Good evening Traders,
As Market Weakness is finally upon us, there can be a significant response in the stock market.
Accordingly, we want to make you a special offer. Our Daily Stock Barometer Premier Service for only $24.95. This is
a limited time offer (available for the next week only) and if you subscribe, we’ll honor your subscription for as long as you remain subscribed.
There’s a lot about to happen in the markets right now, and we want as many traders to be ready for it. We’ll have this evening’s Daily Stock
Barometer below, but first, more about your subscription.
The Premier subscription includes the following:
- The Daily Stock Barometer – Stock market timing advice
- QQQ Trader Alert – trade the QQQ using our market timing advice
- Stock Options Speculator – Top 100 PUTS and CALLS at our timing reversals
- Covered Call Alert – our top 100 Covered Calls at stock market tops.
- IRG Market Timing Indicators – all our research (that you see here and 300 more indicators) Emailed to you weekly
- Gold Options Trader – Using our research to trade Gold Options – our last trade was up several hundred percent
- Oil Options Trader – Using our research to trade Oil Options – again our last trade in this service (PUTS) was up over 400%
- Natural Gas Options Trader – we recently expanded our research theories to cover Natural Gas
- And more…
To subscribe, click the following link over the next week. We are not offering a discounted trial to the services,
because this is a limited time half off deal.
Here’s this Evening’s Daily Stock Barometer:
12/14/2014 7:27:44 PM
Good evening Traders,
As we’ve pointed out in the past, periodically, reversals align with expiration. And this week should
be no different as it rolls into expiration this Friday. We have a lot of charts to go through today, so let’s dig right
First – the situation in index options is changing rapidly…
And there’s a corresponding move in equity options:
The indicator above suggests we’re close to a bottom in the short term.
Moving on to the economy:
Bonds are getting extended (This is bullish for stocks).
The dollar is getting overbought and momentum is slowing – this would be bullish for the Nasdaq.
While we’re looking at the dollar, what about Gold?
This is a neat chart that shows the extent that markets can sell off, but we’re at a relative
Very concerning is the Nasdaq Breadth here:
In this view of the Nyse Trin, it’s bullish:
But in this view, which looks at the highs, lows and close of the trin, we can see worse readings:
And on to oil – which is all the talk (And we’re about to issue some call options this
At the time of this writing Sunday night, oil is continuing it’s slide lower.
Our QQQ indicator is also pointing lower, but getting extended in the short term.
The market is at a point where I like to say, the rubber meets the road. If we’re going to crash,
we’ll do it this week into Friday. But given the time of the and the coordination with our forecast for 2014 – we’re more likely
to see prices stabilize and rally early this week into expiration. Then as we enter the final two weeks of the year, prices should further stabilize
into a year end top.
Oil is starting to look good here, but we’re not inclined to catch that falling knife. A few call options
though could prove lucrative longer term. You can get some February calls pretty cheap (which we’ll recommend when we see a
Gold should be cranking, but the absence of the move and positioning of some of the bets in gold suggest further
weakness. Not ready to make that bet yet – but preparing to.
We’ll give up a little of our QQQ gains to remain positioned for this bounce as the move has efficiently built
energy and the underlying action in the market to form a bottom is starting to initiate right on schedule with expiration.
We’re about to publish our year end models for 2015 and the year end is setting up for a very significant trade and we want as many
people to be on board as possible. We’ve been writing this advisory for over 10 years, so we would love to prove our value to you and have you as a
Again, To subscribe, click the following link over the next week. Note, we are not offering trials for this
special limited time deal.
Carl Adams, Publisher