Up 51% Since March 10th!

By: Stock Barometer | Sat, May 2, 2009
Print Email

5/2/2009 8:15:56 AM

To ensure delivery and prevent this e-mail from being delivered to your bulk mail folder, please add our 'From' e-mail address, info@stockbarometer.com, to your address book or preferred sender list.

Morning Traders! I love weekends because it gives me a quiet time to review my market data and draw more objective conclusions - than I would with the market open.

This last trade has been the largest WIN of our service history - and while it's not closed yet, we're getting very close to pulling the trigger. If you want to get that signal, I would love to have you back as a subscriber. We have many different ways to participate in a subscription and new services that we offer.

First, you can sign up for a basic subscription to our Daily Stock Barometer for only 24.95 per month:

Subscribe For $24.95/Month

Or, if you want to have the ability to chat with me (and a few other of our traders) you can sign up for a premier level subscription, where you get all of the newsletters written by me, including Market Chat, Stock Option Speculator, Explosive Stock Alert and the Daily Stock Barometer - all for only 69.95 per month.

Subscribe For $69.95/Month

Again, I'd love to have you back as a subscriber and if you haven't tried our service - or if you are not up 51% since March 10th, then this is a great time to start! -Jay D

Our next key reversal date (5/7) aligns with the stress test release. Things that make you go hmmm.


Market Chat
Weekly Discussions on 'anything' Trading Related.
$49 per month or $469 per year.


 


Explosive Stock Alert
5 position trade/portfolio - Issued as dictated by market action.
$9.95 per month or $95 per year.


Stock Barometer Analysis

The barometer remains in Buy Mode, as we're looking for the market to move higher into May 7.

The Stock Barometer is my proprietary market timing system. The direction, slope and level of the Stock Barometer determine our outlook. For example, if the barometer line is moving down, we are in Sell Mode. A Buy or Sell Signal is triggered when the indicator clearly changes direction. Trend and support can override the barometer signals.


Day Trading Edge - with Paul Soo
A professional Day Trader navigates you through 2 to 10 trades per day


Stock Barometer Cycle Time

Monday is day 38 in our Up Cycle.

The Stock Barometer signals follow 5, 8, 13, 21 and sometimes 34 day Fibonacci cycles that balance with 'normal' market cycles. Knowing where you are in the current market cycle is important in deciding how long you expect to maintain a position.


The Advantage Report - with Angelo Campione
S&P and Nasdaq Market timing advice for only $10.95/month


Potential Cycle Reversal Dates

2009 Potential Reversal Dates: 1/20, 2/11, 3/7, 3/15, 4/8, 4/16, 4/27, 5/7, 6/8. We publish these dates up to 2 months in advance.

With our next key reversal date aligning with the release of the stress test results, we are looking for the market to move higher into that date.

I've also added our next date, 6/8. This means to me that the next move should be a mid term move - and if we peak into May 7th, then we consolidate or retest or crash lower into 6/8.

My Additional timing work is based on numerous cycles and has resulted in the above potential reversal dates. These are not to be confused with the barometer signals or cycle times. However, due to their past accuracy I post the dates here.

2008 Potential Reversal Dates: 12/31, 1/11, 2/1, 2/13, 3/6, 4/5, 4/22, 5/23, 6/6, 6/27, 7/13, 9/2, 10/3, 10/22, 11/10, 12/11. 2007 Potential Reversal Dates: 1/10, 1/14, 1/27, 1/31, 2/3, 2/17, 3/10, 3/24, 4/21, 5/6, 6/15, 8/29, 10/19, 11/29, 12/13, 12/23, 12/31, 1/11/08. 2006 potential reversal dates: 1/16, 1/30, 2/25, 3/19, 4/8, 5/8, 5/19, 6/6(20), 7/24, 8/20, 8/29, 9/15, 10/11, 11/28. 2005 Potential reversal dates: 12/27, 1/25, 2/16, 3/4, 3/14, 3/29, 4/5, 4/19, 5/2, 6/3, 6/10, 7/13, 7/28, 8/12, 8/30-31, 9/22, 10/4, 11/15, 11/20, 12/16.


Patrice V. Johnson's - J.E.D.I. Trader
Stocks, Options and Options on futures advisory service (up over 100% in 2008).


Spread Indicators

Use the following spread/momentum indicators to assist in your trading of the QQQQ, GLD, USD, USO and TLT. They are tuned to deliver signals in line with the Stock Barometer and we use them only in determining our overall outlook for the market and for pinpointing market reversals. The level, direction, and position to the zero line are keys in these indicators. For example, direction determines mode and a buy signal 'above zero' is more bullish than a buy signal 'below zero'.

QQQQ Spread Indicator (NASDAQ:QQQQ)

 

The QQQQ Spread Indicator will yield its own buy and sell signals that may be different from the Stock Barometer. It's meant to give us an idea of the next turn in the market.


Lynn T's 1-2-3 PLUS Alert
Provides buying and selling advice with 1/3 Index positioning for trends
use 2.5x Leverage and our advice as a hedge for your current portfolio.


Gold Spread Indicator (AMEX:GLD)

Want to trade Gold? Use our signals with the Gold ETF AMEX:GLD. Gold gives us a general gage to the overall health of the US Economy and the markets.


Bill West's Fat Pitch ETF Advisory
ETF Advisor trades a diversified portfolio of the hottest Exchange Traded Funds.


US Dollar Index Spread Indicator (INDEX:DXY)

Want to trade the US Dollar? Use our signals with the Power Shares AMEX:UUP: US Dollar Index Bullish Fund and AMEX:UDN: US Dollar Index Bearish Fund.


The McMillan Portfolio ($18.95/Month)
Get specific advice to manage a portfolio of Stocks and Options


Bonds Spread Indicator (AMEX:TLT)

Want to trade Bonds? Use our signals with Lehman's 20 year ETF AMEX:TLT. The direction of bonds has an impact on the stock market. Normally, as bonds go down, stocks will go up and as bonds go up, stocks will go down.


Stock Options Speculator
SOS recommends very aggressive stock options plays that target >100% gains.


OIL Spread Indicator (AMEX:USO)

Want to trade OIL? Use our signals with AMEX:USO, the OIL ETF. We look at the price of oil as its level and direction has an impact on the stock market.


Angelo Campione's Advantage Credit Spreads ($49.95/month)
Using Options to Target Consistent & Conservative Profits - up over 100% in 2007!


Supporting Secondary Indicator

We daily monitor hundreds of popular and proprietary technical indicators that break down market internals, sentiment and money flow to give us unique insight into the market. We feature at least one here each day in support of our current outlook.


The McMillan Letter ($8.95/Month)
Join Analyst Mark McMillan as he identifies current opportunities


Summary of Daily Outlook

As an FYI, we're up 51% in our last trade, using the rydex venture fund. Not a bad piece of work for 38 days. We're getting close to changing our position, so watch for our call.

We remain in Buy Mode, looking for the market to move higher into 5/7. If we get a peak into that date, we're moving lower for about a month.

Our analysis is as objective as we can get. We look at charts and indicators and tend not to try to read too much into what's happening in the market. It's either going to go up, down or sideways and it's not rocket science. However, periodically you will get buy the rumor and sell the news type action. I think a peak into May 7th will be bearish for the month of May.

However, there is a seasonally weak period that starts May first (for those of you who like to sell in May and go away until October). That means there is the potential for a selling reaction into May 7th (I wouldn't rule it out - I never rule anything out). So if we get that action, then I'd be bullish into the summer.

If you have any questions or comments, email me at Jay@stockbarometer.com.


Stock Barometer Premier Membership
Receive 5 Newsletters, including the Daily Stock Barometer, Stock Options Speculator, QQQQ/Rydex Trader, Market Chat & Explosive Stock Alert FOR ONE LOW PRICE.


Regards,

 


 

Stock Barometer

Author: Stock Barometer

www.stockbarometer.com

Stock Barometer is completely independent. We have never and will not ever accept compensation from any company whose stock we recommend.

Our goal is to make you money. We offer you the tools and information to do so and leave it to you, the individual investor, to apply them in the best way possible.

Important Disclosure: Futures, Options, Mutual Fund, ETF and Equity trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to buy/sell Futures, Options, Mutual Funds or Equities. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this Web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

Performance results are hypothetical. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as a lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

Investment Research Group and all individuals affiliated with Investment Research Group assume no responsibilities for your trading and investment results.

Investment Research Group (IRG), as a publisher of a financial newsletter of general and regular circulation, cannot tender individual investment advice. Only a registered broker or investment adviser may advise you individually on the suitability and performance of your portfolio or specific investments.

In making any investment decision, you will rely solely on your own review and examination of the fact and records relating to such investments. Past performance of our recommendations is not an indication of future performance. The publisher shall have no liability of whatever nature in respect of any claims, damages, loss, or expense arising out of or in connection with the reliance by you on the contents of our Web site, any promotion, published material, alert, or update.

For a complete understanding of the risks associated with trading, see our Risk Disclosure.

Copyright © 2004-2014 Investment Research Group, Inc.
d/b/a www.Stockbarometer.com. All Rights Reserved.

All Images, XHTML Renderings, and Source Code Copyright © Safehaven.com

SEARCH





TRUE MONEY SUPPLY

Source: The Contrarian Take http://blogs.forbes.com/michaelpollaro/
austrian-money-supply/