Often stocks lead the price of gold, no? Anyway, gold is still down, but AUY, GDX, etc, are showing some strength.

Very true, Steve, and it sometimes reverses, but nevertheless it can "predict" a lot, it seems. Lots of money to made if you followed it with GDX (a fall which you guys called way before that), EEM, FXI, etc. Other times, like with USO, it would go back and forth for a while. AAPL just had one, but it's hard to bet against everyone's favorite.

I'm almost 100% out of stocks now. Got 95% out about three-four weeks ago. It was looking too scary for me (and/or unpredictable). But still following fairly closely (and happy I went to cash).

Anyway, this must have come up, but have people here discussed that the S&P just had a death cross exactly three days ago? It looks pretty solid by now. When the DOW did the same 15 or 16 days ago (see chart), it was curtains for that index, wasn't it?

SUNE on fire. Up over 25% in 3 days. Today, close to 8%. It had collapsed along with the other solars recently. Now analysts are hyping them again, maybe because oil is up a bit?

Looking at a 5 year gold chart and its steady decline -- not the same as JO's, but kind of a cousin -- makes me think JO will have to do a lot better before one can believe in it again. Some real basing needed, I would think.

However, weather can become a quick factor with coffee. Not the same with gold.

Since April JO has made five attempts to break back through the 50DMA. It's been a tough nut to crack. Now it's trying for the sixth time. Is this yet another Sisyphean task for poor JO? Lower highs have generally been the rule lately, though not always lower lows.

The 5 year chart shows its old glory days (and also its potential maybe, as a longterm play??)

Comments?

Hello to all,

I've been looking at the IWM two-year chart. I see that from late 2012, for a bit more than the next year, the 50 day MA served as support. Then in the last year, things got very choppy, yet quite symmetrical the way I'm viewing it. There's kind of an extended "M" pattern, or seen another way, a head-and-shoulders, but with a striking double head. But all peaks and valleys seem rather evenly spaced. In any case, a death cross seems to be occurring and price has broken through the 50 and 200. To my uneducated eye, maybe there's support around the 106-107 level and then look out below after that. However, I'm aware that things can reverse in an instant. 

Comments?

Would like people's opinions re: WGO. If I squint funny, I see a h&s pattern, but definitely not symmetrical.

Is SHLD finally rolling over? It's been coiling up for some time now. Opinions?

Sorry for the lack of a chart. For some reason, I couldn't get the "Add Images" to work. Here's the StockCharts link:

http://stockcharts.com/h-sc/ui?s=SHLD

Researched what little I could find about it. Bought a few shares. Up over 10% this morning. Low volume though.

Last things first. GME has been stalled, up and down, up and down, in the same horizontal channel between 36-38 for three weeks, but today it had a very bad horrible day. Could it be ready to fall? It's certainly coiling up to do something big, it would seem, one way or the other.

Iraq and its oil. Iraq is one of the top five oil exporters in the world. Check out the WesternZagros chart below. Its oil wells are located in Kurdistan, I believe, and in the last week, it's moved up and down 30%. Now the Kurds seem to have taken over Kirkuk, as of today, and that might be why it recovered so well from today's potential debacle. It just seems that this "war" could very much upset Iraq's ability to export oil, if ISIS has anything to say about it. So most of the big oil companies have already gone up a lot, but there's REXX and DO, which have not so much. Also there's an apparent straggler named Forest (FST) that's sitting at 2.42 after collapsing in the last couple years. Seems to have a nice basing pattern lately though.

Reactions?

Probably a dumb question. Nothing new there. But I'm having a hard time finding where you stand on -- it's four isn't it? -- the mechanical systems. Where do I look to find that:

1) The paint-dry system is _______

2) The BPT MA Deluxe is _________

And so on.

I'm pretty sure two of yours are in the green and one is in cash. The fourth?

Thanks.

But its volumes keep falling. On a ledge or not?

Gold tried this morning to make a little comeback, now down $6-7 in the past half hour. GDXJ/DUST having strong reactions. RGLD down from 64 to 59 since yesterday morning. PAAS (silver) down the same 7-8%.

Also silver is sitting exactly at $19. Psychologically impt, I would think if it breaks below.

Up a few percent this morning. Got two good writeups from Motley Fool and Nomura(??) Anyway, it's been hammered, looks like a double bottom maybe, and hey look at that nice gap in the 60s to fill. I wish!

Anyway, opinions?

FB and GOOG advanced nicely, but NFLX and AMZN hit some resistance.

The last time he did something similar was in Feb 2013 when he bought 100,000 shares and the stock doubled since then.

So to http://www.secform4.com/ and type in ARAY. Great site.

Reactions?

Maybe I'm way off, but do I see an emerging H&S pattern with SBUX? Well, yes... if you count a pitiful attempt at a right shoulder as part of the pattern. Fairly symmetrical. I see a possible left shoulder in Feb, head in March, and a crippled shoulder trying to form in late April. However, the MACD doesn't back it up yet and I know the right shoulder has not broken through any neckline. 

A two-year chart shows a possible rollover with the death cross more prominently shown.

Just sayin'. Throwin' it out there for reaction.