Entries by Bob Loukas

Just a Little Bit More

July 20, 2015 in /by

The only long term factual statement I can make about Gold is that the Investor Cycles are showing a failed series in decline. That’s the definition of a bear market, and shows that Gold wants to continue moving lower. It would feel great to pick the upcoming ICL as the bear market low, but the reality is that our primary expectation must be that the next Investor Cycle is another failed, declining Cycle.

At some point that pattern will reverse, but it will be when the bear market is ready to end, and not before. We can’t (and shouldn’t) attempt to make that call in advance – evidence of a new bull market must emerge prior to any call that the bear market is over. If your ego can allow you to do that, you will be better prepared to accept the highest probability event – another declining Investor Cycle.

Seeking Bottom

July 19, 2015 in /by

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Midweek Market Update – July 15th

July 16, 2015 in /by

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Weekend Update – July 11th

July 12, 2015 in /by

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Weekend Update – 4th of July

July 4, 2015 in /by

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Hello from Greece

June 30, 2015 /3 Comments/in /by

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Yes Another “Crisis”

June 27, 2015 in /by

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Crude Oil Nearing Exhaustion

June 26, 2015 /1 Comment/in /by

For an asset like Crude, which is normally extremely volatile, the current prolonged sideways range is very much out of character. Crude has us accustomed to daily swings of 3% to 5%, and to shorter term rallies/declines that draw in traders before reversing suddenly. Crude is generally an asset that fluctuates in price, so the current “flat-line” action is rare. Since the last Daily Cycle peak on May 6th, Crude oil has been locked in a sideways trading range. Short term traders, expecting the usual crude oil volatility, are being chopped to pieces.

As a result, Crude’s Bollinger Bands are now the tightest they’ve been in over 2 years. And, as with every asset I track, tight Bollinger Bands are almost always a precursor to a significant move. I’m confident that Crude’s next move will be extremely sudden, and is likely to extend far outside the Bollinger Bands before coming to an end.

Midweek Market Update – June 24th

June 25, 2015 in /by

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Patience is Required

June 21, 2015 in /by

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