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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 26,
2010
As for the coming week, and the following 2 weeks, cycles
now predict a wild period of big price swings between now
and Aug 13. I expect the market to move high this week and
possible next. Movements of 500-1000 points in the Dow Jones
Industrial Average are likely. Silver is also poised for some
big moves. Aug 1 to 13 is especially negative.
For the week of the 26th, I see more upward movement early
in the week, and a possible big dump on Friday. Monday and
Friday both have the potential to be big movers.
Jobless claims will be reported on Friday. That should be
interesting.
Buckle your seat belts, please.
Follow-up -----------------------------------------------------------------------------------------------------
 The
markets did move higher in the beginning of the week, and
then lower.
Monday
was a big mover.
Subscribers
where told of a double reversal; one on Wednesday, and the
second one on Thursday. The market did reversal its current
short-term trend. When reversals occur on two consecutive
days, they are viewed has a single reversal.
The move down at the end of the week
was not "big". Kind of sort of right about the negativity
towards the end of the week with the market being down -114
points on Thursday, and the low for Friday being -139 points,
but not good enough for a bulls-eye.
Three out of four for this week.
TRADING ACTION:
Subscribers were told to buy Puts Wednesday.
Big move up at the open on Thursday took the wind out of our
sails. Position was closed for a 20% loss after a bullish
reversal channel appead on the 5-minute charts.. After the
unexpected pop up of 111 points at the Open, the market gave
it back, and proceeded to lose -114 points. A move that had
weekly OEX options swinging from a 50% lose at the open, to
a 150% at the low for the day.
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^DJI RESULTS
| DATE |
OPEN |
HIGH |
LOW |
CLOSE |
CHG |
CHG % |
HIGH
CHG |
HIGH
CHG % |
LOW
CHG |
LOW
CHG % |
| |
|
| 07/26/10 | 10424.17 | 10545.94 | 10391.02 | 10525.43 |
100.81
|
0.97% | 121.32 | 1.16% | -33.60 | -0.32% |
| 07/27/10 | 10525.28 | 10632.52 | 10460.65 | 10537.69 | 12.26 | 0.12% | 107.09 | 1.02% | -64.78 | -0.62% |
| 07/28/10 | 10537.01 | 10586.36 | 10445.17 | 10497.88 | -39.81 | -0.38% | 48.67 | 0.46% | -92.52 | -0.88% |
| 07/29/10 | 10498.94 | 10609.74 | 10383.45 | 10467.16 | -30.72 | -0.29% |
111.86 |
1.07% |
-114.43 |
-1.09% |
| 07/30/10 | 10465.19 | 10528.84 | 10327.37 | 10465.94 | -1.22 | -0.01% | 61.68 | 0.59% |
-139.79 |
-1.34% |
FORECAST
FOR THE WEEK OF: Aug 2, 2010
This week is crammed with so much stuff, about all I can
say is it looks like a wild ride. There is so much energy
present in the indicators that this week should see something
unusual like wide swings or a big move in one direstion. Monday's
action will be the key to the rest of the week. Subscribers
will be updated with intra-week alerts. Should be some good
trading opportunities here, but we will need to be quick to
take advantage of them.
Wendesday looks like the big mover this week.
First trading day of the month is almost always UP. That
would be Monday this week.
Negativity will remain in the markets till Aug 13rd, so I
would expect this week will see a move to the downside, or
lose any big gains in the first part of the week.
We are now one week into the once-in-a-life-time Cardinal
Climax that runs from July 21-August 21.
Watch the divergence on the Stochastic Oscillator.
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Drip after drip of deflation data
(Ambrose Evans-Pritchard) Today’s release on manufacturing
activity by the Richmond Fed is pretty ghastly, as you would
expect given that the effects of fiscal stimulus are now
wearing off at accelerating pace – before the happy handover
to the private sector is safely consummated – and given
that the structural East-West imbalances that lay behind
the global crisis are getting worse again. The expectations
index for the US 5th District is crumbling:
| |
July |
June |
May |
| Shipments |
30 |
40 |
55 |
| Volume of New Orders |
24 |
38 |
50 |
| Capacity Utilization |
29 |
35 |
45 |
| Wages |
16 |
25 |
34 |
This follows yesterday’s horrendous fall in the Texas business
activity index from the Dallas Fed, which fell from -4 in
June to -21 in July. “Thirty-one percent of firms reported
a worsening of activity, up from 22 percent in June,” said
the bank.
Why isn’t our media reporting this???
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Oh, just one more thing: FDIC announcing that it closed four
more banks, bringing the total USA bank closures for the year
now to 100. We are well ahead of last year’s monstrous
140 bank closures.
Then there is this I found on the internet, forget where:
U.S. audit found that the Pentagon can’t account for
($8.7 billion) of the $9.1 billion in Iraq construction money…
there is little to show for the massive funds pumped into
their cash-starved, war-ravaged nation.” 95% missing?
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. $89.95 per
month.
FINANCIAL EVENTS THIS COMING WEEK
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Monday, 02-August-2010
10:00 AM ISM Mfg Index
10:00 AM Construction Spending
11:00 AM 4-Week Bill Announcement
11:30 AM 3-Month Bill Auction
11:30 AM 6-Month Bill Auction
Tuesday, 03-August-2010
07:45 AM ICSC-Goldman Store Sales
08:30 AM Personal Income and Outlays
08:55 AM Redbook
10:00 AM Factory Orders
10:00 AM Pending Home Sales Index
11:30 AM 4-Week Bill Auction
Wednesday, 04-August-2010
07:00 AM MBA Purchase Applications
07:30 AM Challenger Job-Cut Report
08:15 AM ADP Employment Report
09:00 AM 3-Yr Note Announcement
09:00 AM 10-Yr Note Announcement
09:00 AM 30-Yr Bond Announcement
10:00 AM ISM Non-Mfg Index
10:30 AM EIA Petroleum Status Report
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Thursday, 05-August-2010
06:00 AM Monster Employment Index
08:30 AM Jobless Claims
10:30 AM EIA Natural Gas Report
11:00 AM 3-Month Bill Announcement
11:00 AM 6-Month Bill Announcement
03:00 PM Treasury STRIPS
04:30 PM Fed Balance Sheet
04:30 PM Money Supply
Friday, 06-August-2010
08:30 AM Employment Situation
03:00 PM Consumer Credit
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Source: MyPivots
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