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**
IMPORTANT NOTICE **
Between
July and August of this year, we will encounter the
worst astrological configuration of planets in the last
200 years. Mars, Saturn, Jupiter, Uranus and Pluto will
all fall into negative aspects with each other. Cycles
bottom near the end of Oct.
Expect
a peak into the future with events around July 26 +-
a day.
Two
key to watch around this time are NATURE DISASTER and
DEPT.
Expect
the unthinkable, or the biginning of what leads to the
unthinkable for the time period of July 30th through
Aug 30th!!
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U.S. Debt Clock http://www.usdebtclock.org/
tick....tick....tick......tick.....BOOM!
How much further in debt are U.S. Tax Payers?
RECAP
FOR THE WEEK OF: July 12, 2010
Hold over from last week --------------------------------------------------------------------
EXPLOSIVE is the key word again for this week with regards
to Mother Nature and the Financial Markets. The word UNEXPECTED
is at work also.
Nice chart at the Wall Street Forecast showing the "Once
in a life time astrological event" we are dealing with,
and which is centered around July 23-August 8 time frame.
http://wsf.typepad.com/
Bradley cycle is showing a dip into July 12th, rally to Aug
10th, then down, down, down. Or, maybe it will be July 7th:
Gann 07/07/10 reversal date is 90 trading days from the secondary
low in Feb. 2010, about 180 trading days from the Oct 2009
High and 270 trading days from the June 2009 High.
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It was an up week for the major markets. For the week the
Dow Jones Industrial Average gained 511.55 points or 5.28%.
The Standard & Poor's 500 Index gained 55.38 points or
5.42%, while the Nasdaq Composite gained 104.66 points or
5.00%.
Last week's rally is suspicious. It had all the earmarks
of short-covering, and let's not forget the 50-day MA has
crossed below the 200-day MA. I am still looking for 875-850
for the SPX.
Expect a move higher Monday in the SPX to the 1085 level
as traders drive the market higher in anticipation of the
earnings. Of course, earnings may look good compared to last
time, but the real key here is revenues which I do not expect
to be anything to write home about.
Friday looks like it may be the big mover this week. If not,
then Thursday.
Subscribers have been alert to what action to take this week.
Some stocks are starting to show reversal candles. Selling
is likely as the week unfolds..
Follow-up -----------------------------------------------------------------------------------------------------
 SPX
bumped up against 1099 for the first three days, then moved
lower.
Friday
was the big mover:
^DJI -268.82
(-2.59%), ^GSPC -31.60( -2.88%), ^OEX -13.91 (-2.79%)
Subscribers
were told to buy Puts at the open on Thursday. The OEX JUL10
490 opened at 1.25, and traded at a high of 3.10 for the day.
That met our 100% target. Friday, it at a high of over $5.50.
We did hit the 1085 level, but it was
not until Tuesday when the ^GSPC hit 1099.
Gann
reversal finally got here. Sometimes it can be late by up
to 10 days. After that it must be considered a failure, and
they are rare.
Earthquake
in D.C.? That fits in the UNEXPECTED catagory.
All-in-all, a nice list of bulls-eyes for the week.
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^DJI RESULTS
| DATE |
OPEN |
HIGH |
LOW |
CLOSE |
CHG |
CHG % |
HIGH
CHG |
HIGH
CHG % |
LOW
CHG |
LOW
CHG % |
| |
|
| 07/12/10 | 10199.24 | 10260.62 | 10121.13 | 10216.27 | 18.24 | 0.18% | 62.59 | 0.61% | -76.90 | -0.75% |
| 07/13/10 | 10217.55 | 10436.20 | 10217.55 | 10363.02 | 146.75 | 1.44% | 219.93 | 2.15% | 1.28 | 0.01% |
| 07/14/10 | 10370.96 | 10423.03 | 10265.16 | 10366.72 | 3.70 | 0.04% | 60.01 | 0.58% | -97.86 | -0.94% |
| 07/15/10 | 10370.96 | 10423.03 | 10265.16 | 10366.72 | 0.00 | 0.00% | 56.31 | 0.54% | -101.56 | -0.98% |
| 07/16/10 | 10356.20 | 10356.20 | 10071.63 | 10097.90 |
-268.82 |
-2.59% | -10.52 | -0.10% | -295.09 | -2.85% |
FORECAST
FOR THE WEEK OF: July 18, 2010
Expecting the market to drop dramatically? No yet. Cycle
analysis indicates a rally coming. Maybe, just maybe, we go
lower this week, but don't bet on it. Monday is a minor reversal
day.
Friday should again be the big mover this week.
Any changing curcumstances will be noted in the Wall
Street Forecaster Blog/
 Subscribers
to the Option Signal Service will be notified when to take
action.
Use link at the top of the page to subscribe now.
FINANCIAL EVENTS THIS COMING WEEK
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Monday, 19-July-2010
10:00 AM Housing Market Index
11:00 AM 4-Week Bill Announcement
11:30 AM 3-Month Bill Auction
11:30 AM 6-Month Bill Auction
Tuesday, 20-July-2010
07:45 AM ICSC-Goldman Store Sales
08:30 AM Housing Starts
08:55 AM Redbook
11:30 AM 4-Week Bill Auction
Wednesday, 21-July-2010
07:00 AM MBA Purchase Applications
10:30 AM EIA Petroleum Status Report
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Thursday, 22-July-2010
08:30 AM Jobless Claims
10:00 AM Existing Home Sales
10:00 AM FHFA House Price Index
10:00 AM Leading Indicators
10:30 AM EIA Natural Gas Report
11:00 AM 3-Month Bill Announcement
11:00 AM 6-Month Bill Announcement
11:00 AM 52-Week Bill Announcement
11:00 AM 2-Yr Note Announcement
11:00 AM 5-Yr Note Announcement
11:00 AM 7-Yr Note Announcement
04:30 PM Fed Balance Sheet
04:30 PM Money Supply
Sunday, 25-July-2010
08:37 PM Full Moon
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Source: MyPivots
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