Hitters hanging in there

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My search the “Big Hitters” is not a standard search on the program but can be easily written in Unisearch. The search is designed to find undervalued shares that are growing their earnings both aggressively and safely. It’s been very good to me in both the UK and SA over my 5 years experience with…