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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (17943)3/16/2016 3:18:43 PM
From: John Pitera  Respond to of 33421
 
so no rate hike and so we are back to rally mode in stocks, gold and oil... and I believe we will move from April nymex contract to May tomorrow and that will add an extra buck and a half to crude prices....

it was literally a 4 out of 97 odds of a rate increase this month so ...the odds played out as they should have.

the IBB is so heavy that the BIS which is the bear biotech etf went up in price with the biotech selling off initially even though the other bull etfs went up and the bear etfs went down........ it took the rally a while to get going.

the Crude and Gold rally is overall more impressive than than the equity rally. the USD is selling off nicely against the EUR the Yen and the USD index continues to weaken. stopped out of the short CAD at a small profit as we moved the stop loss to a small gain after the trade had moved in the right direction.

Let's see how the global market settle out over night.

John



To: John Pitera who wrote (17943)3/16/2016 9:51:01 PM
From: Chip McVickar1 Recommendation

Recommended By
Blasher

  Read Replies (4) | Respond to of 33421
 
John...

My work has a window for trend reversal open until the 28th

Cycleupcycledown also is posting... his work is open for market reversal

I believe his posts are worth posting here...

It's from one of SI's most under followed cycle traders

March 23 ....2o16......full moon crash......solar ecllpse March 9 .....lunar ecllpse March 23.......If you believe that lunar or solar cycles have any effect on the stock market, you might want to pay attention to this column. If not, you might find this column a little ... spacey.Several years back, a cycle watcher named Steve Puetz attempted to see if eclipses and market crashes were somehow related. He studied eight of the greatest crashes in financial history, from the Holland Tulip Mania of 1637 to the Nikkei of 1990. He found that market crashes tend to occur near full moons, and that the greatest number of crashes start after the first full moon after a solar eclipse, when that full moon is also a lunar eclipse. Puetz found that all eight crashes occurred six days before to three days after a full moon that occurred within six weeks of a solar eclipse. The odds of that being a coincidence, Puetz calculated, are less than 1 in 127,000

Message 30492872

crash watch 9 days

Message 30504260



To: John Pitera who wrote (17943)3/16/2016 11:43:25 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
I don't quite get what the Feds goals are here...???

Are they geocentrically measuring our economic health against the worlds...?
Why would they give up domestic strengths to placate international interests

This country should be more important to them then anywhere else.
I just hope they don't use negative interest rates to conciliate international interests.
Selling us out for the new ideology of international oneness

Raise the bloody rates and leave us alone to sort it out...