Monday 25 September 2017

Gold Gann Angle Update

The gold bull has passed a bullish test, it has bounced off the blue 1x1 Gann Angle twice!
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Recently Jamie Dimon smashed bitcoin as a fraud. In truth this was an attempt to shake out bitcoin players, and slow down the block chain development, or more importantly slow down block chain developers to allow JPM to be first. What block chain development ? Our guess is block chain that allows peer to peer gold and silver transfer. JPM knows that COMEX and LME will be the Nokia to Apple iPhone when block chain provides a world wide service for peer to peer gold transfer of ANY SIZE!

A bullish fundamental behind gold is the fact that true price discovery is coming to the metals markets on the back of development of peer to peer gold transfer via block chain. Bitcoin will be crushed by gold or silver block chain (until the Govt's get pissed!).


Gold Gann





Original Post: http://ift.tt/2yClMQU

Tuesday 19 September 2017

How Wall Street works

With the massive FED meeting near, the herd are about to be moved.
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Wall Street are brokers. They are commission agents.

They make money when you change positions in your account. They desire you to change direction of your account, they care not of the direction of the security.

Wall Street sell investing themes that encourage you to change you account, remember these:

- Technology is the new thing
- Bonds is the new thing
- Foreign assets is the new thing
- Emerging markets is the new thing
- China is the new thing
- Commodities is the new thing

Currently the herd is in: Short VIX, Long SP500, Short Bonds

Yes, they may be correct, but it is the frequency of the change which suits your Wall Street broker.

Consider this very accurate analogy.

The investing public are the sheep, the broker is sheep dog, the farmer is the back room strategist, and the paddock gate is the point of commission. Moving from one paddock to another is the change from one investing theme to another, and if the sheep do not move fast enough the sheep dog scares them enough to move. Yes this is Wall Street in its purest form!





The trick for the savvy investor is to pick (or be first, or contrarian investing ) the new paddock before Wall street herd the public into it, this allows you to enjoy the price rise from new buying. Of course Wall street knows which paddock to target. They never lose!

This is why you must never fall in love with your positions, all trends end, new ones are born, and do not be last in to the new trend.

From the movie Margin Call. All trends see the music stop. 



This why Richard Wyckoff logic is the ideal education for the investor. Understanding accumulations and distributions within the 'investing themes' allows you to see where the informed money is moving to new positions or leaving old ones.



Original Post: http://ift.tt/2fyxAM1

Thursday 14 September 2017

Reading the tape of ticker: BioMarin Pharmaceutical (BMRN)

Biotechs are recovering, this stock is lagging, but getting ready to move.
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More from RTT Tv

Another example of Richard Wyckoff logic



Original Post: http://ift.tt/2x5Syvd

Thursday 7 September 2017

Reading the tape of ticker: Starbucks (SBUX)

Starbucks has been rocking on higher for years, but has the coffee gone bitter !
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More from RTT Tv

Another example of Richard Wyckoff logic



Original Post: http://ift.tt/2j9kBos

Friday 1 September 2017

Reading the tape of ticker: Blackberry (BBRY)

Can this popular phone make a come back, or will this phone be stuck in history as old teck!
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More from RTT Tv

Another example of Richard Wyckoff logic




Original Post: http://ift.tt/2gxchxR