As I mentioned in my video recording, the Monthly Candle charts are looking extremely bearish for the next couple of months. Rarely do I suggest for our members to move to cash, but I want to make sure everyone is protecting their money as the technical signals continue to turn bearish. I’d rather exit the […]
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Equity Oracle: 09/23/20
We are exiting this position in VXX tomorrow Sept. 23rd. The signals are no longer looking as bullish as they did last week so it’s better to take a small profit now rather than risk turning this winner into a loser. Keep in mind that this is a trade setup for the opening of the […]
Equity Oracle: 09/17/20
Below is a link that will bring you to the latest trade alert from The Equity Oracle. In the video I mentioned a Webex Event for traders who are not personal clients of mine. This event I mentioned is a separate event from the Open House Q&A Session that will take place on Monday the 21st. Below […]
Equity Oracle: 09/09/20
While my comments regarding risk management might seem a little redundant, I feel it’s important to stress the importance of managing risk on this position. I’ve been trading Gold and Silver since 1982 so I know how touchy this market can get. The price pattern and signals are looking bullish right now but be sure […]
Equity Oracle: 09/02/20
This stock is one that follows the technical signals like a charm and as you will see in the video, there is a long stretch of red candles, known as a stale red light. This simply means that we are long overdue for a green candle. I would recommend you buy half the position today […]