Professional Market Timer

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves instead of the normal 5 Waves since the market topped in 2000. According to "The Original Works of R.N. Elliott", we are due ... more


A Strong Stock Rally Expected
The stock market fell in capitulation on Monday, a ‘c’ of “z” type wave that got everyone beared-up. Monday was the 16 TD low and could be the 20-week low as well.
S&P 500 3000 First And Then…?
The SPX fell into a rising channel formation and decline to go below 2860, which means to me we have one more rally left before we see a more significant decline later in May and early June.
Why The Stock Market Rallied So Fast
The top in late Jan. 2018 to the bottom in Dec. 2018 was a three wave buying pattern I call X-Y-Z. These patterns are very bullish once completed and launch markets to higher highs.
More Selling In The Offing?
On Feb 27, the stock market topped and the SPX fell 142 points or about 5% in 3 days. Most of the decline was blamed on the Trump announcement of tariffs on Aluminum and Steel, with fears igniting about a coming trade war.
January Rally May Be Taken Out In January
The recurring 20 week low is due within this general time frame. Last seen on August 21, 2017, it generally runs about 100 trading days. For it to sync with the 16 TD low due around Jan 24 it needs to be topping this week.
A Microscopic Look At The Elliott Wave & The S&P 500
December will not be kind to the stock market and to a lesser extent, neither will mid-October.


Latest Comments
Why The Stock Market Rallied So Fast
3 years ago

Yes, my sentiments exactly!

Why The Stock Market Rallied So Fast
3 years ago

The best way, in my opinion, is to become a subscriber to my service. Also, buy the original works of R.N. Elliott.

Why The Stock Market Rallied So Fast
3 years ago

XYZ is like ABC only in an uptrend a bull flag where Y takes out the previous impulse. In a bear flag it is labeled WXY.

Why The Stock Market Rallied So Fast
3 years ago

The market looks toppy in here. A 10-12% pull back would not surprise me in the month of May.

Large Sell-Off In Stock Market Looming
5 years ago

We got out of our short positions in GDX today for a nice profit. We are short the SPX at 2151 expecting at least 2130 on Tuesday and a possible 2113.

In this article: SVXY, DUST, GDX, SPY, SPX, SPXL
SPX Drop Into The 2130s Expected, Now What?
5 years ago

Looking at GDX, I'm thinking this rally coming is counter trend and Oct 18 will be it. Target 26.40 GDX

In this article: SPX, GLD
Stock Market Down Monday?
5 years ago

The SPX futures are up this morning. One BIG caveat: we have yet to the see the 8 TD low and that can run +/- 2 TD. It was due Friday. The 7/14 week low runs 35/70 TD's plus or minus 10%. The 7 week low can run 38 TD's and that is due early/mid Tuesday.

The waves are hard to read, but I believe that this is a 'b' wave with 'c' to come to the down side. The 16 TD top for the SPX is due Friday/Monday.

The gold market is running as I thought.

In this article: GDX, SPX
SPX,GDX Update - September 26, 2016
5 years ago

It looks as though the large drop will be Wednesday

In this article: GDX, SPX
Big Gold Rally This Week, Stocks Down?
6 years ago

The normal Mercury Rx Cycle switched from a top to a bottom (inverted) I now expect to the top on Sept 8 near 33.50. New chart coming.

In this article: GDX, SPX
S&P 500 Down 10% Into Early September?
6 years ago

Now I'm thinking more like 6.9% into Sept 1 from the top on August 15 with another move up to the 2221/22 SPX area by Sept 20. A crash into November still looks likely to me. We could see a mini panic from August 30-Sept 1 of 6.6%.

In this article: SPX
1 to 10 of 10 comments


AAPL Apple Inc.
C Citigroup Inc.
FB Meta Platforms, Inc. (Formerly Facebook, Now META))
GDX Market Vectors Gold Miners ETF
GS Goldman Sachs Group Inc.
MSFT Microsoft Corporation
NFLX Netflix Inc.
SLV iShares Silver Trust
TOMDF Toldos Medical
TWTR Twitter Inc
UUP PowerShares DB US Dollar Index Bullish Fund
WMT Wal-Mart Stores Inc.
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