9/17/2012 Dollar - Harami formation after an extended decline warns of possible reversal. (click to enlarge)
Intermarket analysis allows us to see what the market really believes about the news we are inundated with daily. Actions of the dollar and oil at the first time
target, September 18 (Pluto stations), confirmed our August 14th hypothesis of when the fall uptrend would start to stall. For example, action of the dollar on September 17, 2012 (http://www.mariarinehart.com/101040639),
warned that the market at that time may not be giving much credence to QE3. On September 18, we ended our long call on AAPL.
For more on oil, see our Trader Planet article on OPEC and oil
Financial Astrology and Growth Stocks
Financial astrology is effective at identifying growth stocks. Many people come to astrology during times of personal struggle. These times of
struggle also offer the catalyst for growth. Companies made up of people respond in a similar fashion. Identifying a potential catalyst offers another perspective to be used with your traditional fundamental and/or technical tools.
our September 2012 article at Market Watch for YHOO,
The Market is Not Right or Wrong, the Market is the Answer
This blog is my interpretation of the
market’s dance. We do not get it 100% right, but we are able to identify the trends and the big picture consistently, i.e. we were bearish in late September when others were still die-hard bulls and noted rising risk with AAPL
and GOOG before they suffered their major losses. Although, we originally hypothesized that the fall 2012 correction would be deeper because of our view then that we were at a late stage of the market cycle, we remained true to our philosophy
that the market is the answer and cautiously acknowledged a market follow-thru by late November. In December, we began following the developments in China, and early leaders such as autos and semiconductors pointing to a nascent global recovery.
In the meantime, we remain cautious about what we term as the oil conundrum to a nascent recovery: rise in oil while indicative of global demand and growth, poses pressure to growth in a consumer driven economy, like the U.S., when it reaches levels
that are unsustainable as we've seen time and again. However, the whys, as I mentioned earlier will often reveal themselves later, or we change our views as the market leads us to do so.
If you need an analyst with my skills, please contact
me via Twitter, @RinehartMaria.
***Finally this blog is for entertainment and learning only. Thus, stocks mentioned are for ongoing analysis and demonstration of method shared in this blog only and not to be construed
as recommendation to buy or sell. The blogger combines financial astrology with traditional TA and intermarket analysis. Hope you enjoy, but please do your own homework and make your own mistakes and successes. You can always follow us on Twitter
Edited February 23, 2013 -