Dear Followers, As you may know, we’ve moved to a new website, but we’ve not forgotten about all our followers. And fact is: you can still follow us on our new web page! Awesome!!! Please go to: http://www.investingintelligent.com and simple click “follow” in the upper left corner. You’ll then continue to enjoy I.I.s free updates straight…
It’s been one year since Intelligent Investing went public and what a year it has been. We’ve gone through the October Ebola scare to the current no-mans land zone for months on end now. Can it get any tougher to start a market-related service like this!?!? We’ve nailed many individual stocks (AMBA, LNKD, TWTR, AAPL,…
In my weekend update I already said: “So the bottom line is: a break below SPX 2072 means the correction is ongoing and has us count the recent price action as wave-a was from SPX 2135-2072, wave-b up to SPX 2130, and now in wave-c with the following possible price targets: SPX 2065, 2055, 2045, 2038, 2030,…
First things first: Intelligent Investing will be celebrating it’s first year and will launch an entirely new website and URL on July 1! As such everybody can then join I.I. for FREE for one month Stay tuned for the URL and on how to sign up for one month free*. On to the market: Over the past 2…
Despite all the negative news coming out of Greece and Europe, the market gained once again the past week, just like last week. So is Greece really all that important?? IMHO: No, because if it were then the market would have told us so. But, it tells us differently. Remember, news=noise and a poor interpretation of the…
With price haven’t gone anywhere but nowhere over the past 2 months, albeit making new ATHs, it is time to take a look at market breadth for additional clues. First the regular price chart is shown with one of several possible counts to show the indecisiveness/stand off between bulls and bears. The purple trend lines show…
The decline off the SPX 2122 high (b-wave top) made last week (c-wave) has so far been very nice to count as 5 waves down, with sub-dividing 3rd and 5th waves, with and ideal target of SPX 2075-2072. That’s also the 62% retrace of the move from 2039 to 2135, and the 138.2% extension of a c-wave down: wave-a:…
Last week I showed that a bear market was most likely not upon us based on my KISS (Keep it Super Simple) Long term moving averages (LT-SMAs) charts. See here. Well, with another down week behind us, I surely most have been wrong, right!? Well, let’s make it even simpler than super simple, and look…
the DOW does paint a more bearish picture than the S&P 500, First, because price broke below the red uptrend channel, in place since 2013, and the last time this happened was February this year. There are two lower levels of support: ~$17,750, and around $17,600 (1st and 2nd set of two blue horizontal S/R lines).…
The DOW bounced so far, intra-day, off of long term support (lower red trend line), in place since 2013. If it doesn’t hold, then price will likely try to find support at the lower yellow trendline, in place since the October 2011 price low. The white triangle suggests a rising wedge may have completed off…
soulsurferusa.wordpress.com 