Entries by Bob Loukas

Crude Oil – Headed Lower

Ordinarily, Crude should currently be screaming higher. The Dollar is down sharply, and equities have been on a tear.  Yet, Crude has struggled to hold recent gains while risk markets have exploded upward. This is not a positive development for Crude’s upside. 

I believe the weakness in this Daily Cycle foreshadows what lies directly ahead. As Crude continues to knock on the lower resistance area around the $100-$102 level, it is threatening a fall through that floor.  Because the current Daily Cycle has already failed, a continued decline into a Daily Cycle Low is a fairly sure thing. The Investor Cycle is 27 weeks deep, well into its final decline into an Investor Cycle Low. As both the Daily and Investor Cycles are in decline, I firmly expect a break-down below $100 to begin next week.   

10-19 Crude Daily

Daily Cycle Trader

The Daily Cycle Trader portfolio went live 3 months ago and we’ve now closed out the first quarter.  It’s been a hugely successful launch to this portfolio and I wanted to share some of specific results of the portfolio with you:

Total Portfolio Return (3 months): 15.56% 

Total Trades:  26

Winning Trades:  16

Winning Trade %:  61.5%

Avg Winning Trade Profit: 6.4%

Avg Losing Trade Loss: -3.1%

The Daily Cycle Trader portfolio is a consolidation of our shortest duration trades. With the Daily Cycle Trader, we expect to trade at Daily Cycle highs and lows. These Cycles generally occur every 18-25 days, so there will be relatively frequent trading. Daily Cycle trades will generally utilize ETFs and leveraged ETFs. 

SPECIAL OFFER: If you would like to take advantage of this new Portfolio, please consider a membership; we now have Monthly, Quarterly, and Yearly options.  To celebrate the launch of this new portfolio, we’re offering a $28.95 off coupon which could be used against any of the membership options.  Apply it to a monthly membership, making the first month just $1.  Or use it against our already discounted Quarterly and Yearly memberships. 

To sign up, go to:

Membership Page

Use COUPON CODE:  Trader   (code is case sensitive).  This will drop the price by $28.95.