Brad Gudgeon
Brad Gudgeon Articles
The last time I wrote, I said I was looking for a bottom in the US stock market around the 12th of November. I honestly thought we would pull back harder than we have. As of Friday November 13th, the SPX has tagged the .382 Fibonacci...
The stock market’s recent advance has been nothing less than spectacular. Caveat emptor: the rally was mainly in the large cap stocks. The FED’s determination to raise interest rates in December is predicated on the upcoming economic data...
The charts below show that the recent rally is just fodder for the beast. Prior to the last FED meeting on September 17, I warned of an impending sell-off due to the FED's statements. The S&P500 fell from a high of 2020 to a low of...
The stock market came back with a vengeance out of the late September low (5- week lows), but failed to come back evenly, creating a case of an inter-market bearish divergence. The Dow Industrials, NYA, OEX and SOX made a higher high above...
Last week, I was looking for a counter trend rally…and we finally got it starting September 30. The stock market formed an irregular bottom on September 29…no doubt due to Mars square Saturn on September 25th and the super-moon lunar...
Two weeks ago, I warned that September 17th would be a critical date: the perfect storm coming together with Mercury going retrograde and Jupiter opposing Neptune on the date that the FED announces its intents regarding interest rates. I...
Last week, I predicted an important top for September 17 based on astrology. While I thought it would be a lower top, nonetheless, it was an important top caused by the FED: and as predicted, I said that they would not raise rates, but...
The planets are coming together for the perfect storm on September 17th. First we have Mercury Retrograde, which often occurs at a top for the precious metals sector (and even the stock market). Then we have Jupiter opposing Neptune,...
The SPX Futures rallied during the Labor Day Holiday. The chart below pretty much explains what I'm looking for this week. On the sentiment point, we have excessive bearishness: large specs short volatility, while the small specs are long...
Last time I wrote, I was expecting an important top in the stock market by August 28th -- and a minimum of 1985 SPX. We closed at 1988 Friday after tagging 1993. Gold stocks began to rally strongly Thursday into Friday as we hit the 8 TD/...
